XML 15 R5.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities:    
Net loss $ (36,870) $ (15,127)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 7,934 535
Income (Loss) from Continuing Operations Attributable to Parent (44,804) (15,662)
Adjustments to reconcile loss from continuing operations to net cash used in operating activities of continuing operations:    
Depreciation and amortization 4,393 5,894
Amortization of deferred charges or gains (56) (3)
Amortization of deferred financing costs and debt discount 2,439 2,167
Debt Restructuring Costs 7,075 0
Loss from lease termination 4,539 0
Loss (gain) on sale of property, plant and equipment 1,774 (5,622)
Unrealized gains on commodity hedges 263 102
Foreign Currency Transaction (Gain) Loss, Unrealized 61 (3,823)
Equity in earnings of joint venture (311) (875)
Dividends from joint venture 0 315
Share-based Compensation 202 714
Deferred income taxes 0 (7,351)
Changes in assets and liabilities:    
Accounts receivable (9,979) 758
Inventories 26,563 (10,185)
Prepaid expenses and other current assets (2,129) (3,894)
Other noncurrent assets (173) (242)
Prepaid pension costs (122) 620
Accounts payable 4,073 15,130
Income tax payable and receivable 504 643
Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities 8,902 9,569
Pension and postretirement benefit obligations and other noncurrent liabilities 968 (158)
Net cash from (used) in operating activities of continuing operations 3,534 (4,461)
Cash Provided by (Used in) Operating Activities, Discontinued Operations (5,219) 1,681
Net Cash Provided by (Used in) Operating Activities (1,685) (2,780)
Investing activities:    
Capital expenditures (1,238) (1,837)
Proceeds from Sale of Property, Plant, and Equipment 467 7,541
Net cash (used in) from investing activities of continuing operations (771) 5,704
Cash Provided by (Used in) Investing Activities, Discontinued Operations 53,570 (224)
Net Cash Provided by (Used in) Investing Activities 52,799 5,480
Financing activities:    
Proceeds from long-term debt 287,113 206,900
Repayments of long-term debt (331,196) (204,357)
Payments of Debt Restructuring Costs (7,075) 0
Payments of Build to Suit Lease Liability (462) 0
Other financing (7,537) 0
Net cash from (used in) financing activities (51,620) 2,543
Effect of exchange rate changes on cash and cash equivalents 124 (331)
Net change in cash and cash equivalents (382) 4,912
Cash and cash equivalents - beginning of year 11,100 8,454
Cash and cash equivalents - end of period $ 10,718 $ 13,366