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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities    
Net income $ 11,517 $ 23,341
Loss (income) from discontinued operations, net of taxes 135 (3,802)
Adjustments to reconcile to net cash provided by continuing operations:    
Depreciation, depletion and amortization 43,310 38,114
Amortization of debt issue costs and original issue discount 441 1,525
Asset impairment charge 900  
Deferred income tax provision 446 441
Gains on dispositions of plant, equipment and timberlands, net (1,010) (1,327)
Share-based compensation 3,994 2,683
Change in operating assets and liabilities    
Accounts receivable (6,053) (5,431)
Inventories 2,229 (23,728)
Prepaid and other current assets (1,154) (4,512)
Accounts payable (33,790) (5,347)
Accruals and other current liabilities 284 (5,891)
Other 3,290 (472)
Net cash provided by operating activities from continuing operations 24,539 15,594
Investing activities    
Expenditures for purchases of plant, equipment and timberlands (20,165) (18,017)
Proceeds from disposals of plant, equipment and timberlands, net 1,037 1,363
Acquisition, net of cash acquired   (1,974)
Other (50) (163)
Net cash used by investing activities from continuing operations (19,178) (18,791)
Financing activities    
Net (repayments) borrowings under revolving credit facility (26,092) (30,183)
Repayment of 5.375% Notes   (250,000)
Proceeds from term loans   248,644
Payments of borrowing costs   (2,170)
Repayment of term loans (17,136) (11,020)
Payments of dividends (17,502) (17,194)
Payments related to share-based compensation awards and other (233) (755)
Net cash used by financing activities from continuing operations (60,963) (62,678)
Effect of exchange rate changes on cash 2,361 (1,794)
Net decrease in cash, cash equivalents and restricted cash (53,241) (67,669)
Decrease in cash, cash equivalents and restricted cash from discontinued operations (1,108) (17,970)
Cash, cash equivalents and restricted cash at the beginning of period 126,201 142,685
Cash, cash equivalents and restricted cash at the end of period 71,852 57,046
Less: restricted cash in Prepaid and other current assets (2,000)  
Less: restricted cash in Other assets (10,611)  
Cash and cash equivalents at the end of period 59,241 57,046
Cash paid for:    
Interest 4,704 9,245
Income taxes, net $ 8,592 $ 10,741