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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ 10,874 $ (62,278)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 22,794 24,035
Amortization of debt issuance costs 252 807
Impairment of goodwill and long-lived assets 0 61,109
Deferred income taxes 3,094 (6,048)
(Gain) loss on the sale of a business 964 0
Employee benefit plans settlement expenses 0 385
Stock-based compensation 2,695 1,799
(Gain) loss on disposition of property, plant and equipment 7 25
(Gain) loss from equity method investment (165) 26
Other, net (88) 53
Changes in operating assets and liabilities:    
Accounts receivable (16,690) 3,063
Contract assets 9,594 222
Inventories (9,508) (353)
Income taxes (receivable) payable (6,753) 886
Prepaid expenses and other assets (648) (953)
Accounts payable 11,415 8,342
Accrued payroll and other compensation (2,378) 2,974
Deferred revenue (768) 1,850
Accrued taxes payable (105) 5,833
Benefit plan liabilities (3,899) (434)
Other, net (2,190) (928)
Net cash provided by (used for) operating activities 18,497 40,415
Cash flows from investing activities:    
Capital expenditures (13,265) (15,472)
Collections of finance receivables 3,111 3,390
Payments from divestitures (2,715) 0
Proceeds from the sale of property, plant and equipment 19 2
Net cash provided by (used for) investing activities (12,850) (12,080)
Cash flows from financing activities:    
Proceeds from borrowings 263,210 20,000
Debt repayments (274,910) (7,001)
Proceeds from servicing receivables 4,787 458
Common stock issued 793 33
Common stock repurchased (201) (8)
Net cash provided by (used for) financing activities (6,321) 13,482
Effect of exchange rate changes on cash 1,042 (602)
Increase (decrease) in cash and cash equivalents 368 41,215
Cash and cash equivalents at beginning of period 102,176 51,331
Cash and cash equivalents at end of period $ 102,544 $ 92,546