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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities:      
Net income $ 25,757 $ 7,796 $ 103,602
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization, and accretion 34,329 32,819 33,532
Gain on sale on disposal of discontinued operations 0 0 (120,137)
Impairments and other charges 2,966 2,804 581
Unrealized (gain) loss on investments (539) (180) 2,227
Realized gain on sale of Standard Lithium shares 0 0 (15,479)
Provisions for deferred income taxes (734) 537 (71)
Equity-based compensation expense 10,622 6,880 4,664
Provision for (recovery of) credit losses 285 42 (654)
Amortization and expense of financing costs 3,433 3,376 3,091
Gain from insurance recoveries associated with damaged equipment (2,850) (3,750) (110)
Gain on sale of assets (562) (1,170) (482)
Other non-cash charges and credits (1,231) (482) (624)
Changes in operating assets and liabilities, net of assets acquired:       
Accounts receivable 20,165 (39,848) (27,795)
Inventories (23,205) (4,471) 5,387
Prepaid expenses and other current assets 2,176 (4,546) (6,533)
Trade accounts payable and accrued expenses (128) 22,705 27,006
Other (278) (3,555) (3,548)
Net cash provided by operating activities 70,206 18,957 4,657
Investing activities:      
Purchases of property, plant, and equipment, net (38,152) (40,056) (20,533)
Acquisition of businesses, net of cash acquired 0 (917) 0
Purchase of CarbonFree convertible note (350) 0 (5,000)
Proceeds from sale of investment 3,900 0 17,627
Proceeds from sale of property, plant, and equipment 6,661 1,706 1,687
Proceeds from insurance recoveries associated with damaged equipment 2,850 3,750 110
Other investing activities (1,936) (987) 934
Net cash used in investing activities (27,027) (36,504) (5,175)
Financing activities:      
Proceeds from long-term debt 97,529 13,825 1,614
Principal payments on credit agreements and long-term debt (100,497) (12,483) (50,477)
Financing cash flows - finance leases (1,695) (1,302) 0
Debt issuance costs and other financing activities 0 0 (1,191)
Net cash provided by (used in) financing activities (4,663) 40 (50,054)
Effect of exchange rate changes on cash 377 (452) (1,771)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 38,893 (17,959) (52,343)
Cash and cash equivalents at beginning of period 13,592 31,551 83,894
Cash and cash equivalents at beginning of period associated with discontinued operations 0 0 16,577
Cash and cash equivalents at beginning of period associated with continuing operations $ 13,592 31,551 67,317
Cash and cash equivalents at end of period associated with discontinued operations   0 0
Cash and cash equivalents at end of period associated with continuing operations   $ 13,592 $ 31,551