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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities:    
Net income (loss) $ 5,557 $ 29,650
Reconciliation of net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion 26,367 25,705
Impairments and other charges 109 777
(Gain) loss on investments (3,591) 157
Equity-based compensation expense 4,904 4,199
(Recovery of) provision for credit losses (37) 190
Amortization and expense of financing costs 1,123 2,707
Loss on debt extinguishment 5,535 0
Insurance recoveries associated with damaged equipment 0 (2,850)
Gain on sale of assets (142) (432)
Other non-cash charges (credits) 307 (1,721)
Changes in operating assets and liabilities:    
Accounts receivable 3,009 7,600
Inventories (1,958) (19,990)
Prepaid expenses and other current assets (1,230) 1,313
Trade accounts payable and accrued expenses (5,884) 2,893
Other (3,184) 1,133
Net cash provided by (used in) operating activities 30,885 51,331
Investing activities:    
Purchases of property, plant, and equipment, net (45,792) (30,240)
Proceeds from sale of property, plant, and equipment 2,656 658
Proceeds from insurance recoveries associated with damaged equipment 0 2,850
Purchase of investments (1,021) (350)
Other investing activities (287) (1,836)
Net cash used in investing activities (44,444) (28,918)
Financing activities:    
Proceeds from credit agreements and long-term debt 184,722 97,384
Principal payments on credit agreements and long-term debt (163,481) (98,441)
Payments on financing lease obligations (1,054) (837)
Debt issuance costs (5,956) 0
Shares withheld for taxes on equity-based compensation (2,953) 0
Other financing activities (1,280) 0
Net cash provided by (used in) financing activities 9,998 (1,894)
Effect of exchange rate changes on cash 89 (285)
Increase (decrease) in cash and cash equivalents (3,472) 20,234
Cash and cash equivalents at beginning of period 52,485 13,592
Cash and cash equivalents at beginning of period 49,013 33,826
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets    
Cash and cash equivalents at end of period 48,355 33,826
Restricted cash at end of period 658 0
Total cash, cash equivalents, and restricted cash at end of period shown in the consolidated statements of cash flows $ 49,013 $ 33,826