XML 22 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating activities:    
Net loss $ (7,956) $ (93,368)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 44,333 45,544
Goodwill impairment 0 79,700
Change in accounts receivable 5,203 (2,698)
Change in inventories (6,424) (13,443)
Change in accounts payable (4,759) 5,574
Accrued interest and amortization of discounts and finance fees 1,158 1,318
Pension & non-pension post-retirement benefits, net (283) 1,680
Accrued liabilities & prepaid expenses 267 2,737
Income taxes 3,591 13,121
Share-based compensation expense 2,827 3,460
Other operating activities (1,087) 1,683
Net cash provided by operating activities 36,870 45,308
Investing activities:    
Additions to property, plant and equipment (45,087) (47,628)
Net cash used in investing activities (45,087) (47,628)
Financing activities:    
Borrowings on ABL credit facility 129,769 34,086
Repayments on ABL credit facility (109,901) (34,086)
Other repayments (3,077) (632)
Repayments on Term Loan B (4,400) (24,400)
Stock options exercised 5 466
Taxes paid on distribution of equity awards (336) (627)
Dividends (2,595) (10,355)
Other financing activities 0 334
Net cash provided by (used in) financing activities 9,465 (35,214)
Effect of exchange rate fluctuations on cash (878) 1,219
Increase (decrease) in cash 370 (36,315)
Cash & cash equivalents at beginning of year 24,696 61,011
Cash & cash equivalents at end of year 25,066 24,696
Supplemental disclosure of cash flow information:    
Cash paid during the year for interest, net of capitalized interest 20,091 18,638
Cash paid during the year for income taxes $ 8,514 $ 3,371