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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities:    
Net income (loss) $ (48,309) $ 1,027
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 19,922 23,119
Impairment of goodwill and other intangible assets 46,881 0
Change in accounts receivable (9,060) (11,477)
Change in inventories (10,593) (13,956)
Change in accounts payable 6,743 919
Accrued interest and amortization of discounts and finance fees 557 449
Pension & non-pension post-retirement benefits, net (1,165) 176
Accrued liabilities & prepaid expenses (2,768) 1,215
Income taxes (2,483) (1,698)
Share-based compensation expense 1,935 1,456
Other operating activities (908) (430)
Net cash provided by operating activities 752 800
Investing activities:    
Additions to property, plant and equipment (18,300) (21,349)
Net cash used in investing activities (18,300) (21,349)
Financing activities:    
Borrowings on ABL credit facility 73,871 51,131
Repayments on ABL credit facility (46,300) (28,631)
Other repayments 0 (1,383)
Repayments on Term Loan B (2,200) (2,200)
Taxes paid on distribution of equity awards (409) (214)
Dividends 0 (2,595)
Net cash provided by financing activities 24,962 16,108
Effect of exchange rate fluctuations on cash (182) (437)
Increase (decrease) in cash 7,232 (4,878)
Cash & cash equivalents at beginning of period 25,066 24,696
Cash & cash equivalents at end of period 32,298 19,818
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 10,602 9,766
Cash paid during the period for income taxes $ 5,206 $ 3,584