XML 115 R7.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating activities:    
Net loss $ (69,019) $ (7,956)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 39,046 44,333
Asset impairments (note 4) 65,152
Change in accounts receivable 2,336 5,203
Change in inventories 16,545 (6,424)
Change in accounts payable 9,202 (4,759)
Accrued interest and amortization of discounts and finance fees 1,173 1,158
Pension & non-pension post-retirement benefits, net (376) (283)
Accrued liabilities & prepaid expenses 4,350 267
Income taxes (5,062) 3,591
Cloud computing costs (4,188)
Share-based compensation expense 3,231 2,827
Other operating activities 1,042 (1,087)
Net cash provided by operating activities 63,432 36,870
Investing activities:    
Cash paid for property, plant and equipment (31,159) (45,087)
Net cash used in investing activities (31,159) (45,087)
Financing activities:    
Borrowings on ABL credit facility 93,171 129,769
Repayments on ABL credit facility (95,601) (109,901)
Other repayments (3,077)
Repayments on Term Loan B (4,400) (4,400)
Stock options exercised 5
Taxes paid on distribution of equity awards (420) (336)
Dividends (2,595)
Debt refinancing costs (755)
Net cash provided by (used in) financing activities (8,005) 9,465
Effect of exchange rate fluctuations on cash (416) (878)
Increase in cash 23,852 370
Cash & cash equivalents at beginning of year 25,066 24,696
Cash & cash equivalents at end of year 48,918 25,066
Supplemental disclosure of cash flow information:    
Cash paid during the year for interest, net of capitalized interest 20,738 20,091
Cash paid during the year for income taxes $ 11,887 $ 8,514