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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
11 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended
Dec. 31, 2011
Successor
Dec. 29, 2012
Successor
Jan. 28, 2011
Predecessor
Jan. 01, 2011
Predecessor
Operating activities:        
Net income (loss) $ (76,112) $ (26,038) $ (18,120) $ 11,030
Adjustments for non-cash transactions:        
Deferred income taxes (4,311) (1,123) 0 (3,682)
Depreciation and amortization expense 57,290 66,706 3,535 46,353
Asset impairment charge 9,267 0 0 744
Inventory step-up 13,012 0 0 0
Inventory absorption on step-up (85) 0 0 0
(Gain) loss on financial instruments 0 (147) 187 2,192
(Gain) loss on sale of assets, net 716 3 (25) (391)
Non-cash compensation 868 842 13,591 4,681
Changes in operating assets and liabilities:        
Accounts receivable (12,615) 9,427 (3,287) (3,632)
Inventories 10,682 9,295 (2,988) (7,809)
Other current assets 42,421 1,221 (38,025) (8,215)
Accounts payable and accrued liabilities (14,924) 13,214 17,238 30,555
Other, net (2,092) 2,071 2,624 (8,582)
Net cash provided by (used in) operating activities 24,117 75,471 (25,270) 63,244
Investing activities:        
Purchases of property, plant and equipment (68,428) (51,625) (8,405) (45,183)
Proceeds from sale of assets 11,395 1,660 105 4,363
Acquisition of noncontrolling interest (7,246) 0 0 0
Acquisition of intangibles and other (193) (268) (5) (456)
Acquisition of Polymer Group, Inc. (403,496) 0 0 0
Net cash provided by (used in) investing activities (467,968) (50,233) (8,305) (41,276)
Financing activities:        
Proceeds from issuance of Senior Secured Notes 560,000 0 0 0
Proceeds from long-term borrowings 10,281 10,977 31,500 28,086
Proceeds from short-term borrowings 8,245 5,725 631 17,859
Repayment of Term Loan (286,470) 0 0 (3,999)
Repayment of long-term borrowings (51,045) (7,678) (24) (30,880)
Repayment of short-term borrowings (36,456) (9,933) (665) (19,425)
Loan acquisition costs (19,252) (220) 0 (166)
Issuance of common stock 259,807 1,087 0 0
Other financing, net 0 0 0 439
Net cash provided by (used in) financing activities 445,110 (42) 31,442 (8,086)
Effect of exchange rate changes on cash 712 (59) 549 579
Net change in cash and cash equivalents 1,971 25,137 (1,584) 14,461
Cash and cash equivalents at beginning of period 70,771 72,742 72,355 57,894
Cash and cash equivalents at end of period $ 72,742 $ 97,879 $ 70,771 $ 72,355