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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (193,982) $ (43,873)
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:    
Depreciation and amortization 38,164 43,834
Income tax, noncash changes 41,538 18,659
Stock-based compensation 1,655 4,086
Amortization of debt issuance costs 3,563 2,370
Interest paid-in-kind on long-term debt 11,791  
Impairment of long-lived assets 66,906  
Other noncash items 8,331 (2,902)
Accounts receivable (1,957) (28,544)
Inventories 28,044 (6,358)
Other assets and liabilities (8,863) (1,933)
Cash proceeds from early termination of derivative instruments 37,537  
Accounts payable (22,944) 16,249
Income taxes (3,750) (6,132)
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES 6,033 (4,544)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property, plant, and equipment (11,911) (14,844)
NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES (11,911) (14,844)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of short-term debt 10,000  
Repayments on term loans and notes (3,475) (2,774)
Proceeds from borrowings on revolving credit facility 65,473  
Repayments of borrowings on revolving credit facility (23,000)  
Cash dividends paid   (3,383)
Financing costs paid and other (903) (299)
Payments related to tax withholdings for stock-based compensation (781) (1,345)
Finance lease payments (456) (293)
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES 46,858 (8,094)
Effect of exchange rate changes on cash 4,178 (1,862)
Net changes in cash and cash equivalents 45,158 (29,344)
Cash and cash equivalents at the beginning of the period 40,110 201,606
Cash and cash equivalents at the end of the period 85,268 172,262
Supplemental Cash Flow Information    
Cash paid during the period for interest 20,687 31,625
Cash paid during the period for taxes, net of refunds 5,344 10,435
Non-cash inventory charge due to customer resourcing actions 12,149  
Non-cash Investing Activities    
Period end balance of accounts payable for property, plant, and equipment $ 7,566 $ 2,982