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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 7,637 $ (222,154)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 75,446 73,134
Income tax, non-cash changes (4,198) (19,389)
Impairment of goodwill and indefinite-lived intangibles   193,641
Stock-based compensation 6,844 727
Amortization of debt issuance costs 3,195 3,140
Other non-cash items (10,710) (1,493)
Accounts receivable (47,899) (4,062)
Inventories (66,513) 29,292
Other assets and liabilities 14,538 11,520
Accounts payable 7,181 27,438
Income taxes (99) 717
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (14,578) 92,511
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property, plant, and equipment (47,571) (33,592)
Proceeds from sale of fixed assets 6,589 859
NET CASH USED IN INVESTING ACTIVITIES (40,982) (32,733)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of long-term debt 1,658 11,690
Repayments of debt (3,569) (24,851)
Proceeds from borrowings on revolving credit facility   313,825
Repayments of borrowings on revolving credit facility   (316,910)
Cash dividends paid (10,140) (10,161)
Financing costs paid and other (4,339) (4,981)
Payments related to tax withholdings for stock-based compensation (1,473)  
Finance lease payments (1,012) (723)
NET CASH USED IN FINANCING ACTIVITIES (18,875) (32,111)
Effect of exchange rate changes on cash (1,871) 5,537
Net (decrease) increase in cash and cash equivalents (76,306) 33,204
Cash and cash equivalents at the beginning of the period 152,423 77,927
Cash and cash equivalents at the end of the period $ 76,117 $ 111,131