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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net loss $ (24,684) $ (28,602)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 12,291 12,994
Provision for doubtful accounts 424 91
Deferred income taxes (11,897) (14,043)
Lower of cost or market inventory adjustment   4,372
Loss (gain) on disposal or impairment of assets 948 (32)
Foreign currency transaction gain (loss), net (129) 48
Stock compensation expense 1,564 2,242
Change in fair value of derivative instruments (784) 12,547
Changes in operating assets and liabilities:    
Trade accounts and other receivables 23,339 63,785
Inventories (5,937) 1,871
Prepaid expenses and other current assets 169 711
Long-term other expenses (4) 78
Accounts payable (439) (6,778)
Accrued expenses (2,879) (11,648)
Income tax receivable, net (277) 15,479
Net cash (used in) provided by operating activities (8,295) 53,115
Investing activities    
Capital expenditures (6,088) (22,887)
Net cash used in investing activities (6,088) (22,887)
Financing activities    
Proceeds from bank borrowings   50,000
Repayments on bank borrowings (23,000)  
Dividends paid   (7,682)
Purchase of common stock (418) (549)
Net cash (used in) provided by financing activities (23,418) 41,769
Effect of exchange rate changes on cash 397 (152)
Net (decrease) increase in cash and cash equivalents (37,404) 71,845
Cash and cash equivalents at beginning of period 78,866 24,298
Cash and cash equivalents at end of period 41,462 96,143
Supplemental cash flow information    
Interest paid 966 164
Income taxes paid $ 0 $ 0