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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Operating activities          
Net loss     $ (37,084) $ (57,266)  
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization $ 8,944 $ 11,509 17,969 23,391  
Amortization of debt issuance costs and original issue discount     340 710  
Provision for doubtful accounts     81 413  
Deferred income taxes     4 618  
Gain on disposal or impairment of assets (55) 0 (59) 0  
Loss on sale of Russian proppant business 350 0 350 0  
Foreign currency transaction loss, net     0 2  
Stock compensation expense     2,254 2,750  
PIK accrual on notes payable, related parties     0 997  
Change in fair value of derivative instruments     (1,348) 159  
Changes in operating assets and liabilities:          
Trade accounts and other receivables     (3,777) (14,128)  
Inventories     836 4,689  
Prepaid expenses and other current assets     (407) (553)  
Accounts payable     (1,341) 1,214  
Accrued expenses     (4,303) 1,853  
Income tax receivable, net     97 (1,171)  
Other, net     2,126 1,405  
Net cash used in operating activities     (24,262) (34,917)  
Investing activities          
Capital expenditures     (1,105) (1,176)  
Net cash used in investing activities     (1,105) (1,176)  
Financing activities          
Repayments on long-term debt     0 (3,250)  
Repayments on insurance financing agreement     (500) (551)  
Payments of debt issuance costs     0 (875)  
Purchase of common stock     (421) (533)  
Net cash provided by (used in) financing activities     1,928 (5,209)  
Effect of exchange rate changes on cash     0 249  
Net decrease in cash and cash equivalents and restricted cash     (23,439) (41,053)  
Cash and cash equivalents and restricted cash at beginning of period     78,385 91,680 $ 91,680
Cash and cash equivalents and restricted cash at end of period $ 54,946 $ 50,627 54,946 50,627 $ 78,385
Supplemental cash flow information          
Interest paid     3,850 761  
Income taxes paid     0 0  
ATM Program          
Financing activities          
Proceeds from sale of common stock under ATM program     $ 2,849 $ 0