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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income (loss) $ (26,938) $ 62,042 $ 76,149
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 58,246 28,452 27,249
Allowance for doubtful accounts 19 (7) (16)
Amortization of deferred financing costs and original issue discount 1,746 964 964
Amortization of debt fair value adjustment 1,250 0 0
Loss on disposition of assets 148 38 218
Loss on extinguishment of debt 4,862 0 0
Change in assets and liabilities:      
Accounts receivable 2,185 (44) 429
Inventories 31,426 (1,915) (2,550)
Prepaid expenses and other current assets 2,410 2,133 3,111
Other long-term assets (1,383) (301) 149
Accounts payable 5,794 (1,609) (4,967)
Deferred revenue (20,395) (10,484) 12,917
Accrued expenses and other current liabilities (17,501) (3,193) 3,553
Other long-term liabilities 314 (2) (113)
Net cash provided by operating activities 44,969 78,421 118,878
Cash flows from investing activities:      
Capital expenditures (23,231) (17,023) (21,076)
Acquisition of CVR Nitrogen, LP, net of cash acquired (63,869) 0 0
Proceeds from sale of assets 0 78 110
Net cash used in investing activities (87,100) (16,945) (20,966)
Cash flows from financing activities:      
Payment of financing costs (10,688) 0 0
Proceeds on issuance of 2023 Notes, net of original issue discount 628,869 0 0
Proceeds on CRLLC Facility 300,000 0 0
Contribution from affiliate 507 0 0
Cash distributions to common unitholders – Affiliates (27,633) (48,650) (54,877)
Cash distribution to common unitholders – Non-affiliates (41,956) (42,754) (48,213)
Purchase of noncontrolling interest (5,000) 0 0
Redemption of common units 0 (19) (50)
Net cash provided by (used in) financing activities 47,759 (91,423) (103,140)
Net increase (decrease) in cash and cash equivalents 5,628 (29,947) (5,228)
Cash and cash equivalents, beginning of period 49,967 79,914 85,142
Cash and cash equivalents, end of period 55,595 49,967 79,914
Supplemental disclosures:      
Cash paid for income taxes, net 14 35 55
Cash paid for interest, net of capitalized interest of $454, $9 and $85 in 2016, 2015 and 2014, respectively 53,110 5,916 5,819
Non-cash investing and financing activities:      
Construction in progress additions included in accounts payable 3,871 1,030 1,066
Change in accounts payable related to construction in progress additions (1,134) (36) (800)
Reduction of proceeds from 2023 Notes from original issue discount 16,131 0 0
Fair value of common units issued in a business combination 335,693 0 0
Fair value of debt assumed in a business combination 367,500 0 0
CRLLC      
Adjustments to reconcile net income to net cash provided by operating activities:      
Share-based compensation 1,846 1,990 1,628
Third parties      
Adjustments to reconcile net income to net cash provided by operating activities:      
Share-based compensation 940 357 157
6.50% notes, due 2021      
Cash flows from financing activities:      
Repayments of debt (322,240) 0 0
CRLLC Facility      
Cash flows from financing activities:      
Repayments of debt (300,000) 0 0
CRNF Credit Facility      
Cash flows from financing activities:      
Repayments of debt (125,000) 0 0
Revolving credit facility      
Cash flows from financing activities:      
Repayments of debt $ (49,100) $ 0 $ 0