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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities    
Net loss $ (67,836) $ (52,613)
Adjustments to reconcile net loss to cash used in operating activities    
Depreciation and amortization 57,162 62,050
Equity-based compensation expense 5,168 9,116
Amortization of deferred financing costs 0 246
Deferred tax benefit 0 (20,320)
Provision for bad debts 41 371
(Gain) loss on disposal of assets 452 (1,262)
Changes in fair value of investments (417) (1,474)
Realized loss on sale of investment 0 478
Unrealized (gain) loss on derivatives (765) 730
Other 0 (1,876)
Changes in operating assets and liabilities    
Accounts receivable (21,712) (6,697)
Inventories (1,461) 5,627
Other current assets 2,042 3,102
Other assets 324 1,745
Accounts payable and accrued liabilities (10,192) 4,400
Deferred revenue (424) (7,707)
Other non-current liabilities (244) (3,383)
Net cash used in operating activities (37,862) (7,467)
Cash flows from investing activities    
Purchases of property, plant and equipment and intangibles (11,265) (15,240)
Proceeds from sale of assets 1,755 2,200
Proceeds from sale of investments 56,946 11,499
Purchase of investments (42,279) (118)
Net cash (used in) provided by investing activities 5,157 (1,659)
Cash flows from financing activities    
Repayments of borrowings (2,921) (154)
Dividends paid on common stock 0 (33,426)
Net treasury shares withheld for taxes (1,217) (2,249)
Proceeds from the issuance of ESPP shares 562 1,266
Deferred financing costs (48) 0
Net cash used in financing activities (3,624) (34,563)
Effect of exchange rate changes on cash 2,078 (887)
Net decrease in cash and cash equivalents (34,251) (44,576)
Cash and cash equivalents at beginning of period 213,015 319,526
Cash and cash equivalents at end of period 178,764 274,950
Non-cash transactions:    
Change in accounts payable and accrued liabilities related to capital expenditures (3,460) 2,901
Net transfers from inventory to property, plant and equipment $ (2,028) $ (1,358)