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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net loss $ (724,857) $ (379,015) $ (115,082)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization of long-lived assets 32,003 40,138 39,583
Amortization of deferred financing costs, debt discount and payment-in-kind interest 25,727 6,407 1,244
Gain on sale of business, net (33,919) (1,064) 0
Loss on debt extinguishment 49,241 0 0
Goodwill impairment of discontinued operations 72,309 0 0
Goodwill and other intangible asset impairment 40,046 86,903 0
Income from equity method investees (6,758) (8,326) (16,440)
Other-than-temporary impairment of equity method investment in TBWES 18,362 18,193 0
Losses on asset disposals and impairments 1,313 1,871 14,938
Provision for (benefit from) deferred income taxes, including valuation allowances 98,060 50,304 (9,000)
Mark to market losses (gains) and prior service cost amortization for pension and postretirement plans 63,511 (11,608) 36,346
Stock-based compensation, net of associated income taxes 2,254 11,813 16,129
Changes in assets and liabilities:      
Accounts receivable 80,376 9,414 46,755
Dividends from equity method investees 890 50,134 12,160
Accrued insurance receivable 12,300 0 (15,000)
Contracts in progress and advance billings on contracts (28,644) (24,001) (13,259)
Inventories 10,337 11,874 2,869
Income taxes (5,342) 26,618 22,593
Accounts payable (4,360) (14,664) 4,542
Accrued and other current liabilities 38,734 (30,049) 5,959
Accrued contract losses 61,651 40,634  
Pension liabilities, accrued postretirement benefits and employee benefits (38,976) (44,584) (46,973)
Other, net (6,023) (7,790) (4,242)
Net cash from operating activities (281,885) (189,833) 2,273
Cash flows from investing activities:      
Purchase of property, plant and equipment (5,473) (14,278) (22,450)
Acquisition of business, net of cash acquired 0 (52,547) (144,780)
Proceeds from sale of businesses, net of cash sold 155,016 0 0
Proceeds from sale of equity method investments in joint ventures 28,764 0 17,995
Investment in equity method investee 0 0 (26,256)
Purchases of available-for-sale securities (34,836) (29,252) (45,217)
Sales and maturities of available-for-sale securities 35,220 31,435 29,846
Other, net 534 708 646
Net cash from investing activities 179,225 (63,934) (190,216)
Cash flows from financing activities:      
Common stock repurchase from related party 0 (16,674) 0
Proceeds from rights offering 247,132 0 0
Costs related to rights offering (3,286) 0 0
Debt issuance costs (22,360) (15,002) 0
Issuance of common stock 1,243 0 0
Shares of our common stock returned to treasury stock (805) (967) (78,410)
Other, net 0 (1,082) (246)
Net cash from financing activities 82,612 206,125 (83,430)
Effects of exchange rate changes on cash (2,320) 6,632 (7,306)
Net decrease in cash, cash equivalents and restricted cash (22,368) (41,010) (278,679)
Less net increase (decrease) in cash and cash equivalents of discontinued operations (12,950) 4,489 8,461
Net decrease in cash, cash equivalents and restricted cash of continuing operations (9,418) (45,499) (287,140)
Cash, cash equivalents and restricted cash of continuing operations, beginning of period 69,697 115,196 402,336
Cash, cash equivalents and restricted cash of continuing operations, end of period 60,279 69,697 115,196
Accounting Standards Update 2014-09      
Changes in assets and liabilities:      
Accrued contract losses 21,531 17,599 19,151
U.S. Revolving Credit Facility      
Cash flows from financing activities:      
Borrowings under credit facilities 565,200 629,722 205,600
Repayments of lines of credit (514,600) (545,222) (195,800)
Last Out Term Loan - cash interest      
Cash flows from financing activities:      
Borrowings under our last out term loan from related party 30,000 0 0
Second Lien Term Loan Facility      
Cash flows from financing activities:      
Borrowings under credit facilities 0 161,674 0
Repayments of lines of credit (212,590) 0 0
Foreign Revolvers      
Cash flows from financing activities:      
Borrowings under credit facilities 0 273 5,674
Repayments of lines of credit $ (7,322) $ (6,597) $ (20,248)