INTEREST EXPENSE AND SUPPLEMENTAL CASH FLOW INFORMATION (Tables)

6 Months Ended

Jun. 30, 2020

Supplemental Cash Flow Information [Abstract]

Summary of Interest Expenses

Interest expense in our Condensed Consolidated Financial Statements consisted of the following components:

	Three months ended June 30,				Six months ended June 30,
(in thousands)	2020		2019		2020		2019
Components associated with borrowings from:
U.S. Revolving Credit Facility	$	3,409	$	3,801	$	7,448	$	7,351
Last Out Term Loans - cash interest	4,828		3,606		8,875		4,119
Last Out Term Loans - paid-in-kind interest	—		3,881		—		4,941
	8,237		11,288		16,323		16,411
Components associated with amortization or accretion of:
U.S. Revolving Credit Facility - deferred financing fees and commitment fees	3,629		8,880		12,664		14,149
United States revolving credit facility contingent consent fee for Amendment 16	—		4,674		—		4,674
U.S. Revolving Credit Facility - deferred ticking fee for Amendment 16	2		—		1,660		—
Last Out Term Loans - discount and financing fees	1,579		1,479		3,729		2,069
	5,210		15,033		18,053		20,892
Other interest expense	2,035		516		3,197		668
Total interest expense	$	15,482	$	26,837	$	37,573	$	37,971

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents and restricted cash reporting within the Condensed Consolidated Balance Sheets that sum to the total of the same amounts in the Condensed Consolidated Statements of Cash Flows:

(in thousands)	June 30, 2020		December 31, 2019		June 30, 2019		December 31, 2018
Held by foreign entities	$	34,676	$	38,921	$	30,932	$	35,522
Held by U.S. entities	2,139		4,851		4,258		7,692
Cash and cash equivalents of continuing operations	36,815		43,772		35,190		43,214
Reinsurance reserve requirements	5,596		9,318		5,350		11,768
Restricted foreign accounts	2,661		3,851		3,830		5,297
Bank guarantee collateral	3,044		—		—		—
Restricted cash and cash equivalents	11,301		13,169		9,180		17,065
Total cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows	$	48,116	$	56,941	$	44,370	$	60,279

Schedule of Restricted Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents and restricted cash reporting within the Condensed Consolidated Balance Sheets that sum to the total of the same amounts in the Condensed Consolidated Statements of Cash Flows:

(in thousands)	June 30, 2020		December 31, 2019		June 30, 2019		December 31, 2018
Held by foreign entities	$	34,676	$	38,921	$	30,932	$	35,522
Held by U.S. entities	2,139		4,851		4,258		7,692
Cash and cash equivalents of continuing operations	36,815		43,772		35,190		43,214
Reinsurance reserve requirements	5,596		9,318		5,350		11,768
Restricted foreign accounts	2,661		3,851		3,830		5,297
Bank guarantee collateral	3,044		—		—		—
Restricted cash and cash equivalents	11,301		13,169		9,180		17,065
Total cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows	$	48,116	$	56,941	$	44,370	$	60,279

Schedule of Other Significant Noncash Transactions

The following cash activity is presented as a supplement to our Condensed Consolidated Statements of Cash Flows and is included in Net cash used in activities:

	Six months ended June 30,
(in thousands)	2020		2019
Income tax payments, net	$	1,438	$	32
Interest payments on our U.S. Revolving Credit Facility	$	8,110	$	6,921
Interest payments on our Last Out Term Loans	6,140		1,022
Total cash paid for interest	$	14,250	$	7,943