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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
1 Months Ended 8 Months Ended 9 Months Ended
Sep. 30, 2017
Aug. 31, 2017
Sep. 30, 2018
Operating activities:      
Net (loss) income $ (821) [1]   $ (20,309)
Adjustments to reconcile net (loss) income to net cash used in operating activities:      
Depreciation and amortization 502 [1]   6,965
Amortization of deferred financing costs and debt discount 73   5,762
Unrealized loss on embedded debt conversion option 0   0
Noncash reorganization items, net 0   0
(Gain) loss on sale of property, plant and equipment 0   (4)
Unrealized foreign currency gain (1,292)   (784)
Noncash interest paid in kind 951   9,755
Noncash compensation expense 215   2,063
Deferred income taxes 0   (4,188)
Other, net 66   463
Changes in assets and liabilities:      
Accounts receivable (3,658)   (15,253)
Inventories (784)   (14,324)
Prepaid expenses and other current assets (3,050)   (3,614)
Other noncurrent assets 567   540
Prepaid pension costs (168)   (2,065)
Accounts payable 235   8,947
Income tax payable and receivable 174   (83)
Accrued and other current liabilities 523   1,791
Pension and postretirement benefit obligations and other noncurrent liabilities (93)   (287)
Net cash used in operating activities (6,560)   (24,625)
Investing activities:      
Capital expenditures (924)   (4,909)
Proceeds from sale of property, plant and equipment 5   53
Proceeds from release of cash collateralization of letters of credit 0   0
Net cash (used in) from investing activities (919)   (4,856)
Financing activities:      
Proceeds from long-term debt including credit facilities 8,677   45,454
Repayments of long-term debt including credit facilities (25)   (17,600)
Repayments of short-term borrowings, net (216)   (607)
Payments of debt issue costs 0   (499)
Payments of build-to-suit liability 0   (897)
Net cash from financing activities 8,436   25,851
Effect of exchange rate changes on cash and cash equivalents 95   (118)
Net change in cash and cash equivalents 1,052   (3,748)
Cash and cash equivalents - beginning of period 10,064   11,104
Cash and cash equivalents - end of period 11,116 $ 10,064 $ 7,356
Predecessor      
Operating activities:      
Net (loss) income [1]   36,190  
Adjustments to reconcile net (loss) income to net cash used in operating activities:      
Depreciation and amortization [1]   10,150  
Amortization of deferred financing costs and debt discount   3,810  
Unrealized loss on embedded debt conversion option [1]   146  
Noncash reorganization items, net   (87,107)  
(Gain) loss on sale of property, plant and equipment   7  
Unrealized foreign currency gain   (4,439)  
Noncash interest paid in kind   0  
Noncash compensation expense   630  
Deferred income taxes   (953)  
Other, net   537  
Changes in assets and liabilities:      
Accounts receivable   (6,061)  
Inventories   (2,703)  
Prepaid expenses and other current assets   (3,100)  
Other noncurrent assets   1,664  
Prepaid pension costs   (849)  
Accounts payable   8,602  
Income tax payable and receivable   (340)  
Accrued and other current liabilities   (6,002)  
Pension and postretirement benefit obligations and other noncurrent liabilities   (471)  
Net cash used in operating activities   (50,289)  
Investing activities:      
Capital expenditures   (2,850)  
Proceeds from sale of property, plant and equipment   619  
Proceeds from release of cash collateralization of letters of credit   7,492  
Net cash (used in) from investing activities   5,261  
Financing activities:      
Proceeds from long-term debt including credit facilities   195,026  
Repayments of long-term debt including credit facilities   (175,414)  
Repayments of short-term borrowings, net   3,797  
Payments of debt issue costs   (1,831)  
Payments of build-to-suit liability   (3,000)  
Net cash from financing activities   18,578  
Effect of exchange rate changes on cash and cash equivalents   890  
Net change in cash and cash equivalents   (25,560)  
Cash and cash equivalents - beginning of period $ 10,064 35,624  
Cash and cash equivalents - end of period   $ 10,064  
[1] * Adjusted due to the adoption of ASU No. 2017-07, "Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost." See Note 3 - New Accounting Standards, for additional information.