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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (100,810) $ (47,773)
Adjustments to reconcile net (loss) income to cash provided by operating activities:    
Deferred income taxes (39,690) (17,281)
Depreciation 10,620 10,593
Amortization 7,818 8,950
Asset impairments 135,884 80,337
Equity loss in nonconsolidated investments 946 312
Loss on sales and disposals of property, plant, and equipment 209 125
Share-based compensation 875 1,382
Excess income tax deficiency (benefit) from share-based compensation 124 (289)
Change in operating assets and liabilities, net of acquisitions:    
Accounts receivable 13,491 (1,485)
Inventories 3,188 (1,283)
Other current assets (379) 625
Prepaid income tax (6,436) 2,969
Other noncurrent assets 117 (1,101)
Dividends from LB Pipe & Coupling Products, LLC 0 90
Accounts payable (13,256) (16,058)
Deferred revenue 866 (317)
Accrued payroll and employee benefits (2,294) (5,283)
Other current liabilities 956 (370)
Other liabilities (353) (455)
Net cash provided by operating activities 11,876 13,688
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from the sale of property, plant, and equipment 923 389
Capital expenditures on property, plant and equipment (6,507) (11,618)
Acquisitions, net of cash acquired 0 (193,871)
Loans and capital contributions to equity method investment (635) (61)
Net cash used by investing activities (6,219) (205,161)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of debt (134,200) (108,777)
Proceeds from debt 101,075 289,764
Proceeds from exercise of stock options and stock awards 0 68
Financing fees (712) (1,670)
Treasury stock acquisitions (265) (2,686)
Cash dividends on common stock paid to shareholders (1,244) (1,244)
Excess income tax (deficiency) benefit from share-based compensation (124) 289
Net cash (used) provided by financing activities (35,470) 175,744
Effect of exchange rate changes on cash and cash equivalents 152 (3,085)
Net decrease in cash and cash equivalents (29,661) (18,814)
Cash and cash equivalents at beginning of period 33,312 52,024
Cash and cash equivalents at end of period 3,651 33,210
Supplemental Disclosure of Cash Flow Information:    
Interest paid 3,485 2,513
Income taxes paid $ 3,991 $ 6,280