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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ (24,428) $ (143,176)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 67,496 66,067
Amortization 16,032 17,067
Deferred income tax (benefit) expense 7,622 (10,396)
Equity (income) loss of unconsolidated entities, net 442 245
Dividends from unconsolidated entities 0 526
(Gain) loss on early extinguishment of debt 0 (2,254)
Goodwill impairment 0 104,580
Property, plant and equipment impairment charge 14,099 0
Other, net 4,146 1,020
Changes in assets and liabilities, net of acquisitions and dispositions of businesses:    
Accounts receivable (56,383) 87,607
Income tax refunds receivable, reimbursable to seller 0 7,687
Inventories (7,952) (8,435)
Contract assets (3,535) 7,836
Right-of-use assets 16,211 14,383
Accounts payable 12,960 18,847
Accrued interest payable (192) (740)
Accrued compensation 9,194 (5,884)
Advances on contracts (12,978) (13,626)
Operating lease liabilities (14,790) (14,095)
Retirement plan liabilities, net (5,468) (21,587)
Other assets and liabilities 5,714 12,067
Net cash (used) provided by operating activities 28,190 117,739
Cash flows from investing activities:    
Purchases of property, plant and equipment (66,341) (61,791)
Proceeds from sales of assets 1,439 6,591
Expenditures for intangible assets (427) (100)
Proceeds from notes receivable 11,238 8,605
Net proceeds (payments) from settlement of foreign currency forward exchange contracts (2,408) 4,999
Payments for settlements of interest rate swaps 0 (2,123)
Other investing activities, net 84 153
Net cash used by investing activities (56,415) (43,666)
Cash flows from financing activities:    
Short-term borrowings, net 601 (31)
Current maturities and long-term debt:    
Additions 123,996 104,961
Reductions (90,727) (152,861)
Contributions from noncontrolling interests 1,654 0
Sale of noncontrolling interests 0 1,901
Stock-based compensation - Employee taxes paid (1,238) (1,698)
Payment of contingent consideration 0 (6,915)
Net cash (used) provided by financing activities 34,286 (54,643)
Effect of exchange rate changes on cash and cash equivalents, including restricted cash (1,789) (5,751)
Net increase in cash and cash equivalents, including restricted cash 4,272 13,679
Cash and cash equivalents, including restricted cash, at beginning of period 85,094 87,128
Cash and cash equivalents, including restricted cash, at end of period 89,366 100,807
Supplementary cash flow information:    
Change in accrual for purchases of property, plant and equipment included in accounts payable $ (3,170) $ 6,836