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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net loss $ (62,278) $ (3,056)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Gain on divestiture 0 (1,459)
Depreciation and amortization 24,842 24,001
Impairment of goodwill and long-lived assets 61,109 0
Deferred income taxes (6,048) (12,358)
Employee benefit plans settlement expenses 385 25,515
Stock-based compensation 1,799 1,475
Other, net 53 0
Loss on disposition of property, plant and equipment 25 0
Loss (Income) from equity method investment 26 (22)
Changes in operating assets and liabilities:    
Accounts receivable 3,063 (1,988)
Contract assets 222 1,231
Inventories (353) (4,660)
Accounts payable 8,342 10,227
Accrued payroll and other compensation 2,974 3,000
Accrued taxes 5,833 308
Other, net 421 (5,995)
Net cash provided by operating activities 40,415 36,219
Cash flows from investing activities:    
Capital expenditures (15,472) (20,287)
Collections of finance receivables 3,390 0
Proceeds from divestiture 0 2,298
Proceeds from the sale of property, plant and equipment 2 295
Business acquisitions, net of cash acquired 0 869
Net cash used for investing activities (12,080) (16,825)
Cash flows from financing activities:    
Proceeds from borrowings 20,000 0
Debt repayments (7,001) (25,169)
Common stock issued 33 0
Common stock repurchased (8) (43)
Net cash provided by (used for) financing activities 13,482 (25,212)
Effect of exchange rate changes on cash (602) (3)
Increase (decrease) in cash and cash equivalents 41,215 (5,821)
Cash and cash equivalents at beginning of period 51,331 49,237
Cash and cash equivalents at end of period 92,546 43,416
Factoring liability $ 458 $ 0