XML 49 R7.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
OPERATING ACTIVITIES    
Net loss $ (160,423) $ (739)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, amortization and other non-cash charges 39,532 43,062
Stock-based compensation expense 2,097 2,452
Gain on disposition of assets, net 819 3,504
Deferred income tax benefit (33,495) (7,446)
Impairment and other non-cash charges 205,437  
(Increase) decrease in assets:    
Accounts receivable (5,664) 4,400
Income taxes receivable (10,855) 27,219
Inventories 3,286 5,731
Prepaid expenses 1,753 423
Other current assets 81 354
Other non-current assets 4,980 (2,844)
Increase (decrease) in liabilities:    
Accounts payable 17,004 3,666
Income taxes payable 257 (1,187)
Accrued payroll and related expenses 182 433
Accrued insurance expenses (448) 179
Accrued state, local and other taxes 1,347 1,647
Other accrued expenses (2,733) 166
Pension liabilities (5,070) 3,145
Long-term accrued insurance expenses 825 637
Other long-term liabilities (2,435) (648)
Net cash provided by operating activities 54,839 77,146
INVESTING ACTIVITIES    
Capital expenditures (25,019) (62,280)
Proceeds from sale of assets 3,595 6,070
Net cash used for investing activities (21,424) (56,210)
FINANCING ACTIVITIES    
Payment of dividends   (21,486)
Cash paid for common stock purchased and retired (792) (2,698)
Net cash used for financing activities (792) (24,184)
Net increase (decrease) in cash and cash equivalents 32,623 (3,248)
Cash and cash equivalents at beginning of year 50,023 116,262
Cash and cash equivalents at end of year 82,646 113,014
Income taxes (refund) paid, net (12,281) 292
Capital expenditures included in accounts payable $ 7,250 $ 17,634