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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities:    
Net income (loss) $ (68,941) $ (45,855)
Reconciliation of net income (loss) to cash provided by (used in) operating activities:    
Depreciation, amortization, and accretion 88,906 93,364
Impairment and other charges 14,445 3,306
Benefit for deferred income taxes 550 545
Equity-based compensation expense 4,847 6,260
Provision for doubtful accounts 5,907 3,351
Loss on disposition of business 0 7,500
Amortization of deferred financing costs 3,698 4,614
Insurance recoveries associated with damaged equipment 643 1,392
Equipment received in lieu of cash 725 0
Debt exchange expenses 4,777 0
Liabilities, Fair Value Adjustment 0 3,574
Warrants fair value adjustment (326) (1,035)
Contingent consideration liability fair value adjustment 0 (800)
Gain on sale of assets (4,340) (1,583)
Changes in operating assets and liabilities, net of assets acquired:    
Accounts receivable 61,314 13,309
Inventories 11,780 (6,847)
Prepaid expenses and other current assets (916) (1,831)
Trade accounts payable and accrued expenses (57,844) 10,344
Other 888 (3,234)
Net cash provided by (used in) operating activities 64,827 83,590
Investing activities:    
Purchases of property, plant, and equipment, net 22,011 89,192
Proceeds on sale of property, plant, and equipment 24,704 2,152
Proceeds from Insurance Settlement, Investing Activities 643 1,392
Other investing activities (576) (890)
Net cash provided by (used in) investing activities 2,760 (98,562)
Financing activities:    
Proceeds from long-term debt 404,060 246,090
Principal payments on long-term debt (408,666) (204,718)
CCLP distributions (932) (924)
Redemptions of CCLP Series A Preferred 0 (28,049)
Tax remittances on equity based compensation (341) (571)
Debt issuance costs and other financing activities (3,897) (373)
Net cash provided by (used in) financing activities (9,776) 11,455
Effect of exchange rate changes on cash (355) (606)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 57,456 (4,123)
Cash, cash equivalents, and restricted cash 75,224 35,979
Supplemental cash flow information:    
Interest paid 42,199 49,073
Income taxes paid 4,692 6,226
Payments to Acquire Businesses, Net of Cash Acquired $ 0 $ 12,024