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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Inventories $ 295,462 $ 382,903
Prepaid expenses and other current assets 21,674 81,623
Property, plant and equipment 660,880 1,500,821
Net property, plant and equipment [1] 637,533 654,040
Deferred income taxes   16,800
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Supply chain financing liability   0
Long-term debt 362,455 341,615
Other long-term obligations 95,485 107,566
Deferred income taxes 57,400 28,200
Predecessor [Member]    
ASSETS    
Cash and cash equivalents   17,550
Accounts and notes receivable, net of allowance for doubtful accounts of $7,471 as of December 31, 2014 and $304 as of December 31, 2015   162,919
Inventories   382,903
Prepaid expenses and other current assets   81,623
Total current assets   644,995
Property, plant and equipment   1,500,821
Less: accumulated depreciation   846,781
Net property, plant and equipment   654,040
Deferred income taxes   16,819
Goodwill   420,129
Other assets   97,822
Total assets   1,833,805
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable   86,409
Short-term debt   188,104
Accrued income and other taxes   24,506
Rationalizations   9,563
Other accrued liabilities   43,319
Total current liabilities   351,901
Long-term debt   341,615
Other long-term obligations   107,566
Deferred income taxes   $ 28,197
Commitments and Contingencies – Notes 10 and 13  
Stockholders’ equity:    
Preferred stock, par value $.01, 10,000,000 shares authorized, none issued   $ 0
Common stock, par value $.01, 225,000,000 shares authorized, 152,821,011 shares issued as of December 31, 2014 and 100 shares authorized and issued as of December 31, 2015   1,528
Additional paid – in capital   1,825,880
Accumulated other comprehensive loss   (336,524)
Accumulated deficit   (245,751)
Less: cost of common stock held in treasury, 15,922,729 shares as of December 31, 2014 and 0 as of December 31, 2015   (239,811)
Less: common stock held in employee benefit and compensation trusts, 80,967 shares as of December 31, 2014 and 0 shares as of December 31, 2015   (796)
Total stockholders’ equity   1,004,526
Total liabilities and stockholders’ equity   $ 1,833,805
Successor [Member]    
ASSETS    
Cash and cash equivalents 6,927  
Accounts and notes receivable, net of allowance for doubtful accounts of $7,471 as of December 31, 2014 and $304 as of December 31, 2015 102,815  
Inventories 295,462  
Prepaid expenses and other current assets 21,674  
Total current assets 426,878  
Property, plant and equipment 660,880  
Less: accumulated depreciation 23,347  
Net property, plant and equipment 637,533  
Deferred income taxes 15,327  
Goodwill 172,059  
Other assets 170,218  
Total assets 1,422,015  
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 49,478  
Short-term debt 4,772  
Accrued income and other taxes 9,039  
Rationalizations 3,048  
Other accrued liabilities 29,779  
Total current liabilities 96,116  
Long-term debt 362,455  
Other long-term obligations 95,485  
Deferred income taxes $ 57,430  
Commitments and Contingencies – Notes 10 and 13  
Stockholders’ equity:    
Preferred stock, par value $.01, 10,000,000 shares authorized, none issued $ 0  
Common stock, par value $.01, 225,000,000 shares authorized, 152,821,011 shares issued as of December 31, 2014 and 100 shares authorized and issued as of December 31, 2015 0  
Additional paid – in capital 854,337  
Accumulated other comprehensive loss (10,257)  
Accumulated deficit (33,551)  
Less: cost of common stock held in treasury, 15,922,729 shares as of December 31, 2014 and 0 as of December 31, 2015 0  
Less: common stock held in employee benefit and compensation trusts, 80,967 shares as of December 31, 2014 and 0 shares as of December 31, 2015 0  
Total stockholders’ equity 810,529  
Total liabilities and stockholders’ equity $ 1,422,015  
[1] Long-lived assets represent fixed assets, net of accumulated depreciation.