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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
5 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2015
Aug. 14, 2015
Dec. 31, 2016
Dec. 31, 2014
Dec. 31, 2013
Cash flow from operating activities:          
Net Loss     $ (235,843)    
Adjustments to reconcile net loss to cash provided by operations:          
Loss on divestiture       $ 0  
Predecessor [Member]          
Cash flow from operating activities:          
Net Loss $ (33,551) $ (120,649) 235,843 (285,376)  
Adjustments to reconcile net loss to cash provided by operations:          
Depreciation and amortization   45,461   119,708  
Impairment of long-lived assets and goodwill   35,381   197,220  
Rationalization related fixed asset write offs   0   926  
Inventory write-downs   0   19,600  
Deferred income taxes   924   (16,003)  
Post-retirement and pension plan charges   2,998   23,047  
Stock-based compensation   15,357   5,577  
Non-cash interest expense   14,180   15,693  
Loss on divestiture   0      
Other charges, net   102   1,441  
Net change in working capital   (45,594)   (56,846) $ (56,846)
Change in long-term assets and liabilities   (11,025)   (17,776)  
Net cash provided by operating activities   28,323 22,815 120,903  
Cash flow from investing activities:          
Capital expenditures   (32,301) (27,858) (84,981)  
Insurance proceeds   0   2,834  
Cash received from divestitures   0 15,889 0  
Derivative instrument settlements, net   (8,263) 377 (2,025)  
Proceeds from the sale of fixed assets   646 1,121 5,042  
Other   0   178  
Net cash used in investing activities   (39,918) (10,471) (78,952)  
Cash flow from financing activities:          
Short-term debt (reductions) borrowings, net   18,511 7,363 (1,021)  
Credit Facility borrowings   160,000 56,000 269,000  
Credit Facility reductions   (99,000) (70,469) (293,000)  
Repayment of Senior Subordinated Notes   (200,000)   0  
Issuance of preferred shares 0 150,000 0 0  
Principal payments on long-term debt   (89) (289) (192)  
Supply chain financing   0   (9,455)  
Proceeds from exercise of stock options   32   2,813  
Purchase of treasury shares   (63)   (894)  
Refinancing fees and debt issuance costs   (5,068) (922) (3,279)  
Other   (3,499)   951  
Net cash (used in) provided by financing activities   20,824 (8,317) (35,077)  
Net change in cash and cash equivalents   9,229 4,027 6,874  
Effect of exchange rate changes on cash and cash equivalents   (1,746) 656 (1,212)  
Cash and cash equivalents at beginning of period 25,033 17,550 6,927 11,888  
Cash and cash equivalents at end of period 6,927 25,033 11,610 17,550 11,888
Supplemental disclosures of cash flow information:          
Interest   10,661     21,549
Income taxes   5,016     10,611
Non-cash operating, investing and financing activities:          
Common stock issued to savings and pension plan trusts   1,874     4,381
Decrease (increase) in current assets:          
Accounts and notes receivable, net   61,008     28,466
Inventories   1,164     77,875
Prepaid expenses and other current assets   2,551     (14,898)
Change in accounts payables and accruals   (18,728)     (25,849)
Rationalizations   (2,677)     (8,732)
Increase in interest payable   2,276     (16)
Net change in working capital   (45,594)   $ (56,846) $ (56,846)
Successor [Member]          
Cash flow from operating activities:          
Net Loss (33,551) (120,649) (235,843)    
Adjustments to reconcile net loss to cash provided by operations:          
Depreciation and amortization 28,618   82,891    
Impairment of long-lived assets and goodwill 0   122,750    
Rationalization related fixed asset write offs 0   636    
Inventory write-downs 0   1,770    
Deferred income taxes 5,368   (12,062)    
Post-retirement and pension plan charges 2,638   (698)    
Stock-based compensation 0   0    
Non-cash interest expense 2,351   6,551    
Loss on divestiture 0   198    
Other charges, net (1,934)   (2,641)    
Net change in working capital (26,763)   (68,630)    
Change in long-term assets and liabilities (7,138)   (9,367)    
Net cash provided by operating activities 23,115   22,815    
Cash flow from investing activities:          
Capital expenditures (18,442)   (27,858)    
Insurance proceeds 0   0    
Cash received from divestitures 0   15,889    
Derivative instrument settlements, net 326   377    
Proceeds from the sale of fixed assets 632   1,121    
Other 0   0    
Net cash used in investing activities (17,484)   (10,471)    
Cash flow from financing activities:          
Short-term debt (reductions) borrowings, net (15,504)   7,363    
Credit Facility borrowings 62,000   56,000    
Credit Facility reductions (68,000)   (70,469)    
Repayment of Senior Subordinated Notes 0   0    
Issuance of preferred shares 1,385        
Principal payments on long-term debt (183)   (289)    
Supply chain financing 0   0    
Proceeds from exercise of stock options 0   0    
Purchase of treasury shares 0   0    
Refinancing fees and debt issuance costs 0   (922)    
Other (1,385)   0    
Net cash (used in) provided by financing activities (23,072)   (8,317)    
Net change in cash and cash equivalents (17,441)   4,027    
Effect of exchange rate changes on cash and cash equivalents (665)   656    
Cash and cash equivalents at beginning of period 25,033   6,927    
Cash and cash equivalents at end of period 6,927 $ 25,033 11,610    
Supplemental disclosures of cash flow information:          
Interest 10,880   23,578    
Income taxes 1,646   3,329    
Non-cash operating, investing and financing activities:          
Common stock issued to savings and pension plan trusts 0   0    
Decrease (increase) in current assets:          
Accounts and notes receivable, net (9,524)   3,432    
Inventories 47,853   53,548    
Prepaid expenses and other current assets 15,935   (1,424)    
Change in accounts payables and accruals (21,503)   15,757    
Rationalizations (3,756)   (2,758)    
Increase in interest payable (2,242)   75    
Net change in working capital $ (26,763)   $ (68,630)