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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, 2017
Dec. 31, 2016
Cash flow from operating activities:        
Net income (loss) $ (33,551)   $ 7,983 $ (235,843)
Adjustments to reconcile net income (loss) to cash provided by operations:        
Depreciation and amortization 28,618   66,443 82,891
Impairment of longlived assets and goodwill     5,300 122,750
Deferred income tax provision 5,368   (15,695) (12,062)
Post-retirement and pension plan (gains) charges 2,638   (1,733) (698)
Non-cash interest expense 2,351   6,805 6,551
(Gain) loss on sale of assets     (9,108) 198
Other charges, net (1,934)   1,234 (235)
Net change in working capital 26,763   (20,004) 68,630
Change in long-term assets and liabilities (7,138)   (4,652) (9,367)
Net cash provided by operating activities 23,115   36,573 22,815
Cash flow from investing activities:        
Capital expenditures (18,442)   (34,664) (27,858)
Cash received from divestitures     27,254 15,900
Derivative instrument settlements, net 326     377
Proceeds from the sale of fixed assets 632   5,211 1,121
Net cash used in investing activities (17,484)   (2,199) (10,471)
Cash flow from financing activities:        
Short-term debt borrowings (reductions), net (15,504)   5,110 7,363
Credit Facility borrowings 62,000   77,000 56,000
Credit Facility reductions (68,000)   (114,839) (70,469)
Principal payments on longterm debt (183)   (266) (289)
Refinancing fees and debt issuance costs       (922)
Other (1,385)      
Net cash (used in) provided by financing activities (23,072)   (32,995) (8,317)
Net change in cash and cash equivalents (17,441)   1,379 4,027
Effect of exchange rate changes on cash and cash equivalents (665)   376 656
Cash and cash equivalents at beginning of period 25,033   11,610 6,927
Cash and Cash Equivalents, at Carrying Value 25,033   11,610 6,927
Supplemental disclosures of cash flow information:        
Interest 10,880   25,277 23,578
Income taxes 1,646   3,467 3,329
Decrease (increase) in current assets:        
Accounts and notes receivable, net (9,524)   (29,755) 3,432
Inventories 47,853   (15,649) 53,548
Prepaid expenses and other current assets 15,935   (10,565) (1,424)
Change in accounts payable and accruals (21,503)   36,350 15,757
Rationalizations (3,756)   (271) (2,758)
Increase in interest payable (2,242)   (114) 75
Net change in working capital 26,763   $ (20,004) $ 68,630
Predecessor [Member]        
Cash flow from operating activities:        
Net income (loss)   $ (120,649)    
Adjustments to reconcile net income (loss) to cash provided by operations:        
Depreciation and amortization   45,461    
Impairment of longlived assets and goodwill   35,381    
Deferred income tax provision   924    
Post-retirement and pension plan (gains) charges   2,998    
Stock-based compensation   15,357    
Non-cash interest expense   14,180    
Other charges, net   102    
Net change in working capital   45,594    
Change in long-term assets and liabilities   (11,025)    
Net cash provided by operating activities   28,323    
Cash flow from investing activities:        
Capital expenditures   (32,301)    
Derivative instrument settlements, net   (8,263)    
Proceeds from the sale of fixed assets   646    
Net cash used in investing activities   (39,918)    
Cash flow from financing activities:        
Short-term debt borrowings (reductions), net   18,511    
Credit Facility borrowings   160,000    
Credit Facility reductions   (99,000)    
Repayment of Senior Subordinated Notes   (200,000)    
Issuance of preferred shares   150,000    
Principal payments on longterm debt   (89)    
Refinancing fees and debt issuance costs   (5,068)    
Other   (3,530)    
Net cash (used in) provided by financing activities   20,824    
Net change in cash and cash equivalents   9,229    
Effect of exchange rate changes on cash and cash equivalents   (1,746)    
Cash and cash equivalents at beginning of period 25,033 17,550    
Cash and Cash Equivalents, at Carrying Value $ 25,033 17,550    
Supplemental disclosures of cash flow information:        
Interest   10,661    
Income taxes   5,016    
Non-cash operating, investing and financing activities:        
Common stock issued to savings and pension plan trusts   1,874    
Decrease (increase) in current assets:        
Accounts and notes receivable, net   61,008    
Inventories   1,164    
Prepaid expenses and other current assets   2,551    
Change in accounts payable and accruals   (18,728)    
Rationalizations   (2,677)    
Increase in interest payable   2,276    
Net change in working capital   $ 45,594