XML 24 R8.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (243,561) $ (96,460)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 98,178 100,722
Income tax, non-cash changes 7,489 (3,504)
Impairment of goodwill and indefinite-lived intangibles 193,641 102,238
Stock-based compensation 2,374 5,716
Amortization of debt issuance costs 4,020 4,843
Other non-cash items 5,776 (714)
Accounts receivable 28,052 26,737
Inventories 20,921 5,262
Other assets and liabilities 11,257 7,424
Accounts payable 24,523 7,479
Income taxes (2,549) 3,099
NET CASH PROVIDED BY OPERATING ACTIVITIES 150,121 162,842
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property, plant, and equipment (45,038) (64,294)
Proceeds from sale of fixed assets 859  
Other investing activities   9,631
NET CASH USED IN INVESTING ACTIVITIES (44,179) (54,663)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of long-term debt 11,690  
Repayments of debt (25,672) (46,024)
Proceeds from borrowings on revolving credit facility 313,825 114,040
Repayments of borrowings on revolving credit facility (316,910) (114,040)
Cash dividends paid (13,555) (22,556)
Purchase of non-controlling redeemable shares (5,020) (6,681)
Payments related to tax withholdings for stock-based compensation (458) (108)
Finance lease payments (960) (1,230)
NET CASH USED IN FINANCING ACTIVITIES (37,060) (76,599)
Effect of exchange rate changes on cash 5,614 (1,117)
Net increase in cash and cash equivalents 74,496 30,463
Cash and cash equivalents at the beginning of the period 77,927 47,464
Cash and cash equivalents at the end of the period $ 152,423 $ 77,927