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Correction of Misstatements and Errors (Details 3) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss $ (1,938) $ 13,120 $ (11,076) $ (2,911)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:        
Provision for bad debts     1,210 21
Provision for obsolete inventory     (265) 0
Depreciation and amortization 3,000 2,800 8,331 7,777
Equity method income     162 0
Change in value of derivative liability     (57) 89
Change in value of Earnout share liability [1] 2,519 (1,861) 10,191 9,897
Change in fair value of warrant liability [2] 10,148 (6,756) 21,461 6,769
Deferred income taxes     (1,058) 352
Changes in operating assets and liabilities:        
Trade accounts receivables     (18,429) (10,263)
Inventories     (21,129) (3,535)
Prepaid expenses     360 0
Other assets     (5,849) (11,989)
Accounts payable and accrued expenses     20,566 4,311
Advances from customers     5,324 (12,388)
Related parties, net     (10,766) (8,333)
Other current liabilities     11,266 6,051
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES     10,242 (14,152)
CASH FLOWS FROM INVESTING ACTIVITIES        
Proceeds from sale of investments     376 368
Proceeds from sale of property and equipment     143 0
Purchase of investments     (1,444) (1,028)
Acquisition of property and equipment     (18,228) (24,918)
Restricted cash     0 3,605
CASH USED IN INVESTING ACTIVITIES     (19,153) (21,973)
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from debt     79,608 88,370
Proceeds from the sale of common stock     0 1,000
Repayments of debt     (72,461) (62,013)
Merger proceeds held in trust     0 22,519
CASH PROVIDED BY FINANCING ACTIVITIES     7,147 49,876
Effect of exchange rate changes on cash and cash equivalents     2,705 1,127
NET INCREASE IN CASH     941 14,878
CASH - Beginning of period     15,930 2,866
CASH - End of period 16,871 17,744 16,871 17,744
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION        
Interest     4,778 4,031
Income Tax     11,938 7,785
Noncash Investing and Financing Items [Abstract]        
Assets acquired under capital lease 44,600 3,100 44,624 3,152
Warrant procedes held by transfer agent     0 741
Scenario, Previously Reported [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss 7,583 11,259 6,117 6,986
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:        
Provision for bad debts     1,210 21
Provision for obsolete inventory     (265) 0
Depreciation and amortization     8,331 7,777
Equity method income     162 0
Change in value of derivative liability     (57) 89
Change in value of Earnout share liability [1] 0 0 0 0
Change in fair value of warrant liability [2] 3,146 (6,756) 14,459 6,769
Deferred income taxes     (1,058) 352
Changes in operating assets and liabilities:        
Trade accounts receivables     (18,869) (10,710)
Inventories     (21,129) (3,535)
Prepaid expenses     360 0
Other assets     (5,849) (11,989)
Accounts payable and accrued expenses     20,830 4,344
Advances from customers     5,324 (12,388)
Related parties, net     (10,590) (7,919)
Other current liabilities     11,266 6,051
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES     10,242 (14,152)
CASH FLOWS FROM INVESTING ACTIVITIES        
Proceeds from sale of investments     250 368
Proceeds from sale of property and equipment     143 0
Purchase of investments     (1,318) (1,028)
Acquisition of property and equipment     (18,228) (24,918)
Restricted cash     0 3,605
CASH USED IN INVESTING ACTIVITIES     (19,153) (21,973)
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from debt     79,608 88,370
Proceeds from the sale of common stock     0 1,000
Repayments of debt     (72,461) (62,013)
Merger proceeds held in trust     0 22,519
CASH PROVIDED BY FINANCING ACTIVITIES     7,147 49,876
Effect of exchange rate changes on cash and cash equivalents     2,705 1,127
NET INCREASE IN CASH     941 14,878
CASH - Beginning of period     15,930 2,866
CASH - End of period 16,871 17,744 16,871 17,744
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION        
Interest     4,778 4,031
Income Tax     11,938 7,785
Noncash Investing and Financing Items [Abstract]        
Assets acquired under capital lease     44,624 3,152
Warrant procedes held by transfer agent     0 741
Restatement Adjustment [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss (9,521) 1,861 $ (17,193) $ (9,897)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:        
Provision for bad debts    
Provision for obsolete inventory    
Depreciation and amortization    
Equity method income    
Change in value of derivative liability    
Change in value of Earnout share liability [1] 2,519 $ (1,861) $ 10,191 $ 9,897
Change in fair value of warrant liability $ 7,002 [2] [2] $ 7,002 [2]
Deferred income taxes    
Changes in operating assets and liabilities:        
Trade accounts receivables     $ 440 $ 447
Inventories    
Prepaid expenses    
Other assets    
Accounts payable and accrued expenses     $ (264) $ (33)
Advances from customers    
Related parties, net     $ (176) $ (414)
Other current liabilities    
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES    
CASH FLOWS FROM INVESTING ACTIVITIES        
Proceeds from sale of investments     $ 126
Proceeds from sale of property and equipment    
Purchase of investments     $ (126)
Acquisition of property and equipment    
Restricted cash    
CASH USED IN INVESTING ACTIVITIES    
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from debt    
Proceeds from the sale of common stock    
Repayments of debt    
Merger proceeds held in trust    
CASH PROVIDED BY FINANCING ACTIVITIES     $ 0
Effect of exchange rate changes on cash and cash equivalents     $ 0 0
NET INCREASE IN CASH     $ 0 0
CASH - Beginning of period     0
CASH - End of period $ 0 0
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION        
Interest     $ 0 0
Income Tax     0 0
Noncash Investing and Financing Items [Abstract]        
Assets acquired under capital lease     0 0
Warrant procedes held by transfer agent     $ 0 $ 0
[1] Earnout shares - The Company entered into an Agreement and Plan of Reorganization (the “Merger Agreement”) as of August 17, 2013. Pursuant to the Merger Agreement, on the closing date of December 20, 2013, the Company issued 3,000,000 Ordinary Shares (“Earnout Shares”) to be held in escrow and to be released after the closing based on the Company’s achievement of specified share price targets or targets based on Tecnoglass Holding’s net earnings before interest income or expense, income taxes, depreciation, amortization and any expenses arising solely from the merger charged to income (“EBITDA”) in the fiscal years ending December 31, 2014, 2015 or 2016.
[2] Warrants exercises - In previously filed financial statement for the three- and nine-month periods ended September 30, 2015 and 2014, the Company had recorded the fair value of exercised warrants on the date of exercise in the condensed consolidated statement of operations and disclosed the net gain or loss on exercise as a component of the total change in the fair value of the warrant liability. The Company now records the change in fair value from the last reporting date to the date of exercise in the Company’s condensed consolidated statement of operations and records the fair value of the exercised warrants on the date of exercise as a charge to additional paid-in capital in shareholders equity. The correction resulted in changes to the financial statements for the three- and nine- month periods ended September 30, 2015 as the associated warrant exercises commenced on July 6, 2015.