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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (83,951) $ (16,230)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Unrealized gain on fair value of contingent consideration 0 (18,337)
Unrealized gain on E.ON contingent obligation (1,059) (1,059)
Lower of cost or market inventory adjustment 1,499 31,013
Depreciation and amortization 63,306 55,815
Ravenswood impairment 3,830 30,850
Pension and other postretirement benefits 1,682 (298)
Deferred income taxes (8,520) 1,215
Stock-based compensation 1,134 1,381
Equity in earnings of joint ventures (891) (2,069)
Change in operating assets and liabilities:    
Accounts receivable - net (1,712) 69,055
Due from affiliates 3,146 2,406
Inventories (1,265) (46,392)
Prepaid and other current assets 9,016 3,435
Accounts payable, trade (5,028) (43,485)
Due to affiliates 4,628 11,395
Accrued and other current liabilities 4,769 (8,418)
Pension contribution - Mt. Holly 0 (34,595)
Ravenswood retiree legal settlement 23,000 0
Other - net 1,998 (3,173)
Net cash provided by operating activities 15,582 32,509
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (13,127) (47,595)
Purchase of remaining interest in Mt. Holly smelter 0 11,313
Restricted and other cash deposits (255) (141)
Net cash used in investing activities (13,382) (36,423)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under revolving credit facilities 900 1,414
Repayments under revolving credit facilities (900) (1,414)
Repurchase of common stock 0 (36,352)
Net cash used in financing activities 0 (36,352)
CHANGE IN CASH AND CASH EQUIVALENTS 2,200 (40,266)
Cash and cash equivalents, beginning of period 115,393 163,242
Cash and cash equivalents, end of period $ 117,593 $ 122,976