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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating activities    
Net income (loss) $ 71,065 $ (71,051)
Adjustments to reconcile net income (loss) to operating cash flows:    
Depreciation and amortization 85,278 76,556
Share-based compensation expense 4,961 6,338
Non-cash interest expense 3,101 10,513
(Gain) loss on sale or disposal of assets, net (22,264) 788
Loss (gain) on early extinguishment of debt 1,457 (530)
Asset impairments 2,075 45,989
Pension and other postretirement benefit obligations (6,222) (15,399)
Equity income in unconsolidated investees, net (1,034) (374)
Change in other assets and liabilities, net (82,554) 4,746
Cash provided by operating activities 55,863 57,576
Investing activities    
Purchase of property, plant and equipment (28,604) (22,725)
Proceeds from sale of real estate and other assets 50,247 6,073
Proceeds from the sale of investments 6,161 588
Change in other investing activities 0 (202)
Cash provided by (used for) investing activities 27,804 (16,266)
Financing activities    
Payments of deferred financing costs (966) 0
Borrowings of long-term debt 15,000 0
Repayments of long-term debt (97,879) (39,575)
Repurchase of convertible debt (14,647) 0
Treasury stock (3,064) (3,103)
Changes in other financing activities (607) (846)
Cash used for financing activities (102,163) (43,524)
Effect of currency exchange rate change on cash (1,520) 396
Decrease in cash, cash equivalents and restricted cash (20,016) (1,818)
Cash, cash equivalents and restricted cash at beginning of period 116,181 110,612
Cash, cash equivalents and restricted cash at end of period $ 96,165 $ 108,794