XML 66 R6.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net loss $ (35,703) $ (59,181)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Deferred income taxes (5,797) 1,015
Loss on extinguishment of debt   5,951
Depreciation and amortization of property, plant and equipment 51,575 53,514
Amortization of intangible and other assets 936 1,787
Loss (gain) on sales of property and equipment 657 (1,924)
Other 4,093 7,075
Cash provided (used) by changes in assets and liabilities:    
Accounts receivable 15,511 6,308
Inventories 8,852 4,599
Prepaid insurance 9,446 8,878
Accounts payable (15,257) 5,023
Accrued interest 10,886 3,298
Other assets and other liabilities (4,227) 2,437
Net cash provided by operating activities 40,972 38,780
Cash flows from investing activities    
Expenditures for property, plant and equipment (20,455) (27,187)
Net proceeds from sales of property and equipment 61 6,654
Proceeds from property insurance recovery associated with property, plant and equipment   1,531
Net proceeds from sale of discontinued operations   2,730
Other investing activities 36 112
Net cash used by investing activities (20,358) (16,160)
Cash flows from financing activities    
Proceeds from revolving debt facility 5,000  
Payments on revolving debt facility (15,000)  
Net proceeds from 9.625% senior secured notes 35,086 390,473
Payments on senior secured notes   (375,000)
Proceeds from other long-term debt 16,830  
Payments on other long-term debt (12,065) (7,593)
Payments of debt-related costs, including extinguishment and modification costs (1,065) (10,845)
Payments on short-term financing (7,970) (7,621)
Payments of preferred stock modification costs   (2,677)
Taxes paid on equity awards (695) (230)
Net cash provided (used) by financing activities 20,121 (13,493)
Net increase in cash and cash equivalents 40,735 9,127
Cash and cash equivalents at beginning of period 26,048 33,619
Cash and cash equivalents at end of period $ 66,783 $ 42,746