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CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 53,059 $ 42,402
Adjustments to reconcile net income to net cash (used for) provided by operating activities:    
Depreciation and amortization 22,959 19,657
Loss on disposal of assets 1,189 617
Deferred income taxes 20,500 24,696
Stock based compensation 3,619 0
Accretion of deferred financing fees 296 0
Changes in assets and liabilities:    
Accounts and other receivables (7,945) (14,773)
Inventories (2,509) 15,927
Accounts payable (14,157) (3,859)
Income taxes payable 4,949 0
Accrued liabilities (227) (6,902)
Deferred income and customer advances (23,982) (22,535)
Other assets and liabilities 3,041 (13,377)
Net cash provided by operating activities 60,792 41,853
Cash flows from investing activities:    
Expenditures for property, plant and equipment (47,785) (39,292)
Other investing activities (4,062) (328)
Net cash used for investing activities (51,847) (39,620)
Cash flows from financing activities:    
Borrowings from revolving credit facility 276,000 0
Payments of revolving credit facility (276,000) 0
Principal payments of capital leases (70) 0
Net decrease in invested equity 0 (2,233)
Net cash used for financing activities (70) (2,233)
Net increase in cash and cash equivalents 8,875 0
Cash and cash equivalents at beginning of period 14,199 0
Cash and cash equivalents at the end of period 23,074 0
Non-Cash Investing Activities:    
Capital expenditures included in accounts payable 16,980 14,926
Supplemental Disclosure of Cash Flow Information:    
Interest paid 5,244 0
Income taxes paid $ 6,671 $ 0