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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities    
Net loss $ (70,387) $ (159,875)
Loss (income) from discontinued operations, net of taxes 894 (129)
Adjustments to reconcile to net cash used by continuing operations:    
Depreciation, depletion and amortization 47,394 50,482
Amortization of debt issue costs and original issue discount 4,292 1,420
Pension settlement charge 633 0
Goodwill and other asset impairment charges 0 159,890
Russia/Ukraine conflict charges 0 3,948
Deferred income tax benefit (2,073) (19,032)
Gains on dispositions of plant, equipment and timberlands, net (1,350) (2,868)
Share-based compensation 2,205 37
Loss on sale of Ober-Schmitten 17,805 0
Change in operating assets and liabilities:    
Accounts receivable 18,606 (42,890)
Inventories 1,142 (70,818)
Prepaid and other current assets (13,702) 7,227
Accounts payable (60,042) 17,702
Accruals and other current liabilities 11,380 (3,868)
Other 1,248 (5,579)
Net cash used by operating activities from continuing operations (41,955) (64,353)
Investing activities    
Expenditures for purchases of plant, equipment and timberlands (25,229) (30,084)
Proceeds from disposals of plant, equipment and timberlands, net 1,484 3,194
Payments related to Ober-Schmitten sale (5,793) 0
Acquisition, net of cash acquired 0 1,413
Other 844 (25)
Net cash used by investing activities from continuing operations (28,694) (25,502)
Financing activities    
Proceeds from term loan 262,273 0
Repayment of term loans (227,422) (29,528)
Net borrowings (repayments) under revolving credit facility (11,981) 102,957
Payments of borrowing costs (11,603) (1,285)
Payments of dividends 0 (18,766)
Payments related to share-based compensation awards and other (280) (1,294)
Net cash provided by financing activities from continuing operations 10,987 52,084
Effect of exchange rate changes on cash (143) (6,760)
Net decrease in cash, cash equivalents and restricted cash (59,805) (44,531)
Increase (decrease) in cash, cash equivalents and restricted cash from discontinued operations (734) 45
Cash, cash equivalents and restricted cash at the beginning of period 119,162 148,814
Cash, cash equivalents and restricted cash at the end of period 58,623 104,328
Less: restricted cash in Prepaid expenses and other current assets (3,600) (2,000)
Less: restricted cash in Other assets (2,282) (6,993)
Cash and cash equivalents at the end of period 52,741 95,335
Cash paid for:    
Interest 37,026 17,885
Income taxes, net $ 6,823 $ 19,085