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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from (used for) operating activities:    
Net income (loss) $ (21,789,000) $ 7,827,000
Adjustments to reconcile net income (loss) to net cash from (used for) operating activities -    
Depreciation and amortization 14,902,000 16,867,000
Goodwill and intangible asset impairment 24,451,000 [1] 0
Loss on disposition of property and equipment 0 33,000
Stock-based compensation 1,680,000 1,719,000
Other long-term assets (704,000) 954,000
Other long-term liabilities (9,526,000) (1,595,000)
10,422,000 23,897,000
Changes in working capital:    
Accounts receivable 8,649,000 (37,380,000)
Inventories 82,077,000 (43,061,000)
Prepaid expenses and other 13,908,000 3,367,000
Accounts payable (19,373,000) 5,418,000
Change in outstanding checks (14,484,000) (10,048,000)
Accrued payroll and other accrued liabilities (11,862,000) (1,196,000)
58,915,000 (82,900,000)
Net cash from (used for) operating activities 69,337,000 (59,003,000)
Cash flows from (used for) investing activities:    
Capital expenditures (6,017,000) (7,214,000)
Proceeds from disposition of property and equipment 3,000 37,000
Net cash used for investing activities (6,014,000) (7,177,000)
Cash flows from (used for) financing activities:    
Credit facility revolver borrowings 283,092,000 506,591,000
Credit facility revolver repayments (342,002,000) (383,191,000)
Term loan repayments 0 (48,854,000)
Industrial revenue bond repayments (840,000) (810,000)
Credit facility fees and expenses (125,000) (1,130,000)
Proceeds from exercise of stock options (including tax benefits) and employee stock purchases 14,000 137,000
Dividends paid (660,000) (659,000)
Net cash from (used for) financing activities (60,521,000) 72,084,000
Cash and cash equivalents:    
Net change 2,802,000 5,904,000
Beginning balance 2,238,000 3,186,000
Ending balance 5,040,000 9,090,000
Interest paid 3,898,000 4,348,000
Income taxes paid $ 693,000 $ 3,714,000
[1] The goodwill and intangible asset impairments relate to the Company's tubular and pipe products segment.