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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flow from operating activities:    
Net loss $ (78,425) $ (166,950)
Adjustments to reconcile net income to cash provided by operations:    
Depreciation and amortization 39,384 66,507
Impairments 35,381 121,570
Deferred income tax provision (4,947) (1,724)
Post-retirement and pension plan changes 2,252 3,093
Stock-based compensation 2,628 2,752
Interest expense 7,699 7,471
Other charges, net (1,321) 2,783
(Increase) decrease in working capital 30,395 30,416
Increase in long-term assets and liabilities (8,826) (10,018)
Net cash used in operating activities 24,220 55,900
Cash flow from investing activities:    
Capital expenditures (25,620) (46,464)
Proceeds from the sale of assets 638 2,523
Payments for derivative instruments (7,804) (194)
Insurance recoveries 0 2,834
Net cash used in investing activities (32,786) (41,301)
Cash flow from financing activities:    
Short-term debt borrowings (reductions), net 4,506 (1,019)
Revolving Facility borrowings 74,000 209,000
Revolving Facility reductions (66,000) (205,000)
Principal payments on long-term debt (67) (126)
Supply chain financing 0 (9,455)
Proceeds from exercise of stock options 0 2,813
Purchase of treasury shares (63) (435)
Revolving Facility refinancing fees (2,722) (2,636)
Other (2,850) 918
Net cash provided by financing activities 6,804 (5,940)
Net (decrease) increase in cash and cash equivalents (1,762) 8,659
Effect of exchange rate changes on cash and cash equivalents (1,283) 181
Cash and cash equivalents at beginning of period 17,550 11,888
Cash and cash equivalents at end of period 14,505 20,728
Change in current assets:    
Accounts and notes receivable, net 34,858 22,158
Inventories 3,274 42,298
Prepaid expenses and other current assets 6,238 (18,660)
Increase (decrease) in accounts payable and accruals (11,806) (284)
Rationalizations (2,183) (15,076)
Increase in interest payable 14 (20)
(Increase) decrease in working capital $ 30,395 $ 30,416