| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
CASH FROM OPERATIONS | ||||||
Net income (loss) | ||||||
-853,000 | 893,000 | 608,000 | -346,000 | -739,000 | -347,000 | -2,870,000 |
Adjustments to reconcile net income (loss) to cash from operations: | ||||||
Depreciation, depletion, and amortization | ||||||
713,000 | 733,000 | 752,000 | 718,000 | 780,000 | 954,000 | 1,026,000 |
Deferred income taxes | ||||||
15,000 | -30,000 | 168,000 | -46,000 | 86,000 | -50,000 | -10,000 |
Equity earnings, net of dividends | ||||||
-21,000 | -17,000 | -9,000 | -48,000 | -158,000 | -97,000 | -77,000 |
Restructuring and other charges, net (D) | ||||||
1,031,000 | 527,000 | 309,000 | 318,000 | 983,000 | 863,000 | 712,000 |
Impairment of goodwill | ||||||
- | - | - | - | - | - | 1,731,000 |
Net gain from investing activities – asset sales (O) | ||||||
3,000 | - | 116,000 | 164,000 | 32,000 | 34,000 | 13,000 |
Net periodic pension benefit cost (J) | ||||||
119,000 | 146,000 | 111,000 | 66,000 | 67,000 | 77,000 | 122,000 |
Stock-based compensation | ||||||
30,000 | 35,000 | 24,000 | 28,000 | 35,000 | 39,000 | 33,000 |
Provision for bad debt expense | ||||||
21,000 | - | - | - | - | - | - |
Other | ||||||
-30,000 | 59,000 | -32,000 | 16,000 | -41,000 | -15,000 | 26,000 |
Changes in assets and liabilities, excluding effects of divestitures and foreign currency translation adjustments: | ||||||
(Increase) Decrease in receivables | ||||||
-283,000 | 43,000 | 118,000 | 234,000 | -130,000 | 91,000 | 62,000 |
Decrease in inventories | ||||||
-137,000 | 306,000 | 279,000 | -1,000 | -212,000 | 126,000 | -36,000 |
Decrease in prepaid expenses and other current assets | ||||||
-27,000 | 32,000 | -43,000 | 52,000 | -58,000 | 21,000 | 1,000 |
(Decrease) in accounts payable, trade | ||||||
-153,000 | -165,000 | 377,000 | 6,000 | -156,000 | 110,000 | 219,000 |
(Decrease) in accrued expenses | ||||||
-175,000 | -319,000 | -563,000 | -320,000 | -311,000 | -404,000 | -393,000 |
(Decrease) in taxes, including income taxes | ||||||
-330,000 | 241,000 | 111,000 | -148,000 | -32,000 | -67,000 | 96,000 |
Pension contributions (J) | ||||||
173,000 | 992,000 | 106,000 | 66,000 | 69,000 | 154,000 | 128,000 |
Decrease (Increase) in noncurrent assets | ||||||
24,000 | 101,000 | 99,000 | 184,000 | 356,000 | -32,000 | -185,000 |
(Decrease) Increase in noncurrent liabilities | ||||||
-30,000 | -97,000 | -39,000 | 80,000 | 20,000 | 13,000 | 88,000 |
CASH PROVIDED FROM OPERATIONS | ||||||
686,000 | 448,000 | 1,224,000 | -311,000 | 875,000 | 842,000 | 452,000 |
FINANCING ACTIVITIES | ||||||
Net transfers from former parent company | ||||||
- | - | - | -806,000 | 34,000 | 332,000 | -561,000 |
Cash paid to former parent company related to separation (A) | ||||||
- | - | 247,000 | 1,072,000 | - | - | - |
Net change in short-term borrowings (original maturities of three months or less) | ||||||
- | - | 7,000 | -4,000 | - | - | 6,000 |
Additions to debt (original maturities greater than three months) (L) | ||||||
- | 560,000 | 21,000 | 1,228,000 | - | 1,000 | 1,000 |
Payments on debt (original maturities greater than three months) (L) | ||||||
7,000 | 135,000 | 60,000 | 34,000 | 24,000 | 36,000 | 41,000 |
Proceeds from the exercise of employee stock options | ||||||
2,000 | 23,000 | 43,000 | 10,000 | - | - | - |
Repurchase of common stock (M) | ||||||
- | 50,000 | - | - | - | - | - |
Financial contributions for the divestiture of businesses | ||||||
12,000 | - | - | - | - | - | - |
Contributions from noncontrolling interest | ||||||
51,000 | 149,000 | 80,000 | 48,000 | 2,000 | 43,000 | 9,000 |
Distributions to noncontrolling interest | ||||||
472,000 | 827,000 | 342,000 | 233,000 | 106,000 | 120,000 | 107,000 |
Other | ||||||
-6,000 | -8,000 | -8,000 | - | - | - | 1,000 |
CASH USED FOR FINANCING ACTIVITIES | ||||||
-444,000 | -288,000 | -506,000 | 749,000 | -162,000 | -444,000 | 429,000 |
Capital expenditures | ||||||
379,000 | 399,000 | 405,000 | 404,000 | 391,000 | 444,000 | 567,000 |
Proceeds from the sale of assets | ||||||
23,000 | 1,000 | 245,000 | -112,000 | -70,000 | -223,000 | -8,000 |
Additions to investments | ||||||
112,000 | 7,000 | 66,000 | 3,000 | 63,000 | 145,000 | 242,000 |
Sales of investments (H) | ||||||
- | - | - | 146,000 | - | 28,000 | - |
CASH PROVIDED FROM (USED FOR) INVESTING ACTIVITIES | ||||||
-468,000 | -405,000 | -226,000 | -149,000 | -384,000 | -338,000 | -802,000 |
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH | ||||||
-7,000 | -4,000 | 14,000 | 13,000 | -38,000 | -7,000 | -14,000 |
Net change in cash and cash equivalents and restricted cash | ||||||
-233,000 | -249,000 | 506,000 | 302,000 | 291,000 | 53,000 | 65,000 |