| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net (loss) | ||||||
-58,500 | -163,000 | -41,800 | 9,200 | 29,600 | -30,500 | |
Adjustments to reconcile net (loss) to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
50,700 | 55,100 | 78,700 | 46,600 | 38,100 | 52,100 | |
(Gain) loss on disposal of discontinued operations | ||||||
10,400 | -153,800 | 0 | 0 | -200 | -3,500 | |
Intangible asset impairment | ||||||
0 | 0 | 12,500 | 0 | 0 | - | |
Inventory Write-down | ||||||
13,600 | 0 | 0 | - | - | - | |
Impairment on assets of discontinued operations | ||||||
- | - | - | - | - | 11,900 | |
Fixed and intangible asset impairments | ||||||
- | - | - | - | - | 15,400 | |
Deferred income taxes | ||||||
1,100 | 2,400 | -3,000 | -5,200 | -56,000 | 30,400 | |
Stock-based compensation | ||||||
1,200 | 5,400 | 2,200 | 5,700 | 0 | 0 | |
U.S. pension expense | ||||||
5,600 | 6,800 | 8,900 | 6,500 | 0 | 0 | |
Write off of debt financing costs | ||||||
800 | 600 | 0 | 0 | - | - | |
Other non-cash adjustments, net | ||||||
-200 | 800 | 600 | -6,000 | 3,700 | 2,200 | |
Changes in operating assets and liabilities: | ||||||
Receivables | ||||||
-2,900 | -16,300 | 2,500 | 3,200 | -6,500 | 11,700 | |
Inventories | ||||||
-14,100 | 39,400 | -30,400 | 19,800 | -12,100 | 18,300 | |
Accounts payable and accrued expenses | ||||||
-26,000 | 16,800 | -10,500 | 9,900 | 23,400 | -6,000 | |
Income taxes payable and receivable | ||||||
-500 | 2,800 | -3,000 | -600 | 5,500 | -22,500 | |
Other assets and liabilities | ||||||
800 | -5,700 | 8,400 | 1,100 | 3,100 | 8,900 | |
Net cash (used for) provided by operating activities | ||||||
-6,000 | 62,500 | 62,900 | 54,000 | 52,600 | 13,200 | |
Cash flows from investing activities: | ||||||
Purchases of property, plant and equipment | ||||||
28,900 | 35,300 | 44,800 | 37,600 | 61,600 | 83,300 | |
Post Closing Expense on Divestiture of Business | ||||||
1,900 | - | - | - | - | - | |
Net (payments) proceeds related to sale of discontinued operations | ||||||
- | 90,200 | 0 | 0 | - | - | |
Net cash effect related to discontinued operations | ||||||
- | - | - | - | - | -4,100 | |
Proceeds from the sale of assets | ||||||
1,400 | 5,700 | 400 | 500 | - | - | |
Cash paid for acquisition | ||||||
0 | 0 | 36,100 | 0 | 0 | - | |
Other investing activities | ||||||
- | - | - | -200 | -3,300 | -8,700 | |
Net cash (used for) provided by investing activities | ||||||
-29,400 | 60,600 | -80,500 | -36,900 | -58,300 | -78,700 | |
Cash flows from financing activities: | ||||||
Proceeds from revolving credit facility | ||||||
47,200 | 82,000 | 90,000 | 110,000 | 0 | 0 | |
Payments on revolving credit facility | ||||||
30,000 | 142,000 | 25,000 | 90,000 | 0 | 0 | |
Issuance of long-term debt | ||||||
0 | 75,000 | 0 | 0 | - | - | |
Payments of long-term debt | ||||||
75,300 | 0 | 0 | 10,000 | 0 | 0 | |
Financing costs | ||||||
800 | 700 | 0 | 1,400 | 0 | 0 | |
Payments on capital lease | ||||||
0 | 200 | 200 | 0 | 0 | - | |
Purchases of treasury stock | ||||||
51,400 | 1,000 | 40,000 | 0 | 0 | - | |
Cash distribution paid to AWI | ||||||
- | - | - | 50,000 | 0 | 0 | |
Proceeds from exercised stock options | ||||||
100 | 800 | 1,400 | 300 | 0 | 0 | |
Value of shares withheld related to employee tax withholding | ||||||
900 | 600 | 1,800 | 0 | 0 | - | |
Proceeds from company owned life insurance loans, net | ||||||
- | - | - | - | 400 | 500 | |
Net transfers from AWI | ||||||
- | - | - | 55,600 | 5,300 | 42,100 | |
Net cash provided by financing activities | ||||||
-111,100 | 13,300 | 24,400 | 14,500 | 5,700 | 42,600 | |
Effect of exchange rate changes on cash and cash equivalents | ||||||
-200 | -1,600 | 1,600 | - | - | - | |
Effect of exchange rate changes on cash and cash equivalents | ||||||
- | - | - | -1,000 | 0 | 0 | |
Net increase in cash and cash equivalents | ||||||
-146,700 | 134,800 | 8,400 | 30,600 | 0 | -22,900 | |
Supplemental Cash Flow Disclosure: | ||||||
Amounts in accounts payable for capital expenditures | ||||||
5,600 | 8,500 | 7,800 | 12,900 | 3,700 | 10,400 | |
Interest Paid, Excluding Capitalized Interest, Operating Activities | ||||||
3,100 | 3,400 | 2,800 | - | - | - | |
Interest paid | ||||||
- | - | - | 1,500 | 0 | 0 | |
Income taxes (refunded) paid, net | ||||||
1,000 | -1,400 | -2,800 | 8,100 | 0 | 0 | |
Capital expenditures funded by capital lease borrowings | ||||||
- | - | - | 1,200 | 0 | 0 | |