| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-129,039 | -724,857 | -379,015 | -115,082 | 19,337 | -26,162 | 174,816 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Depreciation and amortization of long-lived assets | ||||||
23,605 | 32,003 | 40,138 | 39,583 | 34,932 | 32,436 | 23,030 |
Amortization of deferred financing costs, debt discount and payment-in-kind interest | ||||||
61,181 | 25,727 | 6,407 | 1,244 | 622 | 0 | - |
Non-cash operating lease expense | ||||||
5,356 | 0 | - | - | - | - | - |
Loss (gain) on sale of business | ||||||
-3,601 | 33,919 | - | - | - | - | - |
Gain on sale of business, net | ||||||
- | - | 1,064 | 0 | - | - | - |
Gain (Loss) on Extinguishment of Debt | ||||||
-3,969 | -49,241 | 0 | 0 | - | - | - |
Goodwill impairment of discontinued operations | ||||||
0 | 72,309 | 0 | 0 | - | - | - |
Goodwill and other intangible asset impairment | ||||||
- | - | 86,903 | 0 | - | - | - |
Goodwill and other intangible asset impairment | ||||||
0 | 40,046 | - | - | 0 | - | - |
Income from equity method investees | ||||||
0 | 6,758 | 8,326 | 16,440 | -242 | -8,743 | -1,995 |
Other-than-temporary impairment of equity method investment in TBWES | ||||||
0 | 18,362 | 18,193 | 0 | - | - | - |
Other than temporary impairment of equity method investment in TBWES | ||||||
- | - | - | - | 0 | - | - |
Gains on asset disposals | ||||||
3,940 | -1,313 | -1,871 | -14,938 | -16,881 | -5,989 | -2,580 |
Write-off of accrued claims receivable, net | ||||||
- | - | - | - | 7,832 | 0 | - |
Benefit from deferred income taxes, including valuation allowances | ||||||
-855 | 98,060 | 50,304 | -9,000 | -32,121 | - | - |
Write-off of accrued claims receivable | ||||||
- | - | - | - | - | - | 0 |
Provision for (benefit from) deferred taxes | ||||||
- | - | - | - | - | -42,023 | 56,107 |
Mark to market (gains) losses and prior service cost amortization for pension and postretirement plans | ||||||
10,661 | -63,511 | 11,608 | -36,346 | -40,611 | -101,792 | 91,358 |
Stock-based compensation, net of associated income taxes | ||||||
3,084 | 2,254 | 11,813 | 16,129 | 7,773 | -11 | - |
Stock-based compensation and thrift plan expense | ||||||
- | - | - | - | - | - | -172 |
Changes in assets and liabilities: | ||||||
Accounts receivable | ||||||
-63,914 | -80,376 | -9,414 | -46,755 | 54,807 | 13,797 | -4,898 |
Dividends from equity method investees | ||||||
0 | 890 | 50,134 | 12,160 | 20,830 | - | - |
Accrued insurance receivable | ||||||
0 | 12,300 | - | - | - | - | - |
Contracts in progress | ||||||
-48,492 | 6,301 | - | - | - | - | - |
Advance billings on contracts | ||||||
71,268 | 22,343 | - | - | - | - | - |
Accrued insurance receivable | ||||||
0 | 12,300 | 0 | -15,000 | 0 | - | - |
Accrued insurance receivable | ||||||
- | - | - | - | - | 0 | - |
Contracts in progress and advance billings on contracts | ||||||
- | - | 24,001 | 13,259 | -62,971 | 8,860 | 97,360 |
Inventories | ||||||
4,141 | -10,337 | -11,874 | -2,869 | -6,060 | 99,192 | -10,769 |
Income taxes | ||||||
1,273 | -5,342 | 26,618 | 22,593 | 9,275 | 4,309 | -23,309 |
Accounts payable | ||||||
-80,459 | -4,360 | -14,664 | 4,542 | 17,863 | 10,123 | -13,354 |
Accrued and other current liabilities | ||||||
-23,101 | 38,734 | -30,049 | 5,959 | 11,464 | 9,660 | -22,520 |
Accrued contract loss | ||||||
-50,654 | 21,531 | - | - | - | - | - |
Accrued contract losses | ||||||
- | - | 40,634 | - | - | - | - |
Pension liabilities, accrued postretirement benefits and employee benefits | ||||||
16,346 | 38,976 | 44,584 | 46,973 | 2,336 | 17,259 | 20,053 |
Other, net | ||||||
328 | 6,023 | 7,790 | 4,242 | -2,970 | -10,028 | -10,331 |
Net cash used in operating activities | ||||||
-176,317 | -281,885 | -189,833 | 2,273 | - | - | - |
Net cash from operating activities | ||||||
- | - | - | - | 170,399 | -24,224 | 16,400 |
Cash flows from investing activities: | ||||||
Purchase of property, plant and equipment | ||||||
3,804 | 5,473 | 14,278 | 22,450 | 35,397 | 15,475 | 11,588 |
Payments to Acquire Businesses, Net of Cash Acquired | ||||||
- | - | 52,547 | 144,780 | 0 | 127,705 | 0 |
Proceeds from sale of business | ||||||
7,445 | 155,016 | 0 | 0 | - | - | - |
Proceeds from sale of equity method investments in joint venture | ||||||
0 | 28,764 | 0 | 17,995 | - | - | - |
Decrease in restricted cash and cash equivalents | ||||||
- | - | - | - | -6,298 | 5,646 | -11,419 |
Proceeds from Sale of Equity Method Investments | ||||||
- | - | - | - | - | 0 | - |
Payments to Acquire Assets, Investing Activities | ||||||
- | - | 0 | 26,256 | 7,424 | 4,900 | 6,884 |
Purchases of available-for-sale securities | ||||||
8,914 | 34,836 | 29,252 | 45,217 | - | - | - |
Purchases of available-for-sale securities | ||||||
- | - | - | - | 14,008 | 4,450 | 11,111 |
Sales and maturities of available-for-sale securities | ||||||
11,547 | 35,220 | 31,435 | 29,846 | 5,266 | 10,118 | 3,973 |
Other, net | ||||||
-2,505 | -534 | -708 | -646 | 587 | 573 | - |
Net cash used in investing activities | ||||||
8,779 | 179,225 | -63,934 | -190,216 | - | - | - |
Proceeds from asset disposals | ||||||
- | - | - | - | - | - | 507 |
Net cash from investing activities | ||||||
- | - | - | - | -45,852 | -148,631 | -13,684 |
Cash flows from financing activities: | ||||||
Common Stock Repurchase from Related Party | ||||||
- | - | - | - | 0 | - | - |
Net transfers from our former Parent | ||||||
- | - | - | - | 80,589 | 213,137 | 47,445 |
Shares of our common stock returned to treasury stock | ||||||
117 | 805 | 967 | 78,410 | 25,408 | 0 | 0 |
Common stock repurchase from related party | ||||||
- | - | 16,674 | 0 | - | - | - |
Proceeds From Rights Offering, Net | ||||||
40,376 | 247,132 | 0 | 0 | - | - | - |
Payments Of Rights Offering Direct Costs | ||||||
832 | 3,286 | 0 | 0 | - | - | - |
Payment of short-term borrowings and long-term debt | ||||||
- | - | - | - | - | - | 212 |
Debt issuance costs | ||||||
16,619 | 22,360 | 15,002 | 0 | - | 2,967 | -484 |
Issuance of common stock | ||||||
1,392 | 1,243 | 0 | 0 | - | - | - |
Debt issuance costs | ||||||
- | - | - | - | 0 | - | - |
Excess tax benefits from stock-based compensation | ||||||
- | - | - | - | - | - | 172 |
Other, net | ||||||
-261 | 0 | -1,082 | -246 | -491 | 100 | -114 |
Net cash from financing activities | ||||||
167,018 | 82,612 | 206,125 | -83,430 | - | - | - |
Effects of exchange rate changes on cash | ||||||
-2,818 | -2,320 | 6,632 | -7,306 | - | - | - |
Net decrease in cash, cash equivalents and restricted cash | ||||||
-3,338 | -22,368 | - | - | - | - | - |
Net cash from financing activities | ||||||
- | - | - | - | 53,610 | 211,666 | 47,775 |
Effects of exchange rate changes on cash | ||||||
- | - | - | - | -6,407 | -12,573 | -4,024 |
Net decrease in cash, cash equivalents and restricted cash | ||||||
- | - | - | - | 146,533 | 27,341 | 15,782 |
Cash flow from continuing operations | ||||||
- | - | - | - | 171,750 | 26,238 | 46,467 |
Operating cash flows from discontinued operations, net | ||||||
- | - | - | - | -25,194 | -191 | -28,723 |
Investing cash flows from discontinued operations, net | ||||||
- | - | - | - | -23 | -1,729 | -4,974 |
Effect of exchange rate changes on cash | ||||||
- | - | - | - | - | 3,023 | - |
Effects of exchange rate changes on cash | ||||||
- | - | - | - | - | - | 3,012 |
Less net increase in cash and cash equivalents of discontinued operations | ||||||
0 | 12,950 | 4,489 | 8,461 | -25,217 | 1,103 | -30,685 |
Net decrease in cash, cash equivalents and restricted cash | ||||||
-3,338 | -9,418 | - | - | - | - | - |
Net decrease in cash, cash equivalents and restricted cash of continuing operations | ||||||
- | - | -45,499 | -287,140 | - | - | - |
Accounting Standards Update 2014-09 | ||||||
Accrued contract losses | ||||||
- | - | 17,599 | 19,151 | - | - | - |
U.S. Revolving Credit Facility | ||||||
Borrowings under credit facilities | ||||||
291,600 | 565,200 | 629,722 | 205,600 | - | - | - |
Repayments of lines of credit | ||||||
257,500 | 514,600 | 545,222 | 195,800 | - | - | - |
Last Out Term Loan Tranche A-1 | ||||||
Borrowings under credit facilities | ||||||
0 | 30,000 | - | - | - | - | - |
Last Out Term Loan Tranche A-2 | ||||||
Borrowings under credit facilities | ||||||
10,000 | 0 | - | - | - | - | - |
Repayments of lines of credit | ||||||
10,309 | 0 | - | - | - | - | - |
Last Out Term Loan Tranche A-3 | ||||||
Borrowings under credit facilities | ||||||
141,350 | 0 | - | - | - | - | - |
Repayments of lines of credit | ||||||
31,457 | 0 | - | - | - | - | - |
Second Lien Term Loan Facility | ||||||
Borrowings under credit facilities | ||||||
- | - | 161,674 | 0 | - | - | - |
Repayments of lines of credit | ||||||
0 | 212,590 | 0 | 0 | - | - | - |
Foreign Revolvers | ||||||
Borrowings under credit facilities | ||||||
- | - | 273 | 5,674 | - | - | - |
Repayments of lines of credit | ||||||
605 | 7,322 | 6,597 | 20,248 | - | - | - |
Last Out Term Loans - cash interest | ||||||
Borrowings under our last out term loan from related party | ||||||
- | - | 0 | 0 | - | - | - |