| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Cash flows from (used in) operating activities: | ||||||
Net income (loss) | ||||||
-93,100 | 44,700 | 46,800 | -381,000 | 87,400 | 135,900 | 132,500 |
Less: Income (loss) from discontinued operations, net of tax | ||||||
-149,700 | 34,200 | 12,800 | - | - | - | - |
Income (loss) from continuing operations | ||||||
56,600 | 10,500 | 34,000 | - | - | - | - |
Adjustments to reconcile income (loss) from continuing operations to net cash from (used in) operating activities: | ||||||
Restructuring and other related charges | ||||||
9,300 | 7,600 | 12,900 | 60,100 | 42,600 | 14,200 | 16,000 |
Asset impairment charges | ||||||
11,200 | 14,400 | 4,900 | 461,900 | 22,700 | 11,700 | 4,700 |
Deferred income taxes | ||||||
11,400 | 9,400 | -30,800 | -102,000 | -25,400 | 22,400 | -10,300 |
Depreciation and amortization | ||||||
38,300 | 41,700 | 43,700 | 64,700 | 61,900 | 65,800 | 69,900 |
Stock-based compensation | ||||||
12,500 | 14,100 | 14,600 | 18,900 | 5,400 | 0 | 0 |
Pension and other employee benefits | ||||||
7,300 | 2,300 | 5,000 | 10,900 | 11,300 | 9,400 | 5,000 |
Loss on asset sales and other, net | ||||||
300 | -300 | 2,900 | 2,500 | 8,000 | 0 | 0 |
Gain on change in fair value of investment in equity security | ||||||
7,800 | 0 | 0 | - | - | - | - |
Loss on early extinguishment of debt | ||||||
- | - | - | -38,900 | 0 | 0 | - |
Changes in operating assets and liabilities, net of effects from discontinued operations: | ||||||
Accounts receivable and other assets | ||||||
-61,600 | 27,100 | -19,300 | -13,700 | -47,400 | -64,400 | -35,400 |
Contract assets and liabilities, net | ||||||
11,800 | -6,900 | -30,700 | -4,900 | - | - | - |
Inventories | ||||||
-10,100 | 30,200 | 3,200 | -18,400 | 2,500 | 9,600 | -13,100 |
Accounts payable, accrued expenses and other | ||||||
-60,000 | -10,700 | 17,700 | -110,000 | -14,900 | 2,000 | 11,400 |
Payment for Pension Benefits | ||||||
- | - | - | 65,900 | 0 | 0 | - |
Cash spending on restructuring actions | ||||||
8,300 | 11,200 | 30,900 | 58,900 | 14,300 | 13,600 | 14,400 |
Net cash from (used in) continuing operations | ||||||
130,100 | 28,000 | 115,000 | - | - | - | - |
Net cash from (used in) discontinued operations | ||||||
43,200 | 77,600 | 90,000 | - | - | - | - |
Net cash from (used in) operating activities | ||||||
173,300 | 105,600 | 205,000 | -27,900 | 213,600 | 302,600 | 263,300 |
Cash flows used in investing activity - | ||||||
Amounts advanced for related party notes receivable | ||||||
- | - | - | - | - | - | 743,300 |
Repayments of related party notes receivable | ||||||
- | - | - | - | - | - | 5,600 |
Proceeds from asset sales and other, net | ||||||
5,000 | 0 | 37,400 | 4,000 | 12,500 | 7,300 | 12,000 |
Increase in restricted cash | ||||||
- | - | - | - | 300 | 600 | 0 |
Other investments | ||||||
- | - | - | - | - | - | 2,900 |
Capital expenditures | ||||||
28,500 | 19,200 | 16,200 | 44,000 | 57,000 | 40,700 | 23,400 |
Net cash used in continuing operations | ||||||
-23,500 | -19,200 | 21,200 | - | - | - | - |
Net cash used in discontinued operations | ||||||
-7,500 | -6,300 | -3,200 | - | - | - | - |
Net cash used in investing activity | ||||||
-31,000 | -25,500 | 18,000 | -40,000 | -44,800 | -34,000 | -752,000 |
Cash flows used in financing activities: | ||||||
Borrowings under amended and restated senior credit facilities | ||||||
134,000 | 0 | 0 | 600,000 | 0 | 0 | - |
Repayments of amended and restated senior credit facilities | ||||||
34,000 | 0 | 0 | 636,400 | 0 | 0 | - |
Borrowings under former senior credit facilities | ||||||
33,000 | 78,800 | 125,500 | 423,000 | 534,000 | 0 | 0 |
Repayments of former senior credit facilities | ||||||
173,000 | 208,800 | 313,500 | 365,000 | 134,000 | 0 | 0 |
Borrowings under former trade receivables financing arrangement | ||||||
54,000 | 88,500 | 124,100 | 93,400 | 34,000 | 0 | 0 |
Repayments of former trade receivables financing arrangement | ||||||
54,000 | 88,500 | 145,300 | 72,200 | 34,000 | 0 | 0 |
Repayments of purchase card program, net | ||||||
2,600 | -1,100 | -4,000 | - | - | - | - |
Borrowings under related party notes payable | ||||||
- | - | - | - | - | - | 147,500 |
Repayments of related party notes payable | ||||||
- | - | - | - | 5,400 | 6,700 | 5,200 |
Borrowings under other financing arrangements | ||||||
200 | 4,100 | 4,600 | 13,500 | 6,100 | 5,700 | 3,100 |
Repayments of other financing arrangements | ||||||
2,900 | 3,200 | 12,500 | 14,600 | 7,000 | 3,900 | 20,300 |
Minimum withholdings paid on behalf of employees for net share settlements, net | ||||||
5,400 | 5,000 | 4,000 | 3,900 | 1,500 | 0 | 0 |
Financing fees paid | ||||||
3,300 | 0 | 0 | 15,500 | 6,200 | 0 | 0 |
Change in noncontrolling interests in subsidiary | ||||||
- | - | - | - | - | -800 | 1,900 |
Dividends paid to noncontrolling interests in subsidiary | ||||||
1,200 | 2,800 | 1,300 | 1,200 | 200 | 500 | 0 |
Net cash used in continuing operations | ||||||
-55,200 | -135,800 | -218,400 | - | - | - | - |
Net cash used in discontinued operations | ||||||
-600 | -500 | -200 | - | - | - | - |
Change in former parent company investment | ||||||
- | - | - | - | -453,900 | -291,600 | 261,300 |
Net cash used in financing activities | ||||||
-55,800 | -136,300 | -218,600 | 21,100 | -68,100 | -297,800 | 388,300 |
Change in cash, cash equivalents and restricted cash due to changes in foreign currency exchange rates | ||||||
2,600 | 5,600 | 44,400 | -34,000 | -21,400 | -12,000 | -4,800 |
Net change in cash, cash equivalents and restricted cash | ||||||
89,100 | -50,600 | 48,800 | -80,800 | 79,300 | -41,200 | -105,200 |
Supplemental disclosure of cash flow information: | ||||||
Interest paid | ||||||
42,700 | 49,900 | 62,600 | 57,400 | 5,800 | 3,700 | 4,300 |
Income taxes paid, net | ||||||
33,600 | 23,800 | 12,200 | 43,400 | 35,900 | 11,400 | 19,000 |
Non-cash investing and financing activity: | ||||||
Debt assumed | ||||||
400 | 500 | 0 | 7,700 | 622,400 | 0 | 0 |