| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net Loss | ||||||
-72,900 | 258,400 | 200,700 | -188,500 | |||
Adjustments to reconcile net (loss) income to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
90,000 | 84,700 | 86,600 | 112,600 | |||
Stock-based compensation | ||||||
15,400 | 15,200 | - | - | |||
Amortization of debt discounts and issuance costs | ||||||
1,800 | 2,500 | 3,900 | 3,800 | |||
Impairment of assets | ||||||
9,700 | - | - | 7,000 | |||
Gain on disposal of assets, net | ||||||
1,400 | 100 | 1,400 | -1,000 | |||
Gain on extinguishment of debt, net | ||||||
1,200 | -9,800 | -1,400 | 53,700 | |||
Non-cash provision for supply commitment charges | ||||||
58,500 | 19,200 | 1,200 | - | |||
Cash paid to settle supply commitment charges | ||||||
17,600 | 5,300 | 1,800 | - | |||
Gain sale of equity interest in joint venture affiliate | ||||||
7,000 | - | - | - | |||
Inventory write-down | ||||||
1,400 | - | - | - | |||
Gain on insurance recoveries | ||||||
- | - | 2,900 | 15,100 | |||
Other non-cash items | ||||||
-4,700 | 1,600 | -500 | -2,000 | |||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
-79,000 | -72,700 | 154,900 | -24,000 | |||
Accounts receivable from related parties | ||||||
- | -3,000 | 2,900 | -3,400 | |||
Inventories | ||||||
-19,000 | 22,600 | 20,100 | -5,300 | |||
Prepaid expenses and other assets | ||||||
1,500 | -2,800 | 4,400 | -2,600 | |||
Accounts payable | ||||||
-47,300 | -41,600 | 65,800 | 2,800 | |||
Accrued expenses and other liabilities | ||||||
-6,700 | -12,300 | 8,300 | -17,000 | |||
Net cash provided by operating activities | ||||||
123,900 | 384,800 | 180,000 | -109,800 | |||
Cash flows from investing activities | ||||||
Capital expenditures | ||||||
54,400 | 100,500 | 64,000 | 10,300 | |||
Proceeds from disposal of assets | ||||||
3,300 | 1,900 | 4,100 | 31,500 | |||
Proceeds from sale of equity interest interest in joint venture affiliate | ||||||
30,700 | - | - | - | |||
Proceeds from insurance recoveries | ||||||
- | - | 4,200 | 19,000 | |||
Other | ||||||
- | - | -1,100 | - | |||
Net cash used in investing activities | ||||||
-20,400 | -98,600 | -54,600 | 40,200 | |||
Cash flows from financing activities | ||||||
Repayments of long-term debt | ||||||
46,400 | 625,100 | 77,600 | 37,600 | |||
Repurchases of common stock | ||||||
9,900 | - | - | - | |||
Taxes paid related to net share settlement of equity awards | ||||||
2,000 | 1,100 | - | - | |||
Net proceeds from issuance of common stock | ||||||
- | 303,000 | - | - | |||
Payments of revolving credit facility issuance costs | ||||||
- | 2,400 | - | - | |||
Net cash used in financing activities | ||||||
-58,300 | -325,600 | -77,600 | -37,600 | |||
Net decrease in cash and cash equivalents | ||||||
45,200 | -39,400 | 47,800 | -107,200 | |||
Supplemental cash flow information: | ||||||
Interest paid | ||||||
31,000 | 48,100 | 83,200 | 84,200 | |||
Income tax payments, net | ||||||
2,500 | 2,300 | - | - | |||
Noncash investing and financing activities: | ||||||
Capital expenditures included in accounts payable | ||||||
900 | 4,000 | 13,600 | 1,200 | |||
Operating lease liabilities incurred from obtaining right-of-use assets | ||||||
11,000 | - | - | - | |||
Operating lease liabilities and right-of-use assets derecognized due to lease terminations | ||||||
3,200 | - | - | - | |||