| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Jun'14 | |
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net loss | ||||||
-81,608 | -13,160 | -4,473 | -78,053 | -89,601 | - | |
Net loss attributable to common stock not subject to possible redemption | ||||||
- | - | - | - | - | -5,678 | |
Adjustments to reconcile net loss to net cash (used in) provided by operating activities: | ||||||
Depreciation | ||||||
24,606 | 28,356 | 26,260 | 31,120 | 31,160 | - | |
Amortization of intangible assets | ||||||
10,855 | 14,248 | 12,674 | 12,900 | 14,088 | - | |
Amortization of deferred financing costs and debt discount | ||||||
2,994 | 2,937 | 2,943 | 3,008 | 3,008 | - | |
Non-cash operating lease expense | ||||||
8,024 | 0 | 0 | - | - | - | |
Impairment charges | ||||||
20,597 | 0 | 0 | 63,285 | 94,126 | - | |
Equity income | ||||||
316 | 1,024 | 952 | 681 | 884 | - | |
Deferred income taxes | ||||||
-9,013 | -7,995 | -17,345 | -14,112 | -28,223 | - | |
Loss (gain) on disposals of property, plant and equipment - net | ||||||
-448 | 1,142 | 759 | -880 | -109 | - | |
Gain on extinguishment of debt | ||||||
0 | 0 | 2,201 | 0 | 0 | - | |
Non-cash impact of business divestitures and dissolutions | ||||||
12,858 | 0 | 7,798 | - | - | - | |
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | ||||||
- | - | - | 0 | 0 | - | |
Transaction fees on divestiture | ||||||
- | - | - | 0 | 0 | - | |
Dividends from joint venture | ||||||
728 | 833 | 0 | 2,068 | 0 | - | |
Share-based compensation | ||||||
3,354 | 2,709 | 1,119 | -752 | 7,969 | - | |
Net increase (decrease) in cash, net of acquisitions and dispositions, due to changes in: | ||||||
Accounts receivable | ||||||
-7,239 | -7,454 | -6,997 | 85 | -1,954 | - | |
Inventories | ||||||
-4,109 | -5,750 | -3,804 | -5,862 | -5,034 | - | |
Other current assets | ||||||
648 | -2,819 | -1,464 | -7,346 | 3,820 | - | |
Accounts payable | ||||||
-11,375 | -6,015 | -7,897 | 5,886 | -1,473 | - | |
Accrued compensation and employee benefits | ||||||
-4,409 | -2,710 | 5,946 | -5,449 | 4,169 | - | |
Accrued interest | ||||||
-9 | -187 | 98 | 117 | -121 | - | |
Prepaid insurance | ||||||
- | - | - | - | - | 64 | |
Due from affiliate | ||||||
- | - | - | - | - | -0 | |
Accrued income taxes | ||||||
312 | -1,221 | 473 | 2,263 | 487 | 28 | |
Operating lease liabilities, net | ||||||
-7,221 | - | - | - | - | - | |
Other - net | ||||||
2,325 | 1,895 | 5,858 | 507 | -1,052 | - | |
Total adjustments | ||||||
60,808 | 42,917 | 34,564 | 113,170 | 128,635 | - | |
Net cash (used in) provided by operating activities | ||||||
-20,800 | 29,757 | 30,091 | 35,117 | 39,034 | - | |
Cash flows from investing activities | ||||||
Proceeds from disposals of property, plant and equipment | ||||||
2,117 | 3,531 | 8,809 | 3,413 | 232 | - | |
Payments for property, plant and equipment | ||||||
11,785 | 13,753 | 15,873 | 19,780 | 32,786 | - | |
Proceeds from divestitures, net of cash divested and liabilities assumed by buyer | ||||||
79,796 | 0 | 7,883 | 0 | 0 | - | |
Acquisitions of business, net of cash acquired | ||||||
11,000 | 0 | 0 | - | 34,763 | - | |
Acquisitions of patents | ||||||
42 | 152 | 104 | 86 | 247 | - | |
Accrued expenses | ||||||
- | - | - | - | - | 3,847 | |
Net cash provided by (used in) investing activities | ||||||
- | - | - | - | - | -1,867 | |
Cash deposited in Trust Account | ||||||
- | - | - | - | - | -177,075 | |
Interest reinvested in Trust Account, net of withdrawals | ||||||
- | - | - | - | - | -1 | |
Net cash provided by (used in) investing activities | ||||||
59,086 | -10,374 | 715 | -16,453 | -67,564 | -177,076 | |
Cash flows from financing activities | ||||||
Payments of deferred financing costs | ||||||
331 | 649 | 0 | 0 | - | - | |
Payments of First and Second Lien term loans | ||||||
8,100 | 5,600 | 21,826 | 3,100 | 3,100 | - | |
Payments of 2013 U.S. term loan | ||||||
8,100 | 5,600 | 21,826 | 3,100 | 3,100 | - | |
Proceeds from other long-term debt | ||||||
4,645 | 3,387 | 8,596 | 10,150 | 19,282 | - | |
Payments of other long-term debt | ||||||
6,362 | 7,076 | 10,816 | 16,138 | 6,228 | - | |
Payments of finance lease obligation | ||||||
340 | 0 | 0 | - | - | - | |
Value added tax paid from building sale | ||||||
-707 | 694 | 0 | 0 | - | - | |
Payments of preferred stock dividends | ||||||
- | - | - | 3,600 | 3,600 | - | |
Other financing activities - net | ||||||
-627 | -22 | -232 | -155 | -1,148 | - | |
Net cash used in financing activities | ||||||
-11,822 | -9,266 | -24,278 | -12,843 | 5,206 | 178,998 | |
Effect of exchange rate changes on cash and cash equivalents | ||||||
-107 | -835 | 1,498 | -904 | -3,011 | - | |
Net increase in cash and cash equivalents | ||||||
26,357 | 9,282 | 8,026 | 4,917 | -26,335 | 54 | |
Proceeds from loan payable, affiliate | ||||||
- | - | - | - | - | 973 | |
Repayment of loan payable, affiliate | ||||||
- | - | - | - | - | 356 | |
Proceeds from preferred offering, shares not issued | ||||||
- | - | - | - | - | 45,000 | |
Due to preferred holders, held in escrow | ||||||
- | - | - | - | - | 45,000 | |
Proceeds from sale of common stock to initial stockholder | ||||||
- | - | - | - | - | 25 | |
Proceeds from sale of Units to public stockholders | ||||||
- | - | - | - | - | -172,500 | |
Proceeds from sale of placement units to initial stockholder | ||||||
- | - | - | - | - | 11,500 | |
Payment of costs of Public Offering | ||||||
- | - | - | - | - | -5,644 | |
Supplemental disclosure of cash flow information | ||||||
Interest | ||||||
30,121 | 30,687 | 30,242 | 28,717 | 28,969 | - | |
Income taxes, net of refunds | ||||||
3,440 | 6,480 | 6,843 | 7,163 | 4,349 | - | |
Acquisition-related transaction costs used in operating activities | ||||||
384 | 0 | 0 | - | - | - | |
Divestiture-related transaction costs used in operating activities | ||||||
4,091 | 0 | 932 | - | - | - | |
Non-cash lease activities: | ||||||
Right-of-use operating assets obtained in exchange for operating lease obligations | ||||||
3,341 | - | - | - | - | - | |
Right-of-use finance assets obtained in exchange for finance lease obligations | ||||||
536 | - | - | - | - | - | |
Non-cash investing activities | ||||||
Property, plant and equipment acquired through additional liabilities | ||||||
618 | 1,451 | 1,179 | 1,891 | 1,765 | - | |
Non-cash financing activities: | ||||||
Accretion of preferred stock dividends | ||||||
2 | 2 | 6 | 1 | 900 | - | |
Non-cash preferred stock created from dividends declared | ||||||
3 | 3 | 4 | 899 | 0 | - | |
Exchange of common stock of JPHI Holdings, Inc. for common stock of Jason Industries, Inc. | ||||||
0 | 0 | 62 | 0 | - | - | |
Exchange of preferred stock for common stock of Jason Industries, Inc. | ||||||
0 | 12,136 | 0 | 0 | - | - | |
Debt and pension liability assumed by buyer with divestitures | ||||||
2,206 | 0 | 2,950 | 0 | 0 | - | |
Deferred underwriters' compensation | ||||||
- | - | - | - | - | 5,175 | |
Accrual of deferred financing costs | ||||||
- | - | - | - | - | -661 | |
Accrued offering costs | ||||||
- | - | - | - | - | 0 | |
Shareholders' (Deficit) Equity Attributable to Jason Industries, Inc. | ||||||
Net loss | ||||||
- | - | - | -67,235 | - | - | |
Exchange of Stock, Amount Exchanged | ||||||
- | - | - | 2,147 | - | - | |