| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net loss | ||||||||||
116,000 | -16,000 | 94,000 | 16,000 | -75,000 | -118,000 | -1,379,000 | -764,000 | -687,000 | -209,000 | -442,000 |
Adjustments to reconcile to net cash used in operating activities: | ||||||||||
Loss from discontinued operations, net of income taxes | ||||||||||
- | - | - | - | - | - | -76,000 | -57,000 | -152,000 | 17,000 | 285,000 |
Earnings from extraordinary items, net of income taxes | ||||||||||
- | - | - | - | - | - | - | - | - | 6,000 | 0 |
Depreciation and amortization | ||||||||||
55,000 | 73,000 | 80,000 | 105,000 | 145,000 | 199,000 | 242,000 | 273,000 | 345,000 | 427,000 | 500,000 |
Pension and other postretirement income | ||||||||||
-91,000 | -106,000 | -119,000 | -147,000 | -107,000 | -78,000 | - | - | - | - | - |
Change in fair value of embedded derivatives in the Series A Preferred Stock and Convertible Notes | ||||||||||
-42,000 | - | 47,000 | - | - | - | - | - | - | - | - |
Non-cash changes in workers' compensation and legal reserves | ||||||||||
-3,000 | 11,000 | - | - | - | - | - | - | - | - | - |
Non-cash changes in employee benefit reserves | ||||||||||
- | - | - | 8,000 | 25,000 | -6,000 | - | - | - | - | - |
Net gain on sales of assets | ||||||||||
201,000 | 13,000 | 8,000 | 9,000 | 4,000 | 23,000 | 18,000 | 80,000 | 8,000 | 100,000 | 14,000 |
Asset impairments | ||||||||||
6,000 | 13,000 | - | - | - | - | - | - | - | - | - |
Non-cash restructuring costs, asset impairments and other charges | ||||||||||
- | - | 89,000 | 20,000 | 9,000 | 13,000 | 34,000 | 17,000 | 635,000 | 28,000 | 801,000 |
Prosper asset remeasurement | ||||||||||
- | - | 12,000 | - | - | - | - | - | - | - | - |
Stock based compensation | ||||||||||
7,000 | 6,000 | 9,000 | 8,000 | 18,000 | 8,000 | - | - | - | - | - |
Loss on deconsolidation of RED | ||||||||||
- | - | - | -15,000 | - | - | - | - | - | - | - |
Gain on assets acquired for no monetary consideration | ||||||||||
- | - | - | - | 3,000 | - | - | - | - | - | - |
Foreign exchange loss from remeasurement of Venezuela monetary assets | ||||||||||
- | - | - | - | - | -16,000 | - | - | - | - | - |
Non-cash reorganization items, net | ||||||||||
- | - | - | - | - | - | 717,000 | - | - | - | - |
Payment of claims | ||||||||||
- | - | - | - | 10,000 | 2,000 | - | - | - | - | - |
Other non-cash reorganization items, net | ||||||||||
- | - | - | -7,000 | 4,000 | 8,000 | - | - | - | - | - |
Loss on early extinguishment of debt | ||||||||||
- | - | - | -4,000 | - | - | -7,000 | - | -102,000 | 0 | 0 |
Provision for deferred income taxes | ||||||||||
21,000 | 18,000 | -129,000 | 15,000 | 6,000 | 5,000 | -20,000 | 12,000 | -95,000 | -99,000 | 16,000 |
Decrease in trade receivables | ||||||||||
-21,000 | -12,000 | -11,000 | -25,000 | -21,000 | -143,000 | -213,000 | 12,000 | -134,000 | -359,000 | -148,000 |
Increase in inventories | ||||||||||
-11,000 | 9,000 | 4,000 | -16,000 | -12,000 | -4,000 | -27,000 | -103,000 | 68,000 | -280,000 | 20,000 |
Increase in trade payables | ||||||||||
25,000 | -31,000 | -14,000 | 13,000 | 3,000 | -64,000 | - | - | - | - | - |
Decrease in liabilities excluding borrowings and trade payables | ||||||||||
-10,000 | -31,000 | - | - | - | - | - | - | - | - | - |
Decrease in liabilities excluding borrowings and trade payables | ||||||||||
- | - | -37,000 | -74,000 | -104,000 | -249,000 | -154,000 | -524,000 | -580,000 | -821,000 | -720,000 |
Other items, net | ||||||||||
-7,000 | -33,000 | 4,000 | 7,000 | -15,000 | -4,000 | 46,000 | 48,000 | 211,000 | -22,000 | 112,000 |
Total adjustments | ||||||||||
-104,000 | -46,000 | -161,000 | -31,000 | -20,000 | -10,000 | 1,078,000 | -202,000 | 406,000 | 73,000 | 314,000 |
Net cash used in continuing operations | ||||||||||
- | - | - | - | - | - | -301,000 | -966,000 | -281,000 | -136,000 | -128,000 |
Net cash (used in) provided by discontinued operations | ||||||||||
- | - | - | - | - | - | 39,000 | -32,000 | 62,000 | 0 | 296,000 |
Net cash used in operating activities | ||||||||||
12,000 | -62,000 | -67,000 | -15,000 | -95,000 | -128,000 | -262,000 | -998,000 | -219,000 | -136,000 | 168,000 |
Cash flows from investing activities: | ||||||||||
Additions to properties | ||||||||||
15,000 | 33,000 | 38,000 | 41,000 | 43,000 | 43,000 | 69,000 | 128,000 | 149,000 | 152,000 | 254,000 |
Net proceeds from sales of businesses/assets, net | ||||||||||
326,000 | 11,000 | 13,000 | 13,000 | 2,000 | 18,000 | - | - | - | - | - |
Business acquisitions, net of cash acquired | ||||||||||
- | - | - | - | - | - | - | 27,000 | - | 17,000 | 38,000 |
(Funding) use of restricted cash and investment accounts | ||||||||||
- | - | - | - | - | - | - | 22,000 | -1,000 | 12,000 | 0 |
Proceeds from sales of marketable securities | ||||||||||
- | - | 1,000 | 2,000 | - | - | 95,000 | 83,000 | 74,000 | 39,000 | 162,000 |
Proceeds from sales of businesses/assets | ||||||||||
- | - | - | - | - | - | 63,000 | 87,000 | 32,000 | 156,000 | 92,000 |
Release (funding) of restricted cash | ||||||||||
- | - | - | - | - | -68,000 | - | - | - | - | - |
Reduction in cash due to deconsolidation of RED | ||||||||||
- | - | - | 3,000 | - | - | - | - | - | - | - |
Marketable securities purchases | ||||||||||
- | - | - | - | - | 2,000 | 91,000 | 84,000 | 70,000 | 36,000 | 150,000 |
Net cash provided by (used in) continuing operations | ||||||||||
- | - | - | - | - | - | -2,000 | -91,000 | -112,000 | - | - |
Net cash (used in) provided by discontinued operations | ||||||||||
- | - | - | - | - | - | 27,000 | 66,000 | - | - | - |
Net cash used in investing activities | ||||||||||
311,000 | -22,000 | -24,000 | -29,000 | -41,000 | 41,000 | 25,000 | -25,000 | -112,000 | -22,000 | -188,000 |
Cash flows from financing activities: | ||||||||||
Net proceeds from the issuance of preferred stock | ||||||||||
- | - | - | 198,000 | - | - | - | - | - | - | - |
Payment of contingent consideration related to the sale of a business | ||||||||||
- | - | - | 4,000 | - | - | - | - | - | - | - |
Repayment of finance leases | ||||||||||
2,000 | 3,000 | 4,000 | - | - | - | - | - | - | - | - |
Income taxes (1) | ||||||||||
- | - | - | - | - | - | 55,000 | 78,000 | 197,000 | 225,000 | 145,000 |
Pension and other postretirement benefits liability adjustments | ||||||||||
- | - | - | - | - | - | -60,000 | 541,000 | 451,000 | - | - |
Pension and other postretirement benefits liability adjustments | ||||||||||
- | - | - | - | - | - | - | - | - | -1,027,000 | -1,105,000 |
Liabilities assumed in acquisitions | ||||||||||
- | - | - | - | - | - | - | 9,000 | - | 4,000 | - |
Repayment of emergence credit facilities | ||||||||||
- | - | 7,000 | - | - | - | - | - | - | - | - |
Repayment of emergence credit facilities | ||||||||||
- | - | - | 282,000 | 4,000 | 4,000 | - | - | - | - | - |
Preferred stock dividend payments | ||||||||||
3,000 | 8,000 | 10,000 | - | - | - | - | - | - | - | - |
Repayment of emergence credit facilities | ||||||||||
395,000 | - | - | - | - | - | - | - | - | - | - |
Proceeds from issuance of convertible notes | ||||||||||
98,000 | - | - | - | - | - | - | - | - | - | - |
Proceeds from VIE credit facility | ||||||||||
- | - | - | - | - | - | 686,000 | - | - | - | - |
Treasury stock purchases | ||||||||||
- | - | 1,000 | 3,000 | 1,000 | 1,000 | - | - | - | - | 301,000 |
Equity transactions of noncontrolling interests | ||||||||||
- | - | - | 15,000 | -1,000 | -3,000 | - | - | - | - | - |
Net proceeds of other borrowings | ||||||||||
- | - | - | - | 5,000 | 1,000 | - | - | - | - | - |
Proceeds from sale leaseback transactions | ||||||||||
- | - | - | 4,000 | - | - | - | - | - | - | - |
Proceeds from other borrowings | ||||||||||
14,000 | - | - | - | - | - | - | - | - | - | - |
Payment of contingent consideration related to the sale of a business | ||||||||||
10,000 | - | 7,000 | - | - | - | - | - | - | - | - |
Proceeds from other borrowings | ||||||||||
- | - | - | - | - | - | - | 412,000 | 503,000 | 712,000 | 140,000 |
Repayment of other borrowings | ||||||||||
- | - | - | - | - | - | 178,000 | 160,000 | 565,000 | 649,000 | 446,000 |
Reorganization items | ||||||||||
- | - | - | - | - | - | -41,000 | - | - | - | - |
Debt issuance costs | ||||||||||
- | - | - | - | - | - | - | 6,000 | 12,000 | 30,000 | 0 |
Proceeds from sale and leaseback transaction | ||||||||||
- | - | - | - | - | - | 41,000 | - | - | - | - |
Dvidends to shareholders | ||||||||||
- | - | - | - | - | - | - | - | - | - | 139,000 |
Net cash (used in) provided by financing activities | ||||||||||
-298,000 | -11,000 | -29,000 | -72,000 | -1,000 | -7,000 | 508,000 | 246,000 | -74,000 | 33,000 | -746,000 |
Effect of exchange rate changes on cash | ||||||||||
- | - | - | - | - | -38,000 | 3,000 | 14,000 | 5,000 | 4,000 | -36,000 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||||||
-2,000 | -7,000 | 11,000 | -6,000 | -21,000 | - | - | - | - | - | - |
Net decrease in cash, cash equivalents and restricted cash | ||||||||||
- | - | -109,000 | - | - | - | - | - | - | - | - |
Net decrease in cash, cash equivalents, restricted cash and cash in assets held for sale | ||||||||||
23,000 | -102,000 | - | -122,000 | -158,000 | - | - | - | - | - | - |
Net decrease in cash and cash equivalents | ||||||||||
- | - | - | - | - | -132,000 | 274,000 | -763,000 | -400,000 | -121,000 | -802,000 |
Cash paid for interest and income taxes was: | ||||||||||
Interest, net of portion capitalized of $0 and $1 as of December 31, 2019 and 2018, respectively | ||||||||||
21,000 | 28,000 | 31,000 | 58,000 | 60,000 | 65,000 | 63,000 | 126,000 | 115,000 | 70,000 | 85,000 |
Income taxes (net of refunds) | ||||||||||
17,000 | -9,000 | 18,000 | 24,000 | 12,000 | 14,000 | - | - | - | - | - |
Liabilities assumed in acquisitions | ||||||||||
- | - | - | - | - | - | - | - | - | - | 2,000 |
Issuance of unvested stock, net of forfeitures | ||||||||||
- | - | - | - | - | - | - | 1,000 | - | 0 | 1,000 |