| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | |||||||||||
Net Income (Loss) Attributable to Parent | |||||||||||
-105,693 | 205,794 | 147,964 | 150,003 | 306,720 | 210,378 | -284,671 | -227,237 | 221,601 | 238,970 | 224,875 | 254,018 |
Adjustments to reconcile net loss to net cash provided by operating activities: | |||||||||||
Depreciation and amortization expense | |||||||||||
281,460 | 297,874 | 264,232 | 216,736 | 210,210 | 191,708 | 184,363 | 170,651 | 168,286 | 153,802 | 145,743 | 135,709 |
Amortization of unit-based compensation | |||||||||||
14,386 | 12,004 | 8,132 | - | - | - | - | - | - | - | - | - |
Unit-based compensation expense | |||||||||||
- | - | - | 7,579 | 0 | 0 | - | - | - | - | - | - |
Gain (Loss) on Disposition of Business | |||||||||||
- | - | - | 0 | - | - | - | - | - | - | - | - |
Amortization of debt related items | |||||||||||
5,209 | 7,388 | 6,147 | 7,477 | 8,840 | 8,969 | 4,329 | -7,016 | -12,392 | -7,767 | -7,122 | 6,447 |
Unusual or Infrequent Item, or Both, Net (Gain) Loss | |||||||||||
0 | -78,756 | 0 | - | - | - | - | - | - | - | - | - |
Loss (gain) from sale or disposition of assets | |||||||||||
-3,499 | -41,272 | -4,984 | -64 | 1,617 | 3,853 | 7,829 | -26,902 | 262 | 12,990 | 30,704 | 26,456 |
Gain associated with the Linden Acquisition | |||||||||||
- | - | - | - | 56,277 | 0 | 0 | - | - | - | - | - |
Asset and goodwill impairment losses | |||||||||||
336,800 | 0 | 0 | 58,655 | 0 | 4,201 | 406,982 | 271,778 | 0 | 0 | - | - |
Gain from insurance recoveries | |||||||||||
- | - | - | 0 | - | - | - | - | - | - | - | - |
Gain on legal settlement | |||||||||||
- | - | - | - | - | - | - | 28,738 | 0 | 0 | - | - |
Deferred income tax benefit | |||||||||||
-476 | 2,043 | 6 | -469 | 2,058 | 3,467 | -6,739 | 1,542 | 4,351 | -1,733 | -2,037 | 37 |
Changes in current assets and current liabilities (Note 11) | |||||||||||
44,765 | -78,262 | 26,493 | - | - | - | - | - | - | - | - | - |
Equity in earnings of joint ventures | |||||||||||
- | - | - | - | - | 4,796 | -39,970 | -9,378 | 11,458 | 10,500 | 9,615 | 8,030 |
Distributions of equity in earnings of joint ventures | |||||||||||
- | - | - | - | 2,500 | 7,587 | 7,956 | 6,364 | 14,374 | 9,625 | 9,700 | 2,835 |
Increase (Decrease) in Operating Capital | |||||||||||
- | - | - | -3,716 | -50,559 | -82,418 | -112,776 | -90,247 | 265,453 | 6,867 | 142,898 | -133,017 |
Decrease (increase) in other long-term assets | |||||||||||
-22,020 | 3,029 | -943 | -18,021 | - | - | - | - | - | - | - | - |
Increase in other long-term liabilities | |||||||||||
-1,407 | -17,832 | 2,414 | -23,408 | - | - | - | - | - | - | - | - |
Other, net | |||||||||||
2,314 | 813 | 1,530 | 1,613 | -1,944 | -18,444 | -28,082 | 14,668 | 24,579 | 40 | 7,360 | 498 |
Net cash provided by operating activities | |||||||||||
508,757 | 544,207 | 406,799 | 436,761 | 524,937 | 518,523 | 485,219 | 299,203 | 94,468 | 362,500 | 180,582 | 485,181 |
Cash flows from investing activities: | |||||||||||
Capital expenditures | |||||||||||
533,568 | 457,452 | 384,638 | 204,358 | 324,808 | 356,965 | 343,320 | 410,595 | 335,660 | 50,562 | 44,951 | 55,669 |
Change in accounts payable related to capital expenditures | |||||||||||
-12,731 | -7,683 | 36,903 | -11,063 | -3,156 | 4,903 | -5,384 | 0 | 0 | - | - | - |
East Coast Asphalt Operations acquisition | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 803,184 |
Acquisitions | |||||||||||
0 | 37,502 | 1,461,719 | 95,657 | 142,500 | 0 | 0 | 315,810 | 100,690 | 43,026 | 0 | 7,027 |
Proceeds from Axeon term loan | |||||||||||
0 | 0 | 110,000 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from insurance recoveries | |||||||||||
0 | 78,419 | 977 | 0 | 4,867 | 0 | 0 | - | - | 13,500 | 11,382 | 5,000 |
Proceeds from sale of European operations | |||||||||||
- | - | - | 0 | - | - | - | - | - | - | - | - |
Proceeds from sale or disposition of assets | |||||||||||
228,152 | 270,440 | 2,036 | 0 | 17,132 | 26,012 | 119,006 | 478,926 | 2,086 | 2,610 | 29,680 | 50,813 |
Strategic capital expenditures | |||||||||||
- | - | - | - | - | - | - | - | - | 219,268 | 163,605 | 146,474 |
Investments in other long-term assets | |||||||||||
- | - | - | - | 3,564 | 0 | 0 | 2,610 | 8,990 | 3,469 | 211 | 0 |
Proceeds from the San Antonio Refinery Sale | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | - | - |
Increase in note receivable from Axeon | |||||||||||
- | - | - | - | - | -13,328 | -80,961 | -95,711 | 0 | 0 | - | - |
Payments for (Proceeds from) Other Investing Activities | |||||||||||
1,100 | 0 | 0 | - | - | 853 | 302 | 0 | 0 | - | - | -24 |
Net cash (used in) provided by investing activities | |||||||||||
-319,247 | -153,778 | -1,696,441 | -311,078 | -452,029 | -340,231 | -310,961 | -345,800 | -443,254 | -300,215 | -167,705 | -956,517 |
Cash flows from financing activities: | |||||||||||
Proceeds from long-term debt borrowings | |||||||||||
659,300 | 1,254,153 | 1,465,767 | 752,729 | 860,131 | 743,719 | 1,738,451 | 2,549,145 | 915,749 | 899,365 | 1,159,436 | 2,108,775 |
Proceeds from short-term debt borrowings | |||||||||||
307,500 | 618,500 | 1,051,000 | 654,000 | 823,500 | 574,900 | 0 | 71,880 | 33,800 | 177,041 | 448,752 | 746,800 |
Proceeds from note offering, net of issuance costs | |||||||||||
491,580 | 0 | 543,333 | 0 | 0 | - | 686,863 | 247,398 | 0 | 445,431 | 0 | 346,224 |
Repayments of Long-term Debt | |||||||||||
928,900 | 1,746,776 | 1,417,539 | 772,152 | 500,410 | 623,770 | 2,150,743 | 2,648,475 | 768,150 | 1,204,313 | 1,190,247 | 2,025,784 |
Short-term debt repayments | |||||||||||
320,500 | 635,000 | 1,070,000 | 684,000 | 816,500 | 497,900 | 0 | 71,880 | 33,800 | 197,041 | 450,872 | 736,037 |
Proceeds from issuance of Series D preferred units | |||||||||||
0 | 590,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Payment of issuance costs for Series D preferred units | |||||||||||
0 | 34,203 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from issuance of other preferred units, net of issuance costs | |||||||||||
0 | 0 | 538,560 | 218,400 | 0 | 0 | - | - | - | - | - | - |
Proceeds from issuance of common units, net of issuance costs | |||||||||||
15,000 | 10,000 | 643,878 | 27,710 | 0 | 0 | - | 336,415 | 317,285 | 240,148 | 288,761 | 236,215 |
Contributions from general partner | |||||||||||
0 | 204 | 13,737 | 680 | 0 | 0 | - | 7,121 | 6,708 | 5,078 | 6,155 | 5,025 |
Distributions to preferred unitholders | |||||||||||
121,693 | 90,670 | 38,833 | 0 | 0 | - | - | - | - | - | - | - |
Distributions to common unitholders | |||||||||||
258,354 | 300,777 | 446,306 | 392,962 | 392,204 | 392,204 | 392,204 | 365,279 | 322,046 | 305,154 | 263,896 | 241,940 |
Cash consideration for Merger (Note 4) | |||||||||||
0 | 67,795 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from termination of interest rate swaps | |||||||||||
0 | 8,048 | 0 | 0 | - | - | -33,697 | -5,678 | 33,433 | 0 | 0 | - |
Payment of tax withholding for unit-based compensation | |||||||||||
8,771 | 2,083 | 2,838 | - | - | - | - | - | - | - | - | - |
Decrease in cash book overdrafts | |||||||||||
-3,752 | 2,935 | 1,736 | -11,237 | -2,954 | 12,851 | 2,851 | - | - | - | - | 945 |
Other, net | |||||||||||
-9,060 | -6,403 | -6,223 | -4,492 | -792 | -5,781 | -871 | -9,978 | 3,742 | -4,289 | -761 | -160 |
Net cash (used in) provided by financing activities | |||||||||||
-177,650 | -399,867 | 1,276,272 | -211,324 | -29,229 | -188,185 | -149,350 | 110,669 | 186,721 | 56,266 | -2,672 | 440,063 |
Effect of foreign exchange rate changes on cash | |||||||||||
-524 | -1,210 | 1,720 | 2,721 | -12,729 | -2,938 | -7,767 | 2,033 | -1,559 | 564 | 6,426 | -13,190 |
Net increase (decrease) in cash, cash equivalents and restricted cash | |||||||||||
11,336 | -10,648 | -11,650 | -82,920 | 30,950 | -12,831 | 17,141 | 66,105 | -163,624 | 119,115 | 16,631 | -44,463 |