| Dec'18 | Dec'17 | |||||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
Net loss | ||||||
13,743 | 33,226 | |||||
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Depreciation and amortization | ||||||
10,055 | 9,829 | |||||
Amortization of deferred financing costs | ||||||
1,243 | - | |||||
Provision for doubtful accounts | ||||||
18 | 18 | |||||
Allocation of Parent corporate overhead | ||||||
-11,731 | -11,666 | |||||
Deferred income taxes | ||||||
-1 | 3,350 | |||||
Changes in: | ||||||
Accounts receivable, net | ||||||
2,107 | 2,446 | |||||
Inventories | ||||||
6,966 | -8,163 | |||||
Prepaid expenses | ||||||
1,798 | 160 | |||||
Other current assets | ||||||
340 | -100 | |||||
Note receivable due from affiliate of Parent | ||||||
238 | 408 | |||||
Other noncurrent assets | ||||||
-652 | 5,354 | |||||
Accounts payable | ||||||
1,730 | 2,435 | |||||
Accounts payable - related parties | ||||||
-3,650 | 9,260 | |||||
Accrued expenses | ||||||
7,698 | -718 | |||||
Other current liabilities | ||||||
499 | -135 | |||||
Income taxes payable | ||||||
-84 | 1,063 | |||||
Deferred rent | ||||||
202 | 229 | |||||
Net cash provided (used in) by operating activities | ||||||
32,387 | 70,118 | |||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Capital expenditures | ||||||
4,983 | 2,683 | |||||
Net cash used in investing activities | ||||||
-4,983 | -2,683 | |||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Net distributions to Parent and its affiliates | ||||||
15,690 | 60,893 | |||||
Distributions to noncontrolling interest | ||||||
4,867 | 4,606 | |||||
Net cash provided by (used in) financing activities | ||||||
-20,557 | -65,499 | |||||
Effect of exchange rate changes on cash | ||||||
-216 | 124 | |||||
Net increase (decrease) in cash and cash equivalents | ||||||
6,631 | 2,060 | |||||
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | ||||||
Income taxes | ||||||
1,038 | 364 | |||||
Interest | ||||||
30,344 | - | |||||
Non-cash transactions: | ||||||
Vendor-financed purchase of fixed assets | ||||||
306 | - | |||||
Fixed assets transferred from Parent | ||||||
125 | - | |||||
Allocation of Parent corporate overhead | ||||||
-11,731 | -11,666 | |||||
Assignment and assumption of Parent long-term debt | ||||||
351,197 | - | |||||
Note receivable from affiliate of Parent forgiven by Parent | ||||||
6,841 | - | |||||
Write-off of income tax payable for separate return method | ||||||
1,174 | 1,033 | |||||