| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Operating Activities: | ||||||
Net income (loss) | ||||||
-170,000 | -157,000 | 144,000 | -77,000 | -352,000 | -162,000 | |
Income from discontinued operations, net of tax | ||||||
0 | 0 | 8,000 | 8,000 | 10,000 | 9,000 | |
Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
110,000 | 132,000 | 127,000 | 114,000 | 100,000 | 87,000 | |
Deferred income taxes | ||||||
143,000 | -19,000 | 19,000 | -14,000 | -28,000 | -23,000 | |
Loss on disposal of assets | ||||||
0 | 0 | -1,000 | 22,000 | -1,000 | - | |
Noncash restructuring and impairment charges | ||||||
8,000 | 591,000 | 7,000 | 10,000 | 104,000 | - | |
Gain on disposal of businesses/assets, net | ||||||
- | - | - | - | - | 1,000 | |
Insurance proceeds for business interruption, net of gain on recovery | ||||||
0 | 0 | 21,000 | 0 | - | - | |
Noncash interest | ||||||
3,000 | 1,000 | 18,000 | 44,000 | 33,000 | 1,000 | |
Noncash loss on foreign currency transactions | ||||||
-4,000 | 6,000 | -1,000 | 9,000 | 4,000 | 1,000 | |
Other, net | ||||||
-2,000 | -9,000 | -13,000 | -1,000 | -1,000 | 1,000 | |
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
-22,000 | -25,000 | 24,000 | 12,000 | -34,000 | -35,000 | |
Inventories | ||||||
-21,000 | 103,000 | -8,000 | -106,000 | -94,000 | 6,000 | |
Prepaid expenses | ||||||
1,000 | 1,000 | 2,000 | -1,000 | 42,000 | 1,000 | |
Other current assets | ||||||
3,000 | 13,000 | 1,000 | 4,000 | -10,000 | 3,000 | |
Other noncurrent assets | ||||||
33,000 | 49,000 | -9,000 | 9,000 | -2,000 | 9,000 | |
Accounts payable | ||||||
-29,000 | -27,000 | 51,000 | 17,000 | 5,000 | 29,000 | |
Accrued liabilities | ||||||
-12,000 | -96,000 | 13,000 | -40,000 | 29,000 | 42,000 | |
Other noncurrent liabilities | ||||||
-32,000 | -5,000 | -60,000 | -18,000 | -34,000 | -49,000 | |
Net cash provided by operating activities from continuing operations | ||||||
33,000 | 282,000 | 337,000 | 80,000 | -57,000 | -71,000 | |
Net cash provided by operating activities from discontinued operations | ||||||
0 | 0 | 1,000 | 17,000 | -6,000 | 8,000 | |
Net cash used in operating activities | ||||||
33,000 | 282,000 | 338,000 | 97,000 | -63,000 | -63,000 | |
Investing Activities: | ||||||
Capital expenditures | ||||||
152,000 | 326,000 | 197,000 | 103,000 | 203,000 | 136,000 | |
Insurance proceeds for recovery of property damage | ||||||
0 | 0 | 76,000 | 0 | - | - | |
Cash received from unconsolidated affiliates | ||||||
41,000 | 34,000 | 44,000 | 32,000 | 48,000 | 48,000 | |
Investment in unconsolidated affiliates | ||||||
50,000 | 30,000 | 50,000 | 29,000 | 42,000 | 37,000 | |
Cash received from notes receivable | ||||||
12,000 | 0 | 0 | - | - | - | |
Repayment of government grant | ||||||
0 | 0 | 5,000 | 0 | - | - | |
Net payments from affiliates | ||||||
0 | 0 | 121,000 | -5,000 | 97,000 | 100,000 | |
Other, net | ||||||
1,000 | -1,000 | 0 | - | - | - | |
Proceeds from sale of businesses/assets | ||||||
- | - | - | 9,000 | - | 1,000 | |
Net cash used in investing activities from continuing operations | ||||||
-150,000 | -321,000 | -11,000 | -96,000 | -100,000 | 52,000 | |
Net cash used in investing activities from discontinued operations | ||||||
0 | 0 | -1,000 | -22,000 | -39,000 | -23,000 | |
Net cash used in investing activities | ||||||
-150,000 | -321,000 | -12,000 | -118,000 | -139,000 | 29,000 | |
Financing Activities: | ||||||
Net proceeds from short-term debt | ||||||
-2,000 | 0 | 1,000 | - | - | - | |
Net payments on notes payable | ||||||
7,000 | -6,000 | 0 | - | - | - | |
Principal payments on long-term debt | ||||||
6,000 | 4,000 | 12,000 | 2,000 | 2,000 | - | |
Proceeds from issuance of long-term debt | ||||||
0 | 0 | 750,000 | 0 | - | - | |
Proceeds from the termination of cross-currency swap contracts | ||||||
15,000 | 0 | 0 | - | - | - | |
Dividends paid to noncontrolling interests | ||||||
6,000 | 8,000 | 12,000 | 14,000 | 8,000 | - | |
Proceeds from short-term debt | ||||||
- | - | - | 1,000 | 1,000 | - | |
Net repayments from affiliate accounts payable | ||||||
0 | 0 | -100,000 | 47,000 | 194,000 | - | |
Payments on notes payable | ||||||
- | - | - | 0 | - | - | |
Final settlement of affiliate balances at separation | ||||||
0 | 0 | 732,000 | 0 | - | - | |
Debt issuance costs paid | ||||||
1,000 | 0 | 18,000 | 0 | - | - | |
Net cash provided by (used in) financing activities from continuing operations | ||||||
7,000 | -18,000 | -123,000 | 32,000 | 185,000 | - | |
Net cash used in financing activities from discontinued operations | ||||||
0 | 0 | 0 | -2,000 | 9,000 | - | |
Net cash provided by (used in) financing activities | ||||||
7,000 | -18,000 | -123,000 | 30,000 | 194,000 | 52,000 | |
Effect of exchange rate changes on cash | ||||||
0 | -16,000 | 5,000 | - | - | - | |
Effect of exchange rate changes on cash | ||||||
- | - | - | -1,000 | -3,000 | -2,000 | |
Net change in cash and cash equivalents | ||||||
-110,000 | -73,000 | 208,000 | 8,000 | -11,000 | 16,000 | |
Supplemental cash flow information: | ||||||
Cash paid for interest | ||||||
41,000 | 46,000 | 28,000 | 5,000 | 4,000 | 5,000 | |
Cash paid for income taxes | ||||||
8,000 | 34,000 | 21,000 | 7,000 | 8,000 | -2,000 | |
Supplemental disclosure of noncash activities: | ||||||
Capital expenditures included in accounts payable as of March 31, 2020 and 2019, respectively | ||||||
46,000 | 70,000 | 39,000 | 21,000 | 25,000 | 36,000 | |
Received noncash settlements of notes receivable from affiliates | ||||||
0 | 0 | 57,000 | 270,000 | 256,000 | 244,000 | |
Settled noncash long-term debt to affiliates | ||||||
0 | 0 | 792,000 | 145,000 | 39,000 | - | |