| Mar'20 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 |
|---|---|---|---|---|---|---|---|---|---|
Operating Activities: | |||||||||
Net income (loss) | |||||||||
8,000 | -2,000 | -69,000 | -366,000 | 198,000 | 80,000 | 70,000 | 53,000 | 34,000 | -13,000 |
Income from discontinued operations, net of tax | |||||||||
- | - | - | - | 0 | 0 | 0 | 0 | 0 | 8,000 |
Adjustments to reconcile net income (loss) to net cash used in operating activities: | |||||||||
Depreciation and amortization | |||||||||
28,000 | 26,000 | 30,000 | 33,000 | 35,000 | 34,000 | 32,000 | 36,000 | 29,000 | 30,000 |
Deferred income taxes | |||||||||
-3,000 | -1,000 | -13,000 | -34,000 | 19,000 | 9,000 | 21,000 | -3,000 | 8,000 | -7,000 |
Noncash restructuring and impairment charges | |||||||||
1,000 | 4,000 | 52,000 | 406,000 | 130,000 | 3,000 | 0 | 1,000 | 3,000 | 3,000 |
Insurance proceeds for business interruption, net of gain on recovery | |||||||||
- | - | - | - | - | 19,000 | - | - | - | 0 |
Noncash interest | |||||||||
- | - | - | - | 1,000 | 0 | 0 | -2,000 | 10,000 | 10,000 |
Noncash loss on foreign currency transactions | |||||||||
-1,000 | -4,000 | 2,000 | 1,000 | -1,000 | 4,000 | 0 | 5,000 | 1,000 | -7,000 |
Other, net | |||||||||
-4,000 | -4,000 | -2,000 | -3,000 | -2,000 | -2,000 | -11,000 | 2,000 | -6,000 | 2,000 |
Changes in operating assets and liabilities: | |||||||||
Accounts receivable | |||||||||
62,000 | 61,000 | -39,000 | -42,000 | 6,000 | 50,000 | -30,000 | -102,000 | 152,000 | 4,000 |
Inventories | |||||||||
-9,000 | -35,000 | 36,000 | 21,000 | 34,000 | 12,000 | 14,000 | -10,000 | -13,000 | 1,000 |
Prepaid expenses | |||||||||
-4,000 | -3,000 | -8,000 | 18,000 | -4,000 | -5,000 | 1,000 | 3,000 | 27,000 | -29,000 |
Other current assets | |||||||||
-1,000 | 2,000 | -4,000 | 3,000 | 5,000 | 9,000 | -7,000 | 4,000 | 3,000 | 1,000 |
Other noncurrent assets | |||||||||
5,000 | 0 | 48,000 | 0 | 2,000 | -1,000 | -3,000 | -4,000 | 0 | -2,000 |
Accounts payable | |||||||||
-20,000 | -22,000 | -9,000 | -1,000 | -24,000 | 7,000 | 43,000 | 15,000 | -13,000 | 6,000 |
Accrued liabilities | |||||||||
-11,000 | -8,000 | -2,000 | -35,000 | -32,000 | -27,000 | -27,000 | 40,000 | 22,000 | -22,000 |
Other noncurrent liabilities | |||||||||
-13,000 | -9,000 | 19,000 | -3,000 | -14,000 | -7,000 | -40,000 | -4,000 | -8,000 | -8,000 |
Net cash provided by operating activities from continuing operations | |||||||||
- | - | - | - | 254,000 | 51,000 | 157,000 | 210,000 | -51,000 | 21,000 |
Net cash provided by operating activities from discontinued operations | |||||||||
- | - | - | - | 0 | 0 | 0 | 0 | 0 | 1,000 |
Net cash used in operating activities | |||||||||
-58,000 | -29,000 | -24,000 | 1,000 | 254,000 | 51,000 | 157,000 | 210,000 | -51,000 | 22,000 |
Investing Activities: | |||||||||
Capital expenditures | |||||||||
31,000 | 52,000 | 54,000 | 105,000 | 94,000 | 73,000 | 100,000 | 57,000 | 21,000 | 19,000 |
Insurance proceeds for recovery of property damage | |||||||||
- | - | - | - | 0 | 0 | 26,000 | 0 | -4,000 | 54,000 |
Cash received from unconsolidated affiliates | |||||||||
14,000 | 6,000 | 9,000 | 11,000 | 5,000 | 9,000 | 7,000 | 10,000 | 15,000 | 12,000 |
Investment in unconsolidated affiliates | |||||||||
16,000 | 7,000 | 11,000 | 10,000 | 6,000 | 3,000 | 17,000 | 14,000 | 4,000 | 15,000 |
Cash received from notes receivable | |||||||||
6,000 | 0 | - | - | - | - | - | - | - | - |
Net payments from affiliates | |||||||||
- | - | - | - | 0 | 0 | 0 | 30,000 | 181,000 | -90,000 |
Net cash used in investing activities from continuing operations | |||||||||
- | - | - | - | -95,000 | -67,000 | -84,000 | -31,000 | 162,000 | -58,000 |
Net cash used in investing activities from discontinued operations | |||||||||
- | - | - | - | 0 | 0 | 0 | 0 | 0 | -1,000 |
Net cash used in investing activities | |||||||||
-27,000 | -53,000 | -55,000 | -104,000 | -95,000 | -67,000 | -84,000 | -31,000 | 162,000 | -59,000 |
Financing Activities: | |||||||||
Net proceeds from short-term debt | |||||||||
63,000 | 0 | - | - | - | - | - | - | - | - |
Net payments on notes payable | |||||||||
-5,000 | 0 | - | - | - | - | - | - | - | - |
Repayment of third-party debt | |||||||||
1,000 | 2,000 | - | 1,000 | 3,000 | 6,000 | - | 0 | 5,000 | 0 |
Dividends paid to noncontrolling interests | |||||||||
1,000 | 1,000 | 1,000 | 2,000 | 3,000 | 2,000 | 3,000 | 3,000 | 2,000 | 4,000 |
Net repayments from affiliate accounts payable | |||||||||
- | - | - | - | 0 | 0 | -14,000 | -26,000 | -105,000 | 45,000 |
Net cash provided by (used in) financing activities | |||||||||
56,000 | -3,000 | -1,000 | -3,000 | -6,000 | -8,000 | -24,000 | -28,000 | -112,000 | 41,000 |
Effect of exchange rate changes on cash | |||||||||
-1,000 | 0 | - | 3,000 | -22,000 | 9,000 | - | 1,000 | 0 | 1,000 |
Net change in cash and cash equivalents | |||||||||
-30,000 | -85,000 | -86,000 | -103,000 | 131,000 | -15,000 | 52,000 | 152,000 | -1,000 | 5,000 |
Supplemental cash flow information: | |||||||||
Cash paid for interest | |||||||||
14,000 | 18,000 | 5,000 | 16,000 | 6,000 | 19,000 | 26,000 | 0 | 0 | 2,000 |
Cash paid for income taxes | |||||||||
0 | 1,000 | 6,000 | 8,000 | 5,000 | 15,000 | 10,000 | 7,000 | 2,000 | 2,000 |
Supplemental disclosure of noncash activities: | |||||||||
Capital expenditures included in accounts payable as of March 31, 2020 and 2019, respectively | |||||||||
28,000 | 36,000 | 20,000 | 1,000 | 16,000 | 33,000 | 20,000 | 10,000 | 1,000 | 8,000 |
Settled noncash long-term debt to affiliates | |||||||||
- | - | - | - | 0 | 0 | 0 | 0 | 804,000 | -12,000 |