Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net loss $ (34,556) $ (6,787)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 60,353 53,915
Deferred income taxes 1,876 (5,920)
Deferred financing and original issue discount amortization 1,522 1,907
Share-based Compensation 1,219 2,025
Gains (Losses) on Restructuring of Debt (8,542) 0
Asset Impairment Charges 832 0
Gain (Loss) on Disposition of Property Plant Equipment 300 20
Other Non Cash Interest And Change In Value Of Interest Rate Swap (1,677) (984)
Changes in operating items:    
Accounts receivable (16,059) (12,393)
Inventories (45,687) 1,311
Other assets (1,089) (583)
Accounts payable 38,482 10,735
Other accrued liabilities (8,205) 10,173
Other Operating Activities, Cash Flow Statement 0 8
Net cash provided by operating activities 5,853 53,427
Cash flows from investing activities:    
Payments to Acquire Businesses, Net of Cash Acquired 154,498 0
Capital expenditures (54,222) (35,864)
Payments for (Proceeds from) Other Investing Activities 0 (1,500)
Net cash used for investing activities (208,720) (37,364)
Cash flows from financing activities:    
Proceeds from Issuance of Long-term Debt 695,000 0
Repayments of Long-term Debt (532,488) (4,125)
Payments of Financing Costs (12,717) 0
Borrowings on revolving credit loans 117,500 5,000
Repayments of Lines of Credit (62,500) (5,000)
Principal payments under capitalized lease obligations (160) (104)
Proceeds from Stock Options Exercised 200 0
Dividend to Holdco 3,780  
Net cash provided by (used in) financing activities 201,055 (4,229)
Effect of exchange rate changes on cash 48 (1,450)
Net (decrease) increase in cash and cash equivalents (1,764) 10,384
Cash and cash equivalents at beginning of period 9,937 14,106
Supplemental disclosure of cash flow information:    
Interest paid on junior subordinated debentures, net 9,172 9,172
Interest paid 44,773 41,047
Income taxes paid $ 632 $ 253