v3.21.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net loss $ (268,175) $ (181,898)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 52,537 114,657
Goodwill and other long-lived asset impairments 112,164 35,801
Inventory write-downs 5,281 10,607
Gain on derivative (4,866) 0
Accretion of asset retirement obligation 1,924 1,051
Provision for expected credit losses, net of recoveries 10,268 4,686
Amortization of debt discounts and debt issuance costs 8,845 3,392
Stock-based compensation 1,532 8,714
Loss (gain) on disposal of assets (3,503) 4,013
Deferred income taxes (119) 0
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 67,750 40,455
Inventories 6,921 6,529
Prepaid expenses and other assets (1,415) 7,483
Accounts payable (4,806) (36,371)
Accrued expenses 3,734 11
Other liabilities (8,301) 1,057
Net cash (used in) provided by operating activities (20,229) 20,187
Cash flows from investing activities:    
Capital expenditures (7,825) (55,353)
Proceeds from sale of assets 57,384 17,297
Payments to acquire business, net of cash acquired (59,350) 0
Payments for other long-term assets 0 (1,260)
Net cash used in investing activities (9,791) (39,316)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 53,000 0
Repayments of long-term debt (46,952) (29,364)
Repurchases of common stock (15) (5,121)
Payments of debt issuance costs (720) (469)
Other financing activities (1,525) 0
Net cash provided by (used in) financing activities 3,788 (34,954)
Net decrease in cash, cash equivalents, and restricted cash (26,232) (54,083)
Cash and cash equivalents; beginning of period 36,217 90,300
Cash, cash equivalents and restricted cash; end of period 9,985 36,217
Supplemental cash flow information and non-cash investing and financing activities:    
Interest paid 37,322 39,248
Income taxes paid, net of refunds 0 (1,872)
Operating lease liabilities incurred from obtaining right-of-use assets 5,661 14,541
Finance lease liabilities incurred from obtaining right-of-use assets 1,553 7,941
Capital expenditures included in accounts payable (620) (2,806)
Issuance of Series A Participating Preferred Stock 22,000 0
Recognition of derivative liability 9,713 0
Other non-cash change in asset retirement obligations $ (9) $ 7,362

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