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. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net loss from continuing operations $ (55,349) $ (13,296)
Net loss from discontinued operations 6,218 (13,293)
Net loss (49,131) (26,589)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and amortization 51,387 50,466
Deferred financing amortization 3,283 2,953
OID Interest 3,748 1,336
Deferred taxes (2,612) 0
Gain on disposal of fixed assets (76) (26)
Loss on impairment of property, plant and equipment 2,314 0
Loss on extinguishment of debt 14,414 0
Non-cash share-based compensation 257 0
Changes in operating assets and liabilities:    
Accounts receivable (16,284) 4,589
Inventory, net (922) (228)
Prepaid expenses and other current assets 688 (90)
Other assets (3,829) 296
Accounts payable 25,209 14,628
Other liabilities (9,965) (12,170)
Net cash provided by operating activities - continuing operations 12,263 48,458
Net cash used in operating activities - discontinued operations (9,373) (2,485)
Net cash provided by operating activities 2,890 45,973
Cash flows from investing activities:    
Acquisitions (20,565) 0
Purchase of property and equipment (26,235) (27,870)
Proceeds from disposal of fixed assets 168 26
Net cash used in investing activities - continuing operations (46,632) (27,844)
Net cash used in investing activities - discontinued operations (1,571) (7,316)
Net cash used in investing activities (48,203) (35,160)
Cash flows from financing activities:    
Proceeds from notes payable and long-term debt 669,500 15,000
Repayment of debt obligation (558,432) (17,125)
Payment of capital lease obligations (2,830) (2,379)
Deferred financing costs and discounts (50,383) (4,603)
Issuance of Note Receivable (25,000) 0
Issuance of preferred stock 14,500 0
Proceeds from the sale of common stock 7,508 0
Proceeds from stock options 170 0
Net cash provided by (used in) financing activities - continuing operations 55,033 (9,107)
Net cash provided by (used in) financing activities - discontinued operations 0 0
Net cash provided by (used in) financing activities 55,033 (9,107)
Net increase in cash and cash equivalents - continuing operations 20,664 11,507
Net (decrease) in cash and cash equivalents - discontinued operations (10,944) (9,801)
Net increase in cash and cash equivalents 9,720 1,706
Cash and cash equivalents at beginning of period 5,757 8,208
Foreign currency translation effect on cash (51) 155
Cash and cash equivalents at end of period 15,426 10,069
Supplemental Disclosure of Cash Flow Information:    
Interest paid 36,285 18,064
Income tax paid 0 217
Non-cash purchases of property and equipment 1,157 0
Non-cash issuance of stock for acquisition 138,915 0
Non-cash dividend $ 500 $ 0