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
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net loss from continuing operations $ (37,718) $ (11,751)
Net loss from discontinued operations 6,218 (8,133)
Net loss (31,500) (19,884)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and amortization 31,441 33,642
Deferred financing amortization 2,142 1,882
OID Interest 1,688 850
Deferred taxes (2,453) 0
Gain on disposal of fixed assets 211 (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 92 30
Changes in operating assets and liabilities:    
Accounts receivable (16,062) 3,403
Inventory, net (188) (298)
Prepaid expenses and other current assets 945 (547)
Other assets (4,786) 301
Accounts payable 25,935 10,129
Other liabilities (7,446) (10,358)
Net cash provided by operating activities - continuing operations 10,529 27,257
Net cash used in operating activities - discontinued operations (8,614) (1,202)
Net cash provided by operating activities 1,915 26,055
Cash flows from investing activities:    
Acquisitions (20,565) 0
Purchase of property and equipment (15,369) (17,927)
Proceeds from disposal of fixed assets 22 26
Net cash used in investing activities - continuing operations (35,912) (17,901)
Net cash used in investing activities - discontinued operations (1,498) (4,713)
Net cash used in investing activities (37,410) (22,614)
Cash flows from financing activities:    
Proceeds from notes payable and long-term debt 650,000 15,000
Repayment of debt obligation (551,494) (11,375)
Payment of capital lease obligations (1,840) (2,210)
Deferred financing costs and discounts (50,383) (4,325)
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 73 0
Net cash provided by (used in) financing activities - continuing operations 43,364 (2,910)
Net increase in cash and cash equivalents - continuing operations 17,981 6,446
Net (decrease) in cash and cash equivalents - discontinued operations (10,112) (5,915)
Net increase in cash and cash equivalents 7,869 531
Cash and cash equivalents at beginning of period 5,757 8,208
Foreign currency translation effect on cash (91) 27
Cash and cash equivalents at end of period 13,535 8,766
Supplemental Disclosure of Cash Flow Information:    
Interest paid 19,096 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