Consolidated Statements of Cash Flows - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2019 |
Dec. 31, 2018 |
| Cash flows from operating activities: |
|
|
|
| Net loss |
|
$ (181,898)
|
$ (144,597)
|
| Adjustments to reconcile net loss to net cash provided by operating activities |
|
|
|
| Depreciation and amortization |
[1] |
114,657
|
126,417
|
| Asset impairment |
[1] |
35,801
|
0
|
| Inventory and other write-downs |
[1] |
10,607
|
0
|
| Accretion on asset retirement obligation |
|
1,051
|
212
|
| Change in allowance for doubtful accounts |
|
370
|
315
|
| Amortization of deferred financing costs |
|
2,338
|
1,072
|
| Amortization of debt discounts |
|
1,054
|
4,009
|
| Debt extinguishment costs |
|
0
|
26,429
|
| Non-cash compensation |
|
9,156
|
27,254
|
| Loss (gain) on disposal of assets |
[1] |
4,013
|
(2,598)
|
| Deferred income taxes |
|
0
|
(78)
|
| Changes in operating assets and liabilities, net of acquisitions: |
|
|
|
| Accounts receivable |
|
44,771
|
3,384
|
| Inventories |
|
6,529
|
(46)
|
| Prepaid expenses and other current assets |
|
6,242
|
5,248
|
| Other assets |
|
(333)
|
532
|
| Accounts payable |
|
(37,495)
|
18,267
|
| Income tax receivable |
|
1,574
|
305
|
| Other liabilities |
|
615
|
4,361
|
| Accrued expenses |
|
1,135
|
3,853
|
| Net cash provided by operating activities |
|
20,187
|
74,339
|
| Cash flows from investing activities: |
|
|
|
| Purchase of Property plant and equipment |
[1] |
(55,353)
|
(68,709)
|
| Proceeds from sales of assets |
[1] |
17,297
|
17,785
|
| Payments for other long-term assets |
|
(1,260)
|
0
|
| Net cash used in investing activities |
|
(39,316)
|
(50,924)
|
| Cash flows from financing activities: |
|
|
|
| Proceeds from debt |
|
0
|
332,500
|
| Repayments of debt |
|
(29,364)
|
(318,929)
|
| Debt extinguishment costs |
|
0
|
(17,607)
|
| Change in treasury stock including restricted stock issuances |
|
(5,121)
|
(1,882)
|
| Deferred loan costs and other financing activities |
|
(469)
|
(13,420)
|
| Net cash used in financing activities |
|
(34,954)
|
(19,338)
|
| Net (decrease) increase in cash and equivalents |
|
(54,083)
|
4,077
|
| Cash and cash equivalents - beginning of year |
|
90,300
|
86,223
|
| Cash and cash equivalents - end of year |
|
36,217
|
90,300
|
| Supplemental cash flow information: |
|
|
|
| Capital leases and notes issued for equipment |
|
7,941
|
20,197
|
| Change in accrued property and equipment |
|
(2,806)
|
(462)
|
| Income taxes paid |
|
0
|
0
|
| Change in asset retirement obligations |
|
6,907
|
(132)
|
| Change in right-of-use assets |
|
14,541
|
|
| Cash paid for interest |
|
$ 39,248
|
$ 34,396
|
|
|