Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
NET CASH FROM (FOR) OPERATING ACTIVITIES    
Net income (loss) $ 19,230 $ 3,630
Adjustments to reconcile net income to net cash from (for) operating activities:    
Depreciation and amortization 9,160 19,590
Share-based compensation 3,150 2,920
Loss on sale of property and equipment 2,260  
Deferred income taxes, net 5,410 880
Changes in assets and liabilities:    
Receivables, net (27,070) (20,540)
Inventories, net 3,570 3,890
Prepaids and other current assets (2,910) 470
Accounts payable and accrued liabilities 29,140 28,740
Other, net 1,210 100
Net cash from operating activities 43,150 39,680
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES:    
Capital expenditures (10,590) (8,810)
Other, net 1,270 1,210
Net cash for investing activities (9,320) (7,600)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES:    
Net transfer from (to) Former Parent 75,930 (32,060)
Cash distribution paid to Former Parent (200,000)  
Proceeds from issuance of long-term debt 200,000  
Repayments of long-term debt (2,500)  
Payment of debt issuance costs (1,720)  
Other, net (170)  
Net cash provided (used) by financing activities 71,540 (32,060)
CASH AND CASH EQUIVALENTS:    
Increase for the period 105,370 20
Cash and cash equivalents at beginning of period 2,970 3,020
Cash and cash equivalents at end of period $ 108,340 $ 3,040