Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (unaudited)

v3.7.0.1
Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ 41,792 $ (7,371)
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Depreciation and amortization 28,691 28,873
Unit-based compensation 47 28
Loss on disposition of assets 23 0
Amortization of debt issuance costs 811 951
Amortization of original issuance discount 345 318
Changes in operating assets and liabilities:    
Accounts and other receivables, net (27,535) (18,965)
Accounts and other receivables, net - related parties 1,118 (2,354)
Inventories 12,592 (8,939)
Prepaid expenses and other current assets 701 2,023
Other assets, net (900) 3,719
Accounts payable 25,731 36,926
Accrued liabilities (5,441) (1,453)
Other non-current liabilities (830) 12,831
Net cash provided by operating activities 77,145 46,587
Cash flows from investing activities:    
Capital expenditures (12,175) (12,700)
Capital expenditures for turnarounds and catalysts (1,016) (8,224)
Net cash used in investing activities (13,191) (20,924)
Cash flows from financing activities:    
Distributions paid to unitholders (5,648) (921)
Distributions paid to unitholders - Alon Energy (24,990) (4,080)
RINs financing transactions 11,649 9,455
Revolving credit facility, net 50,000 0
Payments on long-term debt (1,250) (1,250)
Net cash provided by financing activities 29,761 3,204
Net increase in cash and cash equivalents 93,715 28,867
Cash and cash equivalents, beginning of period 73,524 132,953
Cash and cash equivalents, end of period 167,239 161,820
Supplemental cash flow information:    
Cash paid for interest, net of capitalized interest 16,155 19,882
Cash paid for income tax $ 566 $ 176