Condensed Consolidating Financial Information (Tables)
|
9 Months Ended |
Sep. 30, 2015 |
|---|
| Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
|
| Condensed Consolidating Balance Sheets |
CONDENSED CONSOLIDATING BALANCE SHEETS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30, 2015 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
Assets |
|
|
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
$ |
226,161 |
|
|
$ |
1,949 |
|
|
$ |
1 |
|
|
$ |
— |
|
|
$ |
228,111 |
|
Accounts receivable - oil and gas |
66,228 |
|
|
43 |
|
|
— |
|
|
— |
|
|
66,271 |
|
Accounts receivable - related parties |
149 |
|
|
— |
|
|
— |
|
|
— |
|
|
149 |
|
Accounts receivable - intercompany |
334,886 |
|
|
55 |
|
|
— |
|
|
(334,941 |
) |
|
— |
|
Prepaid expenses and other current assets |
16,156 |
|
|
— |
|
|
— |
|
|
— |
|
|
16,156 |
|
Short-term derivative instruments |
116,100 |
|
|
— |
|
|
— |
|
|
— |
|
|
116,100 |
|
Total current assets |
759,680 |
|
|
2,047 |
|
|
1 |
|
|
(334,941 |
) |
|
426,787 |
|
Property and equipment: |
|
|
|
|
|
|
|
|
|
Oil and natural gas properties, full-cost accounting |
4,934,813 |
|
|
324,678 |
|
|
— |
|
|
(729 |
) |
|
5,258,762 |
|
Other property and equipment |
27,627 |
|
|
43 |
|
|
— |
|
|
— |
|
|
27,670 |
|
Accumulated depletion, depreciation, amortization and impairment |
(1,896,385 |
) |
|
(28 |
) |
|
— |
|
|
— |
|
|
(1,896,413 |
) |
Property and equipment, net |
3,066,055 |
|
|
324,693 |
|
|
— |
|
|
(729 |
) |
|
3,390,019 |
|
Other assets: |
|
|
|
|
|
|
|
|
|
Equity investments and investments in subsidiaries |
285,980 |
|
|
— |
|
|
99,489 |
|
|
(90,366 |
) |
|
295,103 |
|
Derivative instruments |
51,171 |
|
|
— |
|
|
— |
|
|
— |
|
|
51,171 |
|
Deferred tax asset |
27,368 |
|
|
— |
|
|
— |
|
|
— |
|
|
27,368 |
|
Other assets |
24,982 |
|
|
— |
|
|
— |
|
|
— |
|
|
24,982 |
|
Total other assets |
389,501 |
|
|
— |
|
|
99,489 |
|
|
(90,366 |
) |
|
398,624 |
|
Total assets |
$ |
4,215,236 |
|
|
$ |
326,740 |
|
|
$ |
99,490 |
|
|
$ |
(426,036 |
) |
|
$ |
4,215,430 |
|
|
|
|
|
|
|
|
|
|
|
Liabilities and Stockholders' Equity |
|
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
|
|
|
Accounts payable and accrued liabilities |
$ |
311,922 |
|
|
$ |
194 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
312,116 |
|
Accounts payable - intercompany |
— |
|
|
334,817 |
|
|
124 |
|
|
(334,941 |
) |
|
— |
|
Asset retirement obligation - current |
75 |
|
|
— |
|
|
— |
|
|
— |
|
|
75 |
|
Deferred tax liability - current |
38,734 |
|
|
— |
|
|
— |
|
|
— |
|
|
38,734 |
|
Short-term derivative instruments |
2,351 |
|
|
— |
|
|
— |
|
|
— |
|
|
2,351 |
|
Current maturities of long-term debt |
1,695 |
|
|
— |
|
|
— |
|
|
— |
|
|
1,695 |
|
Total current liabilities |
354,777 |
|
|
335,011 |
|
|
124 |
|
|
(334,941 |
) |
|
354,971 |
|
Long-term derivative instrument |
3,208 |
|
|
— |
|
|
— |
|
|
— |
|
|
3,208 |
|
Asset retirement obligation - long-term |
23,073 |
|
|
— |
|
|
— |
|
|
— |
|
|
23,073 |
|
Long-term debt, net of current maturities |
963,048 |
|
|
— |
|
|
— |
|
|
— |
|
|
963,048 |
|
Total liabilities |
1,344,106 |
|
|
335,011 |
|
|
124 |
|
|
(334,941 |
) |
|
1,344,300 |
|
|
|
|
|
|
|
|
|
|
|
Stockholders' equity: |
|
|
|
|
|
|
|
|
|
Common stock |
1,082 |
|
|
— |
|
|
— |
|
|
— |
|
|
1,082 |
|
Paid-in capital |
2,820,500 |
|
|
322 |
|
|
240,916 |
|
|
(241,238 |
) |
|
2,820,500 |
|
Accumulated other comprehensive (loss) income |
(49,950 |
) |
|
— |
|
|
(49,950 |
) |
|
49,950 |
|
|
(49,950 |
) |
Retained earnings (accumulated deficit) |
99,498 |
|
|
(8,593 |
) |
|
(91,600 |
) |
|
100,193 |
|
|
99,498 |
|
Total stockholders' equity |
2,871,130 |
|
|
(8,271 |
) |
|
99,366 |
|
|
(91,095 |
) |
|
2,871,130 |
|
Total liabilities and stockholders' equity |
$ |
4,215,236 |
|
|
$ |
326,740 |
|
|
$ |
99,490 |
|
|
$ |
(426,036 |
) |
|
$ |
4,215,430 |
|
CONDENSED CONSOLIDATING BALANCE SHEETS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2014 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
Assets |
|
|
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
$ |
141,535 |
|
|
$ |
804 |
|
|
$ |
1 |
|
|
$ |
— |
|
|
$ |
142,340 |
|
Accounts receivable - oil and gas |
103,762 |
|
|
96 |
|
|
— |
|
|
— |
|
|
103,858 |
|
Accounts receivable - related parties |
46 |
|
|
— |
|
|
— |
|
|
— |
|
|
46 |
|
Accounts receivable - intercompany |
45,222 |
|
|
27 |
|
|
— |
|
|
(45,249 |
) |
|
— |
|
Prepaid expenses and other current assets |
3,714 |
|
|
— |
|
|
— |
|
|
— |
|
|
3,714 |
|
Short-term derivative instruments |
78,391 |
|
|
— |
|
|
— |
|
|
— |
|
|
78,391 |
|
Total current assets |
372,670 |
|
|
927 |
|
|
1 |
|
|
(45,249 |
) |
|
328,349 |
|
|
|
|
|
|
|
|
|
|
|
Property and equipment: |
|
|
|
|
|
|
|
|
|
Oil and natural gas properties, full-cost accounting, |
3,887,874 |
|
|
35,990 |
|
|
— |
|
|
(710 |
) |
|
3,923,154 |
|
Other property and equipment |
18,301 |
|
|
43 |
|
|
— |
|
|
— |
|
|
18,344 |
|
Accumulated depletion, depreciation, amortization and impairment |
(1,050,855 |
) |
|
(24 |
) |
|
— |
|
|
— |
|
|
(1,050,879 |
) |
Property and equipment, net |
2,855,320 |
|
|
36,009 |
|
|
— |
|
|
(710 |
) |
|
2,890,619 |
|
Other assets: |
|
|
|
|
|
|
|
|
|
Equity investments and investments in subsidiaries |
360,238 |
|
|
— |
|
|
180,217 |
|
|
(170,874 |
) |
|
369,581 |
|
Derivative instruments |
24,448 |
|
|
— |
|
|
— |
|
|
— |
|
|
24,448 |
|
Other assets |
19,396 |
|
|
— |
|
|
— |
|
|
— |
|
|
19,396 |
|
Total other assets |
404,082 |
|
|
— |
|
|
180,217 |
|
|
(170,874 |
) |
|
413,425 |
|
Total assets |
$ |
3,632,072 |
|
|
$ |
36,936 |
|
|
$ |
180,218 |
|
|
$ |
(216,833 |
) |
|
$ |
3,632,393 |
|
|
|
|
|
|
|
|
|
|
|
Liabilities and Stockholders' Equity |
|
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
|
|
|
Accounts payable and accrued liabilities |
$ |
371,089 |
|
|
$ |
321 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
371,410 |
|
Accounts payable - intercompany |
— |
|
|
45,143 |
|
|
106 |
|
|
(45,249 |
) |
|
— |
|
Asset retirement obligation - current |
75 |
|
|
— |
|
|
— |
|
|
— |
|
|
75 |
|
Deferred tax liability |
27,070 |
|
|
— |
|
|
— |
|
|
— |
|
|
27,070 |
|
Current maturities of long-term debt |
168 |
|
|
— |
|
|
— |
|
|
— |
|
|
168 |
|
Total current liabilities |
398,402 |
|
|
45,464 |
|
|
106 |
|
|
(45,249 |
) |
|
398,723 |
|
|
|
|
|
|
|
|
|
|
|
Asset retirement obligation - long-term |
17,863 |
|
|
— |
|
|
— |
|
|
— |
|
|
17,863 |
|
Deferred tax liability |
203,195 |
|
|
— |
|
|
— |
|
|
— |
|
|
203,195 |
|
Long-term debt, net of current maturities |
716,316 |
|
|
— |
|
|
— |
|
|
— |
|
|
716,316 |
|
Total liabilities |
1,335,776 |
|
|
45,464 |
|
|
106 |
|
|
(45,249 |
) |
|
1,336,097 |
|
|
|
|
|
|
|
|
|
|
|
Stockholders' equity: |
|
|
|
|
|
|
|
|
|
Common stock |
856 |
|
|
— |
|
|
— |
|
|
— |
|
|
856 |
|
Paid-in capital |
1,828,602 |
|
|
322 |
|
|
227,079 |
|
|
(227,401 |
) |
|
1,828,602 |
|
Accumulated other comprehensive (loss) income |
(26,675 |
) |
|
— |
|
|
(26,675 |
) |
|
26,675 |
|
|
(26,675 |
) |
Retained earnings (accumulated deficit) |
493,513 |
|
|
(8,850 |
) |
|
(20,292 |
) |
|
29,142 |
|
|
493,513 |
|
Total stockholders' equity |
2,296,296 |
|
|
(8,528 |
) |
|
180,112 |
|
|
(171,584 |
) |
|
2,296,296 |
|
Total liabilities and stockholders' equity |
$ |
3,632,072 |
|
|
$ |
36,936 |
|
|
$ |
180,218 |
|
|
$ |
(216,833 |
) |
|
$ |
3,632,393 |
|
|
| Condensed Consolidating Statements of Operations |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended September 30, 2015 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Total revenues |
$ |
230,282 |
|
|
$ |
287 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
230,569 |
|
|
|
|
|
|
|
|
|
|
|
Costs and expenses: |
|
|
|
|
|
|
|
|
|
Lease operating expenses |
17,358 |
|
|
210 |
|
|
— |
|
|
— |
|
|
17,568 |
|
Production taxes |
3,570 |
|
|
23 |
|
|
— |
|
|
— |
|
|
3,593 |
|
Midstream gathering and processing |
42,139 |
|
|
27 |
|
|
— |
|
|
— |
|
|
42,166 |
|
Depreciation, depletion, and amortization |
90,327 |
|
|
2 |
|
|
— |
|
|
— |
|
|
90,329 |
|
Impairment of oil and gas properties |
594,776 |
|
|
— |
|
|
— |
|
|
— |
|
|
594,776 |
|
General and administrative |
10,999 |
|
|
6 |
|
|
(4 |
) |
|
— |
|
|
11,001 |
|
Accretion expense |
212 |
|
|
— |
|
|
— |
|
|
— |
|
|
212 |
|
|
759,381 |
|
|
268 |
|
|
(4 |
) |
|
— |
|
|
759,645 |
|
|
|
|
|
|
|
|
|
|
|
(LOSS) INCOME FROM OPERATIONS |
(529,099 |
) |
|
19 |
|
|
4 |
|
|
— |
|
|
(529,076 |
) |
|
|
|
|
|
|
|
|
|
|
OTHER (INCOME) EXPENSE: |
|
|
|
|
|
|
|
|
|
Interest expense |
14,124 |
|
|
— |
|
|
— |
|
|
— |
|
|
14,124 |
|
Interest income |
(279 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(279 |
) |
Loss (income) from equity method investments and investments in subsidiaries |
61,868 |
|
|
— |
|
|
58,653 |
|
|
(58,630 |
) |
|
61,891 |
|
|
75,713 |
|
|
— |
|
|
58,653 |
|
|
(58,630 |
) |
|
75,736 |
|
|
|
|
|
|
|
|
|
|
|
(LOSS) INCOME BEFORE INCOME TAXES |
(604,812 |
) |
|
19 |
|
|
(58,649 |
) |
|
58,630 |
|
|
(604,812 |
) |
INCOME TAX BENEFIT |
(216,603 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(216,603 |
) |
|
|
|
|
|
|
|
|
|
|
NET (LOSS) INCOME |
$ |
(388,209 |
) |
|
$ |
19 |
|
|
$ |
(58,649 |
) |
|
$ |
58,630 |
|
|
$ |
(388,209 |
) |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended September 30, 2014 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Total revenues |
$ |
170,284 |
|
|
$ |
520 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
170,804 |
|
|
|
|
|
|
|
|
|
|
|
|
Costs and expenses: |
|
|
|
|
|
|
|
|
|
|
Lease operating expenses |
11,628 |
|
|
255 |
|
|
— |
|
|
— |
|
|
11,883 |
|
Production taxes |
5,154 |
|
|
59 |
|
|
— |
|
|
— |
|
|
5,213 |
|
Midstream gathering and processing |
18,694 |
|
|
20 |
|
|
— |
|
|
— |
|
|
18,714 |
|
Depreciation, depletion, and amortization |
72,408 |
|
|
1 |
|
|
— |
|
|
— |
|
|
72,409 |
|
General and administrative |
8,909 |
|
|
29 |
|
|
1 |
|
|
— |
|
|
8,939 |
|
Accretion expense |
192 |
|
|
— |
|
|
— |
|
|
— |
|
|
192 |
|
|
116,985 |
|
|
364 |
|
|
1 |
|
|
— |
|
|
117,350 |
|
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) FROM OPERATIONS |
53,299 |
|
|
156 |
|
|
(1 |
) |
|
— |
|
|
53,454 |
|
|
|
|
|
|
|
|
|
|
|
OTHER (INCOME) EXPENSE: |
|
|
|
|
|
|
|
|
|
Interest expense |
5,706 |
|
|
— |
|
|
— |
|
|
— |
|
|
5,706 |
|
Interest income |
(25 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(25 |
) |
Litigation settlement |
1,500 |
|
|
— |
|
|
— |
|
|
— |
|
|
1,500 |
|
Loss (income) from equity method investments and investments in subsidiaries |
34,322 |
|
|
— |
|
|
4,633 |
|
|
(4,478 |
) |
|
34,477 |
|
|
41,503 |
|
|
— |
|
|
4,633 |
|
|
(4,478 |
) |
|
41,658 |
|
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) BEFORE INCOME TAXES |
11,796 |
|
|
156 |
|
|
(4,634 |
) |
|
4,478 |
|
|
11,796 |
|
INCOME TAX EXPENSE |
4,876 |
|
|
— |
|
|
— |
|
|
— |
|
|
4,876 |
|
|
|
|
|
|
|
|
|
|
|
NET INCOME (LOSS) |
$ |
6,920 |
|
|
$ |
156 |
|
|
$ |
(4,634 |
) |
|
$ |
4,478 |
|
|
$ |
6,920 |
|
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine months ended September 30, 2015 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Total revenues |
$ |
518,141 |
|
|
$ |
1,015 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
519,156 |
|
|
|
|
|
|
|
|
|
|
|
Costs and expenses: |
|
|
|
|
|
|
|
|
|
Lease operating expenses |
50,830 |
|
|
581 |
|
|
— |
|
|
— |
|
|
51,411 |
|
Production taxes |
11,083 |
|
|
80 |
|
|
— |
|
|
— |
|
|
11,163 |
|
Midstream gathering and processing |
100,405 |
|
|
46 |
|
|
— |
|
|
— |
|
|
100,451 |
|
Depreciation, depletion, and amortization |
251,389 |
|
|
4 |
|
|
— |
|
|
— |
|
|
251,393 |
|
Impairment of oil and gas properties |
594,776 |
|
|
— |
|
|
— |
|
|
— |
|
|
594,776 |
|
General and administrative |
31,248 |
|
|
47 |
|
|
20 |
|
|
— |
|
|
31,315 |
|
Accretion expense |
594 |
|
|
— |
|
|
— |
|
|
— |
|
|
594 |
|
|
1,040,325 |
|
|
758 |
|
|
20 |
|
|
— |
|
|
1,041,103 |
|
|
|
|
|
|
|
|
|
|
|
(LOSS) INCOME FROM OPERATIONS |
(522,184 |
) |
|
257 |
|
|
(20 |
) |
|
— |
|
|
(521,947 |
) |
|
|
|
|
|
|
|
|
|
|
OTHER (INCOME) EXPENSE: |
|
|
|
|
|
|
|
|
|
Interest expense |
34,906 |
|
|
— |
|
|
— |
|
|
— |
|
|
34,906 |
|
Interest income |
(536 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(536 |
) |
Loss (income) from equity method investments and investments in subsidiaries |
56,799 |
|
|
— |
|
|
71,289 |
|
|
(71,052 |
) |
|
57,036 |
|
|
91,169 |
|
|
— |
|
|
71,289 |
|
|
(71,052 |
) |
|
91,406 |
|
|
|
|
|
|
|
|
|
|
|
(LOSS) INCOME BEFORE INCOME TAXES |
(613,353 |
) |
|
257 |
|
|
(71,309 |
) |
|
71,052 |
|
|
(613,353 |
) |
INCOME TAX BENEFIT |
(219,338 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(219,338 |
) |
|
|
|
|
|
|
|
|
|
|
NET (LOSS) INCOME |
$ |
(394,015 |
) |
|
$ |
257 |
|
|
$ |
(71,309 |
) |
|
$ |
71,052 |
|
|
$ |
(394,015 |
) |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine months ended September 30, 2014 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Total revenues |
$ |
402,148 |
|
|
$ |
1,421 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
403,569 |
|
|
|
|
|
|
|
|
|
|
|
Costs and expenses: |
|
|
|
|
|
|
|
|
|
Lease operating expenses |
35,466 |
|
|
726 |
|
|
— |
|
|
— |
|
|
36,192 |
|
Production taxes |
18,620 |
|
|
151 |
|
|
— |
|
|
— |
|
|
18,771 |
|
Midstream gathering and processing |
37,209 |
|
|
54 |
|
|
— |
|
|
— |
|
|
37,263 |
|
Depreciation, depletion, and amortization |
185,278 |
|
|
2 |
|
|
— |
|
|
— |
|
|
185,280 |
|
General and administrative |
28,743 |
|
|
91 |
|
|
(2 |
) |
|
— |
|
|
28,832 |
|
Accretion expense |
569 |
|
|
— |
|
|
— |
|
|
— |
|
|
569 |
|
Gain on sale of assets |
(11 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(11 |
) |
|
305,874 |
|
|
1,024 |
|
|
(2 |
) |
|
— |
|
|
306,896 |
|
|
|
|
|
|
|
|
|
|
|
INCOME FROM OPERATIONS |
96,274 |
|
|
397 |
|
|
2 |
|
|
— |
|
|
96,673 |
|
|
|
|
|
|
|
|
|
|
|
OTHER (INCOME) EXPENSE: |
|
|
|
|
|
|
|
|
|
Interest expense |
11,993 |
|
|
— |
|
|
— |
|
|
— |
|
|
11,993 |
|
Interest income |
(167 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(167 |
) |
Litigation settlement |
25,500 |
|
|
— |
|
|
— |
|
|
— |
|
|
25,500 |
|
(Income) loss from equity method investments and investments in subsidiaries |
(163,966 |
) |
|
— |
|
|
8,862 |
|
|
(8,463 |
) |
|
(163,567 |
) |
|
(126,640 |
) |
|
— |
|
|
8,862 |
|
|
(8,463 |
) |
|
(126,241 |
) |
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) BEFORE INCOME TAXES |
222,914 |
|
|
397 |
|
|
(8,860 |
) |
|
8,463 |
|
|
222,914 |
|
INCOME TAX EXPENSE |
85,584 |
|
|
— |
|
|
— |
|
|
— |
|
|
85,584 |
|
|
|
|
|
|
|
|
|
|
|
NET INCOME (LOSS) |
$ |
137,330 |
|
|
$ |
397 |
|
|
$ |
(8,860 |
) |
|
$ |
8,463 |
|
|
$ |
137,330 |
|
|
| Condensed Consolidating Statements of Comprehensive Income (Loss) |
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE (LOSS) INCOME
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended September 30, 2015 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Net (loss) income |
$ |
(388,209 |
) |
|
$ |
19 |
|
|
$ |
(58,649 |
) |
|
$ |
58,630 |
|
|
$ |
(388,209 |
) |
Foreign currency translation adjustment |
(11,538 |
) |
|
— |
|
|
(11,538 |
) |
|
11,538 |
|
|
(11,538 |
) |
Other comprehensive (loss) income |
(11,538 |
) |
|
— |
|
|
(11,538 |
) |
|
11,538 |
|
|
(11,538 |
) |
Comprehensive (loss) income |
$ |
(399,747 |
) |
|
$ |
19 |
|
|
$ |
(70,187 |
) |
|
$ |
70,168 |
|
|
$ |
(399,747 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended September 30, 2014 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
Net income (loss) |
$ |
6,920 |
|
|
$ |
156 |
|
|
$ |
(4,634 |
) |
|
$ |
4,478 |
|
|
$ |
6,920 |
|
Foreign currency translation adjustment |
(9,536 |
) |
|
— |
|
|
(9,536 |
) |
|
9,536 |
|
|
(9,536 |
) |
Other comprehensive (loss) income |
(9,536 |
) |
|
— |
|
|
(9,536 |
) |
|
9,536 |
|
|
(9,536 |
) |
Comprehensive (loss) income |
$ |
(2,616 |
) |
|
$ |
156 |
|
|
$ |
(14,170 |
) |
|
$ |
14,014 |
|
|
$ |
(2,616 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine months ended September 30, 2015 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Net (loss) income |
$ |
(394,015 |
) |
|
$ |
257 |
|
|
$ |
(71,309 |
) |
|
$ |
71,052 |
|
|
$ |
(394,015 |
) |
Foreign currency translation adjustment |
(23,275 |
) |
|
— |
|
|
(23,275 |
) |
|
23,275 |
|
|
(23,275 |
) |
Other comprehensive (loss) income |
(23,275 |
) |
|
— |
|
|
(23,275 |
) |
|
23,275 |
|
|
(23,275 |
) |
Comprehensive (loss) income |
$ |
(417,290 |
) |
|
$ |
257 |
|
|
$ |
(94,584 |
) |
|
$ |
94,327 |
|
|
$ |
(417,290 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine months ended September 30, 2014 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
Net income (loss) |
$ |
137,330 |
|
|
$ |
397 |
|
|
$ |
(8,860 |
) |
|
$ |
8,463 |
|
|
$ |
137,330 |
|
Foreign currency translation adjustment |
(9,998 |
) |
|
— |
|
|
(9,998 |
) |
|
9,998 |
|
|
(9,998 |
) |
Other comprehensive (loss) income |
(9,998 |
) |
|
— |
|
|
(9,998 |
) |
|
9,998 |
|
|
(9,998 |
) |
Comprehensive income (loss) |
$ |
127,332 |
|
|
$ |
397 |
|
|
$ |
(18,858 |
) |
|
$ |
18,461 |
|
|
$ |
127,332 |
|
|
| Condensed Consolidating Statements of Cash Flows |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine months ended September 30, 2015 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) operating activities |
$ |
247,447 |
|
|
$ |
(12,356 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
235,091 |
|
|
|
|
|
|
|
|
|
|
|
Net cash (used in) provided by investing activities |
(1,385,878 |
) |
|
13,501 |
|
|
(13,837 |
) |
|
13,837 |
|
|
(1,372,377 |
) |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) financing activities |
1,223,057 |
|
|
— |
|
|
13,837 |
|
|
(13,837 |
) |
|
1,223,057 |
|
|
|
|
|
|
|
|
|
|
|
Net increase in cash and cash equivalents |
84,626 |
|
|
1,145 |
|
|
— |
|
|
— |
|
|
85,771 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
141,535 |
|
|
804 |
|
|
1 |
|
|
— |
|
|
142,340 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at end of period |
$ |
226,161 |
|
|
$ |
1,949 |
|
|
$ |
1 |
|
|
$ |
— |
|
|
$ |
228,111 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine months ended September 30, 2014 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) operating activities |
$ |
286,500 |
|
|
$ |
(598 |
) |
|
$ |
(3 |
) |
|
$ |
— |
|
|
$ |
285,899 |
|
|
|
|
|
|
|
|
|
|
|
Net cash (used in) provided by investing activities |
(897,527 |
) |
|
(6,523 |
) |
|
(16,569 |
) |
|
16,572 |
|
|
(904,047 |
) |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) financing activities |
312,075 |
|
|
— |
|
|
16,572 |
|
|
(16,572 |
) |
|
312,075 |
|
|
|
|
|
|
|
|
|
|
|
Net decrease in cash and cash equivalents |
(298,952 |
) |
|
(7,121 |
) |
|
— |
|
|
— |
|
|
(306,073 |
) |
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
451,431 |
|
|
7,525 |
|
|
— |
|
|
— |
|
|
458,956 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at end of period |
$ |
152,479 |
|
|
$ |
404 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
152,883 |
|
|