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Summarized Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule Of Quarterly Financial Information Table Text Block

 

 

 

2016

 

 

 

1st

Quarter

 

 

2nd

Quarter

 

 

3rd

Quarter

 

 

4th

Quarter

 

 

Total

 

Operating revenues

 

$

159,386

 

 

$

146,591

 

 

$

199,253

 

 

$

215,861

 

 

$

721,091

 

Operating expenses

 

 

126,868

 

 

 

94,746

 

 

 

99,788

 

 

 

99,313

 

 

 

420,715

 

Other income (expense), net:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense (excludes contractual interest

   expense of $141.5 million for the year ended

   December 31, 2016)

 

 

(49,903

)

 

 

(16,662

)

 

 

 

 

 

 

 

 

(66,565

)

Restructuring expenses

 

 

(5,579

)

 

 

(1,569

)

 

 

(28

)

 

 

 

 

 

(7,176

)

Contract settlement

 

 

 

 

 

 

 

 

 

 

 

(131,106

)

 

 

(131,106

)

Other income (expense), net

 

 

943

 

 

 

2,411

 

 

 

2,124

 

 

 

1,993

 

 

 

7,471

 

Total other (expense) income, net

 

 

(54,539

)

 

 

(15,820

)

 

 

2,096

 

 

 

(129,113

)

 

 

(197,376

)

Reorganization items, net

 

 

 

 

 

(22,183

)

 

 

(3,109

)

 

 

(22,211

)

 

 

(47,503

)

Income before income tax (benefit) provision

 

 

(22,021

)

 

 

13,842

 

 

 

98,452

 

 

 

(34,776

)

 

 

55,497

 

Income tax (benefit) provision

 

 

(190

)

 

 

(160

)

 

 

45

 

 

 

(349

)

 

 

(654

)

Net (loss) income

 

$

(21,831

)

 

$

14,002

 

 

$

98,407

 

 

$

(34,427

)

 

$

56,151

 

Net income (loss) per common share — basic

 

$

(0.14

)

 

$

0.09

 

 

$

0.64

 

 

$

(0.22

)

 

$

0.37

 

Net income (loss) per common share — fully diluted

 

$

(0.14

)

 

$

0.09

 

 

$

0.64

 

 

$

(0.22

)

 

$

0.36

 

 

 

 

2015

 

 

 

1st

Quarter

 

 

2nd

Quarter

 

 

3rd

Quarter

 

 

4th

Quarter

 

 

Total

 

Operating revenues

 

$

219,309

 

 

$

207,998

 

 

$

222,503

 

 

$

189,301

 

 

$

839,111

 

Gain (loss) on commodity derivatives

 

 

36,865

 

 

 

(3,646

)

 

 

9,390

 

 

 

2

 

 

 

42,611

 

Operating expenses

 

 

189,347

 

 

 

188,483

 

 

 

195,339

 

 

 

207,452

 

 

 

780,621

 

Ceiling test and other impairments

 

 

 

 

 

 

 

 

 

 

 

3,144,899

 

 

 

3,144,899

 

Interest expense

 

 

(42,668

)

 

 

(42,619

)

 

 

(43,137

)

 

 

(43,494

)

 

 

(171,918

)

Other income (expense), net

 

 

(992

)

 

 

1,827

 

 

 

2,354

 

 

 

903

 

 

 

4,092

 

Income before income tax provision

 

 

23,167

 

 

 

(24,923

)

 

 

(4,229

)

 

 

(3,205,639

)

 

 

(3,211,624

)

Income tax provision

 

 

(2,022

)

 

 

(250

)

 

 

(1,133

)

 

 

(999

)

 

 

(4,404

)

Net income

 

$

25,189

 

 

$

(24,673

)

 

$

(3,096

)

 

$

(3,204,640

)

 

$

(3,207,220

)

Net income per common share — basic

 

$

0.16

 

 

$

(0.16

)

 

$

(0.02

)

 

$

(20.91

)

 

$

(20.94

)

Net income per common share — fully diluted

 

$

0.16

 

 

$

(0.16

)

 

$

(0.02

)

 

$

(20.91

)

 

$

(20.94

)