XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue $ 27,821 $ 60,668 $ 97,102 $ 224,221
Costs and expenses:        
Direct operating expenses 20,316 40,509 64,983 137,680
Drydock expense 3,297 3,932 4,187 15,341
General and administrative expenses 10,076 13,315 28,718 35,800
Depreciation and amortization 13,835 18,674 44,785 55,927
Impairment charges 152,103 162,808 152,103
(Gain) loss on sale of assets and other 63 (784) 5,982 (784)
Total costs and expenses 47,587 227,749 311,463 396,067
Operating loss (19,766) (167,081) (214,361) (171,846)
Other income (expense):        
Interest expense (7,972) (9,979) (25,360) (26,331)
Interest income 44 71 119 189
Gain on extinguishment of debt 35,912
Foreign currency transaction loss and other (1,735) (267) (2,861) (970)
Total other income (expense) (9,663) (10,175) 7,810 (27,112)
Loss before income taxes (29,429) (177,256) (206,551) (198,958)
Income tax benefit (provision) 4,700 (7,970) 43,060 361
Net loss $ (24,729) $ (185,226) $ (163,491) $ (198,597)
Loss per share:        
Basic (in dollars per share) $ (0.98) $ (7.48) $ (6.53) $ (8.04)
Diluted (in dollars per share) $ (0.98) $ (7.48) $ (6.53) $ (8.04)
Weighted average shares outstanding:        
Basic (in shares) 25,176 24,767 25,049 24,690
Diluted (in shares) 25,176 24,767 25,049 24,690