Note 2 - Bankruptcy and Related Matters (Tables)

6 Months Ended

Jun. 30, 2017

Notes Tables

Condensed Balance Sheet [Table Text Block]

	June 30,
	2017
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	4,007
Prepaid expenses		1,641
Total current assets		5,648
Intercompany notes and other receivables		418,665
Investments in subsidiaries		286,164
Total assets	$	710,477
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Debtor in possession financing	$	10,000
Accounts payable		369
Accrued personnel costs		5,004
Other accrued liabilities		588
Total current liabilities		15,961
Deferred income tax liabilities		111,330
Liabilities subject to compromise		448,124
Stockholders' equity		135,062
Total liabilities and stockholders' equity	$	710,477

Condensed Income Statement [Table Text Block]

	Three Months Ended			Six Months Ended
	June 30,			June 30,
	2017			2017
	(In thousands)
Revenue	$	-		$	-
Costs and expenses:
General and administrative expenses		1,486			3,389
Pre-petition restructuring charges		11,716			17,569
Total costs and expenses		13,202			20,958
Operating loss		(13,202	)		(20,958	)
Other income (expense):
Interest expense		(3,910	)		(17,219	)
Interest income		2,507			5,183
Reorganization items		(1,902	)		(1,902	)
Foreign currency transaction loss and other		(8	)		(9	)
Total other income (expense)		(3,313	)		(13,947	)
Loss before income taxes		(16,515	)		(34,905	)
Income tax expense		(6,319	)		(84,091	)
Net loss	$	(22,834	)	$	(118,996	)

Condensed Cash Flow Statement [Table Text Block]

	Six Months Ended
	June 30,
	2017
	(In thousands)
Cash flows from operating activities:
Net loss	$	(118,996	)
Adjustments to reconcile net loss to net cash provided by operations:
Amortization of stock-based compensation		1,464
Amortization of deferred financing costs		6,471
Deferred income tax expense		84,091
Change in operating assets and liabilities:
Accounts receivable		25
Prepaids and other		(1,144	)
Accounts payable		(26	)
Other accrued liabilities and other, including intercompany activity		22,120
Net cash used in operating activities		(5,995	)
Cash flows from financing activities:
Proceeds from intercompany DIP financing		10,000
Net cash provided by financing activities		10,000
Net increase in cash and cash equivalents		4,005
Cash and cash equivalents at beginning of period		2
Cash and cash equivalents at end of period	$	4,007