XML 41 R27.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Financial Data
12 Months Ended
Dec. 31, 2016
Quarterly Financial Data [Abstract]  
Quarterly Financial Data

19.QUARTERLY FINANCIAL DATA (unaudited)





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Quarter Ended



 

December 31,

 

September 30,

 

June 30,

 

March 31,



 

2016

 

2016

 

2016

 

2016



 

(in thousands, except per share amounts)

Revenues

 

$

416,505 

 

$

411,319 

 

$

405,532 

 

$

399,769 

Operating income

 

 

107,430 

 

 

108,210 

 

 

74,066 

 

 

97,602 

Depreciation, accretion, and amortization

 

 

(158,554)

 

 

(160,111)

 

 

(159,723)

 

 

(159,801)

Loss from extinguishment of debt, net

 

 

(18,189)

 

 

(34,512)

 

 

 —

 

 

 —

Net income (loss)

 

 

5,256 

 

 

(15,370)

 

 

32,711 

 

 

53,641 



 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per common share - basic

 

$

0.04 

 

$

(0.12)

 

$

0.26 

 

$

0.43 

Net income (loss) per common share - diluted

 

 

0.04 

 

 

(0.12)

 

 

0.26 

 

 

0.43 



 

 

 

 

 

 

 

 

 

 

 

 



 

Quarter Ended



 

December 31,

 

September 30,

 

June 30,

 

March 31,



 

2015

 

2015

 

2015

 

2015



 

(in thousands, except per share amounts)

Revenues

 

$

406,941 

 

$

410,735 

 

$

410,704 

 

$

410,094 

Operating income

 

 

82,129 

 

 

43,083 

 

 

98,163 

 

 

89,081 

Depreciation, accretion, and amortization

 

 

(161,461)

 

 

(164,330)

 

 

(162,377)

 

 

(171,853)

Loss from extinguishment of debt, net

 

 

(783)

 

 

 —

 

 

 —

 

 

 —

Net income (loss)

 

 

31,019 

 

 

(155,946)

 

 

28,305 

 

 

(79,034)



 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per common share - basic

 

$

0.25 

 

$

(1.23)

 

$

0.22 

 

$

(0.61)

Net income (loss) per common share - diluted

 

 

0.24 

 

 

(1.23)

 

 

0.22 

 

 

(0.61)



Basic and diluted net income (loss) per share is computed by dividing net income by the weighted average number of shares for the period. Potentially dilutive instruments have been excluded from the computation of diluted loss per share as their impact would have been anti-dilutive.

Because net income (loss) per share amounts are calculated using the weighted average number of common and dilutive common shares outstanding during each quarter, the sum of the per share amounts for the four quarters may not equal the total loss per share amounts for the year.