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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2015
Acquisitions  
Allocation of purchase price as of the acquisition date

 

 

Estimated Fair

 

(In thousands)

 

Value

 

Assets:

 

 

 

Cash

 

$

48,058 

 

Accounts receivable

 

153,819 

 

Other current assets

 

58,021 

 

Property, plant and equipment, net

 

89,643 

 

Intangible assets

 

28,784 

 

Goodwill

 

75,634 

 

Other long-term assets

 

7,709 

 

 

 

 

 

Total assets

 

461,668 

 

Liabilities:

 

 

 

Accounts payable

 

$

206,599 

 

Accrued liabilities

 

74,393 

 

Intangible liability

 

13,472 

 

Deferred tax liability

 

4,823 

 

Other long-term liabilities

 

9,400 

 

 

 

 

 

Total liabilities

 

308,687 

 

 

 

 

 

Net assets acquired

 

$

152,981 

 

 

 

 

 

 

 

Schedule of unaudited supplemental pro forma results present consolidated information

 

 

Year Ended

 

 

 

December 31,

 

(In thousands, except per share amounts) 

 

2015

 

2014

 

 

 

 

 

 

 

Operating revenues

 

$

4,035,004

 

$

6,953,218

 

Income (loss) from continuing operations, net of tax

 

(316,633

)

(668,127

)

Income (loss) from continuing operations per share - basic

 

$

(1.09

)

$

(2.27

)

Income (loss) from continuing operations per share - diluted

 

$

(1.09

)

$

(2.27

)