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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2014
Acquisitions [Abstract]  
Preliminary purchase price allocation

 

 

 

 

 

 

(In thousands)

Cash and cash equivalents

 

$  

4,782 

Accounts and notes receivable

 

 

619 

Inventory

 

 

863 

Restricted cash

 

 

7,522 

Prepaid expenses, deferred costs, and other current assets

 

 

6,665 

Property and equipment

 

 

29,500 

Deferred tax assets

 

 

28,434 

Intangible assets

 

 

59,673 

Goodwill

 

 

78,727 

Total assets acquired

 

 

216,785 

 

 

 

Accounts payable

 

 

6,052 

Accrued liabilities

 

 

25,368 

Deferred revenue

 

 

56 

Asset retirement obligations

 

 

9,868 

Deferred tax liabilities

 

 

13,613 

Total liabilities assumed

 

 

54,957 

 

 

 

Net assets acquired

 

$  

161,828 

 

Schedule of intangible assets acquired

 

 

 

 

 

 

 

 

Fair Values 

 

Useful Lives 

 

Weighted Average Period Before Next Renewal

 

(In thousands)

Customer contracts

$  

50,291 

 

7 years

 

3.9 years

Trade name 

 

9,096 

 

15 years

 

N/A

Non-compete agreements 

 

286 

 

1 year

 

N/A

Total 

$  

59,673 

 

 

 

 

 

Schedule of Pro Forma Results of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

2012

 

 

As Reported

 

Pro Forma

 

As Reported

 

Pro Forma

 

 

 

 

 

(unaudited)

 

 

 

 

(unaudited)

 

 

(In thousands, excluding per share amounts)

Total revenues 

 

$ 

876,486 

 

$ 

938,962 

 

$ 

780,449 

 

$ 

883,350 

Net income attributable to controlling interests and available to common stockholders 

 

 

23,816 

 

 

24,220 

 

 

43,591 

 

 

42,670 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share – basic

 

$ 

0.52 

 

$ 

0.53 

 

$ 

0.97 

 

$ 

0.95 

Earnings per share – diluted

 

$ 

0.52 

 

$ 

0.53 

 

$ 

0.96 

 

$ 

0.94