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Supplemental Guarantor Financial Information Supplemental Guarantor Financial Information (Tables)
12 Months Ended
Dec. 31, 2014
Supplemental Guarantor Financial Information [Abstract]  
Supplemental Guarantor Financial Information Tables
Condensed Consolidating Balance Sheet
December 31, 2014
(In Thousands)


 
Issuers
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Eliminations
 
Consolidation
ASSETS
 

 

 

 

 

Current assets
 
$
28

 
$
197,182

 
$
34,277

 
$
—

 
$
231,487

Property, plant, and equipment, net
 
—

 
669,576

 
16,851

 
—

 
686,427

Investments in subsidiaries
 
562,290

 
17,303

 
—

 
(579,593
)
 
—

Intangible and other assets, net
 
9,650

 
303,327

 
1,773

 
—

 
314,750

Intercompany receivables
 
335,151

 
—

 
—

 
(335,151
)
 
—

Total non-current assets
 
907,091

 
990,206

 
18,624

 
(914,744
)
 
1,001,177

Total assets
 
$
907,119

 
$
1,187,388

 
$
52,901

 
$
(914,744
)
 
$
1,232,664


 

 

 

 

 

LIABILITIES AND PARTNERS' CAPITAL
 

 

 

 

 

Current liabilities
 
$
11,634

 
$
116,780

 
$
5,677

 
$
—

 
$
134,091

Amounts payable to affiliate
 
44

 
987

 
5,449

 
—

 
6,480

Long-term debt
 
344,961

 
195,000

 
—

 
—

 
539,961

Intercompany payables
 
—

 
311,389

 
23,762

 
(335,151
)
 
—

Other long-term liabilities
 
199

 
942

 
710

 
—

 
1,851

Total liabilities
 
356,838

 
625,098

 
35,598

 
(335,151
)
 
682,383

Total partners' capital
 
550,281

 
562,290

 
17,303

 
(579,593
)
 
550,281

Total liabilities and partners' capital
 
$
907,119

 
$
1,187,388

 
$
52,901

 
$
(914,744
)
 
$
1,232,664


Condensed Consolidating Balance Sheet
December 31, 2013
(In Thousands)

 
 
Issuers
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Eliminations
 
Consolidation
ASSETS
 

 

 

 

 

Current assets
 
$
28

 
$
26,629

 
$
22,322

 
$
—

 
$
48,979

Property, plant, and equipment, net
 
—

 
90,761

 
11,253

 
—

 
102,014

Investments in subsidiaries
 
173,716

 
16,587

 
—

 
(190,303
)
 
—

Intangible and other assets, net
 
—

 
73,170

 
946

 
—

 
74,116

Intercompany receivables
 
213

 
9,593

 
—

 
(9,806
)
 
—

Total non-current assets
 
173,929

 
190,111

 
12,199

 
(200,109
)
 
176,130

Total assets
 
$
173,957

 
$
216,740

 
$
34,521

 
$
(200,109
)
 
$
225,109


 

 

 

 

 

LIABILITIES AND PARTNERS' CAPITAL
 

 

 

 

 

Current liabilities
 
$
91

 
$
7,585

 
$
5,019

 
$
—

 
$
12,695

Amounts payable to affiliate
 
44

 
1,572

 
2,594

 
—

 
4,210

Long-term debt
 
—

 
29,959

 
—

 
—

 
29,959

Intercompany payables
 
—

 
—

 
9,806

 
(9,806
)
 
—

Other long-term liabilities
 
106

 
3,908

 
515

 
—

 
4,529

Total liabilities
 
241

 
43,024

 
17,934

 
(9,806
)
 
51,393

Total partners' capital
 
173,716

 
173,716

 
16,587

 
(190,303
)
 
173,716

Total liabilities and partners' capital
 
$
173,957

 
$
216,740

 
$
34,521

 
$
(200,109
)
 
$
225,109


Condensed Consolidating Statement of Operations
and Comprehensive Income
December 31, 2014
(In Thousands)

 
 
Issuers
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Eliminations
 
Consolidation
Revenues
 
$
—

 
$
249,284

 
$
49,172

 
$
(15,809
)
 
$
282,647

Cost of revenues (excluding depreciation and amortization expense)
 
—

 
152,940

 
37,536

 
(15,809
)
 
174,667

Selling, general and administrative expense
 
1,544

 
27,306

 
3,250

 
—

 
32,100

Depreciation and amortization
 
—

 
39,828

 
1,330

 
—

 
41,158

Interest expense, net
 
11,507

 
1,354

 
103

 
—

 
12,964

Other expense, net
 
502

 
7,477

 
3,693

 
—

 
11,672

Equity in net income of subsidiaries
 
(24,811
)
 
(1,832
)
 
—

 
26,643

 
—

Income before income tax provision
 
11,258

 
22,211

 
3,260

 
(26,643
)
 
10,086

Provision for income taxes
 
—

 
(2,600
)
 
1,428

 
—

 
(1,172
)
Net income
 
11,258

 
24,811

 
1,832

 
(26,643
)
 
11,258

Other comprehensive income (loss)
 
—

 
—

 
(3,749
)
 
—

 
(3,749
)
Comprehensive income
 
$
11,258

 
$
24,811

 
$
(1,917
)
 
$
(26,643
)
 
$
7,509


Condensed Consolidating Statement of Operations
and Comprehensive Income
December 31, 2013
(In Thousands)

 
 
Issuers
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Eliminations
 
Consolidation
Revenues
 
$
—

 
$
89,936

 
$
42,223

 
$
(10,858
)
 
$
121,301

Cost of revenues (excluding depreciation and amortization expense)
 
—

 
46,028

 
32,946

 
(10,858
)
 
68,116

Selling, general and administrative expense
 
1,459

 
12,514

 
3,494

 
—

 
17,467

Depreciation and amortization
 
—

 
13,229

 
1,413

 
—

 
14,642

Interest expense, net
 
—

 
212

 
257

 
—

 
469

Other expense, net
 
—

 
193

 
589

 
—

 
782

Equity in net income of subsidiaries

 
(19,026
)
 
(1,993
)
 
—

 
21,019

 
—

Income before income tax provision
 
17,567

 
19,753

 
3,524

 
(21,019
)
 
19,825

Provision for income taxes
 
—

 
727

 
1,531

 
—

 
2,258

Net income
 
17,567

 
19,026

 
1,993

 
(21,019
)
 
17,567

Other comprehensive income (loss)
 
—

 
—

 
(591
)
 
—

 
(591
)
Comprehensive income
 
$
17,567

 
$
19,026

 
$
1,402

 
$
(21,019
)
 
$
16,976


Condensed Consolidating Statement of Operations
and Comprehensive Income
December 31, 2012
(In Thousands)

 
 
Issuers
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Eliminations
 
Consolidation
Revenues
 
$
—

 
$
78,903

 
$
40,383

 
$
(10,704
)
 
$
108,582

Cost of revenues (excluding depreciation and amortization expense)
 
—

 
38,365

 
29,839

 
(10,704
)
 
57,500

Selling, general and administrative expense
 
1,905

 
12,759

 
2,606

 
—

 
17,270

Depreciation and amortization
 
—

 
12,284

 
943

 
—

 
13,227

Interest expense, net
 
—

 
(307
)
 
332

 
—

 
25

Other expense, net
 
—

 
277

 
599

 
—

 
876

Equity in net income of subsidiaries

 
(18,236
)
 
(4,038
)
 
—

 
22,274

 
—

Income before income tax provision
 
16,331

 
19,563

 
6,064

 
(22,274
)
 
19,684

Provision for income taxes
 
—

 
1,327

 
2,026

 
—

 
3,353

Net income
 
16,331

 
18,236

 
4,038

 
(22,274
)
 
16,331

Other comprehensive income (loss)
 
—

 
—

 
102

 

 
102

Comprehensive income
 
$
16,331

 
$
18,236

 
$
4,140

 
$
(22,274
)
 
$
16,433


Condensed Consolidating Statement of Cash Flows
December 31, 2014
(In Thousands)

 
 
Issuers
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Eliminations
 
Consolidation
Net cash provided by (used in) operating activities
 
$
14,688

 
$
22,767

 
$
7,364

 
$
—

 
$
44,819

Investing activities:
 
 
 
 
 
 
 
 
 
 
Purchases of property, plant, and equipment, net
 
—

 
(44,313
)
 
(3,824
)
 
—

 
(48,137
)
Acquisition of CSI
 
—

 
(825,000
)
 
—

 
—

 
(825,000
)
Intercompany investment activity
 
(367,512
)
 
(2,633
)
 
 
 
370,145

 
—

Advances and other investing activities
 
 
 
(805
)
 
—

 
 
 
(805
)
Net cash provided by (used in) investing activities
 
(367,512
)
 
(872,751
)
 
(3,824
)
 
370,145

 
(873,942
)
Financing activities:
 
 
 
 
 
 
 
 
 
 
Proceeds from long-term debt
 
344,961

 
257,897

 
—

 
—

 
602,858

Payments of long-term debt
 
—

 
(93,584
)
 
—

 
—

 
(93,584
)
Proceeds from issuance of partnership common units, net of underwriters' discount
 
395,794

 
—

 
—

 
—

 
395,794

Distributions
 
(36,687
)
 
—

 
—

 
—

 
(36,687
)
Payment of financing costs
 
(9,649
)
 
(12,837
)
 
—

 
—

 
(22,486
)
Intercompany contribution (distribution)
 
—

 
367,512

 
2,633

 
(370,145
)
 
—

Intercompany loan activity
 
(350,000
)
 
350,000

 
—

 
—

 
—

Contribution from general partner
 
8,405

 
—

 
—

 
—

 
8,405

Net cash provided by (used in) financing activities
 
352,824

 
868,988

 
2,633

 
(370,145
)
 
854,300

Effect of exchange rate changes on cash
 
—

 
—

 
(588
)
 
—

 
(588
)
Increase (decrease) in cash and cash equivalents
 
—

 
19,004

 
5,585

 
—

 
24,589

Cash and cash equivalents at beginning of period
 
—

 
4,339

 
5,138

 
—

 
9,477

Cash and cash equivalents at end of period
 
$
—

 
$
23,343

 
$
10,723

 
$
—

 
$
34,066


Condensed Consolidating Statement of Cash Flows
December 31, 2013
(In Thousands)

 
 
Issuers
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Eliminations
 
Consolidation
Net cash provided by (used in) operating activities
 
$
—

 
$
21,733

 
$
7,402

 
$
—

 
$
29,135

Investing activities:
 
 
 
 
 
 
 
 
 
 
Purchases of property, plant, and equipment, net
 
—

 
(19,263
)
 
(5,311
)
 
—

 
(24,574
)
Intercompany investment activity
 
26,969

 
—

 
—

 
(26,969
)
 
—

Net cash provided by (used in) investing activities
 
26,969

 
(19,263
)
 
(5,311
)
 
(26,969
)
 
(24,574
)
Financing activities:
 
 
 
 
 
 
 
 
 
 
Proceeds from long-term debt
 
—

 
19,909

 
—

 
—

 
19,909

Distributions
 
(26,969
)
 
—

 
—

 
—

 
(26,969
)
Payment of financing costs
 
—

 
(916
)
 
 
 
—

 
(916
)
Intercompany contribution (distribution)
 
—

 
(26,969
)
 
—

 
26,969

 
—

Intercompany loan activity
 
—

 
291

 
(291
)
 
—

 
—

Net cash provided by (used in) financing activities
 
(26,969
)
 
(7,685
)
 
(291
)
 
26,969

 
(7,976
)
Effect of exchange rate changes on cash
 
—

 
—

 
(74
)
 
—

 
(74
)
Increase (decrease) in cash and cash equivalents
 
—

 
(5,215
)
 
1,726

 
—

 
(3,489
)
Cash and cash equivalents at beginning of period
 
—

 
9,554

 
3,412

 
—

 
12,966

Cash and cash equivalents at end of period
 
$
—

 
$
4,339

 
$
5,138

 
$
—

 
$
9,477


Condensed Consolidating Statement of Cash Flows
December 31, 2012
(In Thousands)

 
 
Issuers
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Eliminations
 
Consolidation
Net cash provided by (used in) operating activities
 
$
—

 
$
32,677

 
$
(1,568
)
 
$
—

 
$
31,109

Investing activities:
 
 
 
 
 
 
 
 
 
 
Purchases of property, plant, and equipment, net
 
—

 
(18,658
)
 
(2,289
)
 
—

 
(20,947
)
Intercompany investment activity
 
24,732

 
—

 
—

 
(24,732
)
 
—

Advances and other investing activities
 
—

 
(39
)
 
—

 
—

 
(39
)
Net cash provided by (used in) investing activities
 
24,732

 
(18,697
)
 
(2,289
)
 
(24,732
)
 
(20,986
)
Financing activities:
 
 
 
 
 
 
 
 
 
 
Proceeds from long-term debt
 
—

 
10,050

 
—

 
—

 
10,050

Distributions
 
(24,732
)
 
—

 
—

 
—

 
(24,732
)
Intercompany contribution (distribution)
 
—

 
(24,732
)
 
—

 
24,732

 
—

Intercompany loan activity
 
—

 
2,746

 
(2,746
)
 
—

 
—

Net cash provided by (used in) financing activities
 
(24,732
)
 
(11,936
)
 
(2,746
)
 
24,732

 
(14,682
)
Effect of exchange rate changes on cash
 
—

 
—

 
49

 
—

 
49

Increase (decrease) in cash and cash equivalents
 
—

 
2,044

 
(6,554
)
 
—

 
(4,510
)
Cash and cash equivalents at beginning of period
 
—

 
7,510

 
9,966

 
—

 
17,476

Cash and cash equivalents at end of period
 
$
—

 
$
9,554

 
$
3,412

 
$
—

 
$
12,966