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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 64,583 $ 25,900
Accounts receivable, net of allowance of $2,951 and $7,917 as of December 31, 2016 and 2015 respectively 137,222 274,691
Inventories, net 54,471 102,257
Prepaid and other current assets 37,392 72,560
Deferred tax assets 6,020 9,035
Total current assets 299,688 484,443
Property, plant and equipment, net of accumulated depreciation of $683,189 and $499,894 at December 31, 2016 and 2015, respectively 950,811 1,210,441
Other assets:    
Goodwill 307,677
Intangible assets, net 76,057 147,861
Deferred financing costs, net of accumulated amortization of $6,396 as of December 31, 2015 14,355
Other noncurrent assets 35,045 34,175
Total assets 1,361,601 2,198,952
Current liabilities:    
Accounts payable 75,193 184,859
Payroll and related costs 18,287 10,516
Accrued expenses 59,129 52,069
DIP Facility 25,000
Current portion of debt and capital lease obligations 13,433
Related party payables 28,206
Other current liabilities 3,026 1,785
Total current liabilities 180,635 290,868
Deferred tax liabilities 15,613 149,151
Long-term debt and capital lease obligations, net of original issue discount and financing costs of $86,368 as of December 31, 2015 1,108,123
Other long-term liabilities 18,577 18,167
Total liabilities not subject to compromise 214,825 1,566,309
Liabilities subject to compromise 1,445,346
Commitments and contingencies
Shareholders’ equity    
Common shares, par value of $0.01, 750,000,000 shares authorized, 119,529,942 and 120,420,120 issued and outstanding as of December 31, 2016 and 2015, respectively 1,195 1,204
Additional paid-in capital 1,009,426 997,766
Accumulated other comprehensive loss (2,600) (4,025)
Retained deficit (1,306,591) (362,302)
Total shareholders’ equity (deficit) (298,570) 632,643
Total liabilities and shareholders’ equity (deficit) $ 1,361,601 $ 2,198,952