Note 2 - Chapter 11 Proceeding and Emergence (Tables)

12 Months Ended

Dec. 31, 2016

	December 31, 2016
Revolving Credit Facility	$	284,400
Five-Year Term Loans		569,250
Seven-Year Term Loans		480,150
Total debt subject to compromise		1,333,800
Accrued interest on debt subject to compromise		37,516
Accounts payable and other estimated allowed claims		60,780
Related party payables		13,250
Total liabilities subject to compromise	$	1,445,346

	Year Ended December 31, 2016
Professional fees	$	41,240
Contract termination settlements		20,383
Revision of estimated claims		782
Related party settlement		(5,226	)
Vendor claims adjustment		(1,849	)
Total reorganization items	$	55,330

	December 31, 2016

ASSETS
Current assets:
Cash and cash equivalents	$	47,780
Accounts receivable, net of allowance of $2,951		136,608
Inventories, net		52,413
Prepaid and other current assets		36,801
Deferred tax assets		5,817
Total current assets		279,419
Property, plant and equipment, net of accumulated depreciation of $681,788		950,207
Intangible assets, net		59,934
Investments in non-debtor subsidiaries		7,489
Intercompany receivables from non-debtor subsidiaries		42,909
Other noncurrent assets		33,397
Total assets	$	1,373,355
LIABILITIES AND SHAREHOLDERS' DEFICIT
Current liabilities:
Accounts payable	$	74,993
Accrued expenses and other		76,624
DIP Facility		25,000
Total current liabilities		176,617
Deferred tax liabilities		15,196
Intercompany payables to non-debtor subsidiaries		3,557
Other long-term liabilities		11,903
Total liabilities not subject to compromise		207,273
Liabilities subject to compromise		1,445,346
Total liabilities		1,652,619
Total shareholders' deficit		(279,264	)
Total liabilities and shareholders’ deficit	$	1,373,355

	Year Ended December 31, 2016
Revenue	$	970,837
Costs and expenses:
Direct costs		940,352
Selling, general and administrative expenses		238,679
Research and development		7,718
Depreciation and amortization		214,335
Impairment expense		423,216
(Gain) loss on disposal of assets		3,097
Operating loss		(856,560	)
Other income (expense):
Interest expense, net		(155,132	)
Equity in losses of non-debtor subsidiaries		(30,133	)
Other income (expense), net		19,375
Total other income (expense)		(165,890	)
Loss before reorganization items and income taxes		(1,022,450	)
Reorganization items		55,330
Income tax benefit		(133,768	)
Net loss		(944,012	)
Comprehensive loss, net of income taxes:
Net loss		(944,012	)
Other comprehensive income (loss):
Foreign currency translation gain (loss), net of tax		1,425
Comprehensive loss	$	(942,587	)

	Year Ended December 31, 2016
Cash flows from operating activities:
Net loss	$	(944,012	)
Adjustments to reconcile net loss to net cash used in operating activities		855,421
Net cash used in operating activities		(88,591	)
Cash flows from investing activities:
Purchases of and deposits on property, plant and equipment		(54,499	)
Proceeds from disposal of property, plant and equipment		32,786
Investment in unconsolidated affiliate		(408	)
Payments made for business acquisitions, net of cash acquired		(1,419	)
Investment in non-debtor subsidiaries		(8,244	)
Payments made for intercompany receivables		(8,538	)
Net cash used in investing activities		(40,322	)
Cash flows from financing activities:
Proceeds from revolving debt		174,000
Payments on revolving debt		(10,600	)
Payments on term loans		(2,650	)
Proceeds from DIP Facility		23,000
Payments of capital lease obligations		(2,388	)
Financing costs		(1,009	)
Payments on non-debtor intercompany notes		(2,281	)
Employee tax withholding on restricted shares vesting		(497	)
Excess tax expense from share-based compensation		(5,592	)
Net cash provided by financing activities		171,983

Effect of exchange rate changes on cash		(2,129	)

Net increase in cash and cash equivalents		40,941
Cash and cash equivalents, beginning of period		6,839
Cash and cash equivalents, end of period	$	47,780