Business Combinations (Tables)

9 Months Ended

Sep. 30, 2016

Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following is a summary of the estimated fair values of the assets acquired and liabilities assumed:

	(thousands)
Property, plant and equipment	$	163,680
Cash and cash equivalents		14,346
Accounts receivable		3,043
Other assets		2,595
Intangible assets		116,218
Accounts payable, accrued expenses and other liabilities		(16,782	)
Deferred revenue		(23,900	)
Deferred income taxes		(24,840	)
Capital lease obligations		(6,750	)
Net assets acquired	$	227,610

Goodwill	$	117,254

The following is a summary of the estimated fair values of the assets acquired and liabilities assumed:

	(thousands)
Property, plant and equipment	$	293,415
Cash and cash equivalents		7,003
Accounts receivable		6,230
Other assets		5,161
Intangible assets		38,000
Accounts payable, accrued expenses and other liabilities		(9,075	)
Deferred revenue		(12,700	)
Capital lease obligations		(49,195	)
Net assets acquired	$	278,839

Goodwill	$	146,205

Unaudited Pro Forma Summary of Financial Results

The pro forma results are not indicative of future results of operations, or results that might have been achieved had the acquisition been consummated as of April 24, 2015.

	Three Months Ended September 30,					Nine Months Ended			Period from April 24 -
(Thousands, except per share data)	2016			2015		September 30, 2016			September 30, 2015
Pro forma revenue	$	207,142		$	184,728	$	591,185		$	333,226
Pro forma net (loss) income		(1,820	)		6,585		(5,744	)		9,773
Pro forma net (loss) income per share	$	(0.01	)	$	0.04	$	(0.04	)	$	0.06

The pro forma results are not indicative of future results of operations, or results that might have been achieved had the acquisition been consummated as of April 24, 2015.

	Three Months Ended		Nine Months Ended			Period from April 24 -
(Thousands, except per share data)	September 30, 2015		September 30, 2016			September 30, 2015
Pro forma revenue	$	192,968	$	590,717		$	336,035
Pro forma net income (loss)		6,399		(3,349	)		12,624
Pro forma net income (loss) per share	$	0.04	$	(0.02	)	$	0.08