Business Combinations (Tables)

12 Months Ended

Dec. 31, 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		(24,866	)
Capital lease obligations		(6,750	)
Net assets acquired	$	227,584

Goodwill	$	117,280

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

	(thousands)
Property, plant and equipment	$	293,030
Cash and cash equivalents		7,003
Accounts receivable		6,584
Other assets		5,161
Intangible assets		38,000
Accounts payable, accrued expenses and other liabilities		(8,643	)
Deferred revenue		(12,700	)
Capital lease obligations		(49,195	)
Net assets acquired	$	279,240

Goodwill	$	145,054

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 as of the Spin-Off.

	Year Ended			Period from
(Thousands, except per share data)	December 31, 2016			April 24 - December 31, 2015
Pro forma revenue	$	798,054		$	505,764
Pro forma net (loss) income		(3,581	)		17,609
Pro forma net (loss) income per share	$	(0.02	)	$	0.12

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 the Spin-Off.

	Year Ended		Period from
(Thousands, except per share data)	December 31, 2016		April 24 - December 31, 2015
Pro forma revenue	$	797,637	$	529,911
Pro forma net income		6,264		19,809
Pro forma net income per share	$	0.04	$	0.13