XML 38 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Condensed Consolidated Statements of Income        
Revenue $ 77,458 $ 68,365 $ 152,349 $ 133,769
Operating expenses:        
Cost of revenue, excluding depreciation and amortization 43,112 28,964 74,539 56,724
General and administrative 79,102 17,791 97,403 34,388
Depreciation and amortization 10,237 8,478 20,096 17,046
Loss (gain) on disposal of property and equipment 15 485 (31) 1,091
Total operating expenses 132,466 55,718 192,007 109,249
Income (loss) from operations (55,008) 12,647 (39,658) 24,520
Other income (expense):        
Interest expense, net (3,775) (4,966) (8,354) (10,430)
Extinguishment of debt (638) (2,886) (638) (2,886)
Management fee of related party (267) (230) (553) (460)
Total other income (expense), net (4,680) (8,082) (9,545) (13,776)
Income (loss) before income taxes (59,688) 4,565 (49,203) 10,744
Provision for (benefit from) income taxes (5,871) 2,128 (1,360) 5,011
Net income (loss) $ (53,817) $ 2,437 $ (47,843) $ 5,733
Earnings (net loss) per share:        
Basic (in dollars per share) $ (1.15) $ 0.06 $ (1.06) $ 0.13
Diluted (in dollars per share) $ (1.15) $ 0.06 $ (1.06) $ 0.13
Weighted average shares of common stock outstanding:        
Basic (in dollars per share) 46,803 43,313 45,058 43,313
Diluted (in dollars per share) 46,963 43,313 45,218 43,313