Supplemental Guarantor Financial Information (Tables)

6 Months Ended

Jun. 30, 2017

Supplemental Guarantor Financial Information

Condensed Consolidating Statement of Comprehensive Income

	Three Months Ended June 30, 2017
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Revenues	$	—	$	—	$	269,435	$	118,839	$	(3,162)	$	385,112
Operating costs and expenses		6,797		2,733		230,975		112,434		(2,205)		350,734
(Loss) income from operations		(6,797)		(2,733)		38,460		6,405		(957)		34,378
Interest expense (income), net, including amortization of deferred financing costs and note discount		—		6,319		10,660		(4,373)		—		12,606
Equity in (earnings) of subsidiaries		(21,932)		(17,952)		(5,728)		—		45,612		—
Other (income) expense		(296)		(125)		5,562		576		(3,772)		1,945
Income before income taxes		15,431		9,025		27,966		10,202		(42,797)		19,827
Income tax expense (benefit)		274		(3,482)		8,849		(971)		—		4,670
Net income		15,157		12,507		19,117		11,173		(42,797)		15,157
Net loss attributable to noncontrolling interests		—		—		—		—		(1)		(1)
Net income attributable to controlling interests and available to common stockholders		15,157		12,507		19,117		11,173		(42,796)		15,158
Comprehensive income attributable to controlling interests	$	45,368	$	12,506	$	20,625	$	39,883	$	(73,015)	$	45,367

	Three Months Ended June 30, 2016
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Revenues	$	—	$	—	$	229,963	$	97,036	$	(3,038)	$	323,961
Operating costs and expenses		—		6,556		197,765		84,312		(3,038)		285,595
(Loss) income from operations		—		(6,556)		32,198		12,724		—		38,366
Interest expense, net, including amortization of deferred financing costs and note discount		—		6,479		196		773		—		7,448
Equity in (earnings) losses of subsidiaries		(20,114)		(22,079)		482		—		41,711		—
Other expense (income)		—		271		(965)		1,653		(16)		943
Income before income taxes		20,114		8,773		32,485		10,298		(41,695)		29,975
Income tax (benefit) expense		—		(5,190)		12,388		2,663		—		9,861
Net income		20,114		13,963		20,097		7,635		(41,695)		20,114
Net loss attributable to noncontrolling interests		—		—		—		—		(34)		(34)
Net income attributable to controlling interests and available to common stockholders		20,114		13,963		20,097		7,635		(41,661)		20,148
Comprehensive (loss) income attributable to controlling interests	$	(3,731)	$	10,649	$	19,263	$	(12,227)	$	(17,651)	$	(3,697)

	Six Months Ended June 30, 2017
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Revenues	$	—	$	—	$	526,604	$	221,726	$	(5,646)	$	742,684
Operating expenses		12,696		12,451		467,046		215,626		(3,620)		704,199
(Loss) income from operations		(12,696)		(12,451)		59,558		6,100		(2,026)		38,485
Interest expense (income), net, including amortization of deferred financing costs and note discount		—		12,410		18,562		(8,833)		—		22,139
Equity in (earnings) of subsidiaries		(26,676)		(25,328)		(5,566)		—		57,570		—
Other (income) expense		(232)		(179)		21,259		(5,092)		(15,391)		365
Income before income taxes		14,212		646		25,303		20,025		(44,205)		15,981
Income tax (benefit) expense		(51)		(9,625)		12,028		(634)		—		1,718
Net income		14,263		10,271		13,275		20,659		(44,205)		14,263
Net income attributable to noncontrolling interests		—		—		—		—		6		6
Net income attributable to controlling interests and available to common shareholders		14,263		10,271		13,275		20,659		(44,211)		14,257
Comprehensive income attributable to controlling interests	$	53,124	$	11,716	$	25,808	$	45,544	$	(83,074)	$	53,118

	Six Months Ended June 30, 2016
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Revenues	$	—	$	—	$	447,669	$	185,286	$	(5,747)	$	627,208
Operating expenses		—		14,058		386,885		163,609		(5,743)		558,809
(Loss) income from operations		—		(14,058)		60,784		21,677		(4)		68,399
Interest expense, net, including amortization of deferred financing costs and note discount		—		12,848		319		1,555		—		14,722
Equity in (earnings) losses of subsidiaries		(35,473)		(44,302)		2,977		—		76,798		—
Other (income) expense		—		(74)		(2,074)		2,552		(16)		388
Income before income taxes		35,473		17,470		59,562		17,570		(76,786)		53,289
Income tax (benefit) expense		—		(10,464)		24,101		4,179		—		17,816
Net income		35,473		27,934		35,461		13,391		(76,786)		35,473
Net loss attributable to noncontrolling interests		—		—		—		—		(59)		(59)
Net income attributable to controlling interests and available to common shareholders		35,473		27,934		35,461		13,391		(76,727)		35,532
Comprehensive (loss) income attributable to controlling interests	$	(4,449)	$	23,335	$	25,939	$	(12,452)	$	(36,763)	$	(4,390)

Condensed Consolidating Balance Sheets

	As of June 30, 2017
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Assets
Cash and cash equivalents	$	403	$	229	$	12,048	$	40,497	$	—	$	53,177
Accounts and notes receivable, net		—		—		55,377		43,374		—		98,751
Other current assets		98		558		70,968		75,846		—		147,470
Total current assets		501		787		138,393		159,717		—		299,398
Property and equipment, net		—		—		340,654		164,800		—		505,454
Intangible assets, net		—		—		225,813		52,658		—		278,471
Goodwill		—		—		711,507		191,594		—		903,101
Investments in and advances to subsidiaries		511,544		397,017		474,276		—		(1,382,837)		—
Intercompany receivable		8,414		197,147		712,021		891,374		(1,808,956)		—
Deferred tax asset, net		585		—		1,491		7,651		—		9,727
Prepaid expenses, deferred costs, and other noncurrent assets		—		296		23,165		15,420		—		38,881
Total assets	$	521,044	$	595,247	$	2,627,320	$	1,483,214	$	(3,191,793)	$	2,035,032
Liabilities and Shareholders' Equity
Current portion of other long-term liabilities		—		49		27,060		5,696		(12)		32,793
Accounts payable and accrued liabilities		580		10,402		209,424		124,989		—		345,395
Total current liabilities		580		10,451		236,484		130,685		(12)		378,188
Long-term debt		—		494,145		465,152		14,042		—		973,339
Intercompany payable		12,391		4,589		1,153,416		638,560		(1,808,956)		—
Asset retirement obligations		—		—		27,989		29,107		—		57,096
Deferred tax liability, net		—		—		47,211		2,704		—		49,915
Other long-term liabilities		—		1,713		21,673		45,035		—		68,421
Total liabilities		12,971		510,898		1,951,925		860,133		(1,808,968)		1,526,959
Shareholders' equity		508,073		84,349		675,395		623,081		(1,382,825)		508,073
Total liabilities and shareholders' equity	$	521,044	$	595,247	$	2,627,320	$	1,483,214	$	(3,191,793)	$	2,035,032

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	As of December 31, 2016
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Assets
Cash and cash equivalents	$	101	$	7	$	6,995	$	66,431	$	—	$	73,534
Accounts and notes receivable, net		—		—		59,375		24,781		—		84,156
Other current assets		—		1,468		52,087		58,292		—		111,847
Total current assets		101		1,475		118,457		149,504		—		269,537
Property and equipment, net		—		—		271,142		121,593		—		392,735
Intangible assets, net		—		—		89,028		32,202		—		121,230
Goodwill		—		—		450,229		82,846		—		533,075
Investments in and advances to subsidiaries		452,014		748,278		872,795		—		(2,073,087)		—
Intercompany receivable		12,962		297,790		251,754		1,615,808		(2,178,314)		—
Deferred tax asset, net		537		—		1,462		11,005		—		13,004
Prepaid expenses, deferred costs, and other noncurrent assets		—		504		22,098		12,513		—		35,115
Total assets	$	465,614	$	1,048,047	$	2,076,965	$	2,025,471	$	(4,251,401)	$	1,364,696
Liabilities and Shareholders' Equity
Current portion of other long-term liabilities		—		—		22,662		5,591		(16)		28,237
Accounts payable and accrued liabilities		(15)		17,152		179,489		89,024		(67)		285,583
Total current liabilities		(15)		17,152		202,151		94,615		(83)		313,820
Long-term debt		—		502,539		—		—		—		502,539
Intercompany payable		8,694		82,660		1,248,493		838,467		(2,178,314)		—
Asset retirement obligations		—		—		21,746		23,340		—		45,086
Deferred tax liability, net		—		—		24,953		2,672		—		27,625
Other long-term liabilities		—		504		14,305		3,882		—		18,691
Total liabilities		8,679		602,855		1,511,648		962,976		(2,178,397)		907,761
Shareholders' equity		456,935		445,192		565,317		1,062,495		(2,073,004)		456,935
Total liabilities and shareholders' equity	$	465,614	$	1,048,047	$	2,076,965	$	2,025,471	$	(4,251,401)	$	1,364,696

Condensed Consolidating Statement of Cash Flows

	Six Months Ended June 30, 2017
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Net cash provided by operating activities	$	8,017	$	14,322	$	57,477	$	4,763	$	—	$	84,579
Additions to property and equipment		—		—		(43,613)		(26,255)		—		(69,868)
Acquisitions, net of cash acquired		—		—		(467,598)		(19,479)		—		(487,077)
Net cash used in investing activities		—		—		(511,211)		(45,734)		—		(556,945)
Proceeds from borrowings under revolving credit facility		—		218,000		586,778		30,727		—		835,505
Repayments of borrowings under revolving credit facility		—		(232,100)		(417,279)		(16,877)		—		(666,256)
Proceeds from borrowings of long-term debt		—		—		300,000		—		—		300,000
Debt issuance costs		—		—		(5,197)		—		—		(5,197)
Intercompany financing		—		—		(3,217)		3,217		—		—
Tax payments related to share-based compensation		(7,820)		—		—		—		—		(7,820)
Proceeds from exercises of stock options		105		—		—		—		—		105
Net cash (used in) provided by financing activities		(7,715)		(14,100)		461,085		17,067		—		456,337
Effect of exchange rate changes on cash		—		—		(2,298)		(2,030)		—		(4,328)
Net increase (decrease) in cash and cash equivalents		302		222		5,053		(25,934)		—		(20,357)
Cash and cash equivalents as of beginning of period		101		7		6,995		66,431		—		73,534
Cash and cash equivalents as of end of period	$	403	$	229	$	12,048	$	40,497	$	—	$	53,177

	Six Months Ended June 30, 2016
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Net cash provided by operating activities	$	—	$	48,940	$	28,784	$	46,863	$	—	$	124,587
Additions to property and equipment		—		—		(17,520)		(22,051)		—		(39,571)
Acquisitions, net of cash acquired		—		—		(14,544)		—		—		(14,544)
Proceeds from sale of assets and businesses		—		—		—		9,348		—		9,348
Net cash used in investing activities		—		—		(32,064)		(12,703)		—		(44,767)
Proceeds from borrowings under revolving credit facility		—		120,100		—		14,207		—		134,307
Repayments of borrowings under revolving credit facility		—		(182,700)		—		(33,300)		—		(216,000)
Intercompany financing		—		17,911		—		(17,911)		—		—
Proceeds from exercises of stock options		—		145		—		—		—		145
Additional tax (expense) related to share-based compensation		—		(343)		—		—		—		(343)
Repurchase of common shares		—		(3,959)		—		—		—		(3,959)
Net cash used in financing activities		—		(48,846)		—		(37,004)		—		(85,850)
Effect of exchange rate changes on cash		—		—		(861)		246		—		(615)
Net increase (decrease) in cash and cash equivalents		—		94		(4,141)		(2,598)		—		(6,645)
Cash and cash equivalents as of beginning of period		—		782		6,200		19,315		—		26,297
Cash and cash equivalents as of end of period	$	—	$	876	$	2,059	$	16,717	$	—	$	19,652