Supplemental Guarantor Financial Information (Tables)

3 Months Ended

Mar. 31, 2018

Supplemental Guarantor Financial Information

Condensed Consolidating Statement of Comprehensive Income

	Three Months Ended
	March 31, 2018
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Revenues	$	—	$	—	$	233,809	$	105,194	$	(2,819)	$	336,184
Operating costs and expenses		5,535		(1)		212,030		109,613		(2,819)		324,358
(Loss) income from operations		(5,535)		1		21,779		(4,419)		—		11,826
Interest expense (income), net, including amortization of deferred financing costs and note discount		—		6,542		10,493		(4,553)		—		12,482
Equity in (earnings) loss of subsidiaries		(1,780)		8,078		14,315		—		(20,613)		—
Other expense (income)		101		135		(5,431)		(6,573)		13,928		2,160
(Loss) income before income taxes		(3,856)		(14,754)		2,402		6,707		6,685		(2,816)
Income tax (benefit) expense		(1,072)		(1,653)		17		2,677		—		(31)
Net (loss) income		(2,784)		(13,101)		2,385		4,030		6,685		(2,785)
Net loss attributable to noncontrolling interests		—		—		—		—		(17)		(17)
Net (loss) income attributable to controlling interests and available to common shareholders		(2,784)		(13,101)		2,385		4,030		6,702		(2,768)
Comprehensive (loss) income attributable to controlling interests	$	22,199	$	(13,098)	$	11,534	$	19,707	$	(18,123)	$	22,219

	Three Months Ended
	March 31, 2017
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Revenues	$	—	$	—	$	257,169	$	102,937	$	(2,534)	$	357,572
Operating costs and expenses		5,899		9,718		236,818		103,563		(2,533)		353,465
(Loss) income from operations		(5,899)		(9,718)		20,351		(626)		(1)		4,107
Interest expense (income), net, including amortization of deferred financing costs and note discount		—		6,091		7,902		(4,459)		(1)		9,533
Equity in (earnings) loss of subsidiaries		(4,744)		(7,376)		(430)		—		12,550		—
Other expense (income)		64		(56)		(32,244)		(5,668)		36,324		(1,580)
(Loss) income before income taxes		(1,219)		(8,377)		45,123		9,501		(48,874)		(3,846)
Income tax (benefit) expense		(325)		(6,144)		3,023		494		—		(2,952)
Net income		(894)		(2,233)		42,100		9,007		(48,874)		(894)
Net income attributable to noncontrolling interests		—		—		—		—		7		7
Net (loss) income attributable to controlling interests and available to common shareholders		(894)		(2,233)		42,100		9,007		(48,881)		(901)
Comprehensive (loss) income attributable to controlling interests	$	7,758	$	(792)	$	44,730	$	13,587	$	(57,532)	$	7,751

Condensed Consolidating Balance Sheets

	As of March 31, 2018
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Assets
Cash and cash equivalents	$	89	$	7	$	29,536	$	17,041	$	—	$	46,673
Accounts and notes receivable, net		—		—		61,249		33,096		—		94,345
Deferred tax asset, net		—		—		—		—		—		—
Other current assets		166		3,025		103,533		103,106		—		209,830
Total current assets		255		3,032		194,318		153,243		—		350,848
Property and equipment, net		—		—		314,805		173,230		(340)		487,695
Intangible assets, net		—		—		147,768		48,330		(720)		195,378
Goodwill		—		—		571,326		208,632		(564)		779,394
Investments in and advances to subsidiaries		415,663		727,597		390,172		—		(1,533,432)		—
Intercompany receivable		10,680		183,237		101,199		473,940		(769,056)		—
Deferred tax asset, net		106		—		(2,103)		7,945		—		5,948
Prepaid expenses, deferred costs, and other noncurrent assets		—		18,485		32,234		24,526		—		75,245
Total assets	$	426,704	$	932,351	$	1,749,719	$	1,089,846	$	(2,304,112)	$	1,894,508
Liabilities and Shareholders' Equity
Current portion of other long-term liabilities		—		1,986		17,658		3,245		(12)		22,877
Accounts payable and accrued liabilities		202		3,261		239,879		119,414		—		362,756
Total current liabilities		202		5,247		257,537		122,659		(12)		385,633
Long-term debt		—		507,607		392,710		15,269		—		915,586
Intercompany payable		7,920		12,461		642,037		110,178		(772,596)		—
Asset retirement obligations		—		—		26,837		34,555		—		61,392
Deferred tax liability, net		—		—		39,462		2,932		—		42,394
Other long-term liabilities		—		249		23,910		46,762		—		70,921
Total liabilities		8,122		525,564		1,382,493		332,355		(772,608)		1,475,926
Shareholders' equity		418,582		406,787		367,226		757,491		(1,531,504)		418,582
Total liabilities and shareholders' equity	$	426,704	$	932,351	$	1,749,719	$	1,089,846	$	(2,304,112)	$	1,894,508

	As of December 31, 2017
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Assets
Cash and cash equivalents	$	89	$	7	$	15,805	$	35,469	$	—	$	51,370
Accounts and notes receivable, net		—		—		55,912		49,333		—		105,245
Deferred tax asset, net		—		—		(3,467)		3,467		—		—
Other current assets		399		1,585		73,848		82,885		—		158,717
Total current assets		488		1,592		142,098		171,154		—		315,332
Property and equipment, net		1		—		312,592		185,477		(168)		497,902
Intangible assets, net		—		—		159,248		51,337		(723)		209,862
Goodwill		—		—		572,274		202,665		—		774,939
Investments in and advances to subsidiaries		385,729		465,347		392,327		—		(1,243,403)		—
Intercompany receivable		10,231		211,540		71,477		486,408		(779,656)		—
Deferred tax asset, net		332		—		1,343		5,250		—		6,925
Prepaid expenses, deferred costs, and other noncurrent assets		—		12,172		28,763		16,821		—		57,756
Total assets	$	396,781	$	690,651	$	1,680,122	$	1,119,112	$	(2,023,950)	$	1,862,716
Liabilities and Shareholders' Equity
Current portion of other long-term liabilities		—		4,892		21,746		4,744		(12)		31,370
Accounts payable and accrued liabilities		978		10,070		205,200		134,932		—		351,180
Total current liabilities		978		14,962		226,946		139,676		(12)		382,550
Long-term debt		—		504,912		394,596		18,213		—		917,721
Intercompany payable		5,410		4,271		673,053		100,410		(783,144)		—
Asset retirement obligations		—		—		25,424		34,496		—		59,920
Deferred tax liability, net		—		—		34,926		2,204		—		37,130
Other long-term liabilities		—		3,998		25,399		45,605		—		75,002
Total liabilities		6,388		528,143		1,380,344		340,604		(783,156)		1,472,323
Shareholders' equity		390,393		162,508		299,778		778,508		(1,240,794)		390,393
Total liabilities and shareholders' equity	$	396,781	$	690,651	$	1,680,122	$	1,119,112	$	(2,023,950)	$	1,862,716

Condensed Consolidating Statement of Cash Flows

	Three Months Ended
	March 31, 2018
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Net cash provided by operating activities	$	2,380	$	300	$	54,106	$	(7,353)	$	—	$	49,433
Additions to property and equipment		—		—		(11,934)		(8,805)		—		(20,739)
Net cash used in investing activities		—		—		(11,934)		(8,805)		—		(20,739)
Proceeds from borrowings under revolving credit facility		—		87,100		7,371		49,031		—		143,502
Repayments of borrowings under revolving credit facility		—		(87,400)		(10,327)		(52,791)		—		(150,518)
Intercompany financing		—		—		(570)		570		—		—
Tax payments related to share-based compensation		(2,379)		—		—		—		—		(2,379)
Proceeds from exercises of stock options		—		—		—		—		—		—
Net cash (used in) provided by financing activities		(2,379)		(300)		(3,526)		(3,190)		—		(9,395)
Effect of exchange rate changes on cash		—		—		(490)		1,174		—		684
Net increase (decrease) in cash, cash equivalents, and restricted cash		1		—		38,156		(18,174)		—		19,983
Cash, cash equivalents, and restricted cash as of beginning of period		89		6		49,612		50,110		—		99,817
Cash, cash equivalents, and restricted cash as of end of period	$	90	$	6	$	87,768	$	31,936	$	—	$	119,800

	Three Months Ended
	March 31, 2017
	Parent		Issuer		Guarantors		Non-Guarantors		Eliminations		Total
	(In thousands)
Net cash provided by operating activities	$	7,551	$	9,038	$	1,301	$	4,818	$	—	$	22,708
Additions to property and equipment		—		—		(29,926)		(8,635)		—		(38,561)
Acquisitions, net of cash acquired		—		—		(465,123)		(19,479)		—		(484,602)
Net cash used in investing activities		—		—		(495,049)		(28,114)		—		(523,163)
Proceeds from borrowings under revolving credit facility		—		123,700		500,000		499		—		624,199
Repayments of borrowings under revolving credit facility		—		(132,900)		—		(499)		—		(133,399)
Proceeds from exercises of stock options		3		—		—		—		—		3
Additional tax (expense) related to share-based compensation		(7,602)		—		—		—		—		(7,602)
Repurchase of common shares		—		—		—		—		—		—
Net cash used in financing activities		(7,599)		(9,200)		500,000		—		—		483,201
Effect of exchange rate changes on cash		—		—		(17)		(1,146)		—		(1,163)
Net increase (decrease) in cash, cash equivalents, and restricted cash		(48)		(162)		6,235		(24,442)		—		(18,417)
Cash, cash equivalents, and restricted cash as of beginning of period		101		7		27,628		78,011		—		105,747
Cash, cash equivalents, and restricted cash as of end of period	$	53	$	(155)	$	33,863	$	53,569	$	—	$	87,330