Supplemental Guarantor Financial Information (Tables)

12 Months Ended

Dec. 31, 2019

Supplemental Guarantor Financial Information

Condensed Consolidating Statement of Comprehensive Income

	Year Ended December 31, 2019
	Parent			Issuers			Guarantors			Non-Guarantors			Eliminations			Total
	(In thousands)
Revenues	$	—		$	668,527		$	351,330		$	402,079		$	(72,531	)	$	1,349,405
Operating costs and expenses	35,637			625,953			273,140			389,419			(72,831		)	1,251,318
Loss on disposal and impairment of assets	—			1,841			7,355			2,457			—			11,653
(Loss) income from operations	(35,637		)	40,733			70,835			10,203			300			86,434
Interest expense (income), net, including amortization of deferred financing costs and note discount	—			33,704			18,640			(12,536		)	243			40,051
Equity in earnings of subsidiaries	(77,107		)	(30,928		)	(79,021		)	(1,655		)	188,711			—
Other (income) expense	(30		)	2,926			63,519			(7,699		)	(77,120		)	(18,404		)
Income before income taxes	41,500			35,031			67,697			32,093			(111,534		)	64,787
Income tax (benefit) expense	(6,765		)	14,485			3,745			5,057			—			16,522
Net income	48,265			20,546			63,952			27,036			(111,534		)	48,265
Net loss attributable to noncontrolling interests	—			—			—			—			(9		)	(9		)
Net income attributable to controlling interests and available to common shareholders	48,265			20,546			63,952			27,036			(111,525		)	48,274
Other comprehensive loss attributable to controlling interest	(11,010		)	(9,554		)	(13,804		)	(12,833		)	36,191			(11,010		)
Comprehensive income attributable to controlling interests	$	37,255		$	10,992		$	50,148		$	14,203		$	(75,334	)	$	37,264

	Year Ended December 31, 2018
	Parent			Issuers			Guarantors		Non-Guarantors			Eliminations			Total
	(In thousands)
Revenues	$	—		$	631,089		$	361,995	$	419,629		$	(67,470	)	$	1,345,243
Operating costs and expenses	30,539			610,739			271,360		411,724			(67,202		)	1,257,160
Loss (gain) on disposal and impairment of assets	—			12,170			270		(9,219		)	14,652			17,873
(Loss) income from operations	(30,539		)	8,180			90,365		17,124			(14,920		)	70,210
Interest expense (income), net, including amortization of deferred financing costs and note discount	—			49,466			18,832		(18,163		)	181			50,316
Redemption costs for early extinguishment of debt	—			6,408			—		—			—			6,408
Equity in (earnings) loss of subsidiaries	(28,360		)	(77,725		)	41,172		(370		)	65,283			—
Other (income) expense	(40		)	(3,694		)	8,486		7,569			(12,948		)	(627		)
(Loss) income before income taxes	(2,139		)	33,725			21,875		28,088			(67,436		)	14,113
Income tax (benefit) expense	(5,795		)	4,996			2,168		9,088			—			10,457
Net income	3,656			28,729			19,707		19,000			(67,436		)	3,656
Net loss attributable to noncontrolling interests	—			—			—		—			(20		)	(20		)
Net income attributable to controlling interests and available to common shareholders	3,656			28,729			19,707		19,000			(67,416		)	3,676
Other comprehensive (loss) income attributable to controlling interest	(33,285		)	5,930			13,422		(1,720		)	(17,632		)	(33,285		)
Comprehensive (loss) income attributable to controlling interests	$	(29,629	)	$	34,659		$	33,129	$	17,280		$	(85,048	)	$	(29,609	)

	Year Ended December 31, 2017
	Parent			Issuers			Guarantors			Non-Guarantors			Eliminations			Total
	(In thousands)
Revenues	$	—		$	832,317		$	337,339		$	459,814		$	(121,871	)	$	1,507,599
Operating costs and expenses	29,967			733,725			306,641			434,851			(121,872		)	1,383,312
Loss on disposal and impairment of assets	48			10,348			215,963			1,437			—			227,796
(Loss) income from operations	(30,015		)	88,244			(185,265		)	23,526			1			(103,509		)
Interest expense (income), net, including amortization of deferred financing costs and note discount	—			46,560			18,532			(17,480		)	(2		)	47,610
Equity in loss (earnings) of subsidiaries	121,145			(13,185		)	(79,224		)	(24		)	(28,712		)	—
Other (income) expense	(130		)	2,369			167,994			(13,659		)	(153,050		)	3,524
(Loss) income before income tax	(151,030		)	52,500			(292,567		)	54,689			181,765			(154,643		)
Income tax (benefit) expense	(5,679		)	4,729			(12,347		)	4,005			—			(9,292		)
Net (loss) income	(145,351		)	47,771			(280,220		)	50,684			181,765			(145,351		)
Net loss attributable to noncontrolling interests	—			—			—			—			(1		)	(1		)
Net (loss) income attributable to controlling interests and available to common shareholders	(145,351		)	47,771			(280,220		)	50,684			181,766			(145,350		)
Other comprehensive (loss) income attributable to controlling interests	73,540			2,665			17,060			(29,532		)	9,806			73,539
Comprehensive (loss) income attributable to controlling interests	$	(71,811	)	$	50,436		$	(263,160	)	$	21,152		$	191,572		$	(71,811	)

Condensed Consolidating Balance Sheets

	As of December 31, 2019
	Parent		Issuers		Guarantors			Non-Guarantors			Eliminations			Total
	(In thousands)
Assets
Cash and cash equivalents	$	46	$	6,063	$	4,182		$	19,824		$	—		$	30,115
Restricted cash	—		54,207		16,140			17,007			—			87,354
Accounts and notes receivable, net	—		50,423		18,732			26,640			—			95,795
Other current assets	—		36,075		2,734			56,448			—			95,257
Total current assets	46		146,768		41,788			119,919			—			308,521
Property and equipment, net	—		265,543		58,399			137,335			—			461,277
Intangible assets, net	—		37,320		63,014			13,591			—			113,925
Goodwill	—		445,046		162,907			144,639			—			752,592
Operating lease assets	—		33,833		8,847			33,868			—			76,548
Investments in and advances to subsidiaries	429,715		258,038		282,032			49,915			(1,019,700		)	—
Intercompany receivable	22,475		159,142		913,238			(206,708		)	(888,147		)	—
Deferred tax asset, net	152		—		(1,563		)	14,570			—			13,159
Prepaid expenses, deferred costs, and other noncurrent assets	—		26,863		1,657			9,416			—			37,936
Total assets	$	452,388	$	1,372,553	$	1,530,319		$	316,545		$	(1,907,847	)	$	1,763,958
Liabilities and Shareholders' Equity
Current portion of other long-term liabilities	—		12,991		17,994			22,159			—			53,144
Accounts payable and accrued liabilities	814		229,744		48,772			101,910			—			381,240
Total current liabilities	814		242,735		66,766			124,069			—			434,384
Long-term debt	—		597,648		2,414			139,413			—			739,475
Intercompany payable	71,248		79,893		968,691			(231,707		)	(888,125		)	—
Asset retirement obligations	—		22,304		4,380			28,810			—			55,494
Noncurrent operating lease liabilities	—		41,170		5,956			22,405			—			69,531
Deferred tax liability, net	—		44,478		1,586			814			—			46,878
Other long-term liabilities	—		20,319		1,530			16,021			—			37,870
Total liabilities	72,062		1,048,547		1,051,323			99,825			(888,125		)	1,383,632
Shareholders' equity	380,326		324,006		478,996			216,720			(1,019,722		)	380,326
Total liabilities and shareholders' equity	$	452,388	$	1,372,553	$	1,530,319		$	316,545		$	(1,907,847	)	$	1,763,958

	As of December 31, 2018
	Parent		Issuers		Guarantors			Non-Guarantors		Eliminations			Total
	(In thousands)
Assets
Cash and cash equivalents	$	90	$	14,961	$	8,966		$	15,923	$	—		$	39,940
Restricted Cash	—		112,331		27,813			15,326		—			155,470
Accounts and notes receivable, net	—		34,005		12,064			29,574		—			75,643
Other current assets	—		35,484		3,699			56,595		—			95,778
Total current assets	90		196,781		52,542			117,418		—			366,831
Property and equipment, net	—		259,332		54,992			145,863		—			460,187
Intangible assets, net	—		46,007		75,676			29,164		—			150,847
Goodwill	—		445,046		164,345			139,753		—			749,144
Investments in and advances to subsidiaries	375,535		422,379		402,000			47,170		(1,247,084		)	—
Intercompany receivable	7,411		233,663		79,832			363,922		(684,828		)	—
Deferred tax asset, net	342		—		(1,688		)	10,004		—			8,658
Prepaid expenses, deferred costs, and other noncurrent assets	—		33,200		2,211			16,266		—			51,677
Total assets	$	383,378	$	1,636,408	$	829,910		$	869,560	$	(1,931,912	)	$	1,787,344
Liabilities and Shareholders' Equity
Current portion of other long-term liabilities	—		3,888		10,665			5,713		—			20,266
Accounts payable and accrued liabilities	642		258,550		54,571			94,707		—			408,470
Total current liabilities	642		262,438		65,236			100,420		—			428,736
Long-term debt	—		614,804		(5		)	203,686		—			818,485
Intercompany payable	5,964		163,732		424,612			93,764		(688,072		)	—
Asset retirement obligations	—		21,628		4,778			28,007		—			54,413
Deferred tax liability, net	—		37,550		2,102			1,546		—			41,198
Other long-term liabilities	—		24,847		3,771			39,122		—			67,740
Total liabilities	6,606		1,124,999		500,494			466,545		(688,072		)	1,410,572
Shareholders' equity	376,772		511,409		329,416			403,015		(1,243,840		)	376,772
Total liabilities and shareholders' equity	$	383,378	$	1,636,408	$	829,910		$	869,560	$	(1,931,912	)	$	1,787,344

Condensed Consolidating Statement of Cash Flows

	Year Ended December 31, 2019
	Parent			Issuers			Guarantors			Non-Guarantors			Eliminations		Total
	(In thousands)
Net cash provided by operating activities	$	54,255		$	44,833		$	325		$	105,246		$	—	$	204,659
Additions to property and equipment	—			(74,589		)	(17,334		)	(32,983		)	—		(124,906		)
Acquisitions, net of cash acquired	—			(9,100		)	—			—			—		(9,100		)
Net cash used in investing activities	—			(83,689		)	(17,334		)	(32,983		)	—		(134,006		)
Proceeds from borrowings under revolving credit facility	—			424,900			39,673			191,753			—		656,326
Repayments of borrowings under revolving credit facility	—			(454,900		)	(36,999		)	(260,140		)	—		(752,039		)
Intercompany financing	—			2,919			(3,416		)	497			—		—
Tax payments related to share-based compensation	(4,050		)	—			—			—			—		(4,050		)
Proceeds from exercises of stock options	3			—			—			—			—		3
Debt issuance, modification, and redemption costs	—			(1,085		)	—			—			—		(1,085		)
Repurchase of common shares	(50,252		)	—			—			—			—		(50,252		)
Net cash used in financing activities	(54,299		)	(28,166		)	(742		)	(67,890		)	—		(151,097		)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	—			—			1,294			1,209			—		2,503
Net (decrease) increase in cash, cash equivalents, and restricted cash	(44		)	(67,022		)	(16,457		)	5,582			—		(77,941		)
Cash, cash equivalents, and restricted cash as of beginning of period	90			127,292			36,779			31,249			—		195,410
Cash, cash equivalents, and restricted cash as of end of period	$	46		$	60,270		$	20,322		$	36,831		$	—	$	117,469

	Year Ended December 31, 2018
	Parent			Issuers			Guarantors			Non-Guarantors			Eliminations		Total
	(In thousands)
Net cash provided by operating activities	5,578			233,860			74,375			20,389			—		$	334,202
Additions to property and equipment	—			(58,106		)	(14,389		)	(34,710		)	—		(107,205		)
Acquisitions, net of cash acquired	—			(1,150		)	—			—			—		(1,150		)
Net cash used in investing activities	—			(59,256		)	(14,389		)	(34,710		)	—		(108,355		)
Proceeds from borrowings under revolving credit facility	—			440,000			47,208			395,555			—		882,763
Repayments of borrowings under revolving credit facility	—			(461,701		)	(73,806		)	(209,641		)	—		(745,148		)
Redemption of long-term notes	—			(250,000		)	—			—			—		(250,000		)
Intercompany financing	—			197,910			(14,108		)	(183,802		)	—		—
Tax payments related to share-based compensation	(5,591		)	—			—			—			—		(5,591		)
Proceeds from exercise of stock options	14			—			—			—			—		14
Debt issuance, modification, and redemption costs	—			(8,430		)	—			—			—		(8,430		)
Net cash (used in) provided by financing activities	(5,577		)	(82,221		)	(40,706		)	2,112			—		(126,392		)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	—			—			(2,227		)	(1,635		)	—		(3,862		)
Net increase (decrease) in cash, cash equivalents, and restricted cash	1			92,383			17,053			(13,844		)	—		95,593
Cash, cash equivalents, and restricted cash as of beginning of period	89			34,909			19,726			45,093			—		99,817
Cash, cash equivalents, and restricted cash as of end of period	$	90		$	127,292		$	36,779		$	31,249		$	—	$	195,410

	Year Ended December 31, 2017
	Parent			Issuers			Guarantors			Non-Guarantors			Eliminations		Total
	(In thousands)
Net cash provided by (used in) operating activities	$	8,388		$	205,400		$	(8,039	)	$	24,838		$	—	$	230,587
Additions to property and equipment	—			(72,395		)	(15,785		)	(55,960		)	—		(144,140		)
Acquisitions, net of cash acquired	—			(346		)	(464,777		)	(19,479		)	—		(484,602		)
Net cash used in investing activities	—			(72,741		)	(480,562		)	(75,439		)	—		(628,742		)
Proceeds from borrowings under revolving credit facility	—			852,600			104,137			124,952			—		1,081,689
Repayments of borrowings under revolving credit facility	—			(789,600		)	(79,144		)	(107,417		)	—		(976,161		)
Proceeds from borrowings of long-term debt	—			300,000			—			—			—		300,000
Debt issuance costs	—			(5,704		)	—			—			—		(5,704		)
Intercompany financing	—			(482,606		)	477,100			5,506			—		—
Tax payments related to share-based compensation	(8,504		)	—			—			—			—		(8,504		)
Proceeds from exercise of stock options	104			—			—			—			—		104
Net cash (used in) provided by financing activities	(8,400		)	(125,310		)	502,093			23,041			—		391,424
Effect of exchange rate changes on cash	—			—			980			(179		)	—		801
Net (decrease) increase in cash and cash equivalents	(12		)	7,349			14,472			(27,739		)	—		(5,930		)
Cash and cash equivalents as of beginning of period	101			27,560			5,254			72,832			—		105,747
Cash and cash equivalents as of end of period	$	89		$	34,909		$	19,726		$	45,093		$	—	$	99,817