As disclosed in Note 1 of the Form 10-K for the fiscal year ended June 30, 2015, the Company revised certain prior year amounts. The following is a summary of the impact the revisions had on net loss:



	For the Periods Ended March 31, 2015
	Three Months			Nine Months
	(Dollars in thousands)
Net loss, as reported	$	(3,710	)	$	(31,833	)
Revisions:
Deferred rent, pre-tax (1)	147			(42		)
Previous out of period items, pre-tax (2)	—			1,586
Tax impact	(1,200		)	(980		)
Total revision impact	(1,053		)	564

Net loss, as revised	$	(4,763	)	$	(31,269	)

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(1)

The Company recognizes rental expense on a straight-line basis at the time the leased space becomes available to the Company. During the fourth quarter of fiscal year 2015, the Company determined its deferred rent balance was understated. Accordingly, the unaudited Condensed Consolidated Financial Statements have been revised to correctly state its deferred rent balances and rent expense. This revision had no impact on cash provided by operations or cash and cash equivalents for the quarter.


(2)	Also, in the fourth quarter of fiscal year 2015, the Company revised certain prior year amounts to correctly recognize understatements of self-insurance accruals. This revision had no impact on cash provided by operations or cash and cash equivalents for the quarter.

The Company assessed the materiality of these misstatements on prior periods' financial statements in accordance with SEC Staff Accounting Bulletin ("SAB") No. 99, Materiality, codified in ASC 250 ("ASC 250"), Presentation of Financial Statements, and concluded these misstatements were not material to any prior annual or interim periods. Accordingly, in accordance with ASC 250 (SAB No. 108, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements), the unaudited Condensed Consolidated Financial Statements as of March 31, 2015, which are presented herein, have been revised. The following are selected line items from the Company's unaudited Condensed Consolidated Financial Statements illustrating the effect of these revisions:



	CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited)
	(Dollars in thousands, except per share data)
	For the Periods Ended March 31, 2015
	Three Months									Nine Months
	As Previously Reported			Revision			As Revised			As Previously Reported			Revision			As Revised
Site operating expenses	$	47,116		$	—		$	47,116		$	145,643		$	(1,586	)	$	144,057
Rent	76,516			(147		)	76,369			230,913			42			230,955
Income (loss) before income taxes and equity in loss of affiliated companies	3,372			147			3,519			(4,103		)	1,544			(2,559		)
Income taxes	(6,797		)	(1,200		)	(7,997		)	(15,865		)	(980		)	(16,845		)
Net loss	$	(3,710	)	$	(1,053	)	$	(4,763	)	$	(31,833	)	$	564		$	(31,269	)

Net loss per share:
Basic and diluted earnings per share (1)	$	(0.07	)	$	(0.02	)	$	(0.09	)	$	(0.58	)	$	0.01		$	(0.57	)

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(1)	Total is a recalculation; line items calculated individually may not sum to total due to rounding.



	CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (Unaudited)
	(Dollars in thousands)
	For the Periods Ended March 31, 2015
	Three Months									Nine Months
	As Previously Reported			Revision			As Revised			As Previously Reported			Revision		As Revised
Net loss	$	(3,710	)	$	(1,053	)	$	(4,763	)	$	(31,833	)	$	564	$	(31,269	)
Comprehensive loss	$	(10,561	)	$	(1,053	)	$	(11,614	)	$	(47,529	)	$	564	$	(46,965	)



	CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited)
	(Dollars in thousands)
	Nine Months Ended March 31, 2015
	As Previously Reported			Revision			As Revised
Cash flows from operating activities:
Net loss	$	(31,833	)	$	564		$	(31,269	)
Deferred income taxes	12,631			762			13,393
Changes in operating assets and liabilities, excluding the effects of acquisitions	11,628			(1,326		)	10,302