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Comparative Period Information (Tables)
12 Months Ended
Jun. 30, 2015
Comparative Period Information [Abstract]  
Schedule of Comparative Period Information

The following tables present certain financial information for the six months ended June 30, 2014 and 2013, respectively.  As more fully described in Note 1, “Organization and Summary of Significant Accounting Policies – Basis of Presentation,” due to our new basis of accounting resulting from the Merger, financial information for periods prior to the Merger is not comparable to such information for periods subsequent to the Merger.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Period from
June 4, 2014
through
June 30,

 

 

Period from
January 1, 2014
through
June 3,

 

Six Months Ended June 30,

 

 

2014
(Restated)

 

 

2014

 

2013
(Unaudited)

 

 

(in thousands)

 

 

(in thousands)

Total revenue

 

$

50,524 

 

 

$

276,400 

 

$

366,436 

Income from operations

 

 

4,215 

 

 

 

23,563 

 

 

158,244 

Income (loss) before income taxes

 

 

592 

 

 

 

(18,461)

 

 

155,057 

Deferred income tax expense

 

 

219 

 

 

 

4,495 

 

 

56,441 

Net income (loss)

 

$

373 

 

 

$

(22,956)

 

$

98,616 

Basic earnings (loss) per share

 

 

 

 

 

$

(0.59)

 

$

2.51 

Diluted earnings (loss) per share

 

 

 

 

 

$

(0.59)

 

$

2.48 

Weighted average common shares used in computing
earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

38,730 

 

 

38,847 

Diluted

 

 

 

 

 

 

38,730 

 

 

39,302 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Period from
June 4, 2014
through
June 30,

 

 

Period from
January 1, 2014
through
June 3,

 

Six Months Ended June 30,

 

 

2014

 

 

2014

 

2013
(Unaudited)

 

 

(in thousands)

 

 

(in thousands)

Net cash provided by operating activities

 

$

22,209 

 

 

$

105,122 

 

$

192,476 

Net cash used in investing activities

 

 

(200,929)

 

 

 

(258,714)

 

 

(154,969)

Net cash provided by (used in) financing activities

 

 

(15,729)

 

 

 

344,830 

 

 

(35,143)

Net increase (decrease) in cash and cash equivalents

 

 

(194,449)

 

 

 

191,238 

 

 

2,364 

Cash and cash equivalents at beginning of period

 

 

200,050 

 

 

 

8,812 

 

 

1,521 

Cash and cash equivalents at end of period

 

$

5,601 

 

 

$

200,050 

 

$

3,885