XML 31 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CONDENSED CONSOLIDATED STATEMENTS OF INCOME [Abstract]    
REVENUES $ 333,477 $ 205,966
COSTS AND EXPENSES:    
Direct operating costs (excluding items below) 182,139 111,274
Depreciation and amortization 58,966 38,154
Selling, general and administrative 23,056 20,814
Gain on disposals of property and equipment (56) (31)
Material charges and other operating expenses 4,571 0
Total costs and expenses 268,676 170,211
INCOME FROM OPERATIONS 64,801 35,755
OTHER INCOME (EXPENSE):    
Interest expense, net of interest capitalized (11,257) (5,319)
Interest income 114 29
Other - net 1,337 (1,084)
Total other income (expense) - net (9,806) (6,374)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 54,995 29,381
Provision (benefit) for income taxes (504) 2,586
NET INCOME FROM CONTINUING OPERATIONS 55,499 26,795
DISCONTINUED OPERATIONS    
Income (loss) from discontinued operations, net of tax (5,982) 5,277
NET INCOME $ 49,517 $ 32,072
INCOME (LOSS) PER SHARE - BASIC:    
Income from continuing operations (in dollars per share) $ 0.45 $ 0.21
Discontinued operations (in dollars per share) $ (0.05) $ 0.04
Net income (in dollars per share) $ 0.40 $ 0.26
INCOME (LOSS) PER SHARE - DILUTED:    
Income from continuing operations (in dollars per share) $ 0.45 $ 0.21
Discontinued operations (in dollars per share) $ (0.05) $ 0.04
Net income (in dollars per share) $ 0.40 $ 0.25