XML 36 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 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) [Abstract]        
REVENUES $ 353,910 $ 234,698 $ 1,038,405 $ 664,161
COSTS AND EXPENSES:        
Direct operating costs (excluding items below) 188,152 129,767 558,405 345,558
Depreciation and amortization 63,027 50,306 183,323 129,267
Selling, general and administrative 25,780 22,629 73,934 65,172
Gain on disposals of property and equipment (559) 14 (2,678) (1,408)
Material charges and other operating expenses 18,174 20 30,871 6,120
Total costs and expenses 294,574 202,736 843,855 544,709
INCOME FROM OPERATIONS 59,336 31,962 194,550 119,452
OTHER INCOME (EXPENSE):        
Interest expense, net of interest capitalized (13,690) (4,233) (37,940) (17,001)
Loss on extinguishment of debt (10,456) 0 (22,223) 0
Interest income 263 277 523 338
Other - net (505) (458) 710 (1,177)
Total other income (expense) - net (24,388) (4,414) (58,930) (17,840)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 34,948 27,548 135,620 101,612
Provision (benefit) for income taxes 8,533 (3,876) 2,858 (1,010)
NET INCOME FROM CONTINUING OPERATIONS 26,415 31,424 132,762 102,622
DISCONTINUED OPERATIONS        
Income (loss) from discontinued operations, net of tax 1,164 (1,213) (6,231) 1,047
Gain on sale of discontinued operations, net of tax 0 163,598 0 588,071
Discontinued operations, net of tax 1,164 162,385 (6,231) 589,118
NET INCOME $ 27,579 $ 193,809 $ 126,531 $ 691,740
INCOME (LOSS) PER SHARE - BASIC:        
Income from continuing operations (in dollars per share) $ 0.21 $ 0.25 $ 1.08 $ 0.82
Discontinued operations (in dollars per share) $ 0.01 $ 1.30 $ (0.05) $ 4.69
Net income (in dollars per share) $ 0.22 $ 1.55 $ 1.03 $ 5.51
INCOME (LOSS) PER SHARE - DILUTED:        
Income from continuing operations (in dollars per share) $ 0.21 $ 0.25 $ 1.07 $ 0.81
Discontinued operations (in dollars per share) $ 0.01 $ 1.28 $ (0.05) $ 4.64
Net income (in dollars per share) $ 0.22 $ 1.53 $ 1.02 $ 5.45