XML 38 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
REVENUES $ 545,436 $ 467,692 $ 1,601,211 $ 1,268,172
COSTS AND EXPENSES:        
Direct operating costs (excluding items below) 247,642 246,907 757,320 711,854
Depreciation and amortization 104,109 81,503 289,189 230,054
Selling, general and administrative 29,671 33,040 88,415 92,057
Loss on disposals of property and equipment 2,250 58 2,075 1,720
Proceeds from litigation settlement 0 0 0 (20,875)
Material charges and other operating expenses 332,347 0 337,347 8,300
Total costs and expenses 716,019 361,508 1,474,346 1,023,110
INCOME (LOSS) FROM OPERATIONS (170,583) 106,184 126,865 245,062
OTHER INCOME (EXPENSE):        
Interest expense, net of interest capitalized (41,344) (25,656) (104,930) (74,308)
Interest income 230 372 820 1,721
Other - net (1,754) 269 (2,875) (627)
Total other income (expense) - net (42,868) (25,015) (106,985) (73,214)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (213,451) 81,169 19,880 171,848
Provision (benefit) for income taxes 25,996 (38,428) 50,923 (36,165)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS (239,447) 119,597 (31,043) 208,013
INCOME FROM DISCONTINUED OPERATIONS, NET OF TAX 0 0 0 4,023
NET INCOME (LOSS) $ (239,447) $ 119,597 $ (31,043) $ 212,036
INCOME (LOSS) PER SHARE - BASIC:        
Income (loss) from continuing operations $ (1.92) $ 0.96 $ (0.25) $ 1.68
Discontinued operations (in dollars per share) 0.00 0.00 0.00 0.03
Net income (loss) (in dollars per share) (1.92) 0.96 (0.25) 1.71
INCOME (LOSS) PER SHARE - DILUTED:        
Income (loss) from continuing operations (1.92) 0.96 (0.25) 1.67
Discontinued operations (in dollars per share) 0.00 0.00 0.00 0.03
Net income (loss) (in dollars per share) (1.92) 0.96 (0.25) 1.70
CASH DIVIDENDS DECLARED PER SHARE (in dollars per share) $ 0.1 $ 0.1 $ 0.3 $ 0.2