XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
REVENUES $ 611,861 $ 508,736 $ 1,112,041 $ 1,055,775
COSTS AND EXPENSES:        
Direct operating costs (excluding items below) 207,485 253,944 412,317 509,678
Depreciation and amortization 100,141 95,390 198,993 185,080
Selling, general and administrative 26,111 31,158 53,041 58,744
Loss (gain) on disposals of property and equipment 1,938 338 4,115 (175)
Material charges and other operating expenses 0 5,000 0 5,000
Total costs and expenses 335,675 385,830 668,466 758,327
Income (loss) from operations 276,186 122,906 443,575 297,448
OTHER INCOME (EXPENSE):        
Interest expense, net of interest capitalized (38,249) (30,840) (77,173) (63,586)
Gain on extinguishment of debt 1,787 0 2,364 0
Interest income 449 435 893 590
Other - net (644) (80) (3,221) (1,121)
Total other income (expense) - net (36,657) (30,485) (77,137) (64,117)
INCOME (LOSS) BEFORE INCOME TAXES 239,529 92,421 366,438 233,331
Provision for income taxes 22,800 7,686 26,910 24,927
NET INCOME (LOSS) $ 216,729 $ 84,735 $ 339,528 $ 208,404
NET INCOME PER SHARE - BASIC (in dollars per share) $ 1.73 $ 0.68 $ 2.71 $ 1.67
NET INCOME PER SHARE - DILUTED (in dollars per share) 1.72 0.68 2.70 1.67
CASH DIVIDENDS DECLARED PER SHARE (in dollars per share) $ 0 $ 0.1 $ 0 $ 0.2