|
CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2011
|
| Income Statement [Abstract] |
|
|
|
| Revenues |
$ 874,172 |
$ 677,761 |
$ 686,234 |
| Expenses: |
|
|
|
| Operating expenses |
571,672 |
413,188 |
416,677 |
| Depreciation and amortization |
134,053 |
113,017 |
112,136 |
| Total expenses |
705,725 |
526,205 |
528,813 |
| Total operating gross margin |
168,447 |
151,556 |
157,421 |
| General and administration expense |
(68,025) |
(46,257) |
(31,567) |
| Impairments and other charges |
0 |
0 |
(170,000) |
| Provision for reduction in carrying value of certain assets |
(2,544) |
0 |
(1,350) |
| Gain on disposition of assets, net |
3,994 |
1,974 |
3,659 |
| Total operating income (loss) |
101,872 |
107,273 |
(41,837) |
| Other income and (expense): |
|
|
|
| Interest expense |
(47,820) |
(33,542) |
(22,594) |
| Interest income |
2,450 |
153 |
256 |
| Loss on extinguishment of debt |
(5,218) |
(2,130) |
0 |
| Change in fair value of derivative positions |
53 |
55 |
(110) |
| Other |
1,450 |
(832) |
(1,127) |
| Total other expense |
(49,085) |
(36,296) |
(23,575) |
| Income (loss) before income taxes |
52,787 |
70,977 |
(65,412) |
| Income tax expense (benefit): |
|
|
|
| Current tax expense |
12,909 |
18,042 |
33,608 |
| Deferred tax expense (benefit) |
12,699 |
15,837 |
(48,375) |
| Total income tax expense (benefit) |
25,608 |
33,879 |
(14,767) |
| Net income (loss) |
27,179 |
37,098 |
(50,645) |
| Less: Net (loss) attributable to noncontrolling interest |
164 |
(215) |
(194) |
| Net income (loss) attributable to controlling interest |
$ 27,015 |
$ 37,313 |
$ (50,451) |
| Basic earnings per share: |
$ 0.23 |
$ 0.32 |
$ (0.43) |
| Diluted earnings per share: |
$ 0.22 |
$ 0.31 |
$ (0.43) |
| Number of common shares used in computing earnings per share: |
|
|
|
| Basic (in shares) |
119,284,468 |
117,721,135 |
116,081,590 |
| Diluted (in shares) |
121,224,550 |
119,093,590 |
116,081,590 |