| Summary of Unaudited Interim Results of Operations |
The following table reflects a summary of the unaudited interim results of operations for the years ended December 31, 2016 and 2015 (in thousands except per share amounts).
|
|
|
Predecessor |
|
|
|
Successor |
|
|
|
|
Period from |
|
|
|
Period from |
|
|
Quarter Ended |
|
|
|
|
January 1, 2016 to February 10, 2016 |
|
|
|
February 10, 2016 to March 31, 2016 |
|
|
June 30 |
|
|
September 30 |
|
|
December 31 |
|
|
|
|
|
|
|
|
|
|
|
|
2016 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues |
|
$ |
23,540 |
|
|
|
$ |
29,786 |
|
|
$ |
48,511 |
|
|
$ |
39,942 |
|
|
$ |
40,409 |
|
|
Loss from operations |
|
|
(14,927 |
) |
|
|
|
(18,897 |
) |
|
|
(13,530 |
) |
|
|
(20,146 |
) |
|
|
(16,643 |
) |
|
Other expense |
|
|
(454,713 |
) |
|
|
|
(8,964 |
) |
|
|
(20,766 |
) |
|
|
(18,007 |
) |
|
|
(19,516 |
) |
|
Net loss |
|
|
(472,011 |
) |
|
|
|
(29,028 |
) |
|
|
(35,734 |
) |
|
|
(41,526 |
) |
|
|
(41,129 |
) |
|
Net loss attributable to noncontrolling interests |
|
|
(969 |
) |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
Net loss attributable to VDI |
|
$ |
(471,042 |
) |
|
|
$ |
(29,028 |
) |
|
$ |
(35,734 |
) |
|
$ |
(41,526 |
) |
|
$ |
(41,129 |
) |
|
Loss per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted |
|
N/A |
|
|
|
$ |
(5.81 |
) |
|
$ |
(7.15 |
) |
|
$ |
(8.31 |
) |
|
$ |
(8.23 |
) |
|
|
|
Predecessor |
|
|
|
|
Quarter Ended |
|
|
|
|
March 31 |
|
|
June 30 |
|
|
September 30 |
|
|
December 31 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2015 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues |
|
$ |
219,389 |
|
|
$ |
214,383 |
|
|
$ |
210,091 |
|
|
$ |
128,402 |
|
|
Income from operations |
|
|
86,427 |
|
|
|
81,191 |
|
|
|
79,318 |
|
|
|
13,038 |
|
|
Other expense |
|
|
(35,433 |
) |
|
|
(43,925 |
) |
|
|
(45,689 |
) |
|
|
(72,803 |
) |
|
Net income (loss) |
|
|
21,705 |
|
|
|
26,123 |
|
|
|
(21,510 |
) |
|
|
(4,064 |
) |
|
Net income (loss) attributable to noncontrolling interests |
|
|
190 |
|
|
|
21 |
|
|
|
136 |
|
|
|
4,689 |
|
|
Net income (loss) attributable to VDI |
|
$ |
21,515 |
|
|
$ |
26,102 |
|
|
$ |
(21,646 |
) |
|
$ |
(8,753 |
) |
|
Earnings (loss) per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted |
|
N/A |
|
|
N/A |
|
|
N/A |
|
|
N/A |
|
|