|
Condensed Consolidating Financial Information (Tables)
|
12 Months Ended |
|
Dec. 31, 2013
|
| Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
|
| Condensed Consolidating Balance Sheets |
CONDENSED CONSOLIDATING BALANCE SHEETS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2013 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
Assets |
|
|
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
$ |
451,431 |
|
|
$ |
7,525 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
458,956 |
|
Accounts receivable - oil and gas |
58,662 |
|
|
162 |
|
|
— |
|
|
— |
|
|
58,824 |
|
Accounts receivable - related parties |
2,617 |
|
|
— |
|
|
— |
|
|
— |
|
|
2,617 |
|
Accounts receivable - intercompany |
21,379 |
|
|
27 |
|
|
— |
|
|
(21,406 |
) |
|
— |
|
Prepaid expenses and other current assets |
2,581 |
|
|
— |
|
|
— |
|
|
— |
|
|
2,581 |
|
Deferred tax asset |
6,927 |
|
|
— |
|
|
— |
|
|
— |
|
|
6,927 |
|
Short-term derivative instruments |
324 |
|
|
— |
|
|
— |
|
|
— |
|
|
324 |
|
Note receivable - related party |
875 |
|
|
— |
|
|
— |
|
|
— |
|
|
875 |
|
Total current assets |
544,796 |
|
|
7,714 |
|
|
— |
|
|
(21,406 |
) |
|
531,104 |
|
Property and equipment: |
|
|
|
|
|
|
|
|
|
Oil and natural gas properties, full-cost accounting |
2,470,411 |
|
|
7,340 |
|
|
— |
|
|
(573 |
) |
|
2,477,178 |
|
Other property and equipment |
11,102 |
|
|
29 |
|
|
— |
|
|
— |
|
|
11,131 |
|
Accumulated depletion, depreciation, amortization and impairment |
(784,695 |
) |
|
(22 |
) |
|
— |
|
|
— |
|
|
(784,717 |
) |
Property and equipment, net |
1,696,818 |
|
|
7,347 |
|
|
— |
|
|
(573 |
) |
|
1,703,592 |
|
Other assets: |
|
|
|
|
|
|
|
|
|
Equity investments and investments in subsidiaries |
432,727 |
|
|
— |
|
|
191,473 |
|
|
(184,132 |
) |
|
440,068 |
|
Derivative instruments |
521 |
|
|
— |
|
|
— |
|
|
— |
|
|
521 |
|
Other assets |
17,851 |
|
|
— |
|
|
— |
|
|
— |
|
|
17,851 |
|
Total other assets |
451,099 |
|
|
— |
|
|
191,473 |
|
|
(184,132 |
) |
|
458,440 |
|
Total assets |
$ |
2,692,713 |
|
|
$ |
15,061 |
|
|
$ |
191,473 |
|
|
$ |
(206,111 |
) |
|
$ |
2,693,136 |
|
|
|
|
|
|
|
|
|
|
|
Liabilities and Stockholders' Equity |
|
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
|
|
|
Accounts payable and accrued liabilities |
$ |
190,284 |
|
|
$ |
423 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
190,707 |
|
Accounts payable - intercompany |
— |
|
|
21,296 |
|
|
110 |
|
|
(21,406 |
) |
|
— |
|
Asset retirement obligation - current |
795 |
|
|
— |
|
|
— |
|
|
— |
|
|
795 |
|
Short-term derivative instruments |
12,280 |
|
|
— |
|
|
— |
|
|
— |
|
|
12,280 |
|
Current maturities of long-term debt |
159 |
|
|
— |
|
|
— |
|
|
— |
|
|
159 |
|
Total current liabilities |
203,518 |
|
|
21,719 |
|
|
110 |
|
|
(21,406 |
) |
|
203,941 |
|
Long-term derivative instrument |
11,366 |
|
|
— |
|
|
— |
|
|
— |
|
|
11,366 |
|
Asset retirement obligation - long-term |
14,288 |
|
|
— |
|
|
— |
|
|
— |
|
|
14,288 |
|
Deferred tax liability |
114,275 |
|
|
— |
|
|
— |
|
|
— |
|
|
114,275 |
|
Long-term debt, net of current maturities |
299,028 |
|
|
— |
|
|
— |
|
|
— |
|
|
299,028 |
|
Total liabilities |
642,475 |
|
|
21,719 |
|
|
110 |
|
|
(21,406 |
) |
|
642,898 |
|
|
|
|
|
|
|
|
|
|
|
Stockholders' equity: |
|
|
|
|
|
|
|
|
|
Common stock |
851 |
|
|
— |
|
|
— |
|
|
— |
|
|
851 |
|
Paid-in capital |
1,813,058 |
|
|
322 |
|
|
208,277 |
|
|
(208,599 |
) |
|
1,813,058 |
|
Accumulated other comprehensive income (loss) |
(9,781 |
) |
|
— |
|
|
(9,781 |
) |
|
9,781 |
|
|
(9,781 |
) |
Retained earnings (accumulated deficit) |
246,110 |
|
|
(6,980 |
) |
|
(7,133 |
) |
|
14,113 |
|
|
246,110 |
|
Total stockholders' equity |
2,050,238 |
|
|
(6,658 |
) |
|
191,363 |
|
|
(184,705 |
) |
|
2,050,238 |
|
Total liabilities and stockholders' equity |
$ |
2,692,713 |
|
|
$ |
15,061 |
|
|
$ |
191,473 |
|
|
$ |
(206,111 |
) |
|
$ |
2,693,136 |
|
CONDENSED CONSOLIDATING BALANCE SHEETS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2012 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
Assets |
|
|
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
$ |
165,293 |
|
|
$ |
1,795 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
167,088 |
|
Accounts receivable - oil and gas |
25,070 |
|
|
545 |
|
|
— |
|
|
— |
|
|
25,615 |
|
Accounts receivable - related parties |
33,806 |
|
|
1,042 |
|
|
— |
|
|
— |
|
|
34,848 |
|
Accounts receivable - intercompany |
15,368 |
|
|
|
|
|
|
(15,368 |
) |
|
— |
|
Prepaid expenses and other current assets |
1,506 |
|
|
— |
|
|
— |
|
|
— |
|
|
1,506 |
|
Short-term derivative instruments |
664 |
|
|
— |
|
|
— |
|
|
— |
|
|
664 |
|
Total current assets |
241,707 |
|
|
3,382 |
|
|
— |
|
|
(15,368 |
) |
|
229,721 |
|
|
|
|
|
|
|
|
|
|
|
Property and equipment: |
|
|
|
|
|
|
|
|
|
Oil and natural gas properties, full-cost accounting, |
1,606,172 |
|
|
4,918 |
|
|
— |
|
|
— |
|
|
1,611,090 |
|
Other property and equipment |
8,642 |
|
|
20 |
|
|
— |
|
|
— |
|
|
8,662 |
|
Accumulated depletion, depreciation, amortization and impairment |
(665,864 |
) |
|
(20 |
) |
|
— |
|
|
— |
|
|
(665,884 |
) |
Property and equipment, net |
948,950 |
|
|
4,918 |
|
|
— |
|
|
— |
|
|
953,868 |
|
Other assets: |
|
|
|
|
|
|
|
|
|
Equity investments and investments in subsidiaries |
374,209 |
|
|
— |
|
|
172,766 |
|
|
(165,491 |
) |
|
381,484 |
|
Other assets |
13,295 |
|
|
— |
|
|
— |
|
|
— |
|
|
13,295 |
|
Total other assets |
387,504 |
|
|
— |
|
|
172,766 |
|
|
(165,491 |
) |
|
394,779 |
|
Total assets |
$ |
1,578,161 |
|
|
$ |
8,300 |
|
|
$ |
172,766 |
|
|
$ |
(180,859 |
) |
|
$ |
1,578,368 |
|
|
|
|
|
|
|
|
|
|
|
Liabilities and Stockholders' Equity |
|
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
|
|
|
Accounts payable and accrued liabilities |
$ |
110,037 |
|
|
$ |
207 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
110,244 |
|
Accounts payable - intercompany |
— |
|
|
15,259 |
|
|
109 |
|
|
(15,368 |
) |
|
— |
|
Asset retirement obligation - current |
60 |
|
|
— |
|
|
— |
|
|
— |
|
|
60 |
|
Short-term derivative instruments |
10,442 |
|
|
— |
|
|
— |
|
|
— |
|
|
10,442 |
|
Current maturities of long-term debt |
150 |
|
|
— |
|
|
— |
|
|
— |
|
|
150 |
|
Total current liabilities |
120,689 |
|
|
15,466 |
|
|
109 |
|
|
(15,368 |
) |
|
120,896 |
|
|
|
|
|
|
|
|
|
|
|
Asset retirement obligation - long-term |
13,215 |
|
|
— |
|
|
— |
|
|
— |
|
|
13,215 |
|
Deferred tax liability |
18,607 |
|
|
— |
|
|
— |
|
|
— |
|
|
18,607 |
|
Long-term debt, net of current maturities |
298,888 |
|
|
— |
|
|
— |
|
|
— |
|
|
298,888 |
|
Other non-current liabilities |
354 |
|
|
— |
|
|
— |
|
|
— |
|
|
354 |
|
Total liabilities |
451,753 |
|
|
15,466 |
|
|
109 |
|
|
(15,368 |
) |
|
451,960 |
|
|
|
|
|
|
|
|
|
|
|
Stockholders' equity: |
|
|
|
|
|
|
|
|
|
Common stock |
674 |
|
|
— |
|
|
— |
|
|
— |
|
|
674 |
|
Paid-in capital |
1,036,245 |
|
|
322 |
|
|
174,348 |
|
|
(174,670 |
) |
|
1,036,245 |
|
Accumulated other comprehensive income (loss) |
(3,429 |
) |
|
— |
|
|
2,442 |
|
|
(2,442 |
) |
|
(3,429 |
) |
Retained earnings (accumulated deficit) |
92,918 |
|
|
(7,488 |
) |
|
(4,133 |
) |
|
11,621 |
|
|
92,918 |
|
Total stockholders' equity |
1,126,408 |
|
|
(7,166 |
) |
|
172,657 |
|
|
(165,491 |
) |
|
1,126,408 |
|
Total liabilities and stockholders' equity |
$ |
1,578,161 |
|
|
$ |
8,300 |
|
|
$ |
172,766 |
|
|
$ |
(180,859 |
) |
|
$ |
1,578,368 |
|
|
| Condensed Consolidating Statements of Operations |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2013 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Total revenues |
$ |
261,809 |
|
|
$ |
1,517 |
|
|
$ |
— |
|
|
$ |
(573 |
) |
|
$ |
262,753 |
|
|
|
|
|
|
|
|
|
|
|
Costs and expenses: |
|
|
|
|
|
|
|
|
|
Lease operating expenses |
25,971 |
|
|
732 |
|
|
— |
|
|
— |
|
|
26,703 |
|
Production taxes |
26,848 |
|
|
85 |
|
|
— |
|
|
— |
|
|
26,933 |
|
Midstream transportation, processing and marketing |
10,999 |
|
|
31 |
|
|
— |
|
|
— |
|
|
11,030 |
|
Depreciation, depletion, and amortization |
118,878 |
|
|
2 |
|
|
— |
|
|
— |
|
|
118,880 |
|
General and administrative |
22,359 |
|
|
159 |
|
|
1 |
|
|
— |
|
|
22,519 |
|
Accretion expense |
717 |
|
|
— |
|
|
— |
|
|
— |
|
|
717 |
|
Loss on sale of assets |
508 |
|
|
— |
|
|
— |
|
|
— |
|
|
508 |
|
|
206,280 |
|
|
1,009 |
|
|
1 |
|
|
— |
|
|
207,290 |
|
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) FROM OPERATIONS |
55,529 |
|
|
508 |
|
|
(1 |
) |
|
(573 |
) |
|
55,463 |
|
|
|
|
|
|
|
|
|
|
|
OTHER (INCOME) EXPENSE: |
|
|
|
|
|
|
|
|
|
Interest expense |
17,490 |
|
|
— |
|
|
— |
|
|
— |
|
|
17,490 |
|
Interest income |
(297 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(297 |
) |
(Income) loss from equity method investments and investments in subsidiaries |
(212,992 |
) |
|
— |
|
|
2,999 |
|
|
(3,065 |
) |
|
(213,058 |
) |
|
(195,799 |
) |
|
— |
|
|
2,999 |
|
|
(3,065 |
) |
|
(195,865 |
) |
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) BEFORE INCOME TAXES |
251,328 |
|
|
508 |
|
|
(3,000 |
) |
|
2,492 |
|
|
251,328 |
|
INCOME TAX EXPENSE |
98,136 |
|
|
— |
|
|
— |
|
|
— |
|
|
98,136 |
|
|
|
|
|
|
|
|
|
|
|
NET INCOME (LOSS) |
$ |
153,192 |
|
|
$ |
508 |
|
|
$ |
(3,000 |
) |
|
$ |
2,492 |
|
|
$ |
153,192 |
|
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2012 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Total revenues |
$ |
247,637 |
|
|
$ |
1,289 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
248,926 |
|
|
|
|
|
|
|
|
|
|
|
Costs and expenses: |
|
|
|
|
|
|
|
|
|
Lease operating expenses |
23,644 |
|
|
664 |
|
|
— |
|
|
— |
|
|
24,308 |
|
Production taxes |
28,874 |
|
|
83 |
|
|
— |
|
|
— |
|
|
28,957 |
|
Midstream transportation, processing and marketing |
432 |
|
|
11 |
|
|
|
|
|
|
443 |
|
Depreciation, depletion, and amortization |
90,749 |
|
|
— |
|
|
— |
|
|
— |
|
|
90,749 |
|
General and administrative |
13,602 |
|
|
132 |
|
|
74 |
|
|
— |
|
|
13,808 |
|
Accretion expense |
698 |
|
|
— |
|
|
— |
|
|
— |
|
|
698 |
|
Gain on sale of assets |
(7,300 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(7,300 |
) |
|
150,699 |
|
|
890 |
|
|
74 |
|
|
— |
|
|
151,663 |
|
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) FROM OPERATIONS |
96,938 |
|
|
399 |
|
|
(74 |
) |
|
— |
|
|
97,263 |
|
|
|
|
|
|
|
|
|
|
|
OTHER (INCOME) EXPENSE: |
|
|
|
|
|
|
|
|
|
Interest expense |
7,458 |
|
|
— |
|
|
— |
|
|
— |
|
|
7,458 |
|
Interest income |
(72 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(72 |
) |
(Income) loss from equity method investments and investments in subsidiaries |
(5,182 |
) |
|
— |
|
|
1,512 |
|
|
(4,652 |
) |
|
(8,322 |
) |
|
2,204 |
|
|
— |
|
|
1,512 |
|
|
(4,652 |
) |
|
(936 |
) |
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) FROM COTINUING OPERATIONS BEFORE INCOME TAXES |
94,734 |
|
|
399 |
|
|
(1,586 |
) |
|
4,652 |
|
|
98,199 |
|
INCOME TAX EXPENSE |
26,363 |
|
|
— |
|
|
— |
|
|
— |
|
|
26,363 |
|
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) FROM CONTINUING OPERATIONS |
68,371 |
|
|
399 |
|
|
(1,586 |
) |
|
4,652 |
|
|
71,836 |
|
DISCONTINUED OPERATIONS |
|
|
|
|
|
|
|
|
|
Loss on disposal of Belize properties, net of tax |
— |
|
|
3,465 |
|
|
— |
|
|
— |
|
|
3,465 |
|
NET INCOME (LOSS) |
$ |
68,371 |
|
|
$ |
(3,066 |
) |
|
$ |
(1,586 |
) |
|
$ |
4,652 |
|
|
$ |
68,371 |
|
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2011 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Total revenues |
$ |
228,281 |
|
|
$ |
973 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
229,254 |
|
|
|
|
|
|
|
|
|
|
|
Costs and expenses: |
|
|
|
|
|
|
|
|
|
Lease operating expenses |
20,168 |
|
|
729 |
|
|
— |
|
|
— |
|
|
20,897 |
|
Production taxes |
25,991 |
|
|
63 |
|
|
— |
|
|
— |
|
|
26,054 |
|
Midstream transportation, processing and marketing |
275 |
|
|
4 |
|
|
— |
|
|
— |
|
|
279 |
|
Depreciation, depletion, and amortization |
62,320 |
|
|
— |
|
|
— |
|
|
— |
|
|
62,320 |
|
General and administrative |
8,038 |
|
|
11 |
|
|
25 |
|
|
— |
|
|
8,074 |
|
Accretion expense |
666 |
|
|
— |
|
|
— |
|
|
— |
|
|
666 |
|
|
117,458 |
|
|
807 |
|
|
25 |
|
|
— |
|
|
118,290 |
|
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) FROM OPERATIONS |
110,823 |
|
|
166 |
|
|
(25 |
) |
|
— |
|
|
110,964 |
|
|
|
|
|
|
|
|
|
|
|
OTHER (INCOME) EXPENSE: |
|
|
|
|
|
|
|
|
|
Interest expense |
1,400 |
|
|
— |
|
|
— |
|
|
— |
|
|
1,400 |
|
Interest income |
(39 |
) |
|
— |
|
|
(147 |
) |
|
— |
|
|
(186 |
) |
(Income) loss from equity method investments and investments in subsidiaries |
1,130 |
|
|
— |
|
|
1,592 |
|
|
(1,304 |
) |
|
1,418 |
|
|
2,491 |
|
|
— |
|
|
1,445 |
|
|
(1,304 |
) |
|
2,632 |
|
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) BEFORE INCOME TAXES |
108,332 |
|
|
166 |
|
|
(1,470 |
) |
|
1,304 |
|
|
108,332 |
|
INCOME TAX BENEFIT |
(90 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(90 |
) |
|
|
|
|
|
|
|
|
|
|
NET INCOME (LOSS) |
$ |
108,422 |
|
|
$ |
166 |
|
|
$ |
(1,470 |
) |
|
$ |
1,304 |
|
|
$ |
108,422 |
|
|
| Condensed Consolidating Statements of Comprehensive Income (Loss) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2013 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Net income (loss) |
$ |
153,192 |
|
|
$ |
508 |
|
|
$ |
(3,000 |
) |
|
$ |
2,492 |
|
|
$ |
153,192 |
|
Foreign currency translation adjustment |
(12,223 |
) |
|
— |
|
|
(12,223 |
) |
|
12,223 |
|
|
(12,223 |
) |
Change in fair value of derivative instruments, net of taxes |
(4,419 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(4,419 |
) |
Reclassification of settled contracts, net of taxes |
10,290 |
|
|
— |
|
|
— |
|
|
— |
|
|
10,290 |
|
Other comprehensive income (loss) |
(6,352 |
) |
|
— |
|
|
(12,223 |
) |
|
12,223 |
|
|
(6,352 |
) |
Comprehensive income |
$ |
146,840 |
|
|
$ |
508 |
|
|
$ |
(15,223 |
) |
|
$ |
14,715 |
|
|
$ |
146,840 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2012 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
Net income (loss) |
$ |
68,371 |
|
|
$ |
(3,066 |
) |
|
$ |
(1,586 |
) |
|
$ |
4,652 |
|
|
$ |
68,371 |
|
Foreign currency translation adjustment |
1,355 |
|
|
— |
|
|
1,355 |
|
|
(1,355 |
) |
|
1,355 |
|
Change in fair value of derivative instruments, net of taxes |
(8,452 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(8,452 |
) |
Reclassification of settled contracts, net of taxes |
1,005 |
|
|
— |
|
|
— |
|
|
— |
|
|
1,005 |
|
Other comprehensive income (loss) |
(6,092 |
) |
|
— |
|
|
1,355 |
|
|
(1,355 |
) |
|
(6,092 |
) |
Comprehensive income |
$ |
62,279 |
|
|
$ |
(3,066 |
) |
|
$ |
(231 |
) |
|
$ |
3,297 |
|
|
$ |
62,279 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2011 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
Net income (loss) |
$ |
108,422 |
|
|
$ |
166 |
|
|
$ |
(1,470 |
) |
|
$ |
1,304 |
|
|
$ |
108,422 |
|
Foreign currency translation adjustment |
(1,865 |
) |
|
— |
|
|
(1,865 |
) |
|
1,865 |
|
|
(1,865 |
) |
Change in fair value of derivative instruments, net of taxes |
1,576 |
|
|
— |
|
|
— |
|
|
— |
|
|
1,576 |
|
Reclassification of settled contracts, net of taxes |
4,720 |
|
|
— |
|
|
— |
|
|
— |
|
|
4,720 |
|
Other comprehensive income (loss) |
4,431 |
|
|
— |
|
|
(1,865 |
) |
|
1,865 |
|
|
4,431 |
|
Comprehensive income |
$ |
112,853 |
|
|
$ |
166 |
|
|
$ |
(3,335 |
) |
|
$ |
3,169 |
|
|
$ |
112,853 |
|
|
| Condensed Consolidating Statements of Cash Flows |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2013 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Net cash provided by operating activities |
$ |
182,961 |
|
|
$ |
8,104 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
191,065 |
|
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) investing activities |
(661,886 |
) |
|
(2,374 |
) |
|
(33,929 |
) |
|
33,929 |
|
|
(664,260 |
) |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) financing activities |
765,063 |
|
|
— |
|
|
33,929 |
|
|
(33,929 |
) |
|
765,063 |
|
|
|
|
|
|
|
|
|
|
|
Net increase in cash and cash equivalents |
286,138 |
|
|
5,730 |
|
|
— |
|
|
— |
|
|
291,868 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
165,293 |
|
|
1,795 |
|
|
— |
|
|
— |
|
|
167,088 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at end of period |
$ |
451,431 |
|
|
$ |
7,525 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
458,956 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2012 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) operating activities |
$ |
195,734 |
|
|
$ |
3,425 |
|
|
$ |
(1 |
) |
|
$ |
— |
|
|
$ |
199,158 |
|
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) investing activities |
(838,177 |
) |
|
(2,402 |
) |
|
(103,915 |
) |
|
103,915 |
|
|
(840,579 |
) |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) financing activities |
714,612 |
|
|
— |
|
|
103,915 |
|
|
(103,915 |
) |
|
714,612 |
|
|
|
|
|
|
|
|
|
|
|
Net increase (decrease) in cash and cash equivalents |
72,169 |
|
|
1,023 |
|
|
(1 |
) |
|
— |
|
|
73,191 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
93,124 |
|
|
772 |
|
|
1 |
|
|
— |
|
|
93,897 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at end of period |
$ |
165,293 |
|
|
$ |
1,795 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
167,088 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2011 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Net cash provided by operating activities |
$ |
154,329 |
|
|
$ |
3,808 |
|
|
$ |
1 |
|
|
$ |
— |
|
|
$ |
158,138 |
|
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) investing activities |
(320,203 |
) |
|
(3,045 |
) |
|
(25,858 |
) |
|
25,858 |
|
|
(323,248 |
) |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) financing activities |
256,539 |
|
|
— |
|
|
25,858 |
|
|
(25,858 |
) |
|
256,539 |
|
|
|
|
|
|
|
|
|
|
|
Net increase in cash and cash equivalents |
90,665 |
|
|
763 |
|
|
1 |
|
|
— |
|
|
91,429 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
2,459 |
|
|
9 |
|
|
— |
|
|
— |
|
|
2,468 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at end of period |
$ |
93,124 |
|
|
$ |
772 |
|
|
$ |
1 |
|
|
$ |
— |
|
|
$ |
93,897 |
|
|