Information Concerning Guarantor and Non-Guarantor Subsidiaries (Tables)

3 Months Ended

Mar. 31, 2012

Information Concerning Guarantor and Non Guarantor Subsidiaries [Abstract]

Condensed Consolidating Statement of Operations

Condensed Consolidating Statement of Operations

For the Three Months Ended March 31, 2012

(in thousands)	Issuer			Guarantors			Non- Guarantors			Eliminations			Consolidated
Revenues	$	2,798		$	239,011		$	—		$	(2,894	)	$	238,915
Operating expenses:
Operating costs		—			134,983			—			—			134,983
Selling, general and administrative		8,030			41,382			—			(103	)		49,309
Casualty loss		33			141			—			—			174
Preopening costs		13			318			—			—			331
Management fees		—			2,791			—			(2,791	)		—
Depreciation and amortization		769			31,665			—			—			32,434
Operating income (loss)		(6,047	)		27,731			—			—			21,684
Interest expense, net of amounts capitalized		(14,634	)		(29,828	)		(104	)		30,204			(14,362	)
Interest income		25,329			3,949			4,080			(30,204	)		3,154
Income (loss) before income taxes		4,648			1,852			3,976			—			10,476
Provision for income taxes		(1,951	)		(849	)		(1,669	)		—			(4,469	)
Equity in subsidiaries’ earnings, net		3,331			—			—			(3,331	)		—
Income from continuing operations		6,028			1,003			2,307			(3,331	)		6,007
Income from discontinued operations, net of taxes		—			—			21			—			21
Net income	$	6,028		$	1,003		$	2,328		$	(3,331	)	$	6,028
Comprehensive income	$	6,028		$	1,003		$	2,328		$	(3,331	)	$	6,028

Condensed Consolidating Statement of Operations

For the Three Months Ended March 31, 2011

(in thousands)	Issuer			Guarantors			Non- Guarantors			Eliminations			Consolidated
Revenues	$	1,475		$	220,759		$	—		$	(1,496	)	$	220,738
Operating expenses:
Operating costs		—			133,906			—			(28	)		133,878
Selling, general and administrative		4,292			38,786			—			—			43,078
Casualty loss		—			(1	)		—			—			(1	)
Management fees		—			1,468			—			(1,468	)		—
Depreciation and amortization		1,027			28,030			—			—			29,057
Operating income (loss)		(3,844	)		18,570			—			—			14,726
Interest expense, net of amounts capitalized		(21,074	)		(29,984	)		(99	)		30,348			(20,809	)
Interest income		25,827			3,865			3,829			(30,348	)		3,173
Income from unconsolidated companies		—			173			—			—			173
Other gains and (losses), net		—			(191	)		—			—			(191	)
Income (loss) before income taxes		909			(7,567	)		3,730			—			(2,928	)
(Provision) benefit for income taxes		(475	)		2,891			(1,449	)		—			967
Equity in subsidiaries’ losses, net		(2,391	)		—			—			2,391			—
Income (loss) from continuing operations		(1,957	)		(4,676	)		2,281			2,391			(1,961	)
Income (loss) from discontinued operations, net of taxes		—			22			(18	)		—			4
Net income (loss)	$	(1,957	)	$	(4,654	)	$	2,263		$	2,391		$	(1,957	)
Comprehensive income (loss)	$	1,452		$	(4,654	)	$	2,263		$	2,391		$	1,452

Condensed Consolidated Balance Sheets

Condensed Consolidating Balance Sheet

March 31, 2012

(in thousands)	Issuer			Guarantors			Non- Guarantors			Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents — unrestricted	$	16,100		$	3,762		$	—		$	—		$	19,862
Cash and cash equivalents — restricted		1,150			—			—			—			1,150
Trade receivables, net		—			62,975			—			—			62,975
Deferred income taxes		164			6,257			23			—			6,444
Other current assets		(2,970	)		43,997			—			(126	)		40,901
Intercompany receivables, net		1,760,398			—			306,358			(2,066,756	)		—
Total current assets		1,774,842			116,991			306,381			(2,066,882	)		131,332
Property and equipment, net of accumulated depreciation		46,993			2,158,668			—			—			2,205,661
Notes receivable, net of current portion		—			143,849			—			—			143,849
Long-term deferred financing costs		14,758			—			—			—			14,758
Other long-term assets		663,781			358,996			—			(970,084	)		52,693
Long-term assets of discontinued operations		—			—			376			—			376
Total assets	$	2,500,374		$	2,778,504		$	306,757		$	(3,036,966	)	$	2,548,669
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt and capital lease obligations	$	—		$	763		$	—		$	—		$	763
Accounts payable and accrued liabilities		13,304			140,357			—			(417	)		153,244
Intercompany payables, net		—			1,976,173			90,583			(2,066,756	)		—
Current liabilities of discontinued operations		—			—			165			—			165
Total current liabilities		13,304			2,117,293			90,748			(2,067,173	)		154,172
Long-term debt and capital lease obligations, net of current portion		1,059,732			1,450			—			—			1,061,182
Deferred income taxes		(35,216	)		145,642			(81	)		—			110,345
Other long-term liabilities		84,709			84,668			—			291			169,668
Long-term liabilities of discontinued operations		—			—			451			—			451
Commitments and contingencies
Stockholders’ equity:
Preferred stock		—			—			—			—			—
Common stock		489			2,388			1			(2,389	)		489
Additional paid-in capital		931,213			1,081,067			(40,129	)		(1,040,938	)		931,213
Treasury stock		(4,599	)		—			—			—			(4,599	)
Retained earnings		486,799			(654,004	)		255,767			73,243			161,805
Accumulated other comprehensive loss		(36,057	)		—			—			—			(36,057	)
Total stockholders’ equity		1,377,845			429,451			215,639			(970,084	)		1,052,851
Total liabilities and stockholders’ equity	$	2,500,374		$	2,778,504		$	306,757		$	(3,036,966	)	$	2,548,669

Condensed Consolidating Balance Sheet

December 31, 2011

(in thousands)	Issuer			Guarantors			Non- Guarantors			Eliminations			Consolidated
ASSETS:
Current assets:
Cash and cash equivalents — unrestricted	$	37,562		$	6,826		$	—		$	—		$	44,388
Cash and cash equivalents — restricted		1,150			—			—			—			1,150
Trade receivables, net		—			41,939			—			—			41,939
Deferred income taxes		1,195			7,423			23			—			8,641
Other current assets		2,710			45,954			—			(126	)		48,538
Intercompany receivables, net		1,745,197			—			302,368			(2,047,565	)		—
Total current assets		1,787,814			102,142			302,391			(2,047,691	)		144,656
Property and equipment, net of accumulated depreciation		43,733			2,165,394			—			—			2,209,127
Notes receivable, net of current portion		—			142,567			—			—			142,567
Long-term deferred financing costs		15,947			—			—			—			15,947
Other long-term assets		658,167			359,297			—			(966,751	)		50,713
Long-term assets of discontinued operations		—			—			390			—			390
Total assets	$	2,505,661		$	2,769,400		$	302,781		$	(3,014,442	)	$	2,563,400
LIABILITIES AND STOCKHOLDERS’ EQUITY:
Current liabilities:
Current portion of long-term debt and capital lease obligations	$	—		$	755		$	—		$	—		$	755
Accounts payable and accrued liabilities		17,934			151,458			—			(417	)		168,975
Intercompany payables, net		—			1,958,653			88,912			(2,047,565	)		—
Current liabilities of discontinued operations		—			—			186			—			186
Total current liabilities		17,934			2,110,866			89,098			(2,047,982	)		169,916
Long-term debt and capital lease obligations, net of current portion		1,071,426			1,644			—			—			1,073,070
Deferred income taxes		(36,586	)		144,886			(81	)		—			108,219
Other long-term liabilities		82,358			83,560			—			291			166,209
Long-term liabilities of discontinued operations		—			—			451			—			451
Commitments and contingencies
Stockholders’ equity:
Preferred stock		—			—			—			—			—
Common stock		484			2,388			1			(2,389	)		484
Additional paid-in capital		929,904			1,081,063			(40,127	)		(1,040,936	)		929,904
Treasury stock		(4,599	)		—			—			—			(4,599	)
Retained earnings		480,771			(655,007	)		253,439			76,574			155,777
Accumulated other comprehensive loss		(36,031	)		—			—			—			(36,031	)
Total stockholders’ equity		1,370,529			428,444			213,313			(966,751	)		1,045,535
Total liabilities and stockholders’ equity	$	2,505,661		$	2,769,400		$	302,781		$	(3,014,442	)	$	2,563,400

Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows

For the Three Months Ended March 31, 2012

(in thousands)	Issuer			Guarantors			Non- Guarantors			Eliminations		Consolidated
Net cash provided by (used in) continuing operating activities	$	(6,782	)	$	20,697		$	(13	)	$	—	$	13,902
Net cash provided by discontinued operating activities		—			—			13			—		13
Net cash provided by (used in) operating activities		(6,782	)		20,697			—			—		13,915
Purchases of property and equipment		(2,912	)		(26,822	)		—			—		(29,734	)
Collection of notes receivable		—			2,870			—			—		2,870
Other investing activities		—			378			—			—		378
Net cash used in investing activities — continuing operations		(2,912	)		(23,574	)		—			—		(26,486	)
Net cash used investing activities — discontinued operations		—			—			—			—		—
Net cash used in investing activities		(2,912	)		(23,574	)		—			—		(26,486	)
Net repayments under credit facility		(15,000	)		—			—			—		(15,000	)
Proceeds from exercise of stock option and purchase plans		3,232			—			—			—		3,232
Other financing activities, net		—			(187	)		—			—		(187	)
Net cash used in financing activities — continuing operations		(11,768	)		(187	)		—			—		(11,955	)
Net cash provided by financing activities — discontinued operations		—			—			—			—		—
Net cash used in financing activities		(11,768	)		(187	)		—			—		(11,955	)
Net change in cash and cash equivalents		(21,462	)		(3,064	)		—			—		(24,526	)
Cash and cash equivalents at beginning of period		37,562			6,826			—			—		44,388
Cash and cash equivalents at end of period	$	16,100		$	3,762		$	—		$	—	$	19,862

Condensed Consolidating Statement of Cash Flows

For the Three Months Ended March 31, 2011

(in thousands)	Issuer			Guarantors			Non- Guarantors			Eliminations		Consolidated
Net cash (used in) provided by continuing operating activities	$	(37,264	)	$	29,248		$	64		$	—	$	(7,952	)
Net cash provided by (used in) discontinued operating activities		—			38			(64	)		—		(26	)
Net cash (used in) provided by operating activities		(37,264	)		29,286			—			—		(7,978	)
Purchases of property and equipment		(1,588	)		(35,909	)		—			—		(37,497	)
Collection of notes receivable		—			2,465			—			—		2,465
Other investing activities		4			1,566			—			—		1,570
Net cash used in investing activities — continuing operations		(1,584	)		(31,878	)		—			—		(33,462	)
Net cash used investing activities — discontinued operations		—			—			—			—		—
Net cash used in investing activities		(1,584	)		(31,878	)		—			—		(33,462	)
Proceeds from exercise of stock option and purchase plans		4,052			—			—			—		4,052
Other financing activities, net		—			(42	)		—			—		(42	)
Net cash provided by (used in) financing activities — continuing operations		4,052			(42	)		—			—		4,010
Net cash provided by financing activities — discontinued operations		—			—			—			—		—
Net cash provided by (used in) financing activities		4,052			(42	)		—			—		4,010
Net change in cash and cash equivalents		(34,796	)		(2,634	)		—			—		(37,430	)
Cash and cash equivalents at beginning of period		117,913			6,485			—			—		124,398
Cash and cash equivalents at end of period	$	83,117		$	3,851		$	—		$	—	$	86,968