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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
REVENUES $ 447,835 $ 459,957 $ 459,295 $ 426,000 $ 423,477 $ 408,474 $ 410,694 $ 404,222 $ 1,793,087 $ 1,646,867 $ 1,694,297
EXPENSES:                      
Operating                 1,256,128 1,156,135 1,220,351
General and administrative                 103,936 106,429 103,590
Depreciation and amortization                 151,514 113,925 112,692
Asset impairments         27,800       955 30,082 6,513
Costs and Expenses, Total                 1,512,533 1,406,571 1,443,146
OPERATING INCOME 66,539 65,436 79,753 68,826 41,845 [1] 69,850 65,535 63,066 280,554 240,296 251,151
OTHER (INCOME) EXPENSE:                      
Interest expense, net                 49,696 39,535 45,126
Expenses associated with debt refinancing transactions                 701   36,528
Other income                 (58) (1,204) (100)
Total non-operating expense (income)                 50,339 38,331 81,554
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES                 230,215 201,965 169,597
Income tax (expense) benefit                 (8,361) (6,943) 134,995
INCOME FROM CONTINUING OPERATIONS                 221,854 195,022 304,592
Loss from discontinued operations, net of taxes                     (3,757)
NET INCOME $ 48,598 $ 50,676 $ 65,303 $ 57,277 $ 30,006 [1] $ 57,546 $ 55,732 $ 51,738 $ 221,854 $ 195,022 $ 300,835
BASIC EARNINGS PER SHARE:                      
Income from continuing operations                 $ 1.90 $ 1.68 $ 2.77
Loss from discontinued operations, net of taxes                     (0.03)
Net income $ 0.41 $ 0.43 $ 0.56 $ 0.49 $ 0.26 [1] $ 0.50 $ 0.48 $ 0.45 1.90 1.68 2.74
DILUTED EARNINGS PER SHARE:                      
Income from continuing operations                 1.88 1.66 2.73
Loss from discontinued operations, net of taxes                     (0.03)
Net income $ 0.41 $ 0.43 $ 0.55 $ 0.49 $ 0.25 [1] $ 0.49 $ 0.48 $ 0.44 1.88 1.66 2.70
Regular Dividend                      
DILUTED EARNINGS PER SHARE:                      
Dividend declared on common stock, per share                 $ 2.16 $ 2.04 1.97
Special Dividend                      
DILUTED EARNINGS PER SHARE:                      
Dividend declared on common stock, per share                     $ 6.66
[1] The earnings amounts in the fourth quarter of 2014 were unfavorably impacted by $27.8 million of non-cash impairments recorded to write down the book values of two of CCA's non-core facilities to the estimated fair values, as discussed in Note 5.