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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Summary of Long-Term Debt

Long-term debt as of June 30, 2015 and December 31, 2014 consisted of the following:

 

     June 30,      December 31,  
     2015      2014  

Term B-2 Loans (effective interest rate of 3.26% at June 30, 2015 and December 31, 2014)

   $ 1,345,413       $ 1,352,438   

Term B-3 Loans (effective interest rate of 4.33% at June 30, 2015)

     279,300         —     

Revolving Credit Facility

     —           —     

Senior Notes (effective interest rate of 12.07% at December 31, 2014)

     —           260,000   
  

 

 

    

 

 

 

Total long-term debt

     1,624,713         1,612,438   

Less discounts

     (8,213      (8,985

Less debt issuance costs

     (15,285      (20,003

Less current maturities

     (16,850      (14,050
  

 

 

    

 

 

 

Total long-term debt, net

   $ 1,584,365       $ 1,569,400   
  

 

 

    

 

 

 
Summary of Long-Term Debt Repayable

Long-term debt at June 30, 2015, is repayable as follows:

 

Years Ending
December 31,

      

2015

   $ 8,425   

2016

     16,850   

2017

     16,850   

2018

     16,850   

2019

     16,850   

Thereafter

     1,548,888   
  

 

 

 

Total

   $     1,624,713   
  

 

 

 
Schedule of Impact of Corrections on Affected Financial Statements (Previously Issued Quarterly Periods)

The following table presents the impact of the corrections on previously issued periods included within this Quarterly Report on Form 10-Q (see the “Revision of Previously Issued Financial Statements” section of Note 1–Description of the Business and Basis of Presentation for further details):

 

    For the Three Months Ended June 30, 2014     For the Six Months Ended June 30, 2014  
    As Previously
Reported
    Adjustments     As Revised     As Previously
Reported
    Adjustments     As Revised  

Selected Statements of Comprehensive Income (Loss) Data:

     

Interest expense

  $ 20,638      $ (112   $ 20,526      $ 40,684      $ (454   $ 40,230   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) before income taxes

  $ 59,994      $ 112      $ 60,106      $ (19,477   $ 454      $ (19,023
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Provision for (benefit from) income taxes

  $ 22,658      $ 42      $ 22,700      $ (7,382   $ 170      $ (7,212
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss)

  $ 37,336      $ 70      $ 37,406      $ (12,095   $ 284      $ (11,811
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) per share:

           

Net income (loss) per share, basic

  $ 0.43      $ —        $ 0.43      $ (0.14   $ (0.01   $ (0.13

Net income (loss) per share, diluted

  $ 0.43      $ —        $ 0.43      $ (0.14   $ (0.01   $ (0.13