XML 123 R95.htm IDEA: XBRL DOCUMENT v3.3.1.900
Schedule I - Condensed Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2015
Jan. 31, 2015
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
[2]
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash Flows From Operating Activities:                          
Net income     $ (11,028) [1] $ 97,950 $ 5,809 $ (43,598) $ (25,446) [3] $ 87,176 $ 37,406 $ (49,217) $ 49,133 $ 49,919 $ 51,920
Adjustments to reconcile net income to net cash provided by operating activities:                          
Net cash provided by operating activities                     286,274 261,532 286,461
Cash Flows From Investing Activities:                          
Net cash used in investing activities                     (157,377) (156,546) (166,376)
Cash Flows From Financing Activities:                          
Proceeds from issuance of common stock, net of underwriter commissions                         253,800
Purchase of treasury stock $ (30,000) $ (5,650)                 (50,650) (60,058) (44,163)
Dividend paid to common stockholders                     (72,318) (72,113) (36,175)
Offering costs                         (4,694)
Net cash used in financing activities                     (153,832) (177,921) (48,919)
Change in Cash and Cash Equivalents                     (24,935) (72,935) 71,166
Cash and Cash Equivalents—Beginning of period   43,906                 43,906 116,841 45,675
Cash and Cash Equivalents—End of period 18,971   18,971       43,906       18,971 43,906 116,841
Supplemental Disclosures of Noncash Investing and Financing Activities                          
Dividends declared, but unpaid 430   430       172       430 172 17,939
Treasury stock purchases settled in January 2015   5,650         5,650         5,650  
Parent Company [Member]                          
Cash Flows From Operating Activities:                          
Net income                     49,133 49,919 51,920
Adjustments to reconcile net income to net cash provided by operating activities:                          
Equity in net income of subsidiary                     (49,133) (49,919) (51,920)
Dividend received from subsidiary-return on capital (net of forfeitures)                     36,196 36,056 18,072
Net cash provided by operating activities                     36,196 36,056 18,072
Cash Flows From Investing Activities:                          
Capital contributed to subsidiary                         (249,106)
Restricted payment from subsidiary                     45,000 65,708 44,163
Dividend received from subsidiary-return of capital (net of forfeitures)                     36,381 36,056 18,072
Net cash used in investing activities                     81,381 101,764 (186,871)
Cash Flows From Financing Activities:                          
Proceeds from issuance of common stock, net of underwriter commissions                         253,800
Purchase of treasury stock   (5,650)                 (50,650) (60,058) (44,163)
Dividend paid to common stockholders                     (72,318) (72,113) (36,175)
Offering costs                         (4,694)
(Payment) receipt of cash for tax withholdings on equity-based compensation                     (37) 37  
Net cash used in financing activities                     (123,005) (132,134) 168,768
Change in Cash and Cash Equivalents                     (5,428) 5,686 (31)
Cash and Cash Equivalents—Beginning of period   $ 5,858                 5,858 172 203
Cash and Cash Equivalents—End of period 430   430       5,858       430 5,858 172
Supplemental Disclosures of Noncash Investing and Financing Activities                          
Dividends declared, but unpaid $ 430   $ 430       172       $ 430 172 $ 17,939
Treasury stock purchases settled in January 2015             $ 5,650         $ 5,650  
[1] During the fourth quarter of 2015, the Company recorded $2,001 in restructuring and other related costs primarily related to severance costs for certain positions which were eliminated as part of a cost savings initiative. See Note 4–Restructuring Program and Separation Costs for further details.
[2] During the second quarter of 2015, the Company recorded $20,348 in loss on early extinguishment of debt and write-off of discounts and debt issuance costs related to the early redemption of $260,000 of its Senior Notes. See Note 11–Long-Term Debt for further details.
[3] During the fourth quarter of 2014, the Company recorded $10,371 in restructuring and other related costs incurred in connection with the restructuring program which the Company implemented in December 2014. Also during the fourth quarter of 2014, the Company recorded $2,574 in separation costs representing costs incurred pursuant to the previously announced separation of the Company’s Former Chief Executive Officer and President on January 15, 2015. See Note 4–Restructuring Program and Separation Costs for further details.