XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 193.2 $ 12.4
Accounts receivable-trade, net of allowance for doubtful accounts of $4.3 and $6.7, respectively 40.9 44.4
Accounts receivable-other, net 17.2 2.8
Prepaid expenses and other 30.7 16.0
Current assets held for sale   39.2
Total current assets 282.0 114.8
Right-of-use lease assets-operating 17.2 22.1
Property, plant and equipment, net 722.3 720.9
Franchise operating rights 620.1 620.1
Goodwill 225.1 225.1
Intangible assets subject to amortization, net 1.7 1.9
Other non-current assets 38.3 42.1
Non-current assets held for sale   740.0
Total assets 1,906.7 2,487.0
Current liabilities    
Accounts payable-trade 50.3 32.4
Accrued interest 0.8 4.0
Current portion of long-term lease liability-operating 5.1 5.8
Accrued liabilities and other 218.7 79.7
Current portion of long-term debt and finance lease obligations 17.9 37.5
Current portion of unearned service revenue 28.1 28.6
Current liabilities held for sale   47.9
Total current liabilities 320.9 235.9
Long-term debt and finance lease obligations, net of debt issuance costs -less current portion 723.5 2,228.5
Long-term lease liability-operating 13.8 19.0
Deferred income taxes, net 257.6 200.6
Other non-current liabilities 20.1 13.1
Non-current liabilities held for sale   2.3
Total liabilities 1,335.9 2,699.4
Commitments and contingencies (Note 17)
Stockholders' equity (deficit):    
Preferred stock, $0.01 par value, 100,000,000 shares authorized; 0 shares issued and outstanding
Common stock, $0.01 par value, 700,000,000 shares authorized; 96,225,910 and 95,187,161 issued as of December 31, 2021 and December 31, 2020, respectively; 87,392,088 and 86,847,797 outstanding as of December 31, 2021 and December 31, 2020, respectively 1.0 1.0
Additional paid-in capital 348.5 333.8
Accumulated other comprehensive income (loss)   (6.5)
Accumulated income (deficit) 310.5 (460.0)
Treasury stock at cost, 8,833,822 and 8,339,364 shares as of December 31, 2021 and December 31, 2020, respectively (89.2) (80.7)
Total stockholders' equity (deficit) [1] 570.8 (212.4)
Total liabilities and stockholders' equity (deficit) $ 1,906.7 $ 2,487.0
[1] Included in outstanding shares as of December 31, 2021, 2020 and 2019 are 4,325,124, 4,990,971 and 3,140,168, respectively, of non-vested shares of restricted stock awards granted to employees and directors.