Condensed Consolidating Financial Information (Tables)

6 Months Ended

Jun. 30, 2012

Condensed Consolidating Financial Information

Schedule of condensed consolidating balance sheet

Separate condensed consolidating financial statement information for the parent, guarantor subsidiaries and non-guarantor subsidiaries at June 30, 2012 and December 31, 2011 and for the three and six months ended June 30, 2012 and 2011 is as follows (in thousands):

	June 30, 2012 (Unaudited)
	Guarantor Parent Company			Issuer Subsidiary		Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets	$	(879	)	$	—	$	100,288	$	72,902		$	—		$	172,311
Property and equipment, net		13,705			—		154,634		18,379			—			186,718
Investment in subsidiaries		197,932			377,362		44,118		14,206			(633,618	)		—
Intercompany accounts		(6,126	)		59,804		72,976		(126,654	)		—			—
Other non-current assets		918			13,849		29,331		7,896			(177	)		51,817
Total assets	$	205,550		$	451,015	$	401,347	$	(13,271	)	$	(633,795	)	$	410,846
Liabilities, Mezzanine and Stockholders' Equity (Deficit)
Current liabilities	$	16,238		$	1,795	$	76,641	$	65,928		$	—		$	160,602
Long-term debt and capital lease obligations, net of current portion		—			347,187		448		2,533			—			350,168
Deferred income taxes and other non-current liabilities		35,182			—		32,805		1,138			—			69,125
Derivative liabilities		201			—		—		—			—			201
Total liabilities		51,621			348,982		109,894		69,599			—			580,096
Mezzanine equity		88,194			—		—		—			—			88,194
Stockholders' equity (deficit)		65,735			102,033		291,453		(82,870	)		(633,795	)		(257,444	)
Total liabilities, mezzanine equity and stockholders' equity (deficit)	$	205,550		$	451,015	$	401,347	$	(13,271	)	$	(633,795	)	$	410,846

	December 31, 2011
	Guarantor Parent Company		Issuer Subsidiary		Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets	$	971	$	—	$	134,119	$	103,310		$	—		$	238,400
Property and equipment, net		16,666		—		174,564		21,406			—			212,636
Investment in subsidiaries		197,931		377,362		44,118		14,206			(633,617	)		—
Intercompany accounts		23,454		80,834		12,845		(117,133	)		—			—
Other non-current assets		1,079		11,908		42,572		7,754			(177	)		63,136
Total assets	$	240,101	$	470,104	$	408,218	$	29,543		$	(633,794	)	$	514,172
Liabilities, Mezzanine and Stockholders' Equity (Deficit)
Current liabilities	$	48,482	$	1,565	$	78,914	$	86,362		$	—		$	215,323
Long-term debt and capital lease obligations, net of current portion		—		346,615		—		3,568			—			350,183
Deferred Income tax and other non-current liabilities		30,458		—		30,798		1,138			—			62,394
Derivative liabilities		5,778		—		—		—			—			5,778
Total liabilities		84,718		348,180		109,712		91,068			—			633,678
Mezzanine equity		83,313		—		—		—			—			83,313
Stockholders' equity (deficit)		72,070		121,924		298,506		(61,525	)		(633,794	)		(202,819	)
Total liabilities, mezzanine equity and stockholders' equity (deficit)	$	240,101	$	470,104	$	408,218	$	29,543		$	(633,794	)	$	514,172

Schedule of condensed consolidating statement of operations

	Three Months Ended June 30, 2012 (Unaudited)
	Guarantor Parent Company			Issuer Subsidiary			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	—		$	66,109		$	94,425		$	(25,747	)	$	134,787
Equity in earnings of subsidiaries		(28,216	)		—			829			(10,143	)		37,530			—
Expenses:
Direct operating expenses		(689	)		—			26,072			93,636			(25,604	)		93,415
Depreciation and amortization		(1,223	)		—			31,257			2,105			—			32,139
General and administrative		599			—			8,843			11,092			(142	)		20,392
Total expenses		(1,313	)		—			66,172			106,833			(25,746	)		145,946
Loss from operations		(26,903	)		—			766			(22,551	)		37,529			(11,159	)
Interest income (expense), net		(2,495	)		(9,951	)		(2	)		(388	)		—			(12,836	)
Other income (expenses), net		1,932			—			2,426			(1,627	)		—			2,731
Loss before income taxes		(27,466	)		(9,951	)		3,190			(24,566	)		37,529			(21,264	)
Provision for income taxes		—			—			3,583			2,619			—			6,202
Net loss	$	(27,466	)	$	(9,951	)	$	(393	)	$	(27,185	)	$	37,529		$	(27,466	)

	Six Months Ended June 30, 2012 (Unaudited)
	Guarantor Parent Company			Issuer Subsidiary			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	—		$	143,249		$	196,447		$	(41,411	)	$	298,285
Equity in earnings of subsidiaries		(48,289	)		—			1,362			(23,976	)		70,903			—
Expenses:
Direct operating expenses		3			—			68,092			193,527			(41,268	)		220,354
Depreciation and amortization		—			—			60,716			4,765			—			65,481
General and administrative		1,284			—			21,007			15,491			(142	)		37,640
Total expenses		1,287			—			149,815			213,783			(41,410	)		323,475
Loss from operations		(49,576	)		—			(5,204	)		(41,312	)		70,902			(25,190	)
Interest income (expense), net		(4,835	)		(19,891	)		(49	)		(800	)		—			(25,575	)
Other income (expenses), net		3,721			—			4,072			(576	)		—			7,217
Loss before income taxes		(50,690	)		(19,891	)		(1,181	)		(42,688	)		70,902			(43,548	)
Provision for income taxes		—			—			3,042			4,100			—			7,142
Net loss	$	(50,690	)	$	(19,891	)	$	(4,223	)	$	(46,788	)	$	70,902		$	(50,690	)

	Three Months Ended June 30, 2011 (Unaudited)
	Guarantor Parent Company			Issuer Subsidiary			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	—		$	88,715		$	88,123		$	(31,290	)	$	145,548
Equity in earnings of subsidiaries		(55,312	)		—			(35,903	)		(14,412	)		105,627			—
Expenses:
Direct operating expenses		7,438			—			36,093			108,655			(31,290	)		120,896
Depreciation and amortization		1,690			—			32,801			2,301			—			36,792
General and administrative		(22,017	)		—			13,032			24,795			—			15,810
Total (income) expenses		(12,889	)		—			81,926			135,751			(31,290	)		173,498
Loss from operations		(42,423	)		—			(29,114	)		(62,040	)		105,627			(27,950	)
Interest income (expense), net		(2,483	)		(10,597	)		160			(21	)		—			(12,941	)
Other income (expenses), net		4,414			(1,121	)		(1,663	)		2,019			—			3,649
Loss before income taxes		(40,492	)		(11,718	)		(30,617	)		(60,042	)		105,627			(37,242	)
Provision for income taxes		—			—			222			1,972			—			2,194
Net loss	$	(40,492	)	$	(11,718	)	$	(30,839	)	$	(62,014	)	$	105,627		$	(39,436	)

	Six Months Ended June 30, 2011 (Unaudited)
	Guarantor Parent Company			Issuer Subsidiary			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	—		$	158,939		$	219,211		$	(44,965	)	$	333,185
Equity in earnings of subsidiaries		(68,033	)		—			(45,522	)		(16,042	)		129,597			—
Expenses:
Direct operating expenses		13,840			—			61,946			240,366			(44,965	)		271,187
Depreciation and amortization		3,359			—			69,660			4,310			—			77,329
General and administrative		(12,277	)		—			14,323			32,057			—			34,103
Total expenses		4,922			—			145,929			276,733			(44,965	)		382,619
Loss from operations		(72,955	)		—			(32,512	)		(73,564	)		129,597			(49,434	)
Interest income (expense), net		(4,778	)		(19,587	)		345			(70	)		—			(24,090	)
Other income (expenses), net		8,469			(1,121	)		(2,429	)		3,226			—			8,145
Loss before income taxes		(69,264	)		(20,708	)		(34,596	)		(70,408	)		129,597			(65,379	)
Provision for income taxes		—			—			418			2,410			—			2,828
Net loss	$	(69,264	)	$	(20,708	)	$	(35,014	)	$	(72,818	)	$	129,597		$	(68,207	)

Schedule of condensed consolidating statement of cash flows

	Six Months Ended June 30, 2012 (Unaudited)
	Guarantor Parent Company		Issuer Subsidiary			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Consolidated
Net cash provided by (used in) operating activities	$	2,058	$	321		$	28,197		$	(4,068	)	$	—	$	26,508
Net cash provided by (used in) investing activities		—		—			(30,528	)		(409	)		—		(30,937	)
Net cash provided by (used in) financing activities		—		(321	)		(122	)		(3,769	)		—		(4,212	)
Net increase (decrease) in cash	$	2,058	$	—		$	(2,453	)	$	(8,246	)	$	—	$	(8,641	)

	Six Months Ended June 30, 2011 (Unaudited)
	Guarantor Parent Company			Issuer Subsidiary			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Consolidated
Net cash provided by (used in) operating activities	$	(32,710	)	$	(76,163	)	$	83,631		$	(8,655	)	$	78,566	$	44,669
Net cash used in investing activities		—			—			(40,256	)		(9,274	)		—		(49,530	)
Net cash provided by (used in) financing activities		—			24,725			—			(936	)		—		23,789
Net increase (decrease) in cash	$	(32,710	)	$	(51,438	)	$	43,375		$	(18,865	)	$	78,566	$	18,928