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New Accounting Standards (Tables)
 9 Months Ended
Sep. 30, 2017
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]  
Summary of Adjustments to Quarterly Data Resulting from Adoption of New Standard

Income taxes - Upon adoption of this standard, all excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) are recognized as income tax expense or benefit in our consolidated statements of operations. The tax effects of exercised or vested awards are treated as discrete items in the reporting period in which they occur. Adoption of this new standard resulted in the recognition of an excess tax deficiency in our provision for income taxes rather than paid-in capital of $2.1 million for the year ended December 31, 2016 and affected our previously reported first quarter 2016 results as follows (in thousands, except per share data):

 

 

Three Months

Ended March 31, 2016

 

 

As Reported

 

 

 

As Adjusted

 

 

(unaudited)

 

Statements of Operations

 

 

 

 

 

 

 

Income tax benefit

$

(44,038

)

 

$

(41,976

)

Net loss

 

(91,710

)

 

 

(93,772

)

Basic earnings per share

 

(0.55

)

 

 

(0.56

)

Diluted earnings per share

 

(0.55

)

 

 

(0.56

)

Statements of cash flows - The presentation requirements for cash flows related to employee taxes paid for withheld shares were adjusted retrospectively. These cash flows have historically been presented as an operating activity. Upon adoption of this new standard, these cash outflows were classified as a financing activity. Prior periods have been adjusted as follows (in thousands):

 

 

As Reported

 

 

 

As Adjusted

 

 

 

Net cash

provided from

operating activities

 

 

 

Net cash

provided from operating

activities

 

Three months ended March 31, 2016

$

87,424

 

 

$

90,785

 

Six months ended June 30, 2016

 

169,604

 

 

 

173,201

 

Nine months ended September 30, 2016

 

202,037

 

 

 

205,837

 

 

 

 

As Reported

 

 

 

As Adjusted

 

 

 

Net cash

used in

financing

activities

 

 

 

Net cash

used in

financing

activities

 

Three months ended March 31, 2016

$

(72,473

)

 

$

(75,834

)

Six months ended June 30, 2016

 

(95,411

)

 

 

(99,008

)

Nine months ended September 30, 2016

 

(35,229

)

 

 

(39,029

)