CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Tables)

6 Months Ended

Jun. 30, 2017



CONDENSED CONSOLIDATING UNAUDITED STATEMENTS OF OPERATIONS
	Predecessor
	Three Months Ended June 30, 2016
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in thousands)
Revenues	$	—		$	92,122		$	3,000		$	(110	)	$	95,012
Direct operating expense	—			86,419			3,102			(102		)	89,419
Depreciation and amortization expense	—			34,676			1,180			—			35,856
General and administrative expense	205			38,091			2,607			—			40,903
Operating loss	(205		)	(67,064		)	(3,889		)	(8		)	(71,166		)
Interest expense, net of amounts capitalized	21,357			—			—			—			21,357
Other (income) loss, net	(645		)	49			890			118			412
Loss before income taxes	(20,917		)	(67,113		)	(4,779		)	(126		)	(92,935		)
Income tax (expense) benefit	(6		)	—			139			—			133
Net loss	$	(20,923	)	$	(67,113	)	$	(4,640	)	$	(126	)	$	(92,802	)



CONDENSED CONSOLIDATING UNAUDITED STATEMENTS OF OPERATIONS
	Predecessor
	Three Months Ended June 30, 2016
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in thousands)
Revenues	$	—		$	92,122		$	3,000		$	(110	)	$	95,012
Direct operating expense	—			86,419			3,102			(102		)	89,419
Depreciation and amortization expense	—			34,676			1,180			—			35,856
General and administrative expense	205			38,091			2,607			—			40,903
Operating loss	(205		)	(67,064		)	(3,889		)	(8		)	(71,166		)
Interest expense, net of amounts capitalized	21,357			—			—			—			21,357
Other (income) loss, net	(645		)	49			890			118			412
Loss before income taxes	(20,917		)	(67,113		)	(4,779		)	(126		)	(92,935		)
Income tax (expense) benefit	(6		)	—			139			—			133
Net loss	$	(20,923	)	$	(67,113	)	$	(4,640	)	$	(126	)	$	(92,802	)



CONDENSED CONSOLIDATING UNAUDITED STATEMENTS OF OPERATIONS
	Predecessor
	Six Months Ended June 30, 2016
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in thousands)
Revenues	$	—		$	199,594		$	6,756		$	(250	)	$	206,100
Direct operating expense	—			173,226			7,025			(234		)	180,017
Depreciation and amortization expense	—			69,210			2,398			—			71,608
General and administrative expense	398			81,689			5,061			—			87,148
Operating loss	(398		)	(124,531		)	(7,728		)	(16		)	(132,673		)
Interest expense, net of amounts capitalized	42,941			—			—			—			42,941
Other (income) loss, net	(1,290		)	(94		)	332			233			(819		)
Loss before income taxes	(42,049		)	(124,437		)	(8,060		)	(249		)	(174,795		)
Income tax (expense) benefit	(12		)	—			391			—			379
Net loss	$	(42,061	)	$	(124,437	)	$	(7,669	)	$	(249	)	$	(174,416	)



CONDENSED CONSOLIDATING UNAUDITED STATEMENTS OF CASH FLOWS
	Predecessor
	Six Months Ended June 30, 2016
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in thousands)
Net cash provided by (used in) operating activities	$	—		$	(71,274	)	$	3,884		$	—		$	(67,390	)
Cash flows from investing activities:
Capital expenditures	—			(4,720		)	(347		)	—			(5,067		)
Intercompany notes and accounts	—			59,815			—			(59,815		)	—
Other investing activities, net	—			8,506			—			—			8,506
Net cash provided by (used in) investing activities	—			63,601			(347		)	(59,815		)	3,439
Cash flows from financing activities:
Repayments of long-term debt	(13,901		)	—			—			—			(13,901		)
Restricted stock	(18,605		)	—			—			—			(18,605		)
Repurchases of common stock	(164		)	—			—			—			(164		)
Intercompany notes and accounts	(59,815		)	—			—			59,815			—
Other financing activities, net	(2,618		)	—			—			—			(2,618		)
Net cash used in financing activities	(95,103		)	—			—			59,815			(35,288		)
Effect of changes in exchange rates on cash	—			—			(1,593		)	—			(1,593		)
Net increase (decrease) in cash and cash equivalents	(95,103		)	(7,673		)	1,944			—			(100,832		)
Cash and cash equivalents at beginning of period	191,065			10,024			3,265			—			204,354
Cash and cash equivalents at end of period	$	95,962		$	2,351		$	5,209		$	—		$	103,522