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Summary of Quarterly Financial Information
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Information
SUPPLEMENTAL SUMMARY QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(in thousands, except per share amounts)


 
Quarter ended
Fiscal Year 2014
March 31
 
June 30
 
September 30
 
December 31
Revenues
$
413,885

 
$
378,351

 
$
329,546

 
$
285,563

Operating loss
$
(47,062
)
 
$
(99,439
)
 
$
(54,833
)
 
$
(105,602
)
Net loss(1)
$
(92,178
)
 
$
(151,391
)
 
$
(98,902
)
 
$
(128,097
)
Basic and Diluted loss per share:(3)
 

 
 

 
 

 
 

Net loss
$
(1.47
)
 
$
(2.33
)
 
$
(1.48
)
 
$
(1.83
)

 
Quarter ended
Fiscal Year 2013
March 31
 
June 30
 
September 30
 
December 31
Revenues
$
491,343

 
$
441,496

 
$
455,796

 
$
471,996

Operating loss
$
(63,620
)
 
$
(30,553
)
 
$
(59,081
)
 
$
(17,711
)
Net loss(2)
$
(49,444
)
 
$
(34,492
)
 
$
(100,724
)
 
$
(174,343
)
Basic and Diluted loss per share:(3)
 

 
 

 
 

 
 

Net loss
$
(0.79
)
 
$
(0.55
)
 
$
(1.61
)
 
$
(2.79
)
_______________________________________________________________________________

(1)
Net loss included restructuring and impairment charges (benefits) of $31.3 million, $(2.4) million and $28.6 million for the three months ended June, 30, 2014, September 30, 2014 and December 31, 2014, respectively. Net loss also included gain (loss) on extinguishment of debt of $(13.9) million, $11.4 million, $3.4 million, and $32.8 million for the three months ended March 31, 2014, June 30, 2014, September 30, 2014 and December 31, 2014, respectively.
(2)
Net loss included restructuring and impairment charges (benefits) of $7.4 million, $(5.7) million and $1.2 million for the three months ended March 31, 2013, June 30, 2013 and December 31, 2013, respectively. Net loss also included a gain (loss) on extinguishment of debt of $6.0 million and $(0.9) million in the three months ended March 31, 2013 and September 30, 2013, respectively. Net loss for the three months ended December 31, 2013 also included a $140.9 million income tax charge for a deferred income tax valuation allowance.
(3)
The sum of quarterly EPS amounts may be different than annual amounts as a result of the impact of variations in shares outstanding.