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Financial Information Related to Guarantor Subsidiaries (Tables)
9 Months Ended
Sep. 30, 2011
Financial Information Related to Guarantor Subsidiaries [Abstract] 
Financial Information Related to Subsidiaries
Condensed Consolidating Balance Sheets
September 30, 2011
(in thousands)
                                                 
                            Non-              
                    Guarantor     Guarantor              
    Parent     Issuer     Subsidiaries     Subsidiaries     Eliminations     Consolidated  
ASSETS
                                               
Current assets:
                                               
Cash and cash equivalents
  $     $ 153,526     $ 5,045     $ 51,610     $     $ 210,181  
Short-term investments
          223,592                         223,592  
Accounts receivable, net
          1,486       405,564       111,426       (36,555 )     481,921  
Income taxes receivable
                      4,155       (4,155 )      
Prepaid expenses
    62       7,099       11,966       16,524             35,651  
Inventory and other current assets
          1,579       205,449       13,009             220,037  
Intercompany interest receivable
          35,516                   (35,516 )      
 
                                   
Total current assets
    62       422,798       628,024       196,724       (76,226 )     1,171,382  
 
                                   
Property, plant and equipment, net
          2,871       1,046,722       391,259             1,440,852  
Goodwill, net
                446,947       144,768             591,715  
Notes receivable
                72,406                   72,406  
Intercompany notes receivable
          501,598                   (501,598 )      
Investments in subsidiaries
    124,271       595,029                   (719,300 )      
Equity-method investments
          69,674             1,832             71,506  
Intangible and other long-term assets, net
          28,243       77,870       29,768             135,881  
 
                                   
Total assets
  $ 124,333     $ 1,620,213     $ 2,271,969     $ 764,351     $ (1,297,124 )   $ 3,483,742  
 
                                   
 
                                               
LIABILITIES AND STOCKHOLDERS’ EQUITY
                                               
Current liabilities:
                                               
Accounts payable
  $     $ 3,699     $ 77,672     $ 73,842     $ (37,140 )   $ 118,073  
Accrued expenses
    140       54,568       104,140       39,947             198,795  
Income taxes payable
    11,242                         (4,155 )     7,087  
Deferred income taxes
    12,214                               12,214  
Current portion of decommissioning liabilities
                17,090                   17,090  
Current maturities of long-term debt
          395,623             810             396,433  
Intercompany interest payable
                      35,516       (35,516 )      
 
                                   
Total current liabilities
    23,596       453,890       198,902       150,115       (76,811 )     749,692  
 
                                   
Deferred income taxes
    257,553                   12,249             269,802  
Decommissioning liabilities
                105,372                   105,372  
Long-term debt, net
          798,196             12,141             810,337  
Intercompany notes payable
                      501,598       (501,598 )      
Intercompany payables/(receivables)
    (98,268 )     963,278       (215,454 )     (114,620 )     (534,936 )      
Other long-term liabilities
    8,260       31,117       27,065       46,906             113,348  
 
                                               
Stockholders’ equity:
                                               
Preferred stock of $.01 par value
                                   
Common stock of $.001 par value
    80                   403       (403 )     80  
Additional paid in capital
    444,187       124,271             59,104       (183,376 )     444,186  
Accumulated other comprehensive income (loss), net
                      (23,161 )           (23,161 )
Retained earnings (accumulated deficit)
    (511,075 )     (750,539 )     2,156,084       119,616             1,014,086  
 
                                   
Total stockholders’ equity
    (66,808 )     (626,268 )     2,156,084       155,962       (183,779 )     1,435,191  
 
                                   
Total liabilities and stockholders’ equity
  $ 124,333     $ 1,620,213     $ 2,271,969     $ 764,351     $ (1,297,124 )   $ 3,483,742  
 
                                   
 
December 31, 2010
(in thousands)
                                                 
                            Non-              
                    Guarantor     Guarantor              
    Parent     Issuer     Subsidiaries     Subsidiaries     Eliminations     Consolidated  
ASSETS
                                               
Current assets:
                                               
Cash and cash equivalents
  $     $     $ 5,493     $ 45,234     $     $ 50,727  
Accounts receivable, net
          415       382,935       99,010       (29,910 )     452,450  
Income tax receivable
                      2,024       (2,024 )      
Prepaid expenses
    18       4,128       8,948       12,734             25,828  
Inventory and other current assets
          1,678       222,822       10,547             235,047  
Intercompany interest receivable
          15,883                   (15,883 )      
 
                                   
 
Total current assets
    18       22,104       620,198       169,549       (47,817 )     764,052  
 
                                   
 
Property, plant and equipment, net
          3,189       957,561       352,400             1,313,150  
Goodwill, net
                447,467       140,533             588,000  
Notes receivable
                69,026                   69,026  
Intercompany notes receivable
          456,280                   (456,280 )      
Investments in subsidiaries
    124,271       602,461       4,347       4,347       (735,426 )      
Equity-method investments
          43,947             15,375             59,322  
Intangible and other long-term assets, net
          22,455       61,722       29,806             113,983  
 
                                   
 
Total assets
  $ 124,289     $ 1,150,436     $ 2,160,321     $ 712,010     $ (1,239,523 )   $ 2,907,533  
 
                                   
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
                                               
Current liabilities:
                                               
Accounts payable
  $     $ 6,654     $ 71,790     $ 64,636     $ (32,804 )   $ 110,276  
Accrued expenses
    153       42,821       91,451       27,619             162,044  
Income taxes payable
    4,499                         (2,024 )     2,475  
Deferred income taxes
    29,353                               29,353  
Current portion of decommissioning liabilities
                16,929                   16,929  
Current maturities of long-term debt
          184,000             810             184,810  
Intercompany interest payable
                      15,883       (15,883 )      
 
                                   
 
Total current liabilities
    34,005       233,475       180,170       108,948       (50,711 )     505,887  
 
                                   
 
Deferred income taxes
    211,173                   12,763             223,936  
Decommissioning liabilities
                100,787                   100,787  
Long-term debt, net
          669,089             12,546             681,635  
Intercompany notes payable
                      456,280       (456,280 )      
Intercompany payables/(receivables)
    (100,882 )     760,164       (1,407 )     (125,246 )     (532,629 )      
Other long-term liabilities
    8,260       37,537       19,427       49,513             114,737  
Stockholders’ equity:
                                               
Preferred stock of $.01 par value
                4,347       4,347       (8,694 )      
Common stock of $.001 par value
    79                   176       (176 )     79  
Additional paid in capital
    415,278       124,271             66,762       (191,033 )     415,278  
Accumulated other comprehensive loss, net
                      (25,700 )           (25,700 )
Retained earnings (accumulated deficit)
    (443,624 )     (674,100 )     1,856,997       151,621             890,894  
 
                                   
Total stockholders’ equity (deficit)
    (28,267 )     (549,829 )     1,861,344       197,206       (199,903 )     1,280,551  
 
                                   
Total liabilities and stockholders’ equity
  $ 124,289     $ 1,150,436     $ 2,160,321     $ 712,010     $ (1,239,523 )   $ 2,907,533  
 
                                   
 
Condensed Consolidating Statements of Operations
Three Months Ended September 30, 2011
(in thousands)
                                                 
                            Non-              
                    Guarantor     Guarantor              
    Parent     Issuer     Subsidiaries     Subsidiaries     Eliminations     Consolidated  
Revenues
  $     $     $ 478,485     $ 104,888     $ (18,031 )   $ 565,342  
Costs and expenses:
                                               
Cost of services (exclusive of items shown separately below)
                239,282       79,716       (17,933 )     301,065  
Depreciation, depletion, amortization and accretion
          131       54,395       10,349             64,875  
General and administrative expenses
    81       18,344       59,540       17,524       (98 )     95,391  
 
                                   
 
Income (loss) from operations
    (81 )     (18,475 )     125,268       (2,701 )           104,011  
 
                                   
 
Other income (expense):
                                               
Interest expense, net
          (20,631 )     1,254       262             (19,115 )
Intercompany interest income/(expense)
          6,822             (6,822 )            
Earnings (losses) from equity-method investments, net
          8,198                         8,198  
 
                                   
 
Income (loss) before income taxes
    (81 )     (24,086 )     126,522       (9,261 )           93,094  
 
Income taxes
    35,021                   (1,507 )           33,514  
 
                                   
 
Net income (loss)
  $ (35,102 )   $ (24,086 )   $ 126,522     $ (7,754 )   $     $ 59,580  
 
                                   
 
Three Months Ended September 30, 2010
(in thousands)
                                                 
                            Non-              
                    Guarantor     Guarantor              
    Parent     Issuer     Subsidiaries     Subsidiaries     Eliminations     Consolidated  
Revenues
  $     $     $ 367,880     $ 88,481     $ (21,008 )   $ 435,353  
 
Costs and expenses:
                                               
Cost of services (exclusive of items shown separately below)
                185,533       67,783       (21,008 )     232,308  
Depreciation, depletion, amortization and accretion
          129       47,040       9,636             56,805  
General and administrative expenses
    62       22,092       49,400       13,358             84,912  
 
                                   
 
Income (loss) from operations
    (62 )     (22,221 )     85,907       (2,296 )           61,328  
 
                                   
 
Other income (expense):
                                               
Interest income (expense), net
          (12,806 )     1,287       (937 )           (12,456 )
Intercompany interest income/(expense)
          3,903             (3,903 )            
Earnings from equity-method investments, net
          1,417             1,613             3,030  
 
                                   
Income (loss) before income taxes
    (62 )     (29,707 )     87,194       (5,523 )           51,902  
 
Income taxes
    19,027                   (342 )           18,685  
 
                                   
 
Net income (loss)
  $ (19,089 )   $ (29,707 )   $ 87,194     $ (5,181 )   $     $ 33,217  
 
                                   
 
Nine Months Ended September 30, 2011
(in thousands)
                                                 
                            Non-              
                    Guarantor     Guarantor              
    Parent     Issuer     Subsidiaries     Subsidiaries     Eliminations     Consolidated  
Revenues
  $     $     $ 1,264,360     $ 280,720     $ (54,951 )   $ 1,490,129  
 
                                               
Costs and expenses:
                                               
Cost of services (exclusive of items shown separately below)
                655,052       205,954       (54,726 )     806,280  
Depreciation, depletion, amortization and accretion
          388       154,827       32,337             187,552  
General and administrative expenses
    611       57,591       167,494       52,680       (225 )     278,151  
Gain on sale of business
                8,558                   8,558  
 
                                   
 
                                               
Income (loss) from operations
    (611 )     (57,979 )     295,545       (10,251 )           226,704  
 
                                   
 
                                               
Other income (expense):
                                               
Interest expense, net
          (50,691 )     3,542       (791 )           (47,940 )
Intercompany interest income/(expense)
          19,633             (19,633 )            
Earnings (losses) from equity-method investments, net
          12,598             1,126             13,724  
 
                                   
 
                                               
Income (loss) before income taxes
    (611 )     (76,439 )     299,087       (29,549 )           192,488  
 
                                               
Income taxes
    66,840                   2,456             69,296  
 
                                   
 
                                               
Net income (loss)
  $ (67,451 )   $ (76,439 )   $ 299,087     $ (32,005 )   $     $ 123,192  
 
                                   
 
Nine Months Ended September 30, 2010
(in thousands)
                                                 
                            Non-              
                    Guarantor     Guarantor              
    Parent     Issuer     Subsidiaries     Subsidiaries     Eliminations     Consolidated  
Revenues
  $     $     $ 1,037,981     $ 242,453     $ (55,714 )   $ 1,224,720  
Costs and expenses:
                                               
Cost of services (exclusive of items shown separately below)
                549,772       167,218       (55,714 )     661,276  
Depreciation, depletion, amortization and accretion
            386       134,205       27,561             162,152  
General and administrative expenses
    230       72,735       140,647       34,553             248,165  
 
                                   
 
Income (loss) from operations
    (230 )     (73,121 )     213,357       13,121             153,127  
 
                                   
 
Other income (expense):
                                               
Interest income (expense), net
          (40,139 )     3,244       (2,279 )           (39,174 )
Intercompany interest income/(expense)
          9,576             (9,576 )            
Earnings from equity-method investments, net
          3,917             5,268             9,185  
 
                                   
 
Income (loss) before income taxes
    (230 )     (99,767 )     216,601       6,534             123,138  
 
Income taxes
    39,062                   5,268             44,330  
 
                                   
 
Net income (loss)
  $ (39,292 )   $ (99,767 )   $ 216,601     $ 1,266     $     $ 78,808  
 
                                   
 
Condensed Consolidating Statements of Cash Flows
Nine Months Ended September 30, 2011
(in thousands)
                                         
                            Non-        
                    Guarantor     Guarantor        
    Parent     Issuer     Subsidiaries     Subsidiaries     Consolidated  
Cash flows from operating activities:
                                       
Net income (loss)
  $ (67,451 )   $ (76,439 )   $ 299,087     $ (32,005 )   $ 123,192  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
                                       
Depreciation, depletion, amortization and accretion
          388       154,827       32,337       187,552  
Deferred income taxes
    39,503                   (603 )     38,900  
Excess tax benefit from stock-based compensation
    (10,262 )                       (10,262 )
Stock-based and performance share unit compensation expense
          10,273                   10,273  
Retirement and deferred compensation plans expense
          1,994                   1,994  
(Earnings) losses from equity-method investments, net
          (11,061 )           (1,126 )     (12,187 )
Amortization of debt acquisition costs and note discount
          19,321             12       19,333  
Gain on sale of business
                (8,558 )           (8,558 )
Other reconciling items, net
          (1,279 )     (3,380 )           (4,659 )
Changes in operating assets and liabilities, net of acquisitions and dispositions:
                                       
Accounts receivable
          (1,072 )     (23,515 )     (4,012 )     (28,599 )
Inventory and other current assets
          99       14,281       (2,965 )     11,415  
Accounts payable
          (2,956 )     2,830       3,190       3,064  
Accrued expenses
    (13 )     9,810       11,034       6,376       27,207  
Income taxes
    5,444                   (4,667 )     777  
Other, net
    (44 )     (4,798 )     8,395       (870 )     2,683  
 
                             
Net cash provided by (used in) operating activities
    (32,823 )     (55,720 )     455,001       (4,333 )     362,125  
 
                             
Cash flows from investing activities:
                                       
Payments for capital expenditures
          (70 )     (263,983 )     (65,176 )     (329,229 )
Purchases of short-term investments, net
          (223,491 )                 (223,491 )
Acquisitions of businesses, net of cash acquired
                (200 )     (548 )     (748 )
Cash proceeds from sale of business
                22,349             22,349  
Other, net
                (720 )           (720 )
Intercompany receivables/payables
    10,648       123,465       (212,895 )     78,782        
 
                             
Net cash provided by (used in) investing activities
    10,648       (100,096 )     (455,449 )     13,058       (531,839 )
 
                             
Cash flows from financing activities:
                                       
Net payments on revolving credit facility
          (175,000 )                 (175,000 )
Proceeds from long-term debt
          500,000                   500,000  
Principal payments on long-term debt
                      (405 )     (405 )
Payment of debt acquisition costs
          (9,558 )                 (9,558 )
Proceeds from exercise of stock options
    10,211                         10,211  
Excess tax benefit from stock-based compensation
    10,262                         10,262  
Proceeds from issuance of stock through employee benefit plans
    1,702                         1,702  
Other
          (6,100 )           (2,353 )     (8,453 )
 
                             
Net cash provided by (used in) financing activities
    22,175       309,342             (2,758 )     328,759  
 
                             
Effect of exchange rate changes on cash
                      409       409  
 
                             
Net increase (decrease) in cash and cash equivalents
          153,526       (448 )     6,376       159,454  
Cash and cash equivalents at beginning of period
                5,493       45,234       50,727  
 
                             
Cash and cash equivalents at end of period
  $     $ 153,526     $ 5,045     $ 51,610     $ 210,181  
 
                             
 
Nine Months Ended September 30, 2010
(in thousands)
                                         
                            Non-        
                    Guarantor     Guarantor        
    Parent     Issuer     Subsidiaries     Subsidiaries     Consolidated  
Cash flows from operating activities:
                                       
Net income (loss)
  $ (39,292 )   $ (99,767 )   $ 216,601     $ 1,266     $ 78,808  
Adjustments to reconcile net income to net cash provided by operating activities:
                                       
Depreciation, depletion, amortization and accretion
          386       134,205       27,561       162,152  
Deferred income taxes
    2,236                   (954 )     1,282  
Excess tax benefit from exercise of stock options
    (195 )                       (195 )
Stock-based and performance share unit compensation expense
          18,347                   18,347  
Retirement and deferred compensation plans expense
          5,035                   5,035  
(Earnings) losses from equity-method investments, net
          4,524             (4,108 )     416  
Amortization of debt acquisition costs
          17,857                   17,857  
Other reconciling items, net
          (244 )     (3,499 )           (3,743 )
Changes in operating assets and liabilities, net of acquisitions and dispositions:
                                       
Accounts receivable
          (338 )     (121,501 )     (9,665 )     (131,504 )
Inventory and other current assets
          44       122,755       (4,180 )     118,619  
Accounts payable
          (1,202 )     1,035       (1,380 )     (1,547 )
Accrued expenses
    11       2,249       14,144       5,306       21,710  
Income taxes
    38,940                   (2,458 )     36,482  
Other, net
    (1,054 )     (1,956 )     17,508       (1,467 )     13,031  
 
                             
Net cash provided by operating activities
    646       (55,065 )     381,248       9,921       336,750  
 
                             
 
Cash flows from investing activities:
                                       
Payments for capital expenditures
                (153,336 )     (85,476 )     (238,812 )
Acquisitions of businesses, net of cash acquired
                (55,276 )     (206,772 )     (262,048 )
Other, net
          963       (6,980 )     (252 )     (6,269 )
Intercompany receivables/payables
    (2,742 )     (128,846 )     (169,464 )     301,052        
 
                             
 
Net cash provided by (used in) investing activities
    (2,742 )     (127,883 )     (385,056 )     8,552       (507,129 )
 
                             
 
Cash flows from financing activities:
                                       
Net borrowings on revolving credit facility
          16,500                   16,500  
Principal payments on long-term debt
                      (405 )     (405 )
Payment of debt acquisition costs
          (5,164 )                 (5,164 )
Proceeds from exercise of stock options
    396                         396  
Excess tax benefit from stock-based compensation
    195                         195  
Proceeds from issuance of stock through employee benefit plans
    1,505                         1,505  
Other
                      (2,100 )     (2,100 )
 
                             
Net cash provided by (used in) financing activities
    2,096       11,336             (2,505 )     10,927  
 
                             
Effect of exchange rate changes on cash
                      328       328  
 
                             
Net increase (decrease) in cash and cash equivalents
          (171,612 )     (3,808 )     16,296       (159,124 )
Cash and cash equivalents at beginning of period
          171,903       4,871       29,731       206,505  
 
                             
Cash and cash equivalents at end of period
  $     $ 291     $ 1,063     $ 46,027     $ 47,381