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Guarantor and Non-Guarantor Supplemental Financial Information (Tables) - Orbitz | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2015 | Dec. 31, 2014
Entity Information [Line Items] |  |
Income Statement | Condensed Consolidated Statement of Operations Six months ended June 30, 2015 (in thousands)
| Guarantor |  | Non-Guarantor |  | Eliminations |  | Consolidated
Net revenue | $ | 365,089 |  |  | $ | 94,713 |  |  | $ | — |  |  | $ | 459,802 |
Cost and expenses: |  |  |  |  |  |  |
Cost of revenue | 102,389 |  |  | 33,991 |  |  | — |  |  | 136,380 |
Selling, general and administrative | 102,262 |  |  | 40,949 |  |  | — |  |  | 143,211 |
Marketing | 111,836 |  |  | 46,409 |  |  | — |  |  | 158,245 |
Depreciation and amortization | 27,489 |  |  | 989 |  |  | — |  |  | 28,478 |
Total operating expenses | 343,976 |  |  | 122,338 |  |  | — |  |  | 466,314 |
Operating income / (loss) | 21,113 |  |  | (27,625 | ) |  | — |  |  | (6,512 | )
Other expense: |  |  |  |  |  |  |
Net interest expense | (13,926 | ) |  | (1,951 | ) |  | — |  |  | (15,877 | )
Total other expense | (13,926 | ) |  | (1,951 | ) |  | — |  |  | (15,877 | )
Income / (loss) before income taxes | 7,187 |  |  | (29,576 | ) |  | — |  |  | (22,389 | )
Provision / (benefit) for income taxes | 2,763 |  |  | 38 |  |  | — |  |  | 2,801 |
Equity in losses of consolidated subsidiaries | (29,614 | ) |  | — |  |  | 29,614 |  |  | — |
Net income (loss) | $ | (25,190 | ) |  | $ | (29,614 | ) |  | $ | 29,614 |  |  | $ | (25,190 | )
Comprehensive income (loss) attributable to Orbitz Worldwide, Inc. | $ | (22,111 | ) |  | $ | (26,535 | ) |  | $ | 26,535 |  |  | $ | (22,111 | )
Condensed Consolidated Statement of Operations Six months ended June 30, 2014 (in thousands)
| Guarantor |  | Non-Guarantor |  | Eliminations |  | Consolidated
Net revenue | $ | 338,829 |  |  | $ | 119,479 |  |  | $ | — |  |  | $ | 458,308 |
Cost and expenses: |  |  |  |  |  |  |
Cost of revenue | 69,118 |  |  | 21,265 |  |  | — |  |  | 90,383 |
Selling, general and administrative | 91,867 |  |  | 46,393 |  |  | — |  |  | 138,260 |
Marketing | 106,115 |  |  | 60,267 |  |  | — |  |  | 166,382 |
Depreciation and amortization | 27,719 |  |  | 1,161 |  |  | — |  |  | 28,880 |
Total operating expenses | 294,819 |  |  | 129,086 |  |  | — |  |  | 423,905 |
Operating income / (loss) | 44,010 |  |  | (9,607 | ) |  | — |  |  | 34,403 |
Other expense |  |  |  |  |  |  |
Net interest expense | (13,847 | ) |  | (4,325 | ) |  | — |  |  | (18,172 | )
Other expense | (2,236 | ) |  | — |  |  | — |  |  | (2,236 | )
Total other expense | (16,083 | ) |  | (4,325 | ) |  | — |  |  | (20,408 | )
Income / (loss) before income taxes | 27,927 |  |  | (13,932 | ) |  | — |  |  | 13,995 |
Provision / (benefit) for income taxes | 13,036 |  |  | 12 |  |  | — |  |  | 13,048 |
Equity in losses of consolidated subsidiaries | (13,944 | ) |  | — |  |  | 13,944 |  |  | — |
Net income (loss) | $ | 947 |  |  | $ | (13,944 | ) |  | $ | 13,944 |  |  | $ | 947 |
Comprehensive income (loss) attributable to Orbitz Worldwide, Inc. | $ | (7,846 | ) |  | $ | (22,737 | ) |  | $ | 22,737 |  |  | $ | (7,846 | )
| Condensed Consolidated Statement of Operations Year ended December 31, 2014 (in thousands)
| Guarantor |  | Non-Guarantor |  | Eliminations |  | Consolidated
Net revenue | $ | 696,621 |  |  | $ | 235,386 |  |  | $ | — |  |  | $ | 932,007 |
Cost and expenses: |  |  |  |  |  |  |
Cost of revenue | 141,449 |  |  | 38,325 |  |  | — |  |  | 179,774 |
Selling, general and administrative | 182,987 |  |  | 95,215 |  |  | — |  |  | 278,202 |
Marketing | 218,628 |  |  | 115,844 |  |  | — |  |  | 334,472 |
Depreciation and amortization | 55,357 |  |  | 2,192 |  |  | — |  |  | 57,549 |
Total operating expenses | 598,421 |  |  | 251,576 |  |  | — |  |  | 849,997 |
Operating income / (loss) | 98,200 |  |  | (16,190 | ) |  | — |  |  | 82,010 |
Other expense: |  |  |  |  |  |  |
Net interest expense | (28,902 | ) |  | (6,310 | ) |  | — |  |  | (35,212 | )
Other expense | (2,237 | ) |  | — |  |  | — |  |  | (2,237 | )
Total other expense | (31,139 | ) |  | (6,310 | ) |  | — |  |  | (37,449 | )
Income / (loss) before income taxes | 67,061 |  |  | (22,500 | ) |  | — |  |  | 44,561 |
Provision / (benefit) for income taxes | 23,170 |  |  | 4,111 |  |  | — |  |  | 27,281 |
Equity in losses of consolidated subsidiaries | (26,611 | ) |  | — |  |  | 26,611 |  |  | — |
Net income (loss) | $ | 17,280 |  |  | $ | (26,611 | ) |  | $ | 26,611 |  |  | $ | 17,280 |
Comprehensive income (loss) attributable to Orbitz Worldwide, Inc. | $ | 23,930 |  |  | $ | (19,961 | ) |  | $ | 19,961 |  |  | $ | 23,930 |
Balance Sheet | Condensed Consolidating Balance Sheet June 30, 2015 (in thousands)
| Guarantor |  | Non-Guarantor |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |
Cash and cash equivalents | $ | 214,340 |  |  | $ | 90,458 |  |  | $ | — |  |  | $ | 304,798 |
Accounts receivable, net | 118,216 |  |  | 43,124 |  |  | — |  |  | 161,340 |
Prepaid expenses | 8,720 |  |  | 2,086 |  |  | — |  |  | 10,806 |
Other current assets | 32,920 |  |  | 1,347 |  |  | (175 | ) |  | 34,092 |
Total current assets | 374,196 |  |  | 137,015 |  |  | (175 | ) |  | 511,036 |
Property and equipment, net | 105,495 |  |  | 4,640 |  |  | — |  |  | 110,135 |
Goodwill | 351,098 |  |  | — |  |  | — |  |  | 351,098 |
Trademarks and trade names | 83,065 |  |  | 6,697 |  |  | — |  |  | 89,762 |
Other intangible assets, net | 1,144 |  |  | — |  |  | — |  |  | 1,144 |
Intercompany receivable, non-current | 36,749 |  |  | — |  |  | (36,749 | ) |  | — |
Deferred income taxes, non-current | 131,474 |  |  | 3,621 |  |  | — |  |  | 135,095 |
Restricted cash | 65,206 |  |  | 27,338 |  |  | — |  |  | 92,544 |
Investment in subsidiaries | 40,319 |  |  | — |  |  | (40,319 | ) |  | — |
Other non-current assets | 11,927 |  |  | 526 |  |  | — |  |  | 12,453 |
Total Assets | $ | 1,200,673 |  |  | $ | 179,837 |  |  | $ | (77,243 | ) |  | $ | 1,303,267 |
Liabilities and Shareholders' Equity |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |
Accounts payable | $ | 15,919 |  |  | $ | 4,318 |  |  | $ | — |  |  | $ | 20,237 |
Accrued merchant payable | 457,541 |  |  | 46,844 |  |  | — |  |  | 504,385 |
Accrued expenses | 132,006 |  |  | 33,602 |  |  | — |  |  | 165,608 |
Deferred income | 39,939 |  |  | 17,395 |  |  | — |  |  | 57,334 |
Term loan, current | 24,100 |  |  | — |  |  | — |  |  | 24,100 |
Other current liabilities | 6,145 |  |  | — |  |  | (175 | ) |  | 5,970 |
Total current liabilities | 675,650 |  |  | 102,159 |  |  | (175 | ) |  | 777,634 |
Term loan, non-current | 405,499 |  |  | — |  |  | — |  |  | 405,499 |
Intercompany liabilities, non-current | — |  |  | 36,749 |  |  | (36,749 | ) |  | — |
Tax sharing liability | 55,415 |  |  | — |  |  | — |  |  | 55,415 |
Other non-current liabilities | 14,123 |  |  | 610 |  |  | — |  |  | 14,733 |
Total Liabilities | 1,150,687 |  |  | 139,518 |  |  | (36,924 | ) |  | 1,253,281 |
Total Shareholders' Equity | 49,986 |  |  | 40,319 |  |  | (40,319 | ) |  | 49,986 |
Total Liabilities and Shareholders' Equity | $ | 1,200,673 |  |  | $ | 179,837 |  |  | $ | (77,243 | ) |  | $ | 1,303,267 |
| Condensed Consolidating Balance Sheet December 31, 2014 (in thousands)
| Guarantor |  | Non-Guarantor |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |
Cash and cash equivalents | $ | 87,889 |  |  | $ | 100,593 |  |  | $ | — |  |  | $ | 188,482 |
Accounts receivable, net | 81,463 |  |  | 35,977 |  |  | — |  |  | 117,440 |
Prepaid expenses | 7,120 |  |  | 2,919 |  |  | — |  |  | 10,039 |
Due from Travelport, net | 13,490 |  |  | 2,021 |  |  | — |  |  | 15,511 |
Other current assets | 15,940 |  |  | 1,620 |  |  | — |  |  | 17,560 |
Total current assets | 205,902 |  |  | 143,130 |  |  | — |  |  | 349,032 |
Property and equipment, net | 106,816 |  |  | 5,016 |  |  | — |  |  | 111,832 |
Goodwill | 351,098 |  |  | — |  |  | — |  |  | 351,098 |
Trademarks and trade names | 83,065 |  |  | 6,825 |  |  | — |  |  | 89,890 |
Other intangible assets, net | 1,300 |  |  | — |  |  | — |  |  | 1,300 |
Intercompany receivable, non-current | 168,178 |  |  | — |  |  | (168,178 | ) |  | — |
Deferred income taxes, non-current | 132,220 |  |  | 3,587 |  |  | — |  |  | 135,807 |
Restricted cash | 69,246 |  |  | 28,564 |  |  | — |  |  | 97,810 |
Other non-current assets | 38,235 |  |  | 965 |  |  | — |  |  | 39,200 |
Total Assets | $ | 1,156,060 |  |  | $ | 188,087 |  |  | $ | (168,178 | ) |  | $ | 1,175,969 |
Liabilities and Shareholders' Equity |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |
Accounts payable | $ | 11,606 |  |  | $ | 2,348 |  |  | $ | — |  |  | $ | 13,954 |
Accrued merchant payable | 331,120 |  |  | 34,942 |  |  | — |  |  | 366,062 |
Accrued expenses | 130,024 |  |  | 28,730 |  |  | — |  |  | 158,754 |
Deferred income | 28,841 |  |  | 11,975 |  |  | — |  |  | 40,816 |
Term loan, current | 25,871 |  |  | — |  |  | — |  |  | 25,871 |
Other current liabilities | 799 |  |  | 745 |  |  | — |  |  | 1,544 |
Total current liabilities | 528,261 |  |  | 78,740 |  |  | — |  |  | 607,001 |
Term loan, non-current | 421,879 |  |  | — |  |  | — |  |  | 421,879 |
Intercompany liabilities, non-current | — |  |  | 168,178 |  |  | (168,178 | ) |  | — |
Commitment to fund | 59,463 |  |  | — |  |  | (59,463 | ) |  | — |
Tax sharing liability | 61,289 |  |  | — |  |  | — |  |  | 61,289 |
Other non-current liabilities | 14,070 |  |  | 632 |  |  | — |  |  | 14,702 |
Total Liabilities | 1,084,962 |  |  | 247,550 |  |  | (227,641 | ) |  | 1,104,871 |
Total Shareholders' Equity | 71,098 |  |  | (59,463 | ) |  | 59,463 |  |  | 71,098 |
Total Liabilities and Shareholders' Equity | $ | 1,156,060 |  |  | $ | 188,087 |  |  | $ | (168,178 | ) |  | $ | 1,175,969 |
Cash Flow Statement | Condensed Consolidated Statement of Cash Flows Six months ended June 30, 2014 (in thousands)
| Guarantor |  | Non-Guarantor |  | Eliminations |  | Consolidated
Operating activities: |  |  |  |  |  |  |
Net cash provided by (used in) operating activities | $ | 208,217 |  |  | $ | (2,093 | ) |  | $ | — |  |  | $ | 206,124 |
Investing activities: |  |  |  |  |  |  |
Property and equipment additions | (20,594 | ) |  | (574 | ) |  | — |  |  | (21,168 | )
Acquisitions, net of cash acquired | (10,000 | ) |  | — |  |  | — |  |  | (10,000 | )
Changes in restricted cash | (15,828 | ) |  | (1,920 | ) |  | — |  |  | (17,748 | )
Contributions from (distributions to) related party, net | (52,356 | ) |  | — |  |  | 52,356 |  |  |  |
Net cash provided by (used in) investing activities | (98,778 | ) |  | (2,494 | ) |  | 52,356 |  |  | (48,916 | )
Financing activities: |  |  |  |  |  |  |
Payments on and retirements of term loans | (443,250 | ) |  | — |  |  | — |  |  | (443,250 | )
Issuance of long-term debt, net of issuance costs | 443,256 |  |  | — |  |  | — |  |  | 443,256 |
Employee tax withholdings related to net share |  |  |  |  |  |  |
settlements of equity-based awards | (6,747 | ) |  | — |  |  | — |  |  | (6,747 | )
Proceeds from exercise of employee stock options | 143 |  |  | — |  |  | — |  |  | 143 |
Payments on tax sharing liability | (4,616 | ) |  | — |  |  | — |  |  | (4,616 | )
Contributions from (distributions to) related party, net | — |  |  | 52,356 |  |  | (52,356 | ) |  | — |
Net cash provided by (used in) financing activities | (11,214 | ) |  | 52,356 |  |  | (52,356 | ) |  | (11,214 | )
Effects of changes in exchange rates on cash and cash equivalents | — |  |  | 1,288 |  |  | — |  |  | 1,288 |
Net increase in cash and cash equivalents | 98,225 |  |  | 49,057 |  |  | — |  |  | 147,282 |
Cash and cash equivalents at beginning of period | 53,627 |  |  | 63,758 |  |  | — |  |  | 117,385 |
Cash and cash equivalents at end of period | $ | 151,852 |  |  | $ | 112,815 |  |  | $ | — |  |  | $ | 264,667 |
Condensed Consolidated Statement of Cash Flows Six months ended June 30, 2015 (in thousands)
| Guarantor |  | Non-Guarantor |  | Eliminations |  | Consolidated
Operating activities: |  |  |  |  |  |  |
Net cash provided by operating activities | $ | 116,046 |  |  | $ | 58,650 |  |  | $ | — |  |  | $ | 174,696 |
Investing activities: |  |  |  |  |  |  |
Property and equipment additions | (28,522 | ) |  | (790 | ) |  | — |  |  | (29,312 | )
Changes in restricted cash | 4,040 |  |  | 1,076 |  |  | — |  |  | 5,116 |
Contributions from (distributions to) related party, net | 68,271 |  |  | — |  |  | (68,271 | ) |  | — |
Net cash provided by used in (provided by) investing activities | 43,789 |  |  | 286 |  |  | (68,271 | ) |  | (24,196 | )
Financing activities: |  |  |  |  |  |  |
Payments on and retirements of term loans | (18,151 | ) |  | — |  |  | — |  |  | (18,151 | )
Employee tax withholdings related to net share |  |  |  |  |  |  |
settlements of equity-based awards | (8,452 | ) |  | — |  |  | — |  |  | (8,452 | )
Proceeds from exercise of employee stock options | 2,140 |  |  | — |  |  | — |  |  | 2,140 |
Payments on tax sharing liability | (8,921 | ) |  | — |  |  | — |  |  | (8,921 | )
Contributions from (distributions to) related party, net | — |  |  | (68,271 | ) |  | 68,271 |  |  | — |
Net cash provided by used in (provided by) financing activities | (33,384 | ) |  | (68,271 | ) |  | 68,271 |  |  | (33,384 | )
Effects of changes in exchange rates on cash and cash equivalents | — |  |  | (800 | ) |  | — |  |  | (800 | )
Net increase (decrease) in cash and cash equivalents | 126,451 |  |  | (10,135 | ) |  | — |  |  | 116,316 |
Cash and cash equivalents at beginning of period | 87,889 |  |  | 100,593 |  |  | — |  |  | 188,482 |
Cash and cash equivalents at end of period | $ | 214,340 |  |  | $ | 90,458 |  |  | $ | — |  |  | $ | 304,798 |
| Condensed Consolidated Statement of Cash Flows Year ended December 31, 2014 (in thousands)
| Guarantor |  | Non-Guarantor |  | Eliminations |  | Consolidated
Operating activities: |  |  |  |  |  |  |
Net cash provided by (used in) operating activities | $ | 162,976 |  |  | $ | (13,477 | ) |  | $ | — |  |  | $ | 149,499 |
Investing activities: |  |  |  |  |  |  |
Property and equipment additions | (48,297 | ) |  | (2,834 | ) |  | — |  |  | (51,131 | )
Acquisitions, net of cash acquired | (10,000 | ) |  | — |  |  | — |  |  | (10,000 | )
Changes in restricted cash | 2,140 |  |  | 15,204 |  |  | — |  |  | 17,344 |
Contributions from (distributions to) related party, net | (49,188 | ) |  | — |  |  | 49,188 |  |  | — |
Net cash used in (provided by) investing activities | (105,345 | ) |  | 12,370 |  |  | 49,188 |  |  | (43,787 | )
Financing activities: |  |  |  |  |  |  |
Payments on and retirements of term loans | (445,500 | ) |  | — |  |  | — |  |  | (445,500 | )
Issuance of long-term debt, net of issuance costs | 443,256 |  |  | — |  |  | — |  |  | 443,256 |
Employee tax withholdings related to net share |  |  |  |  |  |  |
settlements of equity-based awards | (7,217 | ) |  | — |  |  | — |  |  | (7,217 | )
Proceeds from exercise of employee stock options | 467 |  |  | — |  |  | — |  |  | 467 |
Payments on tax sharing liability | (14,375 | ) |  | — |  |  | — |  |  | (14,375 | )
Contributions from (distributions to) related party, net | — |  |  | 49,188 |  |  | (49,188 | ) |  | — |
Net cash used in (provided by) financing activities | (23,369 | ) |  | 49,188 |  |  | (49,188 | ) |  | (23,369 | )
Effects of changes in exchange rates on cash and cash equivalents | — |  |  | (11,246 | ) |  | — |  |  | (11,246 | )
Net increase in cash and cash equivalents | 34,262 |  |  | 36,835 |  |  | — |  |  | 71,097 |
Cash and cash equivalents at beginning of period | 53,627 |  |  | 63,758 |  |  | — |  |  | 117,385 |
Cash and cash equivalents at end of period | $ | 87,889 |  |  | $ | 100,593 |  |  | $ | — |  |  | $ | 188,482 |

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