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