Guarantor Subsidiaries (Tables)

12 Months Ended

Dec. 31, 2015

CONSOLIDATING BALANCE SHEET



(Thousands of dollars)	December 31, 2015
Assets	Parent Company			Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Current assets
Cash and cash equivalents	$	—		$	102,335		$	—		$	—		$	—		$	102,335
Accounts receivable—trade, less allowance for doubtful accounts of $1,963 in 2015	—			136,253			—			—			—			136,253
Inventories, at lower of cost or market	—			155,906			—			—			—			155,906
Prepaid expenses and other current assets	—			41,173			—			—			—			41,173
Current assets held for sale	—			—			—			—			—			—
Total current assets	—			435,667			—			—			—			435,667
Property, plant and equipment, at cost less accumulated depreciation and amortization of $724,486 in 2015	—			1,369,318			—			—			—			1,369,318
Restricted cash	—			68,571			—			—			—			68,571
Investments in subsidiaries	1,756,617			144,921			—			—			(1,901,538		)	—
Other assets	—			12,685			—			—			—			12,685
Deferred tax assets	—			—			—			—			—			—
Noncurrent assets held for sale	—			—			—			—			—			—
Total assets	$	1,756,617		$	2,031,162		$	—		$	—		$	(1,901,538	)	$	1,886,241
Liabilities and Stockholders' Equity
Current liabilities
Current maturities of long-term debt	$	—		$	222		$	—		$	—		$	—		$	222
Inter-company accounts payable	300,044			(93,644		)	(52,062		)	(154,338		)	—			—
Trade accounts payable and accrued liabilities	—			390,341			—			—			—			390,341
Income taxes payable	—			—			—			—			—			—
Deferred income taxes	—			1,729			—			—			—			1,729
Current liabilities held for sale	—			—			—			—			—			—
Total current liabilities	300,044			298,648			(52,062		)	(154,338		)	—			392,292
Long-term debt, including capitalized lease obligations	—			490,160			—			—			—			490,160
Deferred income taxes	—			161,236			—			—			—			161,236
Asset retirement obligations	—			24,345			—			—			—			24,345
Deferred credits and other liabilities	—			25,918			—			—			—			25,918
Total liabilities	300,044			1,000,307			(52,062		)	(154,338		)	—			1,093,951
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)	—			—			—			—			—			—
Common Stock, par $0.01 (authorized 200,000,000 shares, 46,767,164 shares issued at December 31, 2015)	468			1			60			—			(61		)	468
Treasury stock (5,088,434 shares held at December 31, 2015)	(294,139		)	—			—			—			—			(294,139		)
Additional paid in capital (APIC)	1,222,465			564,554			52,004			87,543			(1,368,384		)	558,182
Retained earnings	527,779			466,300			(2		)	66,795			(533,093		)	527,779
Total stockholders' equity	1,456,573			1,030,855			52,062			154,338			(1,901,538		)	792,290
Total liabilities and stockholders' equity	$	1,756,617		$	2,031,162		$	—		$	—		$	(1,901,538	)	$	1,886,241

CONSOLIDATING BALANCE SHEET



(Thousands of dollars)	December 31, 2014
Assets	Parent Company			Issuer		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Current assets
Cash and cash equivalents	$	—		$	327,163	$	—		$	—		$	—		$	327,163
Accounts receivable—trade, less allowance for doubtful accounts of $4,456 in 2013	—			138,466		—			—			—			138,466
Inventories, at lower of cost or market	—			157,046		—			—			—			157,046
Prepaid expenses and other current assets	—			11,710		—			—			—			11,710
Current assets held for sale	—			—		—			56,328			—			56,328
Total current assets	—			634,385		—			56,328			—			690,713
Property, plant and equipment, at cost less accumulated depreciation and amortization of $663,067 in 2014	—			1,248,081		—			—			—			1,248,081
Investments in subsidiaries	1,580,277			177,263		—			—			(1,757,540		)	—
Other assets	—			10,543		—			—			—			10,543
Deferred tax assets	—			—		—			—			—			—
Noncurrent assets held for sale	—			—		—			—			—			—
Total assets	$	1,580,277		$	2,070,272	$	—		$	56,328		$	(1,757,540	)	$	1,949,337
Liabilities and Stockholders' Equity
Current liabilities
Current maturities of long-term debt	$	—		$	—	$	—		$	—		$	—		$	—
Inter-company accounts payable	51,348			82,528		(52,077		)	(81,799		)	—			—
Trade accounts payable and accrued liabilities	—			381,271		—			—			—			381,271
Income taxes payable	—			18,348		14			—			—			18,362
Deferred income taxes	—			522		—			—			—			522
Current liabilities held for sale	—			—		—			12,925			—			12,925

Total current liabilities	51,348			482,669		(52,063		)	(68,874		)	—			413,080
Long-term debt, including capitalized lease obligations	—			488,250		—			—			—			488,250
Deferred income taxes	—			137,882		—			—			—			137,882
Asset retirement obligations	—			22,245		—			—			—			22,245
Deferred credits and other liabilities	—			29,175		—			—			—			29,175
Total liabilities	51,348			1,160,221		(52,063		)	(68,874		)	—			1,090,632
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)	—			—		—			—			—			—
Common Stock, par $0.01 (authorized 200,000,000 shares, 46,767,164 shares issued at December 31, 2014)	468			1		60			—			(61		)	468
Treasury stock (1,056,689 shares held at December 31, 2014)	(51,073		)	—		—			—			—			(51,073		)
Additional paid in capital (APIC)	1,228,095			558,611		52,004			35,677			(1,316,516		)	557,871
Retained earnings	351,439			351,439		(1		)	89,525			(440,963		)	351,439
Total stockholders' equity	1,528,929			910,051		52,063			125,202			(1,757,540		)	858,705
Total liabilities and stockholders' equity	$	1,580,277		$	2,070,272	$	—		$	56,328		$	(1,757,540	)	$	1,949,337

Consolidating Income Statement

CONSOLIDATING INCOME STATEMENT



(Thousands of dollars)	Year ended December 31, 2015
Revenues	Parent Company		Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated and Combined
Petroleum product sales	$	—	$	10,424,855		$	—		$	—		$	(120,166	)	$	10,304,689
Merchandise sales	—		2,273,888			—			—			—			2,273,888
Other operating revenues	—		120,834			—			—			—			120,834
Total revenues	—		12,819,577			—			—			(120,166		)	12,699,411
Costs and operating expenses
Petroleum product cost of goods sold	—		9,914,641			—			—			(120,166		)	9,794,475
Merchandise cost of goods sold	—		1,946,423			—			—			—			1,946,423
Station and other operating expenses	—		486,383			—			—			—			486,383
Depreciation and amortization	—		86,568			—			—			—			86,568
Selling, general and administrative	—		129,276			1			—			—			129,277
Accretion of asset retirement obligations	—		1,521			—			—			—			1,521
Total costs and operating expenses	—		12,564,812			1			—			(120,166		)	12,444,647
Income (loss) from operations	—		254,765			(1		)	—			—			254,764
Other income (expense)
Interest income	—		2,177			—			—			—			2,177
Interest expense	—		(33,531		)	—			—			—			(33,531		)
Loss on sale of assets	—		(4,658		)	—			—			—			(4,658		)
Other nonoperating expense	—		(463		)	—			—			—			(463		)
Total other income (expense)	—		(36,475		)	—			—			—			(36,475		)
Income (loss) from continuing operations before income taxes	—		218,290			(1		)	—			—			218,289
Income tax expense	—		80,698			—			—			—			80,698
Income (loss) from continuing operations	—		137,592			(1		)	—			—			137,591
Income from discontinued operations, net of income taxes	—		—			—			38,749			—			38,749
Equity earnings in affiliates, net of tax	176,340		(22,731		)	—			(61,479		)	(92,130		)	—
Net Income (Loss)	$	176,340	$	114,861		$	(1	)	$	(22,730	)	$	(92,130	)	$	176,340

CONSOLIDATING INCOME STATEMENT



(Thousands of dollars)	Year ended December 31, 2014
Revenues	Parent Company		Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated and Combined
Petroleum product sales	$	—	$	14,911,658		$	—		$	—	$	(183,131	)	$	14,728,527
Merchandise sales	—		2,161,378			—			—		—			2,161,378
Other operating revenues	—		96,109			—			—		—			96,109
Total revenues	—		17,169,145			—			—		(183,131		)	16,986,014
Costs and operating expenses
Petroleum product cost of goods sold	—		14,257,710			—			—		(183,131		)	14,074,579
Merchandise cost of goods sold	—		1,859,732			—			—		—			1,859,732
Station and other operating expenses	—		486,762			—			—		—			486,762
Depreciation and amortization	—		79,087			—			—		—			79,087
Selling, general and administrative	—		119,265			1			—		—			119,266
Accretion of asset retirement obligations	—		1,200			—			—		—			1,200
Total costs and operating expenses	—		16,803,756			1			—		(183,131		)	16,620,626
Income (loss) from operations	—		365,389			(1		)	—		—			365,388
Other income (expense)
Interest income	—		244			—			—		—			244
Interest expense	—		(36,646		)	—			—		—			(36,646		)
Gain on sale of assets	—		194			—			—		—			194
Other nonoperating income	—		10,166			—			—		—			10,166
Total other income (expense)	—		(26,042		)	—			—		—			(26,042		)
Income (loss) from continuing operations before income taxes	—		339,347			(1		)	—		—			339,346
Income tax expense	—		116,386			—			—		—			116,386
Income (loss) from continuing operations	—		222,961			(1		)	—		—			222,960
Income from discontinued operations, net of income taxes	—		—			—			20,903		—			20,903
Equity earnings in affiliates, net of tax	351,439		89,524			—			—		(440,963		)	—
Net Income (Loss)	$	351,439	$	312,485		$	(1	)	$	20,903	$	(440,963	)	$	243,863

CONSOLIDATED AND COMBINING INCOME STATEMENT



(Thousands of dollars)	Year ended December 31, 2013
Revenues	Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Combined
Petroleum product sales	$	15,766,752		$	—		$	—	$	(206,435	)	$	15,560,317
Merchandise sales	2,159,466			—			—		—			2,159,466
Other operating revenues	94,298			—			—		—			94,298
Total revenues	18,020,516			—			—		(206,435		)	17,814,081
Costs and operating expenses
Petroleum product cost of goods sold	15,216,390			—			—		(206,435		)	15,009,955
Merchandise cost of goods sold	1,877,630			—			—		—			1,877,630
Station and other operating expenses	460,476			—			—		—			460,476
Depreciation and amortization	74,053			—			—		—			74,053
Selling, general and administrative	129,430			1			—		—			129,431
Accretion of asset retirement obligations	1,096			—			—		—			1,096
Total costs and operating expenses	17,759,075			1			—		(206,435		)	17,552,641
Income (loss) from operations	261,441			(1		)	—		—			261,440
Other income (expense)
Interest income	1,099			—			—		—			1,099
Interest expense	(14,509		)	—			—		—			(14,509		)
Gain on sale of assets	5,995			—			—		—			5,995
Other nonoperating income	169			—			—		—			169
Total other income (expense)	(7,246		)	—			—		—			(7,246		)
Income (loss) from continuing operations before income taxes	254,195			(1		)	—		—			254,194
Income tax expense	100,059			—			—		—			100,059
Income (loss) from continuing operations	154,136			(1		)	—		—			154,135
Income from discontinued operations, net of income taxes	—			—			80,898		—			80,898
Equity earnings in affiliates, net of tax	—			—			—		—			—
Net Income (Loss)	$	154,136		$	(1	)	$	80,898	$	—		$	235,033

Consolidating Statement of Cash Flow

CONSOLIDATING STATEMENT OF CASH FLOW



(Thousands of dollars)	Year ended December 31, 2015
Operating Activities	Parent Company			Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated and Combined
Net income (loss)	$	176,340		$	114,861		$	(1	)	$	(22,730	)	$	(92,130	)	$	176,340
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Income from discontinued operations, net of tax	—			—			—			(38,749		)	—			(38,749		)
Depreciation and amortization	—			86,568			—			—			—			86,568
Deferred and noncurrent income tax charges (credits)	—			40,556			—			—			—			40,556
Accretion on discounted liabilities	—			1,521			—			—			—			1,521
Pretax losses from sale of assets	—			4,658			—			—			—			4,658
Net decrease (increase) in noncash operating working capital	—			(46,586		)	—			—			—			(46,586		)
Equity in earnings	(176,340		)	22,731			—			61,479			92,130			—
Other operating activities - net	—			9,417			—			—			—			9,417
Net cash provided by (used in) continuing operations	—			233,726			(1		)	—			—			233,725
Net cash used in discontinued operations	—			—			—			(17,887		)	—			(17,887		)
Net cash provided by (used in) operating activities	—			233,726			(1		)	(17,887		)	—			215,838
Investing Activities
Property additions	—			(205,225		)	—			—			—			(205,225		)
Proceeds from sale of assets	—			729			—			—			—			729
Changes in restricted cash	—			(68,571		)	—			—			—			(68,571		)
Other investing activities - net	—			(2,889		)	—			—			—			(2,889		)
Sales proceeds	—			—			—			93,765			—			93,765
Other	—			—			—			(7,443		)	—			(7,443		)
Net cash provided by (required by) investing activities	—			(275,956		)	—			86,322			—			(189,634		)
Financing Activities
Purchase of treasury stock	(248,695		)	—			—			—			—			(248,695		)
Repayments of long-term debt	—			(146		)	—			—			—			(146		)
Additions to long-term debt	—			—			—			—			—			—
Debt issuance costs	—			(58		)	—			—			—			(58		)
Amounts related to share-based compensation	—			(3,075		)	—			—			—			(3,075		)
Net distributions to parent	248,695			(179,319		)	1			(69,377		)	—			—
Net cash provided by (required by) financing activities	—			(182,598		)	1			(69,377		)	—			(251,974		)
Net increase (decrease) in cash and cash equivalents	—			(224,828		)	—			(942		)	—			(225,770		)
Cash and cash equivalents at January 1	—			327,163			—			942			—			328,105
Cash and cash equivalents at December 31	$	—		$	102,335		$	—		$	—		$	—		$	102,335
Less: Cash and cash equivalents held for sale	—			—			—			—			—			—
Cash and cash equivalents of continuing operations at December 31	$	—		$	102,335		$	—		$	—		$	—		$	102,335

CONSOLIDATING STATEMENT OF CASH FLOWS



(Thousands of dollars)	Year ended December 31, 2014
Operating Activities	Parent Company			Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated and Combined
Net income (loss)	$	351,439		$	312,485		$	(1	)	$	20,903		$	(440,963	)	$	243,863
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Income from discontinued operations, net of tax	—			—			—			(20,903		)	—			(20,903		)
Depreciation and amortization	—			79,087			—			—			—			79,087
Deferred and noncurrent income tax charges (credits)	—			(4,403		)	—			—			—			(4,403		)
Accretion on discounted liabilities	—			1,200			—			—			—			1,200
Pretax gains from sale of assets	—			(194		)	—			—			—			(194		)
Net decrease (increase) in noncash operating working capital	—			(36,475		)	—			—			—			(36,475		)
Equity in earnings	(351,439		)	(89,524		)	—			—			440,963			—
Other operating activities - net	—			14,531			—			—			—			14,531
Net cash provided by (used in) continuing operations	—			276,707			(1		)	—			—			276,706
Net cash provided by discontinued operations	—			—			—			28,876			—			28,876
Net cash provided by (used in) operating activities	—			276,707			(1		)	28,876			—			305,582
Investing Activities
Property additions	—			(135,339		)	—			—			—			(135,339		)
Proceeds from sale of assets	—			376			—			—			—			376
Other investing activities - net	—			(10,631		)	—			—			—			(10,631		)
Sales proceeds	—			—			—			1,097			—			1,097
Other	—			—			—			(4,918		)	—			(4,918		)
Net cash required by investing activities	—			(145,594		)	—			(3,821		)	—			(149,415		)
Financing Activities
Purchase of treasury stock	(51,348		)	—			—			—			—			(51,348		)
Repayments of long-term debt	—			(70,000		)	—			—			—			(70,000		)
Additions to long-term debt	—			—			—			—			—			—
Debt issuance costs	—			(875		)	—			—			—			(875		)
Amounts related to share-based compensation	—			(580		)	—			—			—			(580		)
Net distributions to parent	51,348			(27,236		)	1			(24,113		)	—			—
Net cash provided by (required by) financing activities	—			(98,691		)	1			(24,113		)	—			(122,803		)
Net increase in cash and cash equivalents	—			32,422			—			942			—			33,364
Cash and cash equivalents at January 1	—			294,741			—			—			—			294,741
Cash and cash equivalents at December 31	$	—		$	327,163		$	—		$	942		$	—		$	328,105
Less: Cash and cash equivalents held for sale	—			—			—			942			—			942
Cash and cash equivalents of continuing operations at December 31	$	—		$	327,163		$	—		$	—		$	—		$	327,163

CONSOLIDATED AND COMBINING STATEMENT OF CASH FLOW



(Thousands of dollars)	Year ended December 31, 2013
Operating Activities	Parent Company		Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Combined
Net income (loss)	$	—	$	154,136		$	(1	)	$	80,898		$	—	$	235,033
Adjustments to reconcile net income to net cash provided by operating activities
Income from discontinued operations, net of tax	—		—			—			(80,898		)	—		(80,898		)
Depreciation and amortization	—		74,053			—			—			—		74,053
Deferred and noncurrent income tax charges (credits)	—		(11,568		)	—			—			—		(11,568		)
Accretion on discounted liabilities	—		1,096			—			—			—		1,096
Pretax gains from sale of assets	—		(5,995		)	—			—			—		(5,995		)
Net decrease (increase) in noncash operating working capital	—		51,204			—			—			—		51,204
Equity in earnings	—		—			—			—			—		—
Other operating activities - net	—		13,215			—			—			—		13,215
Net cash provided by (used in) continuing operations	—		276,141			(1		)	—			—		276,140
Net cash provided by discontinued operations	—		—			—			80,558			—		80,558
Net cash provided by (used in) operating activities	—		276,141			(1		)	80,558			—		356,698
Investing Activities
Property additions	—		(163,303		)	—			—			—		(163,303		)
Proceeds from sale of assets	—		6,113			—			—			—		6,113
Other investing activities - net	—		52			—			—			—		52
Sales proceeds	—		—			—			173,118			—		173,118
Other	—		—			—			(3,088		)	—		(3,088		)
Net cash provided by (required by) investing activities	—		(157,138		)	—			170,030			—		12,892
Financing Activities
Purchase of treasury stock	—		—			—			—			—		—
Repayments of long-term debt	—		(80,000		)	—			(1,170		)	—		(81,170		)
Additions to long-term debt	—		641,250			—			—			—		641,250
Cash dividend to former parent	—		(650,000		)	—			—			—		(650,000		)
Debt issuance costs	—		(6,693		)	—			—			—		(6,693		)
Amounts related to share-based compensation	—		—			—			—			—		—
Net distributions to former parent	—		213,808			1			(249,418		)	—		(35,609		)
Net cash provided by (required by) financing activities	—		118,365			1			(250,588		)	—		(132,222		)
Net increase in cash and cash equivalents	—		237,368			—			—			—		237,368
Cash and cash equivalents at January 1	—		57,373			—			—			—		57,373
Cash and cash equivalents at December 31	$	—	$	294,741		$	—		$	—		$	—	$	294,741
Less: Cash and cash equivalents held for sale	—		—			—			—			—		—
Cash and cash equivalents of continuing operations at December 31	$	—	$	294,741		$	—		$	—		$	—	$	294,741

Consolidating Statement of Changes in Equity

CONSOLIDATING STATEMENT OF CHANGES IN EQUITY



(Thousands of dollars)	Year ended December 31, 2015
Statement of Stockholders' Equity	Parent Company			Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Combined
Common Stock
Balance as of December 31, 2014	$	468		$	1		$	60		$	—		$	(61	)	$	468
Issuance of common stock	—			—			—			—			—			—
Balance as of December 31, 2015	$	468		$	1		$	60		$	—		$	(61	)	$	468
Treasury Stock
Balance as of December 31, 2014	$	(51,073	)	$	—		$	—		$	—		$	—		$	(51,073	)
Issuance of common stock	5,629			—			—			—			—			5,629
Repurchase of common stock	(248,695		)	—			—			—			—			(248,695		)
Balance as of December 31, 2015	$	(294,139	)	$	—		$	—		$	—		$	—		$	(294,139	)
APIC
Balance as of December 31, 2014	$	1,228,095		$	558,611		$	52,004		$	35,677		$	(1,316,516	)	$	557,871
Issuance of common stock	(5,629		)	—			—			—			—			(5,629		)
Amounts related to share-based compensation	—			(3,075		)	—			—			—			(3,075		)
Reclassification of equity	—			—			—			51,866			(51,866		)	—
Share-based compensation expense	—			9,015			—			—			—			9,015
Balance as of December 31, 2015	$	1,222,466		$	564,551		$	52,004		$	87,543		$	(1,368,382	)	$	558,182
Retained Earnings
Balance as of December 31, 2014	$	351,439		$	351,439		$	(1	)	$	89,525		$	(440,963	)	$	351,439
Net income	176,340			114,861			(1		)	(22,730		)	(92,130		)	176,340
Balance as of December 31, 2015	$	527,779		$	466,300		$	(2	)	$	66,795		$	(533,093	)	$	527,779

CONSOLIDATING STATEMENTS OF CHANGES IN EQUITY



(Thousands of dollars)	Year ended December 31, 2014
Statement of Stockholders' Equity	Parent Company			Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Combined
Common Stock
Balance as of December 31, 2013	$	467		$	1		$	60		$	—	$	(61	)	$	467
Issuance of common stock	1			—			—			—		—			1
Balance as of December 31, 2014	$	468		$	1		$	60		$	—	$	(61	)	$	468
Treasury Stock
Balance as of December 31, 2013	$	—		$	—		$	—		$	—	$	—		$	—
Issuance of common stock	275			—			—			—		—			275
Repurchase of common stock	(51,348		)	—			—			—		—			(51,348		)
Balance as of December 31, 2014	$	(51,073	)	$	—		$	—		$	—	$	—		$	(51,073	)
APIC
Balance as of December 31, 2013	$	1,228,370		$	548,758		$	52,004		$	35,677	$	(1,316,516	)	$	548,293
Issuance of common stock	(275		)	—			—			—		—			(275		)
Amounts related to share-based compensation	—			(582		)	—			—		—			(582		)
Share-based compensation expense	—			10,435			—			—		—			10,435
Balance as of December 31, 2014	$	1,228,095		$	558,611		$	52,004		$	35,677	$	(1,316,516	)	$	557,871
Retained Earnings
Balance as of December 31, 2013	$	—		$	38,954		$	—		$	68,622	$	—		$	107,576
Net income	351,439			312,485			(1		)	20,903		(440,963		)	243,863
Balance as of December 31, 2014	$	351,439		$	351,439		$	(1	)	$	89,525	$	(440,963	)	$	351,439

CONSOLIDATED AND COMBINING STATEMENTS OF CHANGES IN EQUITY



(Thousands of dollars)	Year ended December 31, 2013
Statement of Stockholders' Equity/Net Parent Investment	Parent Company		Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Combined
Common Stock
Balance as of December 31, 2012	$	—	$	—		$	—		$	—		$	—		$	—
Issuance of stock at the separation and distribution	467		1			60			—			(61		)	467
Balance as of December 31, 2013	$	467	$	1		$	60		$	—		$	(61	)	$	467
Treasury Stock
Balance as of December 31, 2012	$	—	$	—		$	—		$	—		$	—		$	—
Issuance of common stock	—		—			—			—			—			—
Repurchase of common stock	—		—			—			—			—			—
Balance as of December 31, 2013	$	—	$	—		$	—		$	—		$	—		$	—
APIC
Balance as of December 31, 2012	$	—	$	—		$	—		$	—		$	—		$	—
Issuance of stock at the separation and distribution	—		(467		)	—			—			—			(467		)
Amounts related to share-based compensation	—		—			—			—			—			—
Reclassification of net parent investment to APIC	1,228,370		546,311			52,004			35,677			(1,316,516		)	545,846
Share-based compensation expense	—		2,914			—			—			—			2,914
Balance as of December 31, 2013	$	1,228,370	$	548,758		$	52,004		$	35,677		$	(1,316,516	)	$	548,293
Net Parent Investment
Balance as of December 31, 2012	$	—	$	1,123,467		$	53,895		$	117,550		$	(190,461	)	$	1,104,451
Net income	—		114,668			—			12,789			—			127,457
Dividend paid to former parent	—		(650,000		)	—			—			—			(650,000		)
Net transfers to/between former parent	—		(36,062		)	—			—			—			(36,062		)
Reclassification of net parent investment to APIC	—		(552,073		)	(53,895		)	(130,339		)	190,461			(545,846		)
Balance as of December 31, 2013	$	—	$	—		$	—		$	—		$	—		$	—
Retained Earnings
Balance as of December 31, 2012	$	—	$	—		$	—		$	—		$	—		$	—
Net income	—		38,954			—			68,622			—			107,576
Balance as of December 31, 2013	$	—	$	38,954		$	—		$	68,622		$	—		$	107,576