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Subsidiary Guarantors (Tables) | 3 Months Ended
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Jul. 31, 2014
Organization Consolidation And Presentation Of Financial Statements [Abstract] |
Schedule of Condensed Consolidating Balance Sheet | CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET AS OF JULY 31, 2014 (in thousands, except for share and per share data)
ASSETS |  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
CURRENT ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 1,992 |  |  | $ | 261 |  |  | $ | 342 |  |  | $ | — |  |  | $ | 2,595 |
Restricted cash |  |  | — |  |  |  | 76 |  |  |  | — |  |  |  | — |  |  |  | 76 |
Accounts receivable - trade, net |  |  | 431 |  |  |  | 58,769 |  |  |  | 12 |  |  |  | — |  |  |  | 59,212 |
Refundable income taxes |  |  | 462 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 462 |
Prepaid expenses |  |  | 3,640 |  |  |  | 4,710 |  |  |  | 9 |  |  |  | — |  |  |  | 8,359 |
Inventory |  |  | — |  |  |  | 4,151 |  |  |  | 40 |  |  |  | — |  |  |  | 4,191 |
Deferred income taxes |  |  | 2,331 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,331 |
Other current assets |  |  | 296 |  |  |  | 1,011 |  |  |  | 7 |  |  |  | — |  |  |  | 1,314 |
Current assets of discontinued operations |  |  | — |  |  |  | 365 |  |  |  | — |  |  |  | — |  |  |  | 365 |
Total current assets |  |  | 9,152 |  |  |  | 69,343 |  |  |  | 410 |  |  |  | — |  |  |  | 78,905 |
Property, plant and equipment, net |  |  | 4,160 |  |  |  | 398,497 |  |  |  | 649 |  |  |  | — |  |  |  | 403,306 |
Goodwill |  |  | — |  |  |  | 119,139 |  |  |  | — |  |  |  | — |  |  |  | 119,139 |
Intangible assets, net |  |  | 136 |  |  |  | 12,597 |  |  |  | — |  |  |  | — |  |  |  | 12,733 |
Restricted assets |  |  | — |  |  |  | 703 |  |  |  | — |  |  |  | — |  |  |  | 703 |
Cost method investments |  |  | 16,752 |  |  |  | 1,932 |  |  |  | — |  |  |  | (1,932 | ) |  |  | 16,752 |
Investments in subsidiaries |  |  | (25,882 | ) |  |  | — |  |  |  | — |  |  |  | 25,882 |  |  |  | — |
Other non-current assets |  |  | 13,316 |  |  |  | 10,371 |  |  |  | — |  |  |  | — |  |  |  | 23,687 |
Non-current assets of discontinued operations |  |  | — |  |  |  | 1,377 |  |  |  | — |  |  |  | — |  |  |  | 1,377 |
|  |  | 8,482 |  |  |  | 544,616 |  |  |  | 649 |  |  |  | 23,950 |  |  |  | 577,697 |
Intercompany receivable |  |  | 538,820 |  |  |  | (501,875 | ) |  |  | (38,877 | ) |  |  | 1,932 |  |  |  | — |
|  | $ | 556,454 |  |  | $ | 112,084 |  |  | $ | (37,818 | ) |  | $ | 25,882 |  |  | $ | 656,602 |
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY |  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
CURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current maturities of long-term debt and capital leases |  | $ | 86 |  |  | $ | 791 |  |  | $ | — |  |  | $ | — |  |  | $ | 877 |
Accounts payable |  |  | 17,345 |  |  |  | 29,562 |  |  |  | 465 |  |  |  | — |  |  |  | 47,372 |
Accrued payroll and related expenses |  |  | 701 |  |  |  | 3,900 |  |  |  | 1 |  |  |  | — |  |  |  | 4,602 |
Accrued interest |  |  | 12,950 |  |  |  | 5 |  |  |  | — |  |  |  | — |  |  |  | 12,955 |
Current accrued capping, closure and post-closure costs |  |  | — |  |  |  | 4,666 |  |  |  | 3 |  |  |  | — |  |  |  | 4,669 |
Other accrued liabilities |  |  | 7,674 |  |  |  | 12,098 |  |  |  | 228 |  |  |  | — |  |  |  | 20,000 |
Total current liabilities |  |  | 38,756 |  |  |  | 51,022 |  |  |  | 697 |  |  |  | — |  |  |  | 90,475 |
Long-term debt and capital leases, less current maturities |  |  | 509,018 |  |  |  | 2,174 |  |  |  | — |  |  |  | — |  |  |  | 511,192 |
Accrued capping, closure and post-closure costs, less current portion |  |  | — |  |  |  | 38,809 |  |  |  | 37 |  |  |  | — |  |  |  | 38,846 |
Deferred income taxes |  |  | 6,956 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 6,956 |
Other long-term liabilities |  |  | 9,501 |  |  |  | 7,166 |  |  |  | 82 |  |  |  | — |  |  |  | 16,749 |
STOCKHOLDERS’ (DEFICIT) EQUITY: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Casella Waste Systems, Inc. stockholders (deficit)’ equity |  |  | (7,777 | ) |  |  | 12,913 |  |  |  | (38,795 | ) |  |  | 25,882 |  |  |  | (7,777 | )
Noncontrolling interests |  |  | — |  |  |  | — |  |  |  | 161 |  |  |  | — |  |  |  | 161 |
Total stockholders’ (deficit) equity |  |  | (7,777 | ) |  |  | 12,913 |  |  |  | (38,634 | ) |  |  | 25,882 |  |  |  | (7,616 | )
|  | $ | 556,454 |  |  | $ | 112,084 |  |  | $ | (37,818 | ) |  | $ | 25,882 |  |  | $ | 656,602 |
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET AS OF APRIL 30, 2014 (in thousands, except for share and per share data)
ASSETS |  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
CURRENT ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 2,151 |  |  | $ | 271 |  |  | $ | 42 |  |  | $ | — |  |  | $ | 2,464 |
Restricted cash |  |  | — |  |  |  | 76 |  |  |  | — |  |  |  | — |  |  |  | 76 |
Accounts receivable - trade, net |  |  | 534 |  |  |  | 51,983 |  |  |  | 86 |  |  |  | — |  |  |  | 52,603 |
Refundable income taxes |  |  | 465 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 465 |
Prepaid expenses |  |  | 2,617 |  |  |  | 4,557 |  |  |  | 2 |  |  |  | — |  |  |  | 7,176 |
Inventory |  |  | — |  |  |  | 3,852 |  |  |  | 53 |  |  |  | — |  |  |  | 3,905 |
Deferred income taxes |  |  | 2,502 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,502 |
Other current assets |  |  | 312 |  |  |  | 936 |  |  |  | 7 |  |  |  | — |  |  |  | 1,255 |
Current assets of discontinued operations |  |  | — |  |  |  | 359 |  |  |  | — |  |  |  | — |  |  |  | 359 |
Total current assets |  |  | 8,581 |  |  |  | 62,034 |  |  |  | 190 |  |  |  | — |  |  |  | 70,805 |
Property, plant and equipment, net |  |  | 4,104 |  |  |  | 398,670 |  |  |  | 650 |  |  |  | — |  |  |  | 403,424 |
Goodwill |  |  | — |  |  |  | 119,139 |  |  |  | — |  |  |  | — |  |  |  | 119,139 |
Intangible assets, net |  |  | 159 |  |  |  | 13,261 |  |  |  | — |  |  |  | — |  |  |  | 13,420 |
Restricted assets |  |  | — |  |  |  | 681 |  |  |  | — |  |  |  | — |  |  |  | 681 |
Cost method investments |  |  | 16,752 |  |  |  | 1,932 |  |  |  | — |  |  |  | (1,932 | ) |  |  | 16,752 |
Investments in subsidiaries |  |  | (36,006 | ) |  |  | — |  |  |  | — |  |  |  | 36,006 |  |  |  | — |
Other non-current assets |  |  | 13,874 |  |  |  | 10,331 |  |  |  | — |  |  |  | — |  |  |  | 24,205 |
Non-current assets of discontinued operations |  |  | — |  |  |  | 1,471 |  |  |  | — |  |  |  | — |  |  |  | 1,471 |
|  |  | (1,117 | ) |  |  | 545,485 |  |  |  | 650 |  |  |  | 34,074 |  |  |  | 579,092 |
Intercompany receivable |  |  | 543,291 |  |  |  | (506,348 | ) |  |  | (38,875 | ) |  |  | 1,932 |  |  |  | — |
|  | $ | 550,755 |  |  | $ | 101,171 |  |  | $ | (38,035 | ) |  | $ | 36,006 |  |  | $ | 649,897 |
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY |  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
CURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current maturities of long-term debt and capital leases |  | $ | 84 |  |  | $ | 801 |  |  | $ | — |  |  | $ | — |  |  | $ | 885 |
Accounts payable |  |  | 22,678 |  |  |  | 28,286 |  |  |  | 824 |  |  |  | — |  |  |  | 51,788 |
Accrued payroll and related expenses |  |  | 1,212 |  |  |  | 4,849 |  |  |  | 1 |  |  |  | — |  |  |  | 6,062 |
Accrued interest |  |  | 6,084 |  |  |  | 3 |  |  |  | — |  |  |  | — |  |  |  | 6,087 |
Current accrued capping, closure and post-closure costs |  |  | — |  |  |  | 7,309 |  |  |  | 3 |  |  |  | — |  |  |  | 7,312 |
Other accrued liabilities |  |  | 7,289 |  |  |  | 10,081 |  |  |  | 242 |  |  |  | — |  |  |  | 17,612 |
Total current liabilities |  |  | 37,347 |  |  |  | 51,329 |  |  |  | 1,070 |  |  |  | — |  |  |  | 89,746 |
Long-term debt and capital leases, less current maturities |  |  | 504,836 |  |  |  | 2,298 |  |  |  | — |  |  |  | — |  |  |  | 507,134 |
Accrued capping, closure and post-closure costs, less current portion |  |  | — |  |  |  | 37,306 |  |  |  | 36 |  |  |  | — |  |  |  | 37,342 |
Deferred income taxes |  |  | 6,954 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 6,954 |
Other long-term liabilities |  |  | 10,025 |  |  |  | 7,149 |  |  |  | 84 |  |  |  | — |  |  |  | 17,258 |
STOCKHOLDERS’ (DEFICIT) EQUITY: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Casella Waste Systems, Inc. stockholders (deficit)’ equity |  |  | (8,407 | ) |  |  | 3,089 |  |  |  | (39,095 | ) |  |  | 36,006 |  |  |  | (8,407 | )
Noncontrolling interests |  |  | — |  |  |  | — |  |  |  | (130 | ) |  |  | — |  |  |  | (130 | )
Total stockholders’ (deficit) equity |  |  | (8,407 | ) |  |  | 3,089 |  |  |  | (39,225 | ) |  |  | 36,006 |  |  |  | (8,537 | )
|  | $ | 550,755 |  |  | $ | 101,171 |  |  | $ | (38,035 | ) |  | $ | 36,006 |  |  | $ | 649,897 |
Schedule of Consolidating Statement of Operations | CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF OPERATIONS THREE MONTHS ENDED JULY 31, 2014 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
Revenues |  | $ | — |  |  | $ | 141,090 |  |  | $ | 297 |  |  | $ | — |  |  | $ | 141,387 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of operations |  |  | 17 |  |  |  | 98,718 |  |  |  | 31 |  |  |  | — |  |  |  | 98,766 |
General and administration |  |  | 380 |  |  |  | 16,470 |  |  |  | (10 | ) |  |  | — |  |  |  | 16,840 |
Depreciation and amortization |  |  | 195 |  |  |  | 16,173 |  |  |  | — |  |  |  | — |  |  |  | 16,368 |
Environmental remediation charge |  |  | — |  |  |  | 75 |  |  |  | — |  |  |  | — |  |  |  | 75 |
|  |  | 592 |  |  |  | 131,436 |  |  |  | 21 |  |  |  | — |  |  |  | 132,049 |
Operating income (loss) |  |  | (592 | ) |  |  | 9,654 |  |  |  | 276 |  |  |  | — |  |  |  | 9,338 |
Other expense (income), net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | — |  |  |  | (88 | ) |  |  | — |  |  |  | — |  |  |  | (88 | )
Interest expense |  |  | 9,589 |  |  |  | (38 | ) |  |  | — |  |  |  | — |  |  |  | 9,551 |
(Income) loss from consolidated entities |  |  | (10,089 | ) |  |  | — |  |  |  | — |  |  |  | 10,089 |  |  |  | — |
(Gain) loss on derivative instruments |  |  | (69 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (69 | )
Other income |  |  | (23 | ) |  |  | (169 | ) |  |  | — |  |  |  | — |  |  |  | (192 | )
Other expense, net |  |  | (592 | ) |  |  | (295 | ) |  |  | — |  |  |  | 10,089 |  |  |  | 9,202 |
Income (loss) from continuing operations before income taxes |  |  | — |  |  |  | 9,949 |  |  |  | 276 |  |  |  | (10,089 | ) |  |  | 136 |
Provision (benefit) for income taxes |  |  | 290 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 290 |
Net income (loss) |  |  | (290 | ) |  |  | 9,949 |  |  |  | 276 |  |  |  | (10,089 | ) |  |  | (154 | )
Less: Net income (loss) attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | 136 |  |  |  | — |  |  |  | 136 |
Net income (loss) attributable to common stockholders |  | $ | (290 | ) |  | $ | 9,949 |  |  | $ | 140 |  |  | $ | (10,089 | ) |  | $ | (290 | )
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF OPERATIONS THREE MONTHS ENDED JULY 31, 2013 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
Revenues |  | $ | — |  |  | $ | 127,693 |  |  | $ | 865 |  |  | $ | — |  |  | $ | 128,558 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of operations |  |  | — |  |  |  | 87,782 |  |  |  | 637 |  |  |  | — |  |  |  | 88,419 |
General and administration |  |  | 157 |  |  |  | 14,927 |  |  |  | (6 | ) |  |  | — |  |  |  | 15,078 |
Depreciation and amortization |  |  | 214 |  |  |  | 14,802 |  |  |  | 181 |  |  |  | — |  |  |  | 15,197 |
Expense from divestiture, acquisition and financing costs |  |  | — |  |  |  | 20 |  |  |  | — |  |  |  | — |  |  |  | 20 |
Severance and reorganization costs |  |  | — |  |  |  | 107 |  |  |  | — |  |  |  | — |  |  |  | 107 |
|  |  | 371 |  |  |  | 117,638 |  |  |  | 812 |  |  |  | — |  |  |  | 118,821 |
Operating income (loss) |  |  | (371 | ) |  |  | 10,055 |  |  |  | 53 |  |  |  | — |  |  |  | 9,737 |
Other expense (income), net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | (1 | ) |  |  | (11 | ) |  |  | — |  |  |  | — |  |  |  | (12 | )
Interest expense |  |  | 9,347 |  |  |  | 12 |  |  |  | — |  |  |  | — |  |  |  | 9,359 |
(Income) loss from equity method investments |  |  | (9,172 | ) |  |  | (20 | ) |  |  | 997 |  |  |  | 9,172 |  |  |  | 977 |
(Gain) loss on derivative instruments |  |  | (654 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (654 | )
Other income |  |  | (19 | ) |  |  | (118 | ) |  |  | (1 | ) |  |  | — |  |  |  | (138 | )
Other expense, net |  |  | (499 | ) |  |  | (137 | ) |  |  | 996 |  |  |  | 9,172 |  |  |  | 9,532 |
Income (loss) from continuing operations before income taxes |  |  | 128 |  |  |  | 10,192 |  |  |  | (943 | ) |  |  | (9,172 | ) |  |  | 205 |
Provision (benefit) for income taxes |  |  | 319 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 319 |
Income (loss) from continuing operations |  |  | (191 | ) |  |  | 10,192 |  |  |  | (943 | ) |  |  | (9,172 | ) |  |  | (114 | )
Discontinued operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income (loss) from discontinued operations, net |  |  | — |  |  |  | 329 |  |  |  | — |  |  |  | — |  |  |  | 329 |
Gain (loss) on disposal of discontinued operations, net |  |  | — |  |  |  | (378 | ) |  |  | — |  |  |  | — |  |  |  | (378 | )
Net income (loss) |  |  | (191 | ) |  |  | 10,143 |  |  |  | (943 | ) |  |  | (9,172 | ) |  |  | (163 | )
Less: Net income (loss) attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | 28 |  |  |  | — |  |  |  | 28 |
Net income (loss) attributable to common stockholders |  | $ | (191 | ) |  | $ | 10,143 |  |  | $ | (971 | ) |  | $ | (9,172 | ) |  | $ | (191 | )
Schedule of Consolidating Statement of Comprehensive Income (Loss) | CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) THREE MONTHS ENDED JULY 31, 2014 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
Net income (loss) |  | $ | (290 | ) |  | $ | 9,949 |  |  | $ | 276 |  |  | $ | (10,089 | ) |  | $ | (154 | )
Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) resulting from changes in fair value of marketable securities |  |  | — |  |  |  | 12 |  |  |  | — |  |  |  | — |  |  |  | 12 |
Other comprehensive income (loss), net of tax |  |  | — |  |  |  | 12 |  |  |  | — |  |  |  | — |  |  |  | 12 |
Comprehensive income (loss) |  |  | (290 | ) |  |  | 9,961 |  |  |  | 276 |  |  |  | (10,089 | ) |  |  | (142 | )
Less: Comprehensive income (loss) attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | 136 |  |  |  | — |  |  |  | 136 |
Comprehensive income (loss) attributable to common stockholders |  | $ | (290 | ) |  | $ | 9,961 |  |  | $ | 140 |  |  | $ | (10,089 | ) |  | $ | (278 | )
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) THREE MONTHS ENDED JULY 31, 2013 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
Net income (loss) |  | $ | (191 | ) |  | $ | 10,143 |  |  | $ | (943 | ) |  | $ | (9,172 | ) |  | $ | (163 | )
Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) resulting from changes in fair value of derivative instruments |  |  | — |  |  |  | — |  |  |  | (289 | ) |  |  | — |  |  |  | (289 | )
Realized loss (gain) on derivative instruments reclassified into earnings |  |  | — |  |  |  | — |  |  |  | 164 |  |  |  | — |  |  |  | 164 |
Other comprehensive income (loss), net of tax |  |  | — |  |  |  | — |  |  |  | (125 | ) |  |  | — |  |  |  | (125 | )
Comprehensive income (loss) |  |  | (191 | ) |  |  | 10,143 |  |  |  | (1,068 | ) |  |  | (9,172 | ) |  |  | (288 | )
Less: Comprehensive income (loss) attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | 28 |  |  |  | — |  |  |  | 28 |
Comprehensive income (loss) attributable to common stockholders |  | $ | (191 | ) |  | $ | 10,143 |  |  | $ | (1,096 | ) |  | $ | (9,172 | ) |  | $ | (316 | )
Schedule of Condensed Consolidating Statement of Cash Flows | CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS THREE MONTHS ENDED JULY 31, 2014 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
Net cash provided by (used in) operating activities |  | $ | (9,238 | ) |  | $ | 22,829 |  |  | $ | (10 | ) |  | $ | — |  |  | $ | 13,581 |
Cash Flows from Investing Activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisition related additions to property, plant and equipment |  |  | — |  |  |  | (45 | ) |  |  | — |  |  |  | — |  |  |  | (45 | )
Additions to property, plant and equipment |  |  | (227 | ) |  |  | (16,654 | ) |  |  | — |  |  |  | — |  |  |  | (16,881 | )
Payments on landfill operating lease contracts |  |  | — |  |  |  | (962 | ) |  |  | — |  |  |  | — |  |  |  | (962 | )
Payments related to investments |  |  | — |  |  |  | (310 | ) |  |  | 310 |  |  |  | — |  |  |  | — |
Proceeds from sale of property and equipment |  |  | — |  |  |  | 163 |  |  |  | — |  |  |  | — |  |  |  | 163 |
Net cash provided by (used in) investing activities |  |  | (227 | ) |  |  | (17,808 | ) |  |  | 310 |  |  |  | — |  |  |  | (17,725 | )
Cash Flows from Financing Activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from long-term borrowings |  |  | — |  |  |  | 38,300 |  |  |  | — |  |  |  | — |  |  |  | 38,300 |
Principal payments on long-term debt |  |  | (34,181 | ) |  |  | (133 | ) |  |  | — |  |  |  | — |  |  |  | (34,314 | )
Payments of financing costs |  |  | (1 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1 | )
Proceeds from the exercise of share based awards |  |  | — |  |  |  | 143 |  |  |  | — |  |  |  | — |  |  |  | 143 |
Excess tax benefit on the vesting of share based awards |  |  | 59 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 59 |
Intercompany borrowings |  |  | 43,429 |  |  |  | (43,429 | ) |  |  | — |  |  |  | — |  |  |  | — |
Net cash provided by (used in) financing activities |  |  | 9,306 |  |  |  | (5,119 | ) |  |  | — |  |  |  | — |  |  |  | 4,187 |
Net cash provided by (used in) discontinued operations |  |  | — |  |  |  | 88 |  |  |  | — |  |  |  | — |  |  |  | 88 |
Net increase (decrease) in cash and cash equivalents |  |  | (159 | ) |  |  | (10 | ) |  |  | 300 |  |  |  | — |  |  |  | 131 |
Cash and cash equivalents, beginning of period |  |  | 2,151 |  |  |  | 271 |  |  |  | 42 |  |  |  | — |  |  |  | 2,464 |
Cash and cash equivalents, end of period |  | $ | 1,992 |  |  | $ | 261 |  |  | $ | 342 |  |  | $ | — |  |  | $ | 2,595 |
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS THREE MONTHS ENDED JULY 31, 2013 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
Net cash provided by (used in) operating activities |  | $ | (6,951 | ) |  | $ | 26,358 |  |  | $ | 119 |  |  | $ | — |  |  | $ | 19,526 |
Cash Flows from Investing Activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisitions, net of cash acquired |  |  | — |  |  |  | (29 | ) |  |  | — |  |  |  | — |  |  |  | (29 | )
Acquisition related additions to property, plant and equipment |  |  | — |  |  |  | (1,072 | ) |  |  | — |  |  |  | — |  |  |  | (1,072 | )
Additions to property, plant and equipment |  |  | (237 | ) |  |  | (13,109 | ) |  |  | (61 | ) |  |  | — |  |  |  | (13,407 | )
Payments on landfill operating lease contracts |  |  | — |  |  |  | (1,982 | ) |  |  | — |  |  |  | — |  |  |  | (1,982 | )
Payments related to investments |  |  | (2,148 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (2,148 | )
Proceeds from sale of property and equipment |  |  | — |  |  |  | 284 |  |  |  | — |  |  |  | — |  |  |  | 284 |
Net cash provided by (used in) investing activities |  |  | (2,385 | ) |  |  | (15,908 | ) |  |  | (61 | ) |  |  | — |  |  |  | (18,354 | )
Cash Flows from Financing Activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from long-term borrowings |  |  | 29,890 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 29,890 |
Principal payments on long-term debt |  |  | (28,585 | ) |  |  | (725 | ) |  |  | — |  |  |  | — |  |  |  | (29,310 | )
Payments of financing costs |  |  | (359 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (359 | )
Excess tax benefit on the vesting of share based awards |  |  | (63 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (63 | )
Intercompany borrowings |  |  | 9,513 |  |  |  | (9,513 | ) |  |  | — |  |  |  | — |  |  |  | — |
Net cash provided by (used in) financing activities |  |  | 10,396 |  |  |  | (10,238 | ) |  |  | — |  |  |  | — |  |  |  | 158 |
Net cash provided by (used in) discontinued operations |  |  | — |  |  |  | (166 | ) |  |  | — |  |  |  | — |  |  |  | (166 | )
Net increase (decrease) in cash and cash equivalents |  |  | 1,060 |  |  |  | 46 |  |  |  | 58 |  |  |  | — |  |  |  | 1,164 |
Cash and cash equivalents, beginning of period |  |  | 1,260 |  |  |  | 253 |  |  |  | 242 |  |  |  | — |  |  |  | 1,755 |
Cash and cash equivalents, end of period |  | $ | 2,320 |  |  | $ | 299 |  |  | $ | 300 |  |  | $ | — |  |  | $ | 2,919 |

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