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Subsidiary Guarantors (Tables) | 9 Months Ended
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Sep. 30, 2015
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 SEPTEMBER 30, 2015 (in thousands)
ASSETS |  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
CURRENT ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 1,586 |  |  | $ | 256 |  |  | $ | 177 |  |  | $ | — |  |  | $ | 2,019 |
Accounts receivable - trade, net |  |  | 376 |  |  |  | 63,459 |  |  |  | — |  |  |  | — |  |  |  | 63,835 |
Refundable income taxes |  |  | 653 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 653 |
Prepaid expenses |  |  | 3,303 |  |  |  | 5,678 |  |  |  | — |  |  |  | — |  |  |  | 8,981 |
Inventory |  |  | — |  |  |  | 4,586 |  |  |  | — |  |  |  | — |  |  |  | 4,586 |
Deferred income taxes |  |  | 1,839 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,839 |
Other current assets |  |  | 481 |  |  |  | 3,362 |  |  |  | — |  |  |  | — |  |  |  | 3,843 |
Total current assets |  |  | 8,238 |  |  |  | 77,341 |  |  |  | 177 |  |  |  | — |  |  |  | 85,756 |
Property, plant and equipment, net |  |  | 5,791 |  |  |  | 391,587 |  |  |  | — |  |  |  | — |  |  |  | 397,378 |
Goodwill |  |  | — |  |  |  | 118,976 |  |  |  | — |  |  |  | — |  |  |  | 118,976 |
Intangible assets, net |  |  | 30 |  |  |  | 9,812 |  |  |  | — |  |  |  | — |  |  |  | 9,842 |
Restricted assets |  |  | 4,500 |  |  |  | 783 |  |  |  | — |  |  |  | — |  |  |  | 5,283 |
Cost method investments |  |  | 14,115 |  |  |  | 1,932 |  |  |  | — |  |  |  | (1,932 | ) |  |  | 14,115 |
Investments in subsidiaries |  |  | 17,625 |  |  |  | — |  |  |  | — |  |  |  | (17,625 | ) |  |  | — |
Other non-current assets |  |  | 18,797 |  |  |  | 10,518 |  |  |  | — |  |  |  | — |  |  |  | 29,315 |
|  |  | 60,858 |  |  |  | 533,608 |  |  |  | — |  |  |  | (19,557 | ) |  |  | 574,909 |
Intercompany receivable |  |  | 495,276 |  |  |  | (458,225 | ) |  |  | (38,983 | ) |  |  | 1,932 |  |  |  | — |
|  | $ | 564,372 |  |  | $ | 152,724 |  |  | $ | (38,806 | ) |  | $ | (17,625 | ) |  | $ | 660,665 |
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY |  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
CURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current maturities of long-term debt and capital leases |  | $ | 94 |  |  | $ | 1,212 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,306 |
Accounts payable |  |  | 19,787 |  |  |  | 30,056 |  |  |  | 263 |  |  |  | — |  |  |  | 50,106 |
Accrued payroll and related expenses |  |  | 1,233 |  |  |  | 5,422 |  |  |  | — |  |  |  | — |  |  |  | 6,655 |
Accrued interest |  |  | 5,139 |  |  |  | 12 |  |  |  | — |  |  |  | — |  |  |  | 5,151 |
Current accrued capping, closure and post-closure costs |  |  | — |  |  |  | 792 |  |  |  | 3 |  |  |  | — |  |  |  | 795 |
Other accrued liabilities |  |  | 8,090 |  |  |  | 8,794 |  |  |  | — |  |  |  | — |  |  |  | 16,884 |
Total current liabilities |  |  | 34,343 |  |  |  | 46,288 |  |  |  | 266 |  |  |  | — |  |  |  | 80,897 |
Long-term debt and capital leases, less current maturities |  |  | 529,551 |  |  |  | 888 |  |  |  | — |  |  |  | — |  |  |  | 530,439 |
Accrued capping, closure and post-closure costs, less current portion |  |  | — |  |  |  | 41,275 |  |  |  | 34 |  |  |  | — |  |  |  | 41,309 |
Deferred income taxes |  |  | 7,272 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 7,272 |
Other long-term liabilities |  |  | 8,689 |  |  |  | 7,615 |  |  |  | — |  |  |  | — |  |  |  | 16,304 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | — |
STOCKHOLDERS’ (DEFICIT) EQUITY: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Casella Waste Systems, Inc. stockholders (deficit)’ equity |  |  | (15,483 | ) |  |  | 56,658 |  |  |  | (39,033 | ) |  |  | (17,625 | ) |  |  | (15,483 | )
Noncontrolling interests |  |  | — |  |  |  | — |  |  |  | (73 | ) |  |  | — |  |  |  | (73 | )
Total stockholders’ (deficit) equity |  |  | (15,483 | ) |  |  | 56,658 |  |  |  | (39,106 | ) |  |  | (17,625 | ) |  |  | (15,556 | )
|  | $ | 564,372 |  |  | $ | 152,724 |  |  | $ | (38,806 | ) |  | $ | (17,625 | ) |  | $ | 660,665 |
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2014 (in thousands)
ASSETS |  | Parent |  |  | Guarantors |  |  | Non- Guarantors |  |  | Elimination |  |  | Consolidated |
CURRENT ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 1,596 |  |  | $ | 253 |  |  | $ | 356 |  |  | $ | — |  |  | $ | 2,205 |
Restricted cash |  |  | — |  |  |  | 76 |  |  |  | — |  |  |  | — |  |  |  | 76 |
Accounts receivable - trade, net |  |  | 597 |  |  |  | 55,053 |  |  |  | 100 |  |  |  | — |  |  |  | 55,750 |
Refundable income taxes |  |  | 554 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 554 |
Prepaid expenses |  |  | 3,622 |  |  |  | 5,136 |  |  |  | 5 |  |  |  | — |  |  |  | 8,763 |
Inventory |  |  | — |  |  |  | 4,345 |  |  |  | 29 |  |  |  | — |  |  |  | 4,374 |
Deferred income taxes |  |  | 2,095 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,095 |
Other current assets |  |  | 296 |  |  |  | 4,549 |  |  |  | 7 |  |  |  | — |  |  |  | 4,852 |
Total current assets |  |  | 8,760 |  |  |  | 69,412 |  |  |  | 497 |  |  |  | — |  |  |  | 78,669 |
Property, plant and equipment, net |  |  | 5,049 |  |  |  | 408,843 |  |  |  | 650 |  |  |  | — |  |  |  | 414,542 |
Goodwill |  |  | — |  |  |  | 119,170 |  |  |  | — |  |  |  | — |  |  |  | 119,170 |
Intangible assets, net |  |  | 98 |  |  |  | 11,710 |  |  |  | — |  |  |  | — |  |  |  | 11,808 |
Restricted assets |  |  | 5,819 |  |  |  | 813 |  |  |  | — |  |  |  | — |  |  |  | 6,632 |
Cost method investments |  |  | 14,432 |  |  |  | 1,932 |  |  |  | — |  |  |  | (1,932 | ) |  |  | 14,432 |
Investments in subsidiaries |  |  | (9,888 | ) |  |  | — |  |  |  | — |  |  |  | 9,888 |  |  |  | — |
Other non-current assets |  |  | 14,611 |  |  |  | 9,931 |  |  |  | — |  |  |  | — |  |  |  | 24,542 |
|  |  | 30,121 |  |  |  | 552,399 |  |  |  | 650 |  |  |  | 7,956 |  |  |  | 591,126 |
Intercompany receivable |  |  | 537,228 |  |  |  | (500,267 | ) |  |  | (38,893 | ) |  |  | 1,932 |  |  |  | — |
|  | $ | 576,109 |  |  | $ | 121,544 |  |  | $ | (37,746 | ) |  | $ | 9,888 |  |  | $ | 669,795 |
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY |  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
CURRENT LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current maturities of long-term debt and capital leases |  | $ | 89 |  |  | $ | 1,567 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,656 |
Accounts payable |  |  | 17,953 |  |  |  | 30,040 |  |  |  | 525 |  |  |  | — |  |  |  | 48,518 |
Accrued payroll and related expenses |  |  | 1,536 |  |  |  | 4,751 |  |  |  | 2 |  |  |  | — |  |  |  | 6,289 |
Accrued interest |  |  | 11,083 |  |  |  | 11 |  |  |  | — |  |  |  | — |  |  |  | 11,094 |
Current accrued capping, closure and post-closure costs |  |  | — |  |  |  | 2,205 |  |  |  | 3 |  |  |  | — |  |  |  | 2,208 |
Other accrued liabilities |  |  | 8,618 |  |  |  | 7,957 |  |  |  | 92 |  |  |  | — |  |  |  | 16,667 |
Total current liabilities |  |  | 39,279 |  |  |  | 46,531 |  |  |  | 622 |  |  |  | — |  |  |  | 86,432 |
Long-term debt and capital leases, less current maturities |  |  | 532,889 |  |  |  | 1,166 |  |  |  | — |  |  |  | — |  |  |  | 534,055 |
Accrued capping, closure and post-closure costs, less current portion |  |  | — |  |  |  | 37,589 |  |  |  | 32 |  |  |  | — |  |  |  | 37,621 |
Deferred income taxes |  |  | 7,080 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 7,080 |
Other long-term liabilities |  |  | 9,114 |  |  |  | 7,433 |  |  |  | 80 |  |  |  | — |  |  |  | 16,627 |
STOCKHOLDERS’ (DEFICIT) EQUITY: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Casella Waste Systems, Inc. stockholders (deficit)’ equity |  |  | (12,253 | ) |  |  | 28,825 |  |  |  | (38,713 | ) |  |  | 9,888 |  |  |  | (12,253 | )
Noncontrolling interests |  |  | — |  |  |  | — |  |  |  | 233 |  |  |  | — |  |  |  | 233 |
Total stockholders’ (deficit) equity |  |  | (12,253 | ) |  |  | 28,825 |  |  |  | (38,480 | ) |  |  | 9,888 |  |  |  | (12,020 | )
|  | $ | 576,109 |  |  | $ | 121,544 |  |  | $ | (37,746 | ) |  | $ | 9,888 |  |  | $ | 669,795 |
Schedule of Consolidating Statement of Operations | CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF OPERATIONS THREE MONTHS ENDED SEPTEMBER 30, 2015 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Revenues |  | $ | — |  |  | $ | 146,185 |  |  | $ | — |  |  | $ | — |  |  | $ | 146,185 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of operations |  |  | 6 |  |  |  | 99,582 |  |  |  | 68 |  |  |  | — |  |  |  | 99,656 |
General and administration |  |  | 2,054 |  |  |  | 15,385 |  |  |  | 9 |  |  |  | — |  |  |  | 17,448 |
Depreciation and amortization |  |  | 267 |  |  |  | 16,118 |  |  |  | — |  |  |  | — |  |  |  | 16,385 |
|  |  | 2,327 |  |  |  | 131,085 |  |  |  | 77 |  |  |  | — |  |  |  | 133,489 |
Operating income (loss) |  |  | (2,327 | ) |  |  | 15,100 |  |  |  | (77 | ) |  |  | — |  |  |  | 12,696 |
Other expense (income), net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | — |  |  |  | (56 | ) |  |  | — |  |  |  | — |  |  |  | (56 | )
Interest expense |  |  | 10,053 |  |  |  | 34 |  |  |  | — |  |  |  | — |  |  |  | 10,087 |
(Income) loss on derivative instruments |  |  | 41 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 41 |
Loss on debt extinguishment |  |  | 345 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 345 |
(Income) loss from consolidated entities |  |  | (15,247 | ) |  |  | — |  |  |  | — |  |  |  | 15,247 |  |  |  | — |
Other income |  |  | (13 | ) |  |  | (165 | ) |  |  | — |  |  |  | — |  |  |  | (178 | )
Other expense (income), net |  |  | (4,821 | ) |  |  | (187 | ) |  |  | — |  |  |  | 15,247 |  |  |  | 10,239 |
Income (loss) before income taxes |  |  | 2,494 |  |  |  | 15,287 |  |  |  | (77 | ) |  |  | (15,247 | ) |  |  | 2,457 |
Provision (benefit) for income taxes |  |  | 198 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 198 |
Net income (loss) |  |  | 2,296 |  |  |  | 15,287 |  |  |  | (77 | ) |  |  | (15,247 | ) |  |  | 2,259 |
Less: Net income (loss) attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | (37 | ) |  |  | — |  |  |  | (37 | )
Net income (loss) attributable to common stockholders |  | $ | 2,296 |  |  | $ | 15,287 |  |  | $ | (40 | ) |  | $ | (15,247 | ) |  | $ | 2,296 |
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF OPERATIONS THREE MONTHS ENDED SEPTEMBER 30, 2014 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Revenues |  | $ | — |  |  | $ | 141,591 |  |  | $ | 333 |  |  | $ | — |  |  | $ | 141,924 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of operations |  |  | 11 |  |  |  | 98,199 |  |  |  | 18 |  |  |  | — |  |  |  | 98,228 |
General and administration |  |  | 1,226 |  |  |  | 15,996 |  |  |  | (11 | ) |  |  | — |  |  |  | 17,211 |
Depreciation and amortization |  |  | 187 |  |  |  | 15,600 |  |  |  | — |  |  |  | — |  |  |  | 15,787 |
Environmental remediation charge |  |  | — |  |  |  | 75 |  |  |  | — |  |  |  | — |  |  |  | 75 |
|  |  | 1,424 |  |  |  | 129,870 |  |  |  | 7 |  |  |  | — |  |  |  | 131,301 |
Operating income (loss) |  |  | (1,424 | ) |  |  | 11,721 |  |  |  | 326 |  |  |  | — |  |  |  | 10,623 |
Other expense (income), net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | — |  |  |  | (84 | ) |  |  | — |  |  |  | — |  |  |  | (84 | )
Interest expense |  |  | 9,621 |  |  |  | (97 | ) |  |  | — |  |  |  | — |  |  |  | 9,524 |
(Income) loss on derivative instruments |  |  | (82 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (82 | )
(Income) loss from consolidated entities |  |  | (12,245 | ) |  |  | — |  |  |  | — |  |  |  | 12,245 |  |  |  | — |
Other income |  |  | (27 | ) |  |  | (177 | ) |  |  | — |  |  |  | — |  |  |  | (204 | )
Other expense (income), net |  |  | (2,733 | ) |  |  | (358 | ) |  |  | — |  |  |  | 12,245 |  |  |  | 9,154 |
Income (loss) before income taxes |  |  | 1,309 |  |  |  | 12,079 |  |  |  | 326 |  |  |  | (12,245 | ) |  |  | 1,469 |
Provision (benefit) for income taxes |  |  | 229 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 229 |
Net income (loss) |  |  | 1,080 |  |  |  | 12,079 |  |  |  | 326 |  |  |  | (12,245 | ) |  |  | 1,240 |
Less: Net income (loss) attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | 160 |  |  |  | — |  |  |  | 160 |
Net income (loss) attributable to common stockholders |  | $ | 1,080 |  |  | $ | 12,079 |  |  | $ | 166 |  |  | $ | (12,245 | ) |  | $ | 1,080 |
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF OPERATIONS NINE MONTHS ENDED SEPTEMBER 30, 2015 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Revenues |  | $ | — |  |  | $ | 406,352 |  |  | $ | 124 |  |  | $ | — |  |  | $ | 406,476 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of operations |  |  | (43 | ) |  |  | 285,816 |  |  |  | 452 |  |  |  | — |  |  |  | 286,225 |
General and administration |  |  | 1,858 |  |  |  | 50,452 |  |  |  | 14 |  |  |  | — |  |  |  | 52,324 |
Depreciation and amortization |  |  | 767 |  |  |  | 45,607 |  |  |  | — |  |  |  | — |  |  |  | 46,374 |
Divestiture transactions |  |  | — |  |  |  | (2,761 | ) |  |  | (2,850 | ) |  |  | — |  |  |  | (5,611 | )
|  |  | 2,582 |  |  |  | 379,114 |  |  |  | (2,384 | ) |  |  | — |  |  |  | 379,312 |
Operating income (loss) |  |  | (2,582 | ) |  |  | 27,238 |  |  |  | 2,508 |  |  |  | — |  |  |  | 27,164 |
Other expense (income), net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | (47 | ) |  |  | (220 | ) |  |  | — |  |  |  | — |  |  |  | (267 | )
Interest expense |  |  | 30,137 |  |  |  | 142 |  |  |  | 84 |  |  |  | — |  |  |  | 30,363 |
Loss on debt extinguishment |  |  | 866 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 866 |
(Income) loss on derivative instruments |  |  | 239 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 239 |
(Income) loss from consolidated entities |  |  | (28,942 | ) |  |  | — |  |  |  | — |  |  |  | 28,942 |  |  |  | — |
Other income |  |  | 4 |  |  |  | (391 | ) |  |  | — |  |  |  | — |  |  |  | (387 | )
Other expense (income), net |  |  | 2,257 |  |  |  | (469 | ) |  |  | 84 |  |  |  | 28,942 |  |  |  | 30,814 |
Income (loss) before income taxes |  |  | (4,839 | ) |  |  | 27,707 |  |  |  | 2,424 |  |  |  | (28,942 | ) |  |  | (3,650 | )
Provision (benefit) for income taxes |  |  | 1,112 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,112 |
Net income (loss) |  |  | (5,951 | ) |  |  | 27,707 |  |  |  | 2,424 |  |  |  | (28,942 | ) |  |  | (4,762 | )
Less: Net income (loss) attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | 1,189 |  |  |  | — |  |  |  | 1,189 |
Net income (loss) attributable to common stockholders |  | $ | (5,951 | ) |  | $ | 27,707 |  |  | $ | 1,235 |  |  | $ | (28,942 | ) |  | $ | (5,951 | )
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF OPERATIONS NINE MONTHS ENDED SEPTEMBER 30, 2014 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Revenues |  | $ | — |  |  | $ | 391,386 |  |  | $ | 1,014 |  |  | $ | — |  |  | $ | 392,400 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of operations |  |  | (11 | ) |  |  | 280,918 |  |  |  | 943 |  |  |  | — |  |  |  | 281,850 |
General and administration |  |  | 2,366 |  |  |  | 46,814 |  |  |  | 12 |  |  |  | — |  |  |  | 49,192 |
Depreciation and amortization |  |  | 675 |  |  |  | 45,631 |  |  |  | 256 |  |  |  | — |  |  |  | 46,562 |
Divestiture transactions |  |  | — |  |  |  | — |  |  |  | 7,455 |  |  |  | — |  |  |  | 7,455 |
Development project charge |  |  | — |  |  |  | 1,394 |  |  |  | — |  |  |  | — |  |  |  | 1,394 |
Severance and reorganization costs |  |  | — |  |  |  | 430 |  |  |  | — |  |  |  | — |  |  |  | 430 |
Environmental remediation charge |  |  | — |  |  |  | 75 |  |  |  | — |  |  |  | — |  |  |  | 75 |
Expense from divestiture, acquisition and financing costs |  |  | — |  |  |  | 24 |  |  |  | — |  |  |  | — |  |  |  | 24 |
Gain on settlement of acquisition related contingent consideration |  |  | — |  |  |  | (1,058 | ) |  |  | — |  |  |  | — |  |  |  | (1,058 | )
|  |  | 3,030 |  |  |  | 374,228 |  |  |  | 8,666 |  |  |  | — |  |  |  | 385,924 |
Operating income (loss) |  |  | (3,030 | ) |  |  | 17,158 |  |  |  | (7,652 | ) |  |  | — |  |  |  | 6,476 |
Other expense (income), net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | (2 | ) |  |  | (277 | ) |  |  | — |  |  |  | — |  |  |  | (279 | )
Interest expense |  |  | 28,769 |  |  |  | (51 | ) |  |  | — |  |  |  | — |  |  |  | 28,718 |
(Income) loss on derivative instruments |  |  | 366 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 366 |
(Income) loss from equity method investments |  |  | — |  |  |  | (90 | ) |  |  | — |  |  |  | — |  |  |  | (90 | )
(Gain) loss on sale of equity method investment |  |  | — |  |  |  | — |  |  |  | 221 |  |  |  | — |  |  |  | 221 |
(Income) loss from consolidated entities |  |  | (13,925 | ) |  |  | — |  |  |  | — |  |  |  | 13,925 |  |  |  | — |
Other income |  |  | (300 | ) |  |  | (472 | ) |  |  | — |  |  |  | — |  |  |  | (772 | )
Other expense (income), net |  |  | 14,908 |  |  |  | (890 | ) |  |  | 221 |  |  |  | 13,925 |  |  |  | 28,164 |
Income (loss) before income taxes |  |  | (17,938 | ) |  |  | 18,048 |  |  |  | (7,873 | ) |  |  | (13,925 | ) |  |  | (21,688 | )
Provision (benefit) for income taxes |  |  | 1,060 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,060 |
Net income (loss) |  |  | (18,998 | ) |  |  | 18,048 |  |  |  | (7,873 | ) |  |  | (13,925 | ) |  |  | (22,748 | )
Less: Net income (loss) attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | (3,750 | ) |  |  | — |  |  |  | (3,750 | )
Net income (loss) attributable to common stockholders |  | $ | (18,998 | ) |  | $ | 18,048 |  |  | $ | (4,123 | ) |  | $ | (13,925 | ) |  | $ | (18,998 | )
Schedule of Consolidating Statement of Comprehensive Income (Loss) | CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) THREE MONTHS ENDED SEPTEMBER 30, 2015 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Net income (loss) |  | $ | 2,296 |  |  | $ | 15,287 |  |  | $ | (77 | ) |  | $ | (15,247 | ) |  | $ | 2,259 |
Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) resulting from changes in fair value of marketable securities |  |  | — |  |  |  | (44 | ) |  |  | — |  |  |  | — |  |  |  | (44 | )
Other comprehensive income (loss), net of tax |  |  | — |  |  |  | (44 | ) |  |  | — |  |  |  | — |  |  |  | (44 | )
Comprehensive income (loss) |  |  | 2,296 |  |  |  | 15,243 |  |  |  | (77 | ) |  |  | (15,247 | ) |  |  | 2,215 |
Less: Comprehensive income (loss) attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | (37 | ) |  |  | — |  |  |  | (37 | )
Comprehensive income (loss) attributable to common stockholders |  | $ | 2,296 |  |  | $ | 15,243 |  |  | $ | (40 | ) |  | $ | (15,247 | ) |  | $ | 2,252 |
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) THREE MONTHS ENDED SEPTEMBER 30, 2014 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Net income (loss) |  | $ | 1,080 |  |  | $ | 12,079 |  |  | $ | 326 |  |  | $ | (12,245 | ) |  | $ | 1,240 |
Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) resulting from changes in fair value of marketable securities, net of tax |  |  | — |  |  |  | 6 |  |  |  | — |  |  |  | — |  |  |  | 6 |
Other comprehensive income (loss), net of tax |  |  | — |  |  |  | 6 |  |  |  | — |  |  |  | — |  |  |  | 6 |
Comprehensive income (loss) |  |  | 1,080 |  |  |  | 12,085 |  |  |  | 326 |  |  |  | (12,245 | ) |  |  | 1,246 |
Less: Comprehensive income (loss) attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | 160 |  |  |  | — |  |  |  | 160 |
Comprehensive income (loss) attributable to common stockholders |  | $ | 1,080 |  |  | $ | 12,085 |  |  | $ | 166 |  |  | $ | (12,245 | ) |  | $ | 1,086 |
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) NINE MONTHS ENDED SEPTEMBER 30, 2015 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Net income (loss) |  | $ | (5,951 | ) |  | $ | 27,707 |  |  | $ | 2,424 |  |  | $ | (28,942 | ) |  | $ | (4,762 | )
Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) resulting from changes in fair value of marketable securities |  |  | — |  |  |  | (75 | ) |  |  | — |  |  |  | — |  |  |  | (75 | )
Other comprehensive income (loss), net of tax |  |  | — |  |  |  | (75 | ) |  |  | — |  |  |  | — |  |  |  | (75 | )
Comprehensive income (loss) |  |  | (5,951 | ) |  |  | 27,632 |  |  |  | 2,424 |  |  |  | (28,942 | ) |  |  | (4,837 | )
Less: Comprehensive income (loss) attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | 1,189 |  |  |  | — |  |  |  | 1,189 |
Comprehensive income (loss) attributable to common stockholders |  | $ | (5,951 | ) |  | $ | 27,632 |  |  | $ | 1,235 |  |  | $ | (28,942 | ) |  | $ | (6,026 | )
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) NINE MONTHS ENDED SEPTEMBER 30, 2014 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Net income (loss) |  | $ | (18,998 | ) |  | $ | 18,048 |  |  | $ | (7,873 | ) |  | $ | (13,925 | ) |  | $ | (22,748 | )
Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) resulting from changes in fair value of marketable securities, net of tax |  |  | — |  |  |  | 9 |  |  |  | — |  |  |  | — |  |  |  | 9 |
Other comprehensive income (loss), net of tax |  |  | — |  |  |  | 9 |  |  |  | — |  |  |  | — |  |  |  | 9 |
Comprehensive income (loss) |  |  | (18,998 | ) |  |  | 18,057 |  |  |  | (7,873 | ) |  |  | (13,925 | ) |  |  | (22,739 | )
Less: Comprehensive income (loss) attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | (3,750 | ) |  |  | — |  |  |  | (3,750 | )
Comprehensive income (loss) attributable to common stockholders |  | $ | (18,998 | ) |  | $ | 18,057 |  |  | $ | (4,123 | ) |  | $ | (13,925 | ) |  | $ | (18,989 | )
Schedule of Condensed Consolidating Statement of Cash Flows | CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS NINE MONTHS ENDED SEPTEMBER 30, 2015 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non - Guarantors |  |  | Elimination |  |  | Consolidated |
Net cash provided by (used in) operating activities |  | $ | 3,736 |  |  | $ | 37,423 |  |  | $ | (629 | ) |  | $ | — |  |  | $ | 40,530 |
Cash Flows from Investing Activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Additions to property, plant and equipment |  |  | (1,441 | ) |  |  | (29,597 | ) |  |  | — |  |  |  | — |  |  |  | (31,038 | )
Payments on landfill operating lease contracts |  |  | — |  |  |  | (2,956 | ) |  |  | — |  |  |  | — |  |  |  | (2,956 | )
Payments related to investments |  |  | — |  |  |  | 1,555 |  |  |  | (1,555 | ) |  |  | — |  |  |  | — |
Proceeds from divestiture transactions |  |  | — |  |  |  | 1,835 |  |  |  | 3,500 |  |  |  | — |  |  |  | 5,335 |
Proceeds from sale of property and equipment |  |  | — |  |  |  | 636 |  |  |  | — |  |  |  | — |  |  |  | 636 |
Proceeds from property insurance settlement |  |  | — |  |  |  | 546 |  |  |  | — |  |  |  | — |  |  |  | 546 |
Net cash provided by (used in) investing activities |  |  | (1,441 | ) |  |  | (27,981 | ) |  |  | 1,945 |  |  |  | — |  |  |  | (27,477 | )
Cash Flows from Financing Activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from long-term borrowings |  |  | 296,911 |  |  |  | 18 |  |  |  | — |  |  |  | — |  |  |  | 296,929 |
Principal payments on long-term debt |  |  | (300,568 | ) |  |  | (652 | ) |  |  | — |  |  |  | — |  |  |  | (301,220 | )
Change in restricted cash |  |  | 1,319 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,319 |
Payments of financing costs |  |  | (8,991 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (8,991 | )
Payment of redemption premium on long-term debt |  |  | (121 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (121 | )
Proceeds from the exercise of share based awards |  |  | 161 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 161 |
Excess tax benefit on the vesting of share based awards |  |  | 179 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 179 |
Distributions to noncontrolling interest holder |  |  | — |  |  |  | — |  |  |  | (1,495 | ) |  |  | — |  |  |  | (1,495 | )
Intercompany borrowings |  |  | 8,805 |  |  |  | (8,805 | ) |  |  | — |  |  |  | — |  |  |  | — |
Net cash provided by (used in) financing activities |  |  | (2,305 | ) |  |  | (9,439 | ) |  |  | (1,495 | ) |  |  | — |  |  |  | (13,239 | )
Net increase (decrease) in cash and cash equivalents |  |  | (10 | ) |  |  | 3 |  |  |  | (179 | ) |  |  | — |  |  |  | (186 | )
Cash and cash equivalents, beginning of period |  |  | 1,596 |  |  |  | 253 |  |  |  | 356 |  |  |  | — |  |  |  | 2,205 |
Cash and cash equivalents, end of period |  | $ | 1,586 |  |  | $ | 256 |  |  | $ | 177 |  |  | $ | — |  |  | $ | 2,019 |
CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS NINE MONTHS ENDED SEPTEMBER 30, 2014 (in thousands)
|  | Parent |  |  | Guarantors |  |  | Non-Guarantors |  |  | Elimination |  |  | Consolidated |
Net cash provided by (used in) operating activities |  | $ | (4,295 | ) |  | $ | 41,623 |  |  | $ | (64 | ) |  | $ | — |  |  | $ | 37,264 |
Cash Flows from Investing Activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisitions, net of cash acquired |  |  | — |  |  |  | (62 | ) |  |  | — |  |  |  | — |  |  |  | (62 | )
Acquisition related additions to property, plant and equipment |  |  | — |  |  |  | (266 | ) |  |  | — |  |  |  | — |  |  |  | (266 | )
Additions to property, plant and equipment |  |  | (689 | ) |  |  | (42,325 | ) |  |  | — |  |  |  | — |  |  |  | (43,014 | )
Payments on landfill operating lease contracts |  |  | — |  |  |  | (3,017 | ) |  |  | — |  |  |  | — |  |  |  | (3,017 | )
Proceeds from sale of property and equipment |  |  | — |  |  |  | 559 |  |  |  | — |  |  |  | — |  |  |  | 559 |
Proceeds from sale of equity method investment |  |  | 597 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 597 |
Payments related to investments |  |  | (84 | ) |  |  | (310 | ) |  |  | 310 |  |  |  | — |  |  |  | (84 | )
Net cash provided by (used in) investing activities |  |  | (176 | ) |  |  | (45,421 | ) |  |  | 310 |  |  |  | — |  |  |  | (45,287 | )
Cash Flows from Financing Activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from long-term borrowings |  |  | 134,560 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 134,560 |
Principal payments on long-term debt |  |  | (126,121 | ) |  |  | (592 | ) |  |  | — |  |  |  | — |  |  |  | (126,713 | )
Payments of financing costs |  |  | (24 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (24 | )
Proceeds from the exercise of share based awards |  |  | 286 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 286 |
Excess tax benefit on the vesting of share based awards |  |  | 14 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 14 |
Intercompany borrowings |  |  | (4,139 | ) |  |  | 4,139 |  |  |  | — |  |  |  | — |  |  |  | — |
Net cash provided by (used in) financing activities |  |  | 4,576 |  |  |  | 3,547 |  |  |  | — |  |  |  | — |  |  |  | 8,123 |
Net cash provided by (used in) discontinued operations |  |  | — |  |  |  | 263 |  |  |  | — |  |  |  | — |  |  |  | 263 |
Net increase (decrease) in cash and cash equivalents |  |  | 105 |  |  |  | 12 |  |  |  | 246 |  |  |  | — |  |  |  | 363 |
Cash and cash equivalents, beginning of period |  |  | 2,312 |  |  |  | 243 |  |  |  | 140 |  |  |  | — |  |  |  | 2,695 |
Cash and cash equivalents, end of period |  | $ | 2,417 |  |  | $ | 255 |  |  | $ | 386 |  |  | $ | — |  |  | $ | 3,058 |

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