XML 44 R30.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Correction of Prior Period Financial Statements | 6 Months Ended
--- | ---
Jun. 30, 2017
Accounting Changes and Error Corrections [Abstract] |
Correction of Prior Period Financial Statements | Correction of Prior Period Financial Statements During the application of fresh start reporting, an immaterial error was identified that impacted previously reported results. When determining whether a valuation allowance was required to reduce the deferred tax assets of one of its tax paying components to an amount that was more likely than not to be realized, the Company inappropriately considered the future reversal of existing temporary differences from another tax paying component as a source of taxable income. The initial error occurred in 2013 and resulted in a $251.3 million understatement of the required valuation allowance and an overstatement of retained earnings of the same amount. Although the error does not materially impact the statements of operations presented in this Quarterly Report on Form 10-Q, the effect of correcting the entire cumulative balance sheet difference in the current period would be material to the current period results. The correction of the error increased the liability for deferred income taxes by $156.3 million and increased the accumulated deficit balance by the same amount as of December 31, 2016, compared to the amounts previously reported. The error did not have an impact on the Company’s liquidity or cash flows from operations, nor did it have an impact on the Company’s compliance with any of its debt covenants. Financial information included in the accompanying financial statements and the notes thereto reflects the effects of the corrections described in the preceding discussion and tables below.
| Three Months Ended June 30, 2016 |  | Six Months Ended June 30, 2016
| Previously Reported |  | As Adjusted |  | Previously Reported |  | As Adjusted
| (In millions, except per share data)
Results of Operations Amounts |  |  |  |  |  |  |
Income tax (benefit) provision | $ | (30.0 | ) |  | $ | (37.6 | ) |  | $ | (95.8 | ) |  | $ | (97.4 | )
Loss from continuing operations, net of income taxes | (230.8 | ) |  | (223.2 | ) |  | (392.5 | ) |  | (390.9 | )
Net loss | (233.8 | ) |  | (226.2 | ) |  | (398.9 | ) |  | (397.3 | )
Net loss attributable to common stockholders | (235.5 | ) |  | (227.9 | ) |  | (400.6 | ) |  | (399.0 | )
Basic and Diluted EPS - Loss from continuing operations | $ | (12.71 | ) |  | $ | (12.30 | ) |  | $ | (21.56 | ) |  | $ | (21.47 | )
Basic and Diluted EPS - Loss attributable to common stockholders | $ | (12.87 | ) |  | $ | (12.46 | ) |  | $ | (21.91 | ) |  | $ | (21.82 | )

X
- References No definition available. + Details
Name: | us-gaap_AccountingChangesAndErrorCorrectionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -URI http://asc.fasb.org/topic&trid=2122394 + Details
Name: | us-gaap_AccountingChangesAndErrorCorrectionsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration