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v3.19.3

CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2019
Condensed Financial Information Disclosure [Abstract] |
CONDENSED CONSOLIDATING BALANCE SHEETS | CONDENSED CONSOLIDATING BALANCE SHEETS (Amounts in thousands)
| September 30, 2019
| Parent |  | Guarantors |  | Non-Guarantors |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 6,279 |  |  | $ | 3,715 |  |  | $ | 130 |  |  | $ | — |  |  | $ | 10,124 |
Accounts receivable - oil and natural gas sales | 857 |  |  | 111,800 |  |  | — |  |  | — |  |  | 112,657 |
Accounts receivable - joint interest and other | 6,909 |  |  | 34,418 |  |  | — |  |  | — |  |  | 41,327 |
Accounts receivable - intercompany | 953,446 |  |  | 625,306 |  |  | — |  |  | (1,578,752 | ) |  | — |
Prepaid expenses and other current assets | 3,886 |  |  | 1,697 |  |  | 75 |  |  | — |  |  | 5,658 |
Short-term derivative instruments | 134,571 |  |  | — |  |  | — |  |  | — |  |  | 134,571 |
Total current assets | 1,105,948 |  |  | 776,936 |  |  | 205 |  |  | (1,578,752 | ) |  | 304,337 |
Property and equipment: |  |  |  |  |  |  |  |  |
Oil and natural gas properties, full-cost accounting | 1,312,715 |  |  | 9,239,581 |  |  | 146 |  |  | (729 | ) |  | 10,551,713 |
Other property and equipment | 92,163 |  |  | 751 |  |  | 3,319 |  |  | — |  |  | 96,233 |
Accumulated depletion, depreciation, amortization and impairment | (1,416,261 | ) |  | (3,646,931 | ) |  | (221 | ) |  | — |  |  | (5,063,413 | )
Property and equipment, net | (11,383 | ) |  | 5,593,401 |  |  | 3,244 |  |  | (729 | ) |  | 5,584,533 |
Other assets: |  |  |  |  |  |  |  |  |
Equity investments and investments in subsidiaries | 5,106,904 |  |  | — |  |  | 49,545 |  |  | (5,082,487 | ) |  | 73,962 |
Long-term derivative instruments | 23,419 |  |  | — |  |  | — |  |  | — |  |  | 23,419 |
Deferred tax asset | 205,853 |  |  | — |  |  | — |  |  | — |  |  | 205,853 |
Inventories | 94 |  |  | 6,928 |  |  | — |  |  | — |  |  | 7,022 |
Operating lease assets | 13,920 |  |  | — |  |  | — |  |  | — |  |  | 13,920 |
Operating lease assets - related parties | 48,449 |  |  | — |  |  | — |  |  | — |  |  | 48,449 |
Other assets | 11,333 |  |  | 320 |  |  | — |  |  | — |  |  | 11,653 |
Total other assets | 5,409,972 |  |  | 7,248 |  |  | 49,545 |  |  | (5,082,487 | ) |  | 384,278 |
Total assets | $ | 6,504,537 |  |  | $ | 6,377,585 |  |  | $ | 52,994 |  |  | $ | (6,661,968 | ) |  | $ | 6,273,148 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities | $ | 69,863 |  |  | $ | 369,129 |  |  | $ | 27 |  |  | $ | — |  |  | $ | 439,019 |
Accounts payable - intercompany | 660,364 |  |  | 914,401 |  |  | 3,987 |  |  | (1,578,752 | ) |  | — |
Short-term derivative instruments | 429 |  |  | — |  |  | — |  |  | — |  |  | 429 |
Current portion of operating lease liabilities | 12,848 |  |  | — |  |  | — |  |  | — |  |  | 12,848 |
Current portion of operating lease liabilities - related parties | 21,017 |  |  | — |  |  | — |  |  | — |  |  | 21,017 |
Current maturities of long-term debt | 622 |  |  | — |  |  | — |  |  | — |  |  | 622 |
Total current liabilities | 765,143 |  |  | 1,283,530 |  |  | 4,014 |  |  | (1,578,752 | ) |  | 473,935 |
Long-term derivative instruments | 72,040 |  |  | — |  |  | — |  |  | — |  |  | 72,040 |
Asset retirement obligation - long-term | — |  |  | 59,819 |  |  | — |  |  | — |  |  | 59,819 |
Uncertain tax position liability | 3,127 |  |  | — |  |  | — |  |  | — |  |  | 3,127 |
Non-current operating lease liabilities | 1,072 |  |  | — |  |  | — |  |  | — |  |  | 1,072 |
Non-current operating lease liabilities - related parties | 27,432 |  |  | — |  |  | — |  |  | — |  |  | 27,432 |
Long-term debt, net of current maturities | 2,076,569 |  |  | — |  |  | — |  |  | — |  |  | 2,076,569 |
Total liabilities | 2,945,383 |  |  | 1,343,349 |  |  | 4,014 |  |  | (1,578,752 | ) |  | 2,713,994 |
Stockholders’ equity: |  |  |  |  |  |  |  |  |
Common stock | 1,597 |  |  | — |  |  | — |  |  | — |  |  | 1,597 |
Paid-in capital | 4,205,158 |  |  | 4,170,573 |  |  | 262,061 |  |  | (4,432,634 | ) |  | 4,205,158 |
Accumulated other comprehensive loss | (50,679 | ) |  | — |  |  | (48,548 | ) |  | 48,548 |  |  | (50,679 | )
(Accumulated deficit) retained earnings | (596,922 | ) |  | 863,663 |  |  | (164,533 | ) |  | (699,130 | ) |  | (596,922 | )
Total stockholders’ equity | 3,559,154 |  |  | 5,034,236 |  |  | 48,980 |  |  | (5,083,216 | ) |  | 3,559,154 |
Total liabilities and stockholders’ equity | $ | 6,504,537 |  |  | $ | 6,377,585 |  |  | $ | 52,994 |  |  | $ | (6,661,968 | ) |  | $ | 6,273,148 |
CONDENSED CONSOLIDATING BALANCE SHEETS (Amounts in thousands)
| December 31, 2018
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 25,585 |  |  | $ | 26,711 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 52,297 |
Accounts receivable - oil and natural gas sales | 146,075 |  |  | 64,125 |  |  | — |  |  | — |  |  | 210,200 |
Accounts receivable - joint interest and other | 16,212 |  |  | 6,285 |  |  | — |  |  | — |  |  | 22,497 |
Accounts receivable - intercompany | 671,633 |  |  | 319,464 |  |  | — |  |  | (991,097 | ) |  | — |
Prepaid expenses and other current assets | 7,843 |  |  | 2,174 |  |  | — |  |  | — |  |  | 10,017 |
Short-term derivative instruments | 21,352 |  |  | — |  |  | — |  |  | — |  |  | 21,352 |
Total current assets | 888,700 |  |  | 418,759 |  |  | 1 |  |  | (991,097 | ) |  | 316,363 |
Property and equipment: |  |  |  |  |  |  |  |  |
Oil and natural gas properties, full-cost accounting, | 7,044,550 |  |  | 2,983,015 |  |  | — |  |  | (729 | ) |  | 10,026,836 |
Other property and equipment | 91,916 |  |  | 751 |  |  | — |  |  | — |  |  | 92,667 |
Accumulated depletion, depreciation, amortization and impairment | (4,640,059 | ) |  | (39 | ) |  | — |  |  | — |  |  | (4,640,098 | )
Property and equipment, net | 2,496,407 |  |  | 2,983,727 |  |  | — |  |  | (729 | ) |  | 5,479,405 |
Other assets: |  |  |  |  |  |  |  |  |
Equity investments and investments in subsidiaries | 2,856,988 |  |  | — |  |  | 44,259 |  |  | (2,665,126 | ) |  | 236,121 |
Inventories | 4,210 |  |  | 1,134 |  |  | — |  |  | — |  |  | 5,344 |
Other assets | 12,624 |  |  | 1,178 |  |  | — |  |  | 1 |  |  | 13,803 |
Total other assets | 2,873,822 |  |  | 2,312 |  |  | 44,259 |  |  | (2,665,125 | ) |  | 255,268 |
Total assets | $ | 6,258,929 |  |  | $ | 3,404,798 |  |  | $ | 44,260 |  |  | $ | (3,656,951 | ) |  | $ | 6,051,036 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities | $ | 419,107 |  |  | $ | 99,273 |  |  | $ | — |  |  | $ | — |  |  | $ | 518,380 |
Accounts payable - intercompany | 320,259 |  |  | 670,708 |  |  | 130 |  |  | (991,097 | ) |  | — |
Short-term derivative instruments | 20,401 |  |  | — |  |  | — |  |  | — |  |  | 20,401 |
Current maturities of long-term debt | 651 |  |  | — |  |  | — |  |  | — |  |  | 651 |
Total current liabilities | 760,418 |  |  | 769,981 |  |  | 130 |  |  | (991,097 | ) |  | 539,432 |
Long-term derivative instruments | 13,992 |  |  | — |  |  | — |  |  | — |  |  | 13,992 |
Asset retirement obligation - long-term | 66,859 |  |  | 13,093 |  |  | — |  |  | — |  |  | 79,952 |
Uncertain tax position liability | 3,127 |  |  | — |  |  | — |  |  | — |  |  | 3,127 |
Long-term debt, net of current maturities | 2,086,765 |  |  | — |  |  | — |  |  | — |  |  | 2,086,765 |
Total liabilities | 2,931,161 |  |  | 783,074 |  |  | 130 |  |  | (991,097 | ) |  | 2,723,268 |
Stockholders’ equity: |  |  |  |  |  |  |  |  |
Common stock | 1,630 |  |  | — |  |  | — |  |  | — |  |  | 1,630 |
Paid-in capital | 4,227,532 |  |  | 1,915,598 |  |  | 261,626 |  |  | (2,177,224 | ) |  | 4,227,532 |
Accumulated other comprehensive loss | (56,026 | ) |  | — |  |  | (53,783 | ) |  | 53,783 |  |  | (56,026 | )
(Accumulated deficit) retained earnings | (845,368 | ) |  | 706,126 |  |  | (163,713 | ) |  | (542,413 | ) |  | (845,368 | )
Total stockholders’ equity | 3,327,768 |  |  | 2,621,724 |  |  | 44,130 |  |  | (2,665,854 | ) |  | 3,327,768 |
Total liabilities and stockholders’ equity | $ | 6,258,929 |  |  | $ | 3,404,798 |  |  | $ | 44,260 |  |  | $ | (3,656,951 | ) |  | $ | 6,051,036 |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS | CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Amounts in thousands)
| Three months ended September 30, 2019
| Parent |  | Guarantors |  | Non-Guarantors |  | Eliminations |  | Consolidated
Total revenues | $ | 27,358 |  |  | $ | 257,817 |  |  | $ | — |  |  | $ | — |  |  | $ | 285,175 |
Costs and expenses: |  |  |  |  |  |  |  |  |
Lease operating expenses | (231 | ) |  | 22,704 |  |  | — |  |  | — |  |  | 22,473 |
Production taxes | 36 |  |  | 6,529 |  |  | — |  |  | — |  |  | 6,565 |
Midstream gathering and processing expenses | — |  |  | 78,435 |  |  | — |  |  | — |  |  | 78,435 |
Depreciation, depletion and amortization | 2,699 |  |  | 142,625 |  |  | 166 |  |  | — |  |  | 145,490 |
Impairment of oil and natural gas properties | — |  |  | 35,647 |  |  | — |  |  | — |  |  | 35,647 |
General and administrative expenses | 27,218 |  |  | (12,675 | ) |  | 116 |  |  | — |  |  | 14,659 |
Accretion expense | — |  |  | 747 |  |  | — |  |  | — |  |  | 747 |
| 29,722 |  |  | 274,012 |  |  | 282 |  |  | — |  |  | 304,016 |
LOSS FROM OPERATIONS | (2,364 | ) |  | (16,195 | ) |  | (282 | ) |  | — |  |  | (18,841 | )
OTHER EXPENSE (INCOME): |  |  |  |  |  |  |  |  |
Interest expense | 35,105 |  |  | (1,010 | ) |  | — |  |  | — |  |  | 34,095 |
Interest income | (187 | ) |  | (151 | ) |  | — |  |  | — |  |  | (338 | )
Gain on debt extinguishment | (23,600 | ) |  | — |  |  | — |  |  | — |  |  | (23,600 | )
Loss from equity method investments and investments in subsidiaries | 62,760 |  |  | — |  |  | 40 |  |  | (19,718 | ) |  | 43,082 |
Other (income) expense | (1,168 | ) |  | 3,362 |  |  | — |  |  | 1,000 |  |  | 3,194 |
| 72,910 |  |  | 2,201 |  |  | 40 |  |  | (18,718 | ) |  | 56,433 |
LOSS BEFORE INCOME TAXES | (75,274 | ) |  | (18,396 | ) |  | (322 | ) |  | 18,718 |  |  | (75,274 | )
INCOME TAX BENEFIT | (26,522 | ) |  | — |  |  | — |  |  | — |  |  | (26,522 | )
NET LOSS | $ | (48,752 | ) |  | $ | (18,396 | ) |  | $ | (322 | ) |  | $ | 18,718 |  |  | $ | (48,752 | )
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Amounts in thousands)
| Three months ended September 30, 2018
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Total revenues | $ | 235,683 |  |  | $ | 125,279 |  |  | $ | — |  |  | $ | — |  |  | $ | 360,962 |
Costs and expenses: |  |  |  |  |  |  |  |  |
Lease operating expenses | 16,502 |  |  | 5,823 |  |  | — |  |  | — |  |  | 22,325 |
Production taxes | 4,505 |  |  | 4,843 |  |  | — |  |  | — |  |  | 9,348 |
Midstream gathering and processing expenses | 54,397 |  |  | 24,516 |  |  | — |  |  | — |  |  | 78,913 |
Depreciation, depletion and amortization | 119,914 |  |  | 1 |  |  | — |  |  | — |  |  | 119,915 |
General and administrative expenses | 16,314 |  |  | (467 | ) |  | 1 |  |  | — |  |  | 15,848 |
Accretion expense | 812 |  |  | 225 |  |  | — |  |  | — |  |  | 1,037 |
| 212,444 |  |  | 34,941 |  |  | 1 |  |  | — |  |  | 247,386 |
INCOME (LOSS) FROM OPERATIONS | 23,239 |  |  | 90,338 |  |  | (1 | ) |  | — |  |  | 113,576 |
OTHER (INCOME) EXPENSE: |  |  |  |  |  |  |  |  |
Interest expense | 34,254 |  |  | (1,001 | ) |  | — |  |  | — |  |  | 33,253 |
Interest income | (86 | ) |  | (6 | ) |  | — |  |  | — |  |  | (92 | )
Gain on sale of equity method investments | (2,733 | ) |  | — |  |  | — |  |  | — |  |  | (2,733 | )
(Income) loss from equity method investments and investments in subsidiaries | (104,226 | ) |  | (1 | ) |  | 275 |  |  | 91,094 |  |  | (12,858 | )
Other expense (income) | 880 |  |  | (24 | ) |  | — |  |  | — |  |  | 856 |
| (71,911 | ) |  | (1,032 | ) |  | 275 |  |  | 91,094 |  |  | 18,426 |
INCOME (LOSS) BEFORE INCOME TAXES | 95,150 |  |  | 91,370 |  |  | (276 | ) |  | (91,094 | ) |  | 95,150 |
INCOME TAX BENEFIT | — |  |  | — |  |  | — |  |  | — |  |  | — |
NET INCOME (LOSS) | $ | 95,150 |  |  | $ | 91,370 |  |  | $ | (276 | ) |  | $ | (91,094 | ) |  | $ | 95,150 |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Amounts in thousands)
| Nine months ended September 30, 2019
| Parent |  | Guarantors |  | Non-Guarantors |  | Eliminations |  | Consolidated
Total revenues | $ | 493,895 |  |  | $ | 570,852 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,064,747 |
Costs and expenses: |  |  |  |  |  |  |  |  |
Lease operating expenses | 26,918 |  |  | 37,750 |  |  | — |  |  | — |  |  | 64,668 |
Production taxes | 6,117 |  |  | 16,467 |  |  | — |  |  | — |  |  | 22,584 |
Midstream gathering and processing expenses | 71,420 |  |  | 149,312 |  |  | — |  |  | — |  |  | 220,732 |
Depreciation, depletion, and amortization | 201,263 |  |  | 187,390 |  |  | 221 |  |  | — |  |  | 388,874 |
Impairment of oil and gas properties | — |  |  | 35,647 |  |  | — |  |  | — |  |  | 35,647 |
General and administrative expenses | 56,195 |  |  | (16,933 | ) |  | 220 |  |  | — |  |  | 39,482 |
Accretion expense | 1,389 |  |  | 1,784 |  |  | — |  |  | — |  |  | 3,173 |
| 363,302 |  |  | 411,417 |  |  | 441 |  |  | — |  |  | 775,160 |
INCOME (LOSS) FROM OPERATIONS | 130,593 |  |  | 159,435 |  |  | (441 | ) |  | — |  |  | 289,587 |
OTHER EXPENSE (INCOME): |  |  |  |  |  |  |  |  |
Interest expense | 105,364 |  |  | (2,269 | ) |  | — |  |  | — |  |  | 103,095 |
Interest income | (454 | ) |  | (195 | ) |  | — |  |  | — |  |  | (649 | )
Gain on debt extinguishment | (23,600 | ) |  | — |  |  | — |  |  | — |  |  | (23,600 | )
Loss from equity method investments and investments in subsidiaries | 7,295 |  |  | — |  |  | 379 |  |  | 156,717 |  |  | 164,391 |
Other (income) expense | (605 | ) |  | 3,362 |  |  | — |  |  | 1,000 |  |  | 3,757 |
| 88,000 |  |  | 898 |  |  | 379 |  |  | 157,717 |  |  | 246,994 |
INCOME (LOSS) BEFORE INCOME TAXES | 42,593 |  |  | 158,537 |  |  | (820 | ) |  | (157,717 | ) |  | 42,593 |
INCOME TAX BENEFIT | (205,853 | ) |  | — |  |  | — |  |  | — |  |  | (205,853 | )
NET INCOME (LOSS) | $ | 248,446 |  |  | $ | 158,537 |  |  | $ | (820 | ) |  | $ | (157,717 | ) |  | $ | 248,446 |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Amounts in thousands)
| Nine months ended September 30, 2018
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Total revenues | $ | 596,018 |  |  | $ | 343,076 |  |  | $ | — |  |  | $ | — |  |  | $ | 939,094 |
Costs and expenses: |  |  |  |  |  |  |  |  |
Lease operating expenses | 46,926 |  |  | 17,217 |  |  | — |  |  | — |  |  | 64,143 |
Production taxes | 13,309 |  |  | 10,552 |  |  | — |  |  | — |  |  | 23,861 |
Midstream gathering and processing expenses | 152,605 |  |  | 61,941 |  |  | — |  |  | — |  |  | 214,546 |
Depreciation, depletion, and amortization | 352,846 |  |  | 2 |  |  | — |  |  | — |  |  | 352,848 |
General and administrative expenses | 45,100 |  |  | (2,148 | ) |  | 3 |  |  | — |  |  | 42,955 |
Accretion expense | 2,397 |  |  | 659 |  |  | — |  |  | — |  |  | 3,056 |
| 613,183 |  |  | 88,223 |  |  | 3 |  |  | — |  |  | 701,409 |
(LOSS) INCOME FROM OPERATIONS | (17,165 | ) |  | 254,853 |  |  | (3 | ) |  | — |  |  | 237,685 |
OTHER (INCOME) EXPENSE: |  |  |  |  |  |  |  |  |
Interest expense | 103,310 |  |  | (2,388 | ) |  | — |  |  | — |  |  | 100,922 |
Interest income | (144 | ) |  | (18 | ) |  | — |  |  | — |  |  | (162 | )
Gain on sale of equity method investments | (28,349 | ) |  | (96,419 | ) |  | — |  |  | — |  |  | (124,768 | )
(Income) loss from equity method investments and investments in subsidiaries | (387,991 | ) |  | (694 | ) |  | 833 |  |  | 352,570 |  |  | (35,282 | )
Other (income) expense | (481 | ) |  | (34 | ) |  | — |  |  | 1,000 |  |  | 485 |
| (313,655 | ) |  | (99,553 | ) |  | 833 |  |  | 353,570 |  |  | (58,805 | )
INCOME (LOSS) BEFORE INCOME TAXES | 296,490 |  |  | 354,406 |  |  | (836 | ) |  | (353,570 | ) |  | 296,490 |
INCOME TAX BENEFIT | (69 | ) |  | — |  |  | — |  |  | — |  |  | (69 | )
NET INCOME (LOSS) | $ | 296,559 |  |  | $ | 354,406 |  |  | $ | (836 | ) |  | $ | (353,570 | ) |  | $ | 296,559 |
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS) | CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Amounts in thousands)
| Three months ended September 30, 2019
| Parent |  | Guarantors |  | Non-Guarantors |  | Eliminations |  | Consolidated
Net loss | $ | (48,752 | ) |  | $ | (18,396 | ) |  | $ | (322 | ) |  | $ | 18,718 |  |  | $ | (48,752 | )
Foreign currency translation adjustment | (2,064 | ) |  | (43 | ) |  | (2,021 | ) |  | 2,064 |  |  | (2,064 | )
Other comprehensive loss | (2,064 | ) |  | (43 | ) |  | (2,021 | ) |  | 2,064 |  |  | (2,064 | )
Comprehensive loss | $ | (50,816 | ) |  | $ | (18,439 | ) |  | $ | (2,343 | ) |  | $ | 20,782 |  |  | $ | (50,816 | )
| Three months ended September 30, 2018
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Net income (loss) | $ | 95,150 |  |  | $ | 91,370 |  |  | $ | (276 | ) |  | $ | (91,094 | ) |  | $ | 95,150 |
Foreign currency translation adjustment | 3,052 |  |  | 103 |  |  | 2,949 |  |  | (3,052 | ) |  | 3,052 |
Other comprehensive income | 3,052 |  |  | 103 |  |  | 2,949 |  |  | (3,052 | ) |  | 3,052 |
Comprehensive income | $ | 98,202 |  |  | $ | 91,473 |  |  | $ | 2,673 |  |  | $ | (94,146 | ) |  | $ | 98,202 |
| Nine months ended September 30, 2019
| Parent |  | Guarantors |  | Non-Guarantors |  | Eliminations |  | Consolidated
Net income (loss) | $ | 248,446 |  |  | $ | 158,537 |  |  | $ | (820 | ) |  | $ | (157,717 | ) |  | $ | 248,446 |
Foreign currency translation adjustment | 5,347 |  |  | 112 |  |  | 5,235 |  |  | (5,347 | ) |  | 5,347 |
Other comprehensive income | 5,347 |  |  | 112 |  |  | 5,235 |  |  | (5,347 | ) |  | 5,347 |
Comprehensive income | $ | 253,793 |  |  | $ | 158,649 |  |  | $ | 4,415 |  |  | $ | (163,064 | ) |  | $ | 253,793 |
| Nine months ended September 30, 2018
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Net income (loss) | $ | 296,559 |  |  | $ | 354,406 |  |  | $ | (836 | ) |  | $ | (353,570 | ) |  | $ | 296,559 |
Foreign currency translation adjustment | (5,815 | ) |  | (70 | ) |  | (5,745 | ) |  | 5,815 |  |  | (5,815 | )
Other comprehensive loss | (5,815 | ) |  | (70 | ) |  | (5,745 | ) |  | 5,815 |  |  | (5,815 | )
Comprehensive income (loss) | $ | 290,744 |  |  | $ | 354,336 |  |  | $ | (6,581 | ) |  | $ | (347,755 | ) |  | $ | 290,744 |
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS | CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (Amounts in thousands)
| Nine months ended September 30, 2019
| Parent |  | Guarantors |  | Non-Guarantors |  | Eliminations |  | Consolidated
Net cash (used in) provided by operating activities | $ | (7,604 | ) |  | $ | 621,511 |  |  | $ | 3,445 |  |  | $ | 3 |  |  | $ | 617,355 |
Net cash provided by (used in) investing activities | 9,178 |  |  | (644,507 | ) |  | (3,751 | ) |  | 432 |  |  | (638,648 | )
Net cash (used in) provided by financing activities | (20,880 | ) |  | — |  |  | 435 |  |  | (435 | ) |  | (20,880 | )
Net (decrease) increase in cash, cash equivalents and restricted cash | (19,306 | ) |  | (22,996 | ) |  | 129 |  |  | — |  |  | (42,173 | )
Cash, cash equivalents and restricted cash at beginning of period | 25,585 |  |  | 26,711 |  |  | 1 |  |  | — |  |  | 52,297 |
Cash, cash equivalents and restricted cash at end of period | $ | 6,279 |  |  | $ | 3,715 |  |  | $ | 130 |  |  | $ | — |  |  | $ | 10,124 |
| Nine months ended September 30, 2018
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Net cash provided by (used in) operating activities | $ | 427,351 |  |  | $ | 203,446 |  |  | $ | (1 | ) |  | $ | 1 |  |  | $ | 630,797 |
Net cash (used in) provided by investing activities | (354,848 | ) |  | (199,738 | ) |  | (2,318 | ) |  | 2,318 |  |  | (554,586 | )
Net cash (used in) provided by financing activities | (51,197 | ) |  | — |  |  | 2,319 |  |  | (2,319 | ) |  | (51,197 | )
Net increase in cash, cash equivalents and restricted cash | 21,306 |  |  | 3,708 |  |  | — |  |  | — |  |  | 25,014 |
Cash, cash equivalents and restricted cash at beginning of period | 67,908 |  |  | 31,649 |  |  | — |  |  | — |  |  | 99,557 |
Cash, cash equivalents and restricted cash at end of period | $ | 89,214 |  |  | $ | 35,357 |  |  | $ | — |  |  | $ | — |  |  | $ | 124,571 |

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