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v3.3.1.900

Consolidated Statements of Changes in Shareholders' Equity (Deficit) - USD ($) $ in Thousands | Preferred Stock | Common Stock | Treasury Stock | Additional Paid-in Capital | Retained (Deficit) Earnings | Accumulated Other Comprehensive (Loss) Income | Total
--- | --- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2012 |  | $ 774 |  | $ 1,451,960 | $ 785,834 | $ 3,022 | $ 2,241,590
Balance (in shares) at Dec. 31, 2012 | 12,275 | 77,446,601 |  |  |  |  |
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |
Repurchase of Preferred Stock |  |  |  | (649,518) |  |  | (649,518)
Repurchase of Preferred Stock (in shares) | (6,498) |  |  |  |  |  |
Exchange Series B Preferred Stock for Series C Preferred Stock | 2,847 |  |  |  |  |  |
Share-based compensation arrangements, net of tax benefits of $10,771 , $10,360 and $14,826 for the year ended 2013, 2014 and 2015 respectively |  | $ 25 |  | 85,090 |  |  | 85,115
Share-based compensation arrangements (in shares) |  | 2,509,185 |  |  |  |  |
Impact of stock exchange with Company's former CEO and related family trust (See Note 2) |  |  | $ (28,414) | 37,803 | 1,306 |  | 10,695
Impact of stock exchange with Company's former CEO and related family trust (See Note 2) (in shares) |  | (2,167,393) |  |  |  |  |
Impact of Spin-Off and financing obligation to Gaming and Leisure Properties, Inc. (See Note 2) |  |  |  |  | (1,654,843) |  | (1,654,843)
Change in fair value of corporate debt securities |  |  |  |  |  | (1,394) | (1,394)
Foreign currency translation adjustment |  |  |  |  |  | (1,245) | (1,245)
Net income (loss) |  |  |  |  | (581,252) |  | (581,252)
Balance at Dec. 31, 2013 |  | $ 799 | (28,414) | 925,335 | (1,448,955) | 383 | (550,852)
Balance (in shares) at Dec. 31, 2013 | 8,624 | 77,788,393 |  |  |  |  |
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |
Share-based compensation arrangements, net of tax benefits of $10,771 , $10,360 and $14,826 for the year ended 2013, 2014 and 2015 respectively |  | $ 14 |  | 30,811 |  |  | 30,825
Share-based compensation arrangements (in shares) |  | 1,373,424 |  |  |  |  |
Impact of Spin-Off and financing obligation to Gaming and Leisure Properties, Inc. (See Note 2) |  |  |  |  | (2,500) |  | (2,500)
Foreign currency translation adjustment |  |  |  |  |  | (1,665) | (1,665)
Net income (loss) |  |  |  |  | (183,822) |  | (183,822)
Balance at Dec. 31, 2014 |  | $ 813 | (28,414) | 956,146 | (1,635,277) | (1,282) | (708,014)
Balance (in shares) at Dec. 31, 2014 | 8,624 | 79,161,817 |  |  |  |  |
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |
Share-based compensation arrangements, net of tax benefits of $10,771 , $10,360 and $14,826 for the year ended 2013, 2014 and 2015 respectively |  | $ 17 |  | 32,540 |  |  | 32,557
Share-based compensation arrangements (in shares) |  | 1,727,458 |  |  |  |  |
Foreign currency translation adjustment |  |  |  |  |  | (3,272) | (3,272)
Net income (loss) |  |  |  |  | 686 |  | 686
Balance at Dec. 31, 2015 |  | $ 830 | $ (28,414) | $ 988,686 | $ (1,634,591) | $ (4,554) | $ (678,043)
Balance (in shares) at Dec. 31, 2015 | 8,624 | 80,889,275 |  |  |  |  |

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