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Condensed Consolidating Financial Statements of Company and Subsidiaries (Tables) | 9 Months Ended
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Sep. 30, 2013
Condensed Consolidating Balance Sheet | CONDENSED CONSOLIDATING BALANCE SHEET As of September 30, 2013 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 51,008 |  |  | $ | 19,086 |  |  | $ | — |  |  | $ | 70,094 |
Accounts receivable, net of allowance |  |  | 178,973 |  |  |  | 175,227 |  |  |  | (134,163 | ) |  |  | 220,037 |
Current deferred tax assets |  |  | 7 |  |  |  | 5,167 |  |  |  | — |  |  |  | 5,174 |
Prepaid expenses and other current assets |  |  | 7,357 |  |  |  | 29,596 |  |  |  | (9,519 | ) |  |  | 27,434 |
Current assets of discontinued operations |  |  | — |  |  |  | 541 |  |  |  | — |  |  |  | 541 |
Total current assets |  |  | 237,345 |  |  |  | 229,617 |  |  |  | (143,682 | ) |  |  | 323,280 |
Property and equipment, net |  |  | 2,450,227 |  |  |  | 96,677 |  |  |  | — |  |  |  | 2,546,904 |
Restricted cash |  |  | 811 |  |  |  | 5,024 |  |  |  | — |  |  |  | 5,835 |
Investment in direct financing lease |  |  | 5,994 |  |  |  | — |  |  |  | — |  |  |  | 5,994 |
Goodwill |  |  | — |  |  |  | 17,229 |  |  |  | — |  |  |  | 17,229 |
Other assets |  |  | 237,017 |  |  |  | 44,459 |  |  |  | (215,520 | ) |  |  | 65,956 |
Non-current deferred tax assets |  |  | — |  |  |  | 3,516 |  |  |  | (557 | ) |  |  | 2,959 |
Non-current assets of discontinued operations |  |  | — |  |  |  | 25 |  |  |  | — |  |  |  | 25 |
Total assets |  | $ | 2,931,394 |  |  | $ | 396,547 |  |  | $ | (359,759 | ) |  | $ | 2,968,182 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued expenses |  | $ | 237,726 |  |  | $ | 134,218 |  |  | $ | (143,648 | ) |  | $ | 228,296 |
Income taxes payable |  |  | — |  |  |  | 964 |  |  |  | — |  |  |  | 964 |
Current liabilities of discontinued operations |  |  | — |  |  |  | 1,066 |  |  |  | — |  |  |  | 1,066 |
Total current liabilities |  |  | 237,726 |  |  |  | 136,248 |  |  |  | (143,648 | ) |  |  | 230,326 |
Long-term debt |  |  | 1,185,000 |  |  |  | 115,000 |  |  |  | (115,000 | ) |  |  | 1,185,000 |
Deferred tax liabilities |  |  | 557 |  |  |  | — |  |  |  | (557 | ) |  |  | — |
Other liabilities |  |  | 1,163 |  |  |  | 44,745 |  |  |  | — |  |  |  | 45,908 |
Total liabilities |  |  | 1,424,446 |  |  |  | 295,993 |  |  |  | (259,205 | ) |  |  | 1,461,234 |
Total stockholders’ equity |  |  | 1,506,948 |  |  |  | 100,554 |  |  |  | (100,554 | ) |  |  | 1,506,948 |
Total liabilities and stockholders’ equity |  | $ | 2,931,394 |  |  | $ | 396,547 |  |  | $ | (359,759 | ) |  | $ | 2,968,182 |
CONDENSED CONSOLIDATING BALANCE SHEET As of December 31, 2012 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | — |  |  | $ | 62,804 |  |  | $ | — |  |  | $ | 62,804 |
Accounts receivable, net of allowance |  |  | 136,128 |  |  |  | 249,512 |  |  |  | (138,556 | ) |  |  | 247,084 |
Deferred tax assets |  |  | 137 |  |  |  | 7,885 |  |  |  | — |  |  |  | 8,022 |
Prepaid expenses and other current assets |  |  | 1,766 |  |  |  | 34,499 |  |  |  | (9,882 | ) |  |  | 26,383 |
Current assets of discontinued operations |  |  | — |  |  |  | 6,449 |  |  |  | — |  |  |  | 6,449 |
Total current assets |  |  | 138,031 |  |  |  | 361,149 |  |  |  | (148,438 | ) |  |  | 350,742 |
Property and equipment, net |  |  | 2,462,917 |  |  |  | 103,565 |  |  |  | — |  |  |  | 2,566,482 |
Restricted cash |  |  | — |  |  |  | 5,022 |  |  |  | — |  |  |  | 5,022 |
Investment in direct financing lease |  |  | 7,467 |  |  |  | — |  |  |  | — |  |  |  | 7,467 |
Goodwill |  |  | — |  |  |  | 11,158 |  |  |  | — |  |  |  | 11,158 |
Other assets |  |  | 191,502 |  |  |  | 114,922 |  |  |  | (275,723 | ) |  |  | 30,701 |
Non-current assets of discontinued operations |  |  | — |  |  |  | 3,170 |  |  |  | — |  |  |  | 3,170 |
Total assets |  | $ | 2,799,917 |  |  | $ | 598,986 |  |  | $ | (424,161 | ) |  | $ | 2,974,742 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued expenses |  | $ | 28,061 |  |  | $ | 284,871 |  |  | $ | (148,403 | ) |  | $ | 164,529 |
Income taxes payable |  |  | — |  |  |  | 102 |  |  |  | — |  |  |  | 102 |
Current liabilities of discontinued operations |  |  | — |  |  |  | 1,827 |  |  |  | — |  |  |  | 1,827 |
Total current liabilities |  |  | 28,061 |  |  |  | 286,800 |  |  |  | (148,403 | ) |  |  | 166,458 |
Long-term debt |  |  | 1,111,545 |  |  |  | 100,000 |  |  |  | (100,000 | ) |  |  | 1,111,545 |
Deferred tax liabilities |  |  | 138,691 |  |  |  | 835 |  |  |  | — |  |  |  | 139,526 |
Other liabilities |  |  | — |  |  |  | 35,593 |  |  |  | — |  |  |  | 35,593 |
Total liabilities |  |  | 1,278,297 |  |  |  | 423,228 |  |  |  | (248,403 | ) |  |  | 1,453,122 |
Total stockholders’ equity |  |  | 1,521,620 |  |  |  | 175,758 |  |  |  | (175,758 | ) |  |  | 1,521,620 |
Total liabilities and stockholders’ equity |  | $ | 2,799,917 |  |  | $ | 598,986 |  |  | $ | (424,161 | ) |  | $ | 2,974,742 |
Condensed Consolidating Statement of Operations | CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the three months ended September 30, 2013 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
REVENUES |  | $ | 312,837 |  |  | $ | 337,548 |  |  | $ | (228,919 | ) |  | $ | 421,466 |
EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating |  |  | 232,380 |  |  |  | 298,028 |  |  |  | (228,919 | ) |  |  | 301,489 |
General and administrative |  |  | 6,954 |  |  |  | 16,616 |  |  |  | — |  |  |  | 23,570 |
Depreciation and amortization |  |  | 19,268 |  |  |  | 8,883 |  |  |  | — |  |  |  | 28,151 |
Asset impairments |  |  | — |  |  |  | 985 |  |  |  | — |  |  |  | 985 |
|  |  | 258,602 |  |  |  | 324,512 |  |  |  | (228,919 | ) |  |  | 354,195 |
OPERATING INCOME |  |  | 54,235 |  |  |  | 13,036 |  |  |  | — |  |  |  | 67,271 |
OTHER (INCOME) EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | 8,877 |  |  |  | 1,501 |  |  |  | — |  |  |  | 10,378 |
Other (income) expense |  |  | (275 | ) |  |  | 111 |  |  |  | (20 | ) |  |  | (184 | )
|  |  | 8,602 |  |  |  | 1,612 |  |  |  | (20 | ) |  |  | 10,194 |
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES |  |  | 45,633 |  |  |  | 11,424 |  |  |  | 20 |  |  |  | 57,077 |
Income tax (expense) benefit |  |  | (217 | ) |  |  | (4,354 | ) |  |  | — |  |  |  | (4,571 | )
INCOME FROM CONTINUING OPERATIONS |  |  | 45,416 |  |  |  | 7,070 |  |  |  | 20 |  |  |  | 52,506 |
Income from equity in subsidiaries |  |  | 6,427 |  |  |  | — |  |  |  | (6,427 | ) |  |  | — |
Loss from discontinued operations, net of taxes |  |  | — |  |  |  | (663 | ) |  |  | — |  |  |  | (663 | )
NET INCOME |  | $ | 51,843 |  |  | $ | 6,407 |  |  | $ | (6,407 | ) |  | $ | 51,843 |
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the three months ended September 30, 2012 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
REVENUES |  | $ | 357,515 |  |  | $ | 82,668 |  |  | $ | (4,456 | ) |  | $ | 435,727 |
EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating |  |  | 238,115 |  |  |  | 71,932 |  |  |  | (4,456 | ) |  |  | 305,591 |
General and administrative |  |  | 17,524 |  |  |  | 4,491 |  |  |  | — |  |  |  | 22,015 |
Depreciation and amortization |  |  | 18,805 |  |  |  | 9,583 |  |  |  | — |  |  |  | 28,388 |
|  |  | 274,444 |  |  |  | 86,006 |  |  |  | (4,456 | ) |  |  | 355,994 |
OPERATING INCOME (LOSS) |  |  | 83,071 |  |  |  | (3,338 | ) |  |  | — |  |  |  | 79,733 |
OTHER (INCOME) EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | 13,426 |  |  |  | 296 |  |  |  | — |  |  |  | 13,722 |
Expenses associated with debt refinancing transactions |  |  | 168 |  |  |  | — |  |  |  | — |  |  |  | 168 |
Other income |  |  | (70 | ) |  |  | (1 | ) |  |  | (351 | ) |  |  | (422 | )
|  |  | 13,524 |  |  |  | 295 |  |  |  | (351 | ) |  |  | 13,468 |
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES |  |  | 69,547 |  |  |  | (3,633 | ) |  |  | 351 |  |  |  | 66,265 |
Income tax (expense) benefit |  |  | (24,828 | ) |  |  | 803 |  |  |  | — |  |  |  | (24,025 | )
INCOME (LOSS) FROM CONTINUING OPERATIONS |  |  | 44,719 |  |  |  | (2,830 | ) |  |  | 351 |  |  |  | 42,240 |
Loss from equity in subsidiaries |  |  | (2,380 | ) |  |  | — |  |  |  | 2,380 |  |  |  | — |
Income from discontinued operations, net of taxes |  |  | — |  |  |  | 99 |  |  |  | — |  |  |  | 99 |
NET INCOME (LOSS) |  | $ | 42,339 |  |  | $ | (2,731 | ) |  | $ | 2,731 |  |  | $ | 42,339 |
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the nine months ended September 30, 2013 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
REVENUES |  | $ | 945,213 |  |  | $ | 1,007,279 |  |  | $ | (689,298 | ) |  | $ | 1,263,194 |
EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating |  |  | 704,221 |  |  |  | 888,789 |  |  |  | (689,298 | ) |  |  | 903,712 |
General and administrative |  |  | 24,649 |  |  |  | 55,513 |  |  |  | — |  |  |  | 80,162 |
Depreciation and amortization |  |  | 56,855 |  |  |  | 26,348 |  |  |  | — |  |  |  | 83,203 |
Asset impairments |  |  | — |  |  |  | 985 |  |  |  | — |  |  |  | 985 |
|  |  | 785,725 |  |  |  | 971,635 |  |  |  | (689,298 | ) |  |  | 1,068,062 |
OPERATING INCOME |  |  | 159,488 |  |  |  | 35,644 |  |  |  | — |  |  |  | 195,132 |
OTHER (INCOME) EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | 29,593 |  |  |  | 5,263 |  |  |  | — |  |  |  | 34,856 |
Expenses associated with debt refinancing transactions |  |  | 28,563 |  |  |  | 7,965 |  |  |  | — |  |  |  | 36,528 |
Other (income) expense |  |  | 45 |  |  |  | (107 | ) |  |  | (58 | ) |  |  | (120 | )
|  |  | 58,201 |  |  |  | 13,121 |  |  |  | (58 | ) |  |  | 71,264 |
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES |  |  | 101,287 |  |  |  | 22,523 |  |  |  | 58 |  |  |  | 123,868 |
Income tax benefit (expense) |  |  | 137,981 |  |  |  | (4,728 | ) |  |  | — |  |  |  | 133,253 |
INCOME FROM CONTINUING OPERATIONS |  |  | 239,268 |  |  |  | 17,795 |  |  |  | 58 |  |  |  | 257,121 |
Income from equity in subsidiaries |  |  | 14,096 |  |  |  | — |  |  |  | (14,096 | ) |  |  | — |
Loss from discontinued operations, net of taxes |  |  | — |  |  |  | (3,757 | ) |  |  | — |  |  |  | (3,757 | )
NET INCOME |  | $ | 253,364 |  |  | $ | 14,038 |  |  | $ | (14,038 | ) |  | $ | 253,364 |
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the nine months ended September 30, 2012 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
REVENUES |  | $ | 1,063,159 |  |  | $ | 246,254 |  |  | $ | (13,433 | ) |  | $ | 1,295,980 |
EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating |  |  | 715,354 |  |  |  | 218,144 |  |  |  | (13,433 | ) |  |  | 920,065 |
General and administrative |  |  | 53,292 |  |  |  | 13,658 |  |  |  | — |  |  |  | 66,950 |
Depreciation and amortization |  |  | 55,515 |  |  |  | 29,141 |  |  |  | — |  |  |  | 84,656 |
|  |  | 824,161 |  |  |  | 260,943 |  |  |  | (13,433 | ) |  |  | 1,071,671 |
OPERATING INCOME (LOSS) |  |  | 238,998 |  |  |  | (14,689 | ) |  |  | — |  |  |  | 224,309 |
OTHER (INCOME) EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | 44,453 |  |  |  | 888 |  |  |  | — |  |  |  | 45,341 |
Expenses associated with debt refinancing transactions |  |  | 1,996 |  |  |  | — |  |  |  | — |  |  |  | 1,996 |
Other income |  |  | (22 | ) |  |  | (36 | ) |  |  | (312 | ) |  |  | (370 | )
|  |  | 46,427 |  |  |  | 852 |  |  |  | (312 | ) |  |  | 46,967 |
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES |  |  | 192,571 |  |  |  | (15,541 | ) |  |  | 312 |  |  |  | 177,342 |
Income tax (expense) benefit |  |  | (68,748 | ) |  |  | 3,114 |  |  |  | — |  |  |  | (65,634 | )
INCOME (LOSS) FROM CONTINUING OPERATIONS |  |  | 123,823 |  |  |  | (12,427 | ) |  |  | 312 |  |  |  | 111,708 |
Loss from equity in subsidiaries |  |  | (12,470 | ) |  |  | — |  |  |  | 12,470 |  |  |  | — |
Loss from discontinued operations, net of taxes |  |  | — |  |  |  | (355 | ) |  |  | — |  |  |  | (355 | )
NET INCOME (LOSS) |  | $ | 111,353 |  |  | $ | (12,782 | ) |  | $ | 12,782 |  |  | $ | 111,353 |
Condensed Consolidating Statement of Cash Flows | CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2013 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments And Other |  |  | Total Consolidated Amounts |
Net cash provided by operating activities |  | $ | 165,603 |  |  | $ | 118,001 |  |  | $ | — |  |  | $ | 283,604 |
Net cash used in investing activities |  |  | (52,887 | ) |  |  | (44,681 | ) |  |  | 15,000 |  |  |  | (82,568 | )
Net cash used in financing activities |  |  | (61,708 | ) |  |  | (117,002 | ) |  |  | (15,000 | ) |  |  | (193,710 | )
Net Increase (Decrease) in Cash and Cash Equivalents |  |  | 51,008 |  |  |  | (43,682 | ) |  |  | — |  |  |  | 7,326 |
CASH AND CASH EQUIVALENTS, beginning of period |  |  | — |  |  |  | 62,897 |  |  |  | — |  |  |  | 62,897 |
CASH AND CASH EQUIVALENTS, end of period |  | $ | 51,008 |  |  | $ | 19,215 |  |  | $ |  |  |  | $ | 70,223 |
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2012 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments And Other |  |  | Total Consolidated Amounts |
Net cash provided by operating activities |  | $ | 202,674 |  |  | $ | 20,377 |  |  | $ | — |  |  | $ | 223,051 |
Net cash used in investing activities |  |  | (35,307 | ) |  |  | (26,993 | ) |  |  | — |  |  |  | (62,300 | )
Net cash used in financing activities |  |  | (167,367 | ) |  |  | 10,026 |  |  |  | — |  |  |  | (157,341 | )
Net Increase in Cash and Cash Equivalents |  |  | — |  |  |  | 3,410 |  |  |  | — |  |  |  | 3,410 |
CASH AND CASH EQUIVALENTS, beginning of period |  |  | — |  |  |  | 55,832 |  |  |  | — |  |  |  | 55,832 |
CASH AND CASH EQUIVALENTS, end of period |  | $ | — |  |  | $ | 59,242 |  |  | $ | — |  |  | $ | 59,242 |

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