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CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF CCA AND SUBSIDIARIES (Tables) | 12 Months Ended
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Dec. 31, 2013
CONDENSED CONSOLIDATING BALANCE SHEET | CONDENSED CONSOLIDATING BALANCE SHEET As of December 31, 2013 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 31,647 |  |  | $ | 46,262 |  |  | $ | — |  |  | $ | 77,909 |
Accounts receivable, net of allowance |  |  | 203,018 |  |  |  | 178,894 |  |  |  | (136,955 | ) |  |  | 244,957 |
Current deferred tax assets |  |  | 2 |  |  |  | 9,239 |  |  |  | — |  |  |  | 9,241 |
Prepaid expenses and other current assets |  |  | 7,580 |  |  |  | 22,856 |  |  |  | (9,824 | ) |  |  | 20,612 |
Current assets of discontinued operations |  |  | — |  |  |  | 15 |  |  |  | — |  |  |  | 15 |
Total current assets |  |  | 242,247 |  |  |  | 257,266 |  |  |  | (146,779 | ) |  |  | 352,734 |
Property and equipment, net |  |  | 2,450,028 |  |  |  | 96,585 |  |  |  | — |  |  |  | 2,546,613 |
Restricted cash |  |  | 1,016 |  |  |  | 4,573 |  |  |  | — |  |  |  | 5,589 |
Investment in direct financing lease |  |  | 5,473 |  |  |  | — |  |  |  | — |  |  |  | 5,473 |
Goodwill |  |  | — |  |  |  | 16,110 |  |  |  | — |  |  |  | 16,110 |
Non-current deferred tax assets |  |  | — |  |  |  | 3,633 |  |  |  | (555 | ) |  |  | 3,078 |
Other assets |  |  | 245,028 |  |  |  | 45,149 |  |  |  | (212,349 | ) |  |  | 77,828 |
Total assets |  | $ | 2,943,792 |  |  | $ | 423,316 |  |  | $ | (359,683 | ) |  | $ | 3,007,425 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued expenses |  | $ | 234,277 |  |  | $ | 164,745 |  |  | $ | (146,745 | ) |  | $ | 252,277 |
Income taxes payable |  |  | — |  |  |  | 1,243 |  |  |  | — |  |  |  | 1,243 |
Current liabilities of discontinued operations |  |  | — |  |  |  | 886 |  |  |  | — |  |  |  | 886 |
Total current liabilities |  |  | 234,277 |  |  |  | 166,874 |  |  |  | (146,745 | ) |  |  | 254,406 |
Long-term debt |  |  | 1,205,000 |  |  |  | 115,000 |  |  |  | (115,000 | ) |  |  | 1,205,000 |
Deferred tax liabilities |  |  | 555 |  |  |  | — |  |  |  | (555 | ) |  |  | — |
Other liabilities |  |  | 1,453 |  |  |  | 44,059 |  |  |  | — |  |  |  | 45,512 |
Total liabilities |  |  | 1,441,285 |  |  |  | 325,933 |  |  |  | (262,300 | ) |  |  | 1,504,918 |
Total stockholders’ equity |  |  | 1,502,507 |  |  |  | 97,383 |  |  |  | (97,383 | ) |  |  | 1,502,507 |
Total liabilities and stockholders’ equity |  | $ | 2,943,792 |  |  | $ | 423,316 |  |  | $ | (359,683 | ) |  | $ | 3,007,425 |
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 |
Current 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 year ended December 31, 2013 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
REVENUES |  | $ | 1,268,763 |  |  | $ | 1,351,695 |  |  | $ | (926,161 | ) |  | $ | 1,694,297 |
EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating |  |  | 945,750 |  |  |  | 1,200,762 |  |  |  | (926,161 | ) |  |  | 1,220,351 |
General and administrative |  |  | 31,290 |  |  |  | 72,300 |  |  |  | — |  |  |  | 103,590 |
Depreciation and amortization |  |  | 76,112 |  |  |  | 36,580 |  |  |  | — |  |  |  | 112,692 |
Asset impairments |  |  | — |  |  |  | 6,513 |  |  |  | — |  |  |  | 6,513 |
|  |  | 1,053,152 |  |  |  | 1,316,155 |  |  |  | (926,161 | ) |  |  | 1,443,146 |
OPERATING INCOME |  |  | 215,611 |  |  |  | 35,540 |  |  |  | — |  |  |  | 251,151 |
OTHER (INCOME) EXPENSE: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | 38,319 |  |  |  | 6,807 |  |  |  | — |  |  |  | 45,126 |
Expenses associated with debt refinancing transactions |  |  | 28,563 |  |  |  | 7,965 |  |  |  | — |  |  |  | 36,528 |
Other (income) expense |  |  | (45 | ) |  |  | 23 |  |  |  | (78 | ) |  |  | (100 | )
|  |  | 66,837 |  |  |  | 14,795 |  |  |  | (78 | ) |  |  | 81,554 |
INCOME FROM CONTINUING |  |  | 148,774 |  |  |  | 20,745 |  |  |  | 78 |  |  |  | 169,597 |
OPERATIONS BEFORE INCOME TAXES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income tax benefit (expense) |  |  | 143,590 |  |  |  | (8,595 | ) |  |  | — |  |  |  | 134,995 |
INCOME FROM CONTINUING OPERATIONS |  |  | 292,364 |  |  |  | 12,150 |  |  |  | 78 |  |  |  | 304,592 |
Income from equity in subsidiaries |  |  | 8,471 |  |  |  | — |  |  |  | (8,471 | ) |  |  | — |
Loss from discontinued operations, net of taxes |  |  | — |  |  |  | (3,757 | ) |  |  | — |  |  |  | (3,757 | )
NET INCOME |  | $ | 300,835 |  |  | $ | 8,393 |  |  | $ | (8,393 | ) |  | $ | 300,835 |
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the year ended December 31, 2012 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
REVENUES |  | $ | 1,411,277 |  |  | $ | 329,971 |  |  | $ | (17,591 | ) |  | $ | 1,723,657 |
EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating |  |  | 943,803 |  |  |  | 290,839 |  |  |  | (17,591 | ) |  |  | 1,217,051 |
General and administrative |  |  | 70,792 |  |  |  | 18,143 |  |  |  | — |  |  |  | 88,935 |
Depreciation and amortization |  |  | 74,452 |  |  |  | 38,611 |  |  |  | — |  |  |  | 113,063 |
|  |  | 1,089,047 |  |  |  | 347,593 |  |  |  | (17,591 | ) |  |  | 1,419,049 |
OPERATING INCOME (LOSS) |  |  | 322,230 |  |  |  | (17,622 | ) |  |  | — |  |  |  | 304,608 |
OTHER (INCOME) EXPENSE: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | 57,174 |  |  |  | 1,189 |  |  |  | — |  |  |  | 58,363 |
Expenses associated with debt refinancing transactions |  |  | 2,099 |  |  |  | — |  |  |  | — |  |  |  | 2,099 |
Other (income) expense |  |  | 16 |  |  |  | (26 | ) |  |  | (323 | ) |  |  | (333 | )
|  |  | 59,289 |  |  |  | 1,163 |  |  |  | (323 | ) |  |  | 60,129 |
INCOME (LOSS) FROM CONTINUING |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
OPERATIONS BEFORE INCOME TAXES |  |  | 262,941 |  |  |  | (18,785 | ) |  |  | 323 |  |  |  | 244,479 |
Income tax benefit (expense) |  |  | (93,870 | ) |  |  | 6,357 |  |  |  | — |  |  |  | (87,513 | )
INCOME (LOSS) FROM CONTINUING OPERATIONS |  |  | 169,071 |  |  |  | (12,428 | ) |  |  | 323 |  |  |  | 156,966 |
Loss from equity in subsidiaries |  |  | (12,310 | ) |  |  | — |  |  |  | 12,310 |  |  |  | — |
Loss from discontinued operations, net of taxes |  |  | — |  |  |  | (205 | ) |  |  | — |  |  |  | (205 | )
NET INCOME (LOSS) |  | $ | 156,761 |  |  | $ | (12,633 | ) |  | $ | 12,633 |  |  | $ | 156,761 |
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS | CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the year ended December 31, 2013 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments And Other |  |  | Total Consolidated Amounts |
Net cash provided by operating activities |  | $ | 211,247 |  |  | $ | 158,257 |  |  | $ | — |  |  | $ | 369,504 |
Net cash used in investing activities |  |  | (83,895 | ) |  |  | (56,617 | ) |  |  | 15,000 |  |  |  | (125,512 | )
Net cash used in financing activities |  |  | (95,705 | ) |  |  | (118,265 | ) |  |  | (15,000 | ) |  |  | (228,970 | )
Net increase (decrease) in cash and cash equivalents |  |  | 31,647 |  |  |  | (16,625 | ) |  |  | — |  |  |  | 15,022 |
CASH AND CASH EQUIVALENTS, beginning of year |  |  | — |  |  |  | 62,897 |  |  |  | — |  |  |  | 62,897 |
CASH AND CASH EQUIVALENTS, end of year |  | $ | 31,647 |  |  | $ | 46,272 |  |  | $ | — |  |  | $ | 77,919 |
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the year ended December 31, 2012 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments And Other |  |  | Total Consolidated Amounts |
Net cash provided by operating activities |  | $ | 260,602 |  |  | $ | 22,654 |  |  | $ | — |  |  | $ | 283,256 |
Net cash used in investing activities |  |  | (42,378 | ) |  |  | (37,542 | ) |  |  | — |  |  |  | (79,920 | )
Net cash used in financing activities |  |  | (218,224 | ) |  |  | 21,953 |  |  |  | — |  |  |  | (196,271 | )
Net increase in cash and cash equivalents |  |  | — |  |  |  | 7,065 |  |  |  | — |  |  |  | 7,065 |
CASH AND CASH EQUIVALENTS, beginning of year |  |  | — |  |  |  | 55,832 |  |  |  | — |  |  |  | 55,832 |
CASH AND CASH EQUIVALENTS, end of year |  | $ | — |  |  | $ | 62,897 |  |  | $ | — |  |  | $ | 62,897 |

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