XML 61 R44.htm IDEA: XBRL DOCUMENT
v3.3.1.900

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF CCA AND SUBSIDIARIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
CONDENSED CONSOLIDATING BALANCE SHEET | CONDENSED CONSOLIDATING BALANCE SHEET As of December 31, 2015 (in thousands)
ASSETS |  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
Cash and cash equivalents |  | $ | 15,666 |  |  | $ | 49,625 |  |  | $ | — |  |  | $ | 65,291 |
Restricted cash |  |  | 637 |  |  |  | 240 |  |  |  | — |  |  |  | 877 |
Accounts receivable, net of allowance |  |  | 300,632 |  |  |  | 159,286 |  |  |  | (225,462 | ) |  |  | 234,456 |
Prepaid expenses and other current assets |  |  | 3,760 |  |  |  | 43,706 |  |  |  | (6,032 | ) |  |  | 41,434 |
Total current assets |  |  | 320,695 |  |  |  | 252,857 |  |  |  | (231,494 | ) |  |  | 342,058 |
Property and equipment, net |  |  | 2,526,278 |  |  |  | 356,782 |  |  |  | — |  |  |  | 2,883,060 |
Restricted cash |  |  | 131 |  |  |  | — |  |  |  | — |  |  |  | 131 |
Investment in direct financing lease |  |  | 684 |  |  |  | — |  |  |  | — |  |  |  | 684 |
Goodwill |  |  | 20,402 |  |  |  | 15,155 |  |  |  | — |  |  |  | 35,557 |
Non-current deferred tax assets |  |  | — |  |  |  | 10,217 |  |  |  | (393 | ) |  |  | 9,824 |
Other assets |  |  | 241,510 |  |  |  | 57,120 |  |  |  | (213,926 | ) |  |  | 84,704 |
Total assets |  | $ | 3,109,700 |  |  | $ | 692,131 |  |  | $ | (445,813 | ) |  | $ | 3,356,018 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued expenses |  | $ | 191,600 |  |  | $ | 357,569 |  |  | $ | (231,494 | ) |  | $ | 317,675 |
Income taxes payable |  |  | — |  |  |  | 1,920 |  |  |  | — |  |  |  | 1,920 |
Current portion of long-term debt |  |  | 5,000 |  |  |  | — |  |  |  | — |  |  |  | 5,000 |
Total current liabilities |  |  | 196,600 |  |  |  | 359,489 |  |  |  | (231,494 | ) |  |  | 324,595 |
Long-term debt, net of current portion |  |  | 1,448,316 |  |  |  | 113,761 |  |  |  | (115,000 | ) |  |  | 1,447,077 |
Non-current deferred tax liabilities |  |  | 393 |  |  |  | — |  |  |  | (393 | ) |  |  | — |
Deferred revenue |  |  | — |  |  |  | 63,289 |  |  |  | — |  |  |  | 63,289 |
Other liabilities |  |  | 1,643 |  |  |  | 56,666 |  |  |  | — |  |  |  | 58,309 |
Total liabilities |  |  | 1,646,952 |  |  |  | 593,205 |  |  |  | (346,887 | ) |  |  | 1,893,270 |
Total stockholders’ equity |  |  | 1,462,748 |  |  |  | 98,926 |  |  |  | (98,926 | ) |  |  | 1,462,748 |
Total liabilities and stockholders’ equity |  | $ | 3,109,700 |  |  | $ | 692,131 |  |  | $ | (445,813 | ) |  | $ | 3,356,018 |
CONDENSED CONSOLIDATING BALANCE SHEET As of December 31, 2014 (in thousands)
ASSETS |  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
Cash and cash equivalents |  | $ | 12,337 |  |  | $ | 62,056 |  |  | $ | — |  |  | $ | 74,393 |
Accounts receivable, net of allowance |  |  | 167,626 |  |  |  | 178,911 |  |  |  | (97,949 | ) |  |  | 248,588 |
Prepaid expenses and other current assets |  |  | 17,060 |  |  |  | 34,705 |  |  |  | (21,990 | ) |  |  | 29,775 |
Total current assets |  |  | 197,023 |  |  |  | 275,672 |  |  |  | (119,939 | ) |  |  | 352,756 |
Property and equipment, net |  |  | 2,459,053 |  |  |  | 199,575 |  |  |  | — |  |  |  | 2,658,628 |
Restricted cash |  |  | 1,267 |  |  |  | 1,591 |  |  |  | — |  |  |  | 2,858 |
Investment in direct financing lease |  |  | 3,223 |  |  |  | — |  |  |  | — |  |  |  | 3,223 |
Goodwill |  |  | — |  |  |  | 16,110 |  |  |  | — |  |  |  | 16,110 |
Non-current deferred tax assets |  |  | — |  |  |  | 16,019 |  |  |  | (489 | ) |  |  | 15,530 |
Other assets |  |  | 233,607 |  |  |  | 45,584 |  |  |  | (210,650 | ) |  |  | 68,541 |
Total assets |  | $ | 2,894,173 |  |  | $ | 554,551 |  |  | $ | (331,078 | ) |  | $ | 3,117,646 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued expenses |  | $ | 218,403 |  |  | $ | 205,213 |  |  | $ | (106,050 | ) |  | $ | 317,566 |
Income taxes payable |  |  | 195 |  |  |  | 1,173 |  |  |  | — |  |  |  | 1,368 |
Note payable to an affiliate |  |  | — |  |  |  | 13,854 |  |  |  | (13,854 | ) |  |  | — |
Current liabilities of discontinued operations |  |  | — |  |  |  | 54 |  |  |  | — |  |  |  | 54 |
Total current liabilities |  |  | 218,598 |  |  |  | 220,294 |  |  |  | (119,904 | ) |  |  | 318,988 |
Long-term debt |  |  | 1,191,917 |  |  |  | 113,538 |  |  |  | (115,000 | ) |  |  | 1,190,455 |
Non-current deferred tax liabilities |  |  | 490 |  |  |  | — |  |  |  | (490 | ) |  |  | — |
Deferred revenue |  |  | — |  |  |  | 87,227 |  |  |  | — |  |  |  | 87,227 |
Other liabilities |  |  | 1,668 |  |  |  | 37,808 |  |  |  | — |  |  |  | 39,476 |
Total liabilities |  |  | 1,412,673 |  |  |  | 458,867 |  |  |  | (235,394 | ) |  |  | 1,636,146 |
Total stockholders’ equity |  |  | 1,481,500 |  |  |  | 95,684 |  |  |  | (95,684 | ) |  |  | 1,481,500 |
Total liabilities and stockholders’ equity |  | $ | 2,894,173 |  |  | $ | 554,551 |  |  | $ | (331,078 | ) |  | $ | 3,117,646 |
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS | CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the year ended December 31, 2015 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
REVENUES |  | $ | 1,184,878 |  |  | $ | 1,469,105 |  |  | $ | (860,896 | ) |  | $ | 1,793,087 |
EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating |  |  | 889,203 |  |  |  | 1,227,821 |  |  |  | (860,896 | ) |  |  | 1,256,128 |
General and administrative |  |  | 33,248 |  |  |  | 70,688 |  |  |  | — |  |  |  | 103,936 |
Depreciation and amortization |  |  | 82,745 |  |  |  | 68,769 |  |  |  | — |  |  |  | 151,514 |
Asset impairments |  |  | — |  |  |  | 955 |  |  |  | — |  |  |  | 955 |
|  |  | 1,005,196 |  |  |  | 1,368,233 |  |  |  | (860,896 | ) |  |  | 1,512,533 |
OPERATING INCOME |  |  | 179,682 |  |  |  | 100,872 |  |  |  | — |  |  |  | 280,554 |
OTHER (INCOME) EXPENSE: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | 35,919 |  |  |  | 13,777 |  |  |  | — |  |  |  | 49,696 |
Expenses associated with debt refinancing transactions |  |  | 701 |  |  |  | — |  |  |  | — |  |  |  | 701 |
Other (income) expense |  |  | 232 |  |  |  | (414 | ) |  |  | 124 |  |  |  | (58 | )
|  |  | 36,852 |  |  |  | 13,363 |  |  |  | 124 |  |  |  | 50,339 |
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES |  |  | 142,830 |  |  |  | 87,509 |  |  |  | (124 | ) |  |  | 230,215 |
Income tax expense |  |  | (1,541 | ) |  |  | (6,820 | ) |  |  | — |  |  |  | (8,361 | )
INCOME FROM CONTINUING OPERATIONS |  |  | 141,289 |  |  |  | 80,689 |  |  |  | (124 | ) |  |  | 221,854 |
Income from equity in subsidiaries |  |  | 80,565 |  |  |  | — |  |  |  | (80,565 | ) |  |  | — |
NET INCOME |  | $ | 221,854 |  |  | $ | 80,689 |  |  | $ | (80,689 | ) |  | $ | 221,854 |
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS For the year ended December 31, 2014 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments and Other |  |  | Total Consolidated Amounts |
REVENUES |  | $ | 1,250,199 |  |  | $ | 1,268,654 |  |  | $ | (871,986 | ) |  | $ | 1,646,867 |
EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating |  |  | 896,470 |  |  |  | 1,131,651 |  |  |  | (871,986 | ) |  |  | 1,156,135 |
General and administrative |  |  | 33,508 |  |  |  | 72,921 |  |  |  | — |  |  |  | 106,429 |
Depreciation and amortization |  |  | 80,820 |  |  |  | 33,105 |  |  |  | — |  |  |  | 113,925 |
Asset impairments |  |  | 29,915 |  |  |  | 167 |  |  |  | — |  |  |  | 30,082 |
|  |  | 1,040,713 |  |  |  | 1,237,844 |  |  |  | (871,986 | ) |  |  | 1,406,571 |
OPERATING INCOME |  |  | 209,486 |  |  |  | 30,810 |  |  |  | — |  |  |  | 240,296 |
OTHER (INCOME) EXPENSE: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | 35,138 |  |  |  | 4,397 |  |  |  | — |  |  |  | 39,535 |
Other (income) expense |  |  | 302 |  |  |  | (786 | ) |  |  | (720 | ) |  |  | (1,204 | )
|  |  | 35,440 |  |  |  | 3,611 |  |  |  | (720 | ) |  |  | 38,331 |
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES |  |  | 174,046 |  |  |  | 27,199 |  |  |  | 720 |  |  |  | 201,965 |
Income tax expense |  |  | (552 | ) |  |  | (6,391 | ) |  |  | — |  |  |  | (6,943 | )
INCOME FROM CONTINUING OPERATIONS |  |  | 173,494 |  |  |  | 20,808 |  |  |  | 720 |  |  |  | 195,022 |
Income from equity in subsidiaries |  |  | 21,528 |  |  |  | — |  |  |  | (21,528 | ) |  |  | — |
NET INCOME |  | $ | 195,022 |  |  | $ | 20,808 |  |  | $ | (20,808 | ) |  | $ | 195,022 |
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 OPERATIONS BEFORE INCOME TAXES |  |  | 148,774 |  |  |  | 20,745 |  |  |  | 78 |  |  |  | 169,597 |
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 CASH FLOWS | CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the year ended December 31, 2015 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments And Other |  |  | Total Consolidated Amounts |
Net cash provided by operating activities |  | $ | 102,371 |  |  | $ | 297,427 |  |  | $ | — |  |  | $ | 399,798 |
Net cash used in investing activities |  |  | (93,891 | ) |  |  | (212,215 | ) |  |  | (103,175 | ) |  |  | (409,281 | )
Net cash provided by (used in) financing activities |  |  | (5,151 | ) |  |  | (97,643 | ) |  |  | 103,175 |  |  |  | 381 |
Net (decrease) increase in cash and cash equivalents |  |  | 3,329 |  |  |  | (12,431 | ) |  |  | — |  |  |  | (9,102 | )
CASH AND CASH EQUIVALENTS, beginning of year |  |  | 12,337 |  |  |  | 62,056 |  |  |  | — |  |  |  | 74,393 |
CASH AND CASH EQUIVALENTS, end of year |  | $ | 15,666 |  |  | $ | 49,625 |  |  | $ | — |  |  | $ | 65,291 |
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the year ended December 31, 2014 (in thousands)
|  | Parent |  |  | Combined Subsidiary Guarantors |  |  | Consolidating Adjustments And Other |  |  | Total Consolidated Amounts |
Net cash provided by operating activities |  | $ | 296,087 |  |  | $ | 127,494 |  |  | $ | — |  |  | $ | 423,581 |
Net cash used in investing activities |  |  | (73,404 | ) |  |  | (102,337 | ) |  |  | (21,146 | ) |  |  | (196,887 | )
Net cash used in financing activities |  |  | (241,993 | ) |  |  | (9,373 | ) |  |  | 21,146 |  |  |  | (230,220 | )
Net (decrease) increase in cash and cash equivalents |  |  | (19,310 | ) |  |  | 15,784 |  |  |  | — |  |  |  | (3,526 | )
CASH AND CASH EQUIVALENTS, beginning of year |  |  | 31,647 |  |  |  | 46,272 |  |  |  | — |  |  |  | 77,919 |
CASH AND CASH EQUIVALENTS, end of year |  | $ | 12,337 |  |  | $ | 62,056 |  |  | $ | — |  |  | $ | 74,393 |
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 |

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration