Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENT OF OPERATIONS

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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Revenues $ 712,183,000 $ 968,684,000 $ 874,172,000
Expenses:      
Operating expenses 526,290,000 669,381,000 571,672,000
Depreciation and amortization 156,194,000 145,121,000 134,053,000
Total expenses 682,484,000 814,502,000 705,725,000
Total operating gross margin 29,699,000 154,182,000 168,447,000
General and administration expense (36,190,000) (35,016,000) (68,025,000)
Provision for reduction in carrying value of certain assets (12,490,000) 0 (2,544,000)
Gain on disposition of assets, net 1,643,000 1,054,000 3,994,000
Total operating income (17,338,000) 120,220,000 101,872,000
Other income and (expense):      
Interest expense (45,155,000) (44,265,000) (47,820,000)
Interest income 269,000 195,000 2,450,000
Loss on extinguishment of debt 0 (30,152,000) (5,218,000)
Other (9,747,000) 2,539,000 1,503,000
Total other expense (54,633,000) (71,683,000) (49,085,000)
Income (loss) before income taxes (71,971,000) 48,537,000 52,787,000
Current tax expense 19,604,000 22,567,000 12,909,000
Deferred tax expense 2,709,000 1,509,000 12,699,000
Total income tax expense 22,313,000 24,076,000 25,608,000
Net income (loss) (94,284,000) 24,461,000 27,179,000
Less: Net Income attributable to noncontrolling interest 789,000 1,010,000 164,000
Net income (loss) attributable to controlling interest $ (95,073,000) $ 23,451,000 $ 27,015,000
Basic earnings (loss) per share: $ (0.78) $ 0.19 $ 0.23
Diluted earnings (loss) per share: $ (0.78) $ 0.19 $ 0.22
Number of common shares used in computing earnings per share:      
Basic 122,562,187 121,186,464 119,284,468
Diluted 122,562,187 123,076,648 121,224,550