Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Operations

v2.4.0.6
Consolidated Statement of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Consolidated Statement of Operations [Abstract]      
Revenues $ 686,646 $ 659,475 $ 752,910
Expenses:      
Operating expenses 418,144 471,278 555,390
Depreciation and amortization 112,136 115,030 113,975
Total expenses 530,280 586,308 669,365
Total operating gross margin 156,366 73,167 83,545
General and administration expense (31,314) (30,728) (45,483)
Impairments and other charges (170,000)    
Provision for reduction in carrying value of certain assets (1,350) (1,952) (4,646)
Gain on disposition of assets, net 3,659 4,620 5,906
Total operating income (loss) (42,639) 45,107 39,322
Other income and (expense):      
Interest expense (22,594) (26,805) (29,450)
Interest income 256 257 1,041
Loss on extinguishment of debt   (7,209)  
Change in fair value of derivative positions (110)    
Other (325) 155 (1,086)
Total other expense (22,773) (33,602) (29,495)
Income (loss) before income taxes (65,412) 11,505 9,827
Income tax expense (benefit):      
Current tax expense 33,608 27,521 15,424
Deferred tax benefit (48,375) (1,308) (14,864)
Total income tax expense (benefit) (14,767) 26,213 560
Net income (loss) (50,645) (14,708) 9,267
Less: Net (loss) attributable to noncontrolling interest (194) (247)  
Net income (loss) attributable to controlling interest $ (50,451) $ (14,461) $ 9,267
Basic earnings per share: $ (0.43) $ (0.13) $ 0.08
Diluted earnings per share: $ (0.43) $ (0.13) $ 0.08
Number of common shares used in computing earnings per share:      
Basic 116,081,590 114,258,965 113,000,555
Diluted 116,081,590 114,258,965 114,925,446