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, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues $ 677,982 $ 686,646 $ 659,475
Expenses:      
Operating expenses 414,064 418,144 471,278
Depreciation and amortization 113,017 112,136 115,030
Total expenses 527,081 530,280 586,308
Total operating gross margin 150,901 156,366 73,167
General and administration expense (46,052) (31,314) (30,728)
Impairments and other charges   (170,000)  
Provision for reduction in carrying value of certain assets 0 (1,350) (1,952)
Gain on disposition of assets, net 1,974 3,659 4,620
Total operating income (loss) 106,823 (42,639) 45,107
Other income and (expense):      
Interest expense (33,542) (22,594) (26,805)
Interest income 153 256 257
Loss on extinguishment of debt (2,130)   (7,209)
Change in fair value of derivative positions 55 (110)  
Other (382) (325) 155
Total other expense (35,846) (22,773) (33,602)
Income (loss) before income taxes 70,977 (65,412) 11,505
Income tax expense (benefit):      
Current tax expense 18,042 33,608 27,521
Deferred tax expense (benefit) 15,837 (48,375) (1,308)
Total income tax expense (benefit) 33,879 (14,767) 26,213
Net income (loss) 37,098 (50,645) (14,708)
Less: Net (loss) attributable to noncontrolling interest (215) (194) (247)
Net income (loss) attributable to controlling interest $ 37,313 $ (50,451) $ (14,461)
Basic earnings per share: $ 0.32 $ (0.43) $ (0.13)
Diluted earnings per share: $ 0.31 $ (0.43) $ (0.13)
Number of common shares used in computing earnings per share:      
Basic 117,721,135 116,081,590 114,258,965
Diluted 119,093,590 116,081,590 114,258,965