|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Available to Common Stockholders, Basic
|
|
$59.5m
|
$134.1m
|
$395.1m
|
$157.3m
|
$224.4m
|
$265.9m
|
$213.9m
|
$179.7m
|
$23.4m
|
$271.2m
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
—
|
$134.3m
|
$406.3m
|
$191.0m
|
$293.8m
|
$368.8m
|
$220.3m
|
$179.7m
|
$23.4m
|
$271.2m
|
|
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
|
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Net Income (Loss) Attributable to Noncontrolling Interest
|
|
—
|
$129k
|
$11.3m
|
$33.7m
|
$69.4m
|
$103.0m
|
$6.3m
|
$0
|
$0
|
—
|
|
Depreciation, Depletion and Amortization
|
|
$14.0m
|
$14.0m
|
$13.9m
|
$13.9m
|
$13.8m
|
$13.8m
|
—
|
—
|
—
|
—
|
|
Depreciation
|
|
$100k
|
$200k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Amortization of Debt Issuance Costs and Discounts
|
|
$2.8m
|
$5.1m
|
$7.7m
|
$7.8m
|
$8.4m
|
$9.1m
|
$2.1m
|
$2.1m
|
$2.1m
|
$1.9m
|
|
Amortization of Intangible Assets
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$5.6m
|
$21.8m
|
$25.9m
|
$26.3m
|
|
Deferred Income Tax Expense (Benefit)
|
|
—
|
—
|
($196.1m)
|
$41.9m
|
$60.4m
|
$76.4m
|
$25.0m
|
$4.4m
|
($12.6m)
|
$43.8m
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$8.3m
|
$9.8m
|
$3.2m
|
$2.1m
|
$1.7m
|
$2.0m
|
$7.3m
|
$5.8m
|
$6.4m
|
$9.5m
|
|
Payment, Tax Withholding, Share-based Payment Arrangement
|
|
$1.1m
|
$2.1m
|
$3.1m
|
$89k
|
$92k
|
$60k
|
$82k
|
$77k
|
$142k
|
$143k
|
|
Share-based Payment Arrangement, Expense
|
|
$8.3m
|
$9.8m
|
$3.2m
|
$2.1m
|
$1.7m
|
$2.0m
|
$7.3m
|
$5.8m
|
$6.4m
|
$9.5m
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$0
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
—
|
$0
|
$0
|
($104k)
|
$0
|
$0
|
$0
|
$0
|
$101k
|
$12k
|
|
Gain (Loss) on Extinguishment of Debt
|
|
($2.3m)
|
($7.3m)
|
($5.7m)
|
($216k)
|
$0
|
$0
|
($20.7m)
|
$0
|
$0
|
—
|
|
Income (Loss) from Equity Method Investments
|
|
—
|
—
|
—
|
—
|
($49.5m)
|
($84.4m)
|
($161.7m)
|
$77.4m
|
($64.3m)
|
$141.4m
|
|
Income Tax Expense (Benefit)
|
|
—
|
$4k
|
($196.1m)
|
$41.9m
|
$60.4m
|
$76.4m
|
$66.7m
|
$14.4m
|
$14.0m
|
$55.7m
|
|
Operating Lease, Expense
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$1.6m
|
—
|
—
|
—
|
|
Other Nonoperating Income (Expense)
|
|
$2.4m
|
($7.0m)
|
($5.7m)
|
($345k)
|
($348k)
|
($3.6m)
|
($3.4m)
|
($5.0m)
|
($3.0m)
|
($2.9m)
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
$0
|
—
|
—
|
—
|
—
|
—
|
$3.5m
|
$5.1m
|
$5.9m
|
$14.6m
|
|
Increase (Decrease) in Inventories
|
|
$0
|
—
|
—
|
—
|
—
|
—
|
($280k)
|
$12.0m
|
$6.8m
|
$12.9m
|
|
Increase (Decrease) in Accounts Payable
|
|
($690k)
|
$473k
|
($590k)
|
($1k)
|
$56k
|
($39k)
|
$92k
|
$3.8m
|
($4.6m)
|
$2.8m
|
|
Deconsolidation, Gain (Loss), Amount
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$266.7m
|
$0
|
$0
|
—
|
|
Gain (Loss) on Investments
|
|
—
|
—
|
—
|
—
|
$50.3m
|
$91.0m
|
—
|
—
|
—
|
—
|
|
General and Administrative Expense
|
|
$23.2m
|
$32.3m
|
$20.1m
|
$14.7m
|
$13.9m
|
$16.2m
|
—
|
—
|
—
|
—
|
|
Goodwill
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$26.7m
|
$17.9m
|
$17.9m
|
$17.9m
|
|
Operating Expenses
|
|
$24.6m
|
$33.6m
|
$22.8m
|
$14.7m
|
$15.7m
|
$16.8m
|
—
|
—
|
—
|
$143.9m
|
|
Unrealized Gain (Loss) on Investments
|
|
—
|
—
|
—
|
—
|
$50.3m
|
$89.3m
|
—
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$61.0m
|
$141.7m
|
$223.5m
|
$257.5m
|
$313.1m
|
$363.8m
|
$201.7m
|
$141.1m
|
$188.7m
|
$196.9m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$278k
|
$0
|
$0
|
$12k
|
$13k
|
$0
|
$67k
|
$411k
|
$270k
|
$1.1m
|
|
Payments for (Proceeds from) Other Investing Activities
|
|
—
|
—
|
—
|
—
|
—
|
($191.0m)
|
—
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($4.6m)
|
($23.2m)
|
$3.5m
|
($18.0m)
|
($314.9m)
|
$43.7m
|
($56.6m)
|
($66.8m)
|
($63.8m)
|
$40.5m
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale
|
|
—
|
$44.4m
|
$75.4m
|
$213.9m
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Proceeds from Issuance of Common Stock
|
|
$385k
|
$435k
|
$1.1m
|
$627k
|
$436k
|
$1.2m
|
$370k
|
$170k
|
$1.5m
|
$2.6m
|
|
Payments for Repurchase of Common Stock
|
|
$78.1m
|
$97.5m
|
$0
|
$0
|
$0
|
$394.1m
|
$8.5m
|
$75.7m
|
$14.8m
|
$4.5m
|
|
Payments of Ordinary Dividends, Common Stock
|
|
$960k
|
$281k
|
$80k
|
$11k
|
$0
|
$0
|
—
|
—
|
—
|
—
|
|
Proceeds from Noncontrolling Interests
|
|
—
|
$23k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Proceeds from (Payments to) Noncontrolling Interests
|
|
—
|
—
|
($6.0m)
|
($10.6m)
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($97.6m)
|
($163.2m)
|
($238.0m)
|
($23.8m)
|
($29.8m)
|
($452.5m)
|
($55.6m)
|
($171.8m)
|
($13.5m)
|
$8.6m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
($41.2m)
|
($44.7m)
|
($10.9m)
|
$215.7m
|
($31.6m)
|
($45.0m)
|
$89.5m
|
($97.5m)
|
$111.5m
|
$246.0m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
$62.4m
|
$278.1m
|
$246.5m
|
$201.5m
|
$291.0m
|
$193.5m
|
$305.0m
|
$550.9m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
$48.8m
|
$40.4m
|
$17.9m
|
$11.0m
|
$9.9m
|
$9.9m
|
$11.7m
|
$11.4m
|
$10.4m
|
$10.4m
|
|
Income Taxes Paid, Net
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$53.9m
|
$0
|
$11.8m
|
$19.1m
|