2016 Q1 Form 10-Q Financial Statement

#000102232116000191 Filed on May 04, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $378.4M $526.9M
YoY Change -28.18% -48.33%
Cost Of Revenue $258.8M $463.1M
YoY Change -44.12% -51.27%
Gross Profit $119.6M $63.80M
YoY Change 87.46% -8.07%
Gross Profit Margin 31.61% 12.11%
Selling, General & Admin $12.20M $13.20M
YoY Change -7.58% 10.0%
% of Gross Profit 10.2% 20.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $46.64M $27.13M
YoY Change 71.93% 40.69%
% of Gross Profit 38.99% 42.52%
Operating Expenses $58.90M $40.30M
YoY Change 46.15% 29.17%
Operating Profit $59.85M $24.82M
YoY Change 141.14% -29.89%
Interest Expense -$24.60M -$2.300M
YoY Change 969.57% -117.96%
% of Operating Profit -41.1% -9.27%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $36.18M $21.12M
YoY Change 71.27% -30.55%
Income Tax $1.001M $908.0K
% Of Pretax Income 2.77% 4.3%
Net Earnings $35.30M $20.22M
YoY Change 74.64% -32.11%
Net Earnings / Revenue 9.33% 3.84%
Basic Earnings Per Share
Diluted Earnings Per Share $320.9K $212.6K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.30M $11.10M
YoY Change 10.81% -5.13%
Cash & Equivalents $12.31M $11.14M
Short-Term Investments
Other Short-Term Assets $36.36M $30.37M
YoY Change 19.73% -19.35%
Inventory $63.59M $63.80M
Prepaid Expenses
Receivables $214.1M $202.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $326.4M $307.9M
YoY Change 5.99% -32.22%
LONG-TERM ASSETS
Property, Plant & Equipment $4.060B $1.730B
YoY Change 134.67% 43.73%
Goodwill $325.0M $325.0M
YoY Change 0.0% 0.0%
Intangibles $220.8M $79.92M
YoY Change 176.27% 33.39%
Long-Term Investments $438.7M $620.1M
YoY Change -29.26% -0.97%
Other Assets $60.17M $64.47M
YoY Change -6.66% 69.4%
Total Long-Term Assets $5.243B $2.964B
YoY Change 76.88% 23.34%
TOTAL ASSETS
Total Short-Term Assets $326.4M $307.9M
Total Long-Term Assets $5.243B $2.964B
Total Assets $5.569B $3.272B
YoY Change 70.21% 14.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $115.7M $203.3M
YoY Change -43.09% -32.84%
Accrued Expenses $141.7M $139.3M
YoY Change 1.72% 41.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $257.4M $342.6M
YoY Change -24.87% -14.66%
LONG-TERM LIABILITIES
Long-Term Debt $3.089B $1.699B
YoY Change 81.79% 26.67%
Other Long-Term Liabilities $216.3M $18.33M
YoY Change 1080.28% -1.13%
Total Long-Term Liabilities $3.305B $1.717B
YoY Change 92.44% 26.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $257.4M $342.6M
Total Long-Term Liabilities $3.305B $1.717B
Total Liabilities $3.586B $2.079B
YoY Change 72.44% 16.98%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.992B $1.193B
YoY Change
Total Liabilities & Shareholders Equity $5.569B $3.272B
YoY Change 70.21% 14.51%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $35.30M $20.22M
YoY Change 74.64% -32.11%
Depreciation, Depletion And Amortization $46.64M $27.13M
YoY Change 71.93% 40.69%
Cash From Operating Activities $41.11M $62.47M
YoY Change -34.19% -41.12%
INVESTING ACTIVITIES
Capital Expenditures -$118.3M -$111.5M
YoY Change 6.1% 6.9%
Acquisitions
YoY Change
Other Investing Activities -$130.0K -$29.00K
YoY Change 348.28% -102.28%
Cash From Investing Activities -$134.6M -$103.6M
YoY Change 29.84% -8.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $94.86M $42.84M
YoY Change 121.43% 318.08%
NET CHANGE
Cash From Operating Activities $41.11M $62.47M
Cash From Investing Activities -$134.6M -$103.6M
Cash From Financing Activities $94.86M $42.84M
Net Change In Cash $1.416M $1.676M
YoY Change -15.51% -40.36%
FREE CASH FLOW
Cash From Operating Activities $41.11M $62.47M
Capital Expenditures -$118.3M -$111.5M
Free Cash Flow $159.4M $174.0M
YoY Change -8.37% -17.31%

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23273000 USD
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389942000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
393274000 USD
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223446000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Net
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220786000 USD
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13221000 USD
CY2016Q1 us-gaap General And Administrative Expense
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12221000 USD
CY2016Q1 us-gaap Goodwill
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325046000 USD
CY2016Q1 us-gaap Guarantee Obligations Current Carrying Value
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1800000000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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21123000 USD
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36178000 USD
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20215000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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35303000 USD
CY2015Q1 us-gaap Income Loss From Equity Method Investments
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15519000 USD
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10717000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
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908000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
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1001000 USD
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0 USD
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0 USD
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-37826000 USD
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-19850000 USD
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-70903000 USD
CY2016Q1 us-gaap Increase Decrease In Accounts Receivable
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-10810000 USD
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-2343000 USD
CY2016Q1 us-gaap Increase Decrease In Accrued Liabilities
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-14643000 USD
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3103000 USD
CY2016Q1 us-gaap Increase Decrease In Deferred Charges
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3479000 USD
CY2015Q1 us-gaap Increase Decrease In Deferred Income Taxes
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-608000 USD
CY2016Q1 us-gaap Increase Decrease In Deferred Income Taxes
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-700000 USD
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0 USD
CY2016Q1 us-gaap Increase Decrease In Due To Affiliates
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0 USD
CY2015Q1 us-gaap Increase Decrease In Inventories
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16973000 USD
CY2016Q1 us-gaap Increase Decrease In Inventories
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19815000 USD
CY2015Q1 us-gaap Increase Decrease In Leasing Receivables
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-5167000 USD
CY2016Q1 us-gaap Increase Decrease In Leasing Receivables
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-5167000 USD
CY2015Q4 us-gaap Increase Decrease In Margin Deposits Outstanding
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1100000 USD
CY2016Q1 us-gaap Increase Decrease In Margin Deposits Outstanding
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1000000 USD
CY2015Q1 us-gaap Increase Decrease In Operating Capital
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-5936000 USD
CY2016Q1 us-gaap Increase Decrease In Operating Capital
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52067000 USD
CY2015Q1 us-gaap Increase Decrease In Other Current Assets
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4722000 USD
CY2016Q1 us-gaap Increase Decrease In Other Current Assets
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5090000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
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223446000 USD
CY2016Q1 us-gaap Intangible Assets Net Excluding Goodwill
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220786000 USD
CY2015Q1 us-gaap Interest Income Expense Net
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-19215000 USD
CY2016Q1 us-gaap Interest Income Expense Net
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-34387000 USD
CY2015Q1 us-gaap Interest Paid
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14200000 USD
CY2016Q1 us-gaap Interest Paid
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45800000 USD
CY2015Q1 us-gaap Interest Paid Capitalized
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3000000 USD
CY2016Q1 us-gaap Interest Paid Capitalized
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6000000 USD
CY2015Q4 us-gaap Inventory Crude Oil Products And Merchandise
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22815000 USD
CY2016Q1 us-gaap Inventory Crude Oil Products And Merchandise
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50431000 USD
CY2015Q4 us-gaap Inventory Net
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43775000 USD
CY2016Q1 us-gaap Inventory Net
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63590000 USD
CY2015Q4 us-gaap Inventory Write Down
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900000 USD
CY2016Q1 us-gaap Inventory Write Down
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0 USD
CY2015Q4 us-gaap Liabilities
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3438848000 USD
CY2016Q1 us-gaap Liabilities
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3585533000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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5459599000 USD
CY2016Q1 us-gaap Liabilities And Stockholders Equity
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5569374000 USD
CY2015Q4 us-gaap Liabilities Current
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302136000 USD
CY2016Q1 us-gaap Liabilities Current
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257374000 USD
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CY2015Q1 us-gaap Limited Partners Capital Account
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CY2015Q4 us-gaap Limited Partners Capital Account
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2020751000 USD
CY2016Q1 us-gaap Limited Partners Capital Account
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1983841000 USD
CY2015Q4 us-gaap Limited Partners Capital Account Units Issued
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109979218 shares
CY2016Q1 us-gaap Limited Partners Capital Account Units Issued
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109979218 shares
CY2015Q3 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
10350000 shares
CY2015Q4 us-gaap Limited Partners Capital Account Units Outstanding
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109979218 shares
CY2016Q1 us-gaap Limited Partners Capital Account Units Outstanding
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109979218 shares
CY2015Q4 us-gaap Long Term Debt Fair Value
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1546600000 USD
CY2016Q1 us-gaap Long Term Debt Fair Value
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1663400000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
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2922054000 USD
CY2016Q1 us-gaap Long Term Debt Noncurrent
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3088575000 USD
CY2015Q4 us-gaap Margin Deposit Assets
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4400000 USD
CY2016Q1 us-gaap Margin Deposit Assets
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6700000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities
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42841000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities
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94861000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities
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-103630000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities
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-134551000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
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62465000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities
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41106000 USD
CY2015Q1 us-gaap Net Income Loss
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20215000 USD
CY2016Q1 us-gaap Net Income Loss
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35303000 USD
CY2015Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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0 USD
CY2016Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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-126000 USD
CY2015Q1 us-gaap Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
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0.21
CY2016Q1 us-gaap Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
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0.32
CY2015Q1 us-gaap Operating Income Loss
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24819000 USD
CY2016Q1 us-gaap Operating Income Loss
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59848000 USD
CY2015Q4 us-gaap Other Assets Current
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32114000 USD
CY2016Q1 us-gaap Other Assets Current
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CY2015Q4 us-gaap Other Assets Noncurrent
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58692000 USD
CY2016Q1 us-gaap Other Assets Noncurrent
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60174000 USD
CY2015Q1 us-gaap Other General And Administrative Expense
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12299000 USD
CY2016Q1 us-gaap Other General And Administrative Expense
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11358000 USD
CY2015Q4 us-gaap Other Inventory
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6000 USD
CY2016Q1 us-gaap Other Inventory
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0 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
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192072000 USD
CY2016Q1 us-gaap Other Liabilities Noncurrent
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216298000 USD
CY2015Q1 us-gaap Other Noncash Income Expense
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1279000 USD
CY2016Q1 us-gaap Other Noncash Income Expense
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-1335000 USD
CY2015Q2 us-gaap Partners Capital Account Distribution Per Unit Of Limited Partner Interest
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0.6100
CY2015Q3 us-gaap Partners Capital Account Distribution Per Unit Of Limited Partner Interest
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0.6250
CY2015Q4 us-gaap Partners Capital Account Distribution Per Unit Of Limited Partner Interest
PartnersCapitalAccountDistributionPerUnitOfLimitedPartnerInterest
0.6400
CY2016Q1 us-gaap Partners Capital Account Distribution Per Unit Of Limited Partner Interest
PartnersCapitalAccountDistributionPerUnitOfLimitedPartnerInterest
0.6550
CY2015Q1 us-gaap Partners Capital Account Distributions
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56542000 USD
CY2016Q1 us-gaap Partners Capital Account Distributions
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72087000 USD
CY2015Q3 us-gaap Partners Capital Account Public Sale Of Units Net Of Offering Costs
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437200000 USD
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-8350000 USD
CY2016Q1 us-gaap Partners Capital Attributable To Noncontrolling Interest
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-8476000 USD
CY2015Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
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2029101000 USD
CY2016Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
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1992317000 USD
CY2015Q1 us-gaap Payments For Proceeds From Other Investing Activities
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-29000 USD
CY2016Q1 us-gaap Payments For Proceeds From Other Investing Activities
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-130000 USD
CY2015Q1 us-gaap Payments To Acquire Businesses And Interest In Affiliates
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1750000 USD
CY2016Q1 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
1135000 USD
CY2015Q1 us-gaap Payments To Acquire Businesses Gross
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0 USD
CY2016Q1 us-gaap Payments To Acquire Businesses Gross
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25394000 USD
CY2015Q1 us-gaap Payments To Acquire Productive Assets
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111504000 USD
CY2016Q1 us-gaap Payments To Acquire Productive Assets
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118252000 USD
CY2015Q1 us-gaap Proceeds From Contribution In Aid Of Construction
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0 USD
CY2016Q1 us-gaap Proceeds From Contribution In Aid Of Construction
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4088000 USD
CY2015Q1 us-gaap Proceeds From Long Term Lines Of Credit
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226200000 USD
CY2016Q1 us-gaap Proceeds From Long Term Lines Of Credit
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319400000 USD
CY2015Q1 us-gaap Proceeds From Payments For Other Financing Activities
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1383000 USD
CY2016Q1 us-gaap Proceeds From Payments For Other Financing Activities
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1948000 USD
CY2015Q1 us-gaap Proceeds From Sales Of Assets Investing Activities
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1768000 USD
CY2016Q1 us-gaap Proceeds From Sales Of Assets Investing Activities
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224000 USD
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20215000 USD
CY2016Q1 us-gaap Profit Loss
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35177000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
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4310226000 USD
CY2016Q1 us-gaap Property Plant And Equipment Gross
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4476649000 USD
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3931979000 USD
CY2016Q1 us-gaap Property Plant And Equipment Net
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4060224000 USD
CY2015Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
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5500000 USD
CY2016Q1 us-gaap Receivables From Brokers Dealers And Clearing Organizations
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7700000 USD
CY2015Q1 us-gaap Repayments Of Debt
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0 USD
CY2016Q1 us-gaap Repayments Of Debt
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0 USD
CY2015Q1 us-gaap Repayments Of Long Term Lines Of Credit
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128200000 USD
CY2016Q1 us-gaap Repayments Of Long Term Lines Of Credit
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154400000 USD
CY2015Q1 us-gaap Revenues
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526857000 USD
CY2016Q1 us-gaap Revenues
Revenues
378414000 USD
CY2015Q4 us-gaap Secured Long Term Debt
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1115000000 USD
CY2016Q1 us-gaap Secured Long Term Debt
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1280000000 USD
CY2015Q1 us-gaap Share Based Compensation
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3161000 USD
CY2016Q1 us-gaap Share Based Compensation
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CY2015Q1 us-gaap Unrealized Gain Loss On Derivatives
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CY2016Q1 us-gaap Unrealized Gain Loss On Derivatives
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CY2015Q4 us-gaap Unsecured Long Term Debt
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1807054000 USD
CY2016Q1 us-gaap Unsecured Long Term Debt
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1808575000 USD
CY2015Q1 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
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95029000 shares
CY2016Q1 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
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109979000 shares
CY2016Q1 gel Schedule Of Balance Sheet Information For Equity Investees
ScheduleOfBalanceSheetInformationForEquityInvestees
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following tables present the combined unaudited balance sheet and income statement information (on a 100% basis) of our equity investees:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">March&#160;31, <br clear="none"/>2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">December&#160;31, <br clear="none"/>2015</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">BALANCE SHEET DATA:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Assets</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,320</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,871</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fixed assets, net</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">378,745</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">450,108</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,852</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,040</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">417,917</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">491,019</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Liabilities and equity</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,412</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,308</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">217,543</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">231,032</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">175,962</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">234,679</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total liabilities and equity</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">417,917</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">491,019</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
CY2016Q1 gel Schedule Of Operations For Equity Investees
ScheduleOfOperationsForEquityInvestees
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:74.21875%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:67%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Three Months Ended<br clear="none"/>March 31, </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2015</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">INCOME STATEMENT DATA:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,574</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">72,090</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,825</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">48,113</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27,643</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46,917</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>

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