Amortization of deferred
financing costs (1,151) (1,141) (4,878) (3,179)
Change in fair value of
derivatives and amortization (43,731) (1,840) (30,893) (1,422)
Loss on extinguishment of debt - (1,414) (803) (2,748)
Equity in loss of unconsolidated
ventures (309) (1,649) (2,362) (2,286)
Other non-operating income - - 238 -
Loss before income taxes (94,047) (45,202) (181,656) (83,779)
Benefit for income taxes 35,125 14,146 68,408 13,487
Loss before minority interest (58,922) (31,056) (113,248) (70,292)
Minority interest (5) (89) 506 (438)
Net loss $(58,927) $(31,145) $(112,742) $(70,730)
Basic and diluted loss per
share $(0.58) $(0.34) $(1.11) $(0.96)
Weighted average shares used in
computing basic and diluted
loss per share 101,564 91,640 101,463 73,999
Dividends declared per share $0.50 $0.40 $1.45 $1.10
Condensed Consolidated Balance Sheets
(in thousands)
Sept. 30, 2007 Dec. 31, 2006
(Unaudited)
Cash and cash equivalents $63,059 $68,034
Cash and investments - restricted 93,337 61,116
Accounts receivable, net 66,906 58,987
Other current assets 71,609 82,095
Total current assets 294,911 270,232
Property, plant, equipment and
lease
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