Item 6. Selected Financial Data

2K characters. Original on sec.gov · Markdown

Item 6. Selected Financial Data

The following selected financial data is derived from our Financial Statements. It should be read in conjunction with the Financial Statements and Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in this Annual Report on Form 10-K.



(In thousands, except share data)	Period from October 6, 2017 to December 31, 2017*
Statement of Operations:
Net revenues	$	187,609
Total operating expenses	43,413
Income from operations	144,196
Interest expense	(63,354		)
Loss from extinguishment of debt	(38,488		)
Income before income taxes	42,636
Provision for income taxes	1,901
Net income	44,537
Net income attributable to common stockholders	42,662

Per share data:
Basic earnings per common share	$	0.19
Diluted earnings per common share	$	0.19
Weighted shares outstanding—Basic	227,828,844
Weighted shares outstanding—Diluted	227,985,455

Other Data:
Net cash provided by operating activities	$	129,440
Net cash used in investing activities	(1,136,251		)
Net cash provided by financing activities	1,148,446

Financial Position Data:	As of December 31, 2017
Cash and cash equivalents	$	183,646
Restricted cash	13,760
Total assets	9,739,712
Debt	4,785,756
Non-controlling interests	84,875
Shareholders’ equity	4,776,364

*Represents the period from October 6, 2017, the date of the Company’s Formation, through December 31, 2017

Previous: Item 5. Market for the Company’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities · Next: Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations