Annual report pursuant to Section 13 and 15(d)

Correction of Immaterial Error (Tables)

v2.4.0.8
Correction of Immaterial Error (Tables)
12 Months Ended
Dec. 31, 2013
Correction of Immaterial Error  
Schedule of effect of recording the immaterial correction in the consolidated financial statements

The effect of recording the immaterial correction in the consolidated financial statements as of December 31, 2012 and 2011 is as follows (amounts in thousands, except per share amounts):

 

 

 

For the year ended December 31, 2012

 

 

 

As Reported

 

As Revised

 

 

 

 

 

 

 

Deferred income taxes, net

 

$

5,100

 

5,127

 

Total current assets

 

35,661

 

35,688

 

Goodwill

 

349,227

 

350,213

 

Total assets

 

1,445,431

 

1,446,444

 

Other accrued liabilities

 

25,613

 

27,950

 

Total current liabilities

 

58,410

 

60,747

 

Other liabilities (non-current)

 

3,961

 

4,132

 

Total liabilities

 

1,185,012

 

1,187,520

 

Accumulated deficit

 

(26,270

)

(27,765

)

Total stockholder’s equity

 

260,419

 

258,924

 

Total liabilities and stockholder’s equity

 

1,445,431

 

1,446,444

 

 

 

 

 

 

 

Cost of services

 

49,791

 

49,978

 

Selling, general, and administrative, including stock-based and long-term compensation

 

59,575

 

60,054

 

Operating income

 

66,833

 

66,167

 

Interest expense

 

71,328

 

71,405

 

Loss before income taxes

 

(13,414

)

(14,157

)

Income tax expense

 

2,616

 

2,619

 

Net loss

 

(16,030

)

(16,776

)

Comprehensive loss

 

(28,273

)

(29,019

)

 

 

 

For the year ended December 31, 2011

 

 

 

As Reported

 

As Revised

 

 

 

 

 

 

 

Accumulated deficit

 

$

(10,240

)

(10,989

)

Total stockholder’s equity

 

289,373

 

288,624

 

 

 

 

 

 

 

Cost of services

 

40,553

 

40,699

 

Selling, general, and administrative, including stock-based and long-term compensation

 

57,170

 

57,689

 

Operating income

 

49,852

 

49,187

 

Interest expense

 

42,655

 

42,698

 

Loss before income taxes

 

(3,487

)

(4,195

)

Income tax expense

 

2,523

 

2,564

 

Net loss

 

(6,010

)

(6,759

)

Comprehensive loss

 

(6,010

)

(6,759

)