Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 23,931 $ 2,188
Restricted cash 118 189
Trade receivables, net of allowance for doubtful accounts of $3,239 in 2019 and $3,759 in 2018 12,438 13,121
Prepaid and other current assets 34,388 28,178
Total current assets 70,875 43,676
Property and equipment, net of accumulated depreciation of $43,685 in 2019 and $40,531 in 2018 37,154 36,539
Subscriber accounts and deferred contract acquisition costs, net of accumulated amortization of $1,670,228 in 2019 and $1,621,242 in 2018 1,176,776 1,195,463
Deferred income tax asset, net 783 783
Operating lease right-of-use asset 19,720  
Other assets 25,606 29,307
Total assets 1,330,914 1,305,768
Current liabilities:    
Accounts payable 12,942 12,099
Other accrued liabilities 47,393 31,085
Deferred revenue 12,698 13,060
Holdback liability 12,041 11,513
Current portion of long-term debt 1,838,900 1,816,450
Total current liabilities 1,923,974 1,884,207
Non-current liabilities:    
Long-term holdback liability 1,979 1,770
Derivative financial instruments 9,287 6,039
Operating lease liabilities 16,550  
Other liabilities 2,899 2,727
Total liabilities 1,954,689 1,894,743
Commitments and contingencies
Stockholder's deficit:    
Common stock, $.01 par value. 1,000 shares authorized, issued and outstanding both at March 31, 2019 and December 31, 2018 0 0
Additional paid-in capital 437,149 439,711
Accumulated deficit (1,068,064) (1,036,294)
Accumulated other comprehensive income, net 7,140 7,608
Total stockholder's deficit (623,775) (588,975)
Total liabilities and stockholder's deficit $ 1,330,914 $ 1,305,768