Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 1,953us-gaap_CashAndCashEquivalentsAtCarryingValue $ 4,355us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 18us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 40us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Trade receivables, net of allowance for doubtful accounts of $2,120 in 2014 and $1,937 in 2013 13,796us-gaap_AccountsReceivableNetCurrent 13,019us-gaap_AccountsReceivableNetCurrent
Deferred income tax assets, net 6,567us-gaap_DeferredTaxAssetsNetCurrent 8,530us-gaap_DeferredTaxAssetsNetCurrent
Prepaid and other current assets 7,559us-gaap_PrepaidExpenseAndOtherAssetsCurrent 6,319us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 29,893us-gaap_AssetsCurrent 32,263us-gaap_AssetsCurrent
Property and equipment, net of accumulated depreciation of $24,254 in 2014 and $17,514 in 2013 23,280us-gaap_PropertyPlantAndEquipmentNet 24,561us-gaap_PropertyPlantAndEquipmentNet
Subscriber accounts, net of accumulated amortization of $736,824 in 2014 and $503,497 in 2013 1,373,630us-gaap_FiniteLivedIntangibleAssetsNet 1,340,954us-gaap_FiniteLivedIntangibleAssetsNet
Dealer network and other intangible assets, net of accumulated amortization of $54,077 in 2014 and $34,297 in 2013 44,855us-gaap_OtherIntangibleAssetsNet 64,635us-gaap_OtherIntangibleAssetsNet
Goodwill 527,502us-gaap_Goodwill 527,502us-gaap_Goodwill
Other assets, net 25,487us-gaap_OtherAssetsNoncurrent 29,611us-gaap_OtherAssetsNoncurrent
Total assets 2,024,647us-gaap_Assets 2,019,526us-gaap_Assets
Current liabilities:    
Accounts payable 6,710us-gaap_AccountsPayableCurrent 6,895us-gaap_AccountsPayableCurrent
Accrued payroll and related liabilities 3,604us-gaap_EmployeeRelatedLiabilitiesCurrent 3,179us-gaap_EmployeeRelatedLiabilitiesCurrent
Other accrued liabilities 31,094us-gaap_OtherAccruedLiabilitiesCurrent 33,454us-gaap_OtherAccruedLiabilitiesCurrent
Deferred revenue 14,945us-gaap_DeferredRevenueCurrent 14,379us-gaap_DeferredRevenueCurrent
Holdback liability 19,046mtii_PurchaseHoldbacksCurrent 19,758mtii_PurchaseHoldbacksCurrent
Current portion of long-term debt 9,166us-gaap_LongTermDebtCurrent 9,166us-gaap_LongTermDebtCurrent
Total current liabilities 84,565us-gaap_LiabilitiesCurrent 86,831us-gaap_LiabilitiesCurrent
Non-current liabilities:    
Long-term debt 1,640,542us-gaap_LongTermDebtNoncurrent 1,597,627us-gaap_LongTermDebtNoncurrent
Long-term holdback liability 5,156mtii_LongTermPurchaseHoldbacks 6,698mtii_LongTermPurchaseHoldbacks
Derivative financial instruments 5,780us-gaap_DerivativeLiabilitiesNoncurrent 2,013us-gaap_DerivativeLiabilitiesNoncurrent
Deferred income tax liability, net 15,771us-gaap_DeferredTaxLiabilitiesNoncurrent 17,632us-gaap_DeferredTaxLiabilitiesNoncurrent
Other liabilities 15,267us-gaap_OtherLiabilitiesNoncurrent 16,065us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 1,767,081us-gaap_Liabilities 1,726,866us-gaap_Liabilities
Commitments and contingencies      
Stockholder’s equity:    
Common stock, $.01 par value. 1,000 shares authorized, issued and outstanding both at December 31, 2014 and December 31, 2013 0us-gaap_CommonStockValue 0us-gaap_CommonStockValue
Additional paid-in capital 336,540us-gaap_AdditionalPaidInCapitalCommonStock 337,038us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated deficit (74,169)us-gaap_RetainedEarningsAccumulatedDeficit (44,452)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income (loss) (4,805)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 74us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholder’s equity 257,566us-gaap_StockholdersEquity 292,660us-gaap_StockholdersEquity
Total liabilities and stockholder’s equity $ 2,024,647us-gaap_LiabilitiesAndStockholdersEquity $ 2,019,526us-gaap_LiabilitiesAndStockholdersEquity