Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 25,430us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,953us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 123us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 18us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Trade receivables, net of allowance for doubtful accounts of $2,296 in 2015 and $2,120 in 2014 13,959us-gaap_AccountsReceivableNetCurrent 13,796us-gaap_AccountsReceivableNetCurrent
Deferred income tax assets, net 6,567us-gaap_DeferredTaxAssetsNetCurrent 6,567us-gaap_DeferredTaxAssetsNetCurrent
Prepaid and other current assets 9,046us-gaap_PrepaidExpenseAndOtherAssetsCurrent 7,559us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 55,125us-gaap_AssetsCurrent 29,893us-gaap_AssetsCurrent
Property and equipment, net of accumulated depreciation of $26,551 in 2015 and $24,254 in 2014 24,073us-gaap_PropertyPlantAndEquipmentNet 23,280us-gaap_PropertyPlantAndEquipmentNet
Subscriber accounts, net of accumulated amortization of $794,883 in 2015 and $736,824 in 2014 1,399,520us-gaap_FiniteLivedIntangibleAssetsNet 1,373,630us-gaap_FiniteLivedIntangibleAssetsNet
Dealer network and other intangible assets, net of accumulated amortization of $59,052 in 2015 and $54,077 in 2014 41,181us-gaap_OtherIntangibleAssetsNet 44,855us-gaap_OtherIntangibleAssetsNet
Goodwill 563,011us-gaap_Goodwill 527,502us-gaap_Goodwill
Other assets, net 23,805us-gaap_OtherAssetsNoncurrent 25,487us-gaap_OtherAssetsNoncurrent
Total assets 2,106,715us-gaap_Assets 2,024,647us-gaap_Assets
Current liabilities:    
Accounts payable 5,291us-gaap_AccountsPayableCurrent 6,710us-gaap_AccountsPayableCurrent
Accrued payroll and related liabilities 3,035us-gaap_EmployeeRelatedLiabilitiesCurrent 3,604us-gaap_EmployeeRelatedLiabilitiesCurrent
Other accrued liabilities 43,199us-gaap_OtherAccruedLiabilitiesCurrent 31,094us-gaap_OtherAccruedLiabilitiesCurrent
Deferred revenue 15,981us-gaap_DeferredRevenueCurrent 14,945us-gaap_DeferredRevenueCurrent
Holdback liability 17,668mtii_PurchaseHoldbacksCurrent 19,046mtii_PurchaseHoldbacksCurrent
Current portion of long-term debt 9,166us-gaap_LongTermDebtCurrent 9,166us-gaap_LongTermDebtCurrent
Total current liabilities 94,340us-gaap_LiabilitiesCurrent 84,565us-gaap_LiabilitiesCurrent
Non-current liabilities:    
Long-term debt 1,698,333us-gaap_LongTermDebtNoncurrent 1,640,542us-gaap_LongTermDebtNoncurrent
Long-term holdback liability 4,816mtii_LongTermPurchaseHoldbacks 5,156mtii_LongTermPurchaseHoldbacks
Derivative financial instruments 9,447us-gaap_DerivativeLiabilitiesNoncurrent 5,780us-gaap_DerivativeLiabilitiesNoncurrent
Deferred income tax liability, net 16,800us-gaap_DeferredTaxLiabilitiesNoncurrent 15,771us-gaap_DeferredTaxLiabilitiesNoncurrent
Other liabilities 15,122us-gaap_OtherLiabilitiesNoncurrent 15,267us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 1,838,858us-gaap_Liabilities 1,767,081us-gaap_Liabilities
Commitments and contingencies      
Stockholder's equity:    
Common stock, $.01 par value. 1,000 shares authorized, issued and outstanding both at March 31, 2015 and December 31, 2014 0us-gaap_CommonStockValue 0us-gaap_CommonStockValue
Additional paid-in capital 359,628us-gaap_AdditionalPaidInCapitalCommonStock 336,540us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated deficit (82,503)us-gaap_RetainedEarningsAccumulatedDeficit (74,169)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income (loss) (9,268)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (4,805)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholder's equity 267,857us-gaap_StockholdersEquity 257,566us-gaap_StockholdersEquity
Total liabilities and stockholder's equity $ 2,106,715us-gaap_LiabilitiesAndStockholdersEquity $ 2,024,647us-gaap_LiabilitiesAndStockholdersEquity