Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 2,580 $ 1,953
Restricted cash 55 18
Trade receivables, net of allowance for doubtful accounts of $2,762 in 2015 and $2,120 in 2014 13,622 13,796
Prepaid and other current assets 9,890 7,559
Total current assets 26,147 23,326
Property and equipment, net of accumulated depreciation of $27,057 in 2015 and $24,254 in 2014 26,654 23,280
Subscriber accounts, net of accumulated amortization of $975,795 in 2015 and $736,824 in 2014 1,423,538 1,373,630
Dealer network and other intangible assets, net of accumulated amortization of $73,578 in 2015 and $54,077 in 2014 26,654 44,855
Goodwill 563,549 527,502
Other assets, net 3,725 4,569
Total assets 2,070,267 1,997,162
Current liabilities:    
Accounts payable 8,621 6,710
Accrued payroll and related liabilities 3,479 3,604
Other accrued liabilities 32,522 31,094
Deferred revenue 16,207 14,945
Holdback liability 16,386 19,046
Current portion of long-term debt 5,500 9,166
Total current liabilities 82,715 84,565
Non-current liabilities:    
Long-term debt 1,739,147 1,619,624
Long-term holdback liability 3,786 5,156
Derivative financial instruments 13,470 5,780
Deferred income tax liability, net 13,191 9,204
Other liabilities 16,893 15,267
Total liabilities $ 1,869,202 $ 1,739,596
Commitments and contingencies
Stockholder’s equity:    
Common stock, $.01 par value. 1,000 shares authorized, issued and outstanding both at December 31, 2015 and December 31, 2014 $ 0 $ 0
Additional paid-in capital 361,228 336,540
Accumulated deficit (146,617) (74,169)
Accumulated other comprehensive income (loss) (13,546) (4,805)
Total stockholder’s equity 201,065 257,566
Total liabilities and stockholder’s equity $ 2,070,267 $ 1,997,162