Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 11,495 $ 2,188
Restricted cash 93 189
Trade receivables, net of allowance for doubtful accounts of $2,843 in 2019 and $3,759 in 2018 12,545 13,121
Prepaid and other current assets 28,226 28,178
Total current assets 52,359 43,676
Property and equipment, net of accumulated depreciation of $46,806 in 2019 and $40,531 in 2018 36,940 36,539
Subscriber accounts and deferred contract acquisition costs, net of accumulated amortization of $1,719,220 in 2019 and $1,621,242 in 2018 1,161,472 1,195,463
Deferred income tax asset, net 783 783
Operating lease right-of-use asset 19,521  
Other assets 18,649 29,307
Total assets 1,289,724 1,305,768
Current liabilities:    
Accounts payable 0 12,099
Other accrued liabilities 3,795 31,085
Deferred revenue 0 13,060
Holdback liability 0 11,513
Current portion of long-term debt 181,400 1,816,450
Total current liabilities not subject to compromise 185,195 1,884,207
Non-current liabilities:    
Long-term holdback liability 0 1,770
Derivative financial instruments 0 6,039
Operating lease liabilities 16,317  
Other liabilities 0 2,727
Total liabilities not subject to compromise 201,512 1,894,743
Liabilities subject to compromise 1,767,076 0
Total liabilities 1,968,588 1,894,743
Commitments and contingencies
Stockholder's deficit:    
Common stock, $.01 par value. 1,000 shares authorized, issued and outstanding both at June 30, 2019 and December 31, 2018 0 0
Additional paid-in capital 436,734 439,711
Accumulated deficit (1,122,266) (1,036,294)
Accumulated other comprehensive income, net 6,668 7,608
Total stockholder's deficit (678,864) (588,975)
Total liabilities and stockholder's deficit $ 1,289,724 $ 1,305,768