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 $ 111,838 $ 147,724
Receivables, net 234,782 220,579
Inventory, net 22,295 19,397
Related party current assets 5,941 4,344
Deferred tax assets 0 1,038,603
Prepaid expenses and other current assets 187,033 119,099
Total current assets 561,889 1,549,746
Property and equipment, net 1,415,401 1,510,112
Long-term restricted investments 9,888 5,922
Intangible assets, net 2,593,346 2,645,046
Goodwill 2,205,107 2,205,107
Related party long-term assets 0 3,000
Deferred tax assets 1,115,731 437,736
Other long-term assets 145,300 12,396
Total assets 8,046,662 8,369,065
Current liabilities:    
Accounts payable and accrued expenses 625,313 587,755
Accrued interest 91,655 80,440
Current portion of deferred revenue 1,771,915 1,632,381
Current portion of deferred credit on executory contracts 0 1,394
Current maturities of long-term debt [1] 4,764 7,482
Related party current liabilities 2,840 4,340
Total current liabilities 2,496,487 2,313,792
Deferred revenue 157,609 151,901
Long-term debt [1] 5,443,614 4,487,419
Related party long-term liabilities 10,795 13,635
Deferred tax liabilities 6,681 0
Other long-term liabilities 97,967 92,481
Total liabilities $ 8,213,153 $ 7,059,228
Commitments and contingencies (Note 16)
Stockholders’ (deficit) equity:    
Preferred stock, undesignated, par value $0.001 (liquidation preference of $0.001 per share); 50,000 shares authorized and 0 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively $ 0 $ 0
Common stock, par value $0.001; 9,000,000 shares authorized; 5,153,451 and 5,653,529 shares issued; 5,147,647 and 5,646,119 outstanding at December 31, 2015 and December 31, 2014, respectively 5,153 5,653
Accumulated other comprehensive loss, net of tax (502) (402)
Additional paid-in capital 4,783,795 6,771,554
Treasury stock, at cost; 5,804 and 7,410 shares of common stock at December 31, 2015 and December 31, 2014, respectively (23,727) (26,034)
Accumulated deficit (4,931,210) (5,440,934)
Total stockholders’ (deficit) equity (166,491) 1,309,837
Total liabilities and stockholders’ (deficit) equity $ 8,046,662 $ 8,369,065
[1] The carrying value of the obligations is net of any remaining unamortized original issue discount.