Annual report pursuant to Section 13 and 15(d)

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 $ 23,420 $ 33,689
Accounts receivable (net of allowance for doubtful accounts of $4,759 and $4,180, respectively) 48,943 20,475
Inventories 5,108 2,616
Deferred income tax asset 16,668 821
Other current assets 4,889 1,141
Total current assets 99,028 58,742
Property and equipment (net of accumulated depreciation of $26,534 and $19,822, respectively) 34,577 15,082
Intangible assets, net 87,800 4,212
Goodwill 146,421 2,929
Other assets 129 141
Total assets 367,955 81,106
Current liabilities    
Accounts payable 12,464 6,294
Accrued compensation 6,217 3,897
Accrued expenses and other liabilities 7,374 1,208
Revolving credit facility, net 8,869  
Short-term portion of car loans 50 66
Short-term portion of capital leases 4,534 3,158
Short-term portion of term loan 550  
Total current liabilities 40,058 14,623
Long-term liabilities    
Long-term portion of car loans 82 64
Long-term portion of capital leases 5,040 5,193
Long-term portion of term loan, net 52,254  
Deferred income tax liability 32,409 821
Total long-term liabilities 89,785 6,078
Total liabilities $ 129,843 $ 20,701
Commitments and contingencies - see Note K
Stockholders' equity    
Common stock, $.001 par value, (250,000,000 and 100,000,000 shares authorized; 75,820,307 and 60,242,818 shares issued and outstanding, respectively) $ 76 $ 60
Additional paid-in capital 231,375 79,751
Accumulated deficit (21,941) (19,406)
Total stockholders’ equity 209,510 60,405
Total liabilities, redeemable convertible preferred stock and stockholders' equity 367,955 $ 81,106
Series A Redeemable Convertible Preferred Stock [Member]    
Redeemable convertible preferred stock:    
Series A Redeemable Convertible Preferred Stock, $0.01 par value, (50,000,000 and 10,000,000 shares authorized; and 14,666,667 and no shares issued and outstanding, respectively) $ 28,602