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SCHEDULE II Condensed Financial Information of the Registrant
12 Months Ended
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
SCHEDULE II Condensed Financial Information of the Registrant
 
 
December 31,
 
2016
 
2015
Assets
 
 
 
 
Cash and cash equivalents
 
$
21,722

 
$
41,079

Other current assets
 
422

 
1,270

Total current assets
 
22,144

 
42,349

Intercompany receivable
 

 
10,056

Investment in subsidiaries
 
380,308

 
375,412

Other assets
 
5,440

 
33,086

Total assets
 
$
407,892

 
$
460,903

 
 


 


Liabilities
 
 
 
 
Accounts payable
 
$
979

 
$
3,103

Accrued and other current liabilities
 
13,255

 
9,505

Total current liabilities
 
14,234

 
12,608

Intercompany payable
 
3,974

 

Long-term debt
 
299,466

 
297,262

Other liabilities
 
16,546

 
4,384

Total liabilities
 
334,220

 
314,254

 
 

 

Temporary equity
 
 
 
 
Preferred stock
 
29,459

 
52,619

 
 
 
 
 
Stockholders’ equity
 
 
 
 
Common stock
 
42

 
35

Additional paid-in capital
 
241,485

 
209,477

Treasury stock
 
(1,387
)
 
(378
)
Accumulated deficit
 
(174,278
)
 
(79,729
)
Accumulated other comprehensive income
 
(21,647
)
 
(35,375
)
Total stockholders’ equity
 
44,215

 
94,030

Total liabilities, temporary equity and stockholders’ equity
 
$
407,894

 
$
460,903

 
 
Fiscal
 
2016
 
2015
 
2014
Revenue
 
$

 
$

 
$

Operating expenses
 
 
 
 
 
 
General and administrative
 
37,615

 
38,410

 
29,715

Depreciation and amortization
 
9

 

 

Gain on sale or disposal of assets
 

 

 
(1,837
)
Total operating expenses
 
37,624

 
38,410

 
27,878

Loss from operations
 
(37,624
)
 
(38,410
)
 
(27,878
)
Interest expense
 
(35,987
)
 
(33,793
)
 
(10,369
)
Loss on early extinguishment or restructuring of debt
 

 

 
(12,300
)
Loss on contingent consideration
 
(11,411
)
 

 

Equity in net (loss) income of subsidiaries
 
441

 
26,879

 
33,810

Other income/(expense)
 
1,277

 
(4,736
)
 
(174
)
Income/(loss) before income taxes
 
(83,304
)
 
(50,060
)
 
(16,911
)
Tax (benefit)/expense
 
11,245

 
(14,495
)
 
(2,520
)
Net income/(loss)
 
$
(94,549
)
 
$
(35,565
)
 
$
(14,391
)
 
 
Fiscal
 
2016
 
2015
 
2014
Net cash used by operating activities
 
$
(21,231
)
 
$
(31,601
)
 
$
(30,012
)
Cash flows from investing activities:
 
 
 
 
 
 
Contributions to subsidiaries
 
(22,428
)
 
(62,356
)
 
(175,119
)
Return of capital from subsidiaries
 
31,112

 

 
31,645

Cash paid for business acquisitions, net of cash acquired
 

 

 
(78,750
)
Other investing activity
 
(164
)
 
(400
)
 

Net cash provided by (used in) investing activities
 
8,520

 
(62,756
)
 
(222,224
)
Cash flows from financing activities:
 
 
 
 
 
 
Proceeds from long-term obligations
 

 
50,250

 
330,000

Principal payments on long-term obligations
 

 

 
(80,000
)
Proceeds from sale of common stock, net
 

 
53,975

 
6,000

Proceeds from sale of preferred stock, net
 

 
14,033

 
40,050

Purchase of noncontrolling interest
 
(1,348
)
 

 
(38,403
)
Advances (to) from affiliates
 

 
5,000

 

Payment of dividends
 
(4,220
)
 
(4,066
)
 

Proceeds from the exercise of warrants and stock options
 
8

 

 
24,348

Payment of fees on restructuring of debt
 

 

 
(12,333
)
Other financing activity
 
(1,086
)
 
(1,298
)
 
(47
)
Net cash provided by (used in) financing activities
 
(6,646
)
 
117,894

 
269,615

Net increase in cash and cash equivalents
 
(19,357
)
 
23,537

 
17,379

Cash and cash equivalents at beginning of period
 
41,079

 
17,542

 
163

Cash and cash equivalents at end of period
 
$
21,722

 
$
41,079

 
$
17,542