v3.2.0.727
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Mar. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents ($2,825 and $880 related to VIEs, respectively) $ 6,192 $ 3,452
Trade receivables, net of allowance for doubtful accounts of $3,455 and $3,281, respectively ($1 related to VIEs) 28,752 39,412
Inventories ($95 related to VIEs) 354 873
Prepaid expenses and other current assets ($415 and $198 related to VIEs, respectively) 17,179 11,356
Total current assets 52,477 55,093
PROPERTY AND EQUIPMENT, NET:    
Leasehold improvements 3,801 3,801
Furniture, fixtures and equipment 43,491 43,979
Less - accumulated depreciation (32,068) (30,230)
Total property and equipment, net ($21 and $25 related to VIEs, respectively) 15,224 17,550
OTHER ASSETS:    
Deferred debt costs, net 5,772 6,383
Deferred rack costs, net 4,377 4,824
Investments in affiliates 806 803
Other long-term assets 3,160 3,193
Total other assets 14,115 15,203
GOODWILL AND OTHER IDENTIFIED INTANGIBLE ASSETS:    
Goodwill 153,998 153,998
Other identified intangibles, net of accumulated amortization of $127,034 and $122,791, respectively ($6,000 related to VIEs) 220,345 224,181
Total goodwill and other identified intangible assets, net 374,343 378,179
TOTAL ASSETS 456,159 466,025
CURRENT LIABILITIES:    
Accounts payable ($0 and $43 related to VIEs, respectively) 16,410 15,781
Accrued expenses and other liabilities ($35 and $194 related to VIEs, respectively) 32,940 44,015
Accrued interest 2,799 10,075
Deferred revenues ($2,808 and $589 related to VIEs, respectively) 27,437 26,734
Total current liabilities 79,586 96,605
NON-CURRENT LIABILITIES:    
Senior secured notes, net 307,808 309,569
Revolving credit facility 24,800 14,700
Other non-current liabilities 8,830 8,352
Deferred income taxes 45,014 70,747
Total liabilities $ 466,038 $ 499,973
COMMITMENTS AND CONTINGENCIES (see Note 11)    
Redeemable noncontrolling interests (see Note 9) $ 3,000 $ 3,000
STOCKHOLDERS' DEFICIT:    
Common stock, $0.0001 par value; 100 shares authorized, issued and outstanding as of June 30, 2015 and March 31, 2015, respectively 0 0
Additional paid-in capital 945,037 945,037
Accumulated deficit (957,523) (981,593)
Accumulated other comprehensive loss (393) (392)
Total stockholders' deficit (12,879) (36,948)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 456,159 $ 466,025