v3.5.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Mar. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents ($1,031 and $880 related to VIEs, respectively) $ 1,386 $ 3,452
Trade receivables, net of allowance for doubtful accounts of $2,319 and $3,281, respectively ($1 and $1 related to VIEs, respectively) 22,456 39,412
Inventories ($0 and $95 related to VIEs, respectively) 1,343 873
Prepaid expenses and other current assets ($372 and $198 related to VIEs, respectively) 8,970 11,356
Total current assets 34,155 55,093
PROPERTY AND EQUIPMENT, NET:    
Leasehold improvements 3,732 3,801
Furniture, fixtures and equipment 21,468 43,979
Less - accumulated depreciation (16,488) (30,230)
Total property and equipment, net ($11 and $25 related to VIEs, respectively) 8,712 17,550
OTHER ASSETS:    
Deferred financing costs, net 8,129 6,383
Deferred rack costs, net 3,284 4,824
Investments in affiliates 1,722 803
Other long-term assets 2,623 3,193
Total other assets 15,758 15,203
GOODWILL AND OTHER IDENTIFIED INTANGIBLE ASSETS:    
Goodwill 153,998 153,998
Other identified intangibles, net of accumulated amortization of $139,853 and $122,791, respectively ($6,000 related to VIEs) 209,094 224,181
Total goodwill and other identified intangible assets, net 363,092 378,179
TOTAL ASSETS 421,717 466,025
CURRENT LIABILITIES:    
Accounts payable ($8 and $43 related to VIEs, respectively) 10,690 15,781
Accrued expenses and other liabilities ($12 and $194 related to VIEs, respectively) 20,147 44,015
Accrued interest 9,426 10,075
Deferred revenues ($850 and $589 related to VIEs, respectively) 26,610 26,734
Total current liabilities 66,873 96,605
NON-CURRENT LIABILITIES:    
Senior secured notes, net 378,718 309,569
Revolving credit facility 15,200 14,700
Other non-current liabilities 7,035 8,352
Deferred income taxes 33,412 70,747
Total liabilities $ 501,238 $ 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 issued and outstanding as of March 31, 2016 and 2015 0 0
Additional paid-in capital 882,546 945,037
Accumulated deficit (964,629) (981,593)
Accumulated other comprehensive loss (438) (392)
Total stockholders' deficit (82,521) (36,948)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 421,717 $ 466,025