v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Mar. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents ($301 and $880 related to VIEs, respectively) $ 922 $ 3,452
Trade receivables, net of allowance for doubtful accounts of $3,081 and $3,281, respectively ($1 related to VIEs) 19,577 39,412
Inventories ($0 and $95 related to VIEs, respectively) 834 873
Prepaid expenses and other current assets ($197 and $198 related to VIEs, respectively) 11,800 11,356
Total current assets 33,133 55,093
PROPERTY AND EQUIPMENT, NET:    
Leasehold improvements 3,748 3,801
Furniture, fixtures and equipment 41,120 43,979
Less – accumulated depreciation (33,971) (30,230)
Total property and equipment, net ($15 and $25 related to VIEs, respectively) 10,897 17,550
OTHER ASSETS:    
Deferred debt costs, net 4,560 6,383
Deferred rack costs, net 3,888 4,824
Investments in affiliates 1,419 803
Other long-term assets 2,830 3,193
Total other assets 12,697 15,203
GOODWILL AND OTHER IDENTIFIED INTANGIBLE ASSETS:    
Goodwill 153,998 153,998
Other identified intangibles, net of accumulated amortization of $135,580 and $122,791, respectively ($6,000 related to VIEs) 212,804 224,181
Total goodwill and other identified intangible assets, net 366,802 378,179
TOTAL ASSETS 423,529 466,025
CURRENT LIABILITIES:    
Accounts payable ($19 and $43 related to VIEs, respectively) 9,787 15,781
Accrued expenses and other liabilities ($0 and $194 related to VIEs, respectively) 29,381 44,015
Accrued interest 2,831 10,075
Deferred revenues ($0 and $589 related to VIEs, respectively) 25,618 26,734
Total current liabilities 67,617 96,605
NON-CURRENT LIABILITIES:    
Senior secured notes, net 308,306 309,569
Revolving credit facility 18,200 14,700
Other non-current liabilities 8,239 8,352
Deferred income taxes 35,584 70,747
Total liabilities $ 437,946 $ 499,973
COMMITMENTS AND CONTINGENCIES
Redeemable noncontrolling interests $ 3,000 $ 3,000
STOCKHOLDERS' DEFICIT:    
Common stock, $0.0001 par value; 100 shares authorized, issued and outstanding as of December 31, 2015 and March 31, 2015, respectively 0 0
Additional paid-in capital 945,037 945,037
Accumulated deficit (962,024) (981,593)
Accumulated other comprehensive loss (430) (392)
Total stockholders' deficit (17,417) (36,948)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 423,529 466,025
Revolving Credit Facility    
NON-CURRENT LIABILITIES:    
Revolving credit facility 18,200 $ 14,700
Long-term Line of Credit $ 18,200