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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 1,172 $ 740
Receivables, less allowance for doubtful accounts of $72,332 and $66,500 as of June 30, 2015 and December 31, 2014, respectively 131,471 140,810
Inventory 42,364 37,215
Prepaid expenses and other current assets 10,396 9,450
Total current assets 185,403 188,215
Property and equipment, net 34,906 38,171
Goodwill 335,323 573,323
Intangible assets, net 7,290 10,269
Deferred financing costs 13,035 13,463
Other non-current assets 1,192 1,272
Total assets 577,149 824,713
Current liabilities    
Current portion of long-term debt 238 5,395
Accounts payable 77,085 90,032
Claims payable 4,816 8,162
Amounts due to plan sponsors 4,254 5,779
Accrued interest 6,705 6,853
Accrued expenses and other current liabilities 40,923 46,092
Total current liabilities 134,021 162,313
Long-term debt, net of current portion 418,619 418,408
Deferred taxes 2,924 19,058
Other non-current liabilities 6,891 8,129
Total liabilities 562,455 607,908
Series A convertible preferred stock, $.0001 par value; 825,000 shares authorized; 625,000 shares issued and outstanding; and, $64,758 liquidation preference as of June 30, 2015. No convertible preferred stock was authorized or outstanding as of December 31, 2014. 57,988 0
Stockholders’ equity    
Preferred stock, $.0001 par value; 4,175,000 and 5,000,000 shares authorized as of June 30, 2015 and December 31, 2014, respectively; no shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively 0 0
Common stock, $.0001 par value; 125,000,000 shares authorized; 71,376,164 and 71,274,064 shares issued and 68,730,871 and 68,636,965 shares outstanding as of June 30, 2015 and December 31, 2014, respectively 8 8
Treasury stock, 2,645,293 and 2,637,099 shares at cost as of June 30, 2015 and December 31, 2014, respectively (10,715) (10,679)
Additional paid-in capital 534,100 529,682
Accumulated deficit (566,687) (302,206)
Total stockholders’ equity (deficit) (43,294) 216,805
Total liabilities and stockholders’ equity $ 577,149 $ 824,713