XML 17 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 9,569 $ 15,577
Receivables, less allowance for doubtful accounts of $44,730 and $59,689 at December 31, 2016 and 2015, respectively 111,811 97,353
Inventory 36,165 42,983
Prepaid expenses and other current assets 18,507 27,772
Total current assets 176,052 183,685
Property and equipment, net 32,535 31,939
Goodwill 365,947 308,729
Intangible assets, net 31,043 5,128
Other non-current assets 2,163 1,161
Total assets 607,740 530,642
Current liabilities    
Current portion of long-term debt 18,521 24,380
Accounts payable 59,134 65,077
Amounts due to plan sponsors 3,799 3,491
Accrued interest 6,705 6,898
Accrued expenses and other current liabilities 42,191 52,918
Total current liabilities 130,350 152,764
Long-term debt, net of current portion 433,413 393,741
Deferred taxes 2,281 236
Other non-current liabilities 1,257 1,861
Total liabilities 567,301 548,602
Stockholders’ (deficit) equity    
Preferred stock, $.0001 par value; 5,000,000 and 4,175,000 shares authorized; no shares issued and outstanding as of December 31, 2016 and 2015, respectively 0 0
Common stock, $.0001 par value; 250,000,000 and 125,000,000 shares authorized; 117,682,543 and 71,421,664 shares issued; and 117,682,543 and 68,767,613 shares outstanding as of December 31, 2016 and 2015, respectively 12 8
Treasury stock, no shares outstanding as of December 31, 2016 and 2,654,051 shares outstanding, at cost, as of December 31, 2015 0 (10,737)
Additional paid-in capital 611,844 531,764
Accumulated deficit (643,419) (601,913)
Total stockholders’ (deficit) equity (31,563) (80,878)
Total liabilities and stockholders’ (deficit) equity 607,740 530,642
Series A convertible preferred stock, $.0001 par value; 825,000 shares authorized; 21,645 and 635,822 shares issued and outstanding as of December 31, 2016 and 2015, respectively; and, $2,603 and $69,702 liquidation preference as of December 31, 2016 and 2015, respectively    
Current liabilities    
Convertible preferred stock 2,462 62,918
Series C convertible preferred stock, $.0001 par value; 625,000 shares authorized; 614,177 shares issued and outstanding; and $75,491 liquidation preference as of December 31, 2016    
Current liabilities    
Convertible preferred stock $ 69,540 $ 0