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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 27,795 $ 20,464
Restricted cash 11,862 12,162
Trade accounts receivable, net 100,152 108,479
Unbilled Revenue 40,586 41,449
Prepaid and other current assets 19,516 12,008
Total current assets 199,911 194,562
Property, plant and equipment, net 34,133 37,507
Operating lease Right-of-use assets 79,370 73,692
Intangible assets, net 108,225 110,807
Goodwill 196,633 219,341
Investment in associates 477 553
Deferred tax assets, net 3,009 5,251
Prepaid expenses and other non-current assets 15,568 16,370
Total assets 637,326 658,083
Current liabilities:    
Trade accounts payable 20,004 25,449
Accrued expenses and other current liabilities 89,600 82,598
Short term debt 32,387 26,491
Current maturity of long term debt 18,666 17,601
Current maturity of operating lease liabilities 20,761 19,677
Current maturity of finance lease obligations 750 632
Total current liabilities 182,168 172,448
Long term debt 123,387 130,144
Operating lease liabilities 59,404 54,341
Other non-current liabilities 12,881 11,140
Deferred tax liabilities, net 17,739 18,226
Total liabilities 395,579 386,299
Commitments and contingencies 0 0
Stockholders’ equity:    
Common stock, 60,000,000 non-convertible shares, $0.01 par value, authorized; 38,541,724 and 38,525,636 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 385 385
Additional paid-in capital 277,852 276,827
Accumulated other comprehensive loss (10,853) (6,022)
Accumulated deficit (73,115) (46,145)
Equity attributable to Startek shareholders 194,269 225,045
Non-controlling interest 47,478 46,739
Total stockholders’ equity 241,747 271,784
Total liabilities and stockholders’ equity $ 637,326 $ 658,083