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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Jan. 01, 2018
Dec. 31, 2017
Mar. 31, 2017
Dec. 31, 2016
Current assets:          
Cash and cash equivalents $ 16,159 $ 14,603 $ 14,603 $ 9,174 $ 10,389
Accounts receivable, net of allowance for doubtful accounts of $1,700 and $1,487, respectively 17,524 17,794 17,794    
Contract assets 7,131   0    
Prepaid expenses and other assets 8,690 15,487 8,673    
Total current assets 49,504 47,884 41,070    
Property and equipment, net 461,314 458,565 458,565    
Intangible assets, net 79,185 25,666 25,666    
Goodwill 118,077 50,209 50,209    
Non-current contract assets 12,056   0    
Deposits and other assets 11,784 23,229 11,015    
Total assets 731,920 605,553 586,525    
Current liabilities:          
Accounts payable 21,699 20,388 20,388    
Accrued liabilities 14,279 15,908 15,908    
Deferred revenues 5,871 4,112 4,861    
Capital lease obligations 10,095 11,711 11,711    
Revolving credit facility 16,000 5,000 5,000    
Term loan, less discount and prepaid costs of $3,539 and $2,133, respectively 818 867 867    
Exit activities and restructuring liability 3,391 4,152 4,152    
Other current liabilities 4,197 1,707 1,707    
Total current liabilities 76,350 63,845 64,594    
Capital lease obligations 223,549 223,749 223,749    
Term loan, less discount and prepaid costs of $11,286 and $7,655, respectively 416,766 287,845 287,845    
Exit activities and restructuring liability 408 664 664    
Deferred rent 1,138 1,310 1,310    
Deferred tax liability 1,841 1,860 1,651    
Other long-term liabilities 3,046 3,128 7,744    
Total liabilities 723,098 582,401 587,557    
Commitments and contingencies (note 10)    
Stockholders’ deficit:          
Preferred stock, $0.001 par value; 5,000 shares authorized; no shares issued or outstanding 0 0 0    
Common stock, $0.001 par value; 30,000 shares authorized; 21,131 and 20,804 shares outstanding, respectively 21 21 21    
Additional paid-in capital 1,327,985 1,327,084 1,327,084    
Treasury stock, at cost, 313 and 293 shares, respectively (7,429) (7,159) (7,159)    
Accumulated deficit (1,313,598) (1,299,539) (1,323,723)    
Accumulated items of other comprehensive loss (1,263) (1,324) (1,324)    
Total INAP stockholders’ deficit 5,716 19,083 (5,101)    
Non-controlling interests 3,106 4,069 4,069    
Total stockholders’ deficit 8,822 23,152 (1,032)    
Total liabilities and stockholders’ deficit $ 731,920 $ 605,553 $ 586,525