REVENUES (Tables)

6 Months Ended

Jun. 30, 2018

Revenue from Contract with Customer [Abstract]

Schedule of new accounting pronouncements and changes in accounting principles

The following table presents the effect of the adoption of ASC 606 on the Company’s consolidated balance sheet as of January 1, 2018 (in thousands):

	December 31, 2017, as reported			Adjustments			January 1, 2018, as adjusted
ASSETS
Prepaid expenses and other assets	$	8,673		$	6,814		$	15,487
Deposits and other assets	11,015			11,234			22,249
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Deferred revenues	4,861			(749		)	4,112
Deferred tax liability	1,651			209			1,860
Other long-term liabilities	7,744			(4,616		)	3,128
Accumulated deficit	(1,323,723		)	23,204			(1,300,519		)

In accordance with the new revenue standard requirements, the disclosure of the current period impact of adoption on our

condensed consolidated statement of operations and comprehensive loss and balance sheet is as follows (in thousands, except for per share amounts):

	For the Three Months Ended June 30, 2018
	As Reported			Balances without Adoption of ASC 606			Effect of Change Higher/ (Lower)
Net revenues	$	81,962		$	81,757		$	205
Sales, general and administrative	19,602			19,624			(22		)
Total operating costs and expenses	79,835			79,857			(22		)
Income from operations	2,127			1,900			227
Loss before income taxes and equity in earnings of equity-method investment	(13,759		)	(13,986		)	227
Net loss	(13,900		)	(14,127		)	227
Less net income attributable to non-controlling interest	23			23			—
Net loss attributable to INAP stockholders	(13,923		)	(14,150		)	227
Comprehensive loss	$	(13,862	)	$	(14,150	)	$	227

	For the Six Months Ended June 30, 2018
	As Reported			Balances without Adoption of ASC 606			Effect of Change Higher/ (Lower)
Net revenues	$	156,163		$	155,717		$	446
Sales, general and administrative	39,456			39,572			(116		)
Total operating costs and expenses	153,157			153,273			(116		)
Income from operations	3,006			2,444			562
Loss before income taxes and equity in earnings of equity-method investment	(27,692		)	(28,254		)	562
Net loss	(27,933		)	(28,495		)	562
Less net income attributable to non-controlling interest	50			50			—
Net loss attributable to INAP stockholders	(27,983		)	(28,545		)	562
Comprehensive loss	$	(27,861	)	$	(28,423	)	$	562

	June 30, 2018
	As Reported			Balances without Adoption of ASC 606			Effect of Change Higher/ (Lower)
ASSETS
Contract assets	$	8,474		$	7,490		$	984
Non-current contract assets	12,760			12,153			607
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Deferred revenues	5,837			5,271			566
Other long-term liabilities	4,142			3,341			801
Accumulated deficit	(1,328,502		)	(1,328,726		)	224

Summary of revenue by source

Revenue by source, with sales and usage-based taxes excluded, is as follows (in thousands):

	Three Months Ended June 30, 2018				Three Months Ended June 30, 2017
	INAP US		INAP INTL		INAP US		INAP INTL
Colocation	$	30,866	$	1,459	$	29,614	$	1,229
Network services	13,563		2,792		15,119		1,530
Cloud	19,638		13,644		9,380		12,770
	$	64,067	$	17,895	$	54,113	$	15,529

	Six Months Ended June 30, 2018				Six Months Ended June 30, 2017
	INAP US		INAP INTL		INAP US		INAP INTL
Colocation	$	61,802	$	2,977	$	59,626	$	2,579
Network services	27,382		5,763		30,623		3,047
Cloud	31,958		26,281		19,326		26,574
	$	121,142	$	35,021	$	109,575	$	32,200

Revenue by geography is as follows (in thousands):

	Three Months Ended June 30, 2018				Three Months Ended June 30, 2017
	INAP US		INAP INTL		INAP US		INAP INTL
United States	$	65,168	$	—	$	55,206	$	—
Canada	—		9,549		—		9,531
Other countries	—		7,245		—		4,905
	$	65,168	$	16,794	$	55,206	$	14,436

	Six Months Ended June 30, 2018				Six Months Ended June 30, 2017
	INAP US		INAP INTL		INAP US		INAP INTL
United States	$	123,319	$	—	$	111,751	$	—
Canada	—		18,659		—		19,899
Other countries	—		14,185		—		10,125
	$	123,319	$	32,844	$	111,751	$	30,024