REVENUES (Tables)

9 Months Ended

Sep. 30, 2018

Revenue from Contract with Customer [Abstract]

Schedule of new accounting pronouncements and changes in accounting principles

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 September 30, 2018
	As Reported			Balances without Adoption of ASC 606			Effect of Change Higher/ (Lower)
Net revenues	$	82,972		$	82,822		$	150
Sales, general and administrative	18,170			18,100			70
Total operating costs and expenses	80,798			80,728			70
Income from operations	2,174			2,094			80
Loss before income taxes and equity in earnings of equity-method investment	(14,919		)	(14,999		)	80
Net loss	(15,081		)	(15,161		)	80
Less net income attributable to non-controlling interest	25			25			—
Net loss attributable to INAP stockholders	(15,106		)	(15,186		)	80
Comprehensive loss	$	(15,204	)	$	(15,186	)	$	80

	For the Nine Months Ended September 30, 2018
	As Reported			Balances without Adoption of ASC 606			Effect of Change Higher/ (Lower)
Net revenues	$	239,135		$	238,539		$	596
Sales, general and administrative	57,625			57,671			(46		)
Total operating costs and expenses	233,954			234,000			(46		)
Income from operations	5,181			4,539			642
Loss before income taxes and equity in earnings of equity-method investment	(42,610		)	(43,252		)	642
Net loss	(43,014		)	(43,656		)	642
Less net income attributable to non-controlling interest	75			75			—
Net loss attributable to INAP stockholders	(43,089		)	(43,731		)	642
Comprehensive loss	$	(43,065	)	$	(43,707	)	$	642

	September 30, 2018
	As Reported			Balances without Adoption of ASC 606			Effect of Change Higher/ (Lower)
ASSETS
Contract assets	$	8,026		$	8,022		$	4
Non-current contract assets	12,756			12,756			—
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Deferred revenues	4,696			4,771			(75		)
Other long-term liabilities	4,060			4,060			—
Accumulated deficit	(1,343,609		)	(1,343,534		)	(75		)

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		)

Summary of revenue by source

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

	Three Months Ended September 30, 2018				Three Months Ended September 30, 2017
	INAP US		INAP INTL		INAP US		INAP INTL
Colocation	$	32,946	$	1,372	$	29,114	$	1,166
Network services	13,015		2,719		14,486		2,281
Cloud	19,717		13,203		9,370		12,490
	$	65,678	$	17,294	$	52,970	$	15,937

	Nine Months Ended September 30, 2018				Nine Months Ended September 30, 2017
	INAP US		INAP INTL		INAP US		INAP INTL
Colocation	$	94,747	$	4,349	$	88,740	$	3,745
Network services	40,398		8,482		45,108		5,329
Cloud	51,676		39,483		28,696		39,064
	$	186,821	$	52,314	$	162,544	$	48,138

Revenue by geography is as follows (in thousands):

	Three Months Ended September 30, 2018				Three Months Ended September 30, 2017
	INAP US		INAP INTL		INAP US		INAP INTL
United States	$	66,825	$	—	$	54,006	$	—
Canada	—		9,187		—		9,421
Other countries	—		6,960		—		5,480
	$	66,825	$	16,147	$	54,006	$	14,901

	Nine Months Ended September 30, 2018				Nine Months Ended September 30, 2017
	INAP US		INAP INTL		INAP US		INAP INTL
United States	$	190,071	$	—	$	165,757	$	—
Canada	—		27,846		—		29,320
Other countries	—		21,218		—		15,605
	$	190,071	$	49,064	$	165,757	$	44,925