XML 69 R22.htm IDEA: XBRL DOCUMENT v3.19.3
NATURE OF OPERATIONS AND BASIS OF PRESENTATION (Tables)
9 Months Ended
Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments
The adjustments to the Company’s previously issued quarterly financial statements for the three and nine months ended September 30, 2018 are as follows (in thousands):
 
Three and Nine Months Ended
September 30, 2018
 
As reported
Adjustments
As adjusted
 
 
 
 
Costs of sales and services, exclusive of depreciation and amortization - QTD
$
28,866

$
(645
)
$
28,221

Costs of sales and services, exclusive of depreciation and amortization - YTD
81,880

(1,720
)
80,160

Depreciation and amortization - QTD
23,431

122

23,553

Depreciation and amortization - YTD
67,097

325

67,422

Interest expense - QTD
16,898

896

17,794

Interest expense - YTD
47,786

2,352

50,138

Net loss attributable to INAP shareholders - QTD
(15,106
)
(373
)
(15,479
)
Net loss attributable to INAP shareholders - YTD
(43,089
)
(957
)
(44,046
)
Property and equipment, net
477,423

10,193

487,616

Total assets
746,038

10,193

756,231

Capital lease obligations - non-current
252,599

11,077

263,676

Total liabilities
765,004

11,150

776,154

Accumulated deficit
(1,343,609
)
(957
)
(1,344,566
)
Total stockholders' (deficit) equity
$
(18,966
)
$
(957
)
$
(19,923
)
The adjustments to the Company’s previously issued consolidated statements of cash flows are as follows (in thousands):

 
Three Months Ended
March 31, 2017
 
As reported
Adjustments
As restated
 
 
 
 
Accounts payable
$
(2,247
)
$
(512
)
$
(2,759
)
Net cash provided by operating activities
7,264

(512
)
6,752

 
 
 
 
Purchases of property and equipment
(5,789
)
512

(5,277
)
Net cash used in investing activities
(5,989
)
512

(5,477
)
 
 
 
 
Additions to property and equipment included in accounts payable
$
1,247

$
2,744

$
3,991


 
Six Months Ended
June 30, 2017
 
As reported
Adjustments
As restated
 
 
 
 
Accounts payable
$
477

$
(2,100
)
$
(1,623
)
Net cash provided by operating activities
24,634

(2,100
)
22,534

 
 
 
 
Purchases of property and equipment
(12,293
)
2,100

(10,193
)
Net cash used in investing activities
(12,737
)
2,100

(10,637
)
 
 
 
 
Additions to property and equipment included in accounts payable
$
1,269

$
4,331

$
5,600


 
Nine Months Ended
September 30, 2017
 
As reported
Adjustments
As restated
 
 
 
 
Accounts payable
$
(3,498
)
$
1,330

$
(2,168
)
Net cash provided by operating activities
27,940

1,330

29,270

 
 
 
 
Purchases of property and equipment
(23,198
)
(1,330
)
(24,528
)
Net cash used in investing activities
(19,789
)
(1,330
)
(21,119
)
 
 
 
 
Additions to property and equipment included in accounts payable
$
701

$
901

$
1,602



 
Year Ended
December 31, 2017
 
As reported
Adjustments
As restated
 
 
 
 
Accounts payable
$
(1,167
)
$
218

$
(949
)
Net cash provided by operating activities
41,748

218

41,966

 
 
 
 
Purchases of property and equipment
(35,714
)
(218
)
(35,932
)
Net cash used in investing activities
(32,209
)
(218
)
(32,427
)
 
 
 
 
Additions to property and equipment included in accounts payable
$
1,932

$
2,014

$
3,946


 
Three Months Ended
March 31, 2018
 
As reported
Adjustments
As restated
 
 
 
 
Accounts payable
$
(636
)
$
(124
)
$
(760
)
Net cash provided by operating activities
3,697

(124
)
3,573

 
 
 
 
Purchases of property and equipment
(6,082
)
124

(5,958
)
Net cash used in investing activities
(138,065
)
124

(137,941
)
 
 
 
 
Additions to property and equipment included in accounts payable
$
2,287

$
2,138

$
4,425


 
Six Months Ended
June 30, 2018
 
As reported
Adjustments
As restated
 
 
 
 
Accounts payable
$
6,939

$
(3,598
)
$
3,341

Net cash provided by operating activities
18,533

(3,598
)
14,935

 
 
 
 
Purchases of property and equipment
(16,102
)
3,598

(12,504
)
Net cash used in investing activities
(148,649
)
3,598

(145,051
)
 
 
 
 
Additions to property and equipment included in accounts payable
$
4,023

$
5,613

$
9,636


 
Nine Months Ended
September 30, 2018
 
As reported
Adjustments
As restated
 
 
 
 
Accounts payable
$
9,372

$
(4,217
)
$
5,155

Net cash provided by operating activities
28,598

(4,217
)
24,381

 
 
 
 
Purchases of property and equipment
(27,317
)
4,217

(23,100
)
Net cash used in investing activities
(160,623
)
4,217

(156,406
)
 
 
 
 
Additions to property and equipment included in accounts payable
$
4,004

$
6,231

$
10,235


 
Year Ended
December 31, 2018
 
As reported
Adjustments
As restated
 
 
 
 
Accounts payable
$
1,339

$
207

$
1,546

Net cash provided by operating activities
34,572

207

34,779

 
 
 
 
Purchases of property and equipment
(38,298
)
(207
)
(38,505
)
Net cash used in investing activities
(174,037
)
(207
)
(174,244
)
 
 
 
 
Additions to property and equipment included in accounts payable
$
2,459

$
1,807

$
4,266


 
Three Months Ended
March 31, 2019
 
As reported
Adjustments
As restated
 
 
 
 
Accounts payable
$
763

$
(556
)
$
207

Net cash provided by operating activities
2,262

(556
)
1,706

 
 
 
 
Purchases of property and equipment
(8,094
)
556

(7,538
)
Net cash used in investing activities
(8,568
)
556

(8,012
)
 
 
 
 
Additions to property and equipment included in accounts payable
$
1,850

$
1,881

$
3,731


 
Six Months Ended
June 30, 2019
 
As reported
Adjustments
As restated
 
 
 
 
Accounts payable
$
3,375

$
(944
)
$
2,431

Net cash provided by operating activities
14,081

(944
)
13,137

 
 
 
 
Purchases of property and equipment
(15,642
)
944

(14,698
)
Net cash used in investing activities
(16,359
)
944

(15,415
)
 
 
 
 
Additions to property and equipment included in accounts payable
$
1,268

$
2,751

$
4,019