XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 24,830 $ 16,019
Accounts receivable, net of allowances of $3,511 in 2019 and $3,705 in 2018 150,515 166,128
Prepaid expenses 5,706 6,208
Insurance recovery receivable 4,462 4,186
Other current assets 1,729 2,364
Total current assets 187,242 194,905
Property and equipment, net of accumulated depreciation of $35,639 in 2019 and $33,476 in 2018 12,928 13,628
Operating lease right-of-use assets 20,254 0
Goodwill 101,177 101,060
Trade names, indefinite-lived 5,900 20,402
Other intangible assets, net 50,810 55,182
Non-current deferred tax assets 0 23,750
Other non-current assets 18,657 18,076
Total assets 396,968 427,003
Current liabilities:    
Accounts payable and accrued expenses 50,180 43,744
Accrued compensation and benefits 34,577 33,332
Current portion of long-term debt 0 5,235
Operating lease liabilities - current 5,132 0
Other current liabilities 4,255 3,075
Total current liabilities 94,144 85,386
Long-term debt, less current portion 70,613 77,944
Non-current deferred tax liabilities 7,791 0
Operating lease liabilities - non-current 21,447 0
Long-term accrued claims 29,764 29,299
Other long-term liabilities 8,521 16,176
Total liabilities 232,280 208,805
Commitments and contingencies
Stockholders' equity:    
Common stock 4 4
Additional paid-in capital 303,795 303,048
Accumulated other comprehensive loss (2,335) (1,462)
Accumulated deficit (137,503) (84,062)
Total Cross Country Healthcare, Inc. stockholders' equity 163,961 217,528
Noncontrolling interest in subsidiary 727 670
Total stockholders' equity 164,688 218,198
Total liabilities and stockholders' equity $ 396,968 $ 427,003