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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 67,392 $ 45,596
Accounts receivable (less allowance for doubtful accounts of $3,215 and $2,912 as of June 30, 2017 and December 31, 2016, respectively) 993 1,221
Inventory 281 238
Prepaid corporate income taxes 0 1,505
Prepaid expenses and other current assets 6,903 10,274
Total current assets 75,569 58,834
Fixed assets, net 156,588 170,580
Goodwill 1,079 1,008
Intangible assets, net 122 135
Deferred membership costs 1,082 1,092
Other assets 2,120 4,229
Total assets 236,560 235,878
Current liabilities:    
Current portion of long-term debt 2,082 2,082
Accounts payable 2,505 2,477
Accrued expenses 28,375 25,907
Accrued interest 88 119
Deferred revenue 37,383 34,572
Corporate income taxes payable 573 0
Total current liabilities 71,006 65,157
Long-term debt 194,341 194,743
Deferred lease liabilities 49,463 49,660
Deferred tax liabilities 61 61
Deferred revenue 578 440
Other liabilities 8,075 11,487
Total liabilities 323,524 321,548
Commitments and Contingencies
Stockholders’ deficit:    
Preferred stock, $0.001 par value; no shares issued and outstanding at both June 30, 2017 and December 31, 2016
Common stock, $0.001 par value; issued and outstanding 26,686,853 and 26,560,547 shares at June 30, 2017 and December 31, 2016, respectively 25 24
Additional paid-in capital (5,134) (6,261)
Accumulated other comprehensive income (loss) 754 (168)
Accumulated deficit (82,609) (79,265)
Total stockholders’ deficit (86,964) (85,670)
Total liabilities and stockholders’ deficit $ 236,560 $ 235,878