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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 111,332 $ 107,869
Accounts receivable, less allowances of $1,286 and $1,300, respectively 22,638 24,969
Tax receivables 62 155
Prepaid expenses and other 5,290 7,095
Inventory, net 2,291 2,673
Total current assets 141,613 142,761
Property and equipment, at cost:    
Land, buildings and improvements 3,699 3,683
Paging and computer equipment 116,270 117,610
Furniture, fixtures and vehicles 4,334 4,333
Property and equipment, gross 124,303 125,626
Less accumulated depreciation and amortization 108,917 108,231
Property and equipment, net 15,386 17,395
Goodwill 133,031 133,031
Other intangibles, net 14,964 19,698
Deferred income tax assets, less valuation allowance of $45,777 and $114,190, respectively 83,983 24,143
Other assets 1,445 862
TOTAL ASSETS 390,422 337,890
Current liabilities:    
Accounts payable 2,121 2,784
Accrued compensation and benefits 9,508 12,460
Accrued network cost 917 1,072
Accrued taxes 3,465 4,195
Accrued severance and restructuring 1,356 1,581
Accrued other 2,744 3,637
Deferred revenue 27,045 24,034
Total current liabilities 47,156 49,763
Deferred revenue 741 937
Other long-term liabilities 8,972 8,131
TOTAL LIABILITIES $ 56,869 $ 58,831
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:    
Preferred stock—$0.0001 par value; 25,000,000 shares authorized; no shares issued or outstanding $ 0 $ 0
Common stock—$0.0001 par value; 75,000,000 shares authorized; 20,886,261 shares issued and outstanding as of December 31, 2015 and 21,419,073 shares issued and 21,978,762 shares outstanding at December 31, 2014 2 2
Additional paid-in capital 110,435 126,678
Retained earnings 223,116 152,379
TOTAL STOCKHOLDERS’ EQUITY 333,553 279,059
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 390,422 $ 337,890