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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
[1]
Current assets:    
Cash and cash equivalents ($7,700 and $7,202 related to VIEs) $ 47,793 $ 99,167
Restricted cash 80 7,051
Marketable securities 622  
Accounts receivable, net ($21,036 and $13,799 related to VIEs) 149,224 137,807
Prepaid expenses ($559 and $651 related to VIEs) 9,381 8,728
Inventories ($344 and $370 related to VIEs) 5,162 4,526
Deferred income taxes ($6 and $6 related to VIEs) 191 227
Other ($367 and $403 related to VIEs) 8,056 7,457
Total current assets 220,509 264,963
Equity investments in joint ventures 1,236 1,646
Property and equipment, net ($22,412 and $19,051 related to VIEs) 249,392 270,757
Real estate subject to finance obligation 11,625 22,552
Goodwill ($52,454 and $54,377 related to VIEs) 492,084 469,596
Intangible assets, net ($6,083 and $12,421 related to VIEs) 74,434 81,680
Other assets ($6,261 and $6,335 related to VIEs) 49,282 35,530
Total assets 1,098,562 1,146,724
Current liabilities:    
Accounts payable ($2,965 and $1,270 related to VIEs) 59,397 57,635
Accrued expenses ($2,467 and $3,534 related to VIEs) 140,061 82,609
Income taxes payable ($0 and $0 related to VIEs) 1,814 2,114
Current portion of long-term debt ($62 and $14 related to VIEs) 30,858 26,350
Current portion of finance obligation 481 433
Other current liabilities 6,484 19,687
Total current liabilities 239,095 188,828
Long-term debt, less current portion ($174 and $11 related to VIEs) 1,009,196 940,771
Finance obligation, less current portion 12,057 23,610
Embedded derivative and other financial instrument features of Series A convertible redeemable preferred stock 27,339 15,843
Other long-term liabilities ($2,830 and $2,474 related to VIEs) 39,861 51,079
Deferred income taxes 3,716 4,480
Total liabilities 1,331,264 1,224,611
Series A convertible redeemable preferred stock, $0.001 par value, $1,000 stated value, 3,500,000 authorized, 385,000 issued and outstanding at September 30, 2015 and December 31, 2014, respectively 370,478 328,926
Noncontrolling interests - redeemable $ 19,934 $ 15,273
Commitments and contingencies
Equity:    
Common stock, $0.01 par value, 1,000,000 shares authorized, 1,059 and 1,028 issued and outstanding at September 30, 2015 and December 31, 2014, respectively
Additional paid-in capital $ 599,733 $ 626,001
Retained deficit (1,204,171) (1,067,487)
Accumulated other comprehensive loss, net of tax (45,008) (38,690)
Total 21st Century Oncology Holdings, Inc. shareholder's deficit (649,446) (480,176)
Noncontrolling interests - nonredeemable 26,332 58,090
Total deficit (623,114) (422,086)
Total liabilities and equity $ 1,098,562 $ 1,146,724
[1] Derived from audited financial statements.