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CONDENSED CONSOLIDATED AND COMBINED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 60,313 $ 57,765
Accounts receivable, net of allowance for doubtful accounts of $1,030 and $190, respectively 37,737 66,418
Inventories 17,930 44,176
Other current assets 19,123 12,297
Total current assets 135,103 180,656
Noncurrent Assets:    
Property and equipment, net 8,778 4,606
Goodwill 62,373 56,006
Intangible assets, net 805,251 825,056
Deferred income tax assets — noncurrent 50,914 12,278
Other assets 3,173 4,072
TOTAL ASSETS 1,065,592 1,082,674
Current Liabilities:    
Accounts payable 14,248 13,924
Current portion of long-term debt 4,250 4,250
Income taxes payable 2,857 1,801
Accrued expenses and other current liabilities 61,299 47,595
Total current liabilities 82,654 67,570
Noncurrent Liabilities:    
Long-term debt 405,123 406,286
Other noncurrent liabilities 177,706 164,630
Deferred income tax liabilities — noncurrent 1,575 285
Total liabilities 667,058 638,771
Commitments and contingencies (see Note 17)
Stockholders’ equity:    
Common stock, par value $0.0001; 400,000,000 shares authorized, 50,632,817 and 49,940,548 shares issued and 49,971,436 and 49,528,214 shares outstanding at June 30, 2016 and December 31, 2015, respectively 5 5
Preferred stock; par value $0.0001, 1 share authorized and outstanding 0 0
Treasury stock; par value $0.0001, 661,381 and 412,334 at shares at June 30, 2016 and December 31, 2015 (3,885) (2,397)
Additional paid-in capital 474,181 472,494
Accumulated deficit (70,941) (20,640)
Accumulated other comprehensive loss (826) (5,559)
Total stockholders' equity 398,534 443,903
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,065,592 $ 1,082,674