XML 43 R5.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 684,472 $ 436,176
Accounts receivable, net of allowance for credit losses of $100,245 and $56,367 360,677 546,533
Prepaid expenses and other current assets 150,470 139,211
Total current assets 1,195,619 1,121,920
Property and equipment, net of accumulated depreciation of $1,875,769 and $1,815,844 594,132 641,722
Equity method investments 24,503 27,494
Goodwill 2,631,077 2,633,251
Deferred income taxes 35,958 21,812
Other assets, net 671,067 670,105
Total assets 5,709,858 5,689,957
Current liabilities    
Accounts payable 200,564 187,187
Accrued compensation and related benefits 72,012 94,368
Accrued subscriber incentives 253,019 316,254
Deferred revenues 100,146 84,661
Other accrued liabilities 262,818 189,548
Current portion of debt 79,770 81,614
Tax Receivable Agreement 0 71,911
Total current liabilities 968,329 1,025,543
Deferred income taxes 77,816 107,402
Other noncurrent liabilities 361,690 347,522
Long-term debt 3,619,312 3,261,821
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common Stock: $0.01 par value; 1,000,000 authorized shares; 296,543 and 294,319 shares issued, 275,314 and 273,733 shares outstanding at March 31, 2020 and December 31, 2019, respectively 2,965 2,943
Additional paid-in capital 2,335,171 2,317,544
Treasury Stock, at cost, 21,229 and 20,587 shares at March 31, 2020 and December 31, 2019, respectively (473,890) (468,618)
Retained deficit (1,022,297) (763,482)
Accumulated other comprehensive loss (168,609) (149,306)
Non-controlling interest 9,371 8,588
Total stockholders’ equity 682,711 947,669
Total liabilities and stockholders’ equity 5,709,858 5,689,957
Customer Relationships    
Current assets    
Finite lived intangible assets, net 306,081 311,015
Other Intangible Assets    
Current assets    
Finite lived intangible assets, net $ 251,421 $ 262,638