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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash $ 41,560 $ 22,521
Accounts receivable, net 42,026 15,720
Available-for-sale securities 5,611 0
Prepaid expenses and other current assets 5,276 5,681
Current assets held for disposition from discontinued operations of wholesale business 113 162
Total current assets 94,586 44,084
Property and equipment, net 6,547 2,255
Intangible assets, net 872,277 303,039
Goodwill 314,288 169,786
Other assets 10,074 7,199
Total assets 1,297,772 526,363
Current Liabilities:    
Accounts payable and accrued expenses 23,722 6,691
Deferred revenue 2,157 394
Current portion of long-term debt 19,000 13,253
Current liabilities held for disposition from discontinued operations of wholesale business 0 236
Total current liabilities 44,879 20,574
Long-Term Liabilities:    
Long-term debt, net of current portion 531,000 162,247
Deferred tax liability 184,881 77,056
Other long-term liabilities 10,686 886
Long-term liabilities held for disposition from discontinued operations of wholesale business 677 700
Total long-term liabilities 727,244 240,889
Total liabilities $ 772,123 $ 261,463
Commitments and Contingencies
Equity:    
Preferred stock Series A, $0.01 par value and $0.001 par value at December 31, 2015 and 2014, respectively; 10,000,000 and 19,400 shares authorized at December 31, 2015 and 2014, respectively; none issued and outstanding at December 31, 2015 and 2014 $ 0 $ 0
Common stock, $0.01 par value and $0.001 par value at December 31, 2015 and 2014, respectively; 150,000,000 shares authorized; 60,991,127 and 39,694,117 shares issued at December 31, 2015 and 2014, respectively, and 60,480,474 and 39,300,580 shares outstanding at December 31, 2015 and 2014, respectively 605 39
Additional paid-in capital 496,179 295,719
Accumulated other comprehensive loss (6,466) (36)
Accumulated deficit (38,830) (35,959)
Treasury stock, at cost; none and 197,784 shares at December 31, 2015 and December 31, 2014, respectively 0 (1,643)
Total Sequential Brands Group, Inc. and Subsidiaries stockholders’ equity 451,488 258,120
Noncontrolling interest 74,161 6,780
Total equity 525,649 264,900
Total liabilities and equity $ 1,297,772 $ 526,363