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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 121,317 $ 164,034
Accounts receivable, net of allowance for doubtful accounts of $9,736 and $9,445 25,195 33,594
Inventories 9,662 10,309
Income tax receivable, net 0 1,133
Prepaid expenses and other assets 24,566 14,624
Assets held for sale and assets of discontinued operations 9,780 9,938
Total current assets 190,520 233,632
Land, buildings, vessels and equipment, net 2,823,364 2,856,011
Goodwill 914,525 914,525
Intangible assets, net 476,573 479,543
Other assets, net 46,274 47,200
Total assets 4,451,256 4,530,911
Current Liabilities:    
Accounts payable 35,733 67,297
Accrued interest 69,787 50,091
Accrued compensation 55,073 74,069
Accrued taxes 38,704 38,910
Other accrued liabilities 92,875 84,872
Current portion of long-term debt 11,006 11,006
Total current liabilities 303,178 326,245
Long-term debt less current portion 3,514,731 3,616,729
Other long-term liabilities 33,139 36,605
Deferred income taxes 191,340 187,823
Total liabilities $ 4,042,388 $ 4,167,402
Commitments and contingencies
Stockholders’ Equity:    
Preferred stock—$1.00 par value, 250,000 shares authorized, none issued or outstanding $ 0 $ 0
Common stock—$0.10 par value, 150,000,000 authorized, 61,074,913 and 60,870,749 shares issued and outstanding, net of treasury shares 6,745 6,724
Additional paid-in capital 1,126,981 1,122,661
Accumulated deficit (664,293) (705,319)
Accumulated other comprehensive income 408 408
Treasury stock, at cost, 6,374,882 of treasury shares for both periods (71,090) (71,090)
Total Pinnacle stockholders’ equity 398,751 353,384
Non-controlling interest 10,117 10,125
Total stockholders’ equity 408,868 363,509
Total liabilities and stockholders’ equity $ 4,451,256 $ 4,530,911