Internap Corp INAP Balance Sheet

Internap corp (INAP)

Balance Sheet / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Dec'09
ASSETS
Current assets:
Cash and cash equivalents
11,649	10,895	10,468	8,266	17,823	11,844	14,739	16,159	14,603	11,968	17,456	9,174	10,389	9,640	13,868	13,898	17,772	18,312	16,412	16,219	20,084	25,493	27,863	25,202	35,018	34,441	26,668	34,552	28,553	26,375	27,624	30,849	29,772	34,289	40,098	46,298	59,582	68,311	73,926
Short-term investments in marketable securities and other related assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,000
Accounts receivable, net of allowance for doubtful accounts of $763 and $1,547, respectively
15,567	17,948	18,563	21,452	19,623	22,999	20,251	17,524	17,794	17,586	16,066	15,654	18,044	17,832	18,358	19,570	20,292	22,007	20,566	20,833	19,606	19,871	18,541	22,913	23,927	21,001	21,573	18,960	19,035	21,002	21,848	17,886	18,539	18,898	18,409	16,460	17,588	19,886	18,685
Contract with Customer, Asset, Net, Current
9,039	9,202	9,130	9,006	8,844	8,026	8,474	7,131	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Term loan, less discount and issuance costs of $4,909
-	552	614	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	676	607	508	633	569	472	492	371	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	171	-	213	375
Prepaid expenses and other assets
7,370	7,572	7,807	7,890	7,377	9,497	9,689	8,690	8,673	9,036	11,150	10,311	10,055	10,710	11,975	12,410	12,405	10,994	12,860	13,218	12,063	14,224	15,467	16,620	22,533	23,273	14,042	13,376	13,438	13,204	12,299	12,172	13,270	11,349	11,533	11,296	11,217	-	-
Prepaid expenses and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,361	8,768
Total current assets
43,625	46,169	46,582	46,614	53,667	52,366	53,153	49,504	41,070	38,590	44,672	35,139	38,488	38,182	44,201	45,878	50,469	51,989	50,445	50,778	52,386	60,157	62,343	65,227	81,849	78,715	62,283	66,888	61,026	60,581	61,771	60,907	61,581	64,536	70,040	74,225	88,387	98,771	108,754
Property and equipment, net
215,111	216,548	223,497	229,185	484,306	477,423	452,958	461,314	458,565	441,239	427,873	291,583	302,680	315,273	325,136	328,084	328,700	330,603	336,358	338,711	342,145	339,421	338,015	342,749	331,963	272,101	260,358	257,918	248,095	247,305	229,096	215,027	198,369	184,402	158,211	156,323	142,289	131,087	91,151
Operating lease right-of-use assets
62,537	33,723	35,488	27,056	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease right-of-use assets
141,323	226,619	229,228	236,077	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in joint venture
-	-	-	-	-	-	-	-	-	0	3,161	3,099	3,002	3,206	3,020	2,934	2,768	2,733	2,637	2,648	2,622	2,757	2,737	2,648	2,602	2,666	2,522	2,697	3,000	3,137	3,060	2,904	2,936	-	-	-	2,265	-	-
Investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,846	2,601	2,488	-	2,140	1,804
Intangible assets, net
46,596	64,215	67,446	70,441	73,042	74,738	77,112	79,185	25,666	26,661	26,333	27,138	27,978	30,323	31,159	32,047	32,887	38,463	44,064	50,991	52,545	53,487	54,969	56,658	57,699	18,124	19,203	19,957	21,342	22,728	24,115	25,501	26,886	12,070	12,943	13,824	14,698	-	-
Intangible assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,587	20,782
Goodwill
71,208	116,217	116,217	116,216	116,217	116,705	116,705	118,077	50,209	50,209	50,209	50,209	50,209	52,144	130,313	130,313	130,313	130,313	130,313	130,313	130,313	130,313	130,313	130,313	130,387	59,605	59,605	59,605	59,605	59,605	59,605	59,675	59,471	39,464	39,464	39,464	39,464	39,464	39,464
Contract with Customer, Asset, Net, Noncurrent
14,827	15,032	15,217	15,502	16,104	12,756	12,760	12,056	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax assets, net
124	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits and other assets
4,003	6,178	7,121	7,251	7,409	12,050	12,019	11,784	11,015	10,733	8,820	7,940	8,258	8,968	8,998	9,094	9,474	10,790	10,690	10,405	9,087	10,039	9,432	8,262	7,999	5,595	5,383	5,343	5,735	5,653	5,233	5,400	5,371	4,731	4,548	3,971	3,600	-	-
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	164	-	1,477	1,637	1,615	1,629	1,848	1,742	-	-	-	1,909	-	-	-	-	-	-	-	-	-	-
Deferred tax asset, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,683	1,808	1,772	-	1,821	1,957	2,117	2,096	-	-	-	2,439	-	-
Deposits and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,903	2,637
Deferred tax asset, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,173	2,417	2,484	-	2,448	2,910
Total assets
599,354	724,701	740,796	748,342	750,745	746,038	724,707	731,920	586,525	567,432	561,068	415,108	430,615	448,096	542,827	548,350	554,611	565,055	574,507	585,323	590,735	597,789	599,438	607,705	614,241	438,489	411,162	414,180	400,712	400,830	384,837	371,531	356,710	310,222	290,224	292,779	293,142	292,400	267,502
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities:
Accounts payable
20,529	25,287	25,826	22,368	23,435	32,243	29,806	21,699	20,388	16,732	20,757	18,003	20,875	25,897	26,054	21,672	22,607	18,047	18,422	21,154	30,589	30,376	24,711	28,752	29,774	33,210	19,911	18,107	22,158	26,285	28,359	27,204	21,746	30,589	18,254	18,410	25,383	24,288	17,237
Accrued liabilities
10,721	9,813	11,287	14,178	15,207	17,866	17,059	14,279	15,908	13,513	13,845	10,445	10,603	9,958	10,467	10,525	10,737	11,981	11,935	12,165	13,120	14,894	13,054	12,132	13,549	19,862	10,288	10,555	11,386	9,907	9,915	10,112	9,152	7,869	6,870	7,889	8,975	8,878	10,192
Deferred revenues
6,576	7,493	7,917	7,881	8,462	4,696	5,837	-	4,861	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenues
-	-	-	-	-	-	-	5,871	-	5,054	5,272	5,417	5,746	6,110	6,540	6,784	6,603	6,696	7,462	6,696	7,345	7,099	7,959	7,103	6,729	3,115	2,917	2,707	2,991	2,801	2,531	2,485	2,475	2,388	2,699	3,030	3,268	3,154	3,817
Capital lease obligations
0	0	0	0	9,171	9,399	10,246	10,095	11,711	11,729	11,392	10,164	10,030	9,649	9,586	9,290	8,421	8,218	7,596	7,641	7,366	6,573	6,195	5,858	5,489	5,175	4,977	4,831	4,504	4,294	3,712	3,271	2,154	607	191	171	1,071	1,020	25
Revolving credit facility
20,000	14,000	6,000	-	0	18,500	16,000	16,000	5,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	-	-	-	-	20,000	-
Term loan, less discount and issuance costs of $12,545 and $4,036, respectively
413,311	0	0	299	321	444	362	818	867	881	897	963	757	782	808	1,194	1,215	1,477	1,498	1,518	1,324	1,557	1,576	1,595	1,613	3,266	3,264	3,263	3,261	3,461	2,797	3,546	2,794	883	883	882	884	-	-
Exit activities and restructuring liability
200	550	466	1,883	2,526	3,255	2,968	3,391	4,152	4,263	5,212	2,922	3,177	1,038	1,432	1,712	2,034	2,140	1,705	1,795	1,809	2,102	2,279	2,500	2,286	2,354	2,372	2,493	2,508	2,567	2,520	2,626	2,709	2,664	2,691	2,587	2,691	2,738	2,819
Short-term operating lease liabilities
9,241	6,686	6,584	5,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term finance lease liabilities
4,979	5,867	5,930	8,328	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,945	4,889	-	-	-	-	-	-	-	-
Other current liabilities
22	70	70	33	1,063	3,637	4,050	4,197	1,707	3,400	2,571	3,089	3,171	1,240	1,358	1,631	2,566	2,232	2,008	2,245	1,590	2,341	2,428	2,435	2,493	178	174	172	169	166	163	156	151	145	140	138	135	133	125
Total current liabilities
485,579	69,766	64,080	60,370	60,185	90,040	86,328	76,350	64,594	55,572	59,946	51,003	54,359	54,674	56,245	52,808	54,183	50,791	50,626	53,214	63,143	64,942	58,202	60,375	61,933	67,160	43,903	42,128	46,977	54,426	54,886	49,400	41,281	45,145	31,728	33,107	42,407	60,211	34,215
Deferred revenues
632	-	-	-	856	-	-	-	4,761	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenues
-	259	312	341	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
72,301	30,382	32,253	24,149	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease liabilities
170,042	264,223	262,476	262,632	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenues
-	-	-	-	-	-	-	-	-	4,661	4,918	4,964	5,144	4,981	4,967	4,798	4,759	4,613	4,453	3,818	3,544	3,457	3,847	3,762	3,804	2,857	2,494	2,582	2,669	2,662	2,457	2,447	2,323	2,240	2,152	2,242	2,134	2,251	2,492
Capital lease obligations
-	0	0	0	264,741	252,599	220,721	223,549	223,749	206,927	186,221	41,613	43,876	45,580	48,149	50,007	48,692	49,291	49,275	51,047	52,686	53,638	54,409	55,523	49,800	49,602	50,968	52,272	44,054	45,193	43,932	44,893	38,923	36,683	29,032	29,085	19,139	19,404	3,217
Revolving credit facility
-	-	-	-	-	-	-	-	-	0	0	35,500	35,500	35,500	35,500	32,500	31,000	31,000	27,000	23,000	10,000	5,000	5,000	-	-	50,500	40,500	40,500	30,501	22,329	14,856	509	-	-	-	-	-	-	20,000
Term loan, less discount and issuance costs of $9,508
0	415,126	413,958	415,226	415,278	415,251	415,418	416,766	287,845	288,034	288,254	241,398	283,421	283,597	283,779	285,007	285,298	286,354	286,712	287,080	286,621	287,831	288,210	288,598	288,994	59,164	59,980	60,796	61,612	62,353	53,983	54,683	55,383	17,763	17,983	18,204	18,422	-	-
Accrued contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,540	-	4,626	4,626	-	-	-	-	-	-
Exit activities and restructuring liability
0	-	-	-	75	162	284	408	664	1,537	2,416	1,374	1,526	1,350	1,486	1,709	1,844	1,756	1,999	2,423	2,701	2,761	3,196	2,507	1,877	2,261	2,586	3,037	3,365	-	4,092	4,306	4,884	4,937	5,445	4,880	5,273	5,645	6,123
Deferred rent
0	-	-	-	957	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent
-	-	-	-	-	940	907	1,138	1,310	1,581	3,206	4,188	4,642	7,389	7,879	8,395	8,879	9,296	9,795	10,182	10,583	11,132	11,778	12,423	14,617	13,655	14,149	14,596	15,026	15,372	15,708	15,859	16,100	16,309	16,440	16,585	16,655	16,617	16,417
Deferred income tax liabilities
0	1,443	1,617	1,969	2,211	1,952	1,928	1,841	1,651	-	-	-	1,513	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liability
-	-	-	-	-	-	-	-	-	1,484	1,404	1,473	-	1,364	1,223	1,211	880	3,610	5,448	6,953	7,293	7,509	7,492	8,181	8,591	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
3,622	3,714	3,633	3,627	3,473	4,060	4,142	3,046	2,983	3,026	4,196	4,293	4,358	4,396	4,424	4,467	4,640	4,668	4,786	4,810	3,828	4,403	2,784	2,392	2,415	1,795	3,161	3,122	903	933	970	1,004	1,020	458	430	467	501	535	636
Total liabilities
732,176	784,913	778,329	768,314	747,776	765,004	729,728	723,098	587,557	562,822	550,561	385,806	434,339	438,831	443,652	440,902	440,175	441,379	440,094	442,527	440,399	440,673	434,918	433,761	432,031	246,994	217,741	219,033	205,107	206,808	190,884	177,727	164,540	123,535	103,210	104,570	104,531	104,663	83,100
Commitments and contingencies (Note 9)
-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stockholders' (deficit) equity:
Preferred stock, $0.001 par value; 5,000 shares authorized; no shares issued or outstanding
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.001 par value; 50,000 shares authorized; 26,555 and 25,455 shares outstanding, respectively
26	26	27	27	25	21	21	21	21	84	84	83	14	58	57	56	56	56	56	55	54	54	54	54	54	54	54	54	54	54	53	53	53	53	53	52	52	52	51
Additional paid-in capital
1,374,230	1,372,016	1,370,835	1,369,815	1,368,968	1,330,751	1,329,368	1,327,985	1,327,084	1,325,755	1,324,692	1,324,204	1,283,376	-	-	-	1,277,511	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,228,291	1,221,456
Additional paid-in capital
-	-	-	-	-	-	-	-	-	-	-	-	-	1,283,051	1,281,762	1,279,490	-	1,274,834	1,270,815	1,266,634	1,262,402	1,260,026	1,258,072	1,256,003	1,253,106	1,251,196	1,249,245	1,246,930	1,243,801	1,242,003	1,239,653	1,237,717	1,235,554	1,234,119	1,232,650	1,231,063	1,229,684	-	-
Treasury stock, at cost, 388 and 330 shares, respectively
7,958	7,958	7,956	7,914	7,646	7,645	7,630	7,429	7,159	7,145	7,133	7,072	6,923	6,866	6,736	6,609	6,393	6,014	5,551	5,301	4,683	4,218	4,159	4,074	3,474	3,289	3,168	3,077	1,845	1,717	1,663	1,987	1,266	1,212	1,192	1,001	520	477	127
Accumulated deficit
-1,498,409	-1,425,140	-1,401,270	-1,382,715	-1,360,107	-1,343,609	-1,328,502	-1,313,598	-1,323,723	-1,316,788	-1,305,894	-1,286,579	-1,278,699	-1,265,590	-1,174,293	-1,163,601	-1,153,957	-1,142,687	-1,128,490	-1,115,956	-1,105,514	-1,097,257	-1,087,881	-1,076,695	-1,066,020	-1,055,570	-1,051,535	-1,047,833	-1,046,190	-1,046,211	-1,043,762	-1,041,765	-1,041,872	-1,046,070	-1,044,282	-1,041,670	-1,040,170	-1,039,740	-1,036,548
Accumulated items of other comprehensive loss
-711	-913	-895	-868	-1,065	-1,300	-1,202	-1,263	-1,324	-1,334	-1,242	-1,334	-1,492	-1,388	-1,615	-1,888	-2,781	-2,513	-2,417	-2,636	-1,923	-1,489	-1,566	-1,344	-1,456	-896	-1,175	-927	-215	-107	-328	-214	-299	-203	-215	-235	-435	-389	-430
Total INAP stockholders' deficit
-132,822	-61,969	-39,259	-21,655	175	-21,782	-7,945	5,716	-5,101	572	10,507	29,302	-3,724	9,265	99,175	107,448	114,436	123,676	134,413	142,796	150,336	157,116	164,520	173,944	182,210	191,495	193,421	195,147	195,605	194,022	193,953	193,804	192,170	186,687	187,014	188,209	188,611	187,737	184,402
Non-controlling interest
0	1,757	1,726	1,683	2,794	2,816	2,924	3,106	4,069	4,038	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total stockholders' (deficit) equity
-132,822	-60,212	-37,533	-19,972	2,969	-18,966	-5,021	8,822	-1,032	4,610	-	-	-3,724	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities and stockholders' (deficit) equity
599,354	724,701	740,796	748,342	750,745	746,038	724,707	731,920	586,525	567,432	561,068	415,108	430,615	448,096	542,827	548,350	554,611	565,055	574,507	585,323	590,735	597,789	599,438	607,705	614,241	438,489	411,162	414,180	400,712	400,830	384,837	371,531	356,710	310,222	290,224	292,779	293,142	292,400	267,502