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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 15,577 $ 740
Receivables, less allowance for doubtful accounts of $59,689 and $66,405 at December 31, 2015 and December 31, 2014, respectively 108,365 131,656
Inventory 42,983 37,215
Prepaid expenses and other current assets 20,046 9,054
Assets held for sale 0 9,550
Total current assets 186,971 188,215
Property and equipment, net 31,939 38,171
Goodwill 308,729 560,579
Intangible assets, net 5,128 10,269
Deferred financing costs 12,577 13,463
Other non-current assets 1,161 1,272
Non-current assets held for sale 0 12,744
Total assets 546,505 824,713
Current liabilities    
Current portion of long-term debt 27,665 5,395
Accounts payable 65,077 89,203
Amounts due to plan sponsors 3,491 4,869
Accrued interest 6,898 6,853
Accrued expenses and other current liabilities 52,918 46,957
Liabilities held for sale 0 9,976
Total current liabilities 156,049 163,253
Long-term debt, net of current portion 406,319 418,408
Deferred taxes 236 18,118
Other non-current liabilities 1,861 8,129
Total liabilities 564,465 607,908
Series A convertible preferred stock, $.0001 par value; 825,000 shares authorized; 635,822 shares issued and outstanding; and, $69,702 liquidation preference as of December 31, 2015. No convertible preferred stock was authorized or outstanding as of December 31, 2014. 62,918 0
Stockholders’ (deficit) equity    
Preferred stock, $.0001 par value; 4,175,000 and 5,000,000 shares authorized as of December 31, 2015 and 2014, respectively; no shares issued and outstanding as of December 31, 2015 and 2014, respectively 0 0
Common stock, $.0001 par value; 125,000,000 shares authorized; 71,421,664 and 71,274,064 shares issued and 68,767,613 and 68,636,965 shares outstanding as of December 31, 2015 and 2014, respectively 8 8
Treasury stock, 2,654,051 and 2,637,099 shares, at cost, as of December 31, 2015 and 2014, respectively (10,737) (10,679)
Additional paid-in capital 531,764 529,682
Accumulated deficit (601,913) (302,206)
Total stockholders’ (deficit) equity (80,878) 216,805
Total liabilities and stockholders’ (deficit) equity $ 546,505 $ 824,713