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Condensed Consolidated Balance Sheet (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 48,463 $ 20,464
Restricted cash 8,122 12,162
Trade accounts receivable, net 77,767 108,479
Unbilled revenue 40,126 41,449
Prepaid and other current assets 12,612 12,008
Total current assets 187,090 194,562
Property, plant and equipment, net 34,423 37,507
Operating lease right-of-use assets 70,256 73,692
Intangible assets, net 103,042 110,807
Goodwill 196,633 219,341
Investment in associates 109 553
Deferred tax assets, net 2,782 5,251
Prepaid expenses and other non-current assets 13,140 16,370
Total assets 607,475 658,083
Current liabilities:    
Trade accounts payables 14,591 25,449
Accrued expenses 64,375 45,439
Short term debt 15,206 26,491
Current maturity of long term debt 19,142 18,233
Current maturity of operating lease obligation 18,649 19,677
Other current liabilities 39,854 37,159
Total current liabilities 171,817 172,448
Long term debt 101,626 130,144
Operating lease liabilities 52,854 54,341
Other non-current liabilities 17,378 11,140
Deferred tax liabilities, net 16,596 18,226
Total liabilities 360,271 386,299
Commitments and contingencies 0 0
Stockholders’ equity:    
Common stock, 60,000,000 non-convertible shares, $0.01 par value, authorized; 40,288,453 and 38,525,636 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 403 385
Additional paid-in capital 287,221 276,827
Accumulated deficit (77,965) (46,145)
Accumulated other comprehensive loss (9,973) (6,022)
Equity attributable to Startek shareholders 199,686 225,045
Non-controlling interest 47,518 46,739
Total stockholders’ equity 247,204 271,784
Total liabilities and stockholders’ equity $ 607,475 $ 658,083