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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 4,768 $ 7,268
Accounts receivable, net of allowance of $1,806 and $1,551 respectively 101,035 127,349
Employee and other receivables 635 111
Income tax deposit 1,525 2,309
Prepaid expenses and other current assets 5,410 5,671
Total current assets 113,373 142,708
Technology and equipment, net 12,453 13,176
Acquired intangibles, net 71,941 82,955
Goodwill 62,888 63,089
Deposits and other assets 2,814 3,110
Total long-term assets 137,643 149,154
Total assets 263,469 305,038
Current liabilities:    
Accounts payable and accrued transportation costs 75,071 92,025
Commissions payable 8,280 9,449
Other accrued costs 5,331 7,732
Due to former shareholders of acquired operations 50 684
Current portion of notes payable 2,416 543
Current portion of contingent consideration 3,387 1,872
Current portion of transition and lease termination liability 1,838 283
Other current liabilities 138 298
Total current liabilities 96,511 112,886
Notes payable, net of current portion 28,903 84,202
Contingent consideration, net of current portion 4,098 5,741
Transition and lease termination liability, net of current portion 658 1
Deferred rent liability 851 1,144
Deferred tax liability 12,525 15,567
Other long-term liabilities 742 1,004
Total long-term liabilities 47,777 107,659
Total liabilities 144,288 220,545
Stockholders' equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized; 839,200 shares issued and outstanding, liquidation preference of $20,980 1 1
Common stock, $0.001 par value, 100,000,000 shares authorized; 48,857,506 and 42,563,224 shares issued and outstanding, respectively 30 24
Additional paid-in capital 114,392 74,659
Deferred compensation (1) (4)
Retained earnings 4,581 10,146
Accumulated other comprehensive income (loss) 98 (395)
Total Radiant Logistics, Inc. stockholders’ equity 119,101 84,431
Non-controlling interest 80 62
Total stockholders’ equity 119,181 84,493
Total liabilities and stockholders’ equity $ 263,469 $ 305,038