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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 87,757 $ 76,217
Accounts receivable (less allowance for doubtful accounts of $2,755 and $3,133 as of March 31, 2016 and December 31, 2015, respectively) 1,428 1,923
Inventory 369 337
Deferred tax assets 0 1,549
Prepaid corporate income taxes 4,072 6,895
Prepaid expenses and other current assets 12,574 13,170
Total current assets 106,200 100,091
Fixed assets, net 187,395 195,341
Goodwill 1,079 1,025
Intangible assets, net 162 171
Deferred tax assets 0 219
Deferred membership costs 2,485 3,029
Other assets 3,133 3,225
Total assets 300,454 303,101
Current liabilities:    
Current portion of long-term debt 11,537 2,810
Accounts payable 2,139 2,615
Accrued expenses 28,227 26,039
Accrued interest 102 129
Dividends payable 93 90
Deferred revenue 44,341 40,225
Deferred tax liabilities 0 236
Total current liabilities 86,439 72,144
Long-term debt 254,919 263,930
Dividends payable 9 28
Deferred lease liabilities 50,453 51,136
Deferred tax liabilities 61 1,593
Deferred revenue 458 319
Other liabilities 10,914 10,196
Total liabilities $ 403,253 $ 399,346
Commitments and Contingencies
Stockholders’ deficit:    
Preferred stock, $0.001 par value; no shares issued and outstanding at both March 31, 2016 and December 31, 2015
Common stock, $0.001 par value; issued and outstanding 25,614,477 and 24,818,786 shares at March 31, 2016 and December 31, 2015, respectively $ 24 $ 24
Additional paid-in capital (7,702) (8,386)
Accumulated other comprehensive loss (841) (523)
Accumulated deficit (94,280) (87,360)
Total stockholders’ deficit (102,799) (96,245)
Total liabilities and stockholders’ deficit $ 300,454 $ 303,101