XML 12 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 117,098,000 $ 149,294,000
Available for sale securities 63,202,000 45,754,000
Accounts receivable, net 83,038,000 87,821,000
Prepaid expenses and other current assets 47,357,000 42,608,000
Total current assets 310,695,000 325,477,000
Premises and equipment, net 96,023,000 103,473,000
Goodwill 86,283,000 86,283,000
Intangible assets, net 146,286,000 155,432,000
Deferred tax assets, net 2,567,000 7,292,000
Other assets 11,629,000 11,255,000
Total assets 653,483,000 689,212,000
Current liabilities:    
Accounts payable and accrued expenses 75,052,000 83,135,000
Accrued litigation settlement 0 32,000,000
Current portion of long-term debt 5,945,000 5,945,000
Deferred revenue 9,626,000 8,797,000
Other current liabilities 14,299,000 19,061,000
Total current liabilities 104,922,000 148,938,000
Long-term debt, less current portion 466,510,000 467,600,000
Other non-current liabilities 9,686,000 10,480,000
Commitments, contingencies and regulatory matters (Note 20)
Equity:    
Common stock ($1.00 par value; 25,413 shares authorized and issued and 18,413 outstanding as of March 31, 2017; 25,413 shares authorized and issued and 18,774 outstanding as of December 31, 2016) 25,413,000 25,413,000
Additional paid-in capital 108,915,000 107,288,000
Retained earnings 336,527,000 333,786,000
Accumulated other comprehensive income (loss) 10,978,000 (1,745,000)
Treasury stock, at cost (7,000 shares as of March 31, 2017 and 6,639 shares as of December 31, 2016) (410,919,000) (403,953,000)
Altisource equity 70,914,000 60,789,000
Non-controlling interests 1,451,000 1,405,000
Total equity 72,365,000 62,194,000
Total liabilities and equity $ 653,483,000 $ 689,212,000