XML 17 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 114,123 $ 149,294
Available for sale securities 46,044 45,754
Accounts receivable, net 63,177 87,821
Prepaid expenses and other current assets 59,880 42,608
Total current assets 283,224 325,477
Premises and equipment, net 80,823 103,473
Goodwill 86,283 86,283
Intangible assets, net 128,289 155,432
Deferred tax assets, net 7,214 7,292
Other assets 10,568 11,255
Total assets 596,401 689,212
Current liabilities:    
Accounts payable and accrued expenses 83,352 83,135
Accrued litigation settlement 0 32,000
Current portion of long-term debt 5,945 5,945
Deferred revenue 9,746 8,797
Other current liabilities 10,982 19,061
Total current liabilities 110,025 148,938
Long-term debt, less current portion 414,431 467,600
Other non-current liabilities 7,796 10,480
Commitments, contingencies and regulatory matters (Note 20)
Equity:    
Common stock ($1.00 par value; 100,000 shares authorized, 25,413 issued and 17,905 outstanding as of September 30, 2017; 25,413 shares authorized and issued and 18,774 outstanding as of December 31, 2016) 25,413 25,413
Additional paid-in capital 111,457 107,288
Retained earnings 342,111 333,786
Accumulated other comprehensive loss (1,533) (1,745)
Treasury stock, at cost (7,508 shares as of September 30, 2017 and 6,639 shares as of December 31, 2016) (414,668) (403,953)
Altisource equity 62,780 60,789
Non-controlling interests 1,369 1,405
Total equity 64,149 62,194
Total liabilities and equity $ 596,401 $ 689,212