0001512077-20-000012.txt : 20200706 0001512077-20-000012.hdr.sgml : 20200706 20200702190734 ACCESSION NUMBER: 0001512077-20-000012 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 99 CONFORMED PERIOD OF REPORT: 20200331 FILED AS OF DATE: 20200706 DATE AS OF CHANGE: 20200702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Global Eagle Entertainment Inc. CENTRAL INDEX KEY: 0001512077 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-35176 FILM NUMBER: 201011547 BUSINESS ADDRESS: STREET 1: 6080 CENTER DRIVE STREET 2: SUITE 1200 CITY: LOS ANGELES STATE: CA ZIP: 90045 BUSINESS PHONE: 310-437-6000 MAIL ADDRESS: STREET 1: 6080 CENTER DRIVE STREET 2: SUITE 1200 CITY: LOS ANGELES STATE: CA ZIP: 90045 FORMER COMPANY: FORMER CONFORMED NAME: Global Eagle Acquisition Corp. DATE OF NAME CHANGE: 20110203 10-Q 1 ent-10qdocumentq1x2020.htm 10-Q Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
þ
 
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 2020
OR
o
 
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
 
 
 
 
FOR THE TRANSITION PERIOD FROM __________ TO ________

COMMISSION FILE NUMBER 001-35176
geelogoa59.jpg
GLOBAL EAGLE ENTERTAINMENT INC.

(Exact name of registrant as specified in its charter)
Delaware
 
27-4757800
(State or other jurisdiction of incorporation or organization)
 
(I.R.S. Employer Identification Number)
 
 
 
6080 Center Drive, Suite 1200
 
 
Los Angeles, California
 
90045
(Address of principal executive offices)
 
(Zip Code)
Registrant’s telephone number, including area code: (310) 437-6000
Securities Registered pursuant to Section 12(b) of the Act:
Title of each class
 
Ticker
 
Name of exchange on which registered
Common Stock, $0.0001 par value
 
ENT
 
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes þ No o
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes þ No o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer
o
Accelerated filer
o
Non-accelerated filer
þ
Smaller reporting company
þ
Emerging growth company
o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes o No þ
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.
(Class)
 
(Outstanding as of June 30, 2020)
COMMON STOCK, $0.0001 PAR VALUE
 
3,753,807

SHARES



GLOBAL EAGLE ENTERTAINMENT INC.
FORM 10-Q
FOR THE QUARTER ENDED MARCH 31, 2020

TABLE OF CONTENTS




EXPLANATORY NOTE

On May 8, 2020, Global Eagle Entertainment Inc. (the “Company”) filed a Current Report on Form 8-K, and is filing this Quarterly Report on Form 10-Q (the “Quarterly Report”), in reliance on the Order of the Securities and Exchange Commission (the “SEC”), dated March 25, 2020, pursuant to Section 36 of the Securities Exchange Act of 1934 modifying exemptions from the reporting and proxy delivery requirements for public companies (Release No. 34-88465) (the “Order”).

In March 2020, the World Health Organization declared a pandemic resulting from the COVID-19 viral disease ("COVID-19").
The COVID-19 pandemic has disrupted, and continues to disrupt, the Company’s day-to-day activities, including limiting the Company’s access to facilities, as well as the day-to-day activities of the Company’s financial service providers. These disruptions have limited support from the Company’s staff and professional advisors.  This has, in turn, impacted the Company’s ability to complete and file this Quarterly Report by May 15, 2020, the original due date.



2


PART I — FINANCIAL INFORMATION
ITEM 1.    FINANCIAL STATEMENTS


3


GLOBAL EAGLE ENTERTAINMENT INC.
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(in thousands, except share and per share amounts)
 
March 31, 2020
 
December 31, 2019
ASSETS
CURRENT ASSETS:
 
 
 
Cash and cash equivalents
$
54,193

 
$
23,964

Restricted cash
703

 
498

Accounts receivable, net
82,796

 
88,219

Inventories, net
25,343

 
26,695

Prepaid expenses
4,698

 
6,753

Other current assets
12,121

 
12,839

TOTAL CURRENT ASSETS
179,854

 
158,968

Content library
4,437

 
3,645

Property and equipment, net
132,769

 
145,295

Right-of-use assets, net
35,614

 
39,187

Goodwill
137,359

 
159,607

Intangible assets, net
49,275

 
55,483

Equity method investments
64,300

 
78,886

Other non-current assets
26,868

 
27,509

TOTAL ASSETS
$
630,476

 
$
668,580

LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT LIABILITIES:
 
 
 
Accounts payable and accrued liabilities
$
188,513

 
$
178,930

Deferred revenue
9,535

 
12,317

Current portion of long-term debt and finance leases
804,575

 
15,678

Current portion of operating lease liabilities
7,169

 
8,319

Other current liabilities
10,090

 
7,081

TOTAL CURRENT LIABILITIES
1,019,882

 
222,325

Deferred revenue, non-current
86

 
86

Long-term debt and finance leases
16,805

 
757,384

Long-term operating lease liabilities
21,739

 
23,636

Deferred tax liabilities
4,019

 
5,894

Other non-current liabilities
23,796

 
34,409

TOTAL LIABILITIES
1,086,327

 
1,043,734

COMMITMENTS AND CONTINGENCIES

 

STOCKHOLDERS’ DEFICIT:
 
 
 
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, no shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

 

Common stock, $0.0001 par value; 375,000,000 shares authorized, 3,989,188 and 3,837,920 shares issued, 3,867,043 and 3,715,775 shares outstanding, at March 31, 2020 and December 31, 2019, respectively
10

 
10

Treasury stock, 122,145 shares at March 31, 2020 and December 31, 2019
(30,659
)
 
(30,659
)
Additional paid-in capital
820,239

 
818,961

Subscriptions receivable
(597
)
 
(597
)
 Accumulated deficit
(1,245,113
)
 
(1,162,901
)
 Accumulated other comprehensive loss
269

 
32

TOTAL STOCKHOLDERS’ DEFICIT
(455,851
)
 
(375,154
)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT
$
630,476

 
$
668,580


The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.


4


GLOBAL EAGLE ENTERTAINMENT INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(in thousands, except per share amounts)
 
Three Months Ended March 31,
 
2020
 
2019
Revenue:
 
 
 
Licensing and services
$
135,645

 
$
150,478

Equipment
8,520

 
16,141

Total revenue
144,165

 
166,619

Cost of sales:
 
 
 
Licensing and services
113,284

 
123,269

Equipment
7,523

 
10,925

Total cost of sales
120,807

 
134,194

Gross margin
23,358

 
32,425

Operating expenses:
 
 
 
Sales and marketing
5,340

 
8,249

Product development
5,963

 
6,979

General and administrative
30,576

 
27,980

Provision for legal settlements

 
508

Amortization of intangible assets
6,142

 
7,799

Goodwill impairment
22,130

 

Total operating expenses
70,151

 
51,515

Loss from operations
(46,793
)
 
(19,090
)
Other (expense) income:
 
 
 
Interest expense, net
(22,587
)
 
(21,277
)
Income (loss) from equity method investments including impairment losses
(10,858
)
 
2,129

Change in fair value of derivatives
207

 
938

Other income (expense), net
232

 
(179
)
Loss before income taxes
(79,799
)
 
(37,479
)
Income tax expense
1,126

 
130

Net loss
$
(80,925
)
 
$
(37,609
)
 
 
 
 
Net loss per share – basic and diluted
$
(21.77
)
 
$
(10.23
)
Weighted average shares outstanding – basic and diluted
3,718

 
3,673


The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.


5


GLOBAL EAGLE ENTERTAINMENT INC.
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED)
(in thousands)

 
 
Three Months Ended March 31,
 
 
2020
 
2019
Net loss
 
$
(80,925
)
 
$
(37,609
)
Other comprehensive income (loss):
 
 
 
 
Unrealized foreign currency translation adjustments
 
237

 
233

Comprehensive loss
 
$
(80,688
)
 
$
(37,376
)

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.



6


GLOBAL EAGLE ENTERTAINMENT INC.
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT (UNAUDITED)
(in thousands)

 
Common Stock
 
 Treasury Stock
 
Additional
 
Subscriptions
 
Accumulated
 
Accumulated Other
 
Total
 
Shares
 
Amount
 
Shares
 
 Amount
 
Paid-in Capital
 
Receivable
 
Deficit
 
Comprehensive Loss
 
Stockholders’ Deficit
Balance at December 31, 2019
3,838

 
$
10

 
(122
)
 
$
(30,659
)
 
$
818,961

 
$
(597
)
 
$
(1,162,901
)
 
$
32

 
$
(375,154
)
Restricted stock units vested and distributed, net of tax
29

 

 

 

 
(61
)
 

 

 

 
(61
)
Stock-based compensation

 

 

 

 
1,339

 

 

 

 
1,339

Impact of adoption of ASU 2016-02

 

 

 

 

 

 
(1,287
)
 

 
(1,287
)
Net loss

 

 

 

 

 

 
(80,925
)
 

 
(80,925
)
Unrealized foreign currency translation adjustments

 

 

 

 

 

 

 
237

 
237

Balance at March 31, 2020
3,867

 
$
10

 
(122
)
 
$
(30,659
)
 
$
820,239

 
$
(597
)
 
$
(1,245,113
)
 
$
269

 
$
(455,851
)

 
Common Stock
 
 Treasury Stock
 
Additional
 
Subscriptions
 
Accumulated
 
Accumulated Other
 
Total
 
Shares
 
Amount
 
Shares
 
 Amount
 
Paid-in Capital
 
Receivable
 
Deficit
 
Comprehensive Loss
 
Stockholders’ Deficit
Balance at December 31, 2018
3,793

 
$
10

 
(122
)
 
$
(30,659
)
 
$
814,488

 
$
(597
)
 
$
(1,009,458
)
 
$
(119
)
 
$
(226,335
)
Restricted stock units vested and distributed, net of tax
45

 

 

 

 
(117
)
 

 

 

 
(117
)
Stock-based compensation

 

 

 

 
2,389

 

 

 

 
2,389

Net loss

 

 

 

 

 

 
(37,609
)
 

 
(37,609
)
Tax effect relating to the beneficial conversion feature of Second Lien Notes

 

 

 

 
(2,688
)
 

 

 

 
(2,688
)
Unrealized foreign currency translation adjustments

 

 

 

 

 

 

 
233

 
233

Balance at March 31, 2019
3,838

 
$
10

 
(122
)
 
$
(30,659
)
 
$
814,072

 
$
(597
)
 
$
(1,047,067
)
 
$
114

 
$
(264,127
)

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.


7

GLOBAL EAGLE ENTERTAINMENT INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
(In thousands)


 
Three Months Ended March 31,
 
2020
 
2019
OPERATING ACTIVITIES:
 
 
 
Net loss
$
(80,925
)
 
$
(37,609
)
Adjustments to reconcile net loss to net cash used in operations:
 
 
 
Depreciation and amortization
19,712

 
21,952

Amortization of right-of-use asset
1,933

 

Amortization of content library
2,134

 
1,974

Non-cash interest expense, net
7,953

 
6,868

Change in fair value of derivatives
(207
)
 
(938
)
Stock-based compensation
1,128

 
1,289

Impairment of goodwill
22,130

 

Tax effect of Second Lien Notes’ beneficial conversion feature

 
(2,688
)
Loss on disposal of fixed assets
453

 
164

(Gain) loss on equity method investments including impairment losses
10,858

 
(2,129
)
Provision for expected credit losses
2,987

 
393

Deferred income taxes
(1,870
)
 
(8
)
Other non-cash adjustments
(2,138
)
 
1,347

Changes in operating assets and liabilities:
 
 
 
Accounts receivable
1,149

 
(9,567
)
Inventories
3,489

 
416

Prepaid expenses and other current assets
6,448

 
(2,979
)
Content library
(2,768
)
 
(647
)
Other non-current assets
522

 
(7,310
)
Accounts payable and accrued liabilities
9,616

 
9,473

Deferred revenue
(2,782
)
 
727

Other liabilities
(3,512
)
 
9,041

Net cash used in operating activities
(3,690
)
 
(10,231
)
INVESTING ACTIVITIES:
 
 
 
Purchases of property and equipment
(1,477
)
 
(9,083
)
Net cash used in investing activities
(1,477
)
 
(9,083
)
FINANCING ACTIVITIES:
 
 
 
Proceeds from borrowings on revolving credit facility
44,300

 
17,900

Repayment of revolving credit facility
(7,000
)
 
(21,000
)
Repayments of indebtedness
(2,070
)
 
(3,324
)
Borrowings from related party

 
7,350

Net cash provided by financing activities
35,230

 
926

Effects of exchange rate changes on cash, cash equivalents and restricted cash
371

 
265

Net increase (decrease) in cash, cash equivalents and restricted cash
30,434

 
(18,123
)
Cash, cash equivalents and restricted cash at beginning of period
24,462

 
39,955

Cash, cash equivalents and restricted cash at end of period
$
54,896

 
$
21,832

SIGNIFICANT NON-CASH ACTIVITIES:
 
 
 
Purchase consideration for equipment included in accounts payable
$
195

 
$
2,481

Conversion of PIK interest on our Second Lien Notes to additional principal
10,682

 
9,507

Financing of purchased satellite transponders included in property and equipment

 
8,500


The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.


8


GLOBAL EAGLE ENTERTAINMENT INC.
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Note 1.    Overview

Global Eagle Entertainment Inc. is a Delaware corporation headquartered in Los Angeles, California. Global Eagle (together with its subsidiaries, “Global Eagle” or the “Company”, “we”, “us” or “our”) is a leading provider of media and satellite-based connectivity to fast-growing, global mobility markets across air, land and sea. Global Eagle offers a fully integrated suite of rich media content and seamless connectivity solutions around the globe.

Our Chief Executive Officer, the Company’s chief operating decision-maker (“CODM”), evaluates financial performance and allocates resources by reviewing revenue, costs of sales and contribution profit separately for our two operating segments: (i) Media & Content, and (ii) Connectivity.

The Company’s Annual Report on Form 10-K for the year ended December 31, 2019 (the “Annual Report”) included the Company’s conclusion that, factors evaluated by the Company, including historical losses and negative cash flows from operations, government and industry-imposed travel restrictions in the aviation and maritime industries the Company services, ability to maintain and meet debt covenants in future periods, and the Company’s ability to satisfy existing debt obligations and paydown past due accounts payable over the next year, raised substantial doubt as to the Company’ ability to continue as a going concern for a period within 12 months following May 15, 2020. In the Annual Report, the Company’s independent auditors also included a “going concern” explanatory paragraph in their report as of and for the year ended December 31, 2019. As a result, the Company was required to seek covenant amendments from its lenders as well as temporary deferral of principal and interest payments. Please refer to Note 2. Basis of Presentation and Summary of Significant Accounting Policies for the Company’s going concern assessment with respect to the quarter ended March 31, 2020 and additional details on covenant compliance and amendments.

Note 2.    Basis of Presentation and Summary of Significant Accounting Policies

The following is a summary of the significant accounting policies consistently applied in the preparation of the accompanying unaudited condensed consolidated financial statements.

Basis of Presentation
In the opinion of the Company's management, the unaudited interim condensed consolidated financial statements have been prepared on the same basis as the Company's audited consolidated financial statements for the year ended December 31, 2019, and include normal recurring adjustments necessary for the fair presentation of the Company's interim unaudited condensed consolidated financial statements for the three months ended March 31, 2020. The results for the three months ended March 31, 2020 are not necessarily indicative of the results expected for the full 2020 fiscal year. The consolidated balance sheet as of December 31, 2019 has been derived from the Company's audited balance sheet included in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on May 15, 2020 (the "2019 Form 10-K").

The interim unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to SEC Form 10-Q and Article 10 of SEC Regulation S-X. They do not include all of the information and footnotes required by GAAP for complete audited financial statements. Therefore, these interim unaudited condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto included in the 2019 Form 10-K.

Principles of Consolidation
The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated.

Liquidity, Going Concern and Management’s Plan
The impact of the COVID-19 pandemic on the global travel industry created an urgent liquidity crisis for the airline, cruise ship and other maritime industries, which created follow-on impact for the Company. As of March 31, 2020, our principal source of liquidity was our cash and cash equivalents of approximately $54.2 million. In addition, we had approximately $0.7 million of restricted cash, which amount is excluded from the $54.2 million of cash and cash equivalents, and was attached to letters of credit between our subsidiaries and certain customers. Our cash is invested primarily in cash and money market funds in banking


9


institutions in the U.S., Canada and Europe and to a lesser extent in Asia Pacific. Our total debt balance increased from $773.1 million at December 31, 2019 to $821.4 million at March 31, 2020. This was primarily driven by the February 2020 draw down of the remaining $41.8 million under our Senior Secured Revolving Credit Facility (“Revolving Credit Facility”) with a corresponding increase in our cash on hand. As of June 30, 2020, we had approximately $30.7 million of cash and cash equivalents.

Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 205-40, Presentation of Financial Statements - Going Concern, requires that an entity’s management evaluate whether there are relevant events and conditions that in aggregate initially indicate that it will not be able to meet its obligations as they become due within one year after the date that the financial statements are issued, and therefore raise substantial doubt about the entity’s ability to continue as a going concern. The Company has evaluated events and conditions as further described below, including historical losses and negative cash flows from operations, government and industry-imposed travel restrictions in the aviation and maritime industries that the Company services, and the Company’s projected future violations of the covenants contained in its existing indebtedness, including the maximum consolidated first lien net leverage ratio (“Maximum First Lien Leverage”) and a covenant requiring it to maintain minimum levels of undrawn revolving commitments plus cash and cash equivalents (“Minimum Liquidity”) contained in its Senior Secured Credit Agreement entered into on January 6, 2017 (as amended, the “2017 Credit Agreement”). These events and conditions have raised substantial doubt of the Company’s ability to satisfy existing debt obligations and paydown past due accounts payable and other obligations as they become due in the next 12 months

Our customers in the airline, cruise ship and other maritime industries, have been heavily impacted by the COVID-19 pandemic, through travel restrictions, government and business-imposed shutdowns or other operating issues resulting from the pandemic. We continue to analyze the potential impacts of the conditions and events arising from the ongoing COVID-19 pandemic.

The Company’s principal sources of liquidity have historically been its debt and equity issuances, and its cash and cash equivalents. The Company’s long-term ability to continue as a going concern is dependent on its ability to comply with the covenants in its indebtedness, increase revenue, reduce costs and deliver satisfactory levels of profitable operations. A substantial amount of the Company's cash requirements is for debt service obligations. The Company has generated substantial historic operating losses.

The Company has incurred net losses and had negative cash flows from operations for the first quarter ended March 31, 2020 primarily as a result of the negative operating impact of COVID-19. Net cash used in operations was $3.7 million for the three months ended March 31, 2020 which included cash paid for interest of $14.6 million. Working capital deficiency “(defined as current assets less current liabilities)” increased by $776.7 million, to $840.0 million as of March 31, 2020, compared to $63.4 million as of December 31, 2019, primarily due to the classification of all applicable long term debt as current liabilities at March 31, 2020.

The Company's current forecast indicates it will continue to incur net losses and generate negative cash flows from operating activities as a result of the Company's indebtedness, significant related interest expense and significant decline in customer demand due to COVID-19, which negatively impacts the Company’s business and results of operations. The Company was in compliance with all lender covenants for the period ended March 31, 2020. However, in anticipation of failing the Maximum First Lien Leverage covenant, the Company sought and was granted a waiver over such covenant on April 15, 2020 in connection with the Tenth Amendment to the 2017 Credit Agreement (the “Tenth Amendment to 2017 Credit Agreement”), while the lenders added an additional covenant at that time, namely the Minimum Liquidity covenant. Moreover, based on current projections, management believes it is probable that the Company will not comply with the Minimum Liquidity covenant and the Maximum First Lien Leverage covenant in the 2017 Credit Agreement during the remainder of the fiscal year. Due to these factors and the cross-default provisions contained in our other debt, which would be triggered upon acceleration of debt under the 2017 Credit Agreement, effective as of the March 31, 2020 balance sheet, the Company classified all applicable long-term debt as current. This treatment follows the guidance of ASC 470-10-45 applicable to the classification of second lien debt and convertible notes when the obligation includes a subjective acceleration clause. The Company’s management determined that the likelihood of subjective acceleration is probable in the Company’s Securities Purchase Agreement governing the Second Lien Notes and Convertible Notes which allows the creditors to accelerate the scheduled maturities of the obligations under conditions that are not objectively determinable.

Additionally, the Company’s projected failure to comply with certain covenants in the 2017 Credit Agreement and the Securities Purchase Agreement governing our Second Lien Notes, which include covenants in the 2017 Credit Agreement requiring us to (i) satisfy the Maximum First Lien Leverage ratio, which ratio was waived for the fiscal quarter ended March 31, 2020 and (ii) maintain Minimum Liquidity, could result in an event of default on our debt. The Securities Purchase Agreement and the terms of the Company’s 2.75% Convertible Notes due 2035 (the “Convertible Notes”) do not include covenants related to maintenance of


10


Maximum First Lien Leverage or Minimum Liquidity; however, both the Securities Purchase Agreement and terms of the Convertible Notes contain cross-default provisions based on an acceleration of material indebtedness (including indebtedness under the 2017 Credit Agreement) and certain payment defaults under material indebtedness. As discussed above, on April 15, 2020, the Company entered into the Tenth Amendment to the 2017 Credit Agreement and obtained, among other amendments and waivers, a waiver to our Maximum First Lien Leverage covenant for the quarter ended March 31, 2020 and the addition of a Minimum Liquidity covenant. This Minimum Liquidity covenant imposes substantial limits on our ability to make investments in our business. In addition, we may be limited in our ability to pay all of our required debt and interest payments on our indebtedness and our other operating expenses while remaining in compliance with this Minimum Liquidity covenant.

If the Company is unable to comply with the covenants contained in its debt agreement or obtain a waiver or an amendment from its lenders, or take other remedial measures, the Company will be in default under the credit facilities, which would enable the lenders thereunder to accelerate the repayment of amounts outstanding and exercise remedies with respect to the collateral. If the Company’s lenders under our credit facilities demand immediate payment, we will not have sufficient cash to repay such indebtedness. In addition, as discussed above, certain payment defaults under our credit facilities or the lenders accelerating their claims thereunder would trigger cross-default provisions in our other indebtedness and certain other operating agreements.  Furthermore, failure to meet our borrowing conditions under our Revolving Credit Facility could materially and adversely impact our liquidity.

The Company’s management has plans in-place, and is working with outside advisors, to address the substantial doubt about the Company’s ability to continue as a going concern. Mitigating actions implemented in the first quarter include temporary salary reductions for all employees, including executive offices and the Company’s Board of Directors, negotiations with both customers and vendors to revise existing contracts to current activity levels and executing substantial reductions in capital expenditures and overall costs. Mitigating actions that continue to be implemented include:

Restructure debt covenants with lenders, including deferral of amortization and interest payments;
Continue reduction of overall workforce to match revenue streams;
Deferral of annual merit increases;
Relocation of worldwide operating facilities to reduce ongoing costs;
Renegotiation of satellite lease terms, bandwidth terminations and payment deferrals;
Negotiation of studio rate reductions and airline relief packages;
Pursue complete restructuring of our capital-and-cost structure;
Accelerate Wireless Maritime Services, LLC (“WMS”) dividend payments; and
Continue to pursue the disposition of the Company’s 49% interest in WMS.

In addition, the Company’s management is pursuing actions to maximize cash available to meet the Company’s obligations as they become due in the ordinary course of business, including (i) executing additional substantial reductions in expenses, capital expenditures and overall costs; (ii) applying for all eligible global government and other initiatives available to businesses or employees impacted by the COVID-19 pandemic, primarily through payroll and wage subsidies and deferrals; (iii) submitting applications for U.S. Treasury Loans through the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. There is no assurance that our applications will be approved or that any sources of financings under the CARES Act will be available to us on favorable terms or at all; and (iv) accessing alternative sources of capital, in order to generate additional liquidity. These actions are intended to mitigate those conditions which raise substantial doubt of the Company’s ability to continue as a going concern. While the Company continues to work toward completing these items and taking other actions to create additional liquidity and comply with the payment and other covenants set forth in its debt agreements, there is no assurance that the Company will be able to do so. The Company’s ability to meet its obligations as they become due in the ordinary course of business for the next 12 months will depend on its ability to achieve improved results, its ability to generate and conserve cash, its ability to obtain necessary waivers from lenders and other equity stakeholders to achieve sufficient cash interest savings therefrom and its ability to complete other liquidity-generating transactions. Based on the uncertainty of achieving these actions the Company’s management has determined that the substantial doubt about the Company’s ability to continue as a going concern within one year from the issuance date of this Quarterly Report on Form 10-Q has not been alleviated. The unaudited condensed consolidated financial statements do not include any adjustments that may result from the possible inability of the Company to continue as a going concern for at least the next 12 months from the issuance of these financial statements.

We have engaged financial and legal advisors to assist us in, among other things, analyzing various strategic alternatives to address our liquidity and capital structure, including strategic and refinancing alternatives to restructure our indebtedness in private


11


transactions. If the negative impact from COVID-19 continues, if the Company is unable to successfully complete the actions described in the paragraph above or otherwise generate incremental liquidity, or if there is not otherwise a material improvement in our business, results of operations and liquidity, we may be forced to further reduce or delay our business activities and capital expenditures, sell material assets, seek additional capital or be required to file for bankruptcy court protection. . Due to our current financial constraints, there is a substantial risk that it may be necessary for us to seek protection under Chapter 11 of the United States Bankruptcy Code.

Additionally, the 2017 Credit Agreement includes a requirement that we receive an opinion from our auditors in connection with our year-end audit that is not subject to a “going concern” or like qualification or exception. In addition to the waiver discussed above, the Tenth Amendment to the 2017 Credit Agreement also provided a waiver related to obtaining a “going concern” or like qualification or exception in the report of the Company’s independent registered public accounting firm for the Company’s year-end December 31, 2019 financial statements. We cannot be assured that we will be able to obtain additional covenant waivers or amendments in the future which may have a material adverse effect on the Company’s results of operations or liquidity.

Revenue Recognition
The Company accounts for a contract with a customer when an approved contract exists, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and the collectability of substantially all of the consideration is probable. Revenue is recognized as the Company satisfies performance obligations by transferring a promised good or service to a customer (see further discussion in Note 3. Revenue Recognition).

Deferred revenue consists substantially of amounts received from customers in advance of the Company’s performance service period and of fees deferred for future support services. Deferred revenue is recognized as revenue on a systematic basis that is proportionate to the period that the underlying services are rendered, which in a majority of arrangements is straight line over the remaining contractual term.

The Company’s management constrains the estimates to reduce the probability of a significant revenue reversal in future periods, allocates variable consideration to the identified performance obligations and recognizes revenue in the period the services are provided. Estimates are based on historical experience, anticipated future performance, market conditions and the best judgment at the time. For the three months ended March 31, 2020, the Company’s estimates included management’s assumptions for the impact of COVID-19, which includes significant decline in flight levels. A significant change in one or more of these estimates could affect the estimated contract value. For example, estimates of variable revenue within certain contracts require estimation of the number of sessions or megabytes that will be purchased over the contract term and the average revenue per connectivity session, which varies based on the connectivity options available to passengers on each airline. Estimated revenue under these contracts anticipates increases in take rates over time and assumes an average revenue per session consistent with our historical experience. The estimated contract revenue may differ significantly from the initial estimates to the extent actual take rates and average revenue per session differ from the Company’s historical experience.

Valuation of Goodwill and Intangible Assets

The Company performs valuations of assets acquired and liabilities assumed on each acquisition accounted for as a business combination and allocates the purchase price of each acquired business to its respective net tangible and intangible assets and liabilities. Acquired intangible assets principally consist of technology, customer relationships, backlog and trademarks. Liabilities related to intangibles principally consist of unfavorable vendor contracts. The Company determines the appropriate useful life by performing an analysis of expected cash flows based on projected financial information of the acquired businesses. Intangible assets are amortized over their estimated useful lives using the straight-line method, which approximates the pattern in which the majority of the economic benefits are expected to be consumed. Intangible liabilities are amortized into cost of sales ratably over their expected related revenue streams over their useful lives.

Goodwill represents the excess of the cost of an acquired entity over the fair value of the acquired net assets. The Company does not amortize goodwill but evaluates it for impairment at the reporting unit level annually during the fourth quarter of each fiscal year (as of December 31 of that quarter) or when an event occurs or circumstances change that indicates the carrying value may not be recoverable. An impairment loss will be recognized for the amount by which the reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill in that reporting unit.



12


For the quarter ended March 31, 2020, the Company identified a triggering event due to a significant decline in the market capitalization of the Company and results of operations as result of the uncertainty related to the COVID-19 pandemic. Accordingly, the Company assessed the fair value of its three reporting units as of March 31, 2020 and recorded a goodwill impairment charge of $22.1 million related to its Maritime & Land Connectivity reporting unit. This impairment was primarily due to first quarter results resulting in a revised forecast for the reporting unit, due primarily to impacts of COVID-19 outbreak on our cruise and yacht channels, coupled with the loss of a Brazilian government customer and continuation of exiting the mobile network operation channel. Given these indicators, the Company then determined that there was a higher degree of uncertainty in achieving its financial projections for this unit and as such, performed a full revision of its forecasted cash flows to consider the impacts of COVID-19 (as further discussed below) and increased its discount rate, which reduced the fair value of the reporting unit.

To determine the fair value of our reporting units and test for impairment, we utilized an income approach (discounted cash flow method), as we believe this is the most direct approach to incorporate the specific economic attributes and risk profiles of our reporting units into our valuation model. Historically we have used the market approach, however, due to the uncertainty related to COVID-19, management did not use this method in the current quarter analysis. However, to the extent market indicators of fair value become available, we consider such market indicators as well as market participant assumptions in our discounted cash flow analysis and determination of fair value. The discounted cash flow methodology is based, to a large extent, on assumptions about future events, which may or may not occur as anticipated, and such deviations could have a significant impact on the calculated estimated fair values of our reporting units. These assumptions included the use of significant unobservable inputs, representative of a Level 3 fair value measurement, and included, but were not limited to, estimates of discount rates, future growth rates and terminal values for each reporting unit.
The discounted cash flow analysis for each of our reporting units included forecasted cash flows over a four-year forecast period (2020 through 2023), with our 2020 management budget used as the basis for our projections. These forecasted cash flows took into consideration historical and recent results, and near-term prospects and management’s outlook for the future. A terminal value was also calculated using a terminal value growth assumption to derive the annual cash flows after the discrete forecast period. A reporting unit specific discount rate was applied to the forecasted cash flows and terminal cash flows to determine the discounted future cash flows, or fair value, of each reporting unit. Our assessment took into consideration the changes in the projections discussed above and reflected the increased market risk surrounding the execution of those projections and adjusted our cost of capital assumptions to be in-line with recent market indicators for our company and industry. These increases in cost of capital and risk premium assumptions resulted in a significant increase in our discount rates utilized for purposes of determining our discounted cash flows and reduced the estimated fair values of our reporting units.
Investments in Equity Affiliates
Wireless Maritime Services, LLC (“WMS”)

In connection with the EMC Acquisition, the Company acquired a 49% equity interest in WMS, which interest EMC owned at the time of the EMC Acquisition. The remaining 51% equity interest in WMS is owned by an unaffiliated U.S. company (the “WMS third-party investor”), which is the managing member of WMS and is responsible for its day-to-day management and operations. Certain matters, including determination of capital contributions and distributions and business plan revisions, require approval of WMS’s board of directors, which consists of five voting members, three of which are appointed by the WMS third-party investor and two of which are appointed by the Company. Profits and losses for any fiscal year are allocated between the Company and the WMS third-party investor in proportion to their respective ownership interests, after giving effect to any special allocations made pursuant to the WMS operating agreement. EMC’s carrying value of the investment in WMS was adjusted to fair value as a result of the EMC Acquisition. The excess of the fair value over the underlying equity in net assets of WMS is primarily comprised of amortizable intangible assets and nonamortizable goodwill. The Company’s carrying value in its investment in WMS was subsequently adjusted for contributions, distributions. net income (loss) attributable to WMS, the amortization of the cost basis difference associated with the amortizable intangible assets, and impairment.

Santander Teleport S.L. (“Santander”)

Also in connection with the EMC Acquisition, the Company acquired an equity interest in a teleport in Santander, Spain, which provides various telecommunication services, including teleport and terrestrial services (EMC owned this interest at the time of the EMC Acquisition). The Company is a significant customer of, and holds a 49% equity interest in Santander, and the remaining 51% is held by an unaffiliated Spanish company (the “Santander third-party investor”). The Santander third-party investor is responsible for the day-to-day management and operations of Santander. Some matters—such as the determination of capital contributions, capital expenditures over budget and distributions—require approval of Santander’s board of directors, which


13


consists of five voting members, three of which are appointed by the Santander third-party investor and two of which are appointed by the Company. Profits and losses for any fiscal year are allocated between the Company and the Santander third-party investor in proportion to their respective ownership interests. The carrying value of the Company’s investment in Santander approximated its fair value on the date the Company acquired EMC and was subsequently adjusted for contributions, distributions, and net income (loss) attributable to Santander, and impairment. As a result of decreased demand due to COVID-19 and seeking additional cost savings initiatives, the Company is evaluating its ongoing participation in the equity method investment from an operating and ownership perspective.

Impairment of Equity Method Investments

To determine the fair value of our equity method investments and test for impairment, we utilized an income approach (discounted cash flow method), as we believe this is the most direct approach to incorporate the specific economic attributes and risk profiles of our businesses into our valuation model. We generally do not utilize a market approach given the lack of relevant information generated by market transactions involving comparable businesses. However, to the extent market indicators of fair value become available, we consider such market indicators as well as market participant assumptions in our discounted cash flow analysis and determination of fair value. The discounted cash flow methodology is based, to a large extent, on assumptions about future events, which may or may not occur as anticipated, and such deviations could have a significant impact on the calculated estimated fair values of our equity method investments. These assumptions included the use of significant unobservable inputs, representative of a Level 3 fair value measurement, and included, but were not limited to, estimates of discount rates, future growth rates and terminal values for each equity method investment.

During the first quarter of 2020, in accordance with ASC 323, Investments-Equity Method and Joint Ventures, the Company’s management completed an assessment of the recoverability of the equity method investments. They determined the carrying value of the interests in the WMS and Santander joint ventures exceeded their estimated fair value of the Company’s interests, which management concluded was other than temporary. The Company recorded an impairment charge of $10.1 million and $3.0 million relating to its WMS and Santander equity investments, respectively. This WMS impairment was primarily the result of lower than expected financial results for the quarter ended March 31, 2020 due to the uncertainty related to the impacts of the COVID-19 pandemic on the cruise industry. This resulted in a decline in operating performance which is not expected to be recovered in the foreseeable future, causing Company’s management to reduce the financial projections for the WMS business for the remainder of 2020 and beyond. The Santander impairment was primarily the result of a reduction in forecasted financial results for Santander due to the Company’s efforts to reduce costs by shifting certain teleport and related network operations support services away from this joint venture to other vendors. This resulted in a reduction in the financial projections for the remainder of 2020 and beyond. The other than temporary impairments recognized are in addition to the MEG Connectivity reporting unit goodwill impairment recognized for the quarter ended March 31, 2020.

The discounted cash flow analysis for each of our equity method investments included forecasted cash flows over a long-term forecast period (2020 through 2030). These forecasted cash flows took into consideration historical and recent results, a lack of sustained earnings, a deterioration of market conditions, primarily as a result of COVID-19, and management's prospective outlook. A terminal value was calculated using a terminal value growth assumption to derive the annual cash flows after the discrete forecast period. A specific discount rate was applied to the forecasted cash flows and terminal cash flows to determine the discounted future cash flows, or fair value, of each equity method investment. Our assessment took into consideration probability weighted scenarios using the above assumptions. We utilized an independent analysis to assist in our determination of fair value of our equity method investments.

Short-Term Investments
In March 2020, the Company purchased commercial paper with nominal value of $30.0 million for an initial investment of $29.9 million with maturities ranging from 29 to 71 days. Due to their short-term maturity, these investments were classified as cash and cash equivalents. At March 31, 2020, the amortized cost of the investment was $29.9 million. There were no credit losses on the investment as of March 31, 2020.

Income Taxes
Deferred income tax assets and liabilities are recognized for temporary differences between the financial statement carrying amounts of assets and liabilities and the amounts that are reported in the income tax returns. Deferred taxes are evaluated for realization on a jurisdictional basis. The Company records valuation allowances to reduce deferred tax assets to the amount that is more likely than not to be realized. In making this assessment, management analyzes future taxable income, reversing temporary differences


14


and ongoing tax planning strategies. Should a change in circumstances lead to a change in judgment about the realizability of deferred tax assets in future years, the Company will adjust related valuation allowances in the period that the change in circumstances occurs, along with a corresponding increase or charge to income.

The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained upon examination by the taxing authorities based on the technical merits of the Company’s position. The tax benefit recognized in the financial statements for a particular tax position is based on the largest benefit that is more likely than not to be realized. The amount of unrecognized tax benefits (UTBs) is adjusted as appropriate for changes in facts and circumstances, such as significant amendments to existing tax laws, new regulations or interpretations by the taxing authorities, new information obtained during a tax examination, or resolution of an examination. The Company recognizes both accrued interest and penalties associated with uncertain tax positions as a component of Income tax (benefit) expense in the Condensed Consolidated Statements of Operations.

Adoption of New Accounting Pronouncements
On January 1, 2020, we adopted ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which requires the measurement and recognition of expected credit losses for financial assets held at amortized cost.
The cumulative effect adjustment from using the modified retrospective approach for the adoption of ASC 326 impacted our unaudited condensed consolidated balance sheet as of January 1, 2020 by the recognition of allowance for credit losses as summarized below:
 
Balances at December 31, 2019
 
Impact of ASC 326
 
Balances Following Adoption of ASC 326
Assets
 
 
 
 
 
Accounts receivable
$
88,219

 
$
(503
)
 
$
87,716

Other current assets
$
12,839

 
$
(111
)
 
$
12,728

Other non-current assets
$
27,509

 
$
(673
)
 
$
26,836

Equity
 
 
 
 
 
Accumulated deficit
$
(1,162,901
)
 
$
(1,287
)
 
$
(1,164,188
)

Refer to Note 8. Credit Loss Reserve and Allowances for further details.

In November 2019, the FASB issued ASU No. 2019-8, Compensation - Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Codification Improvements - Share-Based Consideration Payable to a Customer, which expedites the improvement process of the amendments and increase stakeholder awareness in ASU 2018-07, Compensation - Stock Compensation (Topic 718); Improvements to Nonemployee Share-Based Payment Accounting. The Company adopted ASU No. 2019-18 beginning January 1, 2020. The adoption of this standard did not have a material impact on its unaudited condensed consolidated financial statements.

In March 2019, the FASB issued ASU No. 2019-01, Leases (Topic 842): Codification Improvements, to provide clarifications on ASC 842 and to correct unintended application of the guidance. The amendments in this update include the following items brought to FASB’s attention through those interactions with stakeholders: (i) determining the fair value of the underlying asset by lessors that are not manufacturers or dealers; (ii) presentation on the statement of cash flows—sales-type and direct financing leases; and (iii) transition disclosures related to Topic 250, Accounting Changes and Error Corrections. The Company adopted ASU No. 2019-01 beginning January 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements.
In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement, which modifies the disclosure requirements on fair value measurements by removing, modifying, or adding certain disclosures for fair value measurements. The Company adopted ASU No. 2018-13 beginning January 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements.


15


Recently Issued Accounting Pronouncements
In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The purpose of ASU 2020-04 is to provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. More specifically, the amendments in ASU 2020-04 provide optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments in ASU 2020-04 are effective as of March 12, 2020 through December 31, 2022. This guidance was effective upon issuance, as a result the Company adopted the guidance in the first quarter of fiscal 2020 and there was no financial impact on the Condensed Consolidated Financial Statements upon adoption.

In January 2020, the FASB issued ASU 2020-01, Investments-Equity Securities (Topic 321), Investments-Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) - Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 (a consensus of the Emerging Issues Task Force). The new guidance clarifies the application of measurement alternatives and the accounting for certain forward contracts and purchased options to acquire investments. The ASU is effective for the Company beginning December 15, 2020, with early adoption permitted. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements.

In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, which identifies, evaluates and improves areas of GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The ASU is effective for the Company beginning January 1, 2021, with early adoption permitted. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements.

Note 3.    Revenue Recognition

The Company accounts for a contract with a customer when an approved contract exists, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and the collectability of substantially all of the consideration is probable. Revenue is recognized as the Company satisfies performance obligations by transferring a promised good or service to a customer.

Deferred revenue consists substantially of amounts received from customers in advance of the Company’s performance service period and of fees deferred for future support services. Deferred revenue is recognized as revenue on a systematic basis that is proportionate to the period that the underlying services are rendered, which in a majority of arrangements is straight line over the remaining contractual term.

Our assessments regarding the timing of transfer of control and revenue recognition for our two operating segments are summarized below:

Media & Content – specific to the sale and/or licensing of media content and the related technical services, such as digital delivery of media advertising, encoding of video and music products, development of graphical interfaces and provision of materials, we consider control to have transferred when: (i) the content has been delivered, and (ii) the services required under the contract have been performed. Revenue recognition is dependent on the nature of the customer contract. Content licenses to customers are typically categorized into usage-based or flat fee-based fee structures. For usage-based fee structures, revenue is recognized as the usage occurs. For flat-fee based structures, revenue is recognized upon the available date of the license, typically at the beginning of each cycle, or straight-line over the license period.

Connectivity – we provide satellite-based Internet services and related technical and network support services, as well as the physical equipment to enable connectivity.

(i) For Aviation, the revenue is recognized over time as control is transferred to the customer (i.e. the airline), which occurs continuously as customers receive the bandwidth services. Equipment revenue is recognized when control passes to the customer, which is at the later of shipment of the equipment to the customer or obtaining regulatory certification for the operation of such equipment, as applicable.



16


(ii) For Maritime and Land, revenue is recognized over time as the customer receives the bandwidth services. Equipment revenue is recognized when control passes to the customer, which is typically from shipment of the equipment to the customer. In bandwidth arrangements where the equipment is leased, equipment revenue is determined and recognized in accordance with the assessed lease classification.

Certain of the Company’s contracts involve a revenue sharing or reseller arrangement to distribute the connectivity services. The Company assesses these services under the principal versus agent criteria and determined that the Company acts in the role of an agent and accordingly records such revenues on a net basis.

The following table represents a disaggregation of the Company’s revenue from contracts with customers for the three months ended March 31, 2020 and 2019 (in thousands):
 
 
Three Months Ended March 31,
 
 
2020
 
2019
Revenue:
 
 
 
 
Media & Content
 
 
 
 
Licensing & Services
 
$
68,385

 
$
80,010

Total Media & Content
 
68,385

 
80,010

 
 
 
 
 
Connectivity
 
 
 
 
Aviation Services
 
30,706

 
31,241

Aviation Equipment
 
6,403

 
14,060

Maritime & Land Services
 
36,554

 
39,227

Maritime & Land Equipment
 
2,117

 
2,081

Total Connectivity
 
75,780

 
86,609

 
 
 
 
 
Total revenue
 
$
144,165

 
$
166,619


Contract Assets and Liabilities
Aviation connectivity contracts involve performance obligations primarily relating to the delivery of equipment and services. Equipment is delivered upfront with payment due upon delivery. Services are rendered to the customer over time and are typically paid for upfront or as the services are delivered. Aviation connectivity revenue is allocated based upon standalone selling price (“SSP”). The primary method used to estimate the SSP is the expected cost-plus margin approach. When the SSP exceeds the revenue allocation, the revenue to which the Company is entitled is contingent on performing the ongoing connectivity services and the Company records a contract asset accordingly.

The following table summarizes the significant changes in the balance for contract assets during the quarter ended March 31, 2020 (in thousands):
 
 
Contract Assets
Balance as of December 31, 2019
 
$
14,431

Costs deferred for revenue recognized in excess of billings
 
1,355

Costs included in the beginning balance recognized
 
(3,187
)
Balance as of March 31, 2020
 
$
12,599

 
 
 
Current contract assets
 
$
2,159

Non-current contract assets
 
10,440

Balance as of March 31, 2020
 
$
12,599




17


The Company may invoice upfront for services recognized over time or for contracts in which it has unsatisfied performance obligations. Contract payment terms are generally 30 to 45 days. When the timing of invoicing differs from the timing of revenue recognition, the Company determines its contracts to include a financing component when the contractual term is for more than a year.

The following table summarizes the significant changes in the balance for contract liabilities, included within “Other non-current liabilities” in our unaudited condensed consolidated balance sheet, during the three months ended March 31, 2020 (in thousands):
 
 
Contract Liabilities
Balance as of December 31, 2019
 
$
12,403

Revenue recognized that was included in the contract liability balance at the beginning of the period
 
(6,723
)
Increase due to cash received, excluding amounts recognized as revenue during the period
 
3,941

Balance as of March 31, 2020
 
$
9,621

 
 
 
Deferred revenue, current
 
$
9,535

Deferred revenue, non-current
 
86

Balance as of March 31, 2020
 
$
9,621


As of March 31, 2020, the Company had $956.3 million of remaining performance obligations, which it also refers to as total backlog. The Company expects to recognize approximately 20% of its remaining performance obligations as revenue in 2020 approximately 19% in 2021, 16% by 2022, and the remaining balance thereafter. $2.7 million and $3.5 million of services revenue was recognized during the three months ended March 31, 2020 and 2019, respectively, and was included in the deferred revenue balances at the beginning of the respective period.

Accounts Receivable, net
The Company extends credit to its customers from time to time. The Company maintains an allowance for doubtful accounts for estimated losses resulting from its customers’ inability to make required payments. Management analyzes the age of customer balances, historical bad debt experience, customer creditworthiness and changes in customer payment terms when making estimates of the collectability of its accounts receivable balances. If management determines that the financial condition of any of its customers has deteriorated, whether due to customer specific or general economic issues, an increase in the allowance may be made. After all attempts to collect a receivable have failed, the receivable is written off.

Accounts receivable consist of the following (in thousands):
 
March 31,
 
December 31,
 
2020
 
2019
Accounts receivable, gross
$
91,289

 
$
94,995

Less: Allowance for doubtful accounts
(8,493
)
 
(6,776
)
Accounts receivable, net
$
82,796

 
$
88,219


Refer to Note 8. Credit Loss Reserve and Allowances for further details.

Capitalized Contract Costs
Certain of the Company’s sales incentive programs meet the requirements to be capitalized as incremental costs of obtaining a contract. The Company recognizes an asset for the incremental costs if it expects the benefit of those costs to be longer than one year and amortize those costs over the expected customer life. The Company applies a practical expedient to expense costs as incurred for costs to obtain a contract when the amortization period would have been one year or less.

Additionally, the Company capitalizes assets associated with costs incurred to fulfill a contract with a customer. For example, the Company capitalizes the costs incurred to obtain necessary Supplemental Type Certificates or other customer-specific certifications for its aviation, maritime and land customers.



18


The following table summarizes the significant changes in the contract assets balances during the period ended March 31, 2020 (in thousands):
 
Contract Assets
 
Costs to Obtain
 
Costs to Fulfill
 
Total
Balance as of December 31, 2019
$
387

 
$
5,256

 
$
5,643

Capitalization during the period
50

 
226

 
276

Amortization during the period
(29
)
 
(104
)
 
(133
)
Balance as of March 31, 2020
$
408

 
$
5,378

 
$
5,786


Contract assets are included within Other non-current assets on the Company’s Condensed Consolidated Balance Sheets.

Practical Expedients, Policy Elections and Exemptions
In circumstances where shipping and handling activities occur subsequent to the transfer of control, the Company has elected to treat shipping and handling as a fulfillment activity rather than a service to the customer.    

The Company has made a policy election to exclude from the measurement of the transaction price all taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction and collected by the entity from a customer (e.g., sales, use, value added, and some excise taxes).

The Company applies a practical expedient to expense costs as incurred for incremental costs to obtain a contract when the amortization period would have been one year or less and did not evaluate contracts of one year or less for variable consideration.

Note 4.    Leases

Our leasing operations consist of various arrangements, where we act either (i) as the lessee (primarily related to our corporate and regional offices, teleport co-location arrangements and a commitment for satellite bandwidth capacity), or (ii) as the lessor (for our owned equipment rented to connectivity customers). The following describes the nature of our various leasing arrangements and the impact to our statement of operations for the three months ended March 31, 2020:

Real Estate Operating Leases (as a Lessee)
The Company has operating leases for office facilities throughout the United States and around the world. Upon inception of a contract, the Company evaluates if the contract, or part of the contract, contains a lease. A lease conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Leases include both a right-of-use asset and a lease liability. The right-of-use asset represents the Company’s right to use the underlying asset in the lease, and it also includes prepaid lease payments. The lease liability represents the present value of the remaining lease payments discounted using the incremental borrowing rate (“IBR”). Maintenance and property tax expenses are accounted for on an accrual basis as variable lease cost. The Company has elected to combine lease and non-lease components, if applicable.

The Company records lease expense on a straight-line basis over the lease term in general and administrative expense. Total lease expense for the three months ended March 31, 2020 and 2019, was $1.4 million and $1.6 million, respectively.

The Company’s leases have remaining lease terms of one year to 10.0 years. Lease terms include renewal or termination options that the Company is reasonably certain to exercise. For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet.

Teleport Co-Location Operating Leases (as a Lessee)
The Company engages certain bandwidth providers for teleport co-location services to deliver bandwidth to our network. These co-location service agreements typically include provisions for physical rack space at a third-party teleport facility. We have determined that the space provided for our equipment constitutes an operating lease.

These leases have remaining lease terms of one year to 8.0 years as of March 31, 2020. The Company records lease expense on a straight-line basis over the lease term as part of cost of sales -- licensing and services. Total lease expense for the three months ended March 31, 2020 and 2019, was $0.5 million and $0 million, respectively.



19


Satellite Bandwidth Finance Lease (as a Lessee)
The Company maintains agreements with satellite service providers to provide for satellite bandwidth capacity. The Company evaluates these arrangements for embedded leases when the Company has the right to control the use of a significant portion of the identified asset. The Company has elected to separate the lease and non-lease components.

Bandwidth Operating Leases
The Company records right-of-use assets and lease liabilities for certain bandwidth capacity arrangements meeting the operating lease classification. These leases have remaining lease terms of one year to 2.0 years as of March 31, 2020. The Company records lease expense on a straight-line basis over the lease term as part of Cost of Sales - Licensing and Services. Total lease expense for the three months ended March 31, 2020 and 2019, was $0.3 million and $0 million, respectively.

For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet.

Bandwidth Finance Lease
During the quarter ended June 30, 2019, the Company modified an existing arrangement for bandwidth capacity that provided us with the right to control a significant portion of the identified asset. The modified agreement met the criteria of finance lease classification.

This finance lease has a remaining lease term of 6.25 years as of March 31, 2020. The Company records amortization of right-of-use assets and interest accretion on finance lease liabilities as part of cost of sales -- licensing and services and interest expense, net, respectively. The following table provides the components of the finance lease cost for the three months ended March 31, 2020 and 2019 (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Amortization of right-of-use asset, net of lease incentive and contract liability credits
$
420

 
$

Interest accretion on finance lease liabilities
383

 

Total lease cost
$
803

 
$


Other Arrangements (as a Lessee)
The Company leases certain computer software, equipment and co-location facilities under finance leases that expire on various dates through 2022, for which the outstanding lease liability balance was assessed as not material as of March 31, 2020.

The Company reviews the carrying value of its right-of-use assets for impairment whenever events or changes in circumstances indicate that the recorded value may not be recoverable. Recoverability of assets is measured by comparing the carrying amounts of the assets to the estimated future undiscounted cash flows, excluding financing costs. If the Company determines that an impairment exists, any related impairment loss is estimated based on fair values.

Equipment Held by Customers (as a Lessor)
The Company either sells or leases certain equipment (including antennas, modems and routers, among others) as part of the bandwidth service to our Maritime and Land Connectivity customers. We account for existing equipment lease transactions as operating leases. We recognize lease payments for operating leases as licensing and services revenue in its condensed consolidated statement of operations on a straight-line basis over the lease term.

We assess new equipment lease arrangements or modifications to existing equipment lease arrangements for operating or sales-type lease classification. We recognize investments in leases for sales-type leases when the risk and rewards of ownership are not fully transferred to the customer due to our continued involvement with the equipment. We allocate the total consideration in a contract assessed with a sales-type lease using the expected cost-plus margin and residual methods for the lease and non-lease components, respectively.



20


The service revenues (with embedded operating equipment leases) and recognized revenues on sales-type equipment leases in which the Company acts as the lessor for the three months ended March 31, 2020 and 2019, is presented in the following table (in thousands):
 
Three Months Ended March 31
 
2020
 
2019
Bandwidth service and equipment revenues(1)
$
26,023

 
$
34,107

Earned revenues on sales-type leases at commencement(2)
103

 
333

Total Licensing and Service Revenues -- Maritime and Land Connectivity
$
26,126

 
$
34,440

(1) This is presented as part of Revenues -- Licensing and services in our condensed consolidated statement of operations, and includes the equipment lease component that is embedded in the overall bandwidth service arrangement. Since we adopted the practical expedient to not separate the lease and non-lease components as allowed with the ASC 842 implementation as of January 1, 2019, we will continue to classify existing embedded equipment arrangements as operating leases, to the extent unmodified.
(2) This includes the equipment lease revenues recognized at commencement date of the customer equipment arrangements classified as sales-type leases. As equipment leasing is a standard component in our connectivity business model, we present equipment revenues relating to these sales-type leases on a gross basis, and recognize a corresponding cost of sales equal to the net book value of the leased equipment. Interest income component is considered immaterial.

Supplemental Cash Flow Information, Weighted-Average Remaining Lease Term and Discount Rate
Because the rate implicit in each lease is not readily determinable, the Company uses its IBR to determine the present value of the lease payments. The following table discloses the weighted-average remaining lease term and IBR, as well as supplemental cash flow information (in thousands):
 
Three Months Ended March 31, 2020
Supplemental cash flow information
 
Cash paid for amounts included in the measurement of operating lease liabilities
$
2,028

Cash paid for amounts included in the measurement of finance lease liabilities
$
940

Right-of-use-assets obtained in exchange for operating lease obligations
Immaterial

Right-of-use-assets obtained in exchange for finance lease obligations
$

Weighted average remaining lease term -- real estate operating leases
7.01 years

Weighted average remaining lease term -- teleport co-location operating leases
4.59 years

Weighted average remaining lease term -- satellite capacity operating leases
0.75 years

Weighted average remaining lease term -- finance lease
6.25 years

Weighted average IBR -- real estate operating leases
9.90
%
Weighted average IBR -- teleport co-location operating leases
8.89
%
Weighted average IBR -- teleport satellite capacity operating leases
7.24
%
Weighted average IBR -- finance lease
8.30
%



21


Annual Future Minimum Lease Payments
The following table reflects a summary of Annual future minimum lease payments and the Company’s lease assets as of March 31, 2020 (in thousands):
 
As a Lessee
 
As a Lessor
Years Ending December 31,
Real Estate
 
Satellite Capacity
 
Satellite Capacity
 
Teleport
Co-Location
 
Total
 
Equipment Held by Customers
Lease Classification
Operating
 
Finance
 
Operating
 
Operating

 
 
Sales-Type
2020 (remaining nine months)
$
3,815

 
$
2,819

 
$
1,034

 
$
1,443

 
$
9,111

 
$
382

2021
5,153

 
3,758

 

 
1,793

 
10,704

 
503

2022
4,541

 
3,758

 

 
1,468

 
9,767

 
425

2023
3,616

 
3,758

 

 
561

 
7,935

 
261

2024
3,621

 
3,758

 

 
550

 
7,929

 
180

Thereafter
10,825

 
5,638

 

 
1,009

 
17,472

 
43

Total Future Lease Payments
$
31,571

 
$
23,489

 
$
1,034

 
$
6,824

 
$
62,918

 
$
1,794

Less: Imputed interest
(9,232
)
 
(5,084
)
 
(24
)
 
(1,266
)
 
(15,606
)
 
(273
)
Present Value of Lease Liabilities
$
22,339

 
$
18,405

 
$
1,010

 
$
5,558

 
$
47,312

 
 
Net Investment in Sales-Type Leases
 
 
 
 
 
 
 
 
 
 
$
1,521


In response to the COVID-19 pandemic and related government restrictions negatively impacting our operations, subsequent to March 31, 2020, we began renegotiating certain lease agreements to obtain rent relief in the near term, in order to help offset the negative financial impacts of COVID-19. On April 10, 2020, the Financial Accounting Standards Board ("FASB") staff issued a question-and-answer document providing guidance for lease concessions provided to lessees in response to the effects of COVID-19. Such guidance allows lessees to make an election not to evaluate whether a lease concession provided by a lessor should be accounted for as a lease modification in the event the concession does not result in a substantial increase in the rights of the lessor or the obligations of the lessee. We intend to elect this practical expedient in our accounting for any lease concessions provided for our real estate lease agreements.

The book value of the equipment held by customers under operating leases, which are classified as “Equipment” in Note 5- Property & Equipment, is as follows:
 
March 31, 2020
 
December 31, 2019
Equipment
 
 
 
Gross balance
$
55,961

 
$
57,369

Accumulated depreciation
(32,554
)
 
(30,692
)
Net Book Value
$
23,407

 
$
26,677




22


Note 5.    Property and Equipment, net

Property and equipment, net consisted of the following (in thousands):
 
March 31, 2020
 
December 31, 2019
Leasehold improvements
$
11,340

 
$
11,319

Furniture and fixtures
2,672

 
2,683

Equipment
158,138

 
157,259

Computer equipment
15,425

 
16,993

Computer software
52,690

 
51,939

Automobiles
298

 
301

Buildings
7,087

 
7,088

Albatross (Company-owned aircraft)
456

 
456

Satellite transponders
70,100

 
70,100

Construction in-progress
1,150

 
1,499

Total property and equipment
$
319,356

 
$
319,637

Accumulated depreciation
(186,587
)
 
(174,342
)
Property and equipment, net
$
132,769

 
$
145,295


Depreciation expense, including software amortization expense, by classification consisted of the following (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Cost of sales
$
9,628

 
$
8,934

Sales and marketing
522

 
1,002

Product development
571

 
835

General and administrative
2,784

 
3,382

Total depreciation expense
$
13,505

 
$
14,153




23


Note 6.    Goodwill
    
We have three separate reporting units for purposes of our goodwill impairment testing. The changes in the carrying amount of goodwill by reporting unit were as follows (in thousands):
 
Aviation Connectivity
 
Maritime & Land Connectivity
 
Media & Content
 
Total
 
 
 
 
 
 
 
 
Gross carrying amount
$
98,022

 
$
209,130

 
$
83,455

 
$
390,607

Accumulated impairment loss
(44,000
)
 
(187,000
)
 

 
(231,000
)
 
54,022

 
22,130

 
83,455

 
159,607

Impairment loss

 
(22,130
)
 

 
(22,130
)
Foreign currency translation adjustments

 

 
(118
)
 
(118
)
Balance March 31, 2020
$
54,022

 
$

 
$
83,337

 
$
137,359

 
 
 
 
 
 
 
 
Gross carrying amount
$
98,022

 
$
209,130

 
$
83,337

 
$
390,489

Accumulated impairment loss

(44,000
)
 
(209,130
)
 

 
(253,130
)
Balance March 31, 2020
$
54,022

 
$

 
$
83,337

 
$
137,359


Goodwill Impairment
Goodwill and equity method investments are non-financial instruments that are measured at fair value on a non-recurring basis. In January 2017, the FASB issued ASU No. 2017-04, Intangibles-Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment, which simplifies the test for goodwill impairment by eliminating Step 2 from the goodwill impairment test. Step 2 measured a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. The guidance was adopted during the first quarter of 2017, and therefore, our interim goodwill impairment tests as of March 31, 2020 were performed using only a Step 1 test.
As of March 31, 2020, the cumulative impairment write-offs relating to our Aviation Connectivity and our Maritime & Land Connectivity reporting units was $44.0 million and $209.1 million, respectively. The Company is required to test goodwill for impairment on an annual basis and, if current events or circumstances require, on an interim basis. Our next annual impairment evaluation is scheduled during the fourth quarter of 2020.



24


Note 7.    Intangible Assets, net

As a result of historical business combinations, the Company acquired finite-lived intangible assets that are primarily amortized on a straight-line basis, which approximate their expected cash flow patterns. The Company’s finite-lived intangible assets have been assigned useful lives ranging from 2.0 to 10.0 years (weighted average of 7.5 years).

Intangible assets, net consisted of the following (dollars in thousands):
 
 
 
March 31, 2020
 
Weighted Average Useful Lives
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Intangible assets:
 
 
 
 
 
 
 
Existing technology -- software
5.2 years
 
$
36,799

 
$
32,263

 
$
4,536

Developed technology
8.0 years
 
7,317

 
5,945

 
1,372

Customer relationships
8.7 years
 
138,358

 
95,259

 
43,099

Backlog
3.0 years
 
18,300

 
18,300

 

Other
5.1 years
 
1,248

 
980

 
268

Total
 
 
$
202,022

 
$
152,747

 
$
49,275


 
 
 
December 31, 2019
 
Weighted Average Useful Lives
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Intangible assets:
 
 
 
 
 
 
 
Existing technology -- software
5.2 years
 
$
36,799

 
$
30,487

 
$
6,312

Developed technology
8.0 years
 
7,317

 
5,716

 
1,601

Customer relationships
8.7 years
 
138,358

 
91,124

 
47,234

Backlog
3.0 years
 
18,300

 
18,300

 

Other
5.1 years
 
1,249

 
913

 
336

Total
 
 
$
202,023

 
$
146,540

 
$
55,483


We expect to record amortization of intangible assets as follows (in thousands):
Year ending December 31,       
Amount
2020 (remaining nine months)
$
16,056

2021
13,824

2022
7,907

2023
6,890

2024
4,230

Thereafter
368

Total
$
49,275

    
We recorded amortization expense of $6.2 million and $7.8 million for the three months ended March 31, 2020 and 2019, respectively.

Note 8.    Credit Loss Reserve and Allowances

Upon adoption of ASC 326 as of January 1, 2020, the Company implemented an expected credit loss allowance methodology for accounts receivable using historical collection experience, current and future economic and market conditions, and a review of


25


the current status of each customer’s trade accounts receivables. As a part of the implementation, the Company analyzed the prior history of credit losses on accounts receivable separately for each of the two business segments Media & Content and Connectivity, and within each segment, separately for Aviation, Land and Maritime verticals. Our business is managed between Media & Content and Connectivity, and therefore, it was deemed appropriate to first analyze losses separately for the two based on the nature of these segments and related customer base. Further, the Company noted that historically customers between the aviation, land and maritime groups exhibit common risk characteristics based upon the industries for which they operate in and believed a further breakdown of segments across aviation, land and maritime verticals was appropriate. The analysis resulted in the Company analyzing history of credit losses on accounts receivable for a total of six aggregation points and determining loss rates for each based on a five-year period average.

The Company used the average historical loss rates in estimating credit loss reserve. Additionally, the Company estimates loss reserve based on the aging of the accounts receivable balances and the financial condition of customers and provides for specific allowance amounts for those customers that have a higher probability of default. We regularly monitor the collection status of accounts receivable through account reconciliation, dispute resolution, payment tracking, customer’s financial condition and macroeconomic conditions. We write-off balances when determined to be uncollectible. We apply a similar methodology towards our current and non-current contract asset balances, which shares some common risks with accounts receivable. Specifically, for the three months ended March 31, 2020, we have reviewed and considered the current and future economic and market conditions resulting from the COVID-19 pandemic in determining our estimated credit losses.

A summary of our allowances for credit losses were as follows (in thousands):
 
Accounts Receivable
 
Prepaid and Other Current Assets
 
Other Non-Current Assets
 
Total
Balance at January 1, 2020
$
6,776

 
$

 
$

 
$
6,776

Cumulative-effect adjustment of ASC 326 adoption
503

 
111

 
672

 
1,286

Current-period provision for expected credit losses(1)
2,950

 
4

 
33

 
2,987

Write-offs and dispositions
(866
)
 

 

 
(866
)
Foreign currency rate changes
(870
)
 

 

 
(870
)
Balance at March 31, 2020
$
8,493

 
$
115

 
$
705

 
$
9,313


(1) The current-period provision for expected credit losses was due primarily to the impact of COVID-19. One international airline partner in particular accounted for approximately 45% of the provision recorded during the three-month period ended March 31, 2020 and three other airline partners accounted for approximately 43% of the provision recorded during the same period because of financial distress caused by COVID-19. We will continue to monitor the financial conditions of all customers and will record additional credit losses in the future, as appropriate.
 

Note 9.    Equity Method Investments

The following is the summarized balance sheet information for the Company’s interests in the WMS and Santander joint ventures. These equity method investments on an aggregated basis as of March 31, 2020 and December 31, 2019 (in thousands):
 
March 31, 2020
 
December 31, 2019
Current assets
$
45,489

 
$
50,588

Non-current assets
24,635

 
25,370

Current liabilities
13,623

 
26,593

Non-current liabilities
9,866

 
2,207




26


The following is the summarized results of operations information for these equity method investments on an aggregated basis for the three months ended March 31, 2020 and 2019 (in thousands):    
 
Three Months Ended March 31,
 
2020
 
2019
Revenue
$
30,877

 
$
32,100

Net income
7,088

 
6,887


The carrying values of the Company’s equity interests in WMS and Santander as of March 31, 2020 and December 31, 2019 were as follows (in thousands):
 
March 31, 2020
 
December 31, 2019
Carrying value in our equity method investments
$
64,300

 
$
78,886


As of March 31, 2020, there was an aggregate difference of $41.4 million between the carrying amounts of these investments and the amounts of underlying equity in net assets in these investments. The difference was determined by applying the acquisition method of accounting in connection with the EMC Acquisition and is being amortized ratably over the life of the related acquired intangible assets. The weighted-average life of the intangible assets at the time of the EMC Acquisition in total was 14.9 years.

Note 10.    Financing Arrangements

Covenant Compliance
Please refer to Note 2. Summary of Significant Accounting Policies for additional details regarding covenant compliance.

Long-Term Debt

A summary of our borrowings as of March 31, 2020 and December 31, 2019 is set forth below (in thousands):
 
March 31, 2020
 
December 31, 2019
Senior secured term loan facility, due January 2023(+)
$
504,680

 
$
506,037

Senior secured revolving credit facility, due January 2022(+)(1)
80,615

 
43,315

Convertible senior notes due 2035(2)
82,500

 
82,500

Second Lien Notes, due June 2023(3)
188,716

 
178,034

Other debts(4)
22,937

 
23,685

Unamortized bond discounts, fair value adjustments and issue costs, net
(58,068
)
 
(60,509
)
Total carrying value of debt
821,380

 
773,062

Less: current portion, net
(804,575
)
 
(15,678
)
Total non-current
$
16,805

 
$
757,384

(+) This facility is a component of the 2017 Credit Agreement.
(1) As of March 31, 2020, the available balance under our $85.0 million Revolving Credit Facility is $0.0 million (net of outstanding letters of credit). The 2017 Credit Agreement provides for the issuance of letters of credit in the amount equal to the lesser of $15.0 million and the aggregate amount of the then-remaining revolving loan commitment. As of March 31, 2020, we had outstanding letters of credit of $4.4 million under the 2017 Credit Agreement.
(2) The principal amount outstanding of the 2.75% convertible senior notes due 2035 (the “Convertible Notes”) as set forth in the foregoing table was $82.5 million as of March 31, 2020. The carrying amount, net of debt issuance costs and associated discount, was $71.3 million and $71.1 million as of March 31, 2020 and December 31, 2019, respectively.
(3) The principal amount outstanding of the second lien notes due June 30, 2023 (the “Second Lien Notes”) as set forth in the foregoing table was $188.7 million as of March 31, 2020. The value allocated to the attached penny warrants and market warrants for financial reporting purposes was $14.9 million and $9.3 million, respectively. These qualify for classification in stockholders’ equity and are included in the condensed consolidated balance sheets within “Additional paid-in capital”.
(4) As of March 31, 2020, Other debts primarily consisted of (i) $3.4 million remaining financed amount for transponder purchases, which was payable April 2020, and remains unpaid at filing date; and (ii) $18.4 million of finance lease liability relating to an assessed right-of-use over a satellite bandwidth capacity (refer to Note 4. Leases for further details).



27


The aggregate contractual maturities of all borrowings, including finance leases, subsequent to March 31, 2020 were as follows (in thousands):
Years Ending December 31,
Amount
2020 (remaining nine months)
$
13,633

2021
29,818

2022
110,564

2023
633,974

2024
3,236

Thereafter
88,223

Total
$
879,448


Reclassification of Long-Term Debt to Current
Although the Company entered into the Tenth Amendment to the 2017 Credit Agreement as a result of which it was not required to comply with the Maximum First Lien Leverage covenant for the period ended March 31, 2020, it was in compliance with all covenants under its debt agreements as of March 31, 2020. Based on current projections, management believes it is probable that the Company will not comply with the Minimum Liquidity covenant and the Maximum First Lien Leverage covenant in the 2017 Credit Agreement during the remainder of the fiscal year. Based on the above and the cross-default provisions contained in our other debt, which would be triggered upon acceleration of debt under the 2017 Credit Agreement, at March 31, 2020 the Company classified all applicable long-term debt as current. See Note 2. Summary of Significant Accounting Policies for further details.

Revolving Credit Facility Drawdown
On February 28, 2020, as a precautionary measure to ensure financial flexibility and maintain maximum liquidity in response to the COVID-19 pandemic, we further leveraged our balance sheet, and executed a drawdown of the remaining $41.8 million under our Revolving Credit Facility (the “Drawdown”) with a corresponding increase in our cash on hand. Following the Drawdown, we have no remaining borrowing under the Revolving Credit Facility. As of March 31, 2020 we had approximately $54.2 million of cash and cash equivalents, excluding restricted cash of approximately $0.7 million.

Note 11.    Related Party Transactions

Loan Advances in lieu of Future Payouts from WMS
In February 2019, the Company entered into a demand promissory note with WMS (as an advance against future dividends that WMS may pay the Company) for approximately $7.4 million, accruing interest at 6.5% per annum, and concurrently signed an agreement to waive future dividends or other such distributions by WMS to the Company until such time as the outstanding principal and accrued but unpaid interest on the demand promissory note has been repaid in full. The outstanding demand promissory note would be reduced dollar-for-dollar by any such distribution amounts waived. The Company may prepay the promissory note at any time without prepayment penalty. The entire principal balance of this promissory note together with all accrued but unpaid interest is due on the earliest to occur of (i) demand by the holder, (ii) December 31, 2020 and (iii) the date of acceleration of the promissory note as a result of the occurrence of an event of default. The promissory note was reduced to zero in the third quarter of 2019 for distribution amount waived. During the three months ended March 31, 2020, WMS approved a deemed dividend to the Company totaling $3.7 million, which was distributed in cash to the Company in the second quarter of 2020.
Due to Santander
In connection with the EMC Acquisition, the Company acquired a 49% equity interest in Santander. The Company accounts for its interest in Santander using the equity method and includes our share of Santander’s profits or losses in Income from equity method investments in the condensed consolidated statements of operations. During each of the three months ending March 31, 2020 and 2019, the Company purchased approximately $1.1 million from Santander for teleport and related network support services. As of March 31, 2020 and December 31, 2019, the Company owed Santander approximately $1.3 million and $1.8 million, respectively, which is included in accounts payable and accrued liabilities in the condensed consolidated balance sheets for their teleport services and related network operations support services.



28


Amended and Restated Registration Rights Agreement
When we consummated our business combination in January 2013 with Row 44 and Advanced Inflight Alliance AG, we entered into an amended and restated registration rights agreement with Par Investment Partners, L.P. (“PAR”), entities affiliated with Putnam Investments, Global Eagle Acquisition LLC (the “Sponsor”) and a current member of our board of directors (“Board of Directors” or “Board”), Harry E. Sloan and our then Board member, Jeff Sagansky, both of whom were affiliated with the Sponsor. Under that agreement, we agreed to register the resale of securities held by such parties (the “registrable securities”) and to sell those registrable securities pursuant to an effective registration statement in a variety of manners, including in underwritten offerings. We also agreed to pay the security holders’ expenses in connection with their exercise of their registration rights.

In addition, the amended and restated registration rights agreement restricts our ability to grant registration rights to a third party on parity with or senior to those held by the “holders” (as defined under that agreement) without the consent of holders of at least a majority of the “registrable securities” under that agreement. In April 2018, we entered into a consent to the amended and restated registration rights agreement with PAR whereby PAR (as a holder of a majority of registrable securities thereunder) consented to the registration rights that we provided to Searchlight Capital Partners, L.P. (“Searchlight”) as part of its investment in us.

According to a Schedule 13G/A filed on February 7, 2018, and a Schedule 13D/A filed on June 6, 2019, respectively, neither Putnam Investments nor PAR hold more than 5% of our outstanding common stock, and as such each has ceased to be a related party. Furthermore, Mr. Sagansky ceased being a related party on June 24, 2019 when he retired from our Board. Mr. Sloan continues to be a related party.

Second Lien Amendment
In addition, on April 15, 2020, we entered into a Third Amendment to Securities Purchase Agreement (the “Third Amendment to Securities Purchase Agreement”) among the Company, the guarantors party thereto, and each purchaser party thereto. The Third Amendment to Securities Purchase Agreement amended the Securities Purchase Agreement, dated as of March 8, 2018, by and among the Company, Searchlight II TBO, L.P., Searchlight II TBO-W, L.P., and Cortland Capital Market Services LLC, as collateral agent, and modified the Securities Purchase Agreement, including with respect to the following terms:

The deadline for delivery of audited consolidated annual financial statements of the Company for the fiscal year ended December 31, 2019 was extended from the date that is 120 days after the end of such fiscal year until the date that is 30 days after May 15, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission), and such financial statements may be subject to a “going concern” qualification.
The deadline for delivery of unaudited consolidated quarterly financial statements of the Company for fiscal quarter ended March 31, 2020 was extended from the date that is 60 days after the end of such fiscal quarter until the date that is 15 days after June 29, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission).
The deadline for delivery of a consolidated budget for fiscal year 2020 in respect of such fiscal year was extended from 120 days after the end of the 2019 fiscal year until June 1, 2020. Pursuant to the Second Lien Amendment, the noteholders consented to the First Lien Amendment (as defined below) and to the transactions contemplated thereby.

The Third Amendment to Securities Purchase Agreement is attached to the December 31, 2019 Annual Report on Form 10-K as Exhibit 10.22.

Subscription Receivable with Former Employee
A former employee is party to a Secured Promissory Note dated July 15, 2011, pursuant to which the former employee agreed to pay the Company (as successor to Row 44, Inc., which is a Company subsidiary) a principal sum of approximately $0.4 million, plus interest thereon at a rate of 6% per annum. The former employee granted the Company a security interest in shares of Row 44 held by him (which Row 44 shares were subsequently converted into 8,956 shares of the Company’s common stock) to secure his obligations to repay the loan. As of March 31, 2020 and December 31, 2019, the balance of the note (with interest) was approximately $0.6 million, which is presented as a subscription receivable. We recognize interest income on the note when earned (using the simple interest method) but have not collected any interest payments since the origination of the note. Interest income recognized by the Company during the three months ended March 31, 2020 and March 31, 2019 were not material. The Company has been making ongoing assessments regarding the collectability of this note and the subscription receivable balance and has been in litigation with the former employee to recover the loan and to address his allegations that we breached related settlement agreements with him in 2014 and 2015. On December 16, 2019, following trial in the Superior Court of California for the County of Los Angeles, the jury returned a verdict in favor of the Company regarding the employee’s obligation to repay the note and a


29


mixed verdict regarding the alleged breach of two claimed settlement agreements between the parties. On February 24, 2020, the Court entered judgement deeming the Company the prevailing party in the lawsuit and, among other things, providing for a net monetary award in favor of the Company of approximately $0.5 million, which award represents the full value of the note and associated interest offset by the amount the employee claimed he would have saved under the purported 2015 settlement agreement. On May 6, 2020, the former employee filed a Notice of Appeal; the Company cross-appealed on June 2, 2020. In addition, the Company filed a motion for attorneys’ fees in the trial court for over $0.9 million, which has been set for hearing on September 9, 2020. The Company will continue making assessments regarding the collectability of our monetary award as the appeals process progresses.

Note 12.    Commitments and Contingencies

Movie License and Internet Protocol Television (“IPTV”) Commitments
In the ordinary course of business, we have long-term commitments, such as license fees and guaranteed minimum payments owed to content providers. In addition, we have long-term arrangements with service and television providers to license and provide content and IPTV services that are subject to future guaranteed minimum payments from us to the licensor.

The following is a schedule of future minimum commitments under movie and IPTV arrangements as of March 31, 2020 (in thousands):
Years Ending December 31,
Amount
2020 (remaining nine months)
$
33,562

2021
7,588

2022
2,466

Total
$
43,616


Satellite Bandwidth Capacity
The Company maintains agreements with satellite service providers to provide for satellite capacity. Except when an arrangement is assessed to meet the definition of a finance lease in accordance with ASC 842, in which case the expensing pattern is front-loaded, the Company expenses these satellite fees in the month the service is provided as a charge to licensing and services cost of sales.

The following is a schedule of future minimum satellite costs, across all connectivity end-markets and including the satellite bandwidth arrangement assessed as a finance lease, as of March 31, 2020 (in thousands):
Years Ending December 31,
Amount
2020 (remaining nine months)
$
65,874

2021
49,903

2022
34,527

2023
33,032

2024
33,032

Thereafter
58,355

Total Future Payments
$
274,723


Other Commitments
In the normal course of business, we enter into future purchase commitments with some of our connectivity vendors to secure future inventory for our customers and engineering and antenna project developments. As of March 31, 2020, we also had outstanding letters of credit in the amount of $4.4 million, of which $4.4 million was issued under the letter of credit facility under the 2017 Credit Agreement.

Contingencies
We are subject to various legal proceedings and claims that have arisen in the ordinary course of business and that have not been fully and finally adjudicated. We record accruals for loss contingencies when our management concludes it is probable that a


30


liability has been incurred and the amount of the related loss can be reasonably estimated. On a regular basis, our management evaluates developments in legal proceedings and other matters that could cause an increase or decrease in the amount of the liability that has been accrued previously. While it is not possible to accurately predict or determine the eventual outcomes of these matters, an adverse determination in one or more of these matters could have a material adverse effect on our condensed consolidated financial position, results of operations or cash flows. Some of our legal proceedings as well as other matters that our management believes could become significant are discussed below:
                
Music Infringement and Related Claims. On May 6, 2014, UMG Recordings, Inc., Capitol Records, Universal Music Corp. and entities affiliated with the foregoing (collectively, “UMG”) filed suit in the United States District Court for the Central District of California against us and Inflight Productions Ltd. (“IFP”), our indirect subsidiary, for copyright infringement and related claims and unspecified money damages. In August 2016, we entered into settlement agreements with major record labels and publishers, including UMG, to settle music copyright infringement and related claims (the “Sound Recording Settlements”). As a result of the Sound Recording Settlements, we paid approximately $18.0 million in cash and issued approximately 72,000 shares of our common stock to settle lawsuits and other claims. Under the settlement agreement with UMG, we paid UMG an additional $5.0 million in cash in March 2017 and agreed to issue 20,000 additional shares of our common stock when and if our closing price of our common stock exceeds $250.00 per share and 16,000 additional shares of our common stock when and if the closing price of our common stock exceeds $300.00 per share.

In 2016, we received notices from several other music rights holders and associations acting on their behalf regarding potential claims that we infringed their music rights and the rights of artists that they represent. To date, none of these rights holders or associations has initiated litigation against us, except for BMG Rights Management (US) LLC (“BMG”) as described in the following paragraph. Other than in respect of the BMG litigation (the loss probability and liability estimate of which we discuss in the following paragraph), we believe that a loss relating to these matters is probable, but we believe that it is unlikely to be material and therefore have accrued an immaterial amount for these loss contingencies. If initiated however, we intend to vigorously defend ourselves against these claims.

On May 3, 2018, BMG filed suit in the United States District Court for the Central District of California against us and IFP for copyright infringement and related claims and unspecified money damages. On December 3, 2019, the case was dismissed with prejudice pursuant to a settlement agreement with BMG for an aggregate payment of $5.5 million, to be paid over time, as follows: $0.5 million within 14 days of the execution of the settlement agreement; $1.5 million on or before each of December 31, 2019, June 30, 2020, and June 30, 2021; and $0.5 million on or before June 30, 2022. We have booked an accrual for this legal settlement in the amount of $3.5 million as of December 31, 2019.

SwiftAir Litigation. On August 14, 2014, SwiftAir, LLC filed suit against our wholly owned subsidiary Row 44 and Southwest Airlines for breach of contract,  quantum meruit , unjust enrichment and several other contract- and tort/statutory-based claims in the Superior Court of California for the County of Los Angeles. SwiftAir and Row 44 had a contractual relationship whereby Row 44 agreed to give SwiftAir access to Row 44’s portal on Southwest Airlines so that SwiftAir could market a destination deal product to Southwest Airlines’ passengers. In 2013, after Southwest Airlines decided not to proceed further with the destination deal product, Row 44 terminated its contract with SwiftAir. In its lawsuit, SwiftAir sought approximately $9.0 million in monetary damages (plus punitive and other extra-contractual damages) from Row 44 and Southwest Airlines. In 2017, the court granted Row 44’s motion for summary judgment as to SwiftAir’s tort/statutory-based claims. In January 2018, the court granted Row 44’s motions in limine  that limited SwiftAir’s contract damages claims against Row 44 to nominal damages. Southwest Airlines however remained exposed to all of SwiftAir’s compensatory damages claims.  On September 9, 2019, following a three-week trial, the jury returned a full defense verdict in favor of Row 44 and Southwest Airlines. On October 1, 2019, the Court entered judgment against SwiftAir; notice of entry of judgment was given on October 10, 2019. On October 15, 2019, Row 44 filed its memorandum of costs and it intends to file a motion for attorneys’ fees and non-statutory costs and expenses.

On October 25 and 28, 2019, SwiftAir filed motions for a new trial and judgment notwithstanding the verdict, respectively, which were set for hearing on December 6, 2019. Row 44 filed a motion for attorneys’ fees and costs, which was also set for hearing on December 6, 2019. At that December 6, 2019 hearing, the trial court denied SwiftAir’s motions and took Row 44’s motion for attorneys’ fees and costs under submission. On March 2, 2020, the trial court granted Row 44’s motion in the amount of $2.2 million for fees and $0.1 million for costs. SwiftAir filed a Notice of Appeal as to both Row 44 and Southwest Airlines; its opening brief on appeal will be due between 40 days after the Reporter’s Transcript is complete. Separately, Southwest Airlines has sought indemnification from Row 44 in connection with its defense of SwiftAir’s claim (and for any loss that it may face). Row 44 provided partial indemnity until the trial court granted its motion for summary adjudication on certain issues in June 2017, at which


31


time it ceased paying for any of Southwest’s attorneys’ fees. We intend to vigorously defend against any claims in this matter. We do not believe that a material loss relating to this matter is probable, and due to the speculative nature of SwiftAir’s potential post-trial motions and appeal (and its damages claims), we are currently unable to estimate the amount of any potential loss; as such, we have not accrued any amount for this loss contingency.

In addition, from time to time, we are or may be party to various additional legal matters incidental to the conduct of our business. Some of the outstanding legal matters include speculative claims for indeterminate amounts of damages, for which we have not recorded any contingency accrual. Additionally, we have determined that other legal matters are likely not material to our financial statements, and as such have not discussed those matters above. Although we cannot predict with certainty the ultimate resolution of these speculative and immaterial matters, based on our current knowledge, we do not believe that the outcome of any of these matters will have a material adverse effect on our financial statements.

Note 13.    Equity Transactions    

Shareholder Rights Plan
On March 19, 2020, our Board adopted a stockholder rights plan, as set forth in a Rights Agreement between the Company and American Stock Transfer and Trust Company, LLC (the “Rights Plan”) and issued the rights contemplated thereby (the “Rights”) on March 30, 2020. The Rights Plan is intended to promote the fair and equal treatment of all of our stockholders and ensure that no person or group can gain control of us through open market accumulation or other tactics without paying a control premium and potentially disadvantaging the interest of all stockholders. The Rights Plan ensures that our Board has sufficient time to exercise its fiduciary duties to make informed judgments about the actions of third parties that may not be in the best interests of us and our stockholders.

In general terms, the Rights will become exercisable if a person or group becomes the beneficial owner of 20% or more of the Company’s outstanding Common Stock. Stockholders who beneficially owned 20% or more of Global Eagle’s outstanding common stock prior to the issuance of the December 31, 2019 earnings release will not trigger the exercisability of the Rights so long as they do not acquire beneficial ownership of any additional shares of common stock at a time when they still beneficially own 20% or more of such common stock, subject to certain exceptions as described in the Rights Plan. In the event that the Rights become exercisable due to the triggering ownership threshold being crossed, each Right will entitle its holder to purchase a number of shares of Common Stock or equivalent securities having a market value at that time of twice the Right’s purchase price. The Rights Plan is attached to the December 31, 2019 Annual Report on Form 10-K as Exhibit 4.14.

Common Stock
On April 15, 2020, the Board of Directors approved a reverse stock split of the Company’s outstanding and authorized shares of common stock at a ratio of 1-for-25 (the “Reverse Stock Split”). As a result of the Reverse Stock Split, the number of the Company’s issued and outstanding shares of common stock was decreased from 92,944,935 to 3,717,797, all with a par value of $0.0001. The effective date of the Reverse Stock Split was April 16, 2020. The Reverse Stock Split affected all stockholders uniformly and did not alter any stockholder’s percentage interest in the Company’s common stock, except for adjustments that resulted from the treatment of fractional shares as follows: (i) no fractional shares were issued as a result of the Reverse Stock Split; and (ii) stockholders who would have been entitled to a fractional share as a result of the Reverse Stock Split instead received a cash payment from the transfer agent in an amount equal to the fractional share multiplied by the closing price of our common stock the day before the Reverse Stock Split became effective. All share and per share amounts presented in these financial statements, have been adjusted for this Reverse Stock Split.

2013 Equity Plan
Under the Company’s 2013 Amended and Restated Equity Incentive Plan (as amended, the “2013 Equity Plan”), the Administrator of the Plan, which is the Compensation Committee of the Company’s Board of Directors, was able to grant up to 440,000 shares (through stock options, restricted stock, restricted stock units (“RSUs”)) (including both time-vesting and performance-based RSUs) and other incentive awards) to employees, officers, non-employee directors, and consultants. The Company ceased using the 2013 Equity Plan for new equity issuances in December 2017, upon receiving stockholder approval of the Company’s new 2017 Omnibus Long-Term Incentive Plan (as amended, the “2017 Omnibus Plan”), although the Company continues to have outstanding previously granted equity awards issued under the 2013 Equity Plan. These previously granted awards represent the right to receive 282,812 shares of the Company’s common stock (as of January 18, 2018) if and when they later vest and/or are exercised. See “2017 Equity Plan” immediately below.



32


2017 Equity Plan
On December 21, 2017, the Company’s stockholders approved the 2017 Omnibus Plan. The Company had 83,914 shares remaining shares available for issuance under the 2013 Equity Plan (as of that date) and those shares rolled into the 2017 Omnibus Plan and became available for grant thereunder. The 2017 Omnibus Plan separately made available 260,000 shares of the Company’s common stock for new issuance thereunder, in addition to those rolled over from the 2013 Equity Plan. The Administrator of the 2017 Omnibus Plan, which is the Compensation Committee of the Board of Directors, may grant share awards (through stock options, restricted stock, RSUs (including both time-vesting and performance-based RSUs) and other incentive awards) to employees, officers, non-employee directors, and consultants.

On June 25, 2018, the Company’s stockholders approved an amendment and restatement of the 2017 Equity Plan that increased by 80,000 the number of shares of the Company’s common stock authorized for issuance thereunder.
 
Stock Repurchase Program
In March 2016, our Board of Directors authorized a stock repurchase program under which we may repurchase up to $50.0 million of our common stock. Under the stock repurchase program, we may repurchase shares from time to time using a variety of methods, which may include open-market purchases and privately negotiated transactions. The extent to which we repurchase our shares, and the timing and manner of such repurchases, will depend upon a variety of factors, including market conditions, regulatory requirements and other corporate considerations, as determined by management. We measure all potential buybacks against other potential uses of capital that may arise from time to time. The repurchase program does not obligate us to repurchase any specific number of shares, and may be suspended or discontinued at any time. We expect to finance any purchases with existing cash on hand, cash from operations and potential additional borrowings. We did not repurchase any shares of our common stock during the three months ended March 31, 2020 and 2019. As of March 31, 2020, the remaining authorization under the stock repurchase plan was $44.8 million.

Stock-Based Compensation Expense
Stock-based compensation expense related to our directors and other personnel for the three months ended March 31, 2020 and 2019 was as follows (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Cost of services
$
66

 
$
27

Sales and marketing
57

 
53

Product development
77

 
68

General and administrative
928

 
1,141

Total
$
1,128

 
$
1,289

Total stock-based compensation expense includes the revaluation adjustment related to the Company’s cash-settled phantom stock options, which are accounted for as liability awards and are re-measured at fair value each reporting period. Compensation expense is recognized over the requisite service period.

Note 14.    Income Taxes

The Company recorded income tax provision of $1.1 million and $0.1 million for the three months ended March 31, 2020 and 2019, respectively. The tax provision for the three months ended March 31, 2020 is primarily attributable to foreign income taxes resulting from our foreign subsidiaries' contribution to pretax income, withholding taxes, changes in valuation allowance, and deferred tax expense on amortization of indefinite-lived intangible assets. The tax provision for the three months ended March 31, 2019 was primarily attributable to the foreign withholding taxes, foreign income taxes resulting from the foreign subsidiaries' contribution to pretax income, basis difference in convertible debt and effects of permanent differences.

Due to uncertainty as to the realization of benefits from the Company's U.S. and certain international net deferred tax assets, including net operating loss carryforwards, the Company has a full valuation allowance reserved against such net deferred tax assets. The Company intends to continue to maintain a full valuation allowance on certain jurisdictions’ net deferred tax assets until there is sufficient evidence to support the reversal of all or some portion of these allowances.


33



As of March 31, 2020, and December 31, 2019, the liability for income taxes associated with uncertain tax positions was $6.3 million and $7.7 million, respectively. As of March 31, 2020, and December 31, 2019, the Company had accrued $6.2 million and $6.4 million, respectively, of interest and penalties related to uncertain tax positions. It is reasonably possible that the amount of the unrecognized benefit with respect to certain of the Company’s unrecognized tax positions may significantly decrease within the next 12 months. This change may be the result of settlement of ongoing foreign audits.

Note 15.    Segment Information

Our business comprises two operating segments:

Media & Content: selects, manages, provides lab services and distributes wholly owned and licensed media content, video and music programming, advertising, applications and interactive games to the airline, maritime and other “away from home” non-theatrical markets.

Connectivity: provides customers, including their passengers, crew, remote workers and soldiers, as applicable, with (i) Wi-Fi connectivity via C, Ka and Ku-band satellite and terrestrial wireless transmissions that enable access to the Internet, live television, on-demand content, shopping and travel-related information and (ii) operational solutions that allow customers to improve the management of their internal operations and passenger service delivery.

Our Chief Executive Officer, the Company’s CODM, evaluates financial performance and allocates resources by reviewing revenue, costs of sales and contribution profit separately for our two segments. Total segment gross margin provides the CODM a measure to analyze operating performance of each of the Company’s operating segments and its enterprise value against historical data and competitors’ data. However, historical results may not be indicative of future results because operating performance is highly contingent on many factors, including customer tastes and preferences. All other financial information is reviewed by the CODM on a consolidated basis.



34


The following table summarizes revenue and gross margin by our reportable segments for the three months ended March 31, 2020 and 2019 (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Revenue:
 
 
 
Media & Content -- Licensing and Services
$
68,385

 
$
80,010

Connectivity -- Services
67,260

 
70,468

Connectivity -- Equipment
8,520

 
16,141

Total revenue
$
144,165

 
$
166,619

Cost of sales:
 
 
 
Media & Content -- Licensing and Services
$
55,556

 
$
57,669

Connectivity -- Services
57,728

 
65,600

Connectivity -- Equipment
7,523

 
10,925

Total cost of sales
$
120,807

 
$
134,194

Gross Margin:
 
 
 
Media & Content
$
12,829

 
$
22,341

Connectivity
10,529

 
10,084

Total Gross Margin
23,358

 
32,425

Other operating expenses
70,151

 
51,515

Loss from operations
$
(46,793
)
 
$
(19,090
)

The Company’s total assets by segment were as follows (in thousands):
 
 
March 31, 2020
 
December 31, 2019
Media & Content
 
$
300,205

 
$
316,340

Connectivity
 
279,799

 
331,368

Total segment assets
 
580,004

 
647,708

Corporate assets
 
50,472

 
20,872

Total assets
 
$
630,476

 
$
668,580


Note 16.    Fair Value Measurements

The accounting guidance for fair value establishes a framework for measuring fair value and establishes a three-level valuation hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows:

Level 1: Observable quoted prices in active markets for identical assets and liabilities.
Level 2: Observable quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market.
Level 3: Model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models, and similar techniques.
 
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The assets and liabilities that are fair valued on a recurring basis are described below and contained in the following tables. In addition, on a non-recurring basis, the Company may be required to record other assets and liabilities at fair value. These non-recurring fair value adjustments involve the lower of carrying value or fair value accounting and write-downs resulting from impairment of assets.


35



Due to the short-term nature, carrying amounts of cash, cash equivalents, restricted cash, accounts receivable and accounts payable approximate fair value.

The following tables summarize our financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2020, and December 31, 2019, respectively (dollar values in thousands, other than per-share values):
 
Balance Sheet Location
 
March 31, 2020
 
Quotes Prices in Active Markets
(Level 1)
 
 Significant Other Observable Inputs
(Level 2)
 
 Significant Other Unobservable Inputs
(Level 3)
Liabilities:
 
 
 
 
 
 
 
 
 
Contingently issuable shares (1)
Accounts payable and accrued liabilities
 
$
98

 
$

 
$

 
$
98

Phantom stock options (2)
Other non-current liabilities
 
243

 

 

 
243

Total
 
 
$
341

 
$

 
$

 
$
341

 
Balance Sheet Location
 
December 31, 2019
 
Quotes Prices in Active Markets
(Level 1)
 
 Significant Other Observable Inputs
(Level 2)
 
 Significant Other Unobservable Inputs
(Level 3)
Liabilities:
 
 
 
 
 
 
 
 
 
Contingently issuable shares (1)
Accounts payable and accrued liabilities
 
$
305

 
$

 
$

 
$
305

Phantom stock options (2)
Other non-current liabilities
 
464

 

 

 
464

Total
 
 
$
769

 
$

 
$

 
$
769

(1) In connection with the Sound-Recording Settlements (as described in Note 10. Commitments and Contingencies above), the Company is obligated to issue to UMG (as defined in that Note) 20,000 shares of its common stock when and if the closing price of the Company's common stock exceeds $250.00 per share and an additional 16,000 shares of common stock when and if the closing price of the Company’s common stock exceeds $300.00 per share. Such contingently issuable shares are classified as liabilities and are re-measured to fair value each reporting period.
(2) Our cash-settled phantom stock options are accounted for as liability awards and are re-measured at fair value each reporting period with changes flowing through statement of operations. As of March 31, 2020, the aggregate estimated fair value of our cash-settled phantom stock options was $0.2 million, of which the amortized portion recognized as a liability in our condensed consolidated balance sheet was $0.2 million.

The following table shows the carrying amounts and the fair values of our long-term debt in the condensed consolidated financial statements at March 31, 2020 and December 31, 2019, respectively (in thousands):
 
March 31, 2020
 
December 31, 2019
 
Carrying Amount(7)
 
Fair Value
 
Carrying Amount (7)
 
Fair Value
Senior secured term loan facility, due January 2023 (+)(1)
$
485,405

 
$
317,948

 
$
485,166

 
$
454,168

Senior secured revolving credit facility, due January 2022 (+)(2)
80,615

 
80,615

 
43,315

 
43,315

Convertible senior notes due 2035 (1)(3)
71,302

 
5,775

 
71,126

 
37,125

Second Lien Notes, due June 2023(4)(5)
161,121

 
23,058

 
149,772

 
99,922

Other debt (6)
22,937

 
22,937

 
23,683

 
23,685

 
$
821,380

 
$
450,333

 
$
773,062

 
$
658,215

(+)
This facility is a component of the 2017 Credit Agreement.
(1)
The estimated fair value is classified as Level 2 financial instrument and was determined based on quoted prices of the instrument in a similar over-the-counter market.
(2)
The estimated fair value is considered to approximate carrying value and is classified as Level 3 financial instruments.
(3)
The fair value of the 2.75% Convertible Notes is exclusive of the conversion feature therein, which was originally allocated for reporting purposes at $13.0 million, and is included in the condensed consolidated balance sheets within “Additional paid-in capital”. The principal amount outstanding of the Convertible Notes was $82.5 million as of March 31, 2020, and the carrying amount in the foregoing table reflects this outstanding principal amount net of debt issuance costs and discount associated with the equity component.
(4)
The principal amount outstanding of the Second Lien Notes, due June 2023 as set forth in the foregoing table was $188.7 million as of March 31, 2020, and includes $38.7 million of payment-in-kind (“PIK”) interest converted to principal since debt issuance. The value allocated to the attached penny warrants and market warrants for financial reporting purposes was $14.9 million and $9.3 million, respectively. These qualify for classification in stockholders’ equity and are included in the condensed consolidated balance sheets within “Additional paid-in capital” (see Note 10. Financing Arrangements).


36


(5)
The fair value of the Second Lien Notes was determined based on a Black-Derman-Toy interest rate Lattice model. The key inputs of the valuation model contain certain Level 3 inputs.
(6)
The estimated fair value is considered to approximate carrying value given the short-term maturity and is classified as Level 3 financial instruments. For March 31, 2020, Other debts primarily consisted of (i) $3.4 million financing for transponder purchases, which was payable April 2020, and remains unpaid at filing date; and (ii) $18.4 million of finance lease liability relating to an assessed right-of-use over a satellite bandwidth capacity (refer to Note 4. Leases for further details).
(7)
The carrying amounts presented above at March 31, 2020 and December 31, 2019 are net of $58.1 million and $60.5 million of unamortized bond discounts and issuance costs, respectively.

Non-financial Assets Measured at Fair Value on a Nonrecurring Basis
The Company measures certain non-financial assets at fair value on a nonrecurring basis, primarily goodwill and long-lived tangible, equity method investments and intangible assets, in connection with periodic evaluations for potential impairment. The Company estimates the fair value of these assets using primarily unobservable inputs and, as such, these are considered Level 3 fair value measurements.

In the first quarter of 2020, the long-term operating plan for the Maritime & Land Connectivity reporting unit was updated to reflect current expectations for future growth and profitability, which were lower than previous expectations. Due to lowered expectations, the Company tested the Maritime and Land Segment goodwill for impairment three quarters prior to the annual evaluation. Step 1 test results indicated that the estimated fair value of the reporting unit was less than the carrying value. This impairment was primarily due to lower than expected financial results of the reporting unit during the three months ended March 31, 2020 due primarily to impacts of COVID-19 outbreak on our cruise and yacht channels, coupled with the loss of a Brazilian government customer and  continuation of exiting the mobile network operation channel. Given these indicators, the Company then determined that there was a higher degree of uncertainty in achieving its financial projections for this unit and as such, increased its discount rate, which reduced the fair value of the unit.

In our Step 2 analysis, we used a combination of the expected present value of future cash flows (income approach) and comparable public companies (market approach) to determine the fair value of the reporting unit. The fair value analysis took into account recent and expected operating performance as well as the overall decline in the Maritime industry. Within our Maritime & Land Segment, the Company recognized a goodwill impairment charge of $22.1 million in Q1 2020. (see Note 2. Summary of Significant Accounting Policies for previous discussion about approach to estimating fair value for these level-3 assets).

The Company determined the carrying value of the interests in the WMS and Santander Teleport S.L. (“Santander”) joint ventures exceeded their estimated fair value of the Company’s interests, which management concluded was other than temporary. The Company recorded an impairment charge of $10.1 million and $3.0 million relating to its WMS and Santander equity investments, respectively. This WMS impairment was primarily the result of lower than expected financial results for the quarter ended March 31, 2020 due to the uncertainty related to the impacts of the COVID-19 pandemic on the cruise industry.
Note 17.    Concentrations

Financial instruments that potentially subject us to a concentration of credit risk consist of cash and cash equivalents and accounts receivable.

As of March 31, 2020, and 2019, we maintained our cash and cash equivalents primarily with major U.S. financial institutions and foreign banks. Deposits with these institutions at times exceeded the federally insured limits, which potentially subjects us to concentration of credit risk. We have not historically experienced any losses related to these balances and believe that there is minimal risk of any such losses.

As of March 31, 2020, approximately $4.8 million of our total cash and cash equivalents of $54.2 million was held by our foreign subsidiaries. If we repatriate these funds for use in our U.S. operations, we may be required to pay income taxes in the U.S. on the repatriated amount at the tax rates then in effect, reducing the net cash proceeds to us after repatriation. In the event we elect to repatriate any of these funds, we believe we have sufficient net operating losses for the foreseeable future to offset any repatriated income. As a result, we do not expect that any such repatriation would create a tax liability in the U.S. or have a material impact on our effective tax rate.



37


Customer Concentration
A substantial portion of our revenue is generated through arrangements with Southwest Airlines, Inc. (“Southwest Airlines”). As of March 31, 2020 and 2019, the percentage of revenue generated through this customer was as follows:
 
Three Months Ended March 31,
 
2020
 
2019
Southwest Airlines as a percentage of total revenue
20
%
 
21
%
Southwest Airlines as a percentage of Connectivity revenue
38
%
 
39
%

No other customer accounted for greater than 10% of total revenue for the periods presented. Accounts receivable from Southwest Airlines represented 16% and 17% of the total accounts receivable as of each of March 31, 2020 and December 31, 2019, respectively.

Note 18.    Net Results Per Share

Basic loss per share is computed using the weighted-average number of common shares outstanding during the period. Diluted loss per share is computed using the weighted-average number of common shares and the dilutive effect of contingent shares outstanding during the period. Potentially dilutive contingent shares, which consist of stock options, restricted stock units (including performance stock units), liability warrants, warrants issued to third parties and accounted for as equity instruments, convertible senior notes and contingently issuable shares, have been excluded from the diluted loss per share calculation when the effect of including such shares is anti-dilutive. Common stock to be issued upon the exercise of warrant instruments classified as a liability is not included in the calculation of diluted loss per share because the effect of including such shares is anti-dilutive.

The following table sets forth the computation of basic and diluted net loss per share of common stock. All per share amounts presented below, have been adjusted for the Reverse Stock Split. (in thousands, except per share amounts):
 
 
Three Months Ended March 31,
 
 
2020
 
2019
Net loss (numerator):
 
 
 
 
Net loss – basic and diluted
 
$
(80,925
)
 
$
(37,609
)
Shares (denominator):
 
 
 
 
Weighted-average shares – basic and diluted
 
3,718

 
3,673

Diluted
 
$
(21.77
)
 
$
(10.23
)

The following weighted average common equivalent shares are excluded from the calculation of the Company’s net loss per share as their inclusion would have been anti-dilutive (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Employee stock options
203

 
205

Restricted and performance stock units
170

 
87

2.75% convertible senior notes due 2035
178

 
178

Contingently issuable shares (1)
36

 
36

Searchlight Penny Warrants (2)
723

 
723

Searchlight Market Warrants (2)
520

 
520


(1)
In connection with the Sound Recording Settlement, we are obligated to issue 20,000 shares of our common stock to UMG when and if the closing price of our common stock exceeds $250.00 per share, and 16,000 shares of our common stock to UMG when and if the closing price of our common stock exceeds $300.00 per share.
(2)
On March 27, 2018, the Company issued $150.0 million in aggregate principal amount of its Second Lien Notes to Searchlight, combined with two sets of warrants to acquire the Company’s common stock. For further details see Note 10. Financing Arrangements to our 2019 Form 10-K.



38


Note 19.    Subsequent Events

Amendments to 2017 Credit Agreement
On April 7, 2020, the Company entered into an Eighth Amendment to 2017 Credit Agreement among the Company, the guarantors party thereto, the lenders party thereto and Citibank, N.A., as administrative agent, which modified the 2017 Credit Agreement with respect to the following terms:

the affirmative financial reporting covenant was modified, effective March 31, 2020, to extend the delivery deadline, solely with respect to such financial statements to be provided for the fiscal year ended December 31, 2019 and such accompanying report and opinion from such independent registered public accounting firm, to April 9, 2020.

On April 9, 2020, the Company entered into a Ninth Amendment to 2017 Credit Agreement among the Company, the guarantors party thereto, the lenders party thereto and Citibank, N.A., as administrative agent, which modified the 2017 Credit Agreement with respect to the following terms:

the affirmative financial reporting covenant was modified, to extend the delivery deadline, solely with respect to such financial statements to be provided for the fiscal year ended December 31, 2019 and such accompanying report and opinion from such independent registered public accounting firm, to April 16, 2020.

On April 15, 2020, the Company entered into a Tenth Amendment to 2017 Credit Agreement (the “Tenth Amendment to 2017 Credit Agreement”) among the Company, the guarantors party thereto, the lenders party thereto and Citibank, N.A., as administrative agent, which modified the 2017 Credit Agreement with respect to the following terms:

The deadline for delivery of audited consolidated annual financial statements of the Company for the fiscal year ended December 31, 2019 was extended from April 16, 2020 until May 14, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission), and such financial statements may be subject to a “going concern” qualification.

The deadline for delivery of unaudited condensed consolidated quarterly financial statements of the Company for fiscal quarter ended March 31, 2020 was extended from the date that is 45 days after the end of such fiscal quarter until June 29, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission).

The deadline for delivery of a consolidated budget for fiscal year 2020 in respect of such fiscal year was extended from 120 days after the end of the 2019 fiscal year until June 1, 2020.

The Company was not required to comply with the maximum consolidated first lien net leverage ratio for the test period ended on March 31, 2020.

In addition, pursuant to the Tenth Amendment to 2017 Credit Agreement, the lenders consented to the Third Amendment to Securities Purchase Agreement (described below) and to the transactions contemplated thereby. The Tenth Amendment to 2017 Credit Agreement was conditioned upon the Company being current on all interest on the loans that was due and payable immediately prior to giving effect to the Tenth Amendment to 2017 Credit Agreement, and included the following additional covenants with respect to the Company:

The Company agreed to furnish to advisors of the lenders (on a “professional eyes only” basis) a rolling thirteen-week budget cash flow forecast on a consolidated basis for the Company and its subsidiaries, and a material variance report for the prior week as compared to the applicable previously furnished forecast, with such forecast to be updated every four weeks and the material variance report to be distributed on a weekly basis.

The Company agreed to maintain undrawn revolving commitments plus cash and cash equivalents of the Company and its subsidiaries in an aggregate amount of not less than $17.5 million.

The Company agreed to make senior management, and certain advisors of the Company available to participate in such conference calls as the advisors of the lenders may request to discuss the financial results and financial condition of the Company and its subsidiaries, and the Company agreed to provide such other information regarding the financial results,


39


financial condition and business affairs of the Company and its subsidiaries as the advisors of the lenders may reasonably request.

Within five business days of the effective date of the Tenth Amendment to 2017 Credit Agreement, the Company was required to establish an independent committee of its board of directors, consisting of at least three members, each of whom is a Qualified Independent Director (as defined therein), for the purpose of exploring financing, recapitalization, strategic transactions and other similar opportunities and transactions for the Company and its subsidiaries. An independent committee has been established per the requirements of the Tenth Amendment to 2017 Credit Agreement. Authorization by such independent committee is required in connection with the Company’s or its applicable subsidiaries’ entering into any such financing, recapitalization, strategic transaction or other similar opportunity or transaction.

Amendment to Securities Purchase Agreement
In addition, on April 15, 2020, the Company entered into a Third Amendment to Securities Purchase Agreement (the “Third Amendment to Securities Purchase Agreement”) among the Company, the guarantors party thereto, and each purchaser party thereto. The Third Amendment to Securities Purchase Agreement amends and modifies the Securities Purchase Agreement, including with respect to the following terms:

The deadline for delivery of audited consolidated annual financial statements of the Company for the fiscal year ended December 31, 2019 was extended from the date that is 120 days after the end of such fiscal year until the date that is 30 days after May 14, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission), and such financial statements may be subject to a “going concern” qualification.

The deadline for delivery of unaudited consolidated quarterly financial statements of the Company for fiscal quarter ended March 31, 2020 was extended from the date that is 60 days after the end of such fiscal quarter until the date that is 15 days after June 29, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission).

The deadline for delivery of a consolidated budget for fiscal year 2020 in respect of such fiscal year was extended from 120 days after the end of the 2019 fiscal year until June 1, 2020. Pursuant to the Second Lien Amendment, the noteholders consented to the Tenth Amendment to 2017 Credit Agreement and to the transactions contemplated thereby.

Reverse Stock Split
On November 6, 2019, we received a letter from the Listing Qualifications staff (the “Staff”) of Nasdaq that, based upon our non-compliance with the minimum $1.00 bid price requirement for continued listing on The Nasdaq Capital Market required to maintain continued listing under the Nasdaq listing rules (the “Bid Price Rule”), our common stock would be subject to delisting from Nasdaq unless we timely requested a hearing before the Nasdaq Hearings Panel (the “Panel”). In accordance with Nasdaq’s procedures, we timely appealed Nasdaq’s determination by requesting a hearing before the Panel to seek continued listing of our common stock. The hearing was held on December 5, 2019.

On December 16, 2019, the Panel granted the Company’s request for continued listing of the Company’s common stock on The Nasdaq Capital Market pursuant to an initial extension through April 15, 2020 or, in certain circumstances, through May 4, 2020. On March 17, 2020, we received notification that the Panel granted a further extension through May 4, 2020 in which to regain compliance with the Bid Price Rule in light of the extreme volatility in financial markets resulting from COVID-19.

On April 13, 2020, we received another letter from the Staff notifying us that we were not in compliance with Nasdaq Listing Rule 5550(b)(2) (the “MVLS Rule”) for continued listing on The Nasdaq Capital Market, because the market value of our listed securities was less than $35 million for the previous 30 consecutive business days.

On April 15, 2020, the Board of Directors approved a reverse stock split of the Company’s outstanding and authorized shares of common stock at a ratio of 1-for-25 (the “Reverse Stock Split”). As a result of the Reverse Stock Split, the number of the Company’s issued and outstanding shares of common stock was decreased from 92,944,935 to 3,717,797, all with a par value of $0.0001. The effective date of the Reverse Stock Split was April 16, 2020. The Reverse Stock Split affected all stockholders uniformly and did not alter any stockholder’s percentage interest in the Company’s common stock, except for adjustments that may result from the treatment of fractional shares as follows: (i) no fractional shares were issued as a result of the Reverse Stock Split; and (ii) stockholders who would have been entitled to a fractional share as a result of the Reverse Stock Split instead received a cash


40


payment from the transfer agent in an amount equal to the fractional share multiplied by the closing price of our common stock the day before the Reverse Stock Split became effective. All amounts presented in these financial statements, have been adjusted for this Reverse Stock Split. The objective of the Reverse Stock Split was to enable us to regain compliance with the Bid Price Rule and maintain our listing on Nasdaq.

On April 30, 2020, Nasdaq notified us that we had regained compliance with the Bid Price Rule; however, we remain non-compliant with the MVLS Rule. Under the Nasdaq listing rules, we have until October 12, 2020 to regain compliance with the MVLS Rule by demonstrating that the market value of our listed securities is $35 million or more for a minimum of 10 consecutive business days. If we do not regain compliance with the MVLS Rule by the required date, we may appeal for an extension to regain compliance with no assurance that we will be successful in obtaining the extension. If we do not regain compliance by October 12, 2020 or by the extended compliance date, if applicable, Nasdaq would delist our common stock from The Nasdaq Capital Market.

Company Credit Rating
On April 10, 2020, S&P Global downgraded the Company’s credit to CCC-. On April 6, 2020 Moody’s downgraded the Company’s credit rating one notch from B3 to Caa2, primarily due to the impact of the COVID-19 pandemic on our operations.



41


ITEM 2.    MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

As used herein, “Global Eagle Entertainment,” “Global Eagle,” the “Company,” “our,” “we,” or “us” and similar terms include Global Eagle Entertainment Inc. and its subsidiaries, unless the context indicates otherwise.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this Quarterly Report on Form 10-Q (this “Form 10-Q”) may constitute “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements with respect to our expected Adjusted EBITDA, revenue and margin growth and sustainable positive free cash flow in future periods, our aviation-connectivity installations in future periods, the length and severity of COVID-19 or other catastrophic events and the related impact on both customer demands and supply chain functions, as well as our future consolidated financial position, results of operations and cash flows, the impact from the COVID-19 pandemic and the Boeing 737 MAX aircraft grounding on our financial performance, our business and financial-performance outlook, industry, business strategy, plans the potential sale of certain businesses and assets, potential restructuring activities, business and M&A integration activities, operating-expense and cost structure improvements and reductions and our ability to execute and realize the benefits of our cost-savings plans, international expansion, future technologies, future operations, financial covenant compliance, margins, profitability, future efficiencies, liquidity, ability to generate positive cash flow from operating activities, and other financial and operating information. The words “anticipate,” “assume,” “believe,” “budget,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “future” and the negative of these or similar terms and phrases are intended to identify forward-looking statements in this Form 10-Q.

Forward-looking statements reflect our current expectations regarding future events, results or outcomes. These expectations may or may not be realized. Although we believe the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. Some of these expectations may be based upon assumptions, data or judgments that prove to be incorrect. Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors. Although it is not possible to identify all of these risks and factors, they include, among others, the following:

the effect that the rapid spread of contagious illnesses, such as the coronavirus, is having and could continue to have on our business and results of operations;
our ability to successfully pursue and consummate financing, recapitalization, strategic transactions and other similar transactions to address the substantial doubt about the company’s ability to continue as a going concern, and our ability to do so without filing for bankruptcy court protection;
the substantial risk that it may be necessary for us to seek protection under Chapter 11 of the United States Bankruptcy Code, which could make it difficult for us to retain management and other key personnel
our ability to anticipate and keep pace with rapid changes in customer needs and technology;
negative external perceptions that damage our reputation among potential customers, investors, employees, advisors and vendors;
service interruptions or delays, technology failures, damage to equipment or software defects or errors and the resulting impact on our reputation and ability to attract, retain and serve our customers;
the effect of cybersecurity attacks, data or privacy breaches, data or privacy theft, unauthorized access to our internal systems or connectivity or media and content systems, or phishing or hacking, on our business, our relationships with customers, vendors and our reputation;
our ability to timely remediate material weaknesses in our internal control over financial reporting; the effect of those weaknesses on our ability to report and forecast our operations and financial performance, and our ability to raise future capital or complete acquisitions through the use of Form S-3; and the impact of our remediation efforts (and associated management time and costs) on our liquidity and financial performance;
our ability to maintain effective disclosure controls and internal control over financial reporting;
our ability to execute on our operating-expense and cost-structure realignment plan and realize the benefits of those initiatives;
our dependence on the travel industry;
our ability to expand our international operations and the risks inherent in our international operations, especially in light of current and future trade and national-security disputes;
our ability to plan expenses and forecast revenue due to the long sales cycle of many of our Media & Content segment’s products;
our dependence on our existing relationship and agreement with Southwest Airlines;
the timing and conditions surrounding the return to normal production and revenue service of the Boeing 737 MAX aircraft;
our ability to develop new products or services or enhance those we currently provide in our Media & Content segment;
our ability to accelerate dividends from, or dispose of our 49% interest in Wireless Maritime Services, LLC (”WMS”);
our ability to integrate businesses or technologies we have acquired or may acquire in the future;
our ability to successfully divest or dispose of business that are deemed not to fit with our strategic plan;


42


the effect of future acts or threats of terrorism, threats to national security and other actual or potential conflicts, wars, geopolitical disputes or similar events on the use of Wi-Fi enabled devices on our aircraft and maritime vessels;
the effect of natural disasters, adverse weather conditions or other environmental incidents on our business;
the possibility that our insurance policies may not fully cover all loses we incur;
our ability to obtain new customers and renew agreements with existing customers;
our customers’ solvency, inability to pay and/or delays in paying us for our services, and potential claims related to payments from customers received prior to such customers’ insolvency proceedings;
our ability to retain and effectively integrate and train key members of senior management;
our ability to recruit, train and retain highly skilled technical employees;
our ability to receive the anticipated cash distributions or other benefits from our investment in the WMS;
the effect of a variety of complex U.S. and foreign tax laws and regimes due to the global nature of our business;
our ability to utilize our net operating loss carryforwards and certain other tax attributes may be limited;
our ability to continue to be able to make claims for e-business and multimedia tax credits in Canada;
our exposure to interest rate and foreign currency risks;
the effect of political changes and developments globally, including Brexit, on our customers and our business;
our need to invest in and develop new broadband technologies and advanced communications and secure networking systems, products and services and antenna technologies as well as their market acceptance;
increased demand by customers for greater bandwidth, speed and performance and increased competition from new technologies and market entrants;
customer attrition due to direct arrangements between satellite providers and customers;
our reliance on “sole source” service providers and other third parties for key components and services that are integral to our product and service offerings;
the potential need to materially increase our investments in product development and equipment beyond our current investment expectations;
equipment failures or software defects or errors that may damage our reputation or result in claims in excess of our insurance or warranty coverage;
satellite failures or degradations in satellite performance;
our use of fixed-price contracts for satellite bandwidth and potential cost differentials that may lead to losses if the market price for our services declines relative to our committed cost;
our ability to plan expenses and forecast revenue due to the long sales cycle of many of our Connectivity segment’s products;
increased on-board use of personal electronic devices and content accessed and downloaded prior to travel which may cause airlines to reduce investment in seatback entertainment systems;
increased competition in the in-flight entertainment (“IFE”) and in-flight connectivity (“IFC”) system supply chain;
pricing pressure from suppliers and customers in our Media & Content segment and a reduction in the aviation industry’s use of intermediary content service providers (such as us);
a reduction in the volume or quality of content produced by studios, distributors or other content providers or their refusal to license content or other rights upon terms acceptable to us;
a reduction or elimination of the time between our receipt of content and it being made available to the rental or home viewing market (i.e., the “early release window”);
the refusal of content providers to license content to us, operational complexity and increased costs or reducing content that we offer due to challenges maintaining and tracking our music content licenses and rights related thereto, which could cause a decline in customer retention or inability to win new business;
our use of fixed-price contracts in our Media & Content segment that may lead to losses in the future if the market price for our services declines relative to our committed cost;
our ability to successfully implement a new enterprise resource planning system;
our ability to protect our intellectual property;
the effect on our business and customers due to disruption of the technology systems utilized in our business operations;
the costs to defend and/or settle current and potential future civil intellectual property lawsuits (including relating to music and other content infringement) and related claims for indemnification;
changes in regulations and our ability to obtain regulatory approvals to provide our services or to operate our business in particular countries or territorial waters;
compliance with U.S. and foreign regulatory agencies, including the Federal Aviation Administration (“FAA”), the U.S. Department of Treasury’s Office of Foreign Asset Control (“OFAC”), Federal Communications Commission (“FCC”), and Federal Trade Commission (“FTC”) and their foreign equivalents in the jurisdictions in which we and our customers operate;
regulation by foreign government agencies that increases our costs of providing services or requires us to change services;
changes in government regulation of the Internet, including e-commerce or online video distribution;


43


our ability to comply with trade, export, anti-money laundering and anti-bribery practices and data protection laws, especially the U.S. Foreign Corrupt Practices Act, the U.K. Bribery Act, the General Data Protection Regulation and the California Consumer Privacy Act.
changes in foreign and domestic civil aviation authorities’ orders, airworthiness directives, or other regulations that restrict our customers’ ability to operate aircraft on which we provide services;
our (along with our directors’ and officers’) exposure to civil stockholder litigation relating to our investor disclosures and the related costs of defending and insuring against such litigation;
uninsured or underinsured costs associated with stockholder litigation and any uninsured or underinsured indemnification obligations with respect to current and former executive officers and directors;
limitations on our cash flow available to make investments due to our substantial indebtedness and covenants set forth in our debt agreements, including a maximum consolidated first lien net leverage ratio covenant (the “Maximum First Lien Leverage”) covenant and a minimum liquidity covenant (the “Minimum Liquidity”) covenant, and our ability to generate sufficient cash flow to make principal and interest payments thereon, comply with our reporting and financial covenants, or fund our operations;
our ability to repay the principal amount of our bank debt, second lien notes due June 30, 2023 (the “Second Lien Notes”) and/or 2.75% convertible senior notes due 2035 (the “Convertible Notes”) at maturity or upon acceleration thereof, to raise the funds necessary to settle conversions of our Convertible Notes or to repurchase our Convertible Notes upon a fundamental change or on specified repurchase dates or due to future indebtedness;
the conditional conversion of our Convertible Notes;
the effect on our reported financial results of the accounting method for our Convertible Notes;
the impact of the fundamental change repurchase feature and change of control repurchase feature of the Securities Purchase Agreement on our price or potential as a takeover target;
the effect of the downgrade of our credit rating on our business, reputation and ability to raise capital;
our potential as a takeover target due to price depression of our common stock;
the dilution or price depression of our common stock that may occur as a result of the conversion of our Convertible Notes and/or Searchlight warrants;
our ability to meet the continued listing requirements of The Nasdaq Capital Market (“Nasdaq”), given our receipt of a notice from the Listing Qualifications staff (the “Staff”) of Nasdaq that our market value of listed securities does not meet the minimum $35 million requirement pursuant to Nasdaq rules;
conflicts between our interests and the interests of our largest stockholders;
volatility of the market price of our securities;
anti-takeover provisions contained in our charter and bylaws and our Shareholder Rights Plan;
the dilution of our common stock if we issue additional equity or convertible debt securities;
the possibility that we may experience delays in filing our periodic SEC reports due to our material weaknesses in our internal control over financial reporting, which would result in our ineligibility to use a registration statement on Form S-3 to register the offer and sale of securities in the future;
additional losses due to further impairment in the carrying value of our goodwill;
changes in accounting standards, including the new credit loss standards; and,
other risks and factors listed under “Risk Factors” in Part II, Item 1A of this Quarterly Report and in our Annual Report on Form 10-K for the year ended December 31, 2019.


The forward-looking statements herein speak only as of the date the statements are made as of the filing date of this Form 10-Q. You should not put undue reliance on any forward-looking statements. We assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.



44


Overview of the Company

We are a leading provider of media and satellite-based connectivity to fast-growing, global mobility markets across air, sea and land. Our principal operations and decision-making functions are located in North America, South America and Europe. We have two operating segments: (i) Media & Content and (ii) Connectivity. We generate revenue primarily through licensing and related services from our Media & Content segment and from the delivery of satellite-based Internet service and content to the aviation, maritime and land markets and the sale of equipment from our Connectivity segment. Our chief operating decision maker regularly analyzes revenue and profit on a segment basis, and our results of operations and pre-tax income or loss on a consolidated basis in order to understand the key business metrics driving our business.

For the three months ended March 31, 2020, we reported revenue of $144.2 million and a net loss of $80.9 million, compared to our reported revenue of $166.6 million, and a net loss of $37.6 million during the prior-year period. The net loss during the three months ended March 31, 2020 was due in part to a non-cash impairment charge, as described below. In addition, for the three months ended March 31, 2020 and 2019, one airline customer, Southwest Airlines, Inc. (“Southwest Airlines”) accounted for 20% and 21%, respectively, of our total revenue.

Impacts from COVID-19 Pandemic and Recent Developments

In March 2020, the World Health Organization declared a pandemic resulting from COVID-19. In response to COVID-19, local and national governments around the world instituted shelter-in-place and similar orders and travel restrictions, and airline and maritime travel decreased suddenly and dramatically. The COVID-19 pandemic is having, and will likely continue to have, a significant negative impact on several important aspects of our business:
Our financial performance. The COVID-19 pandemic is having a significant negative impact on our financial performance, driven primarily by a decrease in flight levels, new aircraft shipments, cruise ship passengers and vessel usage, and a corresponding increase in reductions and deferrals of our contracts and an overall decrease in volume and usage. These factors have had a material adverse impact on our consolidated financial position, consolidated results of operations, and consolidated cash flows in the first quarter of fiscal 2020, and will likely continue to negatively impact our results for the full fiscal year. Net loss for the first quarter 2020 was $80.9 million, an increase of $43.3 million and included a $22.1 million non-cash impairment of goodwill related to the Maritime & Land Connectivity reporting unit. The non-cash impairment was driven by a higher degree of uncertainty given the COVID-19 environment, as further described below. Meanwhile, the decline in our total revenue, from $ 166.6 million during the first quarter of 2019 to $144.2 million during the first quarter of 2020, was driven in part by the early impact of COVID-19 and a production halt in January of the Boeing 737 MAX aircraft, which the FAA and other regulators had grounded during 2019-2020 following flight incidents.

Customer demand. Our customers in the airline, cruise ship and other maritime industries, have been heavily impacted by the COVID-19 pandemic, through travel restrictions, government and business-imposed shutdowns or other operating issues resulting from the pandemic. The pandemic is ongoing and dynamic in nature and, to date, our customers have experienced temporary closures in key regions globally. Growth in our overall business is principally dependent upon the number of customers that purchase our services, our ability to negotiate favorable economic terms with our customers and partners and the number of travelers who use our services. In addition, certain of our customers have ceased or delayed payment or filed for insolvency protection, and we are unable to predict the speed of recovery of the travel sector necessary to mitigate these ongoing risks. To date, customer purchasing activity has been significantly impacted and we expect this to continue to negatively affect us. We have a large concentration of customers that operate in the Asian, European, Pacific, and Middle Eastern market regions which experienced shutdowns from the COVID-19 pandemic well before domestic airline customers. As such we saw a decline by percentage in the number of contracts with our customers in the first quarter of 2020 which was greater than that seen by the general airline industry in the U.S. The extent and duration of the pandemic remains uncertain, and is expected to continue to impact consumer purchasing activity if disruptions continue throughout the year, which could continue to negatively impact us. Additionally, payments to certain vendors have not been made in accordance with payment terms. To date, no critical vendors have stopped providing goods or services. However, if a critical vendor were to discontinue doing business with us, this could result in further material adverse impacts on our results. We continue to monitor the potential impact of the COVID-19 pandemic.

CARES Act
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was enacted in response to the COVID-19 pandemic. The CARES Act, among other things, allows employers to defer payment of employer Social Security taxes that are


45


otherwise owed for wage payments made after March 27, 2020, through the end of the calendar year. In addition, the CARES Act provides for various grants, loans and other financial support for certain companies that are affected by the COVID-19 pandemic. Accordingly, we have submitted applications for U.S. Treasury Loans. There is no assurance that our application will be approved or that any sources of financings under the CARES Act will be available to us on favorable terms or at all. It is possible that further regulatory guidance under the CARES Act will be forthcoming.

Our Operations: The COVID-19 pandemic has disrupted, and continues to disrupt, our day-to-day activities, including limiting our access to facilities and its employees. During the first quarter of 2020, the Company’s management initiated its multi-year Transformation 2022 cost savings initiatives, which targets simplification and standardization, improved Connectivity network efficiency, labor and footprint rationalization among other improvements. During the second quarter of 2020, we reduced headcount and the utilization of contract labor and have planned additional reductions through early 2021 resulting in a 10% reduction in total headcount. Additionally, the Company’s management is optimizing the cost of the workforce by utilizing lower cost locations and creating centralized Centers of Excellence, aimed at providing more efficient and focused services at lower cost. In addition to labor savings we will reduce facilities cost by enabling the further consolidation of offices. We are aggressively working with our third party partners to optimize cost and align service levels to the current requirements.    

In response to the COVID-19 pandemic and related government restrictions negatively impacting our operations, subsequent to March 31, 2020, we began renegotiating certain lease agreements to obtain rent relief in the near term, in order to help offset the negative financial impacts of COVID-19. On April 10, 2020, the Financial Accounting Standards Board ("FASB") staff issued a question-and-answer document providing guidance for lease concessions provided to lessees in response to the effects of COVID-19. Such guidance allows lessees to make an election not to evaluate whether a lease concession provided by a lessor should be accounted for as a lease modification in the event the concession does not result in a substantial increase in the rights of the lessor or the obligations of the lessee. We intend to elect this practical expedient in our accounting for any lease concessions provided for our real estate lease agreements.See Note 4. Leases of the Consolidated Financial Statements for further details.

Liquidity and Cost Management
We have engaged financial and legal advisors to assist us in, among other things, analyzing various strategic alternatives to address our liquidity and capital structure, including strategic and refinancing alternatives to restructure our indebtedness in private transactions. Due to our current financial constraints, there is a substantial risk that it may be necessary for us to seek protection under Chapter 11 of the United States Bankruptcy Code. For further discussion of this risk, please see Part II, Item IA “Risk Factors” of this Report.

On February 28, 2020, as a precautionary measure to ensure financial flexibility and maintain maximum liquidity in response to the COVID-19 pandemic, we further leveraged our balance sheet, and executed a drawdown of the remaining $41.8 million under our senior secured revolving credit facility (the “Revolving Credit Facility”), referred to as (the “Drawdown”) with a corresponding increase in our cash on hand. Following the Drawdown, we have no remaining borrowing under the Revolving Credit Facility. As of June 30, 2020, we had approximately $30.7 million of cash and cash equivalents.

The impact of the COVID-19 pandemic on the global travel industry created an urgent liquidity crisis for the airline, cruise ship and other maritime industries, with follow-on impact to the Company. As of March 31, 2020, our principal source of liquidity was our cash and cash equivalents of approximately $54.2 million. In addition, we had approximately $0.7 million of restricted cash, which amount is excluded from the $54.2 million of cash and cash equivalents, and was attached to letters of credit between our subsidiaries and certain customers. Our cash is invested primarily in cash and money market funds in banking institutions in the U.S., Canada and Europe and to a lesser extent in Asia Pacific. Our total debt balance increased from $773.1 million at December 31, 2019 to $821.4 million at March 31, 2020.

Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 205-40, Presentation of Financial Statements - Going Concern, requires that an entity’s management evaluate whether there are relevant events and conditions that in aggregate initially indicate that it will not be able to meet its obligations as they become due within one year after the date that the financial statements are issued, and therefore raise substantial doubt about the entity’s ability to continue as a going concern. The Company’s management has evaluated events and conditions as further described below, including historical losses and negative cash flows from operations, government and industry-imposed travel restrictions in the aviation and maritime industries that the Company services, and the Company’s projected future violations with the covenants contained in our existing indebtedness, including the maximum consolidated first lien net leverage ratio (“Maximum First Lien Leverage”) and a covenant requiring it to maintain minimum levels of undrawn revolving commitments plus cash and cash equivalents (“Minimum Liquidity”)


46


contained in the Senior Secured Credit Agreement entered into on January 6, 2017 (as amended, the “2017 Credit Agreement”), in future periods. These events and conditions have raised substantial doubt of the Company’s ability to satisfy existing debt obligations and pay down past due accounts payable and other obligations as they become due in the next 12 months.

The Company’s principal sources of liquidity have historically been its debt and equity issuances and its cash and cash equivalents. The Company’s long-term ability to continue as a going concern is dependent on its ability to comply with the covenants in its indebtedness, increase revenue, reduce costs and deliver satisfactory levels of profitable operations. A substantial amount of the Company's cash requirements is for debt service obligations. The Company has generated substantial historic operating losses.

The Company has incurred net losses and had negative cash flows from operations for the first quarter ended March 31, 2020 primarily as a result of the negative operating impact of COVID-19, managing working capital and cash interest and principal payments arising from the Company's substantial debt balance. Net cash used in operations was $3.7 million for the three months ended March 31, 2020 which included cash paid for interest of $14.6 million. Working capital deficiency “(defined as current assets less current liabilities)” increased by $776.7 million, to $840.0 million as of March 31, 2020, compared to $63.4 million as of December 31, 2019. The Company's current forecast indicates it will continue to incur net losses and generate negative cash flows from operating activities as a result of the Company's indebtedness and significant related interest expense and uncertainty related to the impact of COVID-19 on the results of operations.

The Company was in compliance with all lender covenants for the period ended March 31, 2020. However, in anticipation of failing the Maximum First Lien Leverage covenant, the Company sought and was granted a waiver over such covenant on April 15, 2020 in connection with the Tenth Amendment to the 2017 Credit Agreement (the “Tenth Amendment to 2017 Credit Agreement”), while the lenders added an additional covenant at that time, namely the Minimum Liquidity covenant. Moreover, based on current projections, management believes it is probable that the Company will not comply with the Minimum Liquidity covenant and the Maximum First Lien Leverage covenant in the 2017 Credit Agreement during the remainder of the fiscal year. Due to these factors and the cross-default provisions contained in our other debt, which would be triggered upon acceleration of debt under the 2017 Credit Agreement, effective as of the March 31, 2020 balance sheet, the Company classified all applicable long-term debt as current.

Additionally, the Company’s projected failure to comply with certain covenants in the 2017 Credit Agreement and the Securities Purchase Agreement governing our Second Lien Notes, which include covenants in the 2017 Credit Agreement requiring us to (i) satisfy the Maximum First Lien Leverage ratio, which ratio was waived for the fiscal quarter ended March 31, 2020 and (ii) maintain Minimum Liquidity, could result in an event of default on our debt. The Securities Purchase Agreement and the terms of the Company’s 2.75% Convertible Notes due 2035 (the “Convertible Notes”) do not include covenants related to maintenance of Maximum First Lien Leverage or Minimum Liquidity; however, both the Securities Purchase Agreement and terms of the Convertible Notes contain cross-default provisions based on an acceleration of material indebtedness (including indebtedness under the 2017 Credit Agreement) and certain payment defaults under material indebtedness. On April 15, 2020, the Company entered into the Tenth Amendment to the 2017 Credit Agreement and obtained, among other amendments and waivers, a waiver to our Maximum First Lien Leverage covenant for the quarter ended March 31, 2020 and the addition of a Minimum Liquidity covenant. This Minimum Liquidity covenant imposes substantial limits on our ability to make investments in our business. In addition, we may be limited in our ability to pay all of our required debt and interest payments on our indebtedness and our other operating expenses while remaining in compliance with this Minimum Liquidity covenant.

If the Company is unable to comply with the covenants contained in its debt or obtain a waiver or an amendment from its lenders, or take other remedial measures, the Company will be in default under the credit facilities, which would enable lenders thereunder to accelerate the repayment of amounts outstanding and exercise remedies with respect to the collateral. If the Company’s lenders under our credit facilities demand immediate payment, we will not have sufficient cash to repay such indebtedness. In addition, as discussed above, certain payment defaults under our credit facilities or the lenders accelerating their claims thereunder would trigger cross-default provisions in our other indebtedness and certain other operating agreements. Furthermore, failure to meet our borrowing conditions under our Revolving Credit Facility could materially and adversely impact our liquidity.

The Company’s management has plans in-place, and is working with outside advisors, to address the substantial doubt about the Company’s ability to continue as a going concern. Mitigating actions implemented in the first quarter include temporary salary reductions for all employees, including executive offices and the Company’s Board of Directors, negotiations with both customers and vendors to revise existing contracts to current activity levels and executing substantial reductions in capital expenditures and overall costs. Mitigating actions that continue to be implemented include:


47



Restructure debt covenants with lenders, including deferral of amortization and interest payments;
Continue reduction of overall workforce to match revenue streams;
Deferral of annual merit increases;
Relocation of worldwide operating facilities to reduce ongoing costs;
Renegotiation of satellite lease terms, bandwidth terminations and payment deferrals;
Negotiation of studio rate reductions and airline relief packages;
Pursue complete restructuring of our capital-and-cost structure;
Accelerate WMS dividend payments; and
Continue to pursue the disposition of the Company’s 49% interest in WMS.

In addition, the Company’s management is pursuing actions to maximize cash available to meet our obligations as they become due in the ordinary course of business, including (i) executing additional substantial reductions in expenses, capital expenditures and overall costs; (ii) applying for all eligible global government and other initiatives available to businesses or employees impacted by the COVID-19 pandemic, primarily through payroll and wage subsidies and deferrals; (iii) submitted applications for U.S. Treasury Loans through the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. There is no assurance that our applications will be approved or that any sources of financings under the CARES Act will be available to us on favorable terms or at all; and (iv) accessing alternative sources of capital, in order to generate additional liquidity. These actions are intended to mitigate those conditions which raise substantial doubt of the Company’s ability to continue as a going concern. While we continue to work toward completing these items and taking other actions to create additional liquidity and comply with the payment and other covenants set forth in its debt agreements, there is no assurance that we will be able to do so. Our ability to meet our obligations as they become due in the ordinary course of business for the next 12 months will depend on our ability to achieve improved results, our ability to generate and conserve cash, our ability to obtain necessary waivers from lenders and other equity stakeholders to achieve sufficient cash interest savings therefrom and our ability to complete other liquidity-generating transactions. Based on the uncertainty of achieving these actions the Company’s management has determined that the substantial doubt about the Company’s ability to continue as a going concern within one year from the issuance date of this Quarterly Report on Form 10-Q has not been alleviated. The unaudited condensed consolidated financial statements do not include any adjustments that may result from the possible inability of the Company to continue as a going concern for at least the next 12 months from the issuance of these financial statements.

We have engaged financial and legal advisors to assist us in, among other things, analyzing various strategic alternatives to address our liquidity and capital structure, including strategic and refinancing alternatives to restructure our indebtedness in private transactions. If the negative impact from COVID-19 continues, if the Company is unable to successfully complete the actions described in the paragraph above or otherwise generate incremental liquidity, or if there is not otherwise a material improvement in our business, results of operations and liquidity, we may be forced to further reduce or delay our business activities and capital expenditures, sell material assets, seek additional capital or be required to file for bankruptcy court protection. Due to our current financial constraints, there is a substantial risk that it may be necessary for us to seek protection under Chapter 11 of the United States Bankruptcy Code. Please refer to Part I, Item 2 (“Management’s Discussion and Analysis of Financial Condition and Results of Operations - Financial Condition, Liquidity and Capital Resources”).

Additionally, the covenants in our 2017 Credit Agreement include a requirement that we receive an opinion from our auditors in connection with our year-end audit that is not subject to a “going concern” or like qualification or exception. In addition to the waiver discussed above, the Tenth Amendment to the 2017 Credit Agreement also provided a waiver related to obtaining a “going concern” or like qualification or exception in the report of the Company’s independent registered public accounting firm for the Company’s year-end December 31, 2019 financial statements. We cannot be assured that we will be able to obtain additional covenant waivers or amendments in the future which may have a material adverse effect on the Company’s results of operations or liquidity. Please refer to Note 2. Summary of Significant Accounting Policies and Note 10. Financing Arrangements for additional details.

Significant Transactions and Developments

Goodwill Impairment
For the quarter ended March 31, 2020, the Company identified a triggering event due to a significant decline in the market capitalization of the Company and results of operations as result of the uncertainty related to the COVID-19 pandemic. Accordingly, the Company assessed the fair value of its three reporting units as of March 31, 2020 and recorded a goodwill impairment charge


48


of $22.1 million related to its Maritime & Land Connectivity reporting unit. This impairment was primarily due to lower than expected financial results of the reporting unit during the three months ended March 31, 2020 due primarily to impacts of COVID-19 outbreak on our cruise and yacht channels, coupled with the loss of a Brazilian government customer and  continuation of exiting the mobile network operation channel. Given these indicators, the Company then determined that there was a higher degree of uncertainty in achieving its financial projections for this unit and as such, increased its discount rate, which reduced the fair value of the unit. As of March 31, 2020, there is no remaining goodwill allocated to this reporting unit.

Impairment of Equity Method Investments
During the first quarter of 2020, in accordance with ASC 323, Investments-Equity Method and Joint Ventures, the Company’s management completed an assessment of the recoverability of the equity method investments. They determined the carrying value of the interests in the WMS and Santander Teleport S.L. (“Santander”) joint ventures exceeded their estimated fair value of the Company’s interests, which management concluded was other than temporary. The Company recorded an impairment charge of $10.1 million and $3.0 million relating to its WMS and Santander equity investments, respectively, This WMS impairment was primarily the result of lower than expected financial results for the quarter ended March 31, 2020 due to the uncertainty related to the impacts of the COVID-19 pandemic on the cruise industry. This resulted in a decline in operating performance which is not expected to be recovered in the foreseeable future, causing Company’s management to reduce the financial projections for the WMS business for the remainder of 2020 and beyond. The Santander impairment was primarily the result of lower than expected forecasted financial results for the quarter ended March 31, 2020 due to management’s review of reducing ongoing costs to service customers through this joint venture. This resulted in a reduction in the financial projections for the remainder of 2020 and beyond. The other than temporary impairments recognized are in addition to the MEG Connectivity reporting unit goodwill impairment recognized for the quarter ended March 31, 2020.

Opportunities, Challenges and Risks

COVID-19
The length of COVID-19 outbreak and its impact on global travel and the broader travel industry is unknown and impossible to predict with certainty at this time. As a result, the full extent to which COVID-19 will impact our business and results of operations is unknown.

Overview
We believe our operating results and performance are driven by various factors that affect the commercial travel industry and the mobility markets serving hard-to-reach places on land, sea and in the air. These include general macroeconomic trends affecting the mobility markets, such as travel and maritime trends affecting our target user base, regulatory changes, competition and the rate of customer adoption of our services as well as factors that affect mobility Internet service providers in general. Growth in our overall business is principally dependent upon the number of customers that purchase our services, our ability to negotiate favorable economic terms with our customers and partners and the number of travelers who use our services. Growth in our margins is dependent on our ability to manage the costs associated with implementing and operating our services, including the costs of licensing, procuring and distributing content, equipment and satellite bandwidth service. Our ability to attract and retain customers is highly dependent on our ability to timely implement our services and continually improve our network and operations as technology changes and we experience increased network capacity constraints.

Media & Content Segment
During the first quarter of 2020, Media & Content revenue was down 15% over the prior-year quarter primarily due to the early impact of COVID-19 and a decline in content distribution. Our Media & Content segment is dependent upon a number of factors, including the growth of IFE systems (including both seatback installed and Wi-Fi IFE systems), our customers’ demand for content and games across global mobility markets, the general availability of content to license from our studio partners, pricing from our competitors and our ability to manage the underlying economics of content licensing by studio. Current demand for these content and games across global mobility markets is low and experienced a significant decrease during the first quarter of 2020, primarily due to COVID-19, and our ability to get back to pre-COVID-19 volume levels will depend on the recovery of the airline industry and return of passenger demand and bookings.

Connectivity Segment
For the first quarter of 2020, connectivity segment revenue was down 13% year-over-year driven primarily by lower equipment revenue due to few aircraft installations and the intentional declines in the land connectivity revenue as the Company exits activities with unfavorable cash flow profiles. In our Connectivity segment, the use of our connectivity equipment on our customers’ aircraft


49


is subject to regulatory approvals, such as a Supplemental Type Certificate, or “STC,” that are imposed by agencies such as the Federal Aviation Administration (“FAA”), the European Aviation Safety Agency (“EASA”) and the Civil Aviation Administration of China (“CAAC”). The costs to obtain and/or validate an STC can be significant and vary by plane type and customer location. We have STCs to operate our equipment on several plane types, including The Boeing Company’s (“Boeing”) 737, 757, 767 and 777 aircraft families, and for the Airbus SE (“Airbus”) A320 aircraft family. While we believe we will be successful in obtaining STC approvals in the future as needed, there is a risk that the applicable regulatory agencies do not approve or validate an STC on a timely basis, if at all, which could negatively impact our growth, relationships and ability to sell our connectivity services. To partially address the risk and costs of obtaining STCs in the future, we signed an agreement with Boeing to offer our connectivity equipment on a “line-fit basis” for Boeing’s 737 and 787 models, and our connectivity equipment as an option on Boeing 737 airplanes.

Our Connectivity segment is dependent on satellite-capacity providers for satellite bandwidth and certain equipment and servers required to deliver the satellite data stream, rack space at the suppliers’ data centers to house the equipment and servers, and network operations service support. Through our acquisition of Emerging Markets Communications (“EMC”) on July 27, 2016 (the “EMC Acquisition”), we expanded the number of our major suppliers of satellite capacity and became a party to an agreement with Intelsat S.A. We also purchase radomes, satellite antenna systems and rings from key suppliers. Any interruption in supply from these important vendors (including manufacturing or global logistics disruption caused by contagious illness such as COVID-19) could have a material impact on our ability to sell equipment and/or provide connectivity services to our customers. In addition, some of our satellite-capacity providers (many of whom are well capitalized) have entered our markets and have begun competing with our service offerings, which has challenged our business relationships with them and created additional competition in our industry.

The growth of our Connectivity segment is dependent upon a number of factors, including the rates at which we increase the number of installed connectivity systems for new and existing customers, customer demand for connectivity services and the prices at (and pricing models under) which we can offer them, government regulations and approvals, customer adoption, take rates (or overall usage of our connectivity services by end-users), the general availability and pricing of satellite bandwidth globally, pricing pressures from our competitors, general travel industry trends, new and competing connectivity technologies, our ability to manage the underlying economics of connectivity services on a global basis and the security of those systems. The regulatory grounding of Boeing’s 737 MAX aircraft type (“MAX aircraft”) during 2019 and 2020, which was necessitated by flight incidents beyond our control and unrelated to passenger connectivity systems, imposes certain risks for us. Prior to the grounding, MAX aircraft represented approximately 1% of our total Connectivity service revenue.

The success of our business depends, in part, on the secure and uninterrupted performance of our information technology systems.  An increasing number of companies have disclosed cybersecurity breaches, some of which have involved sophisticated and highly targeted attacks on their computer networks. Despite our efforts to prevent, detect and mitigate these threats, including continuously working to install new, and upgrade our existing, information technology systems and increasing employee awareness around phishing, spoofing, malware, and other cyber risks, there is no guarantee that such measures will be successful in protecting us from a cyber issue. We will respond to any reported cybersecurity threats as they are identified to us and work with our suppliers, customers and experts to quickly mitigate any threats, but we believe that cybersecurity risks are inherent in our industries and sectors and will continue to represent a significant reputational and business risk to our Connectivity segment’s growth and prospects, and those of our overall industries and sectors.

Our cost of sales, the largest component of our operating expenses, varies from period to period, particularly as a percentage of revenue, based upon the mix of the underlying equipment and service revenue that we generate. Cost of sales also varies period-to-period as we acquire new customers to grow our Connectivity segment. We have increased our investment in satellite capacity over North America and the Middle East to facilitate the growth of our existing and new connectivity customer base, which has included purchases of satellite transponders. Depending on the timing of our satellite expenditures, our cost of sales as a percentage of our revenue may fluctuate from period to period.

A substantial amount of our Connectivity segment’s revenue is derived from Southwest Airlines, a U.S. based airline. Our contract with Southwest Airlines provides for a term of services through 2025, and includes a commitment from Southwest for live television services. We have continued to install our connectivity systems on additional Southwest Airlines aircraft. Under the contract, we committed to deploy increased service capacity (and our patented technology) to deliver a significantly enhanced passenger experience. We utilize a “monthly recurring charge” revenue model with Southwest Airlines that provides us with long-term


50


revenue visibility. The contract also provides for additional rate cards for ancillary services and the adoption of a fleet management plan.

Although current activities have been delayed due to COVID-19, we plan to further expand our connectivity operations internationally to address opportunities in non-U.S. markets. As we expand our business further internationally in places such as the Middle East, Europe, Asia Pacific and Latin America, we will continue to incur significant incremental upfront expenses associated with these growth opportunities.

Adoption of Shareholder Rights Plan
On March 19, 2020, our Board adopted a stockholder rights plan, as set forth in a Rights Plan between the Company and American Stock Transfer and Trust Company, LLC (the “Rights Plan”), and issued the rights contemplated thereby (the “Rights”) on March 30, 2020. The Rights Plan is intended to promote the fair and equal treatment of all of our stockholders and ensure that no person or group can gain control of us through open market accumulation or other tactics without paying a control premium and potentially disadvantaging the interest of all stockholders. The Rights Plan ensures that our Board has sufficient time to exercise its fiduciary duties to make informed judgments about the actions of third parties that may not be in the best interests of us and our stockholders.

In general terms, the Rights will become exercisable if a person or group becomes the beneficial owner of 20% or more of the Company’s outstanding Common Stock. Stockholders who beneficially owned 20% or more of Global Eagle’s outstanding common stock prior to the issuance of the December 31, 2019 earnings release will not trigger the exercisability of the Rights so long as they do not acquire beneficial ownership of any additional shares of common stock at a time when they still beneficially own 20% or more of such common stock, subject to certain exceptions as described in the Rights Plan. In the event that the Rights become exercisable due to the triggering ownership threshold being crossed, each Right will entitle its holder to purchase a number of shares of Common Stock or equivalent securities having a market value at that time of twice the Right’s purchase. The Rights Plan is attached to the 2019 Annual Report on Form 10-K as Exhibit 4.14.

Reverse Stock Split
On November 6, 2019, we received a letter from the Listing Qualifications staff (the “Staff”) of Nasdaq that, based upon our non-compliance with the minimum $1.00 bid price requirement for continued listing on The Nasdaq Capital Market required to maintain continued listing under the Nasdaq listing rules (the “Bid Price Rule”), our common stock would be subject to delisting from Nasdaq unless we timely requested a hearing before the Nasdaq Hearings Panel (the “Panel”). In accordance with Nasdaq’s procedures, we timely appealed Nasdaq’s determination by requesting a hearing before the Panel to seek continued listing of our common stock. The hearing was held on December 5, 2019.

On December 16, 2019, the Panel granted the Company’s request for continued listing of the Company’s common stock on The Nasdaq Capital Market pursuant to an initial extension through April 15, 2020 or, in certain circumstances, through May 4, 2020. On March 17, 2020, we received notification that the Panel granted a further extension through May 4, 2020 in which to regain compliance with the Bid Price Rule in light of the extreme volatility in financial markets resulting from COVID-19.

On April 13, 2020, we received another letter from the Staff notifying us that we were not in compliance with Nasdaq Listing Rule 5550(b)(2) (the “MVLS Rule”) for continued listing on The Nasdaq Capital Market, because the market value of our listed securities was less than $35 million for the previous 30 consecutive business days.

On April 15, 2020, the Board of Directors approved a reverse stock split of the Company’s outstanding and authorized shares of common stock at a ratio of 1-for-25 (the “Reverse Stock Split”). As a result of the Reverse Stock Split, the number of the Company’s issued and outstanding shares of common stock was decreased from 92,944,935 to 3,717,797, all with a par value of $0.0001. The effective date of the Reverse Stock Split was April 16, 2020. The Reverse Stock Split affects all stockholders uniformly and will not alter any stockholder’s percentage interest in the Company’s common stock, except for adjustments that may result from the treatment of fractional shares as follows: (i) no fractional shares will be issued as a result of the Reverse Stock Split; and (ii) stockholders who would have been entitled to a fractional share as a result of the Reverse Stock Split will instead receive a cash payment from the transfer agent in an amount equal to the fractional share multiplied by the closing price of our common stock the day before the Reverse Stock Split became effective. All share and per share amounts presented in these financial statements, have been adjusted for this Reverse Stock Split.



51


On April 30, 2020, we were notified that we had regained compliance with the Bid Price Rule; however, we remain non-compliant with the MVLS Rule. Under the Nasdaq listing rules, we have until October 12, 2020 to regain compliance with the MVLS Rule by demonstrating that the market value of our listed securities is $35 million or more for a minimum of 10 consecutive business days. If we do not regain compliance with the MVLS Rule by the required date, we may appeal for an extension to regain compliance with no assurance that we will be successful in obtaining the extension. If we do not regain compliance by October 12, 2020 or by the extended compliance date, if applicable, Nasdaq would delist our common stock from The Nasdaq Capital Market.

Material Weaknesses
Our Annual Report disclosed numerous material weaknesses in our internal controls as a result of our failure to have an effective system of operations, including a robust ERP system. See Item 9A. Controls and Procedures of our Annual Report. We expect to continue to expend significant time and resources remediating material weaknesses in our internal control over financial reporting. These weaknesses relate our entity level control environment, financial statement close and reporting process, intercompany process, business combination, inventory, internally developed software, long lived assets, goodwill impairment, accounts payable and accrued liabilities, revenue processes, license fee accruals, income taxes, payroll and information technology processes.

We are strongly committed to addressing these material weaknesses, which we believe will strengthen our business and continue to work on and enhance our remediation plan. However, we are uncertain as to our timing to complete the remediation, the extent to which such efforts will deplete our cash reserves and our ability to succeed in the remediation. If we are unable to establish and maintain effective internal control over financial reporting, we may not be able to detect and prevent a material misstatement in our financial statements, and we may be unable to timely file our periodic SEC reports or identify and forecast certain business trends and certain aspects of our financial performance, which could negatively impact our ability to focus on and achieve our business objectives. In the event we are unable to timely file our periodic SEC reports, as applicable, such failure may cause an event of default under our debt facilities. See Item 9A: Controls and Procedures of our 2019 Form 10-K for a discussion of our material weaknesses and remediation efforts.

Key Components of Condensed Consolidated Statements of Operations
There have been no material changes to the key components of our condensed consolidated statements of operations as described in “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our 2019 Form 10-K.

Critical Accounting Estimates

The preparation of our condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the notes to the financial statements. Some of those judgments can be subjective and complex, and therefore, actual results could differ materially from those estimates under different assumptions or conditions. A summary of our critical accounting policies is presented in Part II, Item 7, of our 2019 Form 10-K. There were no other material changes to our critical accounting policies during the three months ended March 31, 2020.

Recent Accounting Pronouncements

See Note 2. Basis of Presentation and Summary of Significant Accounting Policies to our unaudited condensed consolidated financial statements (Part I, Item 1 of this Form 10-Q) for a discussion on recent accounting pronouncements.



52


RESULTS OF OPERATIONS

The following tables set forth our results of operations for the periods presented. The information in the tables below should be read in conjunction with our unaudited condensed consolidated financial statements and related notes included in Part I, Item 1 of this Form 10-Q. The period-to-period comparisons of financial results in the tables below are not necessarily indicative of future results.
 
Unaudited Condensed Consolidated Statement of Operations Data (in thousands)
 
Three Months Ended March 31,
 
2020
 
2019
Revenue
$
144,165

 
$
166,619

Operating expenses:
 
 
 
Cost of sales
120,807

 
134,194

Sales and marketing
5,340

 
8,249

Product development
5,963

 
6,979

General and administrative
30,576

 
27,980

Provision for legal settlements

 
508

Amortization of intangible assets
6,142

 
7,799

Goodwill impairment
22,130

 

Total operating expenses (including cost of sales)
190,958

 
185,709

Loss from operations
(46,793
)
 
(19,090
)
Other expense, net
(33,006
)
 
(18,389
)
Loss before income taxes
(79,799
)
 
(37,479
)
Income tax expense
1,126

 
130

Net loss
$
(80,925
)
 
$
(37,609
)

The following table provides, for the periods presented, the depreciation expense included in the above line items (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Cost of sales
$
9,628

 
$
8,934

Sales and marketing
522

 
1,002

Product development
571

 
835

General and administrative
2,784

 
3,382

Total
$
13,505

 
$
14,153


The following table provides, for the periods presented, the stock-based compensation expense included in the above line items (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Cost of sales
$
66

 
$
27

Sales and marketing
57

 
53

Product development
77

 
68

General and administrative
928

 
1,141

Total
$
1,128

 
$
1,289




53


The following table provides, for the periods presented, our results of operations, as a percentage of revenue, for the periods presented:
 
Three Months Ended March 31,
 
2020
 
2019
Revenue
100
 %
 
100
 %
Operating expenses:
 
 
 
Cost of sales
84
 %
 
81
 %
Sales and marketing
4
 %
 
5
 %
Product development
4
 %
 
4
 %
General and administrative
21
 %
 
17
 %
Amortization of intangible assets
4
 %
 
5
 %
Goodwill impairment
15
 %
 
 %
Total operating expenses
132
 %
 
111
 %
Loss from operations
(32
)%
 
(11
)%
Other expense, net
(23
)%
 
(11
)%
Loss before income taxes
(55
)%
 
(22
)%
Income tax expense
1
 %
 
 %
Net loss
(56
)%
 
(23
)%



54


Three Months Ended March 31, 2020 and 2019

Operating Segments

Segment revenue, expenses and gross margin for the three months ended March 31, 2020 and 2019 derived from our Media & Content and Connectivity operating segments were as follows (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Revenue:
 
 
 
Media & Content
 
 
 
Licensing and services
$
68,385

 
$
80,010

Connectivity
 
 
 
Services
67,260

 
70,468

Equipment
8,520

 
16,141

Total
75,780

 
86,609

Total revenue
$
144,165

 
$
166,619

Cost of Sales:
 
 
 
Media & Content
 
 
 
Licensing and services
$
55,556

 
$
57,669

Connectivity
 
 
 
Services
57,728

 
65,600

Equipment
7,523

 
10,925

Total
65,251

 
76,525

Total cost of sales
$
120,807

 
$
134,194

Gross margin:
 
 
 
Media & Content
$
12,829

 
$
22,341

Connectivity
10,529

 
10,084

Total gross margin
23,358

 
32,425

Other operating expenses
70,151

 
51,515

Loss from operations
$
(46,793
)
 
$
(19,090
)

Revenue

Media & Content
Media & Content operating segment revenue for the three months ended March 31, 2020 and 2019 was as follows (in thousands, except for percentages):
 
Three Months Ended March 31,
 
 
 
2020
 
2019
 
Change
Licensing and Services
$
68,385

 
$
80,010

 
(15
)%

Media & Content Licensing and Services Revenue
Media & Content licensing and services revenue decreased by $11.6 million, or 15%, to $68.4 million for the three months ended March 31, 2020, compared to $80.0 million for the three months ended March 31, 2019. The decrease was driven by the early onset of the COVID-19 pandemic on the majority of our customers, in addition to declines in our third-party distribution services and digital media services, including games and applications (“Apps”).



55


Specifically, our media & content results were impacted by the following:

Repricing and volume changes: Revenues decreased by $6.7 million due to: (i) the early impact of the COVID-19 pandemic on our Asian Pacific and Middle Eastern customer base of approximately $4.4 million, offset by a $0.9 million volume increase at a leading global airline; (ii) games and apps revenues decrease of $2.1 million due to lower volume across multiple customers; and (iii) updated contract terms that decreased revenue by $1.1 million.

Aviation client wins and losses: Revenues decreased by $4.9 million primarily due to (i) $1.5 million lower advertising sales, (ii) a $3.4 million decrease in third-party distribution services to non-Global Eagle customers reflecting our ongoing reduction of third-party distribution revenue.

Connectivity
Connectivity operating segment revenue for the three months ended March 31, 2020 and 2019 was as follows (in thousands, except for percentages):
 
Three Months Ended March 31,
 
 
 
2020
 
2019
 
Change
Services
$
67,260

 
$
70,468

 
(5
)%
Equipment
8,520

 
16,141

 
(47
)%
Total
$
75,780

 
$
86,609

 
(13
)%

For purposes of our discussions within this MD&A section, we use the Maritime, Enterprise and Government (“MEG”) grouping name, which is a broader business unit encompassing the same entities rolling into the Maritime & Land reporting unit as discussed in Note 6. Goodwill.

Connectivity Services Revenue
Services revenue from our Connectivity operating segment decreased by $3.2 million, or 5%, to $67.3 million for the three months ended March 31, 2020, compared to $70.5 million for the three months ended March 31, 2019, primarily due to the following:

MEG contract repricing and volume declines: $2.6 million due to volume declines for certain MEG mobile network operator enterprise customers related to our strategic exit from that business line, and the loss of a government land customer in South America.

Connectivity Equipment Revenue

Aviation customer volume: Equipment revenue from our Connectivity operating segment decreased by $7.6 million, or 47%, to $8.5 million for the three months ended March 31, 2020, compared to $16.1 million for the three months ended March 31, 2019. The decrease was primarily due to a $5.3 million decline in equipment shipments for a major North America customer due to COVID-19 related aircraft production and installation timetables. In addition, the completion of a major retrofit equipment program contributed $2.7 million of the overall decline in 2020.

Cost of Sales

Media & Content
Media & Content operating segment cost of sales for the three months ended March 31, 2020 and 2019 was as follows (in thousands, except for percentages):
 
Three Months Ended March 31,
 
 
 
2020
 
2019
 
Change
Licensing and services
$
55,556

 
$
57,669

 
(4
)%

Media & Content cost of sales decreased by $2.1 million, or 4%, to $55.6 million for the three months ended March 31, 2020, compared to $57.7 million for the three months ended March 31, 2019. Reflecting COVID-19 related impact. Cost of sales as a percentage of Media & Content revenues increased to 81% for the three months ended March 31, 2020, compared to 72% for the three months ended March 31, 2019. Cost of sales was also impacted by a greater percentage of CSP pass-through accounts during the three months ended March 31, 2020 versus the year prior.


56



Connectivity
Cost of sales for our Connectivity operating segment for the three months ended March 31, 2020 and 2019 was as follows (in thousands, except for percentages):
 
Three Months Ended March 31,
 
 
 
2020
 
2019
 
Change
Services
$
57,728

 
$
65,600

 
(12
)%
Equipment
7,523

 
10,925

 
(31
)%
Total
$
65,251

 
$
76,525

 
(15
)%

Connectivity services cost of sales decreased by $7.9 million, or 12%, to $57.7 million for the three months ended March 31, 2020, compared to $65.6 million for the three months ended March 31, 2019, primarily due to the following:

Maritime bandwidth cost decrease: (i) maritime and land satellite capacity savings from contract renegotiations and cancellations for the three months ended March 31, 2019 amounting to $5.3 million; (ii) $1.5 million decrease due to satellite capacity reduction from maritime and land customer losses for the three months ended March 31, 2020; and (iii) $1.3 million labor cost savings.

As a percentage of Connectivity services revenue, Connectivity service cost of sales decreased to 86% during the three months ended March 31, 2020, compared to 93% for the three months ended March 31, 2019. The maritime and land business gross margin improvement was driven by favorable bandwidth contract re-negotiations and cancellations, and realizing savings from labor cost reductions implemented in 2019.

The maritime and land business decrease was driven by bandwidth favorable re-negotiated rates and ongoing direct labor restructuring activities.

Equipment cost decrease: Connectivity equipment cost of sales decreased by $3.4 million, or 31%, to $7.5 million for the three months ended March 31, 2020 compared to $10.9 million for the three months ended March 31, 2019. Connectivity equipment cost of sales increased as a percentage of Connectivity Equipment revenue to 88% during the three months ended March 31, 2020, compared to 68% for the three months ended March 31, 2019. Compared to the equivalent prior year period, this was primarily due to (i) a $3.4 million cost of sales decrease from lower equipment volume, and (ii) the mix of equipment sold.

Other Operating Expenses

Other operating expenses for the three months ended March 31, 2020 and 2019 were as follows (in thousands, except for percentages):
 
Three Months Ended March 31,
 
 
 
2020
 
2019
 
Change
Sales and marketing
$
5,340

 
$
8,249

 
(35
)%
Product development
5,963

 
6,979

 
(15
)%
General and administrative
30,576

 
27,980

 
9
 %
Provision for legal settlements

 
508

 
(100
)%
Amortization of intangible assets
6,142

 
7,799

 
(21
)%
Goodwill impairment
22,130

 

 
100
 %
Total
$
70,151

 
$
51,515

 
36
 %

Sales and Marketing
Sales and marketing expenses decreased by $2.9 million, or 35%, to $5.3 million for the three months ended March 31, 2020, compared to $8.2 million for the three months ended March 31, 2019. The reduction can be attributed to the following: (i) $1.8 million decrease in employee cost due to headcount reductions; (ii) $0.2 million decrease in travel and entertainment expenses; (iii) $0.3 million decrease in professional and contractor services; and (iv) $0.1 million of reduced IT- related costs.



57


Product Development
Product development expenses decreased by $1.0 million, or 15%, to $6.0 million for the three months ended March 31, 2020, compared to $7.0 million for the three months ended March 31, 2019. The reduction can be attributed to the following: (i) $0.4 million decrease in employee cost due to headcount reductions, (ii) $0.2 million decrease in professional and outside services; and (iii) $0.1 million decrease in travel and entertainment expenses.

General and Administrative
General and administrative costs increased by $2.6 million, or 9%, to $30.6 million during the three months ended March 31, 2020, compared to $28.0 million for the three months ended March 31, 2019. The increase can be attributed to the following: (i) $3.0 million for the write-off of bad debts and increase to allowance reserve, reflecting COVID-19 related uncertainty and collection risks; and (ii) $2.4 million increase in professional services; partially offset by (i) $2.6 million decrease in employee cost due to headcount reductions; and (ii) $0.4 million decrease in travel and entertainment costs.

Provision for (Gain from) Legal Settlements
The provision for legal settlements decreased by $0.5 million, compared to the three months ended March 31, 2019 as no settlements occurred during the three months ended March 31,2020. See Note 12. Commitments and Contingencies to our unaudited condensed consolidated financial statements (Part I, Item 1 of this Form 10-Q) for a summary of our ongoing litigation and other legal claims.

Amortization of Intangible Assets
Amortization expense decreased $1.7 million, or 21%, to $6.1 million during the three months ended March 31, 2020, compared to $7.8 million for the three months ended March 31, 2019. The decrease was due to a portion of our acquired intangible assets from prior acquisitions becoming fully amortized during the year.

Goodwill Impairment
For the quarter ended March 31, 2020, the Company identified a triggering event due to a significant decline in the market capitalization of the Company and results of operations as result of the uncertainty related to the COVID-19 pandemic. Accordingly, the Company assessed the fair value of its three reporting units as of March 31, 2020 and recorded a goodwill impairment charge of $22.1 million related to its Maritime & Land Connectivity reporting unit. This impairment was primarily due to lower than expected financial results of the reporting unit during the three months ended March 31, 2020 due primarily to impacts of COVID-19 outbreak on our cruise and yacht channels, coupled with the loss of a Brazilian government customer and  continuation of exiting the mobile network operation channel. Given these indicators, the Company then determined that there was a higher degree of uncertainty in achieving its financial projections for this unit and as such, increased its discount rate, which reduced the fair value of the unit.

Other (Expense) Income, net
Other expense for the three months ended March 31, 2020 and 2019 was as follows (in thousands, except for percentages):
 
Three Months Ended March 31,
 
 
 
2020
 
2019
 
Change
Interest expense, net
$
(22,587
)
 
$
(21,277
)
 
6
 %
Income (loss) from equity method investments including impairment losses
(10,858
)
 
2,129

 
(610
)%
Change in fair value of derivatives
207

 
938

 
(78
)%
Other income (expense), net
232

 
(179
)
 
(230
)%
Total
$
(33,006
)
 
$
(18,389
)
 
79
 %

Other expense, net increased $14.6 million, or 79%, to $33.0 million for the three months ended March 31, 2020, compared to other expense of $18.4 million for the three months ended March 31, 2019. This was driven primarily by an increase in net interest expense of $1.3 million, or 6%, primarily attributable to: (i) Second Lien Notes, including the effect of PIK compounding as additional principal, (ii) Term Loan, for which we obtained additional borrowing capacity in July 2019; (iii) additional borrowings on our Revolving Credit Facility; (iv) Income (loss) from equity method investments including impairment losses decrease of $13.0 million, primarily comprised of $13.1 million impairment loss recorded at March 31, 2020; and (v) $0.6 million decrease in the fair value of derivatives. This was offset by a $0.5 million change in other income (expense), net.

Income Tax Expense
The Company recorded income tax provision of $1.1 million and $0.1 million for the three months ended March 31, 2020 and 2019, respectively. The tax provision for the three months ended March 31, 2020 is primarily attributable to foreign income taxes


58


resulting from our foreign subsidiaries' contribution to pretax income, non-tax deductible goodwill impairment, withholding taxes, changes in valuation allowance, and deferred tax expense on amortization of indefinite-lived intangible assets. The tax provision for the three months ended March 31, 2019 was primarily attributable to the foreign withholding taxes, foreign income taxes resulting from the foreign subsidiaries' contribution to pretax income, basis difference in convertible debt and effects of permanent differences.

NON -GAAP FINANCIAL MEASURES

To supplement our consolidated financial statements, which are prepared and presented in accordance with accounting principles generally accepted in the United States, or GAAP, we present EBITDA, Adjusted EBITDA and free cash flow, which are non-GAAP financial measures, as measures of our performance. The presentations of EBITDA, Adjusted EBITDA and free cash flow are not intended to be considered in isolation from, or as a substitute for, or superior to, net income (loss), cash flows from operations or any other performance measures derived in accordance with GAAP or as an alternative to net cash provided by operating activities or any other measures of our cash flows or liquidity. For a reconciliation of EBITDA, Adjusted EBITDA and free cash flow to its most comparable measure under GAAP, please see the table entitled “Reconciliation of GAAP to Non-GAAP Measure” at the end of this Non-GAAP Financial Measures section. Further, we note that Adjusted EBITDA as presented herein is defined and calculated differently than the “Consolidated EBITDA” definition in our senior secured credit agreement and in our second lien notes, which Consolidated EBITDA definition we use for financial-covenant-compliance purposes and as a measure of our liquidity.

EBITDA, Adjusted EBITDA and free cash flow are three of the primary measures used by our management and Board of Directors to understand and evaluate our financial performance and operating trends, including period to period comparisons, to prepare and approve our annual budget and to develop short- and long-term operational plans. Additionally, Adjusted EBITDA is one of the primary measures used by the Compensation Committee of our Board of Directors to establish the funding targets for (and if applicable subsequent funding of) our Annual Incentive Plan bonuses for our employees. We believe our presentation of EBITDA, Adjusted EBITDA and free cash flow is useful to investors both because it allows for greater transparency with respect to key metrics used by our management in their financial and operational decision-making and because our management frequently uses it in discussions with investors, commercial bankers, securities analysts and other users of our financial statements.

We define Adjusted EBITDA as EBITDA (net income (loss) before (a) interest expense (income), (b) income tax expense (benefit) and (c) depreciation and amortization), as further adjusted to exclude (when applicable in the period) (1) change in fair value of financial instruments, (2) other (income) expense, including (gains) losses from foreign-currency-transaction (gains) and from other investments, which include impairment charges relating to our joint ventures, (3) goodwill impairment expense, (4) stock-based compensation expense, (5) strategic-transaction, integration and realignment expenses (as described below), (6) auditor and third-party professional fees and expenses related to our internal-control deficiencies (and the remediation thereof) and complications in our audit process relating to our control environment, (7) (gain) loss on disposal and impairment of fixed assets, (8) non-ordinary-course legal expenses (as described below), (9) losses related to significant customer bankruptcies or financial distress (as described below) and (10) expenses incurred in connection with grounded aircraft resulting from orders, airworthiness directives and other regulations issued by U.S. and foreign civil aviation authorities. Management does not consider these items to be indicative of our core operating results.

“Losses related to significant customer bankruptcies or financial distress” includes (1) our provision for bad debt associated with significant bankruptcies or financial distress of our customers, (2) the costs (e.g., content acquisition fees) that we incurred to maintain service to those customers during their bankruptcy proceedings in order to preserve the customer relationship and (3) costs relating to providing services to customers for whom we recognize revenue on a cash basis due to their financial distress.
“Non-ordinary-course legal expenses” includes third-party professional fees and expenses and estimated loss contingencies, provisions for legal settlements and other expenses associated with non-ordinary-course employment, corporate and intellectual-property-infringement disputes.

“Strategic-transaction, integration and realignment expenses” includes (1) transaction and procurement-related expenses and costs (including third-party professional fees) attributable to acquisition, financing, investment and other strategic-transaction activities (including for new product and proof-of-concept testing), (2) integration and realignment expenses and allowances, (3) employee-severance, -retention and -relocation expenses, (4) purchase-accounting adjustments for deferred revenue, costs and credits associated with companies and businesses that we have acquired through our M&A activities and (5) estimated loss contingencies, provisions for legal settlements and other expenses related to claims at companies or businesses that we acquired through our M&A activities for underlying liabilities that pre-dated our acquisition of those companies or businesses.



59


We define free cash flow as cash flows from operating activities less capital expenditures. Free cash flow does not represent our residual cash flow available for discretionary expenditures, since we have mandatory debt service requirements and other non-discretionary expenditures that are not deducted from the measure.

The following table presents a reconciliation of Adjusted EBITDA for each of the periods presented (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
 Net loss
$
(80,925
)
 
$
(37,609
)
 Interest expense, net
22,587

 
21,277

 Income tax expense
1,126

 
130

 Depreciation and amortization
19,712

 
21,952

 EBITDA
(37,500
)
 
5,750

 Depreciation and amortization from equity method investments
2,140

 
2,133

 Change in fair value of financial instruments
(207
)
 
(938
)
 Other expense, net
647

 
178

 Stock-based compensation expense
1,128

 
1,289

 Goodwill impairment
22,130

 

 Equity method investment impairments
13,131

 

 Strategic-transaction, integration and realignment expenses
4,964

 
4,700

 Internal-control and delayed audit expenses
3,324

 
3,453

 Loss on disposal of fixed assets
453

 
164

 Non-ordinary-course legal expenses
306

 
596

 Losses on significant customer bankruptcies
2,620

 
1,164

 Expenses incurred in connection with grounded aircraft
931

 

 Adjusted EBITDA
$
14,067

 
$
18,489


The following table presents a reconciliation of Cash Flow from Operations to Free Cash Flow for each of the periods presented (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
 Cash used in operations
$
(3,690
)
 
$
(10,231
)
 Purchases of property and equipment
(1,477
)
 
(9,083
)
 Free Cash Flow
$
(5,167
)
 
$
(19,314
)



60


FINANCIAL CONDITION, LIQUIDITY AND CAPITAL RESOURCES

Selected financial data for the periods presented below were as follows (in thousands):
 
March 31, 2020
 
December 31, 2019
Cash and cash equivalents
$
54,193

 
$
23,964

Total assets
630,476

 
668,580

Current portion of long-term debt
804,575

 
22,673

Long-term debt
16,805

 
773,062

Total stockholders’ deficit
$
(455,851
)
 
$
(375,154
)

The following reflects the financial condition of our business and operations as of March 31, 2020 as well as material developments relating thereto through the date of filing of this Form 10-Q.

As of March 31, 2020, we had $504.7 million aggregate principal amount in senior secured term loans (the “Term Loans”) outstanding under our Senior Secured Credit Agreement (the “2017 Credit Agreement”); $80.6 million drawn under the 2017 Revolving Loans (excluding approximately $4.4 million in letters of credit outstanding thereunder); $188.7 million aggregate principal amount of outstanding Second Lien Notes, which amount includes $38.7 million of payment-in-kind (“PIK”) interest converted to principal since issuance; $82.5 million aggregate principal amount of 2.75% convertible senior notes due 2035; and other debt outstanding of $22.9 million. Please see Note 10. Financing Arrangements to our unaudited condensed consolidated financial statements (Part I, Item 1 of this Form 10-Q) for a tabular presentation of our indebtedness.

Anticipated Cash Requirements

Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 205-40, Presentation of Financial Statements - Going Concern, requires that an entity’s management evaluate whether there are relevant events and conditions that in aggregate initially indicate that it will not be able to meet its obligations as they become due within one year after the date that the financial statements are issued, and therefore raise substantial doubt about the entity’s ability to continue as a going concern. The Company has evaluated events and conditions as further described below, including historical losses and negative cash flows from operations, government and industry-imposed travel restrictions in the aviation and maritime industries that the Company services, and the Company’s projected future violations with the covenants contained in its existing indebtedness, including the maximum consolidated first lien net leverage ratio (“Maximum First Lien Leverage”) and a covenant requiring it to maintain minimum levels of undrawn revolving commitments plus cash and cash equivalents (“Minimum Liquidity”) contained in its Senior Secured Credit Agreement entered into on January 6, 2017 (as amended, the “2017 Credit Agreement”), in future periods. These events and conditions have raised substantial doubt of the Company’s ability to satisfy existing debt obligations and paydown past due accounts payables and other obligations as they become due in the next 12 months.

Our customers in the airline, cruise ship and other maritime industries, have been heavily impacted by the COVID-19 pandemic, through travel restrictions, government and business-imposed shutdowns or other operating issues resulting from the pandemic. We continue to analyze the potential impacts of the conditions and events arising from the ongoing COVID-19 pandemic. However, at this time, it is not possible to fully determine the magnitude of the overall impact of the COVID-19 pandemic on our business. As such, the impact could have a material adverse effect on our overall business, financial condition, liquidity, results of operations, and cash flows.

Our principal sources of liquidity have historically been our debt and equity issuances, and our cash and cash equivalents. Our long-term ability to continue as a going concern is dependent on our ability to comply with the covenants in our indebtedness, increase revenue, reduce costs and deliver satisfactory levels of profitable operations. A substantial amount of our cash requirements are for debt service obligations. The Company has generated substantial historic operating losses. The Company has incurred net losses and had negative cash flows from operations for the first quarter ended March 31, 2020 primarily as a result of the negative operating impact of COVID-19, managing working capital and cash interest and principal payments arising from the Company's substantial debt balance. Net cash used in operations was $3.7 million for the three months ended March 31, 2020 which included cash paid for interest of $14.6 million. Working capital deficiency increased by $776.7 million, to $840.0 million as of March 31, 2020, primarily due to the classification of all applicable long term debt as current at March 31, 2020.


61



The Company's current forecast indicates it will continue to incur net losses and generate negative cash flows from operating activities as a result of the Company's indebtedness and significant related interest expense and uncertainty related to the impact of COVID-19 on the results of operations. The Company was in compliance with all lender covenants for the period ended March 31, 2020. However, in anticipation of failing the Maximum First Lien Leverage covenant, the Company sought and was granted a waiver over such covenant on April 15, 2020 in connection with the Tenth Amendment to the 2017 Credit Agreement (the “Tenth Amendment to 2017 Credit Agreement”), while the lenders added an additional covenant at that time, namely the Minimum Liquidity covenant. Moreover, based on current projections, management believes it is probable that the Company will not comply with the Minimum Liquidity covenant and the Maximum First Lien Leverage covenant in the 2017 Credit Agreement during the remainder of the fiscal year. Due to these factors and the cross-default provisions contained in our other debt, which would be triggered upon acceleration of debt under the 2017 Credit Agreement, effective as of the March 31, 2020 balance sheet, the Company classified all applicable long-term debt as current.

Additionally, the Company’s projected failure to comply with certain covenants in the 2017 Credit Agreement and the Securities Purchase Agreement governing our Second Lien Notes, which include covenants in the 2017 Credit Agreement requiring us to (i) satisfy the Maximum First Lien Leverage ratio, which ratio was waived for the fiscal quarter ended March 31, 2020 and (ii) maintain Minimum Liquidity, could result in an event of default on our debt. The Securities Purchase Agreement and the terms of the Company’s 2.75% Convertible Notes due 2035 (the “Convertible Notes”) do not include covenants related to maintenance of Maximum First Lien Leverage or Minimum Liquidity; however, both the Securities Purchase Agreement and terms of the Convertible Notes contain cross-default provisions based on an acceleration of material indebtedness (including indebtedness under the 2017 Credit Agreement) and certain payment defaults under material indebtedness. As discussed above, on April 15, 2020, the Company entered into the Tenth Amendment to the 2017 Credit Agreement and obtained, among other amendments and waivers, a waiver to our Maximum First Lien Leverage covenant for the quarter ended March 31, 2020 and the addition of a Minimum Liquidity covenant. This Minimum Liquidity covenant imposes substantial limits on our ability to make investments in our business. In addition, we may be limited in our ability to pay all of our required debt and interest payments on our indebtedness and our other operating expenses while remaining in compliance with this Minimum Liquidity covenant.

If the Company is unable to comply with the covenants contained in its debt agreements or obtain a waiver or an amendment from the lenders, or take other remedial measures, the Company will be in default under the credit facilities, which would enable lenders thereunder to accelerate the repayment of amounts outstanding and exercise remedies with respect to the collateral. If the Company’s lenders under our credit facilities demand immediate payment, we will not have sufficient cash to repay such indebtedness. In addition, as discussed above, certain payment defaults under our credit facilities or the lenders accelerating their claims thereunder would trigger cross-default provisions in our other indebtedness and certain other operating agreements.  Furthermore, failure to meet our borrowing conditions under our Revolving Credit Facility could materially and adversely impact our liquidity.

The Company’s management has plans in-place, and is working with outside advisors, to address the substantial doubt about the Company’s ability to continue as a going concern. Mitigating actions implemented in the first quarter include temporary salary reductions for all employees, including executive offices and the Company’s Board of Directors, negotiations with both customers and vendors to revise existing contracts to current activity levels and executing substantial reductions in capital expenditures and overall costs. Mitigating actions that continue to be implemented include:

Restructure debt covenants with lenders, including deferral of amortization and interest payments;
Continue reduction of overall workforce to match revenue streams;
Deferral of annual merit increases;
Relocation of worldwide operating facilities to reduce ongoing costs;
Renegotiation of satellite lease terms, bandwidth terminations and payment deferrals;
Negotiation of studio rate reductions and airline relief packages;
Pursue complete restructuring of our capital-and-cost structure;
Accelerate WMS dividend payments; and
Continue to pursue the disposition of the Company’s 49% interest in WMS.

In addition, the Company’s management is pursuing actions to maximize cash available to meet our obligations as they become due in the ordinary course of business, including (i) executing additional substantial reductions in expenses, capital expenditures and overall costs; (ii) applying for all eligible global government and other initiatives available to businesses or employees impacted by the COVID-19 pandemic, primarily through payroll and wage subsidies and deferrals; (iii) submitting applications for U.S.


62


Treasury Loans through the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. There is no assurance that our applications will be approved or that any sources of financings under the CARES Act will be available to us on favorable terms or at all; and (iv) accessing alternative sources of capital, in order to generate additional liquidity. These actions are intended to mitigate those conditions which raise substantial doubt of the Company’s ability to continue as a going concern. While we continue to work toward completing these items and taking other actions to create additional liquidity and comply with the payment and other covenants set forth in its debt agreements, there is no assurance that we will be able to do so. Our ability to meet our obligations as they become due in the ordinary course of business for the next 12 months will depend on our ability to achieve improved results, our ability to generate and conserve cash, our ability to obtain necessary waivers from lenders and other equity stakeholders to achieve sufficient cash interest savings therefrom and our ability to complete other liquidity-generating transactions. Based on the uncertainty of achieving these actions the Company’s management has determined that the substantial doubt about the Company’s ability to continue as a going concern within one year from the issuance date of this Quarterly Report on Form 10-Q has not been alleviated. The unaudited condensed consolidated financial statements do not include any adjustments that may result from the possible inability of the Company to continue as a going concern for at least the next 12 months from the issuance of these financial statements.

Additionally, the 2017 Credit Agreement includes a requirement that we receive an opinion from our auditors in connection with our year-end audit that is not subject to a “going concern” or like qualification or exception. In addition to the waiver discussed above, the Tenth Amendment to the 2017 Credit Agreement also provided a waiver related to obtaining a “going concern” or like qualification or exception in the report of the Company’s independent registered public accounting firm for the Company’s year-end December 31, 2019 financial statements. We cannot be assured that we will be able to obtain additional covenant waivers or amendments in the future which may have a material adverse effect on the Company’s results of operations or liquidity.
Please refer to Note 2. Summary of Significant Accounting Policies and Note 10. Financing Arrangements for additional details.

We have engaged financial and legal advisors to assist us in, among other things, analyzing various strategic alternatives to address our liquidity and capital structure, including strategic and refinancing alternatives to restructure our indebtedness in private transactions. Due to our current financial constraints, there is a substantial risk that it may be necessary for us to seek protection under Chapter 11 of the United States Bankruptcy Code.

Seeking bankruptcy court protection could have a material adverse effect on our business, financial condition, results of operations and liquidity. In addition, during the period of time we are involved in a bankruptcy proceeding, our customers and suppliers might lose confidence in our ability to reorganize our business successfully and may seek to establish alternative commercial relationships.

Additionally, all of our indebtedness is senior to the existing common stock and preferred stock in our capital structure. As a result, we believe that seeking bankruptcy court protection under a Chapter 11 proceeding could cause the shares of our existing common stock to be canceled, result in a limited recovery, if any, for shareholders of our common stock, and would place shareholders of our common stock at significant risk of losing all of their investment in our shares. For further discussion of this risk, please see Part II, Item IA “Risk Factors” of this Report.

Amendments to Credit Agreement

On July 19, 2019, we entered into an amendment to the 2017 Credit Agreement (the “Seventh Amendment to 2017 Credit Agreement”), which, among other things, upsized the Term Loans by $40 million, reduced scheduled principal repayments over the subsequent six quarters by an aggregate amount of approximately $25.3 million and provided additional stock pledges (including the remaining 35% of the equity interests of first tier foreign subsidiaries that were previously not pledged) as collateral. Net of fees and expenses, the 2017 Credit Agreement Amendment resulted in approximately $60 million of incremental liquidity over the subsequent 18 months from the July 19, 2019 modification date.

Concurrent with entering into the Seventh Amendment to 2017 Credit Agreement, we also entered into an amendment to the Securities Purchase Agreement (the “Second Amendment to the Securities Purchase Agreement”), which, among other things, removed our ability to make any cash interest payments under the Second Lien Notes so long as such payments are prohibited by the terms of the 2017 Credit Agreement, added collateral for the Second Lien Notes consistent with the additional collateral provided under the 2017 Credit Agreement, and modified the prepayment premium schedule to extend through maturity of the Second Lien Notes. Please see Note 10. Financing Arrangements to our condensed consolidated financial statements (Part IV, Item 15 of the December 31, 2019 Form 10-K) for more information on the Seventh Amendment to 2017 Credit Agreement and the Second Amendment to the Securities Purchase Agreement.


63



On April 15, 2020, we entered into an amendment to our 2017 Credit Agreement (the “Tenth Amendment to 2017 Credit Agreement”) that modified the Maximum First Lien Leverage covenant to exempt us from needing to comply therewith for the period ended on March 31, 2020. Additionally, in connection with the Tenth Amendment to 2017 Credit Agreement, we agreed to maintain undrawn revolving commitments plus cash and cash equivalents of the Company and its subsidiaries in an aggregate amount of not less than $17.5 million (“Minimum Liquidity”). Additionally, during the first quarter of 2020 we initiated actions to improve our cost structure included headcount reductions, reductions in discretionary spend such as professional services and travel and entertainment; and in the future, planned actions include the relocation of facilities, and a focus on re-engineering the Company’s business processes in addition to supply chain and procurement savings. Our ability to satisfy our liquidity needs and comply with the other covenants under our existing indebtedness, including the Minimum Liquidity covenant and the Maximum First Lien Leverage covenant under the 2017 Credit Agreement, thereafter is dependent upon our ability to achieve the operating results that are reflected in our covenant calculation. Significant adverse conditions, which may result from increased contraction in the general economic environment, a downturn in the industry, changes in foreign and domestic civil aviation authorities’ orders and other factors described in the Section “Cautionary Note Regarding Forward Looking Statements” and our description of “Risk Factors” in the December 31, 2019 Form 10-K may impact our ability to comply with the Minimum Liquidity covenant and achieve the required Maximum First Lien Leverage levels. Means for improving our profitability, among others, include renegotiation of bandwidth contracts, optimizing delivery of connectivity and content services provided, renewing and obtaining new customer contracts, and other operational actions to improve productivity and efficiency, all of which may not be within our control. If we are unable to achieve the improved results required to comply with these covenants, we may be required to take specific actions in addition to those described above, including but not limited to, additional reductions in headcount, targeted procurement initiatives to reduce operating costs and other operating costs, or alternatively, seeking an amendment or waiver from our lenders or taking other remedial measures.

Credit Rating

On April 10, 2019, S&P Global downgraded the Company’s credit rating by two notches from B- to CCC, and on April 10, 2020 they downgraded the Company an additional notch to CCC-. On April 6, 2020 Moody’s downgraded the Company’s credit rating one notch from B3 to Caa2. These downgrades may negatively impact our ability to refinance or amend our existing indebtedness.

Cash and Cash Equivalents

Our cash and cash equivalents are maintained at several financial institutions. Deposits held may exceed the amount of insurance provided on such deposits. Generally, our deposits may be redeemed upon demand and are maintained with a financial institution of reputable credit and, therefore, bear minimal credit risk. As of March 31, 2020, and December 31, 2019, approximately $4.8 million and $17.7 million of our cash and cash equivalents, respectively, were held by our foreign subsidiaries. In March 2020, the Company purchased commercial papers with nominal value of $30.0 million for an initial investment of $29.9 million with maturities ranging from 29 to 71 days. The investment was classified as held-to-maturity. At March 31, 2020, the amortized cost of the investment was $29.9 million. There were no credit losses on the investment.  

Sources and Uses of Cash—Three Months Ended March 31, 2020 and 2019

A summary of our cash flow activities for the three months ended March 31, 2020 and 2019 is as follows (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Net cash used in operating activities
$
(3,690
)
 
$
(10,231
)
Net cash used in investing activities
(1,477
)
 
(9,083
)
Net cash provided by financing activities
35,230

 
926

Effects of exchange rate changes on cash, cash equivalents and restricted cash
371

 
$
265

Net increase (decrease) in cash, cash equivalents and restricted cash
30,434

 
(18,123
)
Cash, Cash Equivalents and Restricted Cash at beginning of period
24,462

 
51,868

Cash, Cash Equivalents and Restricted Cash at end of period
$
54,896

 
$
33,745

    


64


Net Cash Used in Operating Activities

Three Months Ended March 31, 2020
Net cash used in our operating activities of $3.7 million primarily reflects our net loss of $80.9 million during the period and net non-cash charges of $65.1 million primarily related to the goodwill impairment charge of $22.1 million, depreciation and amortization expenses of $19.7 million, a $10.9 million loss on equity method investments including impairment losses, comprised of $13.1 million impairment loss offset by the gain on equity method investments of $2.4 million for the first quarter. Additionally, we had net cash inflows of $12.2 million resulting from changes in working capital balances, primarily driven by reduced cash outflows in accounts payable and accrued expenses.

Three Months Ended March 31, 2019
Net cash used in our operating activities of $10.2 million primarily reflects our net loss of $37.6 million during the period, which included net non-cash charges of $28.2 million primarily related to depreciation and amortization expenses of $22.0 million and other items netting to a charge of $9.0 million.

The remainder of our cash used in operating activities was as a result of net cash outflows of $0.8 million resulting from changes in working capital balances, predominantly driven by cash outflows due to increase in accounts receivable balances resulting from higher billing than collection.

Net Cash Used in Investing Activities

Three Months Ended March 31, 2020
Net cash used in investing activities during the three months ended March 31, 2020 of $1.5 million was due to purchases of property and equipment, principally relating to the purchase of expanded connectivity infrastructure to support our growth.

Three Months Ended March 31, 2019
Net cash used in investing activities during the three months ended March 31, 2019 of $9.1 million was due to purchases of property, plant and equipment, principally relating to the purchase of expanded connectivity infrastructure to support our growth.

Net Cash Flows Provided by Financing Activities

Three Months Ended March 31, 2020
Net cash provided by financing activities of $35.2 million was primarily due to higher borrowings over repayments under our 2017 Revolving. We borrowed $44.3 million on the 2017 Revolving Loans which was offset by repayments of $7.0 million on the 2017 Revolving Loans, as well as additional repayment of other loan and indebtedness of $2.1 million.

Three Months Ended March 31, 2019
Net cash provided by financing activities of $0.9 million was primarily due to borrowings from related parties of $7.4 million. In addition, we borrowed $17.9 million on the 2017 Revolving Loans which was offset by repayments of $21.0 million on the 2017 Revolving Loans, as well as additional repayments of indebtedness in the amount of $3.3 million.


65


Long-Term Debt

As of March 31, 2020 and December 31, 2019, our long-term debt consisted of the following (in thousands):
 
March 31, 2020
 
December 31, 2019
Senior secured term loan facility, due January 2023
$
504,680

 
$
506,037

Senior secured revolving credit facility, due January 2022
80,615

 
43,315

Second lien notes, due June 2023
188,716

 
178,034

Convertible senior notes due 2035
82,500

 
82,500

Other debt
22,937

 
23,685

Unamortized bond discounts, fair value adjustments and issue costs, net
(58,068
)
 
(60,509
)
Total carrying value of debt
821,380

 
773,062

Less: current portion, net
(804,575
)
 
(15,678
)
Total non-current
$
16,805

 
$
757,384


The aggregate contractual maturities of all borrowings, including finance leases, as of March 31, 2020 were as follows (in thousands):
Years Ending December 31,
Amount
2020 (remaining nine months)
$
13,633

2021
29,818

2022
110,564

2023
633,974

2024
3,236

Thereafter
88,223

Total
$
879,448


The previous table excludes future purchase commitments with some of our connectivity vendors to secure future inventory for our airline customers and commitments related to ongoing engineering and antenna projects. At March 31, 2020, we also had outstanding letters of credit in the amount of $4.4 million, of which $4.4 million was issued under the letter of credit facility under the Senior Secured Credit Agreement that the Company entered into on January 6, 2017 (the “2017 Credit Agreement”).

As market conditions warrant, we may from time to time seek to purchase or otherwise retire our outstanding debt in privately negotiated or open-market transactions, by tender offer or otherwise. Subject to any applicable limitations contained in the documents governing our indebtedness, any purchase or retirement made by us may be funded by the use of cash on our balance sheet or the incurrence of new secured or unsecured debt. The amounts involved in any such transactions, individually or in the aggregate, may be material. Any such purchase may be with respect to a substantial amount of a particular class of debt, with the attendant reduction in the trading liquidity of such class. In addition, any such purchases made at prices below the “adjusted issue price” (as defined for U.S. federal income tax purposes) may result in taxable cancellation of indebtedness income to us, which amounts may be material, and in related adverse tax consequences to us.

Covenant Compliance Under the 2017 Credit Agreement

Under the 2017 Credit Agreement, we are subject to a financial-reporting covenant (“Financial Reporting Covenant”), Minimum Liquidity covenant and a Maximum First Lien Leverage covenant, each of which is described in more detail in our 2019 Form 10-K and above, in addition to other customary covenants and restrictions set forth therein.

As noted above, the Company was in compliance with all lender covenants for the period ended March 31, 2020. However, in anticipation of failing the Maximum First Lien Leverage covenant, the Company sought and was granted a waiver over such covenant on April 15, 2020 in connection with the Tenth Amendment to the 2017 Credit Agreement (the “Tenth Amendment to 2017 Credit Agreement”), while the lenders added an additional covenant at that time, namely the Minimum Liquidity covenant.


66


Moreover, based on current projections, management believes it is probable that the Company will not comply with the Minimum Liquidity covenant and the Maximum First Lien Leverage covenant in the 2017 Credit Agreement during the remainder of the fiscal year. Due to these factors and the cross-default provisions contained in our other debt, which would be triggered upon acceleration of debt under the 2017 Credit Agreement, effective as of the March 31, 2020 balance sheet, the Company classified all applicable long-term debt as current.

You should also refer to the section titled “Risks Related to Our Indebtedness” in Part I, Item 1A. Risk Factors in our 2019 Form 10-K, for an explanation of the consequences of our failure to satisfy these covenants.

Contractual Obligations
For a discussion of movie license and Internet protocol television commitments, minimum lease obligations, satellite capacity, and other contractual commitments as of March 31, 2020 and for periods subsequent thereto, see Note 12. Commitments and Contingencies to the unaudited condensed consolidated financial statements (contained in Part I, Item 1 of this Form 10-Q) for a discussion.

Off -Balance Sheet Arrangements
As of March 31, 2020, we did not have any off-balance sheet arrangements that have, or are reasonably likely to have, a material effect on our financial condition, results of operations, liquidity, capital expenditures or capital resources.


ITEM 3.    QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a smaller reporting company, we are not required to provide disclosure under this item.


ITEM 4.    CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in reports filed or submitted under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms and that such information is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosures.

As of the end of the period covered by this Form 10-Q, we carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) of the Exchange Act) pursuant to Rule 13a-15 of the Exchange Act. Based upon that evaluation, as a result of the material weaknesses in internal control over financial reporting identified in our 2019 Form 10-K, our Chief Executive Officer (who is our principal executive officer) and Chief Financial Officer (who is our principal financial officer) concluded that as of March 31, 2020, the end of the period covered by this Form 10-Q, our disclosure controls and procedures were not effective.
    
Notwithstanding the material weaknesses in our internal control over financial reporting, we have concluded that the unaudited condensed consolidated financial statements included in this Form 10-Q fairly present, in all material respects, our financial position, results of operations and cash flows for the periods presented in conformity with accounting principles generally accepted in the United States of America

As disclosed in Part II. Item 9A. “Controls and Procedures” in our 2019 Form 10-K, we identified material weaknesses in our internal control over financial reporting for the period ended December 31, 2019 as follows:

Control Environment

We did not have an adequate complement of personnel with an appropriate level of technical expertise and experience for the conduct of certain financial reporting processes.


67



We did not enforce policies and procedures, nor did we hold personnel accountable for internal control responsibilities over certain financial reporting processes.

Risk Assessment

We did not effectively implement all the necessary changes in internal controls that were responsive to our periodic risk assessment.

Information and Communication

We did not establish sufficient controls over certain information technology systems to ensure that information used in financial reporting is timely, current, accurate, complete, accessible, protected and verifiable and retained.

Control Activities

As a consequence of the ineffective control environment, risk assessment, and information and communication components, as noted above, we did not sufficiently design, implement, and maintain control activities at the transaction level that mitigate the risk of material misstatement in financial reporting resulting in the transaction-level material weaknesses described below. We did not develop written policies and procedures at a sufficient level of precision to support the operating effectiveness of the controls to prevent and detect potential errors. The following deficiencies in control activities were identified:

Financial Statement Close and Reporting Process
Ineffective design, implementation and operation of controls over the completeness, existence and accuracy of the financial statement close and reporting process and financial statement disclosures.

GITCs and Automated Controls
Ineffective general information technology controls (GITCs) over certain IT operating systems, databases, and system applications supporting financial reporting processes associated with material weaknesses. GITCs include controls over new systems development, program changes and user access controls commensurate with the user’s job responsibilities and authorities and are necessary to address different IT systems used in the financial reporting processes across the organization. Accordingly, automated process-level controls and manual controls that are dependent upon the information derived from certain IT systems are also determined to be ineffective.

Inventory
Ineffective design, implementation and operation of controls over the completeness, existence, accuracy and valuation of inventory transactions.

Internally Developed Software Costs
Ineffective design, implementation and operation of controls over the completeness, existence, accuracy, valuation and presentation of the capitalization of internally developed software costs and related amortization expense.

Long-Lived Assets
Ineffective design, implementation and operation of controls over the completeness, existence, accuracy, valuation and presentation of long-lived assets and related depreciation expense.
Ineffective controls to assess the existence of impairment indicators and to perform an impairment assessment of customer relationship intangible assets in accordance with the relevant accounting guidance.

Goodwill Impairment
Ineffective design, implementation and operation of controls over the completeness and accuracy of the data provided to third-party consultants for purposes of the goodwill impairment analysis.
Ineffective design, implementation and operation of controls over the appropriateness of the assumptions and methodology used to measure the fair value of reporting units and the reasonableness of the conclusions in consultants’ reports.

Accounts Payable and Accrued Liabilities
Ineffective design, implementation and operation of controls over the completeness, existence and accuracy of the procurement of goods and services and invoice processing and cash disbursements, and the completeness, existence, accuracy and presentation of accounts payable and accrued liabilities and operating expenses.

Revenue Processes


68


Ineffective design, implementation and operation of controls over the completeness, existence, accuracy and presentation of revenue and deferred revenue transactions and accounts receivable, including cash receipts, and the collectability of accounts receivable and its related allowance.

Cost of Sales and Related Accruals
Ineffective design, implementation and operation of controls over the completeness, accuracy and presentation of cost of sales and related accrued liabilities.

Income Taxes
Ineffective design, implementation and operation of controls over the completeness, existence, accuracy, valuation and presentation of income tax accounts including income tax expense (benefit) and withholding tax expense, deferred tax assets and liabilities, uncertain tax positions, and taxes payable and receivable.

Business Combination
Ineffective design, implementation and operation of controls over the completeness, existence and accuracy of the fair value of acquired assets and assumed liabilities in connection with the finalization of purchase price allocations. In addition, we do not have effective processes and related internal controls to execute and account for an acquired business.

Leases
Ineffective design, implementation and operation of controls over the completeness, existence, accuracy, valuation and presentation of rights-of-use assets and lease liabilities in connection with the adoption and post-adoption accounting for transactions within the scope of Topic 842.
Ineffective design, implementation and operation of controls over the completeness, existence, accuracy and presentation of revenue transactions generated under arrangements where the Company leases equipment in providing bandwidth services to our Maritime and Land Connectivity customers, including proper classification of such arrangements under Topic 842.

Changes in Internal Control Over Financial Reporting
    
As disclosed in Part II. Item 9A. “Controls and Procedures” in our 2019 Form 10-K, we identified material weaknesses in our internal control over financial reporting for the period ended December 31, 2019. We are in the process of implementing remediation initiatives related to these material weaknesses, as more fully described below.

Remediation Initiatives

Since the identification of the material weaknesses, management has taken steps to strengthen its processes and control environment, and enhance communication and training related to Sarbanes Oxley requirements (“SOX”). Moreover, management has taken additional measures to centralize internal control framework and inventory of IT systems and utilities used across the organization to support financial reporting, and to strengthen accounting policy documentation for its complex processes and transactions and continues to enhance our financial control governance structure. During the fiscal quarter ended March 31, 2020, we continued to enhance our overall control environment, including process level controls to help ensure that control operators have adequate time to demonstrate that these controls are operating effectively for the fiscal year ending December 31, 2020.

Under the direction of the Audit Committee, management will continue to review and make necessary changes to the overall design of our internal control environment, as well as to policies and procedures to improve the overall effectiveness of internal controls during the fiscal year ending December 31, 2020.

Other Changes

We continued our efforts in the design and implementation of new process level controls in connection with the adoption of Topic 842, Leases which are reasonably likely to materially affect internal control over financial reporting.

Under the direction of the Audit Committee of our Board, management will continue to review and make necessary changes to the overall design of our internal control environment, as well as to policies and procedures to improve the overall effectiveness of internal controls during the fiscal year ending December 31, 2020.
Aside from the actions taken as described above, there have been no changes in our internal control over financial reporting, that occurred during the three months ended March 31, 2020, that have materially affected, or are reasonably likely to materially affect, our internal controls over financial reporting. Management continues to implement the comprehensive remediation program as


69


disclosed in Part II. Item 9A. “Controls and Procedures” in our 2019 Form 10-K to ensure that control deficiencies contributing to the material weakness are remediated and that our controls operate effectively.

PART II — OTHER INFORMATION

ITEM 1.    LEGAL PROCEEDINGS

Certain legal proceedings in which we are involved are discussed in Part I, Item 3 of our 2019 Form 10-K and in Note 11. Commitments and Contingencies, to the condensed consolidated financial statements included in this Form 10-Q. Except as disclosed in Note 10. Commitments and Contingencies, there have been no material updates to such legal proceedings.

ITEM 1A.    RISK FACTORS

COVID-19 Risk Factors

In light of the current COVID-19 pandemic, the Company is supplementing the risk factors previously disclosed in its most recent periodic reports filed with the SEC with the following risk factors:

There is substantial risk that it may be necessary for us to seek protection under Chapter 11 of the United States Bankruptcy Code, which may have a material adverse impact on our business, financial condition, results of operations, and cash flows, would have a material adverse impact on the trading price of our securities, and could place our shareholders at significant risk of losing all of their investment in our shares.

We have engaged financial and legal advisors to assist us in, among other things, analyzing various strategic alternatives to address our liquidity and capital structure, including strategic and refinancing alternatives to restructure our indebtedness in private transactions. Due to our current financial constraints, there is a substantial risk that it may be necessary for us to seek protection under Chapter 11 of the United States Bankruptcy Code.

Seeking bankruptcy court protection could have a material adverse effect on our business, financial condition, results of operations and liquidity. As long as a Chapter 11 proceeding continues, our senior management would be required to spend a significant amount of time and effort dealing with the reorganization instead of focusing on our business operations. Bankruptcy court protection also may make it more difficult to retain management and other key personnel necessary to the success and growth of our business. In addition, during the period of time we are involved in a bankruptcy proceeding, our customers and suppliers might lose confidence in our ability to reorganize our business successfully and may seek to establish alternative commercial relationships.

Additionally, all of our indebtedness is senior to the existing common stock and preferred stock in our capital structure. As a result, we believe that seeking bankruptcy court protection under a Chapter 11 proceeding could cause the shares of our existing common stock to be canceled, result in a limited recovery, if any, for shareholders of our common stock, and would place shareholders of our common stock at significant risk of losing all of their investment in our shares.

The minimum liquidity covenant set forth in recent amendments to our credit agreement may impact our operations and activities.

On April 15, 2020, we entered into the Tenth Amendment to 2017 Credit Agreement that, among other things, requires to maintain undrawn revolving commitments plus cash and cash equivalents of the Company and its subsidiaries in an aggregate amount of not less than $17.5 million (“Minimum Liquidity”). This Minimum Liquidity covenant imposes substantial limits on our ability to make investments in our business. In addition, we may be limited in our ability to pay all of our required debt and interest payments on our indebtedness and our other operating expenses while in compliance with this Minimum Liquidity covenant. At this time, our management believes it is probable that we will not comply with the Minimum Liquidity covenant during the remainder of the fiscal year.

If the Company is unable to comply with the Minimum Liquidity covenant or other covenants contained in its debt agreements or obtain a waiver or an amendment from the lenders, or take other remedial measures, the Company will be in default under the credit facilities, which would enable lenders thereunder to accelerate the repayment of amounts outstanding and exercise remedies with respect to the collateral. If the Company’s lenders under our credit facilities demand immediate payment, we will not have sufficient cash to repay such indebtedness and would likely be required to seek bankruptcy protection. In addition, a default under our credit facilities or the lenders exercising their remedies thereunder could trigger cross-default provisions in our other indebtedness and certain other operating agreements, which would likely require us to seek bankruptcy protection.



70


Our substantial indebtedness and limited cash on hand may limit our ability to invest in the ongoing needs of our business and subject us to various reporting and financial covenants that we may be unable to comply with. The failure to remain in compliance with those covenants could cause our creditors to accelerate our debt obligations, which could adversely affect our business and financial condition and may cause us to seek bankruptcy protection.

We currently have a significant amount of indebtedness and could in the future incur additional indebtedness. As of March 31, 2020, we had $504.7 million aggregate principal amount in senior secured term loans (the “Term Loans”) outstanding under our senior secured credit agreement (the “2017 Credit Agreement”). In addition, we had $80.6 million drawn under the 2017 Revolving Loans (excluding approximately $4.4 million in letters of credit outstanding thereunder), with no remaining availability thereunder; $188.7 million aggregate principal amount of outstanding Second Lien Notes, including $38.7 million of payment-in-kind (“PIK”) interest converted to principal since issuance; $82.5 million aggregate principal amount of 2.75% convertible senior notes due 2035; and other debt outstanding of $22.9 million.

A substantial amount of our cash requirements is for debt service obligations. We have generated substantial historic operating losses. We have incurred net losses and had negative cash flows from operations for the first quarter ended March 31, 2020 primarily as a result of the negative operating impact of COVID-19, managing working capital and cash interest and principal payments arising from our substantial debt balance. Net cash used in operations was $3.7 million for the three months ended March 31, 2020 which included cash paid for interest of $14.6 million. Working capital deficiency increased by $776.7 million, to $840.0 million as of March 31, 2020, compared to $63.4 million as of December 31, 2019. Our current forecast indicates we will continue to incur net losses and generate negative cash flows from operating activities as a result of our indebtedness and significant related interest expense and uncertainty related to the impact of COVID-19 on the results of operations.

Our substantial debt combined with our other financial obligations and contractual commitments, as well as significant expenses in connection with our efforts to remediate material weaknesses in our internal control over financial reporting, could have significant adverse consequences on our business and financial condition. For example:
    
If we fail to meet payment obligations or otherwise default under our debt, the lenders will have the right to accelerate the indebtedness and exercise other rights and remedies against us. We do not expect that we could repay all of our outstanding indebtedness if the repayment of such indebtedness was accelerated.

We are required to comply with a financial covenant that requires us to maintain, as of any test period, a consolidated first lien net leverage ratio (the “Leverage Ratio”), as defined under our senior secured credit agreement entered into on January 6, 2017, as amended from time to time, the “2017 Credit Agreement”). Such ratio is used to define the applicable rate on outstanding debt and fees and used to determine compliance for additional working capital and acquisitions. If we are unable to achieve the results required to comply with this covenant in one or more quarters over the next twelve months, we may be required to take specific actions, including but not limited to, further reductions in headcount and targeted procurement initiatives to further reduce operating costs, or alternatively, seek a waiver or an amendment from our lenders. On April 15, 2020, the Company entered into the Tenth Amendment to the 2017 Credit Agreement and obtained, among other amendments and waivers, a waiver of our maximum consolidated first lien net leverage ratio covenant for the quarter ended March 31, 2020 and the addition of a Minimum Liquidity covenant. This Minimum Liquidity covenant imposes substantial limits on our ability to make investments in our business. In addition, we may be limited in our ability to pay all of our required debt and interest payments on our indebtedness and our other operating expenses while in compliance with this Minimum Liquidity covenant. If we are unable to continue meeting these financial covenants, we will be in default under our credit facilities, which would enable lenders thereunder to accelerate the repayment of amounts outstanding and exercise remedies with respect to the collateral. If any of our lenders under our credit facilities demand immediate payment, we will not have sufficient cash to repay such indebtedness. In addition, a default under our credit facilities or the lenders exercising their remedies thereunder could trigger cross-default provisions in our other indebtedness and certain other operating agreements. Our ability to amend our credit facilities or otherwise obtain future waivers from our lenders depends on matters that are outside of our control and there can be no assurance that we will be successful in that regard. In addition, any covenant breach or event of default could further harm our credit rating and our ability to obtain financing on acceptable terms, or at all. The occurrence of any of these events could have a material adverse effect on our financial condition and liquidity.

We may not have sufficient funds or be able to obtain financing if we are required to repurchase the convertible notes, which could cause us to default under the indenture. A default under the indenture would also cause an event of default


71


under our 2017 Credit Agreement, which, at the election of the requisite majority of lenders, could cause all outstanding indebtedness under our 2017 Credit Agreement to become immediately due and payable. An acceleration under the indenture would also cause an event of default under our Second Lien Notes, which, at the election of the requisite majority of holders, could cause all outstanding indebtedness under our Second Lien Notes to become immediately due and payable.
    
Our ability to obtain additional financing to fund future working capital needs, capital expenditures, acquisitions and other general corporate requirements could be limited. If we are unable to raise additional capital when needed, it could affect our liquidity, business, financial condition, results of operations and cash flows. In addition, our revolving credit facility is conditioned upon the absence of defaults and our ability to make certain representations and warranties. Failure to meet our borrowing conditions under our revolving credit facility could materially and adversely impact our liquidity.
    
Our debt imposes operating and financial covenants and restrictions on us, and compliance with such covenants and restrictions may adversely affect our ability to incur additional debt at favorable rates, or at all, to adequately finance our operations or capital needs, pursue attractive business opportunities that may arise, redeem or repurchase capital stock, pay dividends, sell assets and make capital expenditures.
    
Our failure to comply with the covenants in our 2017 Credit Agreement and the securities purchase agreement governing our Second Lien Notes due June 30, 2023 (as amended, the “Second Lien Notes”), which include covenants requiring us to timely file our audited and unaudited financial statements, could result in an event of default on our debt.

We could experience increased vulnerability to general adverse economic conditions, including increases in interest rates, if our borrowings bear interest at variable rates or if such indebtedness is refinanced at a time when interest rates are higher.

Unless the terms of our 2017 Credit Agreement otherwise permit cash interest payments, all interest payments on our Second Lien Notes must be paid in-kind through maturity, which will increase the outstanding principal amount on such notes and further increase our substantial indebtedness.

Our ability to make scheduled payments of the principal of, to pay interest on or to refinance our indebtedness depends on our performance, which is subject to economic, financial, competitive and other factors beyond our control. In the recent past, our business has not generated positive cash flows from operating activities and may not generate cash flow from operations in the future sufficient to service our debt and make necessary capital expenditures. If we are unable to generate such cash flow, we may be required to adopt one or more alternatives, such as selling assets, restructuring debt or obtaining additional equity capital on terms that may be onerous or highly dilutive. Our ability to refinance our indebtedness will depend on the capital markets and our financial condition at such time. We may not be able to engage in any of these activities or engage in these activities on desirable terms, which could result in a default on our debt obligations.

In addition, we may incur substantial additional indebtedness in the future, which could cause the related risks to intensify. We may need to refinance all or a portion of our indebtedness on or before their respective maturities. We cannot assure you that we will be able to refinance any of our indebtedness on commercially reasonable terms or at all. The terms of any new debt may also impose additional and more stringent restrictions on our operations than are currently in place. In addition, our revolving credit facility is subject to the absence of defaults and our ability to make certain representations and warranties. Failure to meet our borrowing conditions under our revolving credit facility could materially and adversely impact our liquidity.

As further described herein, to service our debt obligations and to fund our operations and our capital expenditures, we require a significant amount of cash to meet our needs, which depends on many factors beyond our control. There is no assurance that we will be able to create the required liquidity. Our ability to meet our obligations as they become due in the ordinary course of business for the next 12 months will depend on our ability to achieve forecasted results, our ability to conserve cash, our ability to obtain necessary waivers from lenders and other equity stakeholders to achieve sufficient cash interest savings therefrom and our ability to complete other liquidity-generating transactions. Based on the uncertainty of achieving these actions and the significance of the forecasted future negative cash flows resulting from our substantial debt balance, including anticipated future cash interest payments, our management has determined that there is substantial doubt as to the our ability to continue as a going concern.

If we are unable to complete any of the actions described in the paragraph above, or otherwise generate incremental liquidity, or if there are material adverse developments in our business, results of operations or liquidity, we may be forced to further reduce


72


or delay our business activities and capital expenditures, sell material assets, seek additional capital or be required to file for bankruptcy court protection. We cannot assure you that we would be able to accomplish any of these alternatives on a timely basis or on satisfactory terms, if at all.

ITEM 5.    OTHER INFORMATION

ITEM 6.    EXHIBITS
 
 
 
 
Incorporated by Reference
Exhibit No.
 
Exhibit Index
 
Form
 
SEC File No.
 
Exhibit
 
Filing Date
 
Filed Herewith
3.1
 
Second Amended and Restated Certificate of Incorporation.

 
8-K
 
001-35176
 
3.1
 
2/6/2013
 
 
3.2
 
Certificate of Amendment to Second Amended and Restated Certificate of Incorporation
 
8-K
 
001-35176
 
3.1
 
4/16/2020
 
 
3.3
 
Certificate of Designations of Series A Junior Participating Preferred Stock of Global Eagle Entertainment Inc.
 
8-K
 
001-35176
 
3.1
 
3/20/2020
 
 
4.1
 
Rights Agreement, dated as of March 19, 2020, between Global Eagle Entertainment Inc. and American Stock Transfer & Trust Company, LLC, as Rights Agent, which includes the Form of Certificate of Designations, the Form of Right Certificate, and the Summary of Rights to Purchase Preferred Shares
 
8-K
 
001-35176
 
4.1
 
3/20/2020
 
 
10.1
 
Eighth Amendment to Credit Agreement, dated as of April 7, 2020, by and among Global Eagle Entertainment Inc., the guarantors party thereto, the lenders party thereto, and Citibank, N.A., as administrative agent.
 
8-K
 
001-35176
 
10.1
 
4/13/2020
 
 
10.2
 
Ninth Amendment to Credit Agreement, dated as of April 9, 2020, by and among Global Eagle Entertainment Inc., the guarantors party thereto, the lenders party thereto, and Citibank, N.A., as administrative agent.
 
8-K
 
001-35176
 
10.2
 
4/13/2020
 
 
10.3
 
Tenth Amendment to Credit Agreement, dated as of April 15, 2020, by and among Global Eagle Entertainment Inc., the guarantors party thereto, the lenders party thereto, and Citibank N.A., as administrative agent.
 
8-K
 
001-35176
 
10.1
 
4/16/2020
 
 
10.4
 
Third Amendment to Securities Purchase Agreement, dated as of April 15, 2020, by and among Global Eagle Entertainment Inc., the guarantors party thereto, and each purchaser party thereto.
 
8-K
 
001-35176
 
10.2
 
4/16/2020
 
 
31.1
 
 
 
 
 
 
 
 
 
 
X
31.2
 
 
 
 
 
 
 
 
 
 
X
32.1
 
 
 
 
 
 
 
 
 
 
X
32.2
 
 
 
 
 
 
 
 
 
 
X
101.INS
 
XBRL Instance Document
 
 
 
 
 
 
 
 
 
X
101.PRE
 
XBRL Taxonomy Extension Presentation Linkbase Document
 
 
 
 
 
 
 
 
 
X
101.SCH
 
XBRL Taxonomy Extension Schema Document
 
 
 
 
 
 
 
 
 
X
101.CAL
 
XBRL Taxonomy Extension Calculation Linkbase Document
 
 
 
 
 
 
 
 
 
X
101.DEF
 
XBRL Taxonomy Extension Definition Linkbase Document
 
 
 
 
 
 
 
 
 
X
101.LAB
 
XBRL Taxonomy Extension Label Linkbase Document
 
 
 
 
 
 
 
 
 
X


73


SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on July 2, 2020.

 
GLOBAL EAGLE ENTERTAINMENT INC.
 
By:
/s/ CHRISTIAN MEZGER
 
 
Christian Mezger
 
 
Chief Financial Officer
 
 
(Principal Financial Officer)



74
EX-31.1 2 ent-ex311ceocertificationq.htm EXHIBIT 31.1 Exhibit


Exhibit 31.1
 
CERTIFICATION
 
I, Joshua B. Marks, certify that:

1.           I have reviewed this Quarterly Report on Form 10-Q of Global Eagle Entertainment Inc.
 
2.           Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statement made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
 
3.           Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
 
4.           The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
 
(a)          Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
 
(b)          Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)    Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
 
(d)          Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
 
5.           The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):
 
(a)          All significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
 
(b)          Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.

Date:
July 2, 2020
/s/ Joshua B. Marks
 
 
Joshua B. Marks
 
 
Chief Executive Officer
 
 
(principal executive officer)


EX-31.2 3 ent-ex312cfocertificationq.htm EXHIBIT 31.2 Exhibit


Exhibit 31.2
 
CERTIFICATION
 
I, Christian Mezger, certify that:
 
1.           I have reviewed this Quarterly Report on Form 10-Q of Global Eagle Entertainment Inc.
 
2.           Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statement made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
 
3.           Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
 
4.           The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
 
(a)          Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
 
(b)          Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)    Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
 
(d)          Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
 
5.           The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):
 
(a)          All significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
 
(b)          Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.
 
Date:
July 2, 2020
/s/ Christian Mezger
 
 
Christian Mezger
 
 
Chief Financial Officer
 
 
(principal financial officer and duly authorized officer)

 



EX-32.1 4 ent-ex321ceoperiodcertq1x2.htm EXHIBIT 32.1 Exhibit


Exhibit 32.1
 
CERTIFICATION PURSUANT TO
18 U.S.C. 1350
(SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002)
 
I, Joshua B. Marks, Chief Executive Officer of Global Eagle Entertainment Inc. (the “Company”), certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350, that, to the best of my knowledge:
 
(1) the Quarterly Report on Form 10-Q of the Company for the quarter ended March 31, 2020 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a) or 78o(d)); and 

(2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
 
Date:
July 2, 2020
/s/ Joshua B. Marks
 
 
Joshua B. Marks
 
 
Chief Executive Officer
 
 
(principal executive officer)




EX-32.2 5 ent-ex322cfoperiodcertq1x2.htm EXHIBIT 32.2 Exhibit


Exhibit 32.2
 
CERTIFICATION PURSUANT TO
18 U.S.C. 1350
(SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002) 

I, Christian Mezger, Chief Financial Officer of Global Eagle Entertainment Inc. (the “Company”), certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350, that, to the best of my knowledge:
 
(1) the Quarterly Report on Form 10-Q of the Company for the quarter ended March 31, 2020 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a) or 78o(d)); and
 
(2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
 
Date:
July 2, 2020
/s/ Christian Mezger
 
 
Christian Mezger
 
 
Chief Financial Officer
 
 
(principal financial officer and duly authorized officer)





EX-101.INS 6 ent-20200331.xml XBRL INSTANCE DOCUMENT 0001512077 2020-01-01 2020-03-31 0001512077 2020-06-30 0001512077 2020-03-31 0001512077 2019-12-31 0001512077 us-gaap:LicenseAndServiceMember 2020-01-01 2020-03-31 0001512077 us-gaap:ProductMember 2020-01-01 2020-03-31 0001512077 2019-01-01 2019-03-31 0001512077 us-gaap:LicenseAndServiceMember 2019-01-01 2019-03-31 0001512077 us-gaap:ProductMember 2019-01-01 2019-03-31 0001512077 us-gaap:TreasuryStockMember 2020-03-31 0001512077 us-gaap:CommonStockMember 2020-01-01 2020-03-31 0001512077 us-gaap:TreasuryStockMember 2019-12-31 0001512077 us-gaap:AdditionalPaidInCapitalMember 2020-03-31 0001512077 us-gaap:AdditionalPaidInCapitalMember 2020-01-01 2020-03-31 0001512077 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-01-01 2020-03-31 0001512077 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-03-31 0001512077 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-12-31 0001512077 us-gaap:RetainedEarningsMember 2019-12-31 0001512077 ent:SubscriptionsMember 2020-03-31 0001512077 us-gaap:AdditionalPaidInCapitalMember 2019-12-31 0001512077 us-gaap:CommonStockMember 2020-03-31 0001512077 us-gaap:RetainedEarningsMember 2020-03-31 0001512077 us-gaap:CommonStockMember 2019-12-31 0001512077 us-gaap:RetainedEarningsMember 2020-01-01 0001512077 us-gaap:RetainedEarningsMember 2020-01-01 2020-03-31 0001512077 2020-01-01 0001512077 ent:SubscriptionsMember 2019-12-31 0001512077 us-gaap:RetainedEarningsMember 2018-12-31 0001512077 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-03-31 0001512077 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-03-31 0001512077 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0001512077 2018-12-31 0001512077 us-gaap:TreasuryStockMember 2018-12-31 0001512077 ent:SubscriptionsMember 2018-12-31 0001512077 2019-03-31 0001512077 us-gaap:CommonStockMember 2018-12-31 0001512077 us-gaap:CommonStockMember 2019-03-31 0001512077 us-gaap:TreasuryStockMember 2019-03-31 0001512077 us-gaap:RetainedEarningsMember 2019-03-31 0001512077 us-gaap:RetainedEarningsMember 2019-01-01 2019-03-31 0001512077 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0001512077 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-03-31 0001512077 ent:SubscriptionsMember 2019-03-31 0001512077 us-gaap:AdditionalPaidInCapitalMember 2019-03-31 0001512077 us-gaap:CommonStockMember 2019-01-01 2019-03-31 0001512077 ent:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2020-01-01 0001512077 ent:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember 2020-01-01 0001512077 ent:SantanderMember 2020-03-31 0001512077 ent:WirelessMaritimeServicesMember 2020-03-31 0001512077 srt:MinimumMember 2020-01-01 2020-03-31 0001512077 ent:MaritimeLandConnectivityMember 2020-01-01 2020-03-31 0001512077 us-gaap:SubsequentEventMember 2020-06-25 0001512077 ent:SantanderMember 2020-01-01 2020-03-31 0001512077 srt:MaximumMember 2020-01-01 2020-03-31 0001512077 ent:WirelessMaritimeServicesMember 2016-07-27 0001512077 ent:WirelessMaritimeServicesMember 2020-01-01 2020-03-31 0001512077 us-gaap:ConvertibleDebtMember 2020-03-31 0001512077 us-gaap:CorporateDebtSecuritiesMember 2020-03-01 2020-03-31 0001512077 us-gaap:RevolvingCreditFacilityMember 2020-01-01 2020-03-31 0001512077 ent:SantanderMember 2016-07-27 0001512077 ent:ContractObtainmentCostsMember 2020-01-01 2020-03-31 0001512077 ent:ContractObtainmentCostsMember 2019-12-31 0001512077 ent:ContractObtainmentCostsMember 2020-03-31 0001512077 ent:ContractFulfillmentCostsMember 2020-01-01 2020-03-31 0001512077 ent:ContractFulfillmentCostsMember 2019-12-31 0001512077 ent:ContractFulfillmentCostsMember 2020-03-31 0001512077 us-gaap:LicenseAndServiceMember ent:ContentMember 2019-01-01 2019-03-31 0001512077 ent:AviationEquipmentMember ent:AviationConnectivityMember 2020-01-01 2020-03-31 0001512077 ent:ContentMember 2020-01-01 2020-03-31 0001512077 ent:MaritimeandLandServicesMember ent:AviationConnectivityMember 2020-01-01 2020-03-31 0001512077 ent:AviationConnectivityMember 2019-01-01 2019-03-31 0001512077 ent:AviationServicesMember ent:AviationConnectivityMember 2019-01-01 2019-03-31 0001512077 ent:MaritimeandLandEquipmentMember ent:AviationConnectivityMember 2020-01-01 2020-03-31 0001512077 ent:AviationEquipmentMember ent:AviationConnectivityMember 2019-01-01 2019-03-31 0001512077 ent:ContentMember 2019-01-01 2019-03-31 0001512077 ent:AviationServicesMember ent:AviationConnectivityMember 2020-01-01 2020-03-31 0001512077 ent:AviationConnectivityMember 2020-01-01 2020-03-31 0001512077 us-gaap:LicenseAndServiceMember ent:ContentMember 2020-01-01 2020-03-31 0001512077 ent:MaritimeandLandEquipmentMember ent:AviationConnectivityMember 2019-01-01 2019-03-31 0001512077 ent:MaritimeandLandServicesMember ent:AviationConnectivityMember 2019-01-01 2019-03-31 0001512077 us-gaap:ServiceMember 2019-01-01 2019-03-31 0001512077 us-gaap:ServiceMember 2020-01-01 2020-03-31 0001512077 2019-01-01 2019-12-31 0001512077 ent:SatelliteCapacityLeasesMember 2020-03-31 0001512077 us-gaap:RealEstateMember 2020-03-31 0001512077 ent:CoLocationPropertiesMember 2020-03-31 0001512077 srt:MaximumMember ent:BandwidthOperatingLeasesMember 2020-01-01 2020-03-31 0001512077 srt:MinimumMember us-gaap:RealEstateMember 2020-01-01 2020-03-31 0001512077 ent:BandwidthOperatingLeasesMember 2019-01-01 2019-03-31 0001512077 srt:MinimumMember ent:CoLocationPropertiesMember 2020-01-01 2020-03-31 0001512077 ent:BandwidthOperatingLeasesMember 2020-01-01 2020-03-31 0001512077 srt:MaximumMember ent:CoLocationPropertiesMember 2020-01-01 2020-03-31 0001512077 srt:MaximumMember us-gaap:RealEstateMember 2020-01-01 2020-03-31 0001512077 srt:MinimumMember ent:BandwidthOperatingLeasesMember 2020-01-01 2020-03-31 0001512077 us-gaap:EquipmentLeasedToOtherPartyMember 2019-12-31 0001512077 us-gaap:EquipmentLeasedToOtherPartyMember 2020-03-31 0001512077 us-gaap:LeaseholdImprovementsMember 2019-12-31 0001512077 us-gaap:ComputerEquipmentMember 2019-12-31 0001512077 us-gaap:BuildingMember 2020-03-31 0001512077 us-gaap:EquipmentMember 2019-12-31 0001512077 ent:SatelliteTransponderMember 2019-12-31 0001512077 ent:AirplaneMember 2019-12-31 0001512077 us-gaap:FurnitureAndFixturesMember 2019-12-31 0001512077 us-gaap:ComputerEquipmentMember 2020-03-31 0001512077 us-gaap:OtherIntangibleAssetsMember 2020-03-31 0001512077 us-gaap:AutomobilesMember 2020-03-31 0001512077 us-gaap:AutomobilesMember 2019-12-31 0001512077 us-gaap:EquipmentMember 2020-03-31 0001512077 us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2020-03-31 0001512077 ent:AirplaneMember 2020-03-31 0001512077 us-gaap:LeaseholdImprovementsMember 2020-03-31 0001512077 us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2019-12-31 0001512077 us-gaap:FurnitureAndFixturesMember 2020-03-31 0001512077 us-gaap:BuildingMember 2019-12-31 0001512077 us-gaap:OtherIntangibleAssetsMember 2019-12-31 0001512077 ent:SatelliteTransponderMember 2020-03-31 0001512077 us-gaap:CostOfSalesMember 2019-01-01 2019-03-31 0001512077 us-gaap:ResearchAndDevelopmentExpenseMember 2020-01-01 2020-03-31 0001512077 us-gaap:SellingAndMarketingExpenseMember 2020-01-01 2020-03-31 0001512077 us-gaap:GeneralAndAdministrativeExpenseMember 2020-01-01 2020-03-31 0001512077 us-gaap:CostOfSalesMember 2020-01-01 2020-03-31 0001512077 us-gaap:GeneralAndAdministrativeExpenseMember 2019-01-01 2019-03-31 0001512077 us-gaap:SellingAndMarketingExpenseMember 2019-01-01 2019-03-31 0001512077 us-gaap:ResearchAndDevelopmentExpenseMember 2019-01-01 2019-03-31 0001512077 ent:MaritimeLandConnectivityMember 2020-03-31 0001512077 ent:AviationConnectivityMember 2020-03-31 0001512077 ent:ContentMember 2020-03-31 0001512077 ent:ContentMember 2019-12-31 0001512077 ent:MaritimeLandConnectivityMember 2019-12-31 0001512077 ent:AviationConnectivityMember 2019-12-31 0001512077 us-gaap:ComputerSoftwareIntangibleAssetMember 2020-01-01 2020-03-31 0001512077 us-gaap:ComputerSoftwareIntangibleAssetMember 2020-03-31 0001512077 us-gaap:CustomerRelationshipsMember 2020-03-31 0001512077 us-gaap:InProcessResearchAndDevelopmentMember 2020-03-31 0001512077 us-gaap:OtherIntangibleAssetsMember 2020-03-31 0001512077 us-gaap:OrderOrProductionBacklogMember 2020-03-31 0001512077 us-gaap:InProcessResearchAndDevelopmentMember 2020-01-01 2020-03-31 0001512077 us-gaap:OrderOrProductionBacklogMember 2020-01-01 2020-03-31 0001512077 us-gaap:CustomerRelationshipsMember 2020-01-01 2020-03-31 0001512077 us-gaap:OtherIntangibleAssetsMember 2020-01-01 2020-03-31 0001512077 srt:WeightedAverageMember 2020-01-01 2020-03-31 0001512077 us-gaap:InProcessResearchAndDevelopmentMember 2019-12-31 0001512077 us-gaap:OrderOrProductionBacklogMember 2019-12-31 0001512077 us-gaap:ComputerSoftwareIntangibleAssetMember 2019-01-01 2019-03-31 0001512077 us-gaap:CustomerRelationshipsMember 2019-12-31 0001512077 us-gaap:ComputerSoftwareIntangibleAssetMember 2019-12-31 0001512077 us-gaap:OtherIntangibleAssetsMember 2019-12-31 0001512077 us-gaap:OrderOrProductionBacklogMember 2019-01-01 2019-03-31 0001512077 us-gaap:CustomerRelationshipsMember 2019-01-01 2019-03-31 0001512077 us-gaap:OtherIntangibleAssetsMember 2019-01-01 2019-03-31 0001512077 us-gaap:InProcessResearchAndDevelopmentMember 2019-01-01 2019-03-31 0001512077 ent:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2019-12-31 0001512077 ent:OtherAirlinePartnerMember 2020-01-01 2020-03-31 0001512077 ent:InternationalAirlinePartnerMember 2020-01-01 2020-03-31 0001512077 2016-07-27 2016-07-27 0001512077 ent:WirelessMaritimeServicesandSantanderMember 2020-03-31 0001512077 ent:WirelessMaritimeServicesandSantanderMember 2019-12-31 0001512077 us-gaap:OtherDebtSecuritiesMember 2020-03-31 0001512077 us-gaap:RevolvingCreditFacilityMember 2019-12-31 0001512077 ent:SecondLienNotesDue2023Member 2020-03-31 0001512077 us-gaap:RevolvingCreditFacilityMember 2020-03-31 0001512077 us-gaap:ConvertibleDebtMember 2019-12-31 0001512077 us-gaap:OtherDebtSecuritiesMember 2019-12-31 0001512077 ent:SecondLienNotesDue2023Member 2019-12-31 0001512077 ent:TermLoanMember 2020-03-31 0001512077 ent:TermLoanMember 2019-12-31 0001512077 us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2017-01-06 0001512077 ent:A2017CreditAgreementMember us-gaap:LineOfCreditMember 2020-03-31 0001512077 us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2020-03-31 0001512077 ent:TransponderEquipmentFinancingMember 2020-03-31 0001512077 ent:SecondLienCreditAgreementMember ent:PennyWarrantsMember 2020-03-31 0001512077 us-gaap:LetterOfCreditMember us-gaap:LineOfCreditMember 2017-01-06 0001512077 ent:SecondLienCreditAgreementMember ent:MarketWarrantsMember 2020-03-31 0001512077 us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2020-02-28 2020-02-28 0001512077 ent:SecondLienCreditAgreementMember 2020-03-31 0001512077 ent:SantanderMember 2019-12-31 0001512077 ent:Row44IncMember ent:FormerOfficerMember 2020-03-31 0001512077 ent:Row44IncMember ent:FormerOfficerMember us-gaap:SubsequentEventMember 2020-05-06 2020-05-06 0001512077 ent:PutnamInvestmentsandPARMember 2018-02-07 2018-02-07 0001512077 ent:Row44IncMember ent:FormerOfficerMember 2020-02-24 2020-02-24 0001512077 ent:Row44IncMember ent:FormerOfficerMember 2011-07-15 2011-07-15 0001512077 ent:WirelessMaritimeServicesMember 2019-02-28 0001512077 ent:WirelessMaritimeServicesMember 2020-03-31 0001512077 ent:WirelessMaritimeServicesMember 2019-02-01 2019-02-28 0001512077 ent:Row44IncMember ent:FormerOfficerMember 2011-07-15 0001512077 ent:SantanderMember 2019-01-01 2019-03-31 0001512077 ent:Row44IncMember ent:FormerOfficerMember 2019-12-31 0001512077 ent:UMGRecordingsMember ent:PricePerShareScenarioTwoMember us-gaap:CommonStockMember 2017-03-01 2017-03-31 0001512077 ent:UMGRecordingsMember ent:PricePerShareScenarioOneMember us-gaap:CommonStockMember 2017-03-31 0001512077 ent:SwiftAirLLCMember us-gaap:SettledLitigationMember 2020-03-02 2020-03-02 0001512077 ent:UMGRecordingsMember us-gaap:SettledLitigationMember 2017-03-01 2017-03-31 0001512077 ent:UMGRecordingsMember us-gaap:SettledLitigationMember 2016-08-01 2016-08-31 0001512077 ent:UMGRecordingsMember ent:PricePerShareScenarioTwoMember us-gaap:CommonStockMember 2017-03-31 0001512077 ent:BMGRightsManagementUSLLCMember us-gaap:SettledLitigationMember ent:PaymentTermsThreeMember 2018-05-03 2018-05-03 0001512077 ent:SwiftAirLLCMember us-gaap:PendingLitigationMember 2014-08-01 2014-08-31 0001512077 us-gaap:LineOfCreditMember 2020-03-31 0001512077 ent:UMGRecordingsMember ent:PricePerShareScenarioOneMember us-gaap:CommonStockMember 2017-03-01 2017-03-31 0001512077 ent:BMGRightsManagementUSLLCMember us-gaap:SettledLitigationMember 2019-12-03 2019-12-03 0001512077 ent:BMGRightsManagementUSLLCMember us-gaap:SettledLitigationMember 2019-12-31 0001512077 ent:BMGRightsManagementUSLLCMember us-gaap:SettledLitigationMember ent:PaymentTermsOneMember 2018-05-03 2018-05-03 0001512077 ent:BMGRightsManagementUSLLCMember us-gaap:SettledLitigationMember ent:PaymentTermsTwoMember 2018-05-03 2018-05-03 0001512077 us-gaap:LetterOfCreditMember us-gaap:LineOfCreditMember 2020-03-31 0001512077 ent:SatelliteServiceProviderMember 2020-03-31 0001512077 ent:MovieLicenseandInternetProtocolTelevisionIPTVCommitmentsMember 2020-03-31 0001512077 us-gaap:EmployeeStockOptionMember ent:TwentyThirteenEquityIncentivePlanMember 2017-12-21 0001512077 2020-03-30 2020-03-30 0001512077 ent:TwentyThirteenEquityIncentivePlanMember 2018-01-18 0001512077 us-gaap:SubsequentEventMember 2020-04-15 0001512077 ent:TwentySeventeenEquityIncentivePlanMember 2017-12-21 0001512077 2016-03-31 0001512077 ent:TwentySeventeenEquityIncentivePlanMember 2018-06-25 0001512077 us-gaap:SubsequentEventMember 2020-04-14 0001512077 ent:ServiceCostMember 2020-01-01 2020-03-31 0001512077 ent:ServiceCostMember 2019-01-01 2019-03-31 0001512077 srt:MaximumMember us-gaap:SubsequentEventMember 2020-04-15 2020-04-15 0001512077 us-gaap:OperatingSegmentsMember ent:AviationConnectivityMember 2019-01-01 2019-03-31 0001512077 us-gaap:OperatingSegmentsMember us-gaap:LicenseAndServiceMember ent:ContentMember 2019-01-01 2019-03-31 0001512077 us-gaap:OperatingSegmentsMember us-gaap:LicenseAndServiceMember ent:ContentMember 2020-01-01 2020-03-31 0001512077 us-gaap:OperatingSegmentsMember us-gaap:ProductMember ent:AviationConnectivityMember 2019-01-01 2019-03-31 0001512077 us-gaap:OperatingSegmentsMember us-gaap:ServiceMember ent:AviationConnectivityMember 2020-01-01 2020-03-31 0001512077 us-gaap:OperatingSegmentsMember us-gaap:ProductMember ent:AviationConnectivityMember 2020-01-01 2020-03-31 0001512077 us-gaap:OperatingSegmentsMember ent:ContentMember 2019-01-01 2019-03-31 0001512077 us-gaap:OperatingSegmentsMember ent:ContentMember 2020-01-01 2020-03-31 0001512077 us-gaap:OperatingSegmentsMember ent:AviationConnectivityMember 2020-01-01 2020-03-31 0001512077 us-gaap:OperatingSegmentsMember us-gaap:ServiceMember ent:AviationConnectivityMember 2019-01-01 2019-03-31 0001512077 us-gaap:CorporateNonSegmentMember 2019-12-31 0001512077 us-gaap:OperatingSegmentsMember ent:ContentMember 2019-12-31 0001512077 us-gaap:OperatingSegmentsMember ent:AviationConnectivityMember 2020-03-31 0001512077 us-gaap:OperatingSegmentsMember 2019-12-31 0001512077 us-gaap:CorporateNonSegmentMember 2020-03-31 0001512077 us-gaap:OperatingSegmentsMember 2020-03-31 0001512077 us-gaap:OperatingSegmentsMember ent:ContentMember 2020-03-31 0001512077 us-gaap:OperatingSegmentsMember ent:AviationConnectivityMember 2019-12-31 0001512077 ent:SecondLienCreditAgreementMember 2019-12-31 0001512077 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001512077 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001512077 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001512077 us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0001512077 ent:CashSettledPhantomStockOptionsMember us-gaap:FairValueMeasurementsRecurringMember 2020-03-31 0001512077 ent:SecondLienCreditAgreementMember 2020-01-01 2020-03-31 0001512077 ent:EquipmentFinancingMember 2020-03-31 0001512077 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2020-03-31 0001512077 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2020-03-31 0001512077 us-gaap:FairValueMeasurementsRecurringMember 2020-03-31 0001512077 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2020-03-31 0001512077 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2019-01-01 2019-12-31 0001512077 us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2020-01-01 2020-03-31 0001512077 us-gaap:NonUsMember 2020-03-31 0001512077 us-gaap:SalesRevenueSegmentMember us-gaap:CustomerConcentrationRiskMember ent:AviationConnectivityMember 2019-01-01 2019-03-31 0001512077 us-gaap:SalesRevenueSegmentMember us-gaap:CustomerConcentrationRiskMember 2019-01-01 2019-03-31 0001512077 us-gaap:SalesRevenueSegmentMember us-gaap:CustomerConcentrationRiskMember 2020-01-01 2020-03-31 0001512077 us-gaap:SalesRevenueSegmentMember us-gaap:CustomerConcentrationRiskMember ent:AviationConnectivityMember 2020-01-01 2020-03-31 0001512077 us-gaap:SubordinatedDebtMember 2018-03-27 2018-03-27 0001512077 ent:ContingentlyIssuedCommonStockMember 2020-01-01 2020-03-31 0001512077 us-gaap:RestrictedStockUnitsRSUMember 2020-01-01 2020-03-31 0001512077 ent:PennyWarrantsMember 2019-01-01 2019-03-31 0001512077 us-gaap:ConvertibleDebtSecuritiesMember 2019-01-01 2019-03-31 0001512077 ent:MarketWarrantsMember 2019-01-01 2019-03-31 0001512077 ent:ContingentlyIssuedCommonStockMember 2019-01-01 2019-03-31 0001512077 us-gaap:ConvertibleDebtSecuritiesMember 2020-01-01 2020-03-31 0001512077 ent:PennyWarrantsMember 2020-01-01 2020-03-31 0001512077 us-gaap:StockOptionMember 2020-01-01 2020-03-31 0001512077 us-gaap:RestrictedStockUnitsRSUMember 2019-01-01 2019-03-31 0001512077 ent:MarketWarrantsMember 2020-01-01 2020-03-31 0001512077 us-gaap:StockOptionMember 2019-01-01 2019-03-31 iso4217:USD ent:customer iso4217:USD xbrli:shares xbrli:pure ent:member ent:reporting_unit xbrli:shares ent:segment false --12-31 Q1 2020 2020-03-31 10-Q 0001512077 3753807 Yes false Non-accelerated Filer Yes Global Eagle Entertainment Inc. false true -870000 6776000 1286000 9313000 -870000 1 3 0.45 0.43 2987000 866000 7800000 6200000 5 5 2 2 3 3 276000 226000 50000 54200000 0 111000 115000 0 4000 0 0 672000 705000 0 33000 0 1355000 3941000 2688000 0 17500000 P71D P29D 21952000 19712000 0.51 0.51 940000 8500000 0 647000 2768000 -776700000 3645000 4437000 2200000 100000 6868000 7953000 P2Y P8Y P10Y P1Y P1Y P1Y 0 1933000 39187000 35614000 0.05 8956 0.20 0.16 0.19 0 0 464000 464000 200000 0 0 243000 243000 0.2 72000 63400000 840000000 178930000 188513000 1800000 1300000 94995000 91289000 88219000 82796000 88219000 82796000 87716000 -503000 174342000 30692000 186587000 32554000 32000 269000 P14Y10M24D 818961000 820239000 -2688000 -2688000 2389000 2389000 1339000 1339000 1289000 27000 1141000 68000 53000 1128000 66000 928000 77000 57000 6776000 503000 8493000 2950000 866000 1974000 2134000 7799000 6142000 36000 520000 723000 178000 87000 205000 36000 520000 723000 178000 170000 203000 668580000 20872000 647708000 331368000 316340000 630476000 50472000 580004000 279799000 300205000 158968000 179854000 2481000 195000 133000 104000 29000 5643000 5256000 387000 5786000 5378000 408000 23964000 54200000 54193000 4800000 30700000 39955000 21832000 24462000 54896000 -18123000 30434000 0.0001 0.0001 0.0001 375000000 375000000 3837920 3989188 92944935 3717797 3793000 -122000 3838000 -122000 3715775 3838000 -122000 3867043 3867000 -122000 600000 600000 400000 10000 10000 -37376000 -80688000 0.21 0.39 0.17 0.16 0.20 0.38 0 0 305000 305000 0 0 98000 98000 14431000 12599000 2159000 10440000 12403000 9621000 12317000 9535000 86000 86000 6723000 -3187000 Contract payment terms are generally 30 to 45 days 134194000 57669000 10925000 65600000 123269000 10925000 120807000 55556000 7523000 57728000 113284000 7523000 51515000 70151000 -1287000 -1287000 178034000 506037000 82500000 23685000 43315000 879448000 188700000 188716000 504680000 82500000 82500000 22937000 80615000 9300000 14900000 13000000 0.0275 60500000 60509000 58068000 58100000 -8000 -1870000 5894000 4019000 14153000 8934000 3382000 835000 1002000 13505000 9628000 2784000 571000 522000 938000 207000 3700000 -10.23 -21.77 -10.23 -21.77 265000 371000 41400000 3000000 10100000 0.49 0.49 50588000 45489000 26593000 13623000 6887000 7088000 25370000 24635000 2207000 9866000 32100000 30877000 78886000 78886000 64300000 64300000 0 383000 18400000 18405000 23489000 5638000 3758000 3758000 3758000 3758000 2819000 5084000 0 420000 0.0830 P6Y3M P5Y2M12D P8Y8M12D P8Y P3Y P5Y1M6D P10Y P2Y P7Y6M0D P5Y2M12D P8Y8M12D P8Y P3Y P5Y1M6D 146540000 30487000 91124000 5716000 18300000 913000 152747000 32263000 95259000 5945000 18300000 980000 368000 16056000 4230000 6890000 7907000 13824000 202023000 36799000 138358000 7317000 18300000 1249000 202022000 36799000 138358000 7317000 18300000 1248000 55483000 6312000 47234000 1601000 0 336000 49275000 4536000 43099000 1372000 0 268000 -164000 -453000 -508000 0 159607000 54022000 83455000 22130000 137359000 54022000 83337000 0 -118000 0 -118000 0 390607000 98022000 83455000 209130000 390489000 98022000 83337000 209130000 231000000 44000000 0 187000000 253130000 44000000 44000000 0 209100000 209130000 0 22130000 0 0 22100000 22130000 32425000 10084000 22341000 23358000 10529000 12829000 29900000 -37479000 -79799000 2129000 -10858000 130000 1126000 1100000 9473000 9616000 9567000 -1149000 727000 -2782000 -416000 -3489000 7310000 -522000 9041000 -3512000 2979000 -6448000 55483000 49275000 -21277000 -22587000 14600000 26695000 25343000 0 803000 34440000 26126000 62918000 6824000 1034000 31571000 17472000 1009000 0 10825000 7929000 550000 0 3621000 7935000 561000 0 3616000 9767000 1468000 0 4541000 10704000 1793000 0 5153000 9111000 1443000 1034000 3815000 15606000 1266000 24000 9232000 4400000 4400000 4400000 1043734000 1086327000 668580000 630476000 222325000 1019882000 0 0 769000 769000 0 0 341000 341000 15000000.0 85000000.0 0 500000 773062000 149772000 485166000 71100000 71126000 23683000 43315000 821380000 161121000 485405000 71300000 71302000 22937000 80615000 757384000 16805000 15678000 804575000 658215000 99922000 454168000 37125000 23685000 43315000 450333000 23058000 317948000 5775000 22937000 80615000 88223000 3236000 633974000 110564000 29818000 13633000 757384000 16805000 3500000 9000000 900000 500000 500000 1500000 5500000 926000 35230000 -9083000 -1477000 -10231000 -3690000 -3700000 -37609000 -37609000 -80925000 -80925000 773062000 773100000 821380000 821400000 82500000 15678000 804575000 7400000 2 2 3 -19090000 -46793000 0 0 500000 300000 1600000 1400000 34107000 26023000 47312000 5558000 1010000 22339000 8319000 7169000 23636000 21739000 2028000 0.0889 0.0724 0.0990 P4Y7M2D P0Y9M0D P7Y0M4D 12839000 12121000 12728000 -111000 27509000 26868000 26836000 -673000 43616000 274723000 58355000 33032000 33032000 7588000 49903000 2466000 34527000 33562000 65874000 233000 233000 237000 237000 51515000 70151000 7081000 10090000 34409000 23796000 3400000 3400000 -1347000 2138000 -179000 232000 9507000 38700000 10682000 18000000 5000000 30000000 9083000 1477000 0.0001 0.0001 1000000 1000000 0 0 0 0 0 0 6753000 4698000 150000000 41800000 41800000 17900000 44300000 7350000 0 -37609000 -80925000 319637000 456000 70100000 301000 7088000 16993000 57369000 157259000 2683000 11319000 1499000 51939000 319356000 456000 70100000 298000 7087000 15425000 55961000 158138000 2672000 11340000 1150000 52690000 145295000 26677000 132769000 23407000 393000 2987000 1100000 1100000 0.06 0.065 21000000 7000000 3324000 2070000 6979000 5963000 700000 498000 703000 700000 45000 29000 -117000 -117000 -61000 -61000 -1162901000 -1245113000 -1164188000 -1287000 166619000 80010000 16141000 70468000 14060000 31241000 2081000 39227000 150478000 80010000 16141000 3500000 86609000 80010000 144165000 68385000 8520000 67260000 6403000 30706000 2117000 36554000 135645000 68385000 8520000 2700000 75780000 68385000 956300000 0 1794000 180000 261000 382000 43000 425000 503000 333000 103000 1521000 273000 8249000 5340000 27980000 30576000 1289000 1128000 260000 440000 80000 83914 282812 200000 250.00 300.00 20000 16000 50000000.0 44800000 -375154000 -455851000 -226335000 -597000 -119000 814488000 10000 -1009458000 -30659000 -264127000 -597000 114000 814072000 10000 -1047067000 -30659000 -375154000 -597000 32000 818961000 10000 -1162901000 -30659000 -455851000 -597000 269000 820239000 10000 -1245113000 -30659000 0.04 597000 597000 122145 122145 30659000 30659000 938000 207000 7700000 6300000 6400000 6200000 3673000 3718000 <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">The book value of the equipment held by customers under operating leases, which are classified as &#8220;Equipment&#8221; in </font><a style="font-family:inherit;font-size:10pt;background-color:#ffffff;" href="#s71F06909266050B983B9DEE67F6B5C69"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">Note 5- Property &amp; Equipment</font></a><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">, is as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:72%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equipment</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross balance</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">55,961</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">57,369</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(32,554</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(30,692</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Book Value</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">23,407</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">26,677</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation expense, including software amortization expense, by classification consisted of the following (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cost of sales</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,628</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,934</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sales and marketing</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">522</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,002</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Product development</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">571</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">835</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">General and administrative</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,784</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,382</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total depreciation expense</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,505</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,153</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a schedule of future minimum commitments under movie and IPTV arrangements as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:87%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Years Ending December 31,</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Amount</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020 (remaining nine months)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,562</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,588</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,466</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,616</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Satellite Bandwidth Capacity</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company maintains agreements with satellite service providers to provide for satellite capacity. Except when an arrangement is assessed to meet the definition of a finance lease in accordance with ASC 842, in which case the expensing pattern is front-loaded, the Company expenses these satellite fees in the month the service is provided as a charge to licensing and services cost of sales.</font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a schedule of future minimum satellite costs, across all connectivity end-markets and including the satellite bandwidth arrangement assessed as a finance lease, as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:87%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Years Ending December 31,</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Amount</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020 (remaining nine months)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">65,874</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,903</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34,527</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,032</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2024</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,032</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58,355</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Future Payments</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">274,723</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A summary of our allowances for credit losses were as follows (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:46%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accounts Receivable</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Prepaid and Other Current Assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Other Non-Current Assets</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at January 1, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,776</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,776</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cumulative-effect adjustment of ASC 326 adoption</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">503</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">111</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">672</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,286</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current-period provision for expected credit losses</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,950</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,987</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Write-offs and dispositions</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(866</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(866</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency rate changes</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(870</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(870</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at March 31, 2020</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,493</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">115</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">705</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,313</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1) The current-period provision for expected credit losses was due primarily to the impact of COVID-19. </font><font style="font-family:inherit;font-size:10pt;">One</font><font style="font-family:inherit;font-size:10pt;"> international airline partner in particular accounted for approximately </font><font style="font-family:inherit;font-size:10pt;">45%</font><font style="font-family:inherit;font-size:10pt;"> of the provision recorded during the three-month period ended March 31, 2020 and </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> other airline partners accounted for approximately </font><font style="font-family:inherit;font-size:10pt;">43%</font><font style="font-family:inherit;font-size:10pt;"> of the provision recorded during the same period because of financial distress caused by COVID-19. We will continue to monitor the financial conditions of all customers and will record additional credit losses in the future, as appropriate.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Credit Loss Reserve and Allowances</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Upon adoption of ASC 326 as of January 1, 2020, the Company implemented an expected credit loss allowance methodology for accounts receivable using historical collection experience, current and future economic and market conditions, and a review of the current status of each customer&#8217;s trade accounts receivables. As a part of the implementation, the Company analyzed the prior history of credit losses on accounts receivable separately for each of the </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> business segments Media &amp; Content and Connectivity, and within each segment, separately for Aviation, Land and Maritime verticals. Our business is managed between Media &amp; Content and Connectivity, and therefore, it was deemed appropriate to first analyze losses separately for the two based on the nature of these segments and related customer base. Further, the Company noted that historically customers between the aviation, land and maritime groups exhibit common risk characteristics based upon the industries for which they operate in and believed a further breakdown of segments across aviation, land and maritime verticals was appropriate. The analysis resulted in the Company analyzing history of credit losses on accounts receivable for a total of six aggregation points and determining loss rates for each based on a five-year period average. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company used the average historical loss rates in estimating credit loss reserve. Additionally, the Company estimates loss reserve based on the aging of the accounts receivable balances and the financial condition of customers and provides for specific allowance amounts for those customers that have a higher probability of default. We regularly monitor the collection status of accounts receivable through account reconciliation, dispute resolution, payment tracking, customer&#8217;s financial condition and macroeconomic conditions. We write-off balances when determined to be uncollectible. We apply a similar methodology towards our current and non-current contract asset balances, which shares some common risks with accounts receivable. Specifically, for the three months ended March 31, 2020, we have reviewed and considered the current and future economic and market conditions resulting from the COVID-19 pandemic in determining our estimated credit losses.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A summary of our allowances for credit losses were as follows (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:46%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accounts Receivable</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Prepaid and Other Current Assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Other Non-Current Assets</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at January 1, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,776</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,776</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cumulative-effect adjustment of ASC 326 adoption</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">503</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">111</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">672</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,286</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current-period provision for expected credit losses</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,950</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,987</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Write-offs and dispositions</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(866</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(866</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency rate changes</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(870</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(870</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at March 31, 2020</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,493</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">115</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">705</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,313</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1) The current-period provision for expected credit losses was due primarily to the impact of COVID-19. </font><font style="font-family:inherit;font-size:10pt;">One</font><font style="font-family:inherit;font-size:10pt;"> international airline partner in particular accounted for approximately </font><font style="font-family:inherit;font-size:10pt;">45%</font><font style="font-family:inherit;font-size:10pt;"> of the provision recorded during the three-month period ended March 31, 2020 and </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> other airline partners accounted for approximately </font><font style="font-family:inherit;font-size:10pt;">43%</font><font style="font-family:inherit;font-size:10pt;"> of the provision recorded during the same period because of financial distress caused by COVID-19. We will continue to monitor the financial conditions of all customers and will record additional credit losses in the future, as appropriate.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the opinion of the Company's management, the unaudited interim condensed consolidated financial statements have been prepared on the same basis as the Company's audited consolidated financial statements for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">, and include normal recurring adjustments necessary for the fair presentation of the Company's interim unaudited condensed consolidated financial statements for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. The results for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results expected for the full </font><font style="font-family:inherit;font-size:10pt;">2020</font><font style="font-family:inherit;font-size:10pt;"> fiscal year. The consolidated balance sheet as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;"> has been derived from the Company's audited balance sheet included in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on May 15, 2020 (the "2019 Form 10-K"). </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The interim unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (&#8220;GAAP&#8221;) for interim financial information and with the instructions to SEC Form 10-Q and Article 10 of SEC Regulation S-X. They do not include all of the information and footnotes required by GAAP for complete audited financial statements. Therefore, these interim unaudited condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto included in the 2019 Form 10-K. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#212529;font-style:italic;font-weight:bold;">Principles of Consolidation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#212529;">The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Basis of Presentation and Summary of Significant Accounting Policies</font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a summary of the significant accounting policies consistently applied in the preparation of the accompanying unaudited condensed consolidated financial statements.</font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the opinion of the Company's management, the unaudited interim condensed consolidated financial statements have been prepared on the same basis as the Company's audited consolidated financial statements for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">, and include normal recurring adjustments necessary for the fair presentation of the Company's interim unaudited condensed consolidated financial statements for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. The results for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results expected for the full </font><font style="font-family:inherit;font-size:10pt;">2020</font><font style="font-family:inherit;font-size:10pt;"> fiscal year. The consolidated balance sheet as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;"> has been derived from the Company's audited balance sheet included in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on May 15, 2020 (the "2019 Form 10-K"). </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The interim unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (&#8220;GAAP&#8221;) for interim financial information and with the instructions to SEC Form 10-Q and Article 10 of SEC Regulation S-X. They do not include all of the information and footnotes required by GAAP for complete audited financial statements. Therefore, these interim unaudited condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto included in the 2019 Form 10-K. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#212529;font-style:italic;font-weight:bold;">Principles of Consolidation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#212529;">The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#212529;font-style:italic;font-weight:bold;">Liquidity, Going Concern and Management&#8217;s Plan</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The impact of the COVID-19 pandemic on the global travel industry created an urgent liquidity crisis for the airline, cruise ship and other maritime industries, which created follow-on impact for the Company. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, our principal source of liquidity was our cash and cash equivalents of approximately </font><font style="font-family:inherit;font-size:10pt;">$54.2 million</font><font style="font-family:inherit;font-size:10pt;">. In addition, we had approximately </font><font style="font-family:inherit;font-size:10pt;">$0.7 million</font><font style="font-family:inherit;font-size:10pt;"> of restricted cash, which amount is excluded from the </font><font style="font-family:inherit;font-size:10pt;">$54.2 million</font><font style="font-family:inherit;font-size:10pt;"> of cash and cash equivalents, and was attached to letters of credit between our subsidiaries and certain customers. Our cash is invested primarily in cash and money market funds in banking institutions in the U.S., Canada and Europe and to a lesser extent in Asia Pacific. Our total debt balance increased from </font><font style="font-family:inherit;font-size:10pt;">$773.1 million</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">$821.4 million</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. This was primarily driven by the February 2020 draw down of the remaining </font><font style="font-family:inherit;font-size:10pt;">$41.8 million</font><font style="font-family:inherit;font-size:10pt;"> under our Senior Secured Revolving Credit Facility (&#8220;Revolving Credit Facility&#8221;) with a corresponding increase in our cash on hand. As of June 30, 2020, we had approximately </font><font style="font-family:inherit;font-size:10pt;">$30.7 million</font><font style="font-family:inherit;font-size:10pt;"> of cash and cash equivalents.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial Accounting Standards Board (&#8220;FASB&#8221;) Accounting Standards Codification (&#8220;ASC&#8221;) Topic 205-40, Presentation of Financial Statements - Going Concern, requires that an entity&#8217;s management evaluate whether there are relevant events and conditions that in aggregate initially indicate that it will not be able to meet its obligations as they become due within one year after the date that the financial statements are issued, and therefore raise substantial doubt about the entity&#8217;s ability to continue as a going concern. The Company has evaluated events and conditions as further described below, including historical losses and negative cash flows from operations, government and industry-imposed travel restrictions in the aviation and maritime industries that the Company services, and the Company&#8217;s projected future violations of the covenants contained in its existing indebtedness, including the maximum consolidated first lien net leverage ratio (&#8220;Maximum First Lien Leverage&#8221;) and a covenant requiring it to maintain minimum levels of undrawn revolving commitments plus cash and cash equivalents (&#8220;Minimum Liquidity&#8221;) contained in its Senior Secured Credit Agreement entered into on January 6, 2017 (as amended, the &#8220;2017 Credit Agreement&#8221;). These events and conditions have raised substantial doubt of the Company&#8217;s ability to satisfy existing debt obligations and paydown past due accounts payable and other obligations as they become due in the next 12 months</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our customers in the airline, cruise ship and other maritime industries, have been heavily impacted by the COVID-19 pandemic, through travel restrictions, government and business-imposed shutdowns or other operating issues resulting from the pandemic. We continue to analyze the potential impacts of the conditions and events arising from the ongoing COVID-19 pandemic. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s principal sources of liquidity have historically been its debt and equity issuances, and its cash and cash equivalents. The Company&#8217;s long-term ability to continue as a going concern is dependent on its ability to comply with the covenants in its indebtedness, increase revenue, reduce costs and deliver satisfactory levels of profitable operations. A substantial amount of the Company's cash requirements is for debt service obligations. The Company has generated substantial historic operating losses. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has incurred net losses and had negative cash flows from operations for the first quarter ended March 31, 2020 primarily as a result of the negative operating impact of COVID-19. Net cash used in operations was </font><font style="font-family:inherit;font-size:10pt;">$3.7 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended March 31, 2020 which included cash paid for interest of&#160;</font><font style="font-family:inherit;font-size:10pt;">$14.6 million</font><font style="font-family:inherit;font-size:10pt;">. Working capital deficiency </font><font style="font-family:inherit;font-size:10pt;">&#8220;(defined as current assets less current liabilities)&#8221; </font><font style="font-family:inherit;font-size:10pt;">increased by </font><font style="font-family:inherit;font-size:10pt;">$776.7 million</font><font style="font-family:inherit;font-size:10pt;">, to </font><font style="font-family:inherit;font-size:10pt;">$840.0 million</font><font style="font-family:inherit;font-size:10pt;"> as of March 31, 2020, compared to </font><font style="font-family:inherit;font-size:10pt;">$63.4 million</font><font style="font-family:inherit;font-size:10pt;"> as of December&#160;31, 2019, primarily due to the classification of all applicable long term debt as current liabilities at March 31, 2020. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's current forecast indicates it will continue to incur net losses and generate negative cash flows from operating activities as a result of the Company's indebtedness, significant related interest expense and significant decline in customer demand due to COVID-19, which negatively impacts the Company&#8217;s business and results of operations. The Company was in compliance with all lender covenants for the period ended March 31, 2020. However, in anticipation of failing the Maximum First Lien Leverage covenant, the Company sought and was granted a waiver over such covenant on April 15, 2020 in connection with the Tenth Amendment to the 2017 Credit Agreement (the &#8220;Tenth Amendment to 2017 Credit Agreement&#8221;), while the lenders added an additional covenant at that time, namely the Minimum Liquidity covenant. Moreover, based on current projections, management believes it is probable that the Company will not comply with the Minimum Liquidity covenant and the Maximum First Lien Leverage covenant in the 2017 Credit Agreement during the remainder of the fiscal year. Due to these factors and the cross-default provisions contained in our other debt, which would be triggered upon acceleration of debt under the 2017 Credit Agreement, effective as of the March 31, 2020 balance sheet, the Company classified all applicable long-term debt as current. This treatment follows the guidance of ASC 470-10-45 applicable to the classification of second lien debt and convertible notes when the obligation includes a subjective acceleration clause. The Company&#8217;s management determined that the likelihood of subjective acceleration is probable in the Company&#8217;s Securities Purchase Agreement governing the Second Lien Notes and Convertible Notes which allows the creditors to accelerate the scheduled maturities of the obligations under conditions that are not objectively determinable.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Additionally, the Company&#8217;s projected failure to comply with certain covenants in the 2017 Credit Agreement and the Securities Purchase Agreement governing our Second Lien Notes, which include covenants in the 2017 Credit Agreement requiring us to (i) satisfy the Maximum First Lien Leverage ratio, which ratio was waived for the fiscal quarter ended March 31, 2020 and (ii) maintain Minimum Liquidity, could result in an event of default on our debt. The Securities Purchase Agreement and the terms of the Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;">2.75%</font><font style="font-family:inherit;font-size:10pt;"> Convertible Notes due 2035 (the &#8220;Convertible Notes&#8221;) do not include covenants related to maintenance of Maximum First Lien Leverage or Minimum Liquidity; however, both the Securities Purchase Agreement and terms of the Convertible Notes contain cross-default provisions based on an acceleration of material indebtedness (including indebtedness under the 2017 Credit Agreement) and certain payment defaults under material indebtedness. As discussed above, on April 15, 2020, the Company entered into the Tenth Amendment to the 2017 Credit Agreement and obtained, among other amendments and waivers, a waiver to our Maximum First Lien Leverage covenant for the quarter ended March 31, 2020 and the addition of a Minimum Liquidity covenant. This Minimum Liquidity covenant imposes substantial limits on our ability to make investments in our business. In addition, we may be limited in our ability to pay all of our required debt and interest payments on our indebtedness and our other operating expenses while remaining in compliance with this Minimum Liquidity covenant.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If the Company is unable to comply with the covenants contained in its debt agreement or obtain a waiver or an amendment from its lenders, or take other remedial measures, the Company will be in default under the credit facilities, which would enable the lenders thereunder to accelerate the repayment of amounts outstanding and exercise remedies with respect to the collateral. If the Company&#8217;s lenders under our credit facilities demand immediate payment, we will not have sufficient cash to repay such indebtedness. In addition, as discussed above, certain payment defaults under our credit facilities or the lenders accelerating their claims thereunder would trigger cross-default provisions in our other indebtedness and certain other operating agreements.&#160; Furthermore, failure to meet our borrowing conditions under our Revolving Credit Facility could materially and adversely impact our liquidity. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s management has plans in-place, and is working with outside advisors, to address the substantial doubt about the Company&#8217;s ability to continue as a going concern. Mitigating actions implemented in the first quarter include temporary salary reductions for all employees, including executive offices and the Company&#8217;s Board of Directors, negotiations with both customers and vendors to revise existing contracts to current activity levels and executing substantial reductions in capital expenditures and overall costs. Mitigating actions that continue to be implemented include:</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:24px;text-align:left;text-indent:0px;"><font style="text-align:left;font-family:inherit;font-size:10pt;padding-right:24px;">&#8226;</font><font style="font-family:inherit;font-size:10pt;">Restructure debt covenants with lenders, including deferral of amortization and interest payments;</font></div><div style="line-height:120%;padding-left:24px;text-align:left;text-indent:0px;"><font style="text-align:left;font-family:inherit;font-size:10pt;padding-right:24px;">&#8226;</font><font style="font-family:inherit;font-size:10pt;">Continue reduction of overall workforce to match revenue streams; </font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferral of annual merit increases; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Relocation of worldwide operating facilities to reduce ongoing costs; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Renegotiation of satellite lease terms, bandwidth terminations and payment deferrals; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Negotiation of studio rate reductions and airline relief packages; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursue complete restructuring of our capital-and-cost structure;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accelerate Wireless Maritime Services, LLC (&#8220;WMS&#8221;) dividend payments; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Continue to pursue the disposition of the Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;">49%</font><font style="font-family:inherit;font-size:10pt;"> interest in WMS.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, the Company&#8217;s management is pursuing actions to maximize cash available to meet the Company&#8217;s obligations as they become due in the ordinary course of business, including (i) executing additional substantial reductions in&#160;expenses, capital expenditures and overall costs; (ii) applying for all eligible global government and other initiatives available to businesses or employees impacted by the COVID-19 pandemic, primarily through payroll and wage subsidies and deferrals; (iii) submitting applications for U.S. Treasury Loans through the Coronavirus Aid, Relief, and Economic Security (&#8220;CARES&#8221;) Act. There is no assurance that our applications will be approved or that any sources of financings under the CARES Act will be available to us on favorable terms or at all; and (iv) accessing alternative sources of capital, in order to generate additional liquidity. These actions are intended to mitigate those conditions which raise substantial doubt of the Company&#8217;s ability to continue as a going concern. While the Company continues to work toward completing these items and taking other actions to create additional liquidity and comply with the payment and other covenants set forth in its debt agreements, there is no assurance that the Company will be able to do so. The Company&#8217;s ability to meet its obligations as they become due in the ordinary course of business for the next 12 months will depend on its ability to achieve improved results, its ability to generate and conserve cash, its ability to obtain necessary waivers from lenders and other equity stakeholders to achieve sufficient cash interest savings therefrom and its ability to complete other liquidity-generating transactions. Based on the uncertainty of achieving these actions the Company&#8217;s management has determined that the substantial doubt about the Company&#8217;s ability to continue as a going concern within one year from the issuance date of this Quarterly Report on Form 10-Q has not been alleviated. The unaudited condensed consolidated financial statements do not include any adjustments that may result from the possible inability of the Company to continue as a going concern for at least the next 12 months from the issuance of these financial statements. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We have engaged financial and legal advisors to assist us in, among other things, analyzing various strategic alternatives to address our liquidity and capital structure, including strategic and refinancing alternatives to restructure our indebtedness in private transactions. If the negative impact from COVID-19 continues, if the Company is unable to successfully complete the actions described in the paragraph above or otherwise generate incremental liquidity, or if there is not otherwise a material improvement in our business, results of operations and liquidity, we may be forced to further reduce or delay our business activities and capital expenditures, sell material assets, seek additional capital or be required to file for bankruptcy court protection. . Due to our current financial constraints, there is a substantial risk that it may be necessary for us to seek protection under Chapter 11 of the United States Bankruptcy Code. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Additionally, the 2017 Credit Agreement includes a requirement that we receive an opinion from our auditors in connection with our year-end audit that is not subject to a &#8220;going concern&#8221; or like qualification or exception. In addition to the waiver discussed above, the Tenth Amendment to the 2017 Credit Agreement also provided a waiver related to obtaining a &#8220;going concern&#8221; or like qualification or exception in the report of the Company&#8217;s independent registered public accounting firm for the Company&#8217;s year-end December 31, 2019 financial statements. We cannot be assured that we will be able to obtain additional covenant waivers or amendments in the future which may have a material adverse effect on the Company&#8217;s results of operations or liquidity.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company accounts for a contract with a customer when an approved contract exists, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and the collectability of substantially all of the consideration is probable. Revenue is recognized as the Company satisfies performance obligations by transferring a promised good or service to a customer (see further discussion in </font><font style="font-family:inherit;font-size:10pt;color:#0000ff;text-decoration:underline;">Note 3. Revenue Recognition</font><font style="font-family:inherit;font-size:10pt;">).</font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred revenue consists substantially of amounts received from customers in advance of the Company&#8217;s performance service period and of fees deferred for future support services. Deferred revenue is recognized as revenue on a systematic basis that is proportionate to the period that the underlying services are rendered, which in a majority of arrangements is straight line over the remaining contractual term.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s management constrains the estimates to reduce the probability of a significant revenue reversal in future periods, allocates variable consideration to the identified performance obligations and recognizes revenue in the period the services are provided. Estimates are based on historical experience, anticipated future performance, market conditions and the best judgment at the time. For the three months ended March&#160;31, 2020, the Company&#8217;s estimates included management&#8217;s assumptions for the impact of&#160;COVID-19,&#160;which includes significant decline in flight levels. A significant change in one or more of these estimates could affect the estimated contract value. For example, estimates of variable revenue within certain contracts require estimation of the number of sessions or megabytes that will be purchased over the contract term and the average revenue per connectivity session, which varies based on the connectivity options available to passengers on each airline. Estimated revenue under these contracts anticipates increases in take rates over time and assumes an average revenue per session consistent with our historical experience. The estimated contract revenue may differ significantly from the initial estimates to the extent actual take rates and average revenue per session differ from the Company&#8217;s historical experience.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Valuation of Goodwill and Intangible Assets</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company performs valuations of assets acquired and liabilities assumed on each acquisition accounted for as a business combination and allocates the purchase price of each acquired business to its respective net tangible and intangible assets and liabilities. Acquired intangible assets principally consist of technology, customer relationships, backlog and trademarks. Liabilities related to intangibles principally consist of unfavorable vendor contracts. The Company determines the appropriate useful life by performing an analysis of expected cash flows based on projected financial information of the acquired businesses. Intangible assets are amortized over their estimated useful lives using the straight-line method, which approximates the pattern in which the majority of the economic benefits are expected to be consumed. Intangible liabilities are amortized into cost of sales ratably over their expected related revenue streams over their useful lives.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goodwill represents the excess of the cost of an acquired entity over the fair value of the acquired net assets. The Company does not amortize goodwill but evaluates it for impairment at the reporting unit level annually during the fourth quarter of each fiscal year (as of December 31 of that quarter) or when an event occurs or circumstances change that indicates the carrying value may not be recoverable. An impairment loss will be recognized for the amount by which the reporting unit&#8217;s carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill in that reporting unit.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the quarter ended&#160;March&#160;31, 2020, the Company identified a triggering event due to a significant decline in the market capitalization of the Company and results of operations as result of the uncertainty related to the COVID-19 pandemic. Accordingly, the Company assessed the fair value of its three reporting units as of&#160;March&#160;31, 2020&#160;and recorded a goodwill impairment charge of&#160;</font><font style="font-family:inherit;font-size:10pt;">$22.1 million</font><font style="font-family:inherit;font-size:10pt;"> related to its Maritime &amp; Land Connectivity reporting unit. This impairment was primarily due to first quarter results resulting in a revised forecast for the reporting unit,&#160;due primarily to impacts of COVID-19 outbreak on our cruise and yacht channels, coupled with the loss of a Brazilian government customer and&#160;continuation of exiting the mobile network operation channel. Given these indicators, the Company then determined that there was a higher degree of uncertainty in achieving its financial projections for this unit and as such, performed a full revision of its forecasted cash flows to consider the impacts of COVID-19 (as further discussed below) and increased its discount rate, which reduced the fair value of the reporting unit.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">To determine the fair value of our reporting units and test for impairment, we utilized an income approach (discounted cash flow method), as we believe this is the most direct approach to incorporate the specific economic attributes and risk profiles of our reporting units into our valuation model. Historically we have used the market approach, however, due to the uncertainty related to COVID-19, management did not use this method in the current quarter analysis. However, to the extent market indicators of fair value become available, we consider such market indicators as well as market participant assumptions in our discounted cash flow analysis and determination of fair value. The discounted cash flow methodology is based, to a large extent, on assumptions about future events, which may or may not occur as anticipated, and such deviations could have a significant impact on the calculated estimated fair values of our reporting units. These assumptions included the use of significant unobservable inputs, representative of a Level 3 fair value measurement, and included, but were not limited to, estimates of discount rates, future growth rates and terminal values for each reporting unit.</font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The discounted cash flow analysis for each of our reporting units included forecasted cash flows over a four-year forecast period (2020 through 2023), with our 2020 management budget used as the basis for our projections. These forecasted cash flows took into consideration historical and recent results, and near-term prospects and management&#8217;s outlook for the future. A terminal value was also calculated using a terminal value growth assumption to derive the annual cash flows after the discrete forecast period. A reporting unit specific discount rate was applied to the forecasted cash flows and terminal cash flows to determine the discounted future cash flows, or fair value, of each reporting unit. Our assessment took into consideration the changes in the projections discussed above and reflected the increased market risk surrounding the execution of those projections and adjusted our cost of capital assumptions to be in-line with recent market indicators for our company and industry. These increases in cost of capital and risk premium assumptions resulted in a significant increase in our discount rates utilized for purposes of determining our discounted cash flows and reduced the estimated fair values of our reporting units.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Investments in Equity Affiliates</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Wireless Maritime Services, LLC (&#8220;WMS&#8221;)</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the EMC Acquisition, the Company acquired a </font><font style="font-family:inherit;font-size:10pt;">49%</font><font style="font-family:inherit;font-size:10pt;"> equity interest in WMS, which interest EMC owned at the time of the EMC Acquisition. The remaining </font><font style="font-family:inherit;font-size:10pt;">51%</font><font style="font-family:inherit;font-size:10pt;"> equity interest in WMS is owned by an unaffiliated U.S. company (the &#8220;WMS third-party investor&#8221;), which is the managing member of WMS and is responsible for its day-to-day management and operations. Certain matters, including determination of capital contributions and distributions and business plan revisions, require approval of WMS&#8217;s board of directors, which consists of </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;"> voting members, </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> of which are appointed by the WMS third-party investor and </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> of which are appointed by the Company. Profits and losses for any fiscal year are allocated between the Company and the WMS third-party investor in proportion to their respective ownership interests, after giving effect to any special allocations made pursuant to the WMS operating agreement. EMC&#8217;s carrying value of the investment in WMS was adjusted to fair value as a result of the EMC Acquisition. The excess of the fair value over the underlying equity in net assets of WMS is primarily comprised of amortizable intangible assets and nonamortizable goodwill. The Company&#8217;s carrying value in its investment in WMS was subsequently adjusted for contributions, distributions. net income (loss) attributable to WMS, the amortization of the cost basis difference associated with the amortizable intangible assets, and impairment. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Santander Teleport S.L. (&#8220;Santander&#8221;)</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Also in connection with the EMC Acquisition, the Company acquired an equity interest in a teleport in Santander, Spain, which provides various telecommunication services, including teleport and terrestrial services (EMC owned this interest at the time of the EMC Acquisition). The Company is a significant customer of, and holds a </font><font style="font-family:inherit;font-size:10pt;">49%</font><font style="font-family:inherit;font-size:10pt;"> equity interest in Santander, and the remaining </font><font style="font-family:inherit;font-size:10pt;">51%</font><font style="font-family:inherit;font-size:10pt;"> is held by an unaffiliated Spanish company (the &#8220;Santander third-party investor&#8221;). The Santander third-party investor is responsible for the day-to-day management and operations of Santander. Some matters&#8212;such as the determination of capital contributions, capital expenditures over budget and distributions&#8212;require approval of Santander&#8217;s board of directors, which consists of </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;"> voting members, </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> of which are appointed by the Santander third-party investor and </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> of which are appointed by the Company. Profits and losses for any fiscal year are allocated between the Company and the Santander third-party investor in proportion to their respective ownership interests. The carrying value of the Company&#8217;s investment in Santander approximated its fair value on the date the Company acquired EMC and was subsequently adjusted for contributions, distributions, and net income (loss) attributable to Santander, and impairment. As a result of decreased demand due to COVID-19 and seeking additional cost savings initiatives, the Company is evaluating its ongoing participation in the equity method investment from an operating and ownership perspective. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Impairment of Equity Method Investments</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">To determine the fair value of our equity method investments and test for impairment, we utilized an income approach (discounted cash flow method), as we believe this is the most direct approach to incorporate the specific economic attributes and risk profiles of our businesses into our valuation model. We generally do not utilize a market approach given the lack of relevant information generated by market transactions involving comparable businesses. However, to the extent market indicators of fair value become available, we consider such market indicators as well as market participant assumptions in our discounted cash flow analysis and determination of fair value. The discounted cash flow methodology is based, to a large extent, on assumptions about future events, which may or may not occur as anticipated, and such deviations could have a significant impact on the calculated estimated fair values of our equity method investments. These assumptions included the use of significant unobservable inputs, representative of a Level 3 fair value measurement, and included, but were not limited to, estimates of discount rates, future growth rates and terminal values for each equity method investment.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the first quarter of 2020, in accordance with ASC 323,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#160;Investments-Equity Method and Joint Ventures</font><font style="font-family:inherit;font-size:10pt;">, the Company&#8217;s management completed an assessment of the recoverability of the equity method investments. They determined the carrying value of the interests in the WMS and Santander joint ventures exceeded their estimated fair value of the Company&#8217;s interests, which management concluded was other than temporary. The Company recorded an impairment charge of&#160;</font><font style="font-family:inherit;font-size:10pt;">$10.1 million</font><font style="font-family:inherit;font-size:10pt;">&#160;and </font><font style="font-family:inherit;font-size:10pt;">$3.0 million</font><font style="font-family:inherit;font-size:10pt;"> relating to its WMS and Santander equity investments, respectively. This WMS impairment was primarily the result of lower than expected financial results for the quarter ended March 31, 2020 due to the uncertainty related to the impacts of the COVID-19 pandemic on the cruise industry. This resulted in a decline in operating performance which is not expected to be recovered in the foreseeable future, causing Company&#8217;s management to reduce the financial projections for the WMS business for the remainder of 2020 and beyond. The Santander impairment was primarily the result of a reduction in forecasted financial results for Santander due to the Company&#8217;s efforts to reduce costs by shifting certain teleport and related network operations support services away from this joint venture to other vendors. This resulted in a reduction in the financial projections for the remainder of 2020 and beyond. The other than temporary impairments recognized are in addition to the MEG Connectivity reporting unit goodwill impairment recognized for the quarter ended March 31, 2020.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The discounted cash flow analysis for each of our equity method investments included forecasted cash flows over a long-term forecast period (2020 through 2030). These forecasted cash flows took into consideration historical and recent results, a lack of sustained earnings, a deterioration of market conditions, primarily as a result of COVID-19, and management's prospective outlook. A terminal value was calculated using a terminal value growth assumption to derive the annual cash flows after the discrete forecast period. A specific discount rate was applied to the forecasted cash flows and terminal cash flows to determine the discounted future cash flows, or fair value, of each equity method investment. Our assessment took into consideration probability weighted scenarios using the above assumptions. We utilized an independent analysis to assist in our determination of fair value of our equity method investments. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Short-Term Investments</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2020, the Company purchased commercial paper with nominal value of </font><font style="font-family:inherit;font-size:10pt;">$30.0 million</font><font style="font-family:inherit;font-size:10pt;"> for an initial investment of </font><font style="font-family:inherit;font-size:10pt;">$29.9 million</font><font style="font-family:inherit;font-size:10pt;"> with maturities ranging from </font><font style="font-family:inherit;font-size:10pt;">29</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">71</font><font style="font-family:inherit;font-size:10pt;"> days. Due to their short-term maturity, these investments were classified as cash and cash equivalents. At March 31, 2020, the amortized cost of the investment was </font><font style="font-family:inherit;font-size:10pt;">$29.9 million</font><font style="font-family:inherit;font-size:10pt;">. There were no credit losses on the investment as of March 31, 2020.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Income Taxes</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred income tax assets and liabilities are recognized for temporary differences between the financial statement carrying amounts of assets and liabilities and the amounts that are reported in the income tax returns. Deferred taxes are evaluated for realization on a jurisdictional basis. The Company records valuation allowances to reduce deferred tax assets to the amount that is more likely than not to be realized. In making this assessment, management analyzes future taxable income, reversing temporary differences and ongoing tax planning strategies. Should a change in circumstances lead to a change in judgment about the realizability of deferred tax assets in future years, the Company will adjust related valuation allowances in the period that the change in circumstances occurs, along with a corresponding increase or charge to income.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained upon examination by the taxing authorities based on the technical merits of the Company&#8217;s position. The tax benefit recognized in the financial statements for a particular tax position is based on the largest benefit that is more likely than not to be realized. The amount of unrecognized tax benefits (UTBs) is adjusted as appropriate for changes in facts and circumstances, such as significant amendments to existing tax laws, new regulations or interpretations by the taxing authorities, new information obtained during a tax examination, or resolution of an examination. The Company recognizes both accrued interest and penalties associated with uncertain tax positions as a component of Income tax (benefit) expense in the Condensed Consolidated Statements of Operations.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Adoption of New Accounting Pronouncements</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2020, we adopted ASU 2016-13, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</font><font style="font-family:inherit;font-size:10pt;">, which requires the measurement and recognition of expected credit losses for financial assets held at amortized cost.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The cumulative effect adjustment from using the modified retrospective approach for the adoption of ASC 326 impacted our unaudited condensed consolidated balance sheet as of January 1, 2020 by the recognition of allowance for credit losses as summarized below:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:47%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Balances at December 31, 2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Impact of ASC 326</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Balances Following Adoption of ASC 326</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Assets</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">88,219</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(503</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">87,716</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other current assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,839</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(111</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,728</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other non-current assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27,509</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(673</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,836</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equity</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated deficit</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,162,901</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,287</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,164,188</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refer to </font><a style="font-family:inherit;font-size:10pt;" href="#s7444e31c50a44141b44194ee2686fdea"><font style="font-family:inherit;font-size:10pt;">Note 8. Credit Loss Reserve and Allowances </font></a><font style="font-family:inherit;font-size:10pt;">for further details.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In November 2019, the FASB issued ASU No. 2019-8, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation - Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Codification Improvements - Share-Based Consideration Payable to a Customer</font><font style="font-family:inherit;font-size:10pt;">, which expedites the improvement process of the amendments and increase stakeholder awareness in ASU 2018-07, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation - Stock Compensation (Topic 718); Improvements to Nonemployee Share-Based Payment Accounting.</font><font style="font-family:inherit;font-size:10pt;"> The Company adopted ASU No. 2019-18 beginning January 1, 2020. The adoption of this standard did not have a material impact on its unaudited condensed consolidated financial statements. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2019, the FASB issued ASU No. 2019-01, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842): Codification Improvements</font><font style="font-family:inherit;font-size:10pt;">, to provide clarifications on ASC 842 and to correct unintended application of the guidance. The amendments in this update include the following items brought to FASB&#8217;s attention through those interactions with stakeholders: (i) determining the fair value of the underlying asset by lessors that are not manufacturers or dealers; (ii) presentation on the statement of cash flows&#8212;sales-type and direct financing leases; and (iii) transition disclosures related to Topic 250, Accounting Changes and Error Corrections. The Company adopted ASU No. 2019-01 beginning January 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued ASU 2018-13, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement</font><font style="font-family:inherit;font-size:10pt;">, which modifies the disclosure requirements on fair value measurements by removing, modifying, or adding certain disclosures for fair value measurements. The Company adopted ASU No. 2018-13 beginning January 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Pronouncements</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#212529;">In March 2020, the FASB issued ASU 2020-04,&#160;</font><font style="font-family:inherit;font-size:10pt;color:#212529;font-style:italic;">Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting</font><font style="font-family:inherit;font-size:10pt;color:#212529;">. The purpose of ASU 2020-04 is to provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. More specifically, the amendments in ASU 2020-04 provide optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met.&#160;The amendments in ASU 2020-04 are effective as of March 12, 2020 through December 31, 2022. </font><font style="font-family:inherit;font-size:10pt;">This guidance was effective upon issuance, as a result the Company adopted the guidance in the first quarter of fiscal 2020 and there was no financial impact on the Condensed Consolidated Financial Statements upon adoption.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2020, the FASB issued ASU 2020-01, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Investments-Equity Securities (Topic 321), Investments-Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) - Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 (a consensus of the Emerging Issues Task Force)</font><font style="font-family:inherit;font-size:10pt;">. The new guidance clarifies the application of measurement alternatives and the accounting for certain forward contracts and purchased options to acquire investments. The ASU is effective for the Company beginning December 15, 2020, with early adoption permitted. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In December 2019, the FASB issued ASU No. 2019-12, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes</font><font style="font-family:inherit;font-size:10pt;">, which identifies, evaluates and improves areas of GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The ASU is effective for the Company beginning January 1, 2021, with early adoption permitted. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the significant changes in the contract assets balances during the period ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:62%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Contract Assets</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Costs to Obtain</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Costs to Fulfill</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of December 31, 2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">387</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,256</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,643</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Capitalization during the period</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">226</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">276</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization during the period</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(29</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(104</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(133</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of March 31, 2020</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">408</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,378</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,786</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Commitments and Contingencies</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Movie License and Internet Protocol Television (&#8220;IPTV&#8221;) Commitments</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the ordinary course of business, we have long-term commitments, such as license fees and guaranteed minimum payments owed to content providers. In addition, we have long-term arrangements with service and television providers to license and provide content and IPTV services that are subject to future guaranteed minimum payments from us to the licensor.</font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a schedule of future minimum commitments under movie and IPTV arrangements as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:87%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Years Ending December 31,</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Amount</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020 (remaining nine months)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,562</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,588</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,466</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,616</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Satellite Bandwidth Capacity</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company maintains agreements with satellite service providers to provide for satellite capacity. Except when an arrangement is assessed to meet the definition of a finance lease in accordance with ASC 842, in which case the expensing pattern is front-loaded, the Company expenses these satellite fees in the month the service is provided as a charge to licensing and services cost of sales.</font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is a schedule of future minimum satellite costs, across all connectivity end-markets and including the satellite bandwidth arrangement assessed as a finance lease, as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:87%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Years Ending December 31,</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Amount</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020 (remaining nine months)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">65,874</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,903</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34,527</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,032</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2024</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,032</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58,355</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Future Payments</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">274,723</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Other Commitments</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the normal course of business, we enter into future purchase commitments with some of our connectivity vendors to secure future inventory for our customers and engineering and antenna project developments. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, we also had outstanding letters of credit in the amount of </font><font style="font-family:inherit;font-size:10pt;">$4.4 million</font><font style="font-family:inherit;font-size:10pt;">, of which </font><font style="font-family:inherit;font-size:10pt;">$4.4 million</font><font style="font-family:inherit;font-size:10pt;"> was issued under the letter of credit facility under the 2017 Credit Agreement. </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Contingencies</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We are subject to various legal proceedings and claims that have arisen in the ordinary course of business and that have not been fully and finally adjudicated. We record accruals for loss contingencies when our management concludes it is probable that a liability has been incurred and the amount of the related loss can be reasonably estimated. On a regular basis, our management evaluates developments in legal proceedings and other matters that could cause an increase or decrease in the amount of the liability that has been accrued previously. While it is not possible to accurately predict or determine the eventual outcomes of these matters, an adverse determination in one or more of these matters could have a material adverse effect on our condensed consolidated financial position, results of operations or cash flows. Some of our legal proceedings as well as other matters that our management believes could become significant are discussed below:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Music Infringement and Related Claims</font><font style="font-family:inherit;font-size:10pt;">. On May 6, 2014, UMG Recordings, Inc., Capitol Records, Universal Music Corp. and entities affiliated with the foregoing (collectively, &#8220;UMG&#8221;) filed suit in the United States District Court for the Central District of California against us and Inflight Productions Ltd. (&#8220;IFP&#8221;), our indirect subsidiary, for copyright infringement and related claims and unspecified money damages. In August 2016, we entered into settlement agreements with major record labels and publishers, including UMG, to settle music copyright infringement and related claims (the &#8220;Sound Recording Settlements&#8221;). As a result of the Sound Recording Settlements, we paid approximately </font><font style="font-family:inherit;font-size:10pt;">$18.0 million</font><font style="font-family:inherit;font-size:10pt;"> in cash and issued approximately </font><font style="font-family:inherit;font-size:10pt;">72,000</font><font style="font-family:inherit;font-size:10pt;"> shares of our common stock to settle lawsuits and other claims. Under the settlement agreement with UMG, we paid UMG an additional </font><font style="font-family:inherit;font-size:10pt;">$5.0 million</font><font style="font-family:inherit;font-size:10pt;"> in cash in March 2017 and agreed to issue </font><font style="font-family:inherit;font-size:10pt;">20,000</font><font style="font-family:inherit;font-size:10pt;"> additional shares of our common stock when and if our closing price of our common stock exceeds </font><font style="font-family:inherit;font-size:10pt;">$250.00</font><font style="font-family:inherit;font-size:10pt;"> per share and </font><font style="font-family:inherit;font-size:10pt;">16,000</font><font style="font-family:inherit;font-size:10pt;"> additional shares of our common stock when and if the closing price of our common stock exceeds </font><font style="font-family:inherit;font-size:10pt;">$300.00</font><font style="font-family:inherit;font-size:10pt;"> per share.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In 2016, we received notices from several other music rights holders and associations acting on their behalf regarding potential claims that we infringed their music rights and the rights of artists that they represent. To date, none of these rights holders or associations has initiated litigation against us, except for BMG Rights Management (US) LLC (&#8220;BMG&#8221;) as described in the following paragraph. Other than in respect of the BMG litigation (the loss probability and liability estimate of which we discuss in the following paragraph), we believe that a loss relating to these matters is probable, but we believe that it is unlikely to be material and therefore have accrued an immaterial amount for these loss contingencies. If initiated however, we intend to vigorously defend ourselves against these claims.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 3, 2018, BMG filed suit in the United States District Court for the Central District of California against us and IFP for copyright infringement and related claims and unspecified money damages. On December 3, 2019, the case was dismissed with prejudice pursuant to a settlement agreement with BMG for an aggregate payment of </font><font style="font-family:inherit;font-size:10pt;">$5.5 million</font><font style="font-family:inherit;font-size:10pt;">, to be paid over time, as follows: </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> within 14 days of the execution of the settlement agreement; </font><font style="font-family:inherit;font-size:10pt;">$1.5 million</font><font style="font-family:inherit;font-size:10pt;"> on or before each of December 31, 2019, June 30, 2020, and June 30, 2021; and </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> on or before June 30, 2022. We have booked an accrual for this legal settlement in the amount of </font><font style="font-family:inherit;font-size:10pt;">$3.5 million</font><font style="font-family:inherit;font-size:10pt;"> as of December 31, 2019.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">SwiftAir Litigation</font><font style="font-family:inherit;font-size:10pt;">. On August 14, 2014, SwiftAir, LLC filed suit against our wholly owned subsidiary Row 44 and Southwest Airlines for breach of contract,&#160; quantum meruit , unjust enrichment and several other contract- and tort/statutory-based claims in the Superior Court of California for the County of Los Angeles. SwiftAir and Row 44 had a contractual relationship whereby Row 44 agreed to give SwiftAir access to Row 44&#8217;s portal on Southwest Airlines so that SwiftAir could market a destination deal product to Southwest Airlines&#8217; passengers. In 2013, after Southwest Airlines decided not to proceed further with the destination deal product, Row 44 terminated its contract with SwiftAir. In its lawsuit, SwiftAir sought approximately </font><font style="font-family:inherit;font-size:10pt;">$9.0 million</font><font style="font-family:inherit;font-size:10pt;"> in monetary damages (plus punitive and other extra-contractual damages) from Row 44 and Southwest Airlines. In 2017, the court granted Row 44&#8217;s motion for summary judgment as to SwiftAir&#8217;s tort/statutory-based claims. In January 2018, the court granted Row 44&#8217;s motions&#160;in limine&#160; that limited SwiftAir&#8217;s contract damages claims against Row 44 to nominal damages. Southwest Airlines however remained exposed to all of SwiftAir&#8217;s compensatory damages claims.&#160; On September 9, 2019, following a three-week trial, the jury returned a full defense verdict in favor of Row 44 and Southwest Airlines. On October 1, 2019, the Court entered judgment against SwiftAir; notice of entry of judgment was given on October 10, 2019. On October 15, 2019, Row 44 filed its memorandum of costs and it intends to file a motion for attorneys&#8217; fees and non-statutory costs and expenses. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On October 25 and 28, 2019, SwiftAir filed motions for a new trial and judgment notwithstanding the verdict, respectively, which were set for hearing on December 6, 2019. Row 44 filed a motion for attorneys&#8217; fees and costs, which was also set for hearing on December 6, 2019. At that December 6, 2019 hearing, the trial court denied SwiftAir&#8217;s motions and took Row 44&#8217;s motion for attorneys&#8217; fees and costs under submission. On March 2, 2020, the trial court granted Row 44&#8217;s motion in the amount of </font><font style="font-family:inherit;font-size:10pt;">$2.2 million</font><font style="font-family:inherit;font-size:10pt;"> for fees and </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> for costs. SwiftAir filed a Notice of Appeal as to both Row 44 and Southwest Airlines; its opening brief on appeal will be due between 40 days after the Reporter&#8217;s Transcript is complete. Separately, Southwest Airlines has sought indemnification from Row 44 in connection with its defense of SwiftAir&#8217;s claim (and for any loss that it may face). Row 44 provided partial indemnity until the trial court granted its motion for summary adjudication on certain issues in June 2017, at which time it ceased paying for any of Southwest&#8217;s attorneys&#8217; fees. We intend to vigorously defend against any claims in this matter. We do not believe that a material loss relating to this matter is probable, and due to the speculative nature of SwiftAir&#8217;s potential post-trial motions and appeal (and its damages claims), we are currently unable to estimate the amount of any potential loss; as such, we have not accrued any amount for this loss contingency.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, from time to time, we are or may be party to various additional legal matters incidental to the conduct of our business. Some of the outstanding legal matters include speculative claims for indeterminate amounts of damages, for which we have not recorded any contingency accrual. Additionally, we have determined that other legal matters are likely not material to our financial statements, and as such have not discussed those matters above. Although we cannot predict with certainty the ultimate resolution of these speculative and immaterial matters, based on our current knowledge, we do not believe that the outcome of any of these matters will have a material adverse effect on our financial statements.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentrations</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject us to a concentration of credit risk consist of cash and cash equivalents and accounts receivable.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, we maintained our cash and cash equivalents primarily with&#160;major U.S. financial institutions and&#160;foreign banks. Deposits with these institutions at times exceeded the federally insured limits, which potentially subjects us to concentration of credit risk. We have not historically experienced any losses related to these balances and believe that there is minimal risk of any such losses. </font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, approximately </font><font style="font-family:inherit;font-size:10pt;">$4.8 million</font><font style="font-family:inherit;font-size:10pt;"> of our total cash and cash equivalents of </font><font style="font-family:inherit;font-size:10pt;">$54.2 million</font><font style="font-family:inherit;font-size:10pt;"> was held by our foreign subsidiaries. If we repatriate these funds for use in our U.S. operations, we may be required to pay income taxes in the U.S. on the repatriated amount at the tax rates then in effect, reducing the net cash proceeds to us after repatriation. In the event we elect to repatriate any of these funds, we believe we have sufficient net operating losses for the foreseeable future to offset any repatriated income. As a result, we do not expect that any such repatriation would create a tax liability in the U.S. or have a material impact on our effective tax rate.</font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Customer Concentration</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A substantial portion of our revenue is generated through arrangements with Southwest Airlines, Inc. (&#8220;Southwest Airlines&#8221;). As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, the percentage of revenue generated through this customer was as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="6" rowspan="1"></td></tr><tr><td style="width:69%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Southwest Airlines as a percentage of total revenue</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Southwest Airlines as a percentage of Connectivity revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">No other customer accounted for greater than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of total revenue for the periods presented. Accounts receivable from Southwest Airlines represented </font><font style="font-family:inherit;font-size:10pt;">16%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">17%</font><font style="font-family:inherit;font-size:10pt;"> of the total accounts receivable as of each of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the significant changes in the balance for contract assets during the quarter ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font></div><div style="line-height:120%;text-align:center;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:86%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Contract Assets</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of December 31, 2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,431</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Costs deferred for revenue recognized in excess of billings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,355</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Costs included in the beginning balance recognized</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,187</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,599</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current contract assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,159</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-current contract assets</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,440</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,599</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the significant changes in the balance for contract liabilities, included within &#8220;Other non-current liabilities&#8221; in our unaudited condensed consolidated balance sheet, during the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:87%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Contract Liabilities</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of December 31, 2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,403</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue recognized that was included in the contract liability balance at the beginning of the period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,723</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Increase due to cash received, excluding amounts recognized as revenue during the period</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,941</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,621</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred revenue, current</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,535</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred revenue, non-current</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">86</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,621</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Financing Arrangements</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Covenant Compliance</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Please refer to </font><a style="font-family:inherit;font-size:10pt;" href="#s8B8667E166935E77A1E52B920512B76B"><font style="font-family:inherit;font-size:10pt;">Note 2. Summary of Significant Accounting Policies</font></a><font style="font-family:inherit;font-size:10pt;"> for additional details regarding covenant compliance.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Long-Term Debt</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A summary of our borrowings as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;"> is set forth below (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Senior secured term loan facility, due January 2023</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(+)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">504,680</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">506,037</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Senior secured revolving credit facility, due January 2022</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(+)(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,615</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,315</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Convertible senior notes due 2035</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">82,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">82,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Second Lien Notes, due June 2023</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">188,716</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">178,034</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other debts</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(4)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,937</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23,685</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unamortized bond discounts, fair value adjustments and issue costs, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(58,068</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(60,509</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total carrying value of debt</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">821,380</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">773,062</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: current portion, net</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(804,575</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(15,678</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total non-current</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,805</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">757,384</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(+) </sup></font><font style="font-family:inherit;font-size:8pt;">This facility is a component of the 2017 Credit Agreement.</font></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1) </sup></font><font style="font-family:inherit;font-size:8pt;">As of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, the available balance under our </font><font style="font-family:inherit;font-size:8pt;">$85.0 million</font><font style="font-family:inherit;font-size:8pt;"> Revolving Credit Facility is </font><font style="font-family:inherit;font-size:8pt;">$0.0 million</font><font style="font-family:inherit;font-size:8pt;"> (net of outstanding letters of credit). The 2017 Credit Agreement provides for the issuance of letters of credit in the amount equal to the lesser of </font><font style="font-family:inherit;font-size:8pt;">$15.0 million</font><font style="font-family:inherit;font-size:8pt;"> and the aggregate amount of the then-remaining revolving loan commitment. As of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, we had outstanding letters of credit of </font><font style="font-family:inherit;font-size:8pt;">$4.4 million</font><font style="font-family:inherit;font-size:8pt;"> under the 2017 Credit Agreement. </font></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2) </sup></font><font style="font-family:inherit;font-size:8pt;">The principal amount outstanding of the </font><font style="font-family:inherit;font-size:8pt;">2.75%</font><font style="font-family:inherit;font-size:8pt;"> convertible senior notes due 2035 (the &#8220;Convertible Notes&#8221;) as set forth in the foregoing table was </font><font style="font-family:inherit;font-size:8pt;">$82.5 million</font><font style="font-family:inherit;font-size:8pt;"> as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">. The carrying amount, net of debt issuance costs and associated discount, was </font><font style="font-family:inherit;font-size:8pt;">$71.3 million</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">$71.1 million</font><font style="font-family:inherit;font-size:8pt;"> as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:8pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3)</sup></font><font style="font-family:inherit;font-size:8pt;"> The principal amount outstanding of the second lien notes due June 30, 2023 (the &#8220;Second Lien Notes&#8221;) as set forth in the foregoing table was </font><font style="font-family:inherit;font-size:8pt;">$188.7 million</font><font style="font-family:inherit;font-size:8pt;"> as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">. The value allocated to the attached penny warrants and market warrants for financial reporting purposes was </font><font style="font-family:inherit;font-size:8pt;">$14.9 million</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">$9.3 million</font><font style="font-family:inherit;font-size:8pt;">, respectively. These qualify for classification in stockholders&#8217; equity and are included in the condensed consolidated balance sheets within &#8220;Additional paid-in capital&#8221;. </font></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(4)</sup></font><font style="font-family:inherit;font-size:8pt;"> As of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, Other debts primarily consisted of (i) </font><font style="font-family:inherit;font-size:8pt;">$3.4 million</font><font style="font-family:inherit;font-size:8pt;"> remaining financed amount for transponder purchases, which was payable April 2020, and remains unpaid at filing date; and (ii) </font><font style="font-family:inherit;font-size:8pt;">$18.4 million</font><font style="font-family:inherit;font-size:8pt;"> of finance lease liability relating to an assessed right-of-use over a satellite bandwidth capacity (refer to </font><a style="font-family:inherit;font-size:8pt;" href="#sB2C21384D65D5918A0DA37E83289CD66"><font style="font-family:inherit;font-size:8pt;">Note 4. Leases</font></a><font style="font-family:inherit;font-size:8pt;"> for further details).</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The aggregate contractual maturities of all borrowings, including finance leases, subsequent to March&#160;31, 2020 were as follows (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.41520467836257%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:87%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Years Ending December 31,</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Amount</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020 (remaining nine months)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,633</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,818</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">110,564</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">633,974</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2024</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,236</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">88,223</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">879,448</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassification of Long-Term Debt to Current</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Although the Company entered into the Tenth Amendment to the 2017 Credit Agreement as a result of which it was not required to comply with the Maximum First Lien Leverage covenant for the period ended March 31, 2020, it was in compliance with all covenants under its debt agreements as of March 31, 2020. Based on current projections, management believes it is probable that the Company will not comply with the Minimum Liquidity covenant and the Maximum First Lien Leverage covenant in the 2017 Credit Agreement during the remainder of the fiscal year. Based on the above and the cross-default provisions contained in our other debt, which would be triggered upon acceleration of debt under the 2017 Credit Agreement, at March 31, 2020 the Company classified all applicable long-term debt as current. See </font><a style="font-family:inherit;font-size:10pt;" href="#s8B8667E166935E77A1E52B920512B76B"><font style="font-family:inherit;font-size:10pt;">Note 2. Summary of Significant Accounting Policies</font></a><font style="font-family:inherit;font-size:10pt;"> for further details.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revolving Credit Facility Drawdown</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On February 28, 2020, as a precautionary measure to ensure financial flexibility and maintain maximum liquidity in response to the COVID-19 pandemic,&#160;we further leveraged our balance sheet, and executed a drawdown of the remaining </font><font style="font-family:inherit;font-size:10pt;">$41.8 million</font><font style="font-family:inherit;font-size:10pt;"> under our Revolving Credit Facility (the &#8220;Drawdown&#8221;) with a corresponding increase in our cash on hand. Following the Drawdown, we have no remaining borrowing under the Revolving Credit Facility. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> we had approximately </font><font style="font-family:inherit;font-size:10pt;">$54.2 million</font><font style="font-family:inherit;font-size:10pt;"> of cash and cash equivalents, excluding restricted cash of approximately </font><font style="font-family:inherit;font-size:10pt;">$0.7 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table represents a disaggregation of the Company&#8217;s revenue from contracts with customers for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenue:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Media &amp; Content</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Licensing &amp; Services</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">68,385</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,010</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Media &amp; Content</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">68,385</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,010</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Aviation Services</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,706</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31,241</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Aviation Equipment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,403</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,060</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Maritime &amp; Land Services</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,554</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,227</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Maritime &amp; Land Equipment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,117</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,081</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Connectivity</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">75,780</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">86,609</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total revenue</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">144,165</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">166,619</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Results Per Share</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic loss per share is computed using the weighted-average number of common shares outstanding during the period. Diluted loss per share is computed using the weighted-average number of common shares and the dilutive effect of contingent shares outstanding during the period. Potentially dilutive contingent shares, which consist of stock options, restricted stock units (including performance stock units), liability warrants, warrants issued to third parties and accounted for as equity instruments, convertible senior notes and contingently issuable shares, have been excluded from the diluted loss per share calculation when the effect of including such shares is anti-dilutive. Common stock to be issued upon the exercise of warrant instruments classified as a liability is not included in the calculation of diluted loss per share because the effect of including such shares is anti-dilutive.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table sets forth the computation of basic and diluted net loss per share of common stock. All per share amounts presented below, have been adjusted for the Reverse Stock Split. (in thousands, except per share amounts):</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31, </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss (numerator):</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss &#8211; basic and diluted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(80,925</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(37,609</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares (denominator):</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted-average shares &#8211; basic and diluted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,718</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,673</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(21.77</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10.23</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following weighted average common equivalent shares are excluded from the calculation of the Company&#8217;s net loss per share as their inclusion would have been anti-dilutive (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="6" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Employee stock options</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">203</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">205</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Restricted and performance stock units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">170</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">87</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.75% convertible senior notes due 2035</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">178</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">178</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contingently issuable shares </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Searchlight Penny Warrants </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">723</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">723</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Searchlight Market Warrants </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">520</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">520</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;padding-left:30px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:30px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;">(1) </font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">In connection with the Sound Recording Settlement, we are obligated to issue </font><font style="font-family:inherit;font-size:8pt;">20,000</font><font style="font-family:inherit;font-size:8pt;"> shares of our common stock to UMG when and if the closing price of our common stock exceeds </font><font style="font-family:inherit;font-size:8pt;">$250.00</font><font style="font-family:inherit;font-size:8pt;"> per share, and </font><font style="font-family:inherit;font-size:8pt;">16,000</font><font style="font-family:inherit;font-size:8pt;"> shares of our common stock to UMG when and if the closing price of our common stock exceeds </font><font style="font-family:inherit;font-size:8pt;">$300.00</font><font style="font-family:inherit;font-size:8pt;"> per share.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:30px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">On March 27, 2018, the Company issued </font><font style="font-family:inherit;font-size:8pt;">$150.0 million</font><font style="font-family:inherit;font-size:8pt;"> in aggregate principal amount of its Second Lien Notes to Searchlight, combined with two sets of warrants to acquire the Company&#8217;s common stock. For further details see Note 10. Financing Arrangements to our 2019 Form 10-K.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equity Method Investments </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is the summarized balance sheet information for the Company&#8217;s interests in the WMS and Santander joint ventures. These equity method investments on an aggregated basis as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font></div><div style="line-height:120%;text-align:justify;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:61%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,489</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,588</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-current assets</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,635</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,370</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,623</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,593</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-current liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,866</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,207</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is the summarized results of operations information for these equity method investments on an aggregated basis for the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31,</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:60%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,877</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,088</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,887</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The carrying values of the Company&#8217;s equity interests in WMS and Santander as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;"> were as follows (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:61%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying value in our equity method investments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">64,300</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">78,886</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, there was an aggregate difference of </font><font style="font-family:inherit;font-size:10pt;">$41.4 million</font><font style="font-family:inherit;font-size:10pt;"> between the carrying amounts of these investments and the amounts of underlying equity in net assets in these investments. The difference was determined by applying the acquisition method of accounting in connection with the EMC Acquisition and is being amortized ratably over the life of the related acquired intangible assets. The weighted-average life of the intangible assets at the time of the EMC Acquisition in total was </font><font style="font-family:inherit;font-size:10pt;">14.9</font><font style="font-family:inherit;font-size:10pt;"> years.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is the summarized balance sheet information for the Company&#8217;s interests in the WMS and Santander joint ventures. These equity method investments on an aggregated basis as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font></div><div style="line-height:120%;text-align:justify;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:61%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">45,489</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,588</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-current assets</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,635</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,370</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,623</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,593</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-current liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,866</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,207</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following is the summarized results of operations information for these equity method investments on an aggregated basis for the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31,</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:60%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,877</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,088</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,887</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The carrying values of the Company&#8217;s equity interests in WMS and Santander as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;"> were as follows (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:61%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying value in our equity method investments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">64,300</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">78,886</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fair Value Measurements</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accounting guidance for fair value establishes a framework for measuring fair value and establishes a three-level valuation hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:12px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Level 1</font><font style="font-family:inherit;font-size:10pt;">: Observable quoted prices in active markets for identical assets and liabilities.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:12px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Level 2</font><font style="font-family:inherit;font-size:10pt;">: Observable quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:12px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Level 3</font><font style="font-family:inherit;font-size:10pt;">: Model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models, and similar techniques.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:48px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The assets and liabilities that are fair valued on a recurring basis are described below and contained in the following tables. In addition, on a non-recurring basis, the Company may be required to record other assets and liabilities at fair value. These non-recurring fair value adjustments involve the lower of carrying value or fair value accounting and write-downs resulting from impairment of assets. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Due to the short-term nature, carrying amounts of cash, cash equivalents, restricted cash, accounts receivable and accounts payable approximate fair value.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following tables summarize our financial assets and liabilities measured at fair value on a recurring basis as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">, respectively (dollar values in thousands, other than per-share values):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="18" rowspan="1"></td></tr><tr><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance Sheet Location</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">March&#160;31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Quotes Prices in Active Markets</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Level 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">&#160;Significant Other Observable Inputs</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Level 2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">&#160;Significant Other Unobservable Inputs</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Level 3)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Liabilities:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contingently issuable shares </font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(1)</sup></font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable and accrued liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">98</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">98</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Phantom stock options </font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other non-current liabilities</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">243</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">243</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">341</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">341</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="18" rowspan="1"></td></tr><tr><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance Sheet Location</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">December&#160;31, 2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Quotes Prices in Active Markets</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Level 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">&#160;Significant Other Observable Inputs</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Level 2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">&#160;Significant Other Unobservable Inputs</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Level 3)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Liabilities:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contingently issuable shares </font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(1)</sup></font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable and accrued liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">305</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">305</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Phantom stock options </font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other non-current liabilities</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">464</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">464</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">769</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">769</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;padding-left:24px;text-indent:-24px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(1) In connection with the Sound-Recording Settlements (as described in Note 10. Commitments and Contingencies above), the Company is obligated to issue to UMG (as defined in that Note) </font><font style="font-family:inherit;font-size:8pt;">20,000</font><font style="font-family:inherit;font-size:8pt;"> shares of its common stock when and if the closing price of the Company's common stock exceeds </font><font style="font-family:inherit;font-size:8pt;">$250.00</font><font style="font-family:inherit;font-size:8pt;"> per share and an additional </font><font style="font-family:inherit;font-size:8pt;">16,000</font><font style="font-family:inherit;font-size:8pt;"> shares of common stock when and if the closing price of the Company&#8217;s common stock exceeds </font><font style="font-family:inherit;font-size:8pt;">$300.00</font><font style="font-family:inherit;font-size:8pt;"> per share. Such contingently issuable shares are classified as liabilities and are re-measured to fair value each reporting period.</font></div><div style="line-height:120%;text-align:justify;padding-left:24px;text-indent:-24px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(2) Our cash-settled phantom stock options are accounted for as liability awards and are re-measured at fair value each reporting period with changes flowing through statement of operations. As of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, the aggregate estimated fair value of our cash-settled phantom stock options was </font><font style="font-family:inherit;font-size:8pt;">$0.2 million</font><font style="font-family:inherit;font-size:8pt;">, of which the amortized portion recognized as a liability in our condensed consolidated balance sheet was </font><font style="font-family:inherit;font-size:8pt;">$0.2 million</font><font style="font-family:inherit;font-size:8pt;">. </font></div><div style="line-height:120%;text-align:justify;padding-left:24px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table shows the carrying amounts and the fair values of our long-term debt in the condensed consolidated financial statements at </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">, respectively (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">March&#160;31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">December&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Carrying Amount</font><font style="font-family:inherit;font-size:9pt;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(7)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Fair Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Carrying Amount </font><font style="font-family:inherit;font-size:9pt;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(7)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Senior secured term loan facility, due January 2023 (+)(1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">485,405</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">317,948</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">485,166</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">454,168</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Senior secured revolving credit facility, due January 2022</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">&#160;(+)(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,615</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,615</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,315</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,315</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Convertible senior notes due 2035</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">&#160;(1)(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">71,302</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,775</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">71,126</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,125</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Second Lien Notes, due June 2023</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(4)(5)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">161,121</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23,058</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">149,772</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99,922</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other debt</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">&#160;(6)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,937</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,937</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23,683</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23,685</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">821,380</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">450,333</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">773,062</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">658,215</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:12px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(+) </font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">This facility is a component of the 2017 Credit Agreement.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The estimated fair value is classified as Level 2 financial instrument and was determined based on quoted prices of the instrument in a similar over-the-counter market.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The estimated fair value is considered to approximate carrying value and is classified as Level 3 financial instruments. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The fair value of the </font><font style="font-family:inherit;font-size:8pt;">2.75%</font><font style="font-family:inherit;font-size:8pt;"> Convertible Notes is exclusive of the conversion feature therein, which was originally allocated for reporting purposes at </font><font style="font-family:inherit;font-size:8pt;">$13.0 million</font><font style="font-family:inherit;font-size:8pt;">, and is included in the condensed consolidated balance sheets within &#8220;Additional paid-in capital&#8221;. The principal amount outstanding of the Convertible Notes was </font><font style="font-family:inherit;font-size:8pt;">$82.5 million</font><font style="font-family:inherit;font-size:8pt;"> as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, and the carrying amount in the foregoing table reflects this outstanding principal amount net of debt issuance costs and discount associated with the equity component.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(4)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The principal amount outstanding of the Second Lien Notes, due June 2023 as set forth in the foregoing table was </font><font style="font-family:inherit;font-size:8pt;">$188.7 million</font><font style="font-family:inherit;font-size:8pt;"> as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, and includes </font><font style="font-family:inherit;font-size:8pt;">$38.7 million</font><font style="font-family:inherit;font-size:8pt;"> of payment-in-kind (&#8220;PIK&#8221;) interest converted to principal since debt issuance. The value allocated to the attached penny warrants and market warrants for financial reporting purposes was </font><font style="font-family:inherit;font-size:8pt;">$14.9 million</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">$9.3 million</font><font style="font-family:inherit;font-size:8pt;">, respectively. These qualify for classification in stockholders&#8217; equity and are included in the condensed consolidated balance sheets within &#8220;Additional paid-in capital&#8221; (see </font><a style="font-family:inherit;font-size:8pt;" href="#s9793466DDA8E5914B6918A4752BF306B"><font style="font-family:inherit;font-size:8pt;">Note 10. Financing Arrangements</font></a><font style="font-family:inherit;font-size:8pt;">). </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(5)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The fair value of the Second Lien Notes was determined based on a Black-Derman-Toy interest rate Lattice model. The key inputs of the valuation model contain certain Level 3 inputs. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(6)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The estimated fair value is considered to approximate carrying value given the short-term maturity and is classified as Level 3 financial instruments. For </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, Other debts primarily consisted of (i) </font><font style="font-family:inherit;font-size:8pt;">$3.4 million</font><font style="font-family:inherit;font-size:8pt;"> financing for transponder purchases, which was payable April 2020, and remains unpaid at filing date; and (ii) </font><font style="font-family:inherit;font-size:8pt;">$18.4 million</font><font style="font-family:inherit;font-size:8pt;"> of finance lease liability relating to an assessed right-of-use over a satellite bandwidth capacity (refer to </font><a style="font-family:inherit;font-size:8pt;" href="#sB2C21384D65D5918A0DA37E83289CD66"><font style="font-family:inherit;font-size:8pt;">Note 4. Leases</font></a><font style="font-family:inherit;font-size:8pt;"> for further details).</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(7)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The carrying amounts presented above at </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:8pt;"> are net of </font><font style="font-family:inherit;font-size:8pt;">$58.1 million</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">$60.5 million</font><font style="font-family:inherit;font-size:8pt;"> of unamortized bond discounts and issuance costs, respectively.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Non-financial Assets Measured at Fair Value on a Nonrecurring Basis</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company measures certain non-financial assets at fair value on a nonrecurring basis, primarily goodwill and long-lived tangible, equity method investments and intangible assets, in connection with periodic evaluations for potential impairment. The Company estimates the fair value of these assets using primarily unobservable inputs and, as such, these are considered Level 3 fair value measurements.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the first quarter of 2020, the long-term operating plan for the Maritime &amp; Land Connectivity reporting unit was updated to reflect current expectations for future growth and profitability, which were lower than previous expectations. Due to lowered expectations, the Company tested the Maritime and Land Segment goodwill for impairment three quarters prior to the annual evaluation. Step 1 test results indicated that the estimated fair value of the reporting unit was less than the carrying value. This impairment was primarily due to lower than expected financial results of the reporting unit during the three months ended&#160;March&#160;31, 2020&#160;due primarily to impacts of COVID-19 outbreak on our cruise and yacht channels, coupled with the loss of a Brazilian government customer and&#160; continuation of exiting the mobile network operation channel. Given these indicators, the Company then determined that there was a higher degree of uncertainty in achieving its financial projections for this unit and as such, increased its discount rate, which reduced the fair value of the unit.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In our Step 2 analysis, we used a combination of the expected present value of future cash flows (income approach) and comparable public companies (market approach) to determine the fair value of the reporting unit. The fair value analysis took into account recent and expected operating performance as well as the overall decline in the Maritime industry. Within our Maritime &amp; Land Segment, the Company recognized a goodwill impairment charge of </font><font style="font-family:inherit;font-size:10pt;">$22.1 million</font><font style="font-family:inherit;font-size:10pt;"> in Q1 2020. (see </font><a style="font-family:inherit;font-size:10pt;" href="#s8B8667E166935E77A1E52B920512B76B"><font style="font-family:inherit;font-size:10pt;">Note 2. Summary of Significant Accounting Policies</font></a><font style="font-family:inherit;font-size:10pt;"> for previous discussion about approach to estimating fair value for these level-3 assets).</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company determined the carrying value of the interests in the WMS and Santander Teleport S.L. (&#8220;Santander&#8221;) joint ventures exceeded their estimated fair value of the Company&#8217;s interests, which management concluded was other than temporary. The Company recorded an impairment charge of&#160;</font><font style="font-family:inherit;font-size:10pt;">$10.1 million</font><font style="font-family:inherit;font-size:10pt;">&#160;and </font><font style="font-family:inherit;font-size:10pt;">$3.0 million</font><font style="font-family:inherit;font-size:10pt;"> relating to its WMS and Santander equity investments, respectively. This WMS impairment was primarily the result of lower than expected financial results for the quarter ended March 31, 2020 due to the uncertainty related to the impacts of the COVID-19 pandemic on the cruise industry.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Goodwill</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We have </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> separate reporting units for purposes of our goodwill impairment testing. The changes in the carrying amount of goodwill by reporting unit were as follows (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Aviation Connectivity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Maritime &amp; Land Connectivity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Media &amp; Content</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross carrying amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">98,022</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">209,130</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">83,455</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">390,607</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated impairment loss</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(44,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(187,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(231,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">54,022</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">22,130</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">83,455</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">159,607</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Impairment loss</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(22,130</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(22,130</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency translation adjustments</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(118</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(118</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance March 31, 2020</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">54,022</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">83,337</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">137,359</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross carrying amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">98,022</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">209,130</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">83,337</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">390,489</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated impairment loss</font></div><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(44,000</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(209,130</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(253,130</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance March 31, 2020</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">54,022</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">83,337</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">137,359</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Goodwill Impairment</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#212529;">Goodwill and equity method investments are non-financial instruments that are measured at fair value on a non-recurring basis. In January&#160;2017, the FASB issued ASU No.&#160;2017-04,&#160;Intangibles-Goodwill and Other (Topic 350)&#160;- Simplifying the Test for Goodwill Impairment,&#160;which simplifies the test for goodwill impairment by eliminating Step 2 from the goodwill impairment test. Step 2 measured a goodwill impairment loss by comparing the implied fair value of a reporting unit&#8217;s goodwill with the carrying amount of that goodwill. The guidance was adopted during the first quarter of 2017, and therefore, our interim goodwill impairment tests as of March 31, 2020 were performed using only a Step 1 test.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, the cumulative impairment write-offs relating to our Aviation Connectivity and our Maritime &amp; Land Connectivity reporting units was </font><font style="font-family:inherit;font-size:10pt;">$44.0 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$209.1 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. The Company is required to test goodwill for impairment on an annual basis and,&#160;if current events or circumstances require, on an interim basis.&#160;Our next annual impairment evaluation is scheduled&#160;during&#160;the fourth quarter of 2020.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Valuation of Goodwill and Intangible Assets</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company performs valuations of assets acquired and liabilities assumed on each acquisition accounted for as a business combination and allocates the purchase price of each acquired business to its respective net tangible and intangible assets and liabilities. Acquired intangible assets principally consist of technology, customer relationships, backlog and trademarks. Liabilities related to intangibles principally consist of unfavorable vendor contracts. The Company determines the appropriate useful life by performing an analysis of expected cash flows based on projected financial information of the acquired businesses. Intangible assets are amortized over their estimated useful lives using the straight-line method, which approximates the pattern in which the majority of the economic benefits are expected to be consumed. Intangible liabilities are amortized into cost of sales ratably over their expected related revenue streams over their useful lives.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Goodwill represents the excess of the cost of an acquired entity over the fair value of the acquired net assets. The Company does not amortize goodwill but evaluates it for impairment at the reporting unit level annually during the fourth quarter of each fiscal year (as of December 31 of that quarter) or when an event occurs or circumstances change that indicates the carrying value may not be recoverable. An impairment loss will be recognized for the amount by which the reporting unit&#8217;s carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill in that reporting unit.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Income Taxes</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recorded income tax provision of </font><font style="font-family:inherit;font-size:10pt;">$1.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, respectively. The tax provision for the three months ended March 31, 2020 is primarily attributable to foreign income taxes resulting from our foreign subsidiaries' contribution to pretax income, withholding taxes, changes in valuation allowance, and deferred tax expense on amortization of indefinite-lived intangible assets. The tax provision for the three months ended March 31, 2019 was primarily attributable to the foreign withholding taxes, foreign income taxes resulting from the foreign subsidiaries' contribution to pretax income, basis difference in convertible debt and effects of permanent differences. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Due to uncertainty as to the realization of benefits from the Company's U.S. and certain international net deferred tax assets, including net operating loss carryforwards, the Company has a full valuation allowance reserved against such net deferred tax assets. The Company intends to continue to maintain a full valuation allowance on certain jurisdictions&#8217; net deferred tax assets until there is sufficient evidence to support the reversal of all or some portion of these allowances.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">, the liability for income taxes associated with uncertain tax positions was </font><font style="font-family:inherit;font-size:10pt;">$6.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$7.7 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">, the Company had accrued </font><font style="font-family:inherit;font-size:10pt;">$6.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$6.4 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, of interest and penalties related to uncertain tax positions. It is reasonably possible that the amount of the unrecognized benefit with respect to certain of the Company&#8217;s unrecognized tax positions may significantly decrease within the next 12 months. This change may be the result of settlement of ongoing foreign audits.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Income Taxes</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred income tax assets and liabilities are recognized for temporary differences between the financial statement carrying amounts of assets and liabilities and the amounts that are reported in the income tax returns. Deferred taxes are evaluated for realization on a jurisdictional basis. The Company records valuation allowances to reduce deferred tax assets to the amount that is more likely than not to be realized. In making this assessment, management analyzes future taxable income, reversing temporary differences and ongoing tax planning strategies. Should a change in circumstances lead to a change in judgment about the realizability of deferred tax assets in future years, the Company will adjust related valuation allowances in the period that the change in circumstances occurs, along with a corresponding increase or charge to income.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained upon examination by the taxing authorities based on the technical merits of the Company&#8217;s position. The tax benefit recognized in the financial statements for a particular tax position is based on the largest benefit that is more likely than not to be realized. The amount of unrecognized tax benefits (UTBs) is adjusted as appropriate for changes in facts and circumstances, such as significant amendments to existing tax laws, new regulations or interpretations by the taxing authorities, new information obtained during a tax examination, or resolution of an examination. The Company recognizes both accrued interest and penalties associated with uncertain tax positions as a component of Income tax (benefit) expense in the Condensed Consolidated Statements of Operations.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Intangible Assets, net</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As a result of historical business combinations, the Company acquired finite-lived intangible assets that are primarily amortized on a straight-line basis, which approximate their expected cash flow patterns. The Company&#8217;s finite-lived intangible assets have been assigned useful lives ranging from </font><font style="font-family:inherit;font-size:10pt;">2.0</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">10.0 years</font><font style="font-family:inherit;font-size:10pt;"> (weighted average of </font><font style="font-family:inherit;font-size:10pt;">7.5 years</font><font style="font-family:inherit;font-size:10pt;">).</font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intangible assets, net consisted of the following (dollars in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted Average Useful Lives</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Gross Carrying Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accumulated Amortization</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Carrying Amount</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intangible assets:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Existing technology -- software</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.2 years</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,799</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,263</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,536</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Developed technology</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.0 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,317</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,945</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,372</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer relationships</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.7 years</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">138,358</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">95,259</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,099</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Backlog</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.0 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,300</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,300</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.1 years</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,248</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">980</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">268</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">202,022</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">152,747</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,275</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted Average Useful Lives</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Gross Carrying Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accumulated Amortization</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Carrying Amount</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intangible assets:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Existing technology -- software</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.2 years</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,799</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,487</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,312</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Developed technology</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.0 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,317</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,716</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,601</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer relationships</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.7 years</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">138,358</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">91,124</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,234</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Backlog</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.0 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,300</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,300</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.1 years</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,249</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">913</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">336</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">202,023</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">146,540</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">55,483</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We expect to record amortization of intangible assets as follows (in thousands):</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:87%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Year ending December 31, </font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#160;&#160;</font></div></td><td colspan="3" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Amount</font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020 (remaining nine months)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,056</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,824</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,907</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,890</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2024</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,230</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">368</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,275</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We recorded amortization expense of </font><font style="font-family:inherit;font-size:10pt;">$6.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$7.8 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three months ended March 31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table provides the components of the finance lease cost for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and 2019 (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:68%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of right-of-use asset, net of lease incentive and contract liability credits</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">420</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest accretion on finance lease liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">383</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total lease cost</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">803</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table discloses the weighted-average remaining lease term and IBR, as well as supplemental cash flow information (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.3170731707317%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31, 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Supplemental cash flow information</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash paid for amounts included in the measurement of operating lease liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,028</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash paid for amounts included in the measurement of finance lease liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">940</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Right-of-use-assets obtained in exchange for operating lease obligations</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Immaterial</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Right-of-use-assets obtained in exchange for finance lease obligations</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- real estate operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.01 years</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- teleport co-location operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.59 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- satellite capacity operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.75 years</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- finance lease</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">6.25 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- real estate operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9.90</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- teleport co-location operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.89</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- teleport satellite capacity operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.24</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- finance lease</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.30</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Leases</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our leasing operations consist of various arrangements, where we act either (i) as the lessee (primarily related to our corporate and regional offices, teleport co-location arrangements and a commitment for satellite bandwidth capacity), or (ii) as the lessor (for our owned equipment rented to connectivity customers). The following describes the nature of our various leasing arrangements and the impact to our statement of operations for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Real Estate Operating Leases (as a Lessee)</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has operating leases for office facilities throughout the United States and around the world. Upon inception of a contract, the Company evaluates if the contract, or part of the contract, contains a lease. A lease conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Leases include both a right-of-use asset and a lease liability. The right-of-use asset represents the Company&#8217;s right to use the underlying asset in the lease, and it also includes prepaid lease payments. The lease liability represents the present value of the remaining lease payments discounted using the incremental borrowing rate (&#8220;IBR&#8221;). Maintenance and property tax expenses are accounted for on an accrual basis as variable lease cost. The Company has elected to combine lease and non-lease components, if applicable.</font></div><div style="line-height:120%;text-align:justify;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company records lease expense on a straight-line basis over the lease term in general and administrative expense. Total lease expense for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, was </font><font style="font-family:inherit;font-size:10pt;">$1.4 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s leases have remaining lease terms of </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> year to&#160;</font><font style="font-family:inherit;font-size:10pt;">10.0</font><font style="font-family:inherit;font-size:10pt;"> years. Lease terms include renewal or termination options that the Company is reasonably certain to exercise. For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Teleport Co-Location Operating Leases (as a Lessee)</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company engages certain bandwidth providers for teleport co-location services to deliver bandwidth to our network. These co-location service agreements typically include provisions for physical rack space at a third-party teleport facility. We have determined that the space provided for our equipment constitutes an operating lease. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These leases have remaining lease terms of </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> year to&#160;</font><font style="font-family:inherit;font-size:10pt;">8.0</font><font style="font-family:inherit;font-size:10pt;"> years as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. The Company records lease expense on a straight-line basis over the lease term as part of cost of sales -- licensing and services. Total lease expense for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, was </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Satellite Bandwidth Finance Lease (as a Lessee)</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company maintains agreements with satellite service providers to provide for satellite bandwidth capacity. The Company evaluates these arrangements for embedded leases when the Company has the right to control the use of a significant portion of the identified asset. The Company has elected to separate the lease and non-lease components.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Bandwidth Operating Leases</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company records right-of-use assets and lease liabilities for certain bandwidth capacity arrangements meeting the operating lease classification. These leases have remaining lease terms of </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> year to&#160;</font><font style="font-family:inherit;font-size:10pt;">2.0 years</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. The Company records lease expense on a straight-line basis over the lease term as part of Cost of Sales - Licensing and Services. Total lease expense for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, was </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Bandwidth Finance Lease</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the quarter ended June 30, 2019, the Company modified an existing arrangement for bandwidth capacity that provided us with the right to control a significant portion of the identified asset. The modified agreement met the criteria of finance lease classification. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This finance lease has a remaining lease term of </font><font style="font-family:inherit;font-size:10pt;">6.25 years</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. The Company records amortization of right-of-use assets and interest accretion on finance lease liabilities as part of cost of sales -- licensing and services and interest expense, net, respectively. The following table provides the components of the finance lease cost for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and 2019 (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:68%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of right-of-use asset, net of lease incentive and contract liability credits</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">420</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest accretion on finance lease liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">383</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total lease cost</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">803</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Other Arrangements (as a Lessee)</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company leases certain computer software, equipment and co-location facilities under finance leases that expire on various dates through 2022, for which the outstanding lease liability balance was assessed as not material as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company reviews the carrying value of its right-of-use assets for impairment whenever events or changes in circumstances indicate that the recorded value may not be recoverable. Recoverability of assets is measured by comparing the carrying amounts of the assets to the estimated future undiscounted cash flows, excluding financing costs. If the Company determines that an impairment exists, any related impairment loss is estimated based on fair values.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Equipment Held by Customers (as a Lessor)</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company either sells or leases certain equipment (including antennas, modems and routers, among others) as part of the bandwidth service to our Maritime and Land Connectivity customers. We account for existing equipment lease transactions as operating leases. We recognize lease payments for operating leases as licensing and services revenue in its condensed consolidated statement of operations on a straight-line basis over the lease term. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We assess new equipment lease arrangements or modifications to existing equipment lease arrangements for operating or sales-type lease classification. We recognize investments in leases for sales-type leases when the risk and rewards of ownership are not fully transferred to the customer due to our continued involvement with the equipment. We allocate the total consideration in a contract assessed with a sales-type lease using the expected cost-plus margin and residual methods for the lease and non-lease components, respectively.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The service revenues (with embedded operating equipment leases) and recognized revenues on sales-type equipment leases in which the Company acts as the lessor for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and 2019, is presented in the following table (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:69%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Bandwidth service and equipment revenues</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">26,023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">34,107</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earned revenues on sales-type leases at commencement</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">103</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">333</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total Licensing and Service Revenues -- Maritime and Land Connectivity</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">26,126</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">34,440</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1) </sup></font><font style="font-family:inherit;font-size:8pt;">This is presented as part of Revenues -- Licensing and services in our condensed consolidated statement of operations, and includes the equipment lease component that is embedded in the overall bandwidth service arrangement. Since we adopted the practical expedient to not separate the lease and non-lease components as allowed with the ASC 842 implementation as of January 1, 2019, we will continue to classify existing embedded equipment arrangements as operating leases, to the extent unmodified.</font></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2) </sup></font><font style="font-family:inherit;font-size:8pt;">This includes the equipment lease revenues recognized at commencement date of the customer equipment arrangements classified as sales-type leases. As equipment leasing is a standard component in our connectivity business model, we present equipment revenues relating to these sales-type leases on a gross basis, and recognize a corresponding cost of sales equal to the net book value of the leased equipment. Interest income component is considered immaterial.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Supplemental Cash Flow Information, Weighted-Average Remaining Lease Term and Discount Rate</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Because the rate implicit in each lease is not readily determinable, the Company uses its IBR to determine the present value of the lease payments.&#160;The following table discloses the weighted-average remaining lease term and IBR, as well as supplemental cash flow information (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.3170731707317%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31, 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Supplemental cash flow information</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash paid for amounts included in the measurement of operating lease liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,028</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash paid for amounts included in the measurement of finance lease liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">940</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Right-of-use-assets obtained in exchange for operating lease obligations</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Immaterial</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Right-of-use-assets obtained in exchange for finance lease obligations</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- real estate operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.01 years</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- teleport co-location operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.59 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- satellite capacity operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.75 years</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- finance lease</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">6.25 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- real estate operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9.90</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- teleport co-location operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.89</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- teleport satellite capacity operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.24</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- finance lease</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.30</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Annual Future Minimum Lease Payments</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table reflects a summary of Annual future minimum lease payments and the Company&#8217;s lease assets as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.70731707317073%;border-collapse:collapse;text-align:left;"><tr><td colspan="24" rowspan="1"></td></tr><tr><td style="width:38%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">As a Lessee</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">As a Lessor</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Years Ending December 31,</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Real Estate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Satellite Capacity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Satellite Capacity</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Teleport <br clear="none"/>Co-Location</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" rowspan="2" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equipment Held by Customers</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Lease Classification</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Operating</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Finance</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Operating</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Operating</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-style:italic;">Sales-Type</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">2020 (remaining nine months)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">2,819</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,034</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,443</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">9,111</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">382</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">5,153</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,793</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">10,704</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">503</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">4,541</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,468</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">9,767</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">425</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,616</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">561</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">7,935</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">261</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2024</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,621</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">550</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">7,929</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">180</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">10,825</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">5,638</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,009</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">17,472</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">43</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Future Lease Payments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">31,571</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">23,489</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,034</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">6,824</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">62,918</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,794</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: Imputed interest</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(9,232</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(5,084</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(24</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(1,266</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(15,606</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(273</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Present Value of Lease Liabilities</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">22,339</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">18,405</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">1,010</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">5,558</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">47,312</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Investment in Sales-Type Leases</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">1,521</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">In response to the COVID-19 pandemic and related government restrictions negatively impacting our operations, subsequent to March 31, 2020, we began renegotiating certain lease agreements to obtain rent relief in the near term, in order to help offset the negative financial impacts of COVID-19. On April 10, 2020, the Financial Accounting Standards Board ("FASB") staff issued a question-and-answer document providing guidance for lease concessions provided to lessees in response to the effects of COVID-19. Such guidance allows lessees to make an election not to evaluate whether a lease concession provided by a lessor should be accounted for as a lease modification in the event the concession does not result in a substantial increase in the rights of the lessor or the obligations of the lessee. We intend to elect this practical expedient in our accounting for any lease concessions provided for our real estate lease agreements.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">The book value of the equipment held by customers under operating leases, which are classified as &#8220;Equipment&#8221; in </font><a style="font-family:inherit;font-size:10pt;background-color:#ffffff;" href="#s71F06909266050B983B9DEE67F6B5C69"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">Note 5- Property &amp; Equipment</font></a><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">, is as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:72%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equipment</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross balance</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">55,961</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">57,369</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(32,554</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(30,692</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Book Value</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">23,407</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">26,677</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table reflects a summary of Annual future minimum lease payments and the Company&#8217;s lease assets as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.70731707317073%;border-collapse:collapse;text-align:left;"><tr><td colspan="24" rowspan="1"></td></tr><tr><td style="width:38%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">As a Lessee</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">As a Lessor</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Years Ending December 31,</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Real Estate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Satellite Capacity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Satellite Capacity</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Teleport <br clear="none"/>Co-Location</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" rowspan="2" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equipment Held by Customers</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Lease Classification</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Operating</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Finance</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Operating</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Operating</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-style:italic;">Sales-Type</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">2020 (remaining nine months)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">2,819</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,034</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,443</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">9,111</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">382</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">5,153</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,793</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">10,704</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">503</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">4,541</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,468</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">9,767</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">425</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,616</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">561</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">7,935</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">261</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2024</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,621</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">550</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">7,929</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">180</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">10,825</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">5,638</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,009</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">17,472</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">43</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Future Lease Payments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">31,571</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">23,489</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,034</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">6,824</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">62,918</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,794</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: Imputed interest</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(9,232</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(5,084</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(24</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(1,266</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(15,606</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(273</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Present Value of Lease Liabilities</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">22,339</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">18,405</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">1,010</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">5,558</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">47,312</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Investment in Sales-Type Leases</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">1,521</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Leases</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our leasing operations consist of various arrangements, where we act either (i) as the lessee (primarily related to our corporate and regional offices, teleport co-location arrangements and a commitment for satellite bandwidth capacity), or (ii) as the lessor (for our owned equipment rented to connectivity customers). The following describes the nature of our various leasing arrangements and the impact to our statement of operations for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Real Estate Operating Leases (as a Lessee)</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has operating leases for office facilities throughout the United States and around the world. Upon inception of a contract, the Company evaluates if the contract, or part of the contract, contains a lease. A lease conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Leases include both a right-of-use asset and a lease liability. The right-of-use asset represents the Company&#8217;s right to use the underlying asset in the lease, and it also includes prepaid lease payments. The lease liability represents the present value of the remaining lease payments discounted using the incremental borrowing rate (&#8220;IBR&#8221;). Maintenance and property tax expenses are accounted for on an accrual basis as variable lease cost. The Company has elected to combine lease and non-lease components, if applicable.</font></div><div style="line-height:120%;text-align:justify;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company records lease expense on a straight-line basis over the lease term in general and administrative expense. Total lease expense for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, was </font><font style="font-family:inherit;font-size:10pt;">$1.4 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s leases have remaining lease terms of </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> year to&#160;</font><font style="font-family:inherit;font-size:10pt;">10.0</font><font style="font-family:inherit;font-size:10pt;"> years. Lease terms include renewal or termination options that the Company is reasonably certain to exercise. For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Teleport Co-Location Operating Leases (as a Lessee)</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company engages certain bandwidth providers for teleport co-location services to deliver bandwidth to our network. These co-location service agreements typically include provisions for physical rack space at a third-party teleport facility. We have determined that the space provided for our equipment constitutes an operating lease. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These leases have remaining lease terms of </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> year to&#160;</font><font style="font-family:inherit;font-size:10pt;">8.0</font><font style="font-family:inherit;font-size:10pt;"> years as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. The Company records lease expense on a straight-line basis over the lease term as part of cost of sales -- licensing and services. Total lease expense for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, was </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Satellite Bandwidth Finance Lease (as a Lessee)</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company maintains agreements with satellite service providers to provide for satellite bandwidth capacity. The Company evaluates these arrangements for embedded leases when the Company has the right to control the use of a significant portion of the identified asset. The Company has elected to separate the lease and non-lease components.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Bandwidth Operating Leases</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company records right-of-use assets and lease liabilities for certain bandwidth capacity arrangements meeting the operating lease classification. These leases have remaining lease terms of </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> year to&#160;</font><font style="font-family:inherit;font-size:10pt;">2.0 years</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. The Company records lease expense on a straight-line basis over the lease term as part of Cost of Sales - Licensing and Services. Total lease expense for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, was </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Bandwidth Finance Lease</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the quarter ended June 30, 2019, the Company modified an existing arrangement for bandwidth capacity that provided us with the right to control a significant portion of the identified asset. The modified agreement met the criteria of finance lease classification. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This finance lease has a remaining lease term of </font><font style="font-family:inherit;font-size:10pt;">6.25 years</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. The Company records amortization of right-of-use assets and interest accretion on finance lease liabilities as part of cost of sales -- licensing and services and interest expense, net, respectively. The following table provides the components of the finance lease cost for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and 2019 (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:68%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of right-of-use asset, net of lease incentive and contract liability credits</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">420</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest accretion on finance lease liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">383</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total lease cost</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">803</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Other Arrangements (as a Lessee)</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company leases certain computer software, equipment and co-location facilities under finance leases that expire on various dates through 2022, for which the outstanding lease liability balance was assessed as not material as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company reviews the carrying value of its right-of-use assets for impairment whenever events or changes in circumstances indicate that the recorded value may not be recoverable. Recoverability of assets is measured by comparing the carrying amounts of the assets to the estimated future undiscounted cash flows, excluding financing costs. If the Company determines that an impairment exists, any related impairment loss is estimated based on fair values.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Equipment Held by Customers (as a Lessor)</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company either sells or leases certain equipment (including antennas, modems and routers, among others) as part of the bandwidth service to our Maritime and Land Connectivity customers. We account for existing equipment lease transactions as operating leases. We recognize lease payments for operating leases as licensing and services revenue in its condensed consolidated statement of operations on a straight-line basis over the lease term. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We assess new equipment lease arrangements or modifications to existing equipment lease arrangements for operating or sales-type lease classification. We recognize investments in leases for sales-type leases when the risk and rewards of ownership are not fully transferred to the customer due to our continued involvement with the equipment. We allocate the total consideration in a contract assessed with a sales-type lease using the expected cost-plus margin and residual methods for the lease and non-lease components, respectively.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The service revenues (with embedded operating equipment leases) and recognized revenues on sales-type equipment leases in which the Company acts as the lessor for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and 2019, is presented in the following table (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:69%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Bandwidth service and equipment revenues</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">26,023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">34,107</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earned revenues on sales-type leases at commencement</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">103</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">333</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total Licensing and Service Revenues -- Maritime and Land Connectivity</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">26,126</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">34,440</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1) </sup></font><font style="font-family:inherit;font-size:8pt;">This is presented as part of Revenues -- Licensing and services in our condensed consolidated statement of operations, and includes the equipment lease component that is embedded in the overall bandwidth service arrangement. Since we adopted the practical expedient to not separate the lease and non-lease components as allowed with the ASC 842 implementation as of January 1, 2019, we will continue to classify existing embedded equipment arrangements as operating leases, to the extent unmodified.</font></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2) </sup></font><font style="font-family:inherit;font-size:8pt;">This includes the equipment lease revenues recognized at commencement date of the customer equipment arrangements classified as sales-type leases. As equipment leasing is a standard component in our connectivity business model, we present equipment revenues relating to these sales-type leases on a gross basis, and recognize a corresponding cost of sales equal to the net book value of the leased equipment. Interest income component is considered immaterial.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Supplemental Cash Flow Information, Weighted-Average Remaining Lease Term and Discount Rate</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Because the rate implicit in each lease is not readily determinable, the Company uses its IBR to determine the present value of the lease payments.&#160;The following table discloses the weighted-average remaining lease term and IBR, as well as supplemental cash flow information (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.3170731707317%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31, 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Supplemental cash flow information</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash paid for amounts included in the measurement of operating lease liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,028</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash paid for amounts included in the measurement of finance lease liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">940</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Right-of-use-assets obtained in exchange for operating lease obligations</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Immaterial</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Right-of-use-assets obtained in exchange for finance lease obligations</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- real estate operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.01 years</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- teleport co-location operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.59 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- satellite capacity operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.75 years</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- finance lease</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">6.25 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- real estate operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9.90</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- teleport co-location operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.89</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- teleport satellite capacity operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.24</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- finance lease</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.30</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Annual Future Minimum Lease Payments</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table reflects a summary of Annual future minimum lease payments and the Company&#8217;s lease assets as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.70731707317073%;border-collapse:collapse;text-align:left;"><tr><td colspan="24" rowspan="1"></td></tr><tr><td style="width:38%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">As a Lessee</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">As a Lessor</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Years Ending December 31,</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Real Estate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Satellite Capacity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Satellite Capacity</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Teleport <br clear="none"/>Co-Location</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" rowspan="2" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equipment Held by Customers</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Lease Classification</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Operating</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Finance</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Operating</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Operating</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-style:italic;">Sales-Type</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">2020 (remaining nine months)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">2,819</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,034</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,443</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">9,111</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">382</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">5,153</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,793</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">10,704</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">503</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">4,541</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,468</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">9,767</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">425</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,616</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">561</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">7,935</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">261</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2024</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,621</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">550</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">7,929</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">180</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">10,825</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">5,638</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,009</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">17,472</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">43</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Future Lease Payments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">31,571</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">23,489</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,034</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">6,824</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">62,918</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,794</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: Imputed interest</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(9,232</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(5,084</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(24</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(1,266</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(15,606</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(273</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Present Value of Lease Liabilities</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">22,339</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">18,405</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">1,010</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">5,558</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">47,312</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Investment in Sales-Type Leases</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">1,521</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">In response to the COVID-19 pandemic and related government restrictions negatively impacting our operations, subsequent to March 31, 2020, we began renegotiating certain lease agreements to obtain rent relief in the near term, in order to help offset the negative financial impacts of COVID-19. On April 10, 2020, the Financial Accounting Standards Board ("FASB") staff issued a question-and-answer document providing guidance for lease concessions provided to lessees in response to the effects of COVID-19. Such guidance allows lessees to make an election not to evaluate whether a lease concession provided by a lessor should be accounted for as a lease modification in the event the concession does not result in a substantial increase in the rights of the lessor or the obligations of the lessee. We intend to elect this practical expedient in our accounting for any lease concessions provided for our real estate lease agreements.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">The book value of the equipment held by customers under operating leases, which are classified as &#8220;Equipment&#8221; in </font><a style="font-family:inherit;font-size:10pt;background-color:#ffffff;" href="#s71F06909266050B983B9DEE67F6B5C69"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">Note 5- Property &amp; Equipment</font></a><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">, is as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:72%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equipment</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross balance</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">55,961</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">57,369</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(32,554</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(30,692</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Book Value</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">23,407</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">26,677</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Adoption of New Accounting Pronouncements</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2020, we adopted ASU 2016-13, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</font><font style="font-family:inherit;font-size:10pt;">, which requires the measurement and recognition of expected credit losses for financial assets held at amortized cost.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The cumulative effect adjustment from using the modified retrospective approach for the adoption of ASC 326 impacted our unaudited condensed consolidated balance sheet as of January 1, 2020 by the recognition of allowance for credit losses as summarized below:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:47%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Balances at December 31, 2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Impact of ASC 326</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Balances Following Adoption of ASC 326</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Assets</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">88,219</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(503</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">87,716</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other current assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,839</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(111</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,728</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other non-current assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27,509</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(673</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,836</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equity</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated deficit</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,162,901</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,287</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,164,188</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refer to </font><a style="font-family:inherit;font-size:10pt;" href="#s7444e31c50a44141b44194ee2686fdea"><font style="font-family:inherit;font-size:10pt;">Note 8. Credit Loss Reserve and Allowances </font></a><font style="font-family:inherit;font-size:10pt;">for further details.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In November 2019, the FASB issued ASU No. 2019-8, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation - Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Codification Improvements - Share-Based Consideration Payable to a Customer</font><font style="font-family:inherit;font-size:10pt;">, which expedites the improvement process of the amendments and increase stakeholder awareness in ASU 2018-07, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation - Stock Compensation (Topic 718); Improvements to Nonemployee Share-Based Payment Accounting.</font><font style="font-family:inherit;font-size:10pt;"> The Company adopted ASU No. 2019-18 beginning January 1, 2020. The adoption of this standard did not have a material impact on its unaudited condensed consolidated financial statements. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2019, the FASB issued ASU No. 2019-01, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842): Codification Improvements</font><font style="font-family:inherit;font-size:10pt;">, to provide clarifications on ASC 842 and to correct unintended application of the guidance. The amendments in this update include the following items brought to FASB&#8217;s attention through those interactions with stakeholders: (i) determining the fair value of the underlying asset by lessors that are not manufacturers or dealers; (ii) presentation on the statement of cash flows&#8212;sales-type and direct financing leases; and (iii) transition disclosures related to Topic 250, Accounting Changes and Error Corrections. The Company adopted ASU No. 2019-01 beginning January 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued ASU 2018-13, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement</font><font style="font-family:inherit;font-size:10pt;">, which modifies the disclosure requirements on fair value measurements by removing, modifying, or adding certain disclosures for fair value measurements. The Company adopted ASU No. 2018-13 beginning January 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Pronouncements</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#212529;">In March 2020, the FASB issued ASU 2020-04,&#160;</font><font style="font-family:inherit;font-size:10pt;color:#212529;font-style:italic;">Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting</font><font style="font-family:inherit;font-size:10pt;color:#212529;">. The purpose of ASU 2020-04 is to provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. More specifically, the amendments in ASU 2020-04 provide optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met.&#160;The amendments in ASU 2020-04 are effective as of March 12, 2020 through December 31, 2022. </font><font style="font-family:inherit;font-size:10pt;">This guidance was effective upon issuance, as a result the Company adopted the guidance in the first quarter of fiscal 2020 and there was no financial impact on the Condensed Consolidated Financial Statements upon adoption.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2020, the FASB issued ASU 2020-01, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Investments-Equity Securities (Topic 321), Investments-Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) - Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 (a consensus of the Emerging Issues Task Force)</font><font style="font-family:inherit;font-size:10pt;">. The new guidance clarifies the application of measurement alternatives and the accounting for certain forward contracts and purchased options to acquire investments. The ASU is effective for the Company beginning December 15, 2020, with early adoption permitted. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In December 2019, the FASB issued ASU No. 2019-12, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes</font><font style="font-family:inherit;font-size:10pt;">, which identifies, evaluates and improves areas of GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The ASU is effective for the Company beginning January 1, 2021, with early adoption permitted. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The service revenues (with embedded operating equipment leases) and recognized revenues on sales-type equipment leases in which the Company acts as the lessor for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and 2019, is presented in the following table (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:69%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Bandwidth service and equipment revenues</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">26,023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">34,107</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earned revenues on sales-type leases at commencement</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">103</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">333</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total Licensing and Service Revenues -- Maritime and Land Connectivity</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">26,126</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">34,440</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1) </sup></font><font style="font-family:inherit;font-size:8pt;">This is presented as part of Revenues -- Licensing and services in our condensed consolidated statement of operations, and includes the equipment lease component that is embedded in the overall bandwidth service arrangement. Since we adopted the practical expedient to not separate the lease and non-lease components as allowed with the ASC 842 implementation as of January 1, 2019, we will continue to classify existing embedded equipment arrangements as operating leases, to the extent unmodified.</font></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2) </sup></font><font style="font-family:inherit;font-size:8pt;">This includes the equipment lease revenues recognized at commencement date of the customer equipment arrangements classified as sales-type leases. As equipment leasing is a standard component in our connectivity business model, we present equipment revenues relating to these sales-type leases on a gross basis, and recognize a corresponding cost of sales equal to the net book value of the leased equipment. Interest income component is considered immaterial.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Leases</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our leasing operations consist of various arrangements, where we act either (i) as the lessee (primarily related to our corporate and regional offices, teleport co-location arrangements and a commitment for satellite bandwidth capacity), or (ii) as the lessor (for our owned equipment rented to connectivity customers). The following describes the nature of our various leasing arrangements and the impact to our statement of operations for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Real Estate Operating Leases (as a Lessee)</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has operating leases for office facilities throughout the United States and around the world. Upon inception of a contract, the Company evaluates if the contract, or part of the contract, contains a lease. A lease conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Leases include both a right-of-use asset and a lease liability. The right-of-use asset represents the Company&#8217;s right to use the underlying asset in the lease, and it also includes prepaid lease payments. The lease liability represents the present value of the remaining lease payments discounted using the incremental borrowing rate (&#8220;IBR&#8221;). Maintenance and property tax expenses are accounted for on an accrual basis as variable lease cost. The Company has elected to combine lease and non-lease components, if applicable.</font></div><div style="line-height:120%;text-align:justify;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company records lease expense on a straight-line basis over the lease term in general and administrative expense. Total lease expense for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, was </font><font style="font-family:inherit;font-size:10pt;">$1.4 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s leases have remaining lease terms of </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> year to&#160;</font><font style="font-family:inherit;font-size:10pt;">10.0</font><font style="font-family:inherit;font-size:10pt;"> years. Lease terms include renewal or termination options that the Company is reasonably certain to exercise. For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Teleport Co-Location Operating Leases (as a Lessee)</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company engages certain bandwidth providers for teleport co-location services to deliver bandwidth to our network. These co-location service agreements typically include provisions for physical rack space at a third-party teleport facility. We have determined that the space provided for our equipment constitutes an operating lease. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These leases have remaining lease terms of </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> year to&#160;</font><font style="font-family:inherit;font-size:10pt;">8.0</font><font style="font-family:inherit;font-size:10pt;"> years as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. The Company records lease expense on a straight-line basis over the lease term as part of cost of sales -- licensing and services. Total lease expense for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, was </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Satellite Bandwidth Finance Lease (as a Lessee)</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company maintains agreements with satellite service providers to provide for satellite bandwidth capacity. The Company evaluates these arrangements for embedded leases when the Company has the right to control the use of a significant portion of the identified asset. The Company has elected to separate the lease and non-lease components.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Bandwidth Operating Leases</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company records right-of-use assets and lease liabilities for certain bandwidth capacity arrangements meeting the operating lease classification. These leases have remaining lease terms of </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> year to&#160;</font><font style="font-family:inherit;font-size:10pt;">2.0 years</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. The Company records lease expense on a straight-line basis over the lease term as part of Cost of Sales - Licensing and Services. Total lease expense for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, was </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Bandwidth Finance Lease</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the quarter ended June 30, 2019, the Company modified an existing arrangement for bandwidth capacity that provided us with the right to control a significant portion of the identified asset. The modified agreement met the criteria of finance lease classification. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This finance lease has a remaining lease term of </font><font style="font-family:inherit;font-size:10pt;">6.25 years</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">. The Company records amortization of right-of-use assets and interest accretion on finance lease liabilities as part of cost of sales -- licensing and services and interest expense, net, respectively. The following table provides the components of the finance lease cost for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and 2019 (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:68%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of right-of-use asset, net of lease incentive and contract liability credits</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">420</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest accretion on finance lease liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">383</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total lease cost</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">803</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Other Arrangements (as a Lessee)</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company leases certain computer software, equipment and co-location facilities under finance leases that expire on various dates through 2022, for which the outstanding lease liability balance was assessed as not material as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company reviews the carrying value of its right-of-use assets for impairment whenever events or changes in circumstances indicate that the recorded value may not be recoverable. Recoverability of assets is measured by comparing the carrying amounts of the assets to the estimated future undiscounted cash flows, excluding financing costs. If the Company determines that an impairment exists, any related impairment loss is estimated based on fair values.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Equipment Held by Customers (as a Lessor)</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company either sells or leases certain equipment (including antennas, modems and routers, among others) as part of the bandwidth service to our Maritime and Land Connectivity customers. We account for existing equipment lease transactions as operating leases. We recognize lease payments for operating leases as licensing and services revenue in its condensed consolidated statement of operations on a straight-line basis over the lease term. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We assess new equipment lease arrangements or modifications to existing equipment lease arrangements for operating or sales-type lease classification. We recognize investments in leases for sales-type leases when the risk and rewards of ownership are not fully transferred to the customer due to our continued involvement with the equipment. We allocate the total consideration in a contract assessed with a sales-type lease using the expected cost-plus margin and residual methods for the lease and non-lease components, respectively.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The service revenues (with embedded operating equipment leases) and recognized revenues on sales-type equipment leases in which the Company acts as the lessor for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and 2019, is presented in the following table (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:69%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Bandwidth service and equipment revenues</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">26,023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">34,107</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earned revenues on sales-type leases at commencement</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">103</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">333</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total Licensing and Service Revenues -- Maritime and Land Connectivity</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">26,126</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">34,440</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1) </sup></font><font style="font-family:inherit;font-size:8pt;">This is presented as part of Revenues -- Licensing and services in our condensed consolidated statement of operations, and includes the equipment lease component that is embedded in the overall bandwidth service arrangement. Since we adopted the practical expedient to not separate the lease and non-lease components as allowed with the ASC 842 implementation as of January 1, 2019, we will continue to classify existing embedded equipment arrangements as operating leases, to the extent unmodified.</font></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2) </sup></font><font style="font-family:inherit;font-size:8pt;">This includes the equipment lease revenues recognized at commencement date of the customer equipment arrangements classified as sales-type leases. As equipment leasing is a standard component in our connectivity business model, we present equipment revenues relating to these sales-type leases on a gross basis, and recognize a corresponding cost of sales equal to the net book value of the leased equipment. Interest income component is considered immaterial.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Supplemental Cash Flow Information, Weighted-Average Remaining Lease Term and Discount Rate</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Because the rate implicit in each lease is not readily determinable, the Company uses its IBR to determine the present value of the lease payments.&#160;The following table discloses the weighted-average remaining lease term and IBR, as well as supplemental cash flow information (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.3170731707317%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31, 2020</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Supplemental cash flow information</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash paid for amounts included in the measurement of operating lease liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,028</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash paid for amounts included in the measurement of finance lease liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">940</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Right-of-use-assets obtained in exchange for operating lease obligations</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Immaterial</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Right-of-use-assets obtained in exchange for finance lease obligations</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- real estate operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.01 years</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- teleport co-location operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.59 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- satellite capacity operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.75 years</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average remaining lease term</font><font style="font-family:inherit;font-size:10pt;">&#160;-- finance lease</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">6.25 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- real estate operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9.90</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- teleport co-location operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.89</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- teleport satellite capacity operating leases</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.24</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted average IBR</font><font style="font-family:inherit;font-size:10pt;">&#160;-- finance lease</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.30</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Annual Future Minimum Lease Payments</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table reflects a summary of Annual future minimum lease payments and the Company&#8217;s lease assets as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.70731707317073%;border-collapse:collapse;text-align:left;"><tr><td colspan="24" rowspan="1"></td></tr><tr><td style="width:38%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">As a Lessee</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">As a Lessor</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Years Ending December 31,</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Real Estate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Satellite Capacity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Satellite Capacity</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Teleport <br clear="none"/>Co-Location</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" rowspan="2" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equipment Held by Customers</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Lease Classification</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Operating</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Finance</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Operating</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">Operating</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-style:italic;">Sales-Type</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">2020 (remaining nine months)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">2,819</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,034</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,443</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">9,111</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">382</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">5,153</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,793</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">10,704</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">503</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">4,541</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,468</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">9,767</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">425</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,616</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">561</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">7,935</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">261</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2024</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,621</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">3,758</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">550</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">7,929</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">180</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">10,825</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">5,638</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,009</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">17,472</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">43</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Future Lease Payments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">31,571</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">23,489</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,034</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">6,824</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">62,918</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">1,794</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: Imputed interest</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(9,232</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(5,084</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(24</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(1,266</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(15,606</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(273</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Present Value of Lease Liabilities</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">22,339</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">18,405</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">1,010</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">5,558</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">47,312</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Investment in Sales-Type Leases</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">1,521</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">In response to the COVID-19 pandemic and related government restrictions negatively impacting our operations, subsequent to March 31, 2020, we began renegotiating certain lease agreements to obtain rent relief in the near term, in order to help offset the negative financial impacts of COVID-19. On April 10, 2020, the Financial Accounting Standards Board ("FASB") staff issued a question-and-answer document providing guidance for lease concessions provided to lessees in response to the effects of COVID-19. Such guidance allows lessees to make an election not to evaluate whether a lease concession provided by a lessor should be accounted for as a lease modification in the event the concession does not result in a substantial increase in the rights of the lessor or the obligations of the lessee. We intend to elect this practical expedient in our accounting for any lease concessions provided for our real estate lease agreements.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">The book value of the equipment held by customers under operating leases, which are classified as &#8220;Equipment&#8221; in </font><a style="font-family:inherit;font-size:10pt;background-color:#ffffff;" href="#s71F06909266050B983B9DEE67F6B5C69"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">Note 5- Property &amp; Equipment</font></a><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">, is as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:72%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equipment</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross balance</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">55,961</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">57,369</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(32,554</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">(30,692</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Book Value</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">23,407</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Times_New_Roman;font-size:10pt;font-weight:bold;">26,677</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Overview </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Global Eagle Entertainment Inc. is a Delaware corporation headquartered in Los Angeles, California. Global Eagle (together with its subsidiaries, &#8220;Global Eagle&#8221; or the &#8220;Company&#8221;, &#8220;we&#8221;, &#8220;us&#8221; or &#8220;our&#8221;) is a leading provider of media and satellite-based connectivity to fast-growing, global mobility markets across air, land and sea. Global Eagle offers a fully integrated suite of rich media content and seamless connectivity solutions around the globe. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our Chief Executive Officer, the Company&#8217;s chief operating decision-maker (&#8220;CODM&#8221;), evaluates financial performance and allocates resources by reviewing revenue, costs of sales and contribution profit separately for our </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> operating segments: (i) Media &amp; Content, and (ii) Connectivity.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#212529;">The Company&#8217;s Annual Report on Form 10-K for the year ended December 31, 2019 (the &#8220;Annual Report&#8221;) included the Company&#8217;s conclusion that, </font><font style="font-family:inherit;font-size:10pt;">factors evaluated by the Company, including historical losses and negative cash flows from operations, government and industry-imposed travel restrictions in the aviation and maritime industries the Company services, ability to maintain and meet debt covenants in future periods, and the Company&#8217;s ability to satisfy existing debt obligations and paydown past due accounts payable over the next year, raised substantial doubt as to the Company&#8217; ability to continue as a going concern for a period within&#160;12 months&#160;following&#160;May 15, 2020. In the Annual Report, the Company&#8217;s independent auditors also included a &#8220;going concern&#8221; explanatory paragraph in their report as of and for the year ended December 31, 2019. As a result, the Company was required to seek covenant amendments from its lenders as well as temporary deferral of principal and interest payments. Please refer to </font><font style="font-family:inherit;font-size:10pt;color:#0000ff;text-decoration:underline;">Note 2. Basis of Presentation and Summary of Significant Accounting Policies</font><font style="font-family:inherit;font-size:10pt;"> for the Company&#8217;s going concern assessment with respect to the quarter ended March 31, 2020 and additional details on covenant compliance and amendments.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Property and Equipment, net</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property and equipment, net consisted of the following (in thousands):</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:72%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Leasehold improvements</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,340</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,319</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Furniture and fixtures</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,672</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,683</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equipment</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">158,138</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">157,259</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Computer equipment</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,425</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,993</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Computer software</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52,690</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">51,939</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Automobiles</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">298</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">301</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Buildings</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,087</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,088</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Albatross (Company-owned aircraft)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">456</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">456</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Satellite transponders</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70,100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70,100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Construction in-progress</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,150</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,499</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total property and equipment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">319,356</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">319,637</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(186,587</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(174,342</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property and equipment, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">132,769</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">145,295</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation expense, including software amortization expense, by classification consisted of the following (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cost of sales</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,628</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,934</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sales and marketing</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">522</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,002</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Product development</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">571</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">835</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">General and administrative</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,784</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,382</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total depreciation expense</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,505</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,153</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property and equipment, net consisted of the following (in thousands):</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:72%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Leasehold improvements</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,340</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,319</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Furniture and fixtures</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,672</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,683</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equipment</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">158,138</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">157,259</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Computer equipment</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,425</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,993</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Computer software</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52,690</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">51,939</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Automobiles</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">298</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">301</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Buildings</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,087</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,088</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Albatross (Company-owned aircraft)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">456</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">456</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Satellite transponders</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70,100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70,100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Construction in-progress</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,150</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,499</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total property and equipment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">319,356</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">319,637</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(186,587</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(174,342</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property and equipment, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">132,769</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">145,295</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes revenue and gross margin by our reportable segments for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenue:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Media &amp; Content -- Licensing and Services</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">68,385</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,010</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity -- Services</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">67,260</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70,468</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity -- Equipment</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,520</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,141</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total revenue</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">144,165</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">166,619</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Cost of sales:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Media &amp; Content -- Licensing and Services</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">55,556</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57,669</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity -- Services</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57,728</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">65,600</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity -- Equipment</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,523</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,925</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total cost of sales</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">120,807</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">134,194</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Gross Margin:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Media &amp; Content</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,829</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,341</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,529</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,084</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total Gross Margin</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23,358</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,425</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70,151</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">51,515</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Loss from operations</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(46,793</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(19,090</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Related Party Transactions</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Loan Advances in lieu of Future Payouts from WMS</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2019, the Company entered into a demand promissory note with WMS (as an advance against future dividends that WMS may pay the Company) for approximately </font><font style="font-family:inherit;font-size:10pt;">$7.4 million</font><font style="font-family:inherit;font-size:10pt;">, accruing interest at </font><font style="font-family:inherit;font-size:10pt;">6.5%</font><font style="font-family:inherit;font-size:10pt;"> per annum, and concurrently signed an agreement to waive future dividends or other such distributions by WMS to the Company until such time as the outstanding principal and accrued but unpaid interest on the demand promissory note has been repaid in full. The outstanding demand promissory note would be reduced dollar-for-dollar by any such distribution amounts waived. The Company may prepay the promissory note at any time without prepayment penalty. The entire principal balance of this promissory note together with all accrued but unpaid interest is due on the earliest to occur of (i) demand by the holder, (ii) December 31, 2020 and (iii) the date of acceleration of the promissory note as a result of the occurrence of an event of default. The promissory note was reduced to zero in the third quarter of 2019 for distribution amount waived. During the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, WMS approved a deemed dividend to the Company totaling </font><font style="font-family:inherit;font-size:10pt;">$3.7 million</font><font style="font-family:inherit;font-size:10pt;">, which was distributed in cash to the Company in the second quarter of 2020.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Due to Santander </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the EMC Acquisition, the Company acquired a </font><font style="font-family:inherit;font-size:10pt;">49%</font><font style="font-family:inherit;font-size:10pt;"> equity interest in Santander. The Company accounts for its interest in Santander using the equity method and includes our share of Santander&#8217;s profits or losses in Income from equity method investments in the condensed consolidated statements of operations. During each of the three months ending March 31, 2020 and 2019, the Company purchased approximately </font><font style="font-family:inherit;font-size:10pt;">$1.1 million</font><font style="font-family:inherit;font-size:10pt;"> from Santander for teleport and related network support services. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">, the Company owed Santander approximately </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.8 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, which is included in accounts payable and accrued liabilities in the condensed consolidated balance sheets for their teleport services and related network operations support services.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Amended and Restated Registration Rights Agreement</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">When we consummated our business combination in January 2013 with Row 44 and Advanced Inflight Alliance AG, we entered into an amended and restated registration rights agreement with Par Investment Partners, L.P. (&#8220;PAR&#8221;), entities affiliated with Putnam Investments, Global Eagle Acquisition LLC (the &#8220;Sponsor&#8221;) and a current member of our board of directors (&#8220;Board of Directors&#8221; or &#8220;Board&#8221;), Harry E. Sloan and our then Board member, Jeff Sagansky, both of whom were affiliated with the Sponsor. Under that agreement, we agreed to register the resale of securities held by such parties (the &#8220;registrable securities&#8221;) and to sell those registrable securities pursuant to an effective registration statement in a variety of manners, including in underwritten offerings. We also agreed to pay the security holders&#8217; expenses in connection with their exercise of their registration rights. </font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, the amended and restated registration rights agreement restricts our ability to grant registration rights to a third party on parity with or senior to those held by the &#8220;holders&#8221; (as defined under that agreement) without the consent of holders of at least a majority of the &#8220;registrable securities&#8221; under that agreement. In April 2018, we entered into a consent to the amended and restated registration rights agreement with PAR whereby PAR (as a holder of a majority of registrable securities thereunder) consented to the registration rights that we provided to Searchlight Capital Partners, L.P. (&#8220;Searchlight&#8221;) as part of its investment in us.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">According to a Schedule 13G/A filed on February 7, 2018, and a Schedule 13D/A filed on June 6, 2019, respectively, neither Putnam Investments nor PAR hold more than </font><font style="font-family:inherit;font-size:10pt;">5%</font><font style="font-family:inherit;font-size:10pt;"> of our outstanding common stock, and as such each has ceased to be a related party. Furthermore, Mr. Sagansky ceased being a related party on June 24, 2019 when he retired from our Board. Mr. Sloan continues to be a related party.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Second Lien Amendment</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, on April 15, 2020, we entered into a Third Amendment to Securities Purchase Agreement (the &#8220;Third Amendment to Securities Purchase Agreement&#8221;) among the Company, the guarantors party thereto, and each purchaser party thereto. The Third Amendment to Securities Purchase Agreement amended the Securities Purchase Agreement, dated as of March 8, 2018, by and among the Company, Searchlight II TBO, L.P., Searchlight II TBO-W, L.P., and Cortland Capital Market Services LLC, as collateral agent, and modified the Securities Purchase Agreement, including with respect to the following terms:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:42px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The deadline for delivery of audited consolidated annual financial statements of the Company for the fiscal year ended December 31, 2019 was extended from the date that is 120 days after the end of such fiscal year until the date that is 30 days after May 15, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission), and such financial statements may be subject to a &#8220;going concern&#8221; qualification.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:42px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> The deadline for delivery of unaudited consolidated quarterly financial statements of the Company for fiscal quarter ended March 31, 2020 was extended from the date that is 60 days after the end of such fiscal quarter until the date that is 15 days after June 29, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission).</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:42px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The deadline for delivery of a consolidated budget for fiscal year 2020 in respect of such fiscal year was extended from 120 days after the end of the 2019 fiscal year until June 1, 2020. Pursuant to the Second Lien Amendment, the noteholders consented to the First Lien Amendment (as defined below) and to the transactions contemplated thereby.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:42px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Third Amendment to Securities Purchase Agreement is attached to the December 31, 2019 Annual Report on Form 10-K as </font><font style="font-family:inherit;font-size:10pt;color:#0000ff;text-decoration:underline;">Exhibit 10.22</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Subscription Receivable with Former Employee</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A former employee is party to a Secured Promissory Note dated July 15, 2011, pursuant to which the former employee agreed to pay the Company (as successor to Row 44, Inc., which is a Company subsidiary) a principal sum of approximately </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;">, plus interest thereon at a rate of </font><font style="font-family:inherit;font-size:10pt;">6%</font><font style="font-family:inherit;font-size:10pt;"> per annum. The former employee granted the Company a security interest in shares of Row 44 held by him (which Row 44 shares were subsequently converted into </font><font style="font-family:inherit;font-size:10pt;">8,956</font><font style="font-family:inherit;font-size:10pt;"> shares of the Company&#8217;s common stock) to secure his obligations to repay the loan. As of March&#160;31, 2020 and December&#160;31, 2019, the balance of the note (with interest) was approximately </font><font style="font-family:inherit;font-size:10pt;">$0.6 million</font><font style="font-family:inherit;font-size:10pt;">, which is presented as a subscription receivable. We recognize interest income on the note when earned (using the simple interest method) but have not collected any interest payments since the origination of the note. Interest income recognized by the Company during the three months ended March&#160;31, 2020 and March&#160;31, 2019 were not material. The Company has been making ongoing assessments regarding the collectability of this note and the subscription receivable balance and has been in litigation with the former employee to recover the loan and to address his allegations that we breached related settlement agreements with him in 2014 and 2015. On December 16, 2019, following trial in the Superior Court of California for the County of Los Angeles, the jury returned a verdict in favor of the Company regarding the employee&#8217;s obligation to repay the note and a mixed verdict regarding the alleged breach of two claimed settlement agreements between the parties. On February 24, 2020, the Court entered judgement deeming the Company the prevailing party in the lawsuit and, among other things, providing for a net monetary award in favor of the Company of approximately </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;">, which award represents the full value of the note and associated interest offset by the amount the employee claimed he would have saved under the purported 2015 settlement agreement. On May 6, 2020, the former employee filed a Notice of Appeal; the Company cross-appealed on June 2, 2020. In addition, the Company filed a motion for attorneys&#8217; fees in the trial court for over </font><font style="font-family:inherit;font-size:10pt;">$0.9 million</font><font style="font-family:inherit;font-size:10pt;">, which has been set for hearing on September 9, 2020. The Company will continue making assessments regarding the collectability of our monetary award as the appeals process progresses.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company accounts for a contract with a customer when an approved contract exists, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and the collectability of substantially all of the consideration is probable. Revenue is recognized as the Company satisfies performance obligations by transferring a promised good or service to a customer (see further discussion in </font><font style="font-family:inherit;font-size:10pt;color:#0000ff;text-decoration:underline;">Note 3. Revenue Recognition</font><font style="font-family:inherit;font-size:10pt;">).</font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred revenue consists substantially of amounts received from customers in advance of the Company&#8217;s performance service period and of fees deferred for future support services. Deferred revenue is recognized as revenue on a systematic basis that is proportionate to the period that the underlying services are rendered, which in a majority of arrangements is straight line over the remaining contractual term.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s management constrains the estimates to reduce the probability of a significant revenue reversal in future periods, allocates variable consideration to the identified performance obligations and recognizes revenue in the period the services are provided. Estimates are based on historical experience, anticipated future performance, market conditions and the best judgment at the time. For the three months ended March&#160;31, 2020, the Company&#8217;s estimates included management&#8217;s assumptions for the impact of&#160;COVID-19,&#160;which includes significant decline in flight levels. A significant change in one or more of these estimates could affect the estimated contract value. For example, estimates of variable revenue within certain contracts require estimation of the number of sessions or megabytes that will be purchased over the contract term and the average revenue per connectivity session, which varies based on the connectivity options available to passengers on each airline. Estimated revenue under these contracts anticipates increases in take rates over time and assumes an average revenue per session consistent with our historical experience. The estimated contract revenue may differ significantly from the initial estimates to the extent actual take rates and average revenue per session differ from the Company&#8217;s historical experience.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company accounts for a contract with a customer when an approved contract exists, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and the collectability of substantially all of the consideration is probable. Revenue is recognized as the Company satisfies performance obligations by transferring a promised good or service to a customer.</font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred revenue consists substantially of amounts received from customers in advance of the Company&#8217;s performance service period and of fees deferred for future support services. Deferred revenue is recognized as revenue on a systematic basis that is proportionate to the period that the underlying services are rendered, which in a majority of arrangements is straight line over the remaining contractual term.</font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our assessments regarding the timing of transfer of control and revenue recognition for our </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> operating segments are summarized below:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:18px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Media &amp; Content</font><font style="font-family:inherit;font-size:10pt;">&#160;&#8211; specific to the sale and/or licensing of media content and the related technical services, such as digital delivery of media advertising, encoding of video and music products, development of graphical interfaces and provision of materials, we consider control to have transferred when: (i) the content has been delivered, and (ii) the services required under the contract have been performed. Revenue recognition is dependent on the nature of the customer contract. Content licenses to customers are typically categorized into usage-based or flat fee-based fee structures. For usage-based fee structures, revenue is recognized as the usage occurs. For flat-fee based structures, revenue is recognized upon the available date of the license, typically at the beginning of each cycle, or straight-line over the license period.</font></div></td></tr></table><div style="line-height:120%;padding-left:18px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:18px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Connectivity</font><font style="font-family:inherit;font-size:10pt;"> &#8211; we provide satellite-based Internet services and related technical and network support services, as well as the physical equipment to enable connectivity. </font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(i) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">For Aviation</font><font style="font-family:inherit;font-size:10pt;">, the revenue is recognized over time as control is transferred to the customer (</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">i.e.</font><font style="font-family:inherit;font-size:10pt;"> the airline), which occurs continuously as customers receive the bandwidth services. Equipment revenue is recognized when control passes to the customer, which is at the later of shipment of the equipment to the customer or obtaining regulatory certification for the operation of such equipment, as applicable.</font></div><div style="line-height:120%;text-align:justify;padding-left:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(ii) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">For Maritime and Land</font><font style="font-family:inherit;font-size:10pt;">, revenue is recognized over time as the customer receives the bandwidth services. Equipment revenue is recognized when control passes to the customer, which is typically from shipment of the equipment to the customer. In bandwidth arrangements where the equipment is leased, equipment revenue is determined and recognized in accordance with the assessed lease classification.</font></div><div style="line-height:120%;text-align:justify;padding-left:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain of the Company&#8217;s contracts involve a revenue sharing or reseller arrangement to distribute the connectivity services. The Company assesses these services under the principal versus agent criteria and determined that the Company acts in the role of an agent and accordingly records such revenues on a net basis.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table represents a disaggregation of the Company&#8217;s revenue from contracts with customers for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenue:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Media &amp; Content</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Licensing &amp; Services</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">68,385</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,010</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Media &amp; Content</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">68,385</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,010</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Aviation Services</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,706</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31,241</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Aviation Equipment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,403</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,060</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Maritime &amp; Land Services</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,554</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39,227</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Maritime &amp; Land Equipment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,117</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,081</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Connectivity</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">75,780</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">86,609</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total revenue</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">144,165</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">166,619</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Contract Assets and Liabilities</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Aviation connectivity contracts involve performance obligations primarily relating to the delivery of equipment and services. Equipment is delivered upfront with payment due upon delivery. Services are rendered to the customer over time and are typically paid for upfront or as the services are delivered. Aviation connectivity revenue is allocated based upon standalone selling price (&#8220;SSP&#8221;). The primary method used to estimate the SSP is the expected cost-plus margin approach. When the SSP exceeds the revenue allocation, the revenue to which the Company is entitled is contingent on performing the ongoing connectivity services and the Company records a contract asset accordingly. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the significant changes in the balance for contract assets during the quarter ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font></div><div style="line-height:120%;text-align:center;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:86%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Contract Assets</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of December 31, 2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,431</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Costs deferred for revenue recognized in excess of billings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,355</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Costs included in the beginning balance recognized</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,187</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,599</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current contract assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,159</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-current contract assets</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,440</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,599</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company may invoice upfront for services recognized over time or for contracts in which it has unsatisfied performance obligations. </font><font style="font-family:inherit;font-size:10pt;">Contract payment terms are generally 30 to 45 days</font><font style="font-family:inherit;font-size:10pt;">. When the timing of invoicing differs from the timing of revenue recognition, the Company determines its contracts to include a financing component when the contractual term is for more than a year. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the significant changes in the balance for contract liabilities, included within &#8220;Other non-current liabilities&#8221; in our unaudited condensed consolidated balance sheet, during the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:87%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Contract Liabilities</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of December 31, 2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,403</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue recognized that was included in the contract liability balance at the beginning of the period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,723</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Increase due to cash received, excluding amounts recognized as revenue during the period</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,941</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,621</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred revenue, current</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,535</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred revenue, non-current</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">86</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,621</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">$956.3 million</font><font style="font-family:inherit;font-size:10pt;"> of remaining performance obligations, which it also refers to as total backlog. The Company expects to recognize approximately </font><font style="font-family:inherit;font-size:10pt;">20%</font><font style="font-family:inherit;font-size:10pt;"> of its remaining performance obligations as revenue in 2020 approximately </font><font style="font-family:inherit;font-size:10pt;">19%</font><font style="font-family:inherit;font-size:10pt;"> in 2021, </font><font style="font-family:inherit;font-size:10pt;">16%</font><font style="font-family:inherit;font-size:10pt;"> by 2022, and the remaining balance thereafter. </font><font style="font-family:inherit;font-size:10pt;">$2.7 million</font><font style="font-family:inherit;font-size:10pt;color:#212529;"> and </font><font style="font-family:inherit;font-size:10pt;color:#212529;">$3.5 million</font><font style="font-family:inherit;font-size:10pt;color:#212529;">&#160;of services revenue was recognized during the three months ended March 31, 2020 and 2019, respectively, and was included in the deferred revenue balances at the beginning of the respective period. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Accounts Receivable, net</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company extends credit to its customers from time to time. The Company maintains an allowance for doubtful accounts for estimated losses resulting from its customers&#8217; inability to make required payments. Management analyzes the age of customer balances, historical bad debt experience, customer creditworthiness and changes in customer payment terms when making estimates of the collectability of its accounts receivable balances. If management determines that the financial condition of any of its customers has deteriorated, whether due to customer specific or general economic issues, an increase in the allowance may be made. After all attempts to collect a receivable have failed, the receivable is written off.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable consist of the following (in thousands): </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March 31,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable, gross</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">91,289</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">94,995</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: Allowance for doubtful accounts</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,493</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,776</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">82,796</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">88,219</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refer to </font><font style="font-family:inherit;font-size:10pt;color:#0000ff;text-decoration:underline;">Note 8. Credit Loss Reserve and Allowances</font><font style="font-family:inherit;font-size:10pt;color:#0000ff;"> </font><font style="font-family:inherit;font-size:10pt;">for further details.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Capitalized Contract Costs</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain of the Company&#8217;s sales incentive programs meet the requirements to be capitalized as incremental costs of obtaining a contract. The Company recognizes an asset for the incremental costs if it expects the benefit of those costs to be longer than one year and amortize those costs over the expected customer life. The Company applies a practical expedient to expense costs as incurred for costs to obtain a contract when the amortization period would have been one year or less. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Additionally, the Company capitalizes assets associated with costs incurred to fulfill a contract with a customer. For example, the Company capitalizes the costs incurred to obtain necessary Supplemental Type Certificates or other customer-specific certifications for its aviation, maritime and land customers. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the significant changes in the contract assets balances during the period ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> (in thousands): </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:62%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Contract Assets</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Costs to Obtain</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Costs to Fulfill</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of December 31, 2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">387</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,256</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,643</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Capitalization during the period</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">226</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">276</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization during the period</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(29</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(104</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(133</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of March 31, 2020</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">408</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,378</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,786</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contract assets are included within Other non-current assets on the Company&#8217;s Condensed Consolidated Balance Sheets. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Practical Expedients, Policy Elections and Exemptions</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In circumstances where shipping and handling activities occur subsequent to the transfer of control, the Company has elected to treat shipping and handling as a fulfillment activity rather than a service to the customer.&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has made a policy election to exclude from the measurement of the transaction price all taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction and collected by the entity from a customer (</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">e.g</font><font style="font-family:inherit;font-size:10pt;">., sales, use, value added, and some excise taxes). </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company applies a practical expedient to expense costs as incurred for incremental costs to obtain a contract when the amortization period would have been one year or less and did not evaluate contracts of one year or less for variable consideration.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable consist of the following (in thousands): </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March 31,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable, gross</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">91,289</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">94,995</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: Allowance for doubtful accounts</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(8,493</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,776</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">82,796</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">88,219</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following weighted average common equivalent shares are excluded from the calculation of the Company&#8217;s net loss per share as their inclusion would have been anti-dilutive (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="6" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Employee stock options</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">203</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">205</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Restricted and performance stock units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">170</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">87</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.75% convertible senior notes due 2035</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">178</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">178</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contingently issuable shares </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Searchlight Penny Warrants </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">723</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">723</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Searchlight Market Warrants </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">520</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">520</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;padding-left:30px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:30px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;">(1) </font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">In connection with the Sound Recording Settlement, we are obligated to issue </font><font style="font-family:inherit;font-size:8pt;">20,000</font><font style="font-family:inherit;font-size:8pt;"> shares of our common stock to UMG when and if the closing price of our common stock exceeds </font><font style="font-family:inherit;font-size:8pt;">$250.00</font><font style="font-family:inherit;font-size:8pt;"> per share, and </font><font style="font-family:inherit;font-size:8pt;">16,000</font><font style="font-family:inherit;font-size:8pt;"> shares of our common stock to UMG when and if the closing price of our common stock exceeds </font><font style="font-family:inherit;font-size:8pt;">$300.00</font><font style="font-family:inherit;font-size:8pt;"> per share.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:30px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">On March 27, 2018, the Company issued </font><font style="font-family:inherit;font-size:8pt;">$150.0 million</font><font style="font-family:inherit;font-size:8pt;"> in aggregate principal amount of its Second Lien Notes to Searchlight, combined with two sets of warrants to acquire the Company&#8217;s common stock. For further details see Note 10. Financing Arrangements to our 2019 Form 10-K.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stock-based compensation expense related to our directors and other personnel for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;"> was as follows (in thousands):</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cost of services</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">66</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sales and marketing</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">53</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Product development</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">77</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">68</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">General and administrative</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">928</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,141</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,128</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,289</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A summary of our borrowings as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;"> is set forth below (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March 31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Senior secured term loan facility, due January 2023</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(+)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">504,680</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">506,037</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Senior secured revolving credit facility, due January 2022</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(+)(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,615</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,315</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Convertible senior notes due 2035</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">82,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">82,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Second Lien Notes, due June 2023</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">188,716</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">178,034</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other debts</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(4)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,937</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23,685</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unamortized bond discounts, fair value adjustments and issue costs, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(58,068</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(60,509</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total carrying value of debt</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">821,380</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">773,062</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: current portion, net</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(804,575</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(15,678</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total non-current</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,805</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">757,384</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(+) </sup></font><font style="font-family:inherit;font-size:8pt;">This facility is a component of the 2017 Credit Agreement.</font></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1) </sup></font><font style="font-family:inherit;font-size:8pt;">As of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, the available balance under our </font><font style="font-family:inherit;font-size:8pt;">$85.0 million</font><font style="font-family:inherit;font-size:8pt;"> Revolving Credit Facility is </font><font style="font-family:inherit;font-size:8pt;">$0.0 million</font><font style="font-family:inherit;font-size:8pt;"> (net of outstanding letters of credit). The 2017 Credit Agreement provides for the issuance of letters of credit in the amount equal to the lesser of </font><font style="font-family:inherit;font-size:8pt;">$15.0 million</font><font style="font-family:inherit;font-size:8pt;"> and the aggregate amount of the then-remaining revolving loan commitment. As of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, we had outstanding letters of credit of </font><font style="font-family:inherit;font-size:8pt;">$4.4 million</font><font style="font-family:inherit;font-size:8pt;"> under the 2017 Credit Agreement. </font></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2) </sup></font><font style="font-family:inherit;font-size:8pt;">The principal amount outstanding of the </font><font style="font-family:inherit;font-size:8pt;">2.75%</font><font style="font-family:inherit;font-size:8pt;"> convertible senior notes due 2035 (the &#8220;Convertible Notes&#8221;) as set forth in the foregoing table was </font><font style="font-family:inherit;font-size:8pt;">$82.5 million</font><font style="font-family:inherit;font-size:8pt;"> as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">. The carrying amount, net of debt issuance costs and associated discount, was </font><font style="font-family:inherit;font-size:8pt;">$71.3 million</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">$71.1 million</font><font style="font-family:inherit;font-size:8pt;"> as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:8pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3)</sup></font><font style="font-family:inherit;font-size:8pt;"> The principal amount outstanding of the second lien notes due June 30, 2023 (the &#8220;Second Lien Notes&#8221;) as set forth in the foregoing table was </font><font style="font-family:inherit;font-size:8pt;">$188.7 million</font><font style="font-family:inherit;font-size:8pt;"> as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">. The value allocated to the attached penny warrants and market warrants for financial reporting purposes was </font><font style="font-family:inherit;font-size:8pt;">$14.9 million</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">$9.3 million</font><font style="font-family:inherit;font-size:8pt;">, respectively. These qualify for classification in stockholders&#8217; equity and are included in the condensed consolidated balance sheets within &#8220;Additional paid-in capital&#8221;. </font></div><div style="line-height:120%;text-align:justify;padding-left:12px;text-indent:-12px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(4)</sup></font><font style="font-family:inherit;font-size:8pt;"> As of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, Other debts primarily consisted of (i) </font><font style="font-family:inherit;font-size:8pt;">$3.4 million</font><font style="font-family:inherit;font-size:8pt;"> remaining financed amount for transponder purchases, which was payable April 2020, and remains unpaid at filing date; and (ii) </font><font style="font-family:inherit;font-size:8pt;">$18.4 million</font><font style="font-family:inherit;font-size:8pt;"> of finance lease liability relating to an assessed right-of-use over a satellite bandwidth capacity (refer to </font><a style="font-family:inherit;font-size:8pt;" href="#sB2C21384D65D5918A0DA37E83289CD66"><font style="font-family:inherit;font-size:8pt;">Note 4. Leases</font></a><font style="font-family:inherit;font-size:8pt;"> for further details).</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table sets forth the computation of basic and diluted net loss per share of common stock. All per share amounts presented below, have been adjusted for the Reverse Stock Split. (in thousands, except per share amounts):</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31, </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss (numerator):</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss &#8211; basic and diluted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(80,925</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(37,609</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares (denominator):</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted-average shares &#8211; basic and diluted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,718</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,673</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(21.77</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10.23</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following tables summarize our financial assets and liabilities measured at fair value on a recurring basis as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">, respectively (dollar values in thousands, other than per-share values):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="18" rowspan="1"></td></tr><tr><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance Sheet Location</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">March&#160;31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Quotes Prices in Active Markets</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Level 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">&#160;Significant Other Observable Inputs</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Level 2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">&#160;Significant Other Unobservable Inputs</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Level 3)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Liabilities:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contingently issuable shares </font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(1)</sup></font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable and accrued liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">98</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">98</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Phantom stock options </font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other non-current liabilities</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">243</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">243</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">341</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">341</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="18" rowspan="1"></td></tr><tr><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance Sheet Location</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">December&#160;31, 2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Quotes Prices in Active Markets</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Level 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">&#160;Significant Other Observable Inputs</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Level 2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">&#160;Significant Other Unobservable Inputs</font></div><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(Level 3)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Liabilities:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contingently issuable shares </font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(1)</sup></font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable and accrued liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">305</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">305</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Phantom stock options </font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other non-current liabilities</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">464</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">464</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">769</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">769</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;padding-left:24px;text-indent:-24px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(1) In connection with the Sound-Recording Settlements (as described in Note 10. Commitments and Contingencies above), the Company is obligated to issue to UMG (as defined in that Note) </font><font style="font-family:inherit;font-size:8pt;">20,000</font><font style="font-family:inherit;font-size:8pt;"> shares of its common stock when and if the closing price of the Company's common stock exceeds </font><font style="font-family:inherit;font-size:8pt;">$250.00</font><font style="font-family:inherit;font-size:8pt;"> per share and an additional </font><font style="font-family:inherit;font-size:8pt;">16,000</font><font style="font-family:inherit;font-size:8pt;"> shares of common stock when and if the closing price of the Company&#8217;s common stock exceeds </font><font style="font-family:inherit;font-size:8pt;">$300.00</font><font style="font-family:inherit;font-size:8pt;"> per share. Such contingently issuable shares are classified as liabilities and are re-measured to fair value each reporting period.</font></div><div style="line-height:120%;text-align:justify;padding-left:24px;text-indent:-24px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">(2) Our cash-settled phantom stock options are accounted for as liability awards and are re-measured at fair value each reporting period with changes flowing through statement of operations. As of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, the aggregate estimated fair value of our cash-settled phantom stock options was </font><font style="font-family:inherit;font-size:8pt;">$0.2 million</font><font style="font-family:inherit;font-size:8pt;">, of which the amortized portion recognized as a liability in our condensed consolidated balance sheet was </font><font style="font-family:inherit;font-size:8pt;">$0.2 million</font><font style="font-family:inherit;font-size:8pt;">. </font></div><div style="line-height:120%;text-align:justify;padding-left:24px;text-indent:-18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table shows the carrying amounts and the fair values of our long-term debt in the condensed consolidated financial statements at </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">, respectively (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.90243902439025%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">March&#160;31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">December&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Carrying Amount</font><font style="font-family:inherit;font-size:9pt;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(7)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Fair Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Carrying Amount </font><font style="font-family:inherit;font-size:9pt;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(7)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Senior secured term loan facility, due January 2023 (+)(1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">485,405</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">317,948</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">485,166</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">454,168</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Senior secured revolving credit facility, due January 2022</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">&#160;(+)(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,615</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,615</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,315</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,315</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Convertible senior notes due 2035</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">&#160;(1)(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">71,302</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,775</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">71,126</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37,125</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Second Lien Notes, due June 2023</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(4)(5)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">161,121</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23,058</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">149,772</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99,922</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other debt</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">&#160;(6)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,937</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,937</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23,683</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23,685</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">821,380</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">450,333</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">773,062</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">658,215</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:12px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(+) </font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">This facility is a component of the 2017 Credit Agreement.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The estimated fair value is classified as Level 2 financial instrument and was determined based on quoted prices of the instrument in a similar over-the-counter market.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The estimated fair value is considered to approximate carrying value and is classified as Level 3 financial instruments. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The fair value of the </font><font style="font-family:inherit;font-size:8pt;">2.75%</font><font style="font-family:inherit;font-size:8pt;"> Convertible Notes is exclusive of the conversion feature therein, which was originally allocated for reporting purposes at </font><font style="font-family:inherit;font-size:8pt;">$13.0 million</font><font style="font-family:inherit;font-size:8pt;">, and is included in the condensed consolidated balance sheets within &#8220;Additional paid-in capital&#8221;. The principal amount outstanding of the Convertible Notes was </font><font style="font-family:inherit;font-size:8pt;">$82.5 million</font><font style="font-family:inherit;font-size:8pt;"> as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, and the carrying amount in the foregoing table reflects this outstanding principal amount net of debt issuance costs and discount associated with the equity component.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(4)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The principal amount outstanding of the Second Lien Notes, due June 2023 as set forth in the foregoing table was </font><font style="font-family:inherit;font-size:8pt;">$188.7 million</font><font style="font-family:inherit;font-size:8pt;"> as of </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, and includes </font><font style="font-family:inherit;font-size:8pt;">$38.7 million</font><font style="font-family:inherit;font-size:8pt;"> of payment-in-kind (&#8220;PIK&#8221;) interest converted to principal since debt issuance. The value allocated to the attached penny warrants and market warrants for financial reporting purposes was </font><font style="font-family:inherit;font-size:8pt;">$14.9 million</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">$9.3 million</font><font style="font-family:inherit;font-size:8pt;">, respectively. These qualify for classification in stockholders&#8217; equity and are included in the condensed consolidated balance sheets within &#8220;Additional paid-in capital&#8221; (see </font><a style="font-family:inherit;font-size:8pt;" href="#s9793466DDA8E5914B6918A4752BF306B"><font style="font-family:inherit;font-size:8pt;">Note 10. Financing Arrangements</font></a><font style="font-family:inherit;font-size:8pt;">). </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(5)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The fair value of the Second Lien Notes was determined based on a Black-Derman-Toy interest rate Lattice model. The key inputs of the valuation model contain certain Level 3 inputs. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(6)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The estimated fair value is considered to approximate carrying value given the short-term maturity and is classified as Level 3 financial instruments. For </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;">, Other debts primarily consisted of (i) </font><font style="font-family:inherit;font-size:8pt;">$3.4 million</font><font style="font-family:inherit;font-size:8pt;"> financing for transponder purchases, which was payable April 2020, and remains unpaid at filing date; and (ii) </font><font style="font-family:inherit;font-size:8pt;">$18.4 million</font><font style="font-family:inherit;font-size:8pt;"> of finance lease liability relating to an assessed right-of-use over a satellite bandwidth capacity (refer to </font><a style="font-family:inherit;font-size:8pt;" href="#sB2C21384D65D5918A0DA37E83289CD66"><font style="font-family:inherit;font-size:8pt;">Note 4. Leases</font></a><font style="font-family:inherit;font-size:8pt;"> for further details).</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:6px;"><font style="font-family:inherit;font-size:8pt;">(7)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The carrying amounts presented above at </font><font style="font-family:inherit;font-size:8pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">December&#160;31, 2019</font><font style="font-family:inherit;font-size:8pt;"> are net of </font><font style="font-family:inherit;font-size:8pt;">$58.1 million</font><font style="font-family:inherit;font-size:8pt;"> and </font><font style="font-family:inherit;font-size:8pt;">$60.5 million</font><font style="font-family:inherit;font-size:8pt;"> of unamortized bond discounts and issuance costs, respectively.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intangible assets, net consisted of the following (dollars in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2020</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted Average Useful Lives</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Gross Carrying Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accumulated Amortization</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Carrying Amount</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intangible assets:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Existing technology -- software</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.2 years</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,799</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,263</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,536</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Developed technology</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.0 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,317</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,945</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,372</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer relationships</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.7 years</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">138,358</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">95,259</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,099</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Backlog</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.0 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,300</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,300</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.1 years</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,248</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">980</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">268</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">202,022</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">152,747</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,275</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted Average Useful Lives</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Gross Carrying Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accumulated Amortization</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Net Carrying Amount</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intangible assets:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Existing technology -- software</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.2 years</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">36,799</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,487</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,312</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Developed technology</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.0 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,317</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,716</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,601</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer relationships</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.7 years</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">138,358</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">91,124</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,234</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Backlog</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.0 years</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,300</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,300</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.1 years</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,249</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">913</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">336</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">202,023</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">146,540</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">55,483</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The changes in the carrying amount of goodwill by reporting unit were as follows (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Aviation Connectivity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Maritime &amp; Land Connectivity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Media &amp; Content</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross carrying amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">98,022</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">209,130</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">83,455</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">390,607</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated impairment loss</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(44,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(187,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(231,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">54,022</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">22,130</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">83,455</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">159,607</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Impairment loss</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(22,130</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(22,130</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency translation adjustments</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(118</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(118</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance March 31, 2020</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">54,022</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">83,337</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">137,359</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross carrying amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">98,022</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">209,130</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">83,337</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">390,489</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated impairment loss</font></div><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(44,000</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(209,130</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(253,130</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance March 31, 2020</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">54,022</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">83,337</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">137,359</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The aggregate contractual maturities of all borrowings, including finance leases, subsequent to March&#160;31, 2020 were as follows (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.41520467836257%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:87%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Years Ending December 31,</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Amount</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020 (remaining nine months)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,633</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,818</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">110,564</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">633,974</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2024</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,236</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">88,223</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">879,448</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The cumulative effect adjustment from using the modified retrospective approach for the adoption of ASC 326 impacted our unaudited condensed consolidated balance sheet as of January 1, 2020 by the recognition of allowance for credit losses as summarized below:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:47%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Balances at December 31, 2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Impact of ASC 326</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Balances Following Adoption of ASC 326</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Assets</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">88,219</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(503</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">87,716</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other current assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,839</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(111</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,728</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other non-current assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27,509</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(673</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">26,836</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equity</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated deficit</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,162,901</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,287</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,164,188</font></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s total assets by segment were as follows (in thousands):</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Media &amp; Content</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">300,205</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">316,340</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">279,799</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">331,368</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total segment assets</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">580,004</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">647,708</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Corporate assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,472</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,872</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">630,476</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">668,580</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We expect to record amortization of intangible assets as follows (in thousands):</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:87%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Year ending December 31, </font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#160;&#160;</font></div></td><td colspan="3" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Amount</font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020 (remaining nine months)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,056</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,824</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,907</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,890</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2024</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,230</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">368</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,275</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, the percentage of revenue generated through this customer was as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="6" rowspan="1"></td></tr><tr><td style="width:69%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Southwest Airlines as a percentage of total revenue</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Southwest Airlines as a percentage of Connectivity revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Segment Information </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our business comprises </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> operating segments: </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:18px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Media &amp; Content: </font><font style="font-family:inherit;font-size:10pt;">selects, manages, provides lab services and distributes wholly owned and licensed media content, video and music programming, advertising, applications and interactive games to the airline, maritime and other &#8220;away from home&#8221; non-theatrical markets.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:18px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Connectivity: </font><font style="font-family:inherit;font-size:10pt;">provides customers, including their passengers, crew, remote workers and soldiers, as applicable, with (i) Wi-Fi connectivity via C, Ka and Ku-band satellite and terrestrial wireless transmissions that enable access to the Internet, live television, on-demand content, shopping and travel-related information and (ii) operational solutions that allow customers to improve the management of their internal operations and passenger service delivery. </font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our Chief Executive Officer, the Company&#8217;s CODM, evaluates financial performance and allocates resources by reviewing revenue, costs of sales and contribution profit separately for our </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> segments. Total segment gross margin provides the CODM a measure to analyze operating performance of each of the Company&#8217;s operating segments and its enterprise value against historical data and competitors&#8217; data. However, historical results may not be indicative of future results because operating performance is highly contingent on many factors, including customer tastes and preferences. All other financial information is reviewed by the CODM on a consolidated basis.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes revenue and gross margin by our reportable segments for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;"> (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenue:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Media &amp; Content -- Licensing and Services</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">68,385</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,010</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity -- Services</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">67,260</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70,468</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity -- Equipment</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,520</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,141</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total revenue</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">144,165</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">166,619</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Cost of sales:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Media &amp; Content -- Licensing and Services</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">55,556</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57,669</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity -- Services</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57,728</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">65,600</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity -- Equipment</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,523</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,925</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total cost of sales</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">120,807</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">134,194</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Gross Margin:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Media &amp; Content</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,829</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,341</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,529</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,084</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total Gross Margin</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23,358</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,425</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">70,151</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">51,515</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Loss from operations</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(46,793</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(19,090</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s total assets by segment were as follows (in thousands):</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">March&#160;31, 2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Media &amp; Content</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">300,205</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">316,340</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Connectivity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">279,799</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">331,368</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total segment assets</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">580,004</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">647,708</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Corporate assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,472</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,872</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">630,476</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">668,580</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Equity Transactions</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Shareholder Rights Plan</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 19, 2020, our Board adopted a stockholder rights plan, as set forth in a Rights Agreement between the Company and American Stock Transfer and Trust Company, LLC (the &#8220;Rights Plan&#8221;) and issued the rights contemplated thereby (the &#8220;Rights&#8221;) on March 30, 2020. The Rights Plan is intended to promote the fair and equal treatment of all of our stockholders and ensure that no person or group can gain control of us through open market accumulation or other tactics without paying a control premium and potentially disadvantaging the interest of all stockholders. The Rights Plan ensures that our Board has sufficient time to exercise its fiduciary duties to make informed judgments about the actions of third parties that may not be in the best interests of us and our stockholders. </font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In general terms, the Rights will become exercisable if a person or group becomes the beneficial owner of </font><font style="font-family:inherit;font-size:10pt;">20%</font><font style="font-family:inherit;font-size:10pt;"> or more of the Company&#8217;s outstanding Common Stock. Stockholders who beneficially owned </font><font style="font-family:inherit;font-size:10pt;">20%</font><font style="font-family:inherit;font-size:10pt;"> or more of Global Eagle&#8217;s outstanding common stock prior to the issuance of the December 31, 2019 earnings release will not trigger the exercisability of the Rights so long as they do not acquire beneficial ownership of any additional shares of common stock at a time when they still beneficially own </font><font style="font-family:inherit;font-size:10pt;">20%</font><font style="font-family:inherit;font-size:10pt;"> or more of such common stock, subject to certain exceptions as described in the Rights Plan. In the event that the Rights become exercisable due to the triggering ownership threshold being crossed, each Right will entitle its holder to purchase a number of shares of Common Stock or equivalent securities having a market value at that time of twice the Right&#8217;s purchase price. The Rights Plan is attached to the December 31, 2019 Annual Report on Form 10-K as </font><a style="font-family:inherit;font-size:10pt;" href="#s14ACD5FA95505AD691CA85669AF00E1F"><font style="font-family:inherit;font-size:10pt;">Exhibit 4.14</font></a><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Common Stock</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On April 15, 2020, the Board of Directors approved a reverse stock split of the Company&#8217;s outstanding and authorized shares of common stock at a ratio of 1-for-25 (the &#8220;Reverse Stock Split&#8221;).&#160;As a result of the Reverse Stock Split, the number of the Company&#8217;s issued and outstanding shares of common stock was decreased from </font><font style="font-family:inherit;font-size:10pt;">92,944,935</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">3,717,797</font><font style="font-family:inherit;font-size:10pt;">, all with a par value of </font><font style="font-family:inherit;font-size:10pt;">$0.0001</font><font style="font-family:inherit;font-size:10pt;">.&#160;The effective date of the Reverse Stock Split&#160;was April 16, 2020. The Reverse Stock Split affected all stockholders uniformly and did not alter any stockholder&#8217;s percentage interest in the Company&#8217;s common stock, except for adjustments that resulted from the treatment of fractional shares as follows: (i) no fractional shares were issued as a result of the Reverse Stock Split; and (ii) stockholders who would have been entitled to a fractional share as a result of the Reverse Stock Split instead received a cash payment from the transfer agent in an amount equal to the fractional share multiplied by the closing price of our common stock the day before the Reverse Stock Split became effective. All share and per share amounts presented in these financial statements, have been adjusted for this Reverse Stock Split.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">2013 Equity Plan</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under the Company&#8217;s 2013 Amended and Restated Equity Incentive Plan (as amended, the &#8220;2013 Equity Plan&#8221;), the Administrator of the Plan, which is the Compensation Committee of the Company&#8217;s Board of Directors, was able to grant up to&#160;</font><font style="font-family:inherit;font-size:10pt;">440,000</font><font style="font-family:inherit;font-size:10pt;">&#160;shares (through stock options, restricted stock, restricted stock units (&#8220;RSUs&#8221;)) (including both time-vesting and performance-based RSUs) and other incentive awards) to employees, officers, non-employee directors, and consultants. The Company ceased using the 2013 Equity Plan for new equity issuances in December 2017, upon receiving stockholder approval of the Company&#8217;s new 2017 Omnibus Long-Term Incentive Plan (as amended, the &#8220;2017 Omnibus Plan&#8221;), although the Company continues to have outstanding previously granted equity awards issued under the 2013 Equity Plan. These previously granted awards represent the right to receive </font><font style="font-family:inherit;font-size:10pt;">282,812</font><font style="font-family:inherit;font-size:10pt;"> shares of the Company&#8217;s common stock (as of January 18, 2018) if and when they later vest and/or are exercised. See &#8220;2017 Equity Plan&#8221; immediately below.</font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">2017 Equity Plan</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On December 21, 2017, the Company&#8217;s stockholders approved the 2017 Omnibus Plan. The Company had&#160;</font><font style="font-family:inherit;font-size:10pt;">83,914</font><font style="font-family:inherit;font-size:10pt;">&#160;shares remaining shares available for issuance under the 2013 Equity Plan (as of that date) and those shares rolled into the 2017 Omnibus Plan and became available for grant thereunder. The 2017 Omnibus Plan separately made available&#160;</font><font style="font-family:inherit;font-size:10pt;">260,000</font><font style="font-family:inherit;font-size:10pt;">&#160;shares of the Company&#8217;s common stock for new issuance thereunder, in addition to those rolled over from the 2013 Equity Plan. The Administrator of the 2017 Omnibus Plan, which is the Compensation Committee of the Board of Directors, may grant share awards (through stock options, restricted stock, RSUs (including both time-vesting and performance-based RSUs) and other incentive awards) to employees, officers, non-employee directors, and consultants.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On June&#160;25, 2018, the Company&#8217;s stockholders approved an amendment and restatement of the 2017 Equity Plan that increased by&#160;</font><font style="font-family:inherit;font-size:10pt;">80,000</font><font style="font-family:inherit;font-size:10pt;">&#160;the number of shares of the Company&#8217;s common stock authorized for issuance thereunder.</font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Stock Repurchase Program</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, our Board of Directors authorized a stock repurchase program under which we may repurchase up to </font><font style="font-family:inherit;font-size:10pt;">$50.0 million</font><font style="font-family:inherit;font-size:10pt;"> of our common stock. Under the stock repurchase program, we may repurchase shares from time to time using a variety of methods, which may include open-market purchases and privately negotiated transactions. The extent to which we repurchase our shares, and the timing and manner of such repurchases, will depend upon a variety of factors, including market conditions, regulatory requirements and other corporate considerations, as determined by management. We measure all potential buybacks against other potential uses of capital that may arise from time to time. The repurchase program does not obligate us to repurchase any specific number of shares, and may be suspended or discontinued at any time. We expect to finance any purchases with existing cash on hand, cash from operations and potential additional borrowings. We did not repurchase any shares of our common stock during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;">, the remaining authorization under the stock repurchase plan was </font><font style="font-family:inherit;font-size:10pt;">$44.8 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Stock-Based Compensation Expense</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stock-based compensation expense related to our directors and other personnel for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;"> was as follows (in thousands):</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cost of services</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">66</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sales and marketing</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">53</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Product development</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">77</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">68</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">General and administrative</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">928</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,141</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,128</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,289</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total stock-based compensation expense includes the revaluation adjustment related to the Company&#8217;s cash-settled phantom stock options, which are accounted for as liability awards and are re-measured at fair value each reporting period. Compensation expense is recognized over the requisite service period.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Subsequent Events</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Amendments to 2017 Credit Agreement</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On April&#160;7, 2020, the Company entered into an Eighth Amendment to 2017 Credit Agreement among the Company, the guarantors party thereto, the lenders party thereto and Citibank, N.A., as administrative agent, which modified the 2017 Credit Agreement with respect to the following terms:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">the affirmative financial reporting covenant was modified, effective March&#160;31, 2020, to extend the delivery deadline, solely with respect to such financial statements to be provided for the fiscal year ended December&#160;31, 2019 and such accompanying report and opinion from such independent registered public accounting firm, to April&#160;9, 2020. </font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On April&#160;9, 2020, the Company entered into a Ninth Amendment to 2017 Credit Agreement among the Company, the guarantors party thereto, the lenders party thereto and Citibank, N.A., as administrative agent, which modified the 2017 Credit Agreement with respect to the following terms:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">the affirmative financial reporting covenant was modified, to extend the delivery deadline, solely with respect to such financial statements to be provided for the fiscal year ended December&#160;31, 2019 and such accompanying report and opinion from such independent registered public accounting firm, to April 16, 2020.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On April 15, 2020, the Company entered into a Tenth Amendment to 2017 Credit Agreement (the &#8220;Tenth Amendment to 2017 Credit Agreement&#8221;) among the Company, the guarantors party thereto, the lenders party thereto and Citibank, N.A., as administrative agent, which modified the 2017 Credit Agreement with respect to the following terms:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:41px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The deadline for delivery of audited consolidated annual financial statements of the Company for the fiscal year ended December 31, 2019 was extended from April 16, 2020 until May 14, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission), and such financial statements may be subject to a &#8220;going concern&#8221; qualification.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:41px;text-indent:-19px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:41px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The deadline for delivery of unaudited condensed consolidated quarterly financial statements of the Company for fiscal quarter ended March 31, 2020 was extended from the date that is 45 days after the end of such fiscal quarter until June 29, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission).</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:41px;text-indent:-19px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:41px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The deadline for delivery of a consolidated budget for fiscal year 2020 in respect of such fiscal year was extended from 120 days after the end of the 2019 fiscal year until June 1, 2020.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:41px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:41px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company was not required to comply with the maximum consolidated first lien net leverage ratio for the test period ended on March 31, 2020.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:41px;text-indent:-19px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, pursuant to the Tenth Amendment to 2017 Credit Agreement, the lenders consented to the Third Amendment to Securities Purchase Agreement (described below) and to the transactions contemplated thereby. The Tenth Amendment to 2017 Credit Agreement was conditioned upon the Company being current on all interest on the loans that was due and payable immediately prior to giving effect to the Tenth Amendment to 2017 Credit Agreement, and included the following additional covenants with respect to the Company:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:41px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company agreed to furnish to advisors of the lenders (on a &#8220;professional eyes only&#8221; basis) a rolling thirteen-week budget cash flow forecast on a consolidated basis for the Company and its subsidiaries, and a material variance report for the prior week as compared to the applicable previously furnished forecast, with such forecast to be updated every four weeks and the material variance report to be distributed on a weekly basis.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:41px;text-indent:-19px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:41px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company agreed to maintain undrawn revolving commitments </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">plus </font><font style="font-family:inherit;font-size:10pt;">cash and cash equivalents of the Company and its subsidiaries in an aggregate amount of not less than </font><font style="font-family:inherit;font-size:10pt;">$17.5 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:41px;text-indent:-19px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:41px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company agreed to make senior management, and certain advisors of the Company available to participate in such conference calls as the advisors of the lenders may request to discuss the financial results and financial condition of the Company and its subsidiaries, and the Company agreed to provide such other information regarding the financial results, financial condition and business affairs of the Company and its subsidiaries as the advisors of the lenders may reasonably request.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:41px;text-indent:-19px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:41px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Within five business days of the effective date of the Tenth Amendment to 2017 Credit Agreement, the Company was required to establish an independent committee of its board of directors, consisting of at least three members, each of whom is a Qualified Independent Director (as defined therein), for the purpose of exploring financing, recapitalization, strategic transactions and other similar opportunities and transactions for the Company and its subsidiaries. An independent committee has been established per the requirements of the Tenth Amendment to 2017 Credit Agreement. Authorization by such independent committee is required in connection with the Company&#8217;s or its applicable subsidiaries&#8217; entering into any such financing, recapitalization, strategic transaction or other similar opportunity or transaction.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:41px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Amendment to Securities Purchase Agreement</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, on April 15, 2020, the Company entered into a Third Amendment to Securities Purchase Agreement (the &#8220;Third Amendment to Securities Purchase Agreement&#8221;) among the Company, the guarantors party thereto, and each purchaser party thereto. The Third Amendment to Securities Purchase Agreement amends and modifies the Securities Purchase Agreement, including with respect to the following terms:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:41px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The deadline for delivery of audited consolidated annual financial statements of the Company for the fiscal year ended December 31, 2019 was extended from the date that is 120 days after the end of such fiscal year until the date that is 30 days after May 14, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission), and such financial statements may be subject to a &#8220;going concern&#8221; qualification.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:41px;text-indent:-19px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:41px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The deadline for delivery of unaudited consolidated quarterly financial statements of the Company for fiscal quarter ended March 31, 2020 was extended from the date that is 60 days after the end of such fiscal quarter until the date that is 15 days after June 29, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission).</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:41px;text-indent:-19px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:41px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The deadline for delivery of a consolidated budget for fiscal year 2020 in respect of such fiscal year was extended from 120 days after the end of the 2019 fiscal year until June 1, 2020. Pursuant to the Second Lien Amendment, the noteholders consented to the Tenth Amendment to 2017 Credit Agreement and to the transactions contemplated thereby.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reverse Stock Split</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On November 6, 2019, we received a letter from the Listing Qualifications staff (the &#8220;Staff&#8221;) of Nasdaq that, based upon our non-compliance with the minimum $1.00 bid price requirement for continued listing on The Nasdaq Capital Market required to maintain continued listing under the Nasdaq listing rules (the &#8220;Bid Price Rule&#8221;), our common stock would be subject to delisting from Nasdaq unless we timely requested a hearing before the Nasdaq Hearings Panel (the &#8220;Panel&#8221;). In accordance with Nasdaq&#8217;s procedures, we timely appealed Nasdaq&#8217;s determination by requesting a hearing before the Panel to seek continued listing of our common stock. The hearing was held on December 5, 2019.</font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On December 16, 2019, the Panel granted the Company&#8217;s request for continued listing of the Company&#8217;s common stock on The Nasdaq Capital Market pursuant to an initial extension through April 15, 2020 or, in certain circumstances, through May 4, 2020. On March 17, 2020, we received notification that the Panel granted a further extension through May 4, 2020 in which to regain compliance with the Bid Price Rule in light of the extreme volatility in financial markets resulting from COVID-19. </font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On April 13, 2020, we received another letter from the Staff notifying us that we were not in compliance with Nasdaq Listing Rule 5550(b)(2) (the &#8220;MVLS Rule&#8221;) for continued listing on The Nasdaq Capital Market, because the market value of our listed securities was less than $35 million for the previous 30 consecutive business days. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On April 15, 2020, the Board of Directors approved a reverse stock split of the Company&#8217;s outstanding and authorized shares of common stock at a ratio of 1-for-25 (the &#8220;Reverse Stock Split&#8221;).&#160;As a result of the Reverse Stock Split, the number of the Company&#8217;s issued and outstanding shares of common stock was decreased from </font><font style="font-family:inherit;font-size:10pt;">92,944,935</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">3,717,797</font><font style="font-family:inherit;font-size:10pt;">, all with a par value of </font><font style="font-family:inherit;font-size:10pt;">$0.0001</font><font style="font-family:inherit;font-size:10pt;">.&#160;The effective date of the Reverse Stock Split&#160;was April 16, 2020. The Reverse Stock Split affected all stockholders uniformly and did not alter any stockholder&#8217;s percentage interest in the Company&#8217;s common stock, except for adjustments that may result from the treatment of fractional shares as follows: (i) no fractional shares were issued as a result of the Reverse Stock Split; and (ii) stockholders who would have been entitled to a fractional share as a result of the Reverse Stock Split instead received a cash payment from the transfer agent in an amount equal to the fractional share multiplied by the closing price of our common stock the day before the Reverse Stock Split became effective. All amounts presented in these financial statements, have been adjusted for this Reverse Stock Split. The objective of the Reverse Stock Split was to enable us to regain compliance with the Bid Price Rule and maintain our listing on Nasdaq.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On April 30, 2020, Nasdaq notified us that we had regained compliance with the Bid Price Rule; however, we remain non-compliant with the MVLS Rule. Under the Nasdaq listing rules, we have until October 12, 2020 to regain compliance with the MVLS Rule by demonstrating that the market value of our listed securities is $35 million or more for a minimum of 10 consecutive business days. If we do not regain compliance with the MVLS Rule by the required date, we may appeal for an extension to regain compliance with no assurance that we will be successful in obtaining the extension. If we do not regain compliance by October 12, 2020 or by the extended compliance date, if applicable, Nasdaq would delist our common stock from The Nasdaq Capital Market.</font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Company Credit Rating</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On April 10, 2020, S&amp;P Global downgraded the Company&#8217;s credit to CCC-. On April 6, 2020 Moody&#8217;s downgraded the Company&#8217;s credit rating one notch from B3 to Caa2, primarily due to the impact of the COVID-19 pandemic on our operations.</font></div></div> EX-101.SCH 7 ent-20200331.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2102100 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 2402403 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2202201 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 2402404 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Impact of Adoption (Details) link:presentationLink link:calculationLink link:definitionLink 2302302 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies (Tables) link:presentationLink link:calculationLink link:definitionLink 2112100 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 2412404 - Disclosure - Commitments and Contingencies - Contingencies (Details) link:presentationLink link:calculationLink link:definitionLink 2412403 - Disclosure - Commitments and Contingencies - Other Commitments (Details) link:presentationLink link:calculationLink link:definitionLink 2412402 - Disclosure - Commitments and Contingencies - Schedule of Future Minimum Commitments (Details) link:presentationLink link:calculationLink link:definitionLink 2312301 - Disclosure - Commitments and Contingencies (Tables) link:presentationLink link:calculationLink link:definitionLink 2176100 - Disclosure - Concentrations link:presentationLink link:calculationLink link:definitionLink 2476402 - Disclosure - Concentrations (Details) link:presentationLink link:calculationLink link:definitionLink 2376301 - Disclosure - Concentrations (Tables) link:presentationLink link:calculationLink link:definitionLink 1002000 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink 1002001 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 1006000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink 1004000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink 1003000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink 1003000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink 1005000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink 2108100 - Disclosure - Credit Loss Reserve and Allowances link:presentationLink link:calculationLink link:definitionLink 2408402 - Disclosure - Credit Loss Reserve and Allowances (Details) link:presentationLink link:calculationLink link:definitionLink 2308301 - Disclosure - Credit Loss Reserve and Allowances (Tables) link:presentationLink link:calculationLink link:definitionLink 0001000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 2109100 - Disclosure - Equity Method Investments link:presentationLink link:calculationLink link:definitionLink 2409402 - Disclosure - Equity Method Investments - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2409403 - Disclosure - Equity Method Investments - Schedule of Summarized Financial Information (Details) link:presentationLink link:calculationLink link:definitionLink 2309301 - Disclosure - Equity Method Investments (Tables) link:presentationLink link:calculationLink link:definitionLink 2113100 - Disclosure - Equity Transactions link:presentationLink link:calculationLink link:definitionLink 2413402 - Disclosure - Equity Transactions - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2413403 - Disclosure - Equity Transactions - Share-Based Compensation (Details) link:presentationLink link:calculationLink link:definitionLink 2313301 - Disclosure - Equity Transactions (Tables) link:presentationLink link:calculationLink link:definitionLink 2116100 - Disclosure - Fair Value Measurements link:presentationLink link:calculationLink link:definitionLink 2416403 - Disclosure - Fair Value Measurements - Carrying Amounts and Fair Value of Long Term Debt (Details) link:presentationLink link:calculationLink link:definitionLink 2416404 - Disclosure - Fair Value Measurements - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2416402 - Disclosure - Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value (Details) link:presentationLink link:calculationLink link:definitionLink 2316301 - Disclosure - Fair Value Measurements (Tables) link:presentationLink link:calculationLink link:definitionLink 2110100 - Disclosure - Financing Arrangements link:presentationLink link:calculationLink link:definitionLink 2410404 - Disclosure - Financing Arrangements - Maturities of Long-term Debt (Details) link:presentationLink link:calculationLink link:definitionLink 2410403 - Disclosure - Financing Arrangements - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2410402 - Disclosure - Financing Arrangements - Summary of Outstanding Indebtedness (Details) link:presentationLink link:calculationLink link:definitionLink 2310301 - Disclosure - Financing Arrangements (Tables) link:presentationLink link:calculationLink link:definitionLink 2106100 - Disclosure - Goodwill link:presentationLink link:calculationLink link:definitionLink 2406402 - Disclosure - Goodwill (Details) link:presentationLink link:calculationLink link:definitionLink 2306301 - Disclosure - Goodwill (Tables) link:presentationLink link:calculationLink link:definitionLink 2114100 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 2414401 - Disclosure - Income Taxes (Details) link:presentationLink link:calculationLink link:definitionLink 2107100 - Disclosure - Intangible Assets, net link:presentationLink link:calculationLink link:definitionLink 2407403 - Disclosure - Intangible Assets, net - Amortization Expense (Details) link:presentationLink link:calculationLink link:definitionLink 2407402 - Disclosure - Intangible Assets, net - Finite-Lived Intangible Assets (Details) link:presentationLink link:calculationLink link:definitionLink 2307301 - Disclosure - Intangible Assets, net (Tables) link:presentationLink link:calculationLink link:definitionLink 2104100 - Disclosure - Leases link:presentationLink link:calculationLink link:definitionLink 2404403 - Disclosure - Leases - Narrative (Details) link:presentationLink link:calculationLink link:definitionLink 2404407 - Disclosure - Leases - Schedule of Future Minimum Lease Payments (Details) link:presentationLink link:calculationLink link:definitionLink 2404407 - Disclosure - Leases - Schedule of Future Minimum Lease Payments (Details) link:presentationLink link:calculationLink link:definitionLink 2404408 - Disclosure - Leases - Schedule of Lease Assets (Details) link:presentationLink link:calculationLink link:definitionLink 2404405 - Disclosure - Leases - Schedule of Operating Leases and Sales-Type Leases (Details) link:presentationLink link:calculationLink link:definitionLink 2404404 - Disclosure - Leases - Summary of Lease Cost (Details) link:presentationLink link:calculationLink link:definitionLink 2304301 - Disclosure - Leases (Tables) link:presentationLink link:calculationLink link:definitionLink 2404406 - Disclosure - Leases - Weighted Average Lease Term and Discount Rate (Details) link:presentationLink link:calculationLink link:definitionLink 2177100 - Disclosure - Net Results Per Share link:presentationLink link:calculationLink link:definitionLink 2477402 - Disclosure - Net Results Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 2377301 - Disclosure - Net Results Per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 2101100 - Disclosure - Overview link:presentationLink link:calculationLink link:definitionLink 2401401 - Disclosure - Overview (Details) link:presentationLink link:calculationLink link:definitionLink 2105100 - Disclosure - Property and Equipment, net link:presentationLink link:calculationLink link:definitionLink 2405403 - Disclosure - Property and Equipment, net - Deprecation Expense (Details) link:presentationLink link:calculationLink link:definitionLink 2405402 - Disclosure - Property and Equipment, net - Schedule of Property, Plant and Equipment (Details) link:presentationLink link:calculationLink link:definitionLink 2305301 - Disclosure - Property and Equipment, net (Tables) link:presentationLink link:calculationLink link:definitionLink 2111100 - Disclosure - Related Party Transactions link:presentationLink link:calculationLink link:definitionLink 2411401 - Disclosure - Related Party Transactions (Details) link:presentationLink link:calculationLink link:definitionLink 2103100 - Disclosure - Revenue Recognition link:presentationLink link:calculationLink link:definitionLink 2403404 - Disclosure - Revenue Recognition - Accounts Receivable, Net (Details) link:presentationLink link:calculationLink link:definitionLink 2403405 - Disclosure - Revenue Recognition - Capitalized Contract Costs (Details) link:presentationLink link:calculationLink link:definitionLink 2403403 - Disclosure - Revenue Recognition - Contract Asset and Liability (Details) link:presentationLink link:calculationLink link:definitionLink 2403402 - Disclosure - Revenue Recognition - Disaggregation of Revenue (Details) link:presentationLink link:calculationLink link:definitionLink 2303301 - Disclosure - Revenue Recognition (Tables) link:presentationLink link:calculationLink link:definitionLink 2115100 - Disclosure - Segment Information link:presentationLink link:calculationLink link:definitionLink 2415402 - Disclosure - Segment Information - Revenue and Gross Margin by Segment (Details) link:presentationLink link:calculationLink link:definitionLink 2315301 - Disclosure - Segment Information (Tables) link:presentationLink link:calculationLink link:definitionLink 2415403 - Disclosure - Segment Information - Total Assets by Segment (Details) link:presentationLink link:calculationLink link:definitionLink 2178100 - Disclosure - Subsequent Events link:presentationLink link:calculationLink link:definitionLink 2478401 - Disclosure - Subsequent Events (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 ent-20200331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 9 ent-20200331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 10 ent-20200331_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Equity Method Investments and Joint Ventures [Abstract] Equity Method Investments Equity Method Investments and Joint Ventures Disclosure [Text Block] Revenue from Contract with Customer [Abstract] Schedule of Disaggregation of Revenue Disaggregation of Revenue [Table Text Block] Schedule of Contract Assets and Liabilities Contract with Customer, Asset and Liability [Table Text Block] Schedule of Accounts Receivable and Bad Debts Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] Schedule of Capitalized Contract Cost Activity Capitalized Contract Cost [Table Text Block] Commitments and Contingencies Disclosure [Abstract] Commitments and Contingencies Commitments and Contingencies Disclosure [Text Block] Fair Value Disclosures [Abstract] Fair Value, Recurring and Nonrecurring [Table] Fair Value, Recurring and Nonrecurring [Table] Investment, Name [Axis] Investment, Name [Axis] Investment, Name [Domain] Investment, Name [Domain] Wireless Maritime Services Wireless Maritime Services [Member] Wireless Maritime Services [Member] Santander Santander [Member] Santander [Member] Segments [Axis] Segments [Axis] Segments [Domain] Segments [Domain] Maritime & Land Connectivity Maritime & Land Connectivity [Member] Maritime & Land Connectivity [Member] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Goodwill impairment Goodwill, Impairment Loss Other than temporary impairment charge Equity Method Investment, Other than Temporary Impairment Statement of Financial Position [Abstract] ASSETS Assets [Abstract] CURRENT ASSETS: Assets, Current [Abstract] Cash and cash equivalents Cash and Cash Equivalents, at Carrying Value Restricted cash Restricted Cash and Cash Equivalents, Current Accounts receivable, net Accounts Receivable, after Allowance for Credit Loss, Current Inventories, net Inventory, Net Prepaid expenses Prepaid Expense, Current Other current assets Other Assets, Current TOTAL CURRENT ASSETS Assets, Current Content library Long Term Investments, Content Library Long Term Investments, Content Library Property and equipment, net Property, Plant and Equipment, Net Right-of-use assets, net Operating Lease and Finance Lease Right of Use Asset Operating Lease and Finance Lease Right of Use Asset Goodwill Goodwill Intangible assets, net Intangible Assets, Net (Excluding Goodwill) Equity method investments Equity Method Investments Other non-current assets Other Assets, Noncurrent TOTAL ASSETS Assets LIABILITIES AND STOCKHOLDERS’ DEFICIT Liabilities and Equity [Abstract] CURRENT LIABILITIES: Liabilities, Current [Abstract] Accounts payable and accrued liabilities Accounts Payable and Accrued Liabilities, Current Deferred revenue Contract with Customer, Liability, Current Current portion of long-term debt and finance leases Long-term Debt and Lease Obligation, Current Current portion of operating lease liabilities Operating Lease, Liability, Current Other current liabilities Other Liabilities, Current TOTAL CURRENT LIABILITIES Liabilities, Current Deferred revenue, non-current Contract with Customer, Liability, Noncurrent Long-term debt and finance leases Long-term Debt and Lease Obligation Long-term operating lease liabilities Operating Lease, Liability, Noncurrent Deferred tax liabilities Deferred Income Tax Liabilities, Net Other non-current liabilities Other Liabilities, Noncurrent TOTAL LIABILITIES Liabilities COMMITMENTS AND CONTINGENCIES Commitments and Contingencies STOCKHOLDERS’ DEFICIT: Equity [Abstract] Preferred stock, $0.0001 par value; 1,000,000 shares authorized, no shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively Preferred Stock, Value, Outstanding Common stock, $0.0001 par value; 375,000,000 shares authorized, 3,989,188 and 3,837,920 shares issued, 3,867,043 and 3,715,775 shares outstanding, at March 31, 2020 and December 31, 2019, respectively Common Stock, Value, Issued Treasury stock, 122,145 shares at March 31, 2020 and December 31, 2019 Treasury Stock, Value Additional paid-in capital Additional Paid in Capital Subscriptions receivable Stockholders' Equity Note, Subscriptions Receivable Accumulated deficit Retained Earnings (Accumulated Deficit) Accumulated other comprehensive loss Accumulated Other Comprehensive Income (Loss), Net of Tax TOTAL STOCKHOLDERS’ DEFICIT Stockholders' Equity Attributable to Parent TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT Liabilities and Equity Segment Reporting [Abstract] Schedule of Segment Reporting Information, by Segment [Table] Schedule of Segment Reporting Information, by Segment [Table] Consolidation Items [Axis] Consolidation Items [Axis] Consolidation Items [Domain] Consolidation Items [Domain] Operating Segments Operating Segments [Member] Corporate Corporate, Non-Segment [Member] Segments [Axis] Segments [Domain] Media & Content Content [Member] Content [Member] Connectivity Aviation Connectivity [Member] Aviation Connectivity [Member] Segment Reporting Information [Line Items] Segment Reporting Information [Line Items] Total assets Fair Value Measurements Fair Value Disclosures [Text Block] Leases [Abstract] Amortization of right-of-use asset, net of lease incentive and contract liability credits Finance Lease, Right-of-Use Asset, Amortization Interest accretion on finance lease liabilities Finance Lease, Interest Expense Total lease cost Lease, Cost Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] Accounting Policies [Abstract] Schedule of Long-term Debt Instruments [Table] Schedule of Long-term Debt Instruments [Table] Long-term Debt, Type [Axis] Long-term Debt, Type [Axis] Long-term Debt, Type [Domain] Long-term Debt, Type [Domain] Convertible senior notes Convertible Debt [Member] Statistical Measurement [Axis] Statistical Measurement [Axis] Statistical Measurement [Domain] Statistical Measurement [Domain] Minimum Minimum [Member] Maximum Maximum [Member] Financial Instrument [Axis] Financial Instrument [Axis] Financial Instruments [Domain] Financial Instruments [Domain] Corporate Debt Securities Corporate Debt Securities [Member] Subsequent Event Type [Axis] Subsequent Event Type [Axis] Subsequent Event Type [Domain] Subsequent Event Type [Domain] Subsequent Event Subsequent Event [Member] Debt Instrument [Axis] Debt Instrument [Axis] Debt Instrument, Name [Domain] Debt Instrument, Name [Domain] Revolving Credit Facility Revolving Credit Facility [Member] Debt Instrument [Line Items] Debt Instrument [Line Items] Cash and cash equivalents Cash And Cash Equivalents, Including Investments Cash And Cash Equivalents, Including Investments Debt outstanding Notes Payable Draw down of revolving credit facility Proceeds from Issuance of Secured Debt Net cash used in operations Net Cash Provided by (Used in) Operating Activities Cash paid for interest Interest Paid, Excluding Capitalized Interest, Operating Activities Decrease (increase) in working capital Increase (Decrease) In Working Capital Increase (Decrease) In Working Capital Working capital Working Capital Working Capital Stated interest rate Debt Instrument, Interest Rate, Stated Percentage Equity method investment, ownership percentage Equity Method Investment, Ownership Percentage Ownership by third party (as a percent) Equity Method Investment, Ownership Percentage Of Third Party Equity Method Investment, Ownership Percentage Of Third Party Board of directors, voting members Board Of Directors, Voting Members Board Of Directors, Voting Members Board of directors, voting members, number appointed by third party Board of Directors, Voting Members, Number Appointed By Third Party Board of Directors, Voting Members, Number Appointed By Third Party Board of directors, voting members, number appointed by company Board of Directors, Voting Members, Number Appointed By Company Board of Directors, Voting Members, Number Appointed By Company Payments for held to maturity debt securities Payments to Acquire Held-to-maturity Securities Debt securities, held-to-maturity, maturity range Debt Securities, Held-to-Maturity, Maturity Range Debt Securities, Held-to-Maturity, Maturity Range Investment in held-to-maturity debt securities Debt Securities, Held-to-maturity, Current Other Commitments [Table] Other Commitments [Table] Product and Service [Axis] Product and Service [Axis] Product and Service [Domain] Product and Service [Domain] Movie License and Internet Protocol Television (“IPTV”) Commitments Movie License and Internet Protocol Television (“IPTV”) Commitments [Member] Movie License and Internet Protocol Television (“IPTV”) Commitments [Member] Satellite Service Provider Satellite Service Provider [Member] Satellite Service Provider [Member] Other Commitments [Line Items] Other Commitments [Line Items] 2020 (remaining nine months) Other Commitments, Future Minimum Payments, Remainder of Fiscal Year 2021 Other Commitment, Due in Second Year 2022 Other Commitment, Due in Third Year 2023 Other Commitment, Due in Fourth Year 2024 Other Commitment, Due in Fifth Year Thereafter Other Commitment, Due after Fifth Year Total Other Commitment Schedule of Share-based Compensation Expense Allocation Share-based Payment Arrangement, Cost by Plan [Table Text Block] Lessee, Lease, Description [Table] Lessee, Lease, Description [Table] Property, Plant and Equipment, Type [Axis] Property, Plant and Equipment, Type [Axis] Property, Plant and Equipment, Type [Domain] Property, Plant and Equipment, Type [Domain] Real Estate Real Estate [Member] Co-Location Co Location Properties [Member] Co Location Properties [Member] Satellite Capacity Leases Satellite Capacity Leases [Member] Satellite Capacity Leases [Member] Lessee, Lease, Description [Line Items] Lessee, Lease, Description [Line Items] Cash paid for amounts included in the measurement of operating lease liabilities Operating Lease, Payments Cash paid for amounts included in the measurement of finance lease liabilities Finance Lease Payments Finance Lease Payments Right-of-use-assets obtained in exchange for finance lease obligations Right-of-Use Asset Obtained in Exchange for Finance Lease Liability Weighted average remaining lease term -- operating leases Operating Lease, Weighted Average Remaining Lease Term Weighted average remaining lease term -- finance lease Finance Lease, Weighted Average Remaining Lease Term Weighted average IBR - operating lease (as a percent) Operating Lease, Weighted Average Discount Rate, Percent Weighted average IBR -- finance lease (as a percent) Finance Lease, Weighted Average Discount Rate, Percent Income Tax Disclosure [Abstract] Income Taxes Income Tax Disclosure [Text Block] Stockholders' Equity Attributable to Parent [Abstract] Statement [Table] Statement [Table] Equity Components [Axis] Equity Components [Axis] Equity Component [Domain] Equity Component [Domain] Common Stock Common Stock [Member] Treasury Stock Treasury Stock [Member] Additional Paid-in Capital Additional Paid-in Capital [Member] Subscriptions Receivable Subscriptions [Member] Subscriptions [Member] Accumulated Deficit Retained Earnings [Member] Accumulated Other Comprehensive Loss AOCI Attributable to Parent [Member] Statement [Line Items] Statement [Line Items] Increase (Decrease) in Stockholders' Equity [Roll Forward] Increase (Decrease) in Stockholders' Equity [Roll Forward] Beginning balance (in shares) Common Stock, Shares, Outstanding Beginning balance Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest Restricted stock units vested and distributed, net of tax (in shares) Restricted Stock, Shares Issued Net of Shares for Tax Withholdings Restricted stock units vested and distributed, net of tax Restricted Stock, Value, Shares Issued Net of Tax Withholdings Stock-based compensation APIC, Share-based Payment Arrangement, Increase for Cost Recognition Net loss Net Income (Loss) Attributable to Parent Impact of adoption of ASU 2016-02 Cumulative Effect of New Accounting Principle in Period of Adoption Tax effect relating to the beneficial conversion feature of Second Lien Notes Adjustments to Additional Paid in Capital, Convertible Debt with Conversion Feature Unrealized foreign currency translation adjustments Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax Ending balance (in shares) Ending balance Loss Contingencies [Table] Loss Contingencies [Table] Loss Contingency Nature [Axis] Loss Contingency Nature [Axis] Loss Contingency, Nature [Domain] Loss Contingency, Nature [Domain] Within 14 Days of Execution of Settlement Agreement Payment Terms One [Member] Payment Terms One [Member] On or Before each of December 31, 2019, June 30, 2020, and June 30, 2021 Payment Terms Two [Member] Payment Terms Two [Member] On or before June 30, 2022 Payment Terms Three [Member] Payment Terms Three [Member] Contingent Consideration by Type [Axis] Contingent Consideration by Type [Axis] Contingent Consideration Type [Domain] Contingent Consideration Type [Domain] Price Per Share Scenario One Price Per Share Scenario One [Member] Price Per Share Scenario One [Member] Price Per Share Scenario Two Price Per Share Scenario Two [Member] Price Per Share Scenario Two [Member] Litigation Status [Axis] Litigation Status [Axis] Litigation Status [Domain] Litigation Status [Domain] Settled litigation Settled Litigation [Member] Pending Litigation Pending Litigation [Member] Litigation Case [Axis] Litigation Case [Axis] Litigation Case [Domain] Litigation Case [Domain] UMG Recordings UMG Recordings [Member] UMG Recordings [Member] BMG Rights Management (US) LLC BMG Rights Management (US) LLC [Member] BMG Rights Management (US) LLC [Member] SwiftAir, LLC SwiftAir, LLC [Member] SwiftAir, LLC [Member] Loss Contingencies [Line Items] Loss Contingencies [Line Items] Paid to American in settlement of lawsuit Payments for Legal Settlements Stock issued for legal settlements (in shares) Stock Issued During Period, Shares, Issued For Legal Settlements Stock Issued During Period, Shares, Issued For Legal Settlements Stock issued during period, litigation (in shares) Stock Issued During Period, Shares, New Issues Share price (in usd per share) Share Price Payment for lawsuit settlement Loss Contingency, Loss in Period Loss contingency Loss Contingency Accrual Damages sought Loss Contingency, Damages Sought, Value Fees paid Loss Contingencies, Loss In Period, Fees Loss Contingencies, Loss In Period, Fees Costs paid Loss Contingency, Loss In Period, Costs Loss Contingency, Loss In Period, Costs Schedule of Financial Information for Equity Method Investments Equity Method Investments [Table Text Block] Goodwill and Intangible Assets Disclosure [Abstract] Goodwill Goodwill and Intangible Assets Disclosure [Text Block] Debt Disclosure [Abstract] Schedule of Indebtedness Schedule of Debt [Table Text Block] Schedule of Maturities of Long-term Debt Schedule of Maturities of Long-term Debt [Table Text Block] Capitalized Contract Cost [Table] Capitalized Contract Cost [Table] Capitalized Contract Cost [Axis] Capitalized Contract Cost [Axis] Capitalized Contract Cost [Domain] Capitalized Contract Cost [Domain] Costs to Obtain Contract Obtainment Costs [Member] Contract Obtainment Costs [Member] Costs to Fulfill Contract Fulfillment Costs [Member] Contract Fulfillment Costs [Member] Capitalized Contract Cost [Line Items] Capitalized Contract Cost [Line Items] Beginning balance Capitalized Contract Cost, Net Capitalization during period Capitalized Contract Cost Recorded Capitalized Contract Cost Recorded Amortization Capitalized Contract Cost, Amortization Ending balance Credit Loss [Abstract] Financing Receivable, Allowance for Credit Loss [Table] Financing Receivable, Allowance for Credit Loss [Table] Customer [Axis] Customer [Axis] Customer [Domain] Customer [Domain] International Airline Partner International Airline Partner [Member] International Airline Partner [Member] Other Airline Partner Other Airline Partner [Member] Other Airline Partner [Member] Cumulative Effect, Period Of Adoption [Axis] Cumulative Effect, Period Of Adoption [Axis] Cumulative Effect, Period Of Adoption [Axis] Cumulative Effect, Period Of Adoption [Domain] Cumulative Effect, Period Of Adoption [Domain] [Domain] for Cumulative Effect, Period Of Adoption [Axis] Cumulative Effect, Period Of Adoption, Adjustment Cumulative Effect, Period Of Adoption, Adjustment [Member] Cumulative Effect, Period Of Adoption, Adjustment [Member] Financing Receivable, Allowance for Credit Loss [Line Items] Financing Receivable, Allowance for Credit Loss [Line Items] Number of segments Number of Reportable Segments Accounts Receivable, Allowance for Credit Loss [Roll Forward] Accounts Receivable, Allowance for Credit Loss [Roll Forward] Beginning balance Accounts Receivable, Allowance for Credit Loss Current-period provision for expected credit losses(1) Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease) Write-offs and dispositions Accounts Receivable, Allowance for Credit Loss, Writeoff Foreign currency rate changes Accounts Receivable, Allowance For Credit Loss, Foreign Currency Exchange Gain (Loss) Accounts Receivable, Allowance For Credit Loss, Foreign Currency Exchange Gain (Loss) Ending balance Prepaid and Other Current Assets Contract With Customer, Asset, Allowance For Credit Loss, Current [Roll Forward] Contract With Customer, Asset, Allowance For Credit Loss, Current [Roll Forward] Beginning balance Contract With Customer, Asset, Allowance For Credit Loss, Current Contract With Customer, Asset, Allowance For Credit Loss, Current Current-period provision for expected credit losses(1) Contract With Customer, Asset, Allowance For Credit Loss, Current, Period Increase (Decrease) Contract With Customer, Asset, Allowance For Credit Loss, Current, Period Increase (Decrease) Write-offs and dispositions Contract With Customer, Asset, Allowance For Credit Loss, Current, Writeoff Contract With Customer, Asset, Allowance For Credit Loss, Current, Writeoff Foreign currency rate changes Contract With Customer, Asset, Allowance For Credit Loss, Current, Foreign Currency Exchange Gain (Loss) Contract With Customer, Asset, Allowance For Credit Loss, Current, Foreign Currency Exchange Gain (Loss) Ending balance Other Non-Current Assets Contract With Customer, Asset, Allowance For Credit Loss, Noncurrent [Roll Forward] Contract With Customer, Asset, Allowance For Credit Loss, Noncurrent [Roll Forward] Beginning balance Contract With Customer, Asset, Allowance For Credit Loss, Noncurrent Contract With Customer, Asset, Allowance For Credit Loss, Noncurrent Current-period provision for expected credit losses(1) Contract With Customer, Asset, Allowance For Credit Loss, Noncurrent, Period Increase (Decrease) Contract With Customer, Asset, Allowance For Credit Loss, Noncurrent, Period Increase (Decrease) Write-offs and dispositions Contract With Customer, Asset, Allowance For Credit Loss, Noncurrent, Writeoff Contract With Customer, Asset, Allowance For Credit Loss, Noncurrent, Writeoff Foreign currency rate changes Contract With Customer, Asset, Allowance For Credit Loss, Noncurrent, Foreign Currency Exchange Gain (Loss) Contract With Customer, Asset, Allowance For Credit Loss, Noncurrent, Foreign Currency Exchange Gain (Loss) Ending balance Total Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss [Roll Forward] Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss [Roll Forward] Beginning balance Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss Current-period provision for expected credit losses(1) Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss, Period Increase (Decrease) Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss, Period Increase (Decrease) Write-offs and dispositions Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss, Writeoff Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss, Writeoff Foreign currency rate changes Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss, Foreign Exchange Gain (Loss) Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss, Foreign Exchange Gain (Loss) Ending balance Expected credit loss (as a percent) Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss, Percent Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss, Percent Number of customers accounting for credit loss Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss, Number Of Customers Accounts Receivable And Contract With Customer, Asset, Allowance For Credit Loss, Number Of Customers Income Statement [Abstract] Licensing and services License and Service [Member] Equipment Product [Member] Revenue: Revenues [Abstract] Total Revenues Revenue from Contract with Customer, Excluding Assessed Tax Cost of sales: Cost of Revenue [Abstract] Cost of sales Cost of Goods and Services Sold Gross margin Gross Profit Operating expenses: Operating Expenses [Abstract] Sales and marketing Selling and Marketing Expense Product development Research and Development Expense General and administrative Selling, General and Administrative Expense Provision for legal settlements Gain (Loss) Related to Litigation Settlement Amortization of intangible assets Amortization of Intangible Assets Total operating expenses Costs and Expenses Loss from operations Operating Income (Loss) Other (expense) income: Other Income and Expenses [Abstract] Interest expense, net Interest Income (Expense), Nonoperating, Net Income (loss) from equity method investments including impairment losses Income (Loss) from Equity Method Investments Change in fair value of derivatives Derivative, Gain (Loss) on Derivative, Net Other income (expense), net Other Nonoperating Income (Expense) Loss before income taxes Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest Income tax expense Income Tax Expense (Benefit) Net loss Net loss per share – basic and diluted (in dollars per share) Earnings Per Share, Basic and Diluted Weighted-average shares – basic and diluted Weighted Average Number of Shares Outstanding, Basic and Diluted Schedule of Goodwill Schedule of Goodwill [Table Text Block] Earnings Per Share [Abstract] Net Results Per Share Earnings Per Share [Text Block] Risks and Uncertainties [Abstract] Concentrations Concentration Risk Disclosure [Text Block] Organization, Consolidation and Presentation of Financial Statements [Abstract] Overview Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] Schedule of basic and diluted net loss per share of common stock Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method [Table Text Block] Schedule of antidilutive securities Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] Property, Plant and Equipment [Abstract] Schedule of Property, Plant and Equipment [Table] Property, Plant and Equipment [Table] Leasehold improvements Leasehold Improvements [Member] Furniture and fixtures Furniture and Fixtures [Member] Equipment Equipment [Member] Computer equipment Computer Equipment [Member] Computer software Software and Software Development Costs [Member] Automobiles Automobiles [Member] Buildings Building [Member] Albatross (Company-owned aircraft) Airplane [Member] Airplane [Member] is an Albatross airplane owned for use of demonstrating the equipment and connectivity for the Row 44 segment of the business. Satellite transponders Satellite Transponder [Member] Satellite Transponder [Member] Other Other Intangible Assets [Member] Property, Plant and Equipment [Line Items] Property, Plant and Equipment [Line Items] Gross balance Property, Plant and Equipment, Gross Accumulated depreciation Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Property and equipment, net Second Lien Credit Agreement Second Lien Credit Agreement [Member] Second Lien Credit Agreement [Member] Credit Facility [Axis] Credit Facility [Axis] Credit Facility [Domain] Credit Facility [Domain] Letters of Credit Letter of Credit [Member] 2017 Credit Agreement 2017 Credit Agreement [Member] 2017 Credit Agreement [Member] Liability Class [Axis] Liability Class [Axis] Fair Value by Liability Class [Domain] Fair Value by Liability Class [Domain] Penny Warrants Penny Warrants [Member] Penny Warrants [Member] Market Warrants Market Warrants [Member] Market Warrants [Member] Term loan facility Term Loan [Member] Term Loan [Member] Second Lien Notes, Due June 2023 Second Lien Notes, Due 2023 [Member] Second Lien Notes, Due 2023 [Member] Other debt Other Debt Obligations [Member] Line of Credit Line of Credit [Member] Transponder Equipment Financing Transponder Equipment Financing [Member] Transponder Equipment Financing [Member] Long term debt Long-term Debt, Gross Unamortized bond discounts, fair value adjustments and issue costs, net Debt Instrument, Unamortized Discount Total carrying value of debt Less: current portion, net Notes Payable, Current Total non-current Notes Payable, Noncurrent Maximum borrowing capacity Line of Credit Facility, Maximum Borrowing Capacity Line of credit, available balance Line of Credit Facility, Remaining Borrowing Capacity Letters of credit outstanding Letters of Credit Outstanding, Amount Long-term debt Long-term Debt Equity component of convertible debt Debt Instrument, Convertible, Carrying Amount of Equity Component Other long term debt Other Long-term Debt Finance lease liability Finance Lease, Liability Basis of Presentation Basis of Accounting, Policy [Policy Text Block] Revenue Recognition Revenue from Contract with Customer [Policy Text Block] Valuation of Goodwill and Intangible Assets Goodwill and Intangible Assets, Policy [Policy Text Block] Income Taxes Income Tax, Policy [Policy Text Block] Recent Accounting Pronouncements Adopted and Issued New Accounting Pronouncements, Policy [Policy Text Block] Schedules of revenue concentration Schedules of Concentration of Risk, by Risk Factor [Table Text Block] Accounts Receivable, Allowance for Credit Loss Accounts Receivable, Allowance for Credit Loss [Table Text Block] Schedule of Goodwill [Table] Schedule of Goodwill [Table] Aviation Connectivity Goodwill [Line Items] Goodwill [Line Items] Number of reporting units Number of Reporting Units Goodwill [Roll Forward] Goodwill [Roll Forward] Beginning balance Balance as of March 31, 2020 Goodwill, Gross Accumulated impairment loss Goodwill, Impaired, Accumulated Impairment Loss Impairment loss Foreign currency translation adjustments Goodwill, Foreign Currency Translation Gain (Loss) Ending balance Credit Loss Reserve and Allowances Allowance for Credit Losses [Text Block] Property and Equipment, net Property, Plant and Equipment Disclosure [Text Block] Schedule of Impact of New Accounting Pronouncements Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block] Segment Information Segment Reporting Disclosure [Text Block] Concentration Risk [Table] Concentration Risk [Table] Geographical [Axis] Geographical [Axis] Geographical [Domain] Geographical [Domain] Foreign Subsidiaries Non-US [Member] Concentration Risk Benchmark [Axis] Concentration Risk Benchmark [Axis] Concentration Risk Benchmark [Domain] Concentration Risk Benchmark [Domain] Sales Revenue Segment Revenue, Segment Benchmark [Member] Accounts Receivable Accounts Receivable [Member] Concentration Risk Type [Axis] Concentration Risk Type [Axis] Concentration Risk Type [Domain] Concentration Risk Type [Domain] Customer Concentration Risk Customer Concentration Risk [Member] Concentration Risk [Line Items] Concentration Risk [Line Items] Southwest Airlines, concentration risk, percent Concentration Risk, Percentage Lease, Cost Lease, Cost [Table Text Block] Operating Lease, Lease Income Operating Lease, Lease Income [Table Text Block] Lessee, Operating Lease, Liability, Maturity Lessee, Operating Lease, Liability, Maturity [Table Text Block] Lessor, Operating Lease, Book Value of Assets Subject to Leases Lessor Operating Lease Carrying Value of Assets Subject to Leases [Table Text Block] Lessor Operating Lease Carrying Value of Assets Subject to Leases [Table Text Block] Unrecognized tax benefits Unrecognized Tax Benefits Unrecognized tax benefits, income tax penalties and interest accrued Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued Number of operating segments Number of Operating Segments Disaggregation of Revenue [Table] Disaggregation of Revenue [Table] Licensing and services Aviation Services Aviation Services [Member] Aviation Services [Member] Aviation Equipment Aviation Equipment [Member] Aviation Equipment [Member] Maritime & Land Services Maritime and Land Services [Member] Maritime and Land Services [Member] Maritime & Land Equipment Maritime and Land Equipment [Member] Maritime and Land Equipment [Member] Disaggregation of Revenue [Line Items] Disaggregation of Revenue [Line Items] Contract with Customer, Timing of Satisfaction of Performance Obligation and Payment Contract with Customer, Timing of Satisfaction of Performance Obligation and Payment Income Statement Location [Axis] Income Statement Location [Axis] Income Statement Location [Domain] Income Statement Location [Domain] Cost of sales Cost of Sales [Member] Sales and marketing expenses Selling and Marketing Expense [Member] Product development Research and Development Expense [Member] General and administrative General and Administrative Expense [Member] Total depreciation expense Depreciation 2020 (remaining nine months) Lessee, Operating Lease, Liability, Payments, Remainder of Fiscal Year 2021 Lessee, Operating Lease, Liability, Payments, Due Year Two 2022 Lessee, Operating Lease, Liability, Payments, Due Year Three 2023 Lessee, Operating Lease, Liability, Payments, Due Year Four 2024 Lessee, Operating Lease, Liability, Payments, Due Year Five Thereafter Lessee, Operating Lease, Liability, Payments, Due after Year Five Total Future Lease Payments Lessee, Operating Lease, Liability, Payments, Due Less: Imputed interest Lessee, Operating Lease, Liability, Undiscounted Excess Amount Present Value of Lease Liabilities Operating Lease, Liability Finance Lease, Liability, Payment, Due [Abstract] Finance Lease, Liability, Payment, Due [Abstract] 2020 (remaining nine months) Finance Lease, Liability, Payments, Remainder of Fiscal Year 2021 Finance Lease, Liability, Payments, Due Year Two 2022 Finance Lease, Liability, Payments, Due Year Three 2023 Finance Lease, Liability, Payments, Due Year Four 2024 Finance Lease, Liability, Payments, Due Year Five Thereafter Finance Lease, Liability, Payments, Due after Year Five Total Future Lease Payments Finance Lease, Liability, Payment, Due Less: Imputed interest Finance Lease, Liability, Undiscounted Excess Amount Present Value of Lease Liabilities Lessor, Sales-type Lease, Description [Abstract] Lessor, Sales-type Lease, Description [Abstract] 2020 (remaining nine months) Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Remainder of Fiscal Year 2021 Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Two Years 2022 Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Three Years 2023 Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Four Years 2024 Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Five Years Thereafter Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Thereafter Total Future Lease Payments Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received Less: Imputed interest Sales-type Lease, Unguaranteed Residual Asset Net Investment in Sales-Type Leases Sales-type Lease, Net Investment in Lease Statement of Comprehensive Income [Abstract] Other comprehensive income (loss): Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] Comprehensive loss Comprehensive Income (Loss), Net of Tax, Attributable to Parent Difference between carrying amount and underlying equity Equity Method Investment, Difference Between Carrying Amount and Underlying Equity Finite lived intangible asset, weighted average useful life Acquired Finite-lived Intangible Assets, Weighted Average Useful Life Subsequent Events [Abstract] Subsequent Event Subsequent Events [Text Block] Schedule of Property, Plant and Equipment Property, Plant and Equipment [Table Text Block] Schedule of Depreciation Expense by Classification Schedule of Depreciation Expense by Classification [Table Text Block] Schedule of Depreciation Expense by Classification [Table Text Block] Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table] Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table] Services Service [Member] Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] Gross margin Other operating expenses Other Cost and Expense, Operating Schedule of Finite-Lived Intangible Assets Schedule of Finite-Lived Intangible Assets [Table Text Block] Schedule of Finite-Lived Intangible Assets, Amortization Expense Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] Reconciliation of operating profit (loss) by segment Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] Schedule of assets by segment Schedule of Segment Reporting Information, by Segment [Table Text Block] Bandwidth Operating Leases Bandwidth Operating Leases [Member] Bandwidth Operating Leases [Member] Operating lease expense Operating Lease, Expense Operating lease, remaining lease term Operating Lease, Remaining Lease Term Operating Lease, Remaining Lease Term Operating lease cost Operating Lease, Cost Document and Entity Information [Abstract] Document and Entity Information [Abstract] Entity Registrant Name Entity Central Index Key Entity Central Index Key Current Fiscal Year End Date Current Fiscal Year End Date Entity Filer Category Entity Filer Category Entity Common Shares Outstanding Entity Common Stock, Shares Outstanding Document Type Document Type Amendment Flag Amendment Flag Document Period End Date Document Period End Date Document Fiscal Period Focus Document Fiscal Period Focus Document Fiscal Year Focus Document Fiscal Year Focus Entity Small Business Entity Small Business Entity Emerging Growth Company Entity Emerging Growth Company Entity Shell Company Entity Shell Company Entity Current Reporting Status Entity Current Reporting Status Entity Interactive Data Current Entity Interactive Data Current Equity Transactions Stockholders' Equity Note Disclosure [Text Block] Revenue, Initial Application Period Cumulative Effect Transition [Table] Revenue, Initial Application Period Cumulative Effect Transition [Table] Revenue, Initial Application Period Cumulative Effect Transition [Line Items] Revenue, Initial Application Period Cumulative Effect Transition [Line Items] Change in Contract With Customer, Asset [Roll Forward] Change in Contract With Customer, Asset [Roll Forward] Change in Contract With Customer, Asset [Roll Forward] Beginning balance Contract with Customer, Asset, after Allowance for Credit Loss Contract With Customer, Asset, Revenue Recognized In Excess Of Billings Contract With Customer, Asset, Revenue Recognized In Excess Of Billings Contract With Customer, Asset, Revenue Recognized In Excess Of Billings Costs included in the beginning balance recognized Contract with Customer, Performance Obligation Satisfied in Previous Period Current contract assets Contract with Customer, Asset, Net, Current Non-current contract assets Contract with Customer, Asset, Net, Noncurrent Ending balance Contract with Customer, Liability [Roll Forward] Contract with Customer, Liability [Roll Forward] Contract with Customer, Liability [Roll Forward] Beginning balance Contract with Customer, Liability Revenue recognized that was included in the contract liability balance at the beginning of the period Contract with Customer, Liability, Revenue Recognized Increase due to cash received, excluding amounts recognized as revenue during the period Contract with Customer, Liability, Cash Received Net of Revenue Recognized Contract with Customer, Liability, Cash Received Net of Revenue Recognized Ending balance Deferred revenue, current Deferred revenue Remaining performance obligation Revenue, Remaining Performance Obligation, Amount Percent of remaining performance obligation expected to be satisfied in 2020 Revenue, Remaining Performance Obligation, Expected Recognition, Next Twelve Months, Percent Revenue, Remaining Performance Obligation, Expected Recognition, Next Twelve Months, Percent Percent of remaining performance obligation expected to be satisfied in 2021 Revenue, Remaining Performance Obligation, Expected Recognition, Year Two, Percent Revenue, Remaining Performance Obligation, Expected Recognition, Year Two, Percent Percent of remaining performance obligation expected to be satisfied in 2022 Revenue, Remaining Performance Obligation, Expected Recognition, Year Three, Percent Revenue, Remaining Performance Obligation, Expected Recognition, Years Two and Three, Percent Service revenue Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Table] Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Table] [Table] Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Table] [Table] Subordinated Debt Subordinated Debt [Member] Class of Warrant or Right [Axis] Class of Warrant or Right [Axis] Class of Warrant or Right [Domain] Class of Warrant or Right [Domain] Antidilutive Securities [Axis] Antidilutive Securities [Axis] Antidilutive Securities, Name [Domain] Antidilutive Securities, Name [Domain] Employee stock options Equity Option [Member] Restricted and performance stock units Restricted Stock Units (RSUs) [Member] 2.75% convertible senior notes due 2035 Convertible Debt Securities [Member] Contingently issuable shares Contingently Issued Common Stock [Member] Contingently Issued Common Stock [Member] Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items] Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Table] [Line Items] [Line Items] for Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Table] [Table] Net loss Net Income (Loss), Including Portion Attributable to Noncontrolling Interest Net loss per share - Diluted (in dollars per share) Earnings Per Share, Diluted Antidilutive securities excluded from computation of net income (loss) per share (in shares) Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount Shares issued in period (in shares) Proceeds from issuance of debt Proceeds from Issuance of Debt Statement of Cash Flows [Abstract] OPERATING ACTIVITIES: Net Cash Provided by (Used in) Operating Activities [Abstract] Adjustments to reconcile net loss to net cash used in operations: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Depreciation and amortization Depreciation, Depletion and Amortization, Including Valuation Adjustment Depreciation, Depletion and Amortization, Including Valuation Adjustment Amortization of right-of-use asset Operating Lease Right of Use Asset Amortization Operating Lease Right of Use Asset Amortization Amortization of content library Amortization of Advance Royalty Non-cash interest expense, net Non-cash interest income on promissory notes Non-cash interest income on promissory notes is for the non-cash interest income generated in the period. Change in fair value of derivatives Unrealized Gain (Loss) on Derivatives Stock-based compensation Share-based Payment Arrangement, Noncash Expense Impairment of goodwill Tax effect of Second Lien Notes’ beneficial conversion feature Debt Instrument Beneficial Conversion Feature Debt Instrument Beneficial Conversion Feature Loss on disposal of fixed assets Gain (Loss) on Disposition of Property Plant Equipment (Gain) loss on equity method investments including impairment losses Provision for expected credit losses Accounts Receivable, Credit Loss Expense (Reversal) Deferred income taxes Deferred Income Tax Expense (Benefit) Other non-cash adjustments Other Noncash Income (Expense) Changes in operating assets and liabilities: Increase (Decrease) in Operating Capital [Abstract] Accounts receivable Increase (Decrease) in Accounts Receivable Inventories Increase (Decrease) in Inventories Prepaid expenses and other current assets Increase (Decrease) in Prepaid Expense and Other Assets Content library Increase (Decrease) In Long-term Investments Increase (Decrease) in Long-term Investments Other non-current assets Increase (Decrease) in Other Noncurrent Assets Accounts payable and accrued liabilities Increase (Decrease) in Accounts Payable and Accrued Liabilities Deferred revenue Increase (Decrease) in Contract with Customer, Liability Other liabilities Increase (Decrease) in Other Operating Liabilities Net cash used in operating activities INVESTING ACTIVITIES: Net Cash Provided by (Used in) Investing Activities [Abstract] Purchases of property and equipment Payments to Acquire Property, Plant, and Equipment Net cash used in investing activities Net Cash Provided by (Used in) Investing Activities FINANCING ACTIVITIES: Net Cash Provided by (Used in) Financing Activities [Abstract] Proceeds from borrowings on revolving credit facility Proceeds from Lines of Credit Repayment of revolving credit facility Repayments of Long-term Lines of Credit Repayments of indebtedness Repayments of Related Party Debt Borrowings from related party Proceeds from Related Party Debt Net cash provided by financing activities Net Cash Provided by (Used in) Financing Activities Effects of exchange rate changes on cash, cash equivalents and restricted cash Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Net increase (decrease) in cash, cash equivalents and restricted cash Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect Cash, cash equivalents and restricted cash at beginning of period Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Cash, cash equivalents and restricted cash at end of period SIGNIFICANT NON-CASH ACTIVITIES: Noncash Investing and Financing Items [Abstract] Purchase consideration for equipment included in accounts payable Capital Expenditures Incurred but Not yet Paid Conversion of PIK interest on our Second Lien Notes to additional principal Paid-in-Kind Interest Financing of purchased satellite transponders included in property and equipment Financing of Purchased Equipment Financing of Purchased Equipment Schedule of Equity Method Investments [Table] Schedule of Equity Method Investments [Table] Wireless Maritime Services and Santander Wireless Maritime Services and Santander [Member] Wireless Maritime Services and Santander [Member] Schedule of Equity Method Investments [Line Items] Schedule of Equity Method Investments [Line Items] Statement of Financial Position [Abstract] Current assets Equity Method Investment, Summarized Financial Information, Current Assets Non-current assets Equity Method Investment, Summarized Financial Information, Noncurrent Assets Current liabilities Equity Method Investment, Summarized Financial Information, Current Liabilities Non-current liabilities Equity Method Investment, Summarized Financial Information, Noncurrent Liabilities Income Statement [Abstract] Revenue Equity Method Investment, Summarized Financial Information, Revenue Net income Equity Method Investment, Summarized Financial Information, Net Income (Loss) Carrying value Long-term Debt, Fiscal Year Maturity [Abstract] Long-term Debt, Fiscal Year Maturity [Abstract] 2020 (remaining nine months) Long-term Debt, Maturities, Repayments of Principal, Remainder of Fiscal Year 2021 Long-term Debt, Maturities, Repayments of Principal in Year Two 2022 Long-term Debt, Maturities, Repayments of Principal in Year Three 2023 Long-term Debt, Maturities, Repayments of Principal in Year Four 2024 Long-term Debt, Maturities, Repayments of Principal in Year Five Thereafter Long-term Debt, Maturities, Repayments of Principal after Year Five Long-term debt Equipment Financing Equipment Financing [Member] Equipment Financing [Member] Long term debt, net Fair Value Long-term Debt, Fair Value Amount outstanding Paid-in-Kind interest converted to principal Discount Intangible Assets, net Intangible Assets Disclosure [Text Block] Leases Lessee, Finance Leases [Text Block] Leases Lessor, Operating Leases [Text Block] Leases Lessee, Operating Leases [Text Block] Revenue Recognition Revenue from Contract with Customer [Text Block] Restricted cash Restricted Cash Property, Plant and Equipment [Table] Equipment Leased to Other Party Equipment Leased to Other Party [Member] Schedule of Future Minimum Contractual Commitments Contractual Obligation, Fiscal Year Maturity [Table Text Block] Financing Arrangements Debt Disclosure [Text Block] Long-term Commitment [Table] Long-Term Commitment [Table] Long-Term Commitment [Table] Long-term Commitment [Line Items] Long-Term Commitment [Line Items] [Line Items] for Long-Term Commitment [Table] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Award Type [Axis] Award Type [Axis] Award Type [Domain] Award Type [Domain] Employee Stock Option Share-based Payment Arrangement, Option [Member] Plan Name [Axis] Plan Name [Axis] Plan Name [Domain] Plan Name [Domain] Twenty Thirteen Equity Incentive Plan Twenty Thirteen Equity Incentive Plan [Member] 2013 Equity Incentive Plan [Member] Equity Incentive Plan, 2017 Twenty Seventeen Equity Incentive Plan [Member] Twenty Seventeen Equity Incentive Plan [Member] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Beneficial ownership percentage Share Repurchase Program, Covenants, Beneficial Ownership Percentage, Minimum Share Repurchase Program, Covenants, Beneficial Ownership Percentage, Minimum Reverse stock split, common stock ratio Stockholders' Equity Note, Stock Split, Conversion Ratio Common stock, shares issued Common Stock, Shares, Issued Common stock, par value (usd per share) Common Stock, Par or Stated Value Per Share Number of shares available for grant (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant Number of shares authorized (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized Stock repurchase program, authorized amount Stock Repurchase Program, Authorized Amount Stock repurchase program, remaining authorized amount Stock Repurchase Program, Remaining Authorized Repurchase Amount Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation and Significant Accounting Policies [Text Block] Schedule of Finite-Lived Intangible Assets [Table] Schedule of Finite-Lived Intangible Assets [Table] Weighted average Weighted Average [Member] Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets, Major Class Name [Domain] Finite-Lived Intangible Assets, Major Class Name [Domain] Existing technology -- software Computer Software, Intangible Asset [Member] Developed technology In Process Research and Development [Member] Customer relationships Customer Relationships [Member] Backlog Order or Production Backlog [Member] Finite-Lived Intangible Assets [Line Items] Finite-Lived Intangible Assets [Line Items] Weighted average useful lives Finite-Lived Intangible Asset, Useful Life Gross carrying value Finite-Lived Intangible Assets, Gross Accumulated amortization Finite-Lived Intangible Assets, Accumulated Amortization Total Finite-Lived Intangible Assets, Net Related Party Transactions [Abstract] Related Party Transactions Related Party Transactions Disclosure [Text Block] Lease income from operating leases Operating Lease, Lease Income Earned income on sales-type leases Sales-type Lease, Lease Income Total Licensing & Service Revenues -- Maritime & Land Connectivity Lease Income Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table] Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table] Cost of services Service Cost [Member] Service Cost [Member] Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items] Share-based compensation expense Share-based Payment Arrangement, Expense Cash-Settled Phantom Stock Options Cash-Settled Phantom Stock Options [Member] Cash-Settled Phantom Stock Options [Member] Measurement Frequency [Axis] Measurement Frequency [Axis] Measurement Frequency [Domain] Measurement Frequency [Domain] Fair Value, Measurements, Recurring Fair Value, Recurring [Member] Fair Value Hierarchy and NAV [Axis] Fair Value Hierarchy and NAV [Axis] Fair Value Hierarchy and NAV [Domain] Fair Value Hierarchy and NAV [Domain] Quotes prices in active markets (Level 1) Fair Value, Inputs, Level 1 [Member] Significant other observable inputs (Level 2) Fair Value, Inputs, Level 2 [Member] Significant other unobservable inputs (Level 3) Fair Value, Inputs, Level 3 [Member] Contingently issuable shares Contingent Consideration Classified as Equity, Fair Value Disclosure Phantom stock options Share Based Compensation, Equity Instruments Other than Options, Fair Value Disclosure Share Based Compensation, Equity Instruments Other than Options, Fair Value Disclosure Total financial liabilities Financial and Nonfinancial Liabilities, Fair Value Disclosure Phantom stock options liability Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value New Accounting Pronouncements or Change in Accounting Principle [Table] New Accounting Pronouncements or Change in Accounting Principle [Table] Cumulative Effect, Period Of Adoption, Adjusted Balance Cumulative Effect, Period Of Adoption, Adjusted Balance [Member] Cumulative Effect, Period Of Adoption, Adjusted Balance [Member] New Accounting Pronouncements or Change in Accounting Principle [Line Items] New Accounting Pronouncements or Change in Accounting Principle [Line Items] Accounts receivable Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract] Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract] 2020 (remaining nine months) Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year 2021 Finite-Lived Intangible Assets, Amortization Expense, Year Two 2022 Finite-Lived Intangible Assets, Amortization Expense, Year Three 2023 Finite-Lived Intangible Assets, Amortization Expense, Year Four 2024 Finite-Lived Intangible Assets, Amortization Expense, Year Five Thereafter Finite-Lived Intangible Assets, Amortization Expense, after Year Five Amortization of intangible assets Amortization Of Intangible Assets, Including Valuation Adjustment Amortization Of Intangible Assets, Including Valuation Adjustment Preferred stock, par value (usd per share) Preferred Stock, Par or Stated Value Per Share Preferred stock, shares authorized Preferred Stock, Shares Authorized Preferred stock, shares issued Preferred Stock, Shares Issued Preferred stock, shares outstanding Preferred Stock, Shares Outstanding Common stock, shares authorized Common Stock, Shares Authorized Common stock, shares outstanding Treasury stock, shares Treasury Stock, Shares Schedule of Related Party Transactions, by Related Party [Table] Schedule of Related Party Transactions, by Related Party [Table] Ownership [Axis] Ownership [Axis] Ownership [Domain] Ownership [Domain] Putnam Investments and PAR Putnam Investments and PAR [Member] Putnam Investments and PAR [Member] Legal Entity [Axis] Legal Entity [Axis] Entity [Domain] Entity [Domain] Row 44, Inc. Row 44, Inc. [Member] Row 44, Inc. [Member] Related Party Transaction [Axis] Related Party Transaction [Axis] Related Party Transaction [Domain] Related Party Transaction [Domain] Related Party [Axis] Related Party [Axis] Related Party [Domain] Related Party [Domain] Former Officer Former Officer [Member] Former Officer [Member] Related Party Transaction [Line Items] Related Party Transaction [Line Items] Payable to related party Notes Payable, Related Parties Interest rate Related Party Transaction, Rate Dividends receivable Dividends Receivable Purchase from related parties Related Party Transaction, Purchases from Related Party Accounts payable to related parties Accounts Payable, Related Parties, Current Common stock converted (as a percent) Related Party Transaction, Maximum Amount Of Common Stock Allowed, Percentage Related Party Transaction, Maximum Amount Of Common Stock Allowed, Percentage Common stock, value, subscriptions Common Stock, Value, Subscriptions Common stock converted (in shares) Related Party Transaction, Subscription Receivable, Shares Converted, Number Related Party Transaction, Subscription Receivable, Shares Converted, Number Net monetary award in favor of the Company Litigation Settlement, Amount Awarded from Other Party Accounts receivable, gross Accounts Receivable, before Allowance for Credit Loss Less: Allowance for doubtful accounts Accounts receivable, net Accounts Receivable, after Allowance for Credit Loss Subsequent Event [Table] Subsequent Event [Table] Subsequent Event [Line Items] Subsequent Event [Line Items] Minimum amount of debt and cash required (not less than) Debt Instrument, Covenant, Minimum Amount of Outstanding Debt And Cash and Cash Equivalents Debt Instrument, Covenant, Minimum Amount of Outstanding Debt And Cash and Cash Equivalents EX-101.PRE 11 ent-20200331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 12 geelogoa59.jpg begin 644 geelogoa59.jpg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end XML 13 R1.htm IDEA: XBRL DOCUMENT v3.20.2
Document and Entity Information - shares
3 Months Ended
Mar. 31, 2020
Jun. 30, 2020
Document and Entity Information [Abstract]    
Entity Registrant Name Global Eagle Entertainment Inc.  
Entity Central Index Key 0001512077  
Current Fiscal Year End Date --12-31  
Entity Filer Category Non-accelerated Filer  
Entity Common Shares Outstanding   3,753,807
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Mar. 31, 2020  
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2020  
Entity Small Business true  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
XML 14 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 54,193 $ 23,964
Restricted cash 703 498
Accounts receivable, net 82,796 88,219
Inventories, net 25,343 26,695
Prepaid expenses 4,698 6,753
Other current assets 12,121 12,839
TOTAL CURRENT ASSETS 179,854 158,968
Content library 4,437 3,645
Property and equipment, net 132,769 145,295
Right-of-use assets, net 35,614 39,187
Goodwill 137,359 159,607
Intangible assets, net 49,275 55,483
Equity method investments 64,300 78,886
Other non-current assets 26,868 27,509
TOTAL ASSETS 630,476 668,580
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 188,513 178,930
Deferred revenue 9,535 12,317
Current portion of long-term debt and finance leases 804,575 15,678
Current portion of operating lease liabilities 7,169 8,319
Other current liabilities 10,090 7,081
TOTAL CURRENT LIABILITIES 1,019,882 222,325
Deferred revenue, non-current 86 86
Long-term debt and finance leases 16,805 757,384
Long-term operating lease liabilities 21,739 23,636
Deferred tax liabilities 4,019 5,894
Other non-current liabilities 23,796 34,409
TOTAL LIABILITIES 1,086,327 1,043,734
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ DEFICIT:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, no shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 0 0
Common stock, $0.0001 par value; 375,000,000 shares authorized, 3,989,188 and 3,837,920 shares issued, 3,867,043 and 3,715,775 shares outstanding, at March 31, 2020 and December 31, 2019, respectively 10 10
Treasury stock, 122,145 shares at March 31, 2020 and December 31, 2019 (30,659) (30,659)
Additional paid-in capital 820,239 818,961
Subscriptions receivable (597) (597)
Accumulated deficit (1,245,113) (1,162,901)
Accumulated other comprehensive loss 269 32
TOTAL STOCKHOLDERS’ DEFICIT (455,851) (375,154)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 630,476 $ 668,580
XML 15 R3.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares
Mar. 31, 2020
Dec. 31, 2019
Statement of Financial Position [Abstract]    
Preferred stock, par value (usd per share) $ 0.0001 $ 0.0001
Preferred stock, shares authorized 1,000,000 1,000,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common stock, par value (usd per share) $ 0.0001 $ 0.0001
Common stock, shares authorized 375,000,000 375,000,000
Common stock, shares issued 3,989,188 3,837,920
Common stock, shares outstanding 3,867,043 3,715,775
Treasury stock, shares 122,145 122,145
XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue:    
Total Revenues $ 144,165 $ 166,619
Cost of sales:    
Cost of sales 120,807 134,194
Gross margin 23,358 32,425
Operating expenses:    
Sales and marketing 5,340 8,249
Product development 5,963 6,979
General and administrative 30,576 27,980
Provision for legal settlements 0 508
Amortization of intangible assets 6,142 7,799
Goodwill impairment 22,130 0
Total operating expenses 70,151 51,515
Loss from operations (46,793) (19,090)
Other (expense) income:    
Interest expense, net (22,587) (21,277)
Income (loss) from equity method investments including impairment losses (10,858) 2,129
Change in fair value of derivatives 207 938
Other income (expense), net 232 (179)
Loss before income taxes (79,799) (37,479)
Income tax expense 1,126 130
Net loss $ (80,925) $ (37,609)
Net loss per share – basic and diluted (in dollars per share) $ (21.77) $ (10.23)
Weighted-average shares – basic and diluted 3,718 3,673
Licensing and services    
Revenue:    
Total Revenues $ 135,645 $ 150,478
Cost of sales:    
Cost of sales 113,284 123,269
Equipment    
Revenue:    
Total Revenues 8,520 16,141
Cost of sales:    
Cost of sales $ 7,523 $ 10,925
XML 17 R5.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Statement of Comprehensive Income [Abstract]    
Net loss $ (80,925) $ (37,609)
Other comprehensive income (loss):    
Unrealized foreign currency translation adjustments 237 233
Comprehensive loss $ (80,688) $ (37,376)
XML 18 R6.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Subscriptions Receivable
Accumulated Deficit
Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Dec. 31, 2018   3,793,000 (122,000)        
Beginning balance at Dec. 31, 2018 $ (226,335) $ 10 $ (30,659) $ 814,488 $ (597) $ (1,009,458) $ (119)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Restricted stock units vested and distributed, net of tax (in shares)   45,000          
Restricted stock units vested and distributed, net of tax (117)     (117)      
Stock-based compensation 2,389     2,389      
Net loss (37,609)         (37,609)  
Tax effect relating to the beneficial conversion feature of Second Lien Notes (2,688)     (2,688)      
Unrealized foreign currency translation adjustments 233           233
Ending balance (in shares) at Mar. 31, 2019   3,838,000 (122,000)        
Ending balance at Mar. 31, 2019 $ (264,127) $ 10 $ (30,659) 814,072 (597) (1,047,067) 114
Beginning balance (in shares) at Dec. 31, 2019 3,715,775 3,838,000 (122,000)        
Beginning balance at Dec. 31, 2019 $ (375,154) $ 10 $ (30,659) 818,961 (597) (1,162,901) 32
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Restricted stock units vested and distributed, net of tax (in shares)   29,000          
Restricted stock units vested and distributed, net of tax (61)     (61)      
Stock-based compensation 1,339     1,339      
Net loss (80,925)         (80,925)  
Unrealized foreign currency translation adjustments $ 237           237
Ending balance (in shares) at Mar. 31, 2020 3,867,043 3,867,000 (122,000)        
Ending balance at Mar. 31, 2020 $ (455,851) $ 10 $ (30,659) $ 820,239 $ (597) $ (1,245,113) $ 269
XML 19 R7.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
OPERATING ACTIVITIES:    
Net loss $ (80,925) $ (37,609)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation and amortization 19,712 21,952
Amortization of right-of-use asset 1,933 0
Amortization of content library 2,134 1,974
Non-cash interest expense, net 7,953 6,868
Change in fair value of derivatives (207) (938)
Stock-based compensation 1,128 1,289
Impairment of goodwill 22,130 0
Tax effect of Second Lien Notes’ beneficial conversion feature 0 (2,688)
Loss on disposal of fixed assets 453 164
(Gain) loss on equity method investments including impairment losses 10,858 (2,129)
Provision for expected credit losses 2,987 393
Deferred income taxes (1,870) (8)
Other non-cash adjustments (2,138) 1,347
Changes in operating assets and liabilities:    
Accounts receivable 1,149 (9,567)
Inventories 3,489 416
Prepaid expenses and other current assets 6,448 (2,979)
Content library (2,768) (647)
Other non-current assets 522 (7,310)
Accounts payable and accrued liabilities 9,616 9,473
Deferred revenue (2,782) 727
Other liabilities (3,512) 9,041
Net cash used in operating activities (3,690) (10,231)
INVESTING ACTIVITIES:    
Purchases of property and equipment (1,477) (9,083)
Net cash used in investing activities (1,477) (9,083)
FINANCING ACTIVITIES:    
Proceeds from borrowings on revolving credit facility 44,300 17,900
Repayment of revolving credit facility (7,000) (21,000)
Repayments of indebtedness (2,070) (3,324)
Borrowings from related party 0 7,350
Net cash provided by financing activities 35,230 926
Effects of exchange rate changes on cash, cash equivalents and restricted cash 371 265
Net increase (decrease) in cash, cash equivalents and restricted cash 30,434 (18,123)
Cash, cash equivalents and restricted cash at beginning of period 24,462 39,955
Cash, cash equivalents and restricted cash at end of period 54,896 21,832
SIGNIFICANT NON-CASH ACTIVITIES:    
Purchase consideration for equipment included in accounts payable 195 2,481
Conversion of PIK interest on our Second Lien Notes to additional principal 10,682 9,507
Financing of purchased satellite transponders included in property and equipment $ 0 $ 8,500
XML 20 R8.htm IDEA: XBRL DOCUMENT v3.20.2
Overview
3 Months Ended
Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Overview
Overview

Global Eagle Entertainment Inc. is a Delaware corporation headquartered in Los Angeles, California. Global Eagle (together with its subsidiaries, “Global Eagle” or the “Company”, “we”, “us” or “our”) is a leading provider of media and satellite-based connectivity to fast-growing, global mobility markets across air, land and sea. Global Eagle offers a fully integrated suite of rich media content and seamless connectivity solutions around the globe.

Our Chief Executive Officer, the Company’s chief operating decision-maker (“CODM”), evaluates financial performance and allocates resources by reviewing revenue, costs of sales and contribution profit separately for our two operating segments: (i) Media & Content, and (ii) Connectivity.

The Company’s Annual Report on Form 10-K for the year ended December 31, 2019 (the “Annual Report”) included the Company’s conclusion that, factors evaluated by the Company, including historical losses and negative cash flows from operations, government and industry-imposed travel restrictions in the aviation and maritime industries the Company services, ability to maintain and meet debt covenants in future periods, and the Company’s ability to satisfy existing debt obligations and paydown past due accounts payable over the next year, raised substantial doubt as to the Company’ ability to continue as a going concern for a period within 12 months following May 15, 2020. In the Annual Report, the Company’s independent auditors also included a “going concern” explanatory paragraph in their report as of and for the year ended December 31, 2019. As a result, the Company was required to seek covenant amendments from its lenders as well as temporary deferral of principal and interest payments. Please refer to Note 2. Basis of Presentation and Summary of Significant Accounting Policies for the Company’s going concern assessment with respect to the quarter ended March 31, 2020 and additional details on covenant compliance and amendments.
XML 21 R9.htm IDEA: XBRL DOCUMENT v3.20.2
Basis of Presentation and Summary of Significant Accounting Policies
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Basis of Presentation and Summary of Significant Accounting Policies
Basis of Presentation and Summary of Significant Accounting Policies

The following is a summary of the significant accounting policies consistently applied in the preparation of the accompanying unaudited condensed consolidated financial statements.

Basis of Presentation
In the opinion of the Company's management, the unaudited interim condensed consolidated financial statements have been prepared on the same basis as the Company's audited consolidated financial statements for the year ended December 31, 2019, and include normal recurring adjustments necessary for the fair presentation of the Company's interim unaudited condensed consolidated financial statements for the three months ended March 31, 2020. The results for the three months ended March 31, 2020 are not necessarily indicative of the results expected for the full 2020 fiscal year. The consolidated balance sheet as of December 31, 2019 has been derived from the Company's audited balance sheet included in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on May 15, 2020 (the "2019 Form 10-K").

The interim unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to SEC Form 10-Q and Article 10 of SEC Regulation S-X. They do not include all of the information and footnotes required by GAAP for complete audited financial statements. Therefore, these interim unaudited condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto included in the 2019 Form 10-K.

Principles of Consolidation
The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated.

Liquidity, Going Concern and Management’s Plan
The impact of the COVID-19 pandemic on the global travel industry created an urgent liquidity crisis for the airline, cruise ship and other maritime industries, which created follow-on impact for the Company. As of March 31, 2020, our principal source of liquidity was our cash and cash equivalents of approximately $54.2 million. In addition, we had approximately $0.7 million of restricted cash, which amount is excluded from the $54.2 million of cash and cash equivalents, and was attached to letters of credit between our subsidiaries and certain customers. Our cash is invested primarily in cash and money market funds in banking institutions in the U.S., Canada and Europe and to a lesser extent in Asia Pacific. Our total debt balance increased from $773.1 million at December 31, 2019 to $821.4 million at March 31, 2020. This was primarily driven by the February 2020 draw down of the remaining $41.8 million under our Senior Secured Revolving Credit Facility (“Revolving Credit Facility”) with a corresponding increase in our cash on hand. As of June 30, 2020, we had approximately $30.7 million of cash and cash equivalents.

Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 205-40, Presentation of Financial Statements - Going Concern, requires that an entity’s management evaluate whether there are relevant events and conditions that in aggregate initially indicate that it will not be able to meet its obligations as they become due within one year after the date that the financial statements are issued, and therefore raise substantial doubt about the entity’s ability to continue as a going concern. The Company has evaluated events and conditions as further described below, including historical losses and negative cash flows from operations, government and industry-imposed travel restrictions in the aviation and maritime industries that the Company services, and the Company’s projected future violations of the covenants contained in its existing indebtedness, including the maximum consolidated first lien net leverage ratio (“Maximum First Lien Leverage”) and a covenant requiring it to maintain minimum levels of undrawn revolving commitments plus cash and cash equivalents (“Minimum Liquidity”) contained in its Senior Secured Credit Agreement entered into on January 6, 2017 (as amended, the “2017 Credit Agreement”). These events and conditions have raised substantial doubt of the Company’s ability to satisfy existing debt obligations and paydown past due accounts payable and other obligations as they become due in the next 12 months

Our customers in the airline, cruise ship and other maritime industries, have been heavily impacted by the COVID-19 pandemic, through travel restrictions, government and business-imposed shutdowns or other operating issues resulting from the pandemic. We continue to analyze the potential impacts of the conditions and events arising from the ongoing COVID-19 pandemic.

The Company’s principal sources of liquidity have historically been its debt and equity issuances, and its cash and cash equivalents. The Company’s long-term ability to continue as a going concern is dependent on its ability to comply with the covenants in its indebtedness, increase revenue, reduce costs and deliver satisfactory levels of profitable operations. A substantial amount of the Company's cash requirements is for debt service obligations. The Company has generated substantial historic operating losses.

The Company has incurred net losses and had negative cash flows from operations for the first quarter ended March 31, 2020 primarily as a result of the negative operating impact of COVID-19. Net cash used in operations was $3.7 million for the three months ended March 31, 2020 which included cash paid for interest of $14.6 million. Working capital deficiency “(defined as current assets less current liabilities)” increased by $776.7 million, to $840.0 million as of March 31, 2020, compared to $63.4 million as of December 31, 2019, primarily due to the classification of all applicable long term debt as current liabilities at March 31, 2020.

The Company's current forecast indicates it will continue to incur net losses and generate negative cash flows from operating activities as a result of the Company's indebtedness, significant related interest expense and significant decline in customer demand due to COVID-19, which negatively impacts the Company’s business and results of operations. The Company was in compliance with all lender covenants for the period ended March 31, 2020. However, in anticipation of failing the Maximum First Lien Leverage covenant, the Company sought and was granted a waiver over such covenant on April 15, 2020 in connection with the Tenth Amendment to the 2017 Credit Agreement (the “Tenth Amendment to 2017 Credit Agreement”), while the lenders added an additional covenant at that time, namely the Minimum Liquidity covenant. Moreover, based on current projections, management believes it is probable that the Company will not comply with the Minimum Liquidity covenant and the Maximum First Lien Leverage covenant in the 2017 Credit Agreement during the remainder of the fiscal year. Due to these factors and the cross-default provisions contained in our other debt, which would be triggered upon acceleration of debt under the 2017 Credit Agreement, effective as of the March 31, 2020 balance sheet, the Company classified all applicable long-term debt as current. This treatment follows the guidance of ASC 470-10-45 applicable to the classification of second lien debt and convertible notes when the obligation includes a subjective acceleration clause. The Company’s management determined that the likelihood of subjective acceleration is probable in the Company’s Securities Purchase Agreement governing the Second Lien Notes and Convertible Notes which allows the creditors to accelerate the scheduled maturities of the obligations under conditions that are not objectively determinable.

Additionally, the Company’s projected failure to comply with certain covenants in the 2017 Credit Agreement and the Securities Purchase Agreement governing our Second Lien Notes, which include covenants in the 2017 Credit Agreement requiring us to (i) satisfy the Maximum First Lien Leverage ratio, which ratio was waived for the fiscal quarter ended March 31, 2020 and (ii) maintain Minimum Liquidity, could result in an event of default on our debt. The Securities Purchase Agreement and the terms of the Company’s 2.75% Convertible Notes due 2035 (the “Convertible Notes”) do not include covenants related to maintenance of Maximum First Lien Leverage or Minimum Liquidity; however, both the Securities Purchase Agreement and terms of the Convertible Notes contain cross-default provisions based on an acceleration of material indebtedness (including indebtedness under the 2017 Credit Agreement) and certain payment defaults under material indebtedness. As discussed above, on April 15, 2020, the Company entered into the Tenth Amendment to the 2017 Credit Agreement and obtained, among other amendments and waivers, a waiver to our Maximum First Lien Leverage covenant for the quarter ended March 31, 2020 and the addition of a Minimum Liquidity covenant. This Minimum Liquidity covenant imposes substantial limits on our ability to make investments in our business. In addition, we may be limited in our ability to pay all of our required debt and interest payments on our indebtedness and our other operating expenses while remaining in compliance with this Minimum Liquidity covenant.

If the Company is unable to comply with the covenants contained in its debt agreement or obtain a waiver or an amendment from its lenders, or take other remedial measures, the Company will be in default under the credit facilities, which would enable the lenders thereunder to accelerate the repayment of amounts outstanding and exercise remedies with respect to the collateral. If the Company’s lenders under our credit facilities demand immediate payment, we will not have sufficient cash to repay such indebtedness. In addition, as discussed above, certain payment defaults under our credit facilities or the lenders accelerating their claims thereunder would trigger cross-default provisions in our other indebtedness and certain other operating agreements.  Furthermore, failure to meet our borrowing conditions under our Revolving Credit Facility could materially and adversely impact our liquidity.

The Company’s management has plans in-place, and is working with outside advisors, to address the substantial doubt about the Company’s ability to continue as a going concern. Mitigating actions implemented in the first quarter include temporary salary reductions for all employees, including executive offices and the Company’s Board of Directors, negotiations with both customers and vendors to revise existing contracts to current activity levels and executing substantial reductions in capital expenditures and overall costs. Mitigating actions that continue to be implemented include:

Restructure debt covenants with lenders, including deferral of amortization and interest payments;
Continue reduction of overall workforce to match revenue streams;
Deferral of annual merit increases;
Relocation of worldwide operating facilities to reduce ongoing costs;
Renegotiation of satellite lease terms, bandwidth terminations and payment deferrals;
Negotiation of studio rate reductions and airline relief packages;
Pursue complete restructuring of our capital-and-cost structure;
Accelerate Wireless Maritime Services, LLC (“WMS”) dividend payments; and
Continue to pursue the disposition of the Company’s 49% interest in WMS.

In addition, the Company’s management is pursuing actions to maximize cash available to meet the Company’s obligations as they become due in the ordinary course of business, including (i) executing additional substantial reductions in expenses, capital expenditures and overall costs; (ii) applying for all eligible global government and other initiatives available to businesses or employees impacted by the COVID-19 pandemic, primarily through payroll and wage subsidies and deferrals; (iii) submitting applications for U.S. Treasury Loans through the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. There is no assurance that our applications will be approved or that any sources of financings under the CARES Act will be available to us on favorable terms or at all; and (iv) accessing alternative sources of capital, in order to generate additional liquidity. These actions are intended to mitigate those conditions which raise substantial doubt of the Company’s ability to continue as a going concern. While the Company continues to work toward completing these items and taking other actions to create additional liquidity and comply with the payment and other covenants set forth in its debt agreements, there is no assurance that the Company will be able to do so. The Company’s ability to meet its obligations as they become due in the ordinary course of business for the next 12 months will depend on its ability to achieve improved results, its ability to generate and conserve cash, its ability to obtain necessary waivers from lenders and other equity stakeholders to achieve sufficient cash interest savings therefrom and its ability to complete other liquidity-generating transactions. Based on the uncertainty of achieving these actions the Company’s management has determined that the substantial doubt about the Company’s ability to continue as a going concern within one year from the issuance date of this Quarterly Report on Form 10-Q has not been alleviated. The unaudited condensed consolidated financial statements do not include any adjustments that may result from the possible inability of the Company to continue as a going concern for at least the next 12 months from the issuance of these financial statements.

We have engaged financial and legal advisors to assist us in, among other things, analyzing various strategic alternatives to address our liquidity and capital structure, including strategic and refinancing alternatives to restructure our indebtedness in private transactions. If the negative impact from COVID-19 continues, if the Company is unable to successfully complete the actions described in the paragraph above or otherwise generate incremental liquidity, or if there is not otherwise a material improvement in our business, results of operations and liquidity, we may be forced to further reduce or delay our business activities and capital expenditures, sell material assets, seek additional capital or be required to file for bankruptcy court protection. . Due to our current financial constraints, there is a substantial risk that it may be necessary for us to seek protection under Chapter 11 of the United States Bankruptcy Code.

Additionally, the 2017 Credit Agreement includes a requirement that we receive an opinion from our auditors in connection with our year-end audit that is not subject to a “going concern” or like qualification or exception. In addition to the waiver discussed above, the Tenth Amendment to the 2017 Credit Agreement also provided a waiver related to obtaining a “going concern” or like qualification or exception in the report of the Company’s independent registered public accounting firm for the Company’s year-end December 31, 2019 financial statements. We cannot be assured that we will be able to obtain additional covenant waivers or amendments in the future which may have a material adverse effect on the Company’s results of operations or liquidity.

Revenue Recognition
The Company accounts for a contract with a customer when an approved contract exists, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and the collectability of substantially all of the consideration is probable. Revenue is recognized as the Company satisfies performance obligations by transferring a promised good or service to a customer (see further discussion in Note 3. Revenue Recognition).

Deferred revenue consists substantially of amounts received from customers in advance of the Company’s performance service period and of fees deferred for future support services. Deferred revenue is recognized as revenue on a systematic basis that is proportionate to the period that the underlying services are rendered, which in a majority of arrangements is straight line over the remaining contractual term.

The Company’s management constrains the estimates to reduce the probability of a significant revenue reversal in future periods, allocates variable consideration to the identified performance obligations and recognizes revenue in the period the services are provided. Estimates are based on historical experience, anticipated future performance, market conditions and the best judgment at the time. For the three months ended March 31, 2020, the Company’s estimates included management’s assumptions for the impact of COVID-19, which includes significant decline in flight levels. A significant change in one or more of these estimates could affect the estimated contract value. For example, estimates of variable revenue within certain contracts require estimation of the number of sessions or megabytes that will be purchased over the contract term and the average revenue per connectivity session, which varies based on the connectivity options available to passengers on each airline. Estimated revenue under these contracts anticipates increases in take rates over time and assumes an average revenue per session consistent with our historical experience. The estimated contract revenue may differ significantly from the initial estimates to the extent actual take rates and average revenue per session differ from the Company’s historical experience.

Valuation of Goodwill and Intangible Assets

The Company performs valuations of assets acquired and liabilities assumed on each acquisition accounted for as a business combination and allocates the purchase price of each acquired business to its respective net tangible and intangible assets and liabilities. Acquired intangible assets principally consist of technology, customer relationships, backlog and trademarks. Liabilities related to intangibles principally consist of unfavorable vendor contracts. The Company determines the appropriate useful life by performing an analysis of expected cash flows based on projected financial information of the acquired businesses. Intangible assets are amortized over their estimated useful lives using the straight-line method, which approximates the pattern in which the majority of the economic benefits are expected to be consumed. Intangible liabilities are amortized into cost of sales ratably over their expected related revenue streams over their useful lives.

Goodwill represents the excess of the cost of an acquired entity over the fair value of the acquired net assets. The Company does not amortize goodwill but evaluates it for impairment at the reporting unit level annually during the fourth quarter of each fiscal year (as of December 31 of that quarter) or when an event occurs or circumstances change that indicates the carrying value may not be recoverable. An impairment loss will be recognized for the amount by which the reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill in that reporting unit.

For the quarter ended March 31, 2020, the Company identified a triggering event due to a significant decline in the market capitalization of the Company and results of operations as result of the uncertainty related to the COVID-19 pandemic. Accordingly, the Company assessed the fair value of its three reporting units as of March 31, 2020 and recorded a goodwill impairment charge of $22.1 million related to its Maritime & Land Connectivity reporting unit. This impairment was primarily due to first quarter results resulting in a revised forecast for the reporting unit, due primarily to impacts of COVID-19 outbreak on our cruise and yacht channels, coupled with the loss of a Brazilian government customer and continuation of exiting the mobile network operation channel. Given these indicators, the Company then determined that there was a higher degree of uncertainty in achieving its financial projections for this unit and as such, performed a full revision of its forecasted cash flows to consider the impacts of COVID-19 (as further discussed below) and increased its discount rate, which reduced the fair value of the reporting unit.

To determine the fair value of our reporting units and test for impairment, we utilized an income approach (discounted cash flow method), as we believe this is the most direct approach to incorporate the specific economic attributes and risk profiles of our reporting units into our valuation model. Historically we have used the market approach, however, due to the uncertainty related to COVID-19, management did not use this method in the current quarter analysis. However, to the extent market indicators of fair value become available, we consider such market indicators as well as market participant assumptions in our discounted cash flow analysis and determination of fair value. The discounted cash flow methodology is based, to a large extent, on assumptions about future events, which may or may not occur as anticipated, and such deviations could have a significant impact on the calculated estimated fair values of our reporting units. These assumptions included the use of significant unobservable inputs, representative of a Level 3 fair value measurement, and included, but were not limited to, estimates of discount rates, future growth rates and terminal values for each reporting unit.
The discounted cash flow analysis for each of our reporting units included forecasted cash flows over a four-year forecast period (2020 through 2023), with our 2020 management budget used as the basis for our projections. These forecasted cash flows took into consideration historical and recent results, and near-term prospects and management’s outlook for the future. A terminal value was also calculated using a terminal value growth assumption to derive the annual cash flows after the discrete forecast period. A reporting unit specific discount rate was applied to the forecasted cash flows and terminal cash flows to determine the discounted future cash flows, or fair value, of each reporting unit. Our assessment took into consideration the changes in the projections discussed above and reflected the increased market risk surrounding the execution of those projections and adjusted our cost of capital assumptions to be in-line with recent market indicators for our company and industry. These increases in cost of capital and risk premium assumptions resulted in a significant increase in our discount rates utilized for purposes of determining our discounted cash flows and reduced the estimated fair values of our reporting units.
Investments in Equity Affiliates
Wireless Maritime Services, LLC (“WMS”)

In connection with the EMC Acquisition, the Company acquired a 49% equity interest in WMS, which interest EMC owned at the time of the EMC Acquisition. The remaining 51% equity interest in WMS is owned by an unaffiliated U.S. company (the “WMS third-party investor”), which is the managing member of WMS and is responsible for its day-to-day management and operations. Certain matters, including determination of capital contributions and distributions and business plan revisions, require approval of WMS’s board of directors, which consists of five voting members, three of which are appointed by the WMS third-party investor and two of which are appointed by the Company. Profits and losses for any fiscal year are allocated between the Company and the WMS third-party investor in proportion to their respective ownership interests, after giving effect to any special allocations made pursuant to the WMS operating agreement. EMC’s carrying value of the investment in WMS was adjusted to fair value as a result of the EMC Acquisition. The excess of the fair value over the underlying equity in net assets of WMS is primarily comprised of amortizable intangible assets and nonamortizable goodwill. The Company’s carrying value in its investment in WMS was subsequently adjusted for contributions, distributions. net income (loss) attributable to WMS, the amortization of the cost basis difference associated with the amortizable intangible assets, and impairment.

Santander Teleport S.L. (“Santander”)

Also in connection with the EMC Acquisition, the Company acquired an equity interest in a teleport in Santander, Spain, which provides various telecommunication services, including teleport and terrestrial services (EMC owned this interest at the time of the EMC Acquisition). The Company is a significant customer of, and holds a 49% equity interest in Santander, and the remaining 51% is held by an unaffiliated Spanish company (the “Santander third-party investor”). The Santander third-party investor is responsible for the day-to-day management and operations of Santander. Some matters—such as the determination of capital contributions, capital expenditures over budget and distributions—require approval of Santander’s board of directors, which consists of five voting members, three of which are appointed by the Santander third-party investor and two of which are appointed by the Company. Profits and losses for any fiscal year are allocated between the Company and the Santander third-party investor in proportion to their respective ownership interests. The carrying value of the Company’s investment in Santander approximated its fair value on the date the Company acquired EMC and was subsequently adjusted for contributions, distributions, and net income (loss) attributable to Santander, and impairment. As a result of decreased demand due to COVID-19 and seeking additional cost savings initiatives, the Company is evaluating its ongoing participation in the equity method investment from an operating and ownership perspective.

Impairment of Equity Method Investments

To determine the fair value of our equity method investments and test for impairment, we utilized an income approach (discounted cash flow method), as we believe this is the most direct approach to incorporate the specific economic attributes and risk profiles of our businesses into our valuation model. We generally do not utilize a market approach given the lack of relevant information generated by market transactions involving comparable businesses. However, to the extent market indicators of fair value become available, we consider such market indicators as well as market participant assumptions in our discounted cash flow analysis and determination of fair value. The discounted cash flow methodology is based, to a large extent, on assumptions about future events, which may or may not occur as anticipated, and such deviations could have a significant impact on the calculated estimated fair values of our equity method investments. These assumptions included the use of significant unobservable inputs, representative of a Level 3 fair value measurement, and included, but were not limited to, estimates of discount rates, future growth rates and terminal values for each equity method investment.

During the first quarter of 2020, in accordance with ASC 323, Investments-Equity Method and Joint Ventures, the Company’s management completed an assessment of the recoverability of the equity method investments. They determined the carrying value of the interests in the WMS and Santander joint ventures exceeded their estimated fair value of the Company’s interests, which management concluded was other than temporary. The Company recorded an impairment charge of $10.1 million and $3.0 million relating to its WMS and Santander equity investments, respectively. This WMS impairment was primarily the result of lower than expected financial results for the quarter ended March 31, 2020 due to the uncertainty related to the impacts of the COVID-19 pandemic on the cruise industry. This resulted in a decline in operating performance which is not expected to be recovered in the foreseeable future, causing Company’s management to reduce the financial projections for the WMS business for the remainder of 2020 and beyond. The Santander impairment was primarily the result of a reduction in forecasted financial results for Santander due to the Company’s efforts to reduce costs by shifting certain teleport and related network operations support services away from this joint venture to other vendors. This resulted in a reduction in the financial projections for the remainder of 2020 and beyond. The other than temporary impairments recognized are in addition to the MEG Connectivity reporting unit goodwill impairment recognized for the quarter ended March 31, 2020.

The discounted cash flow analysis for each of our equity method investments included forecasted cash flows over a long-term forecast period (2020 through 2030). These forecasted cash flows took into consideration historical and recent results, a lack of sustained earnings, a deterioration of market conditions, primarily as a result of COVID-19, and management's prospective outlook. A terminal value was calculated using a terminal value growth assumption to derive the annual cash flows after the discrete forecast period. A specific discount rate was applied to the forecasted cash flows and terminal cash flows to determine the discounted future cash flows, or fair value, of each equity method investment. Our assessment took into consideration probability weighted scenarios using the above assumptions. We utilized an independent analysis to assist in our determination of fair value of our equity method investments.

Short-Term Investments
In March 2020, the Company purchased commercial paper with nominal value of $30.0 million for an initial investment of $29.9 million with maturities ranging from 29 to 71 days. Due to their short-term maturity, these investments were classified as cash and cash equivalents. At March 31, 2020, the amortized cost of the investment was $29.9 million. There were no credit losses on the investment as of March 31, 2020.

Income Taxes
Deferred income tax assets and liabilities are recognized for temporary differences between the financial statement carrying amounts of assets and liabilities and the amounts that are reported in the income tax returns. Deferred taxes are evaluated for realization on a jurisdictional basis. The Company records valuation allowances to reduce deferred tax assets to the amount that is more likely than not to be realized. In making this assessment, management analyzes future taxable income, reversing temporary differences and ongoing tax planning strategies. Should a change in circumstances lead to a change in judgment about the realizability of deferred tax assets in future years, the Company will adjust related valuation allowances in the period that the change in circumstances occurs, along with a corresponding increase or charge to income.

The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained upon examination by the taxing authorities based on the technical merits of the Company’s position. The tax benefit recognized in the financial statements for a particular tax position is based on the largest benefit that is more likely than not to be realized. The amount of unrecognized tax benefits (UTBs) is adjusted as appropriate for changes in facts and circumstances, such as significant amendments to existing tax laws, new regulations or interpretations by the taxing authorities, new information obtained during a tax examination, or resolution of an examination. The Company recognizes both accrued interest and penalties associated with uncertain tax positions as a component of Income tax (benefit) expense in the Condensed Consolidated Statements of Operations.

Adoption of New Accounting Pronouncements
On January 1, 2020, we adopted ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which requires the measurement and recognition of expected credit losses for financial assets held at amortized cost.
The cumulative effect adjustment from using the modified retrospective approach for the adoption of ASC 326 impacted our unaudited condensed consolidated balance sheet as of January 1, 2020 by the recognition of allowance for credit losses as summarized below:
 
Balances at December 31, 2019
 
Impact of ASC 326
 
Balances Following Adoption of ASC 326
Assets
 
 
 
 
 
Accounts receivable
$
88,219

 
$
(503
)
 
$
87,716

Other current assets
$
12,839

 
$
(111
)
 
$
12,728

Other non-current assets
$
27,509

 
$
(673
)
 
$
26,836

Equity
 
 
 
 
 
Accumulated deficit
$
(1,162,901
)
 
$
(1,287
)
 
$
(1,164,188
)

Refer to Note 8. Credit Loss Reserve and Allowances for further details.

In November 2019, the FASB issued ASU No. 2019-8, Compensation - Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Codification Improvements - Share-Based Consideration Payable to a Customer, which expedites the improvement process of the amendments and increase stakeholder awareness in ASU 2018-07, Compensation - Stock Compensation (Topic 718); Improvements to Nonemployee Share-Based Payment Accounting. The Company adopted ASU No. 2019-18 beginning January 1, 2020. The adoption of this standard did not have a material impact on its unaudited condensed consolidated financial statements.

In March 2019, the FASB issued ASU No. 2019-01, Leases (Topic 842): Codification Improvements, to provide clarifications on ASC 842 and to correct unintended application of the guidance. The amendments in this update include the following items brought to FASB’s attention through those interactions with stakeholders: (i) determining the fair value of the underlying asset by lessors that are not manufacturers or dealers; (ii) presentation on the statement of cash flows—sales-type and direct financing leases; and (iii) transition disclosures related to Topic 250, Accounting Changes and Error Corrections. The Company adopted ASU No. 2019-01 beginning January 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements.
In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement, which modifies the disclosure requirements on fair value measurements by removing, modifying, or adding certain disclosures for fair value measurements. The Company adopted ASU No. 2018-13 beginning January 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements.
Recently Issued Accounting Pronouncements
In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The purpose of ASU 2020-04 is to provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. More specifically, the amendments in ASU 2020-04 provide optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments in ASU 2020-04 are effective as of March 12, 2020 through December 31, 2022. This guidance was effective upon issuance, as a result the Company adopted the guidance in the first quarter of fiscal 2020 and there was no financial impact on the Condensed Consolidated Financial Statements upon adoption.

In January 2020, the FASB issued ASU 2020-01, Investments-Equity Securities (Topic 321), Investments-Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) - Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 (a consensus of the Emerging Issues Task Force). The new guidance clarifies the application of measurement alternatives and the accounting for certain forward contracts and purchased options to acquire investments. The ASU is effective for the Company beginning December 15, 2020, with early adoption permitted. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements.

In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, which identifies, evaluates and improves areas of GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The ASU is effective for the Company beginning January 1, 2021, with early adoption permitted. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements.
XML 22 R10.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue Recognition
3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Revenue Recognition
Revenue Recognition

The Company accounts for a contract with a customer when an approved contract exists, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and the collectability of substantially all of the consideration is probable. Revenue is recognized as the Company satisfies performance obligations by transferring a promised good or service to a customer.

Deferred revenue consists substantially of amounts received from customers in advance of the Company’s performance service period and of fees deferred for future support services. Deferred revenue is recognized as revenue on a systematic basis that is proportionate to the period that the underlying services are rendered, which in a majority of arrangements is straight line over the remaining contractual term.

Our assessments regarding the timing of transfer of control and revenue recognition for our two operating segments are summarized below:

Media & Content – specific to the sale and/or licensing of media content and the related technical services, such as digital delivery of media advertising, encoding of video and music products, development of graphical interfaces and provision of materials, we consider control to have transferred when: (i) the content has been delivered, and (ii) the services required under the contract have been performed. Revenue recognition is dependent on the nature of the customer contract. Content licenses to customers are typically categorized into usage-based or flat fee-based fee structures. For usage-based fee structures, revenue is recognized as the usage occurs. For flat-fee based structures, revenue is recognized upon the available date of the license, typically at the beginning of each cycle, or straight-line over the license period.

Connectivity – we provide satellite-based Internet services and related technical and network support services, as well as the physical equipment to enable connectivity.

(i) For Aviation, the revenue is recognized over time as control is transferred to the customer (i.e. the airline), which occurs continuously as customers receive the bandwidth services. Equipment revenue is recognized when control passes to the customer, which is at the later of shipment of the equipment to the customer or obtaining regulatory certification for the operation of such equipment, as applicable.

(ii) For Maritime and Land, revenue is recognized over time as the customer receives the bandwidth services. Equipment revenue is recognized when control passes to the customer, which is typically from shipment of the equipment to the customer. In bandwidth arrangements where the equipment is leased, equipment revenue is determined and recognized in accordance with the assessed lease classification.

Certain of the Company’s contracts involve a revenue sharing or reseller arrangement to distribute the connectivity services. The Company assesses these services under the principal versus agent criteria and determined that the Company acts in the role of an agent and accordingly records such revenues on a net basis.

The following table represents a disaggregation of the Company’s revenue from contracts with customers for the three months ended March 31, 2020 and 2019 (in thousands):
 
 
Three Months Ended March 31,
 
 
2020
 
2019
Revenue:
 
 
 
 
Media & Content
 
 
 
 
Licensing & Services
 
$
68,385

 
$
80,010

Total Media & Content
 
68,385

 
80,010

 
 
 
 
 
Connectivity
 
 
 
 
Aviation Services
 
30,706

 
31,241

Aviation Equipment
 
6,403

 
14,060

Maritime & Land Services
 
36,554

 
39,227

Maritime & Land Equipment
 
2,117

 
2,081

Total Connectivity
 
75,780

 
86,609

 
 
 
 
 
Total revenue
 
$
144,165

 
$
166,619



Contract Assets and Liabilities
Aviation connectivity contracts involve performance obligations primarily relating to the delivery of equipment and services. Equipment is delivered upfront with payment due upon delivery. Services are rendered to the customer over time and are typically paid for upfront or as the services are delivered. Aviation connectivity revenue is allocated based upon standalone selling price (“SSP”). The primary method used to estimate the SSP is the expected cost-plus margin approach. When the SSP exceeds the revenue allocation, the revenue to which the Company is entitled is contingent on performing the ongoing connectivity services and the Company records a contract asset accordingly.

The following table summarizes the significant changes in the balance for contract assets during the quarter ended March 31, 2020 (in thousands):
 
 
Contract Assets
Balance as of December 31, 2019
 
$
14,431

Costs deferred for revenue recognized in excess of billings
 
1,355

Costs included in the beginning balance recognized
 
(3,187
)
Balance as of March 31, 2020
 
$
12,599

 
 
 
Current contract assets
 
$
2,159

Non-current contract assets
 
10,440

Balance as of March 31, 2020
 
$
12,599



The Company may invoice upfront for services recognized over time or for contracts in which it has unsatisfied performance obligations. Contract payment terms are generally 30 to 45 days. When the timing of invoicing differs from the timing of revenue recognition, the Company determines its contracts to include a financing component when the contractual term is for more than a year.

The following table summarizes the significant changes in the balance for contract liabilities, included within “Other non-current liabilities” in our unaudited condensed consolidated balance sheet, during the three months ended March 31, 2020 (in thousands):
 
 
Contract Liabilities
Balance as of December 31, 2019
 
$
12,403

Revenue recognized that was included in the contract liability balance at the beginning of the period
 
(6,723
)
Increase due to cash received, excluding amounts recognized as revenue during the period
 
3,941

Balance as of March 31, 2020
 
$
9,621

 
 
 
Deferred revenue, current
 
$
9,535

Deferred revenue, non-current
 
86

Balance as of March 31, 2020
 
$
9,621



As of March 31, 2020, the Company had $956.3 million of remaining performance obligations, which it also refers to as total backlog. The Company expects to recognize approximately 20% of its remaining performance obligations as revenue in 2020 approximately 19% in 2021, 16% by 2022, and the remaining balance thereafter. $2.7 million and $3.5 million of services revenue was recognized during the three months ended March 31, 2020 and 2019, respectively, and was included in the deferred revenue balances at the beginning of the respective period.

Accounts Receivable, net
The Company extends credit to its customers from time to time. The Company maintains an allowance for doubtful accounts for estimated losses resulting from its customers’ inability to make required payments. Management analyzes the age of customer balances, historical bad debt experience, customer creditworthiness and changes in customer payment terms when making estimates of the collectability of its accounts receivable balances. If management determines that the financial condition of any of its customers has deteriorated, whether due to customer specific or general economic issues, an increase in the allowance may be made. After all attempts to collect a receivable have failed, the receivable is written off.

Accounts receivable consist of the following (in thousands):
 
March 31,
 
December 31,
 
2020
 
2019
Accounts receivable, gross
$
91,289

 
$
94,995

Less: Allowance for doubtful accounts
(8,493
)
 
(6,776
)
Accounts receivable, net
$
82,796

 
$
88,219



Refer to Note 8. Credit Loss Reserve and Allowances for further details.

Capitalized Contract Costs
Certain of the Company’s sales incentive programs meet the requirements to be capitalized as incremental costs of obtaining a contract. The Company recognizes an asset for the incremental costs if it expects the benefit of those costs to be longer than one year and amortize those costs over the expected customer life. The Company applies a practical expedient to expense costs as incurred for costs to obtain a contract when the amortization period would have been one year or less.

Additionally, the Company capitalizes assets associated with costs incurred to fulfill a contract with a customer. For example, the Company capitalizes the costs incurred to obtain necessary Supplemental Type Certificates or other customer-specific certifications for its aviation, maritime and land customers.

The following table summarizes the significant changes in the contract assets balances during the period ended March 31, 2020 (in thousands):
 
Contract Assets
 
Costs to Obtain
 
Costs to Fulfill
 
Total
Balance as of December 31, 2019
$
387

 
$
5,256

 
$
5,643

Capitalization during the period
50

 
226

 
276

Amortization during the period
(29
)
 
(104
)
 
(133
)
Balance as of March 31, 2020
$
408

 
$
5,378

 
$
5,786



Contract assets are included within Other non-current assets on the Company’s Condensed Consolidated Balance Sheets.

Practical Expedients, Policy Elections and Exemptions
In circumstances where shipping and handling activities occur subsequent to the transfer of control, the Company has elected to treat shipping and handling as a fulfillment activity rather than a service to the customer.    

The Company has made a policy election to exclude from the measurement of the transaction price all taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction and collected by the entity from a customer (e.g., sales, use, value added, and some excise taxes).

The Company applies a practical expedient to expense costs as incurred for incremental costs to obtain a contract when the amortization period would have been one year or less and did not evaluate contracts of one year or less for variable consideration.
XML 23 R11.htm IDEA: XBRL DOCUMENT v3.20.2
Leases
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Leases
Leases

Our leasing operations consist of various arrangements, where we act either (i) as the lessee (primarily related to our corporate and regional offices, teleport co-location arrangements and a commitment for satellite bandwidth capacity), or (ii) as the lessor (for our owned equipment rented to connectivity customers). The following describes the nature of our various leasing arrangements and the impact to our statement of operations for the three months ended March 31, 2020:

Real Estate Operating Leases (as a Lessee)
The Company has operating leases for office facilities throughout the United States and around the world. Upon inception of a contract, the Company evaluates if the contract, or part of the contract, contains a lease. A lease conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Leases include both a right-of-use asset and a lease liability. The right-of-use asset represents the Company’s right to use the underlying asset in the lease, and it also includes prepaid lease payments. The lease liability represents the present value of the remaining lease payments discounted using the incremental borrowing rate (“IBR”). Maintenance and property tax expenses are accounted for on an accrual basis as variable lease cost. The Company has elected to combine lease and non-lease components, if applicable.

The Company records lease expense on a straight-line basis over the lease term in general and administrative expense. Total lease expense for the three months ended March 31, 2020 and 2019, was $1.4 million and $1.6 million, respectively.

The Company’s leases have remaining lease terms of one year to 10.0 years. Lease terms include renewal or termination options that the Company is reasonably certain to exercise. For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet.

Teleport Co-Location Operating Leases (as a Lessee)
The Company engages certain bandwidth providers for teleport co-location services to deliver bandwidth to our network. These co-location service agreements typically include provisions for physical rack space at a third-party teleport facility. We have determined that the space provided for our equipment constitutes an operating lease.

These leases have remaining lease terms of one year to 8.0 years as of March 31, 2020. The Company records lease expense on a straight-line basis over the lease term as part of cost of sales -- licensing and services. Total lease expense for the three months ended March 31, 2020 and 2019, was $0.5 million and $0 million, respectively.

Satellite Bandwidth Finance Lease (as a Lessee)
The Company maintains agreements with satellite service providers to provide for satellite bandwidth capacity. The Company evaluates these arrangements for embedded leases when the Company has the right to control the use of a significant portion of the identified asset. The Company has elected to separate the lease and non-lease components.

Bandwidth Operating Leases
The Company records right-of-use assets and lease liabilities for certain bandwidth capacity arrangements meeting the operating lease classification. These leases have remaining lease terms of one year to 2.0 years as of March 31, 2020. The Company records lease expense on a straight-line basis over the lease term as part of Cost of Sales - Licensing and Services. Total lease expense for the three months ended March 31, 2020 and 2019, was $0.3 million and $0 million, respectively.

For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet.

Bandwidth Finance Lease
During the quarter ended June 30, 2019, the Company modified an existing arrangement for bandwidth capacity that provided us with the right to control a significant portion of the identified asset. The modified agreement met the criteria of finance lease classification.

This finance lease has a remaining lease term of 6.25 years as of March 31, 2020. The Company records amortization of right-of-use assets and interest accretion on finance lease liabilities as part of cost of sales -- licensing and services and interest expense, net, respectively. The following table provides the components of the finance lease cost for the three months ended March 31, 2020 and 2019 (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Amortization of right-of-use asset, net of lease incentive and contract liability credits
$
420

 
$

Interest accretion on finance lease liabilities
383

 

Total lease cost
$
803

 
$



Other Arrangements (as a Lessee)
The Company leases certain computer software, equipment and co-location facilities under finance leases that expire on various dates through 2022, for which the outstanding lease liability balance was assessed as not material as of March 31, 2020.

The Company reviews the carrying value of its right-of-use assets for impairment whenever events or changes in circumstances indicate that the recorded value may not be recoverable. Recoverability of assets is measured by comparing the carrying amounts of the assets to the estimated future undiscounted cash flows, excluding financing costs. If the Company determines that an impairment exists, any related impairment loss is estimated based on fair values.

Equipment Held by Customers (as a Lessor)
The Company either sells or leases certain equipment (including antennas, modems and routers, among others) as part of the bandwidth service to our Maritime and Land Connectivity customers. We account for existing equipment lease transactions as operating leases. We recognize lease payments for operating leases as licensing and services revenue in its condensed consolidated statement of operations on a straight-line basis over the lease term.

We assess new equipment lease arrangements or modifications to existing equipment lease arrangements for operating or sales-type lease classification. We recognize investments in leases for sales-type leases when the risk and rewards of ownership are not fully transferred to the customer due to our continued involvement with the equipment. We allocate the total consideration in a contract assessed with a sales-type lease using the expected cost-plus margin and residual methods for the lease and non-lease components, respectively.

The service revenues (with embedded operating equipment leases) and recognized revenues on sales-type equipment leases in which the Company acts as the lessor for the three months ended March 31, 2020 and 2019, is presented in the following table (in thousands):
 
Three Months Ended March 31
 
2020
 
2019
Bandwidth service and equipment revenues(1)
$
26,023

 
$
34,107

Earned revenues on sales-type leases at commencement(2)
103

 
333

Total Licensing and Service Revenues -- Maritime and Land Connectivity
$
26,126

 
$
34,440

(1) This is presented as part of Revenues -- Licensing and services in our condensed consolidated statement of operations, and includes the equipment lease component that is embedded in the overall bandwidth service arrangement. Since we adopted the practical expedient to not separate the lease and non-lease components as allowed with the ASC 842 implementation as of January 1, 2019, we will continue to classify existing embedded equipment arrangements as operating leases, to the extent unmodified.
(2) This includes the equipment lease revenues recognized at commencement date of the customer equipment arrangements classified as sales-type leases. As equipment leasing is a standard component in our connectivity business model, we present equipment revenues relating to these sales-type leases on a gross basis, and recognize a corresponding cost of sales equal to the net book value of the leased equipment. Interest income component is considered immaterial.

Supplemental Cash Flow Information, Weighted-Average Remaining Lease Term and Discount Rate
Because the rate implicit in each lease is not readily determinable, the Company uses its IBR to determine the present value of the lease payments. The following table discloses the weighted-average remaining lease term and IBR, as well as supplemental cash flow information (in thousands):
 
Three Months Ended March 31, 2020
Supplemental cash flow information
 
Cash paid for amounts included in the measurement of operating lease liabilities
$
2,028

Cash paid for amounts included in the measurement of finance lease liabilities
$
940

Right-of-use-assets obtained in exchange for operating lease obligations
Immaterial

Right-of-use-assets obtained in exchange for finance lease obligations
$

Weighted average remaining lease term -- real estate operating leases
7.01 years

Weighted average remaining lease term -- teleport co-location operating leases
4.59 years

Weighted average remaining lease term -- satellite capacity operating leases
0.75 years

Weighted average remaining lease term -- finance lease
6.25 years

Weighted average IBR -- real estate operating leases
9.90
%
Weighted average IBR -- teleport co-location operating leases
8.89
%
Weighted average IBR -- teleport satellite capacity operating leases
7.24
%
Weighted average IBR -- finance lease
8.30
%


Annual Future Minimum Lease Payments
The following table reflects a summary of Annual future minimum lease payments and the Company’s lease assets as of March 31, 2020 (in thousands):
 
As a Lessee
 
As a Lessor
Years Ending December 31,
Real Estate
 
Satellite Capacity
 
Satellite Capacity
 
Teleport
Co-Location
 
Total
 
Equipment Held by Customers
Lease Classification
Operating
 
Finance
 
Operating
 
Operating

 
 
Sales-Type
2020 (remaining nine months)
$
3,815

 
$
2,819

 
$
1,034

 
$
1,443

 
$
9,111

 
$
382

2021
5,153

 
3,758

 

 
1,793

 
10,704

 
503

2022
4,541

 
3,758

 

 
1,468

 
9,767

 
425

2023
3,616

 
3,758

 

 
561

 
7,935

 
261

2024
3,621

 
3,758

 

 
550

 
7,929

 
180

Thereafter
10,825

 
5,638

 

 
1,009

 
17,472

 
43

Total Future Lease Payments
$
31,571

 
$
23,489

 
$
1,034

 
$
6,824

 
$
62,918

 
$
1,794

Less: Imputed interest
(9,232
)
 
(5,084
)
 
(24
)
 
(1,266
)
 
(15,606
)
 
(273
)
Present Value of Lease Liabilities
$
22,339

 
$
18,405

 
$
1,010

 
$
5,558

 
$
47,312

 
 
Net Investment in Sales-Type Leases
 
 
 
 
 
 
 
 
 
 
$
1,521



In response to the COVID-19 pandemic and related government restrictions negatively impacting our operations, subsequent to March 31, 2020, we began renegotiating certain lease agreements to obtain rent relief in the near term, in order to help offset the negative financial impacts of COVID-19. On April 10, 2020, the Financial Accounting Standards Board ("FASB") staff issued a question-and-answer document providing guidance for lease concessions provided to lessees in response to the effects of COVID-19. Such guidance allows lessees to make an election not to evaluate whether a lease concession provided by a lessor should be accounted for as a lease modification in the event the concession does not result in a substantial increase in the rights of the lessor or the obligations of the lessee. We intend to elect this practical expedient in our accounting for any lease concessions provided for our real estate lease agreements.

The book value of the equipment held by customers under operating leases, which are classified as “Equipment” in Note 5- Property & Equipment, is as follows:
 
March 31, 2020
 
December 31, 2019
Equipment
 
 
 
Gross balance
$
55,961

 
$
57,369

Accumulated depreciation
(32,554
)
 
(30,692
)
Net Book Value
$
23,407

 
$
26,677

Leases
Leases

Our leasing operations consist of various arrangements, where we act either (i) as the lessee (primarily related to our corporate and regional offices, teleport co-location arrangements and a commitment for satellite bandwidth capacity), or (ii) as the lessor (for our owned equipment rented to connectivity customers). The following describes the nature of our various leasing arrangements and the impact to our statement of operations for the three months ended March 31, 2020:

Real Estate Operating Leases (as a Lessee)
The Company has operating leases for office facilities throughout the United States and around the world. Upon inception of a contract, the Company evaluates if the contract, or part of the contract, contains a lease. A lease conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Leases include both a right-of-use asset and a lease liability. The right-of-use asset represents the Company’s right to use the underlying asset in the lease, and it also includes prepaid lease payments. The lease liability represents the present value of the remaining lease payments discounted using the incremental borrowing rate (“IBR”). Maintenance and property tax expenses are accounted for on an accrual basis as variable lease cost. The Company has elected to combine lease and non-lease components, if applicable.

The Company records lease expense on a straight-line basis over the lease term in general and administrative expense. Total lease expense for the three months ended March 31, 2020 and 2019, was $1.4 million and $1.6 million, respectively.

The Company’s leases have remaining lease terms of one year to 10.0 years. Lease terms include renewal or termination options that the Company is reasonably certain to exercise. For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet.

Teleport Co-Location Operating Leases (as a Lessee)
The Company engages certain bandwidth providers for teleport co-location services to deliver bandwidth to our network. These co-location service agreements typically include provisions for physical rack space at a third-party teleport facility. We have determined that the space provided for our equipment constitutes an operating lease.

These leases have remaining lease terms of one year to 8.0 years as of March 31, 2020. The Company records lease expense on a straight-line basis over the lease term as part of cost of sales -- licensing and services. Total lease expense for the three months ended March 31, 2020 and 2019, was $0.5 million and $0 million, respectively.

Satellite Bandwidth Finance Lease (as a Lessee)
The Company maintains agreements with satellite service providers to provide for satellite bandwidth capacity. The Company evaluates these arrangements for embedded leases when the Company has the right to control the use of a significant portion of the identified asset. The Company has elected to separate the lease and non-lease components.

Bandwidth Operating Leases
The Company records right-of-use assets and lease liabilities for certain bandwidth capacity arrangements meeting the operating lease classification. These leases have remaining lease terms of one year to 2.0 years as of March 31, 2020. The Company records lease expense on a straight-line basis over the lease term as part of Cost of Sales - Licensing and Services. Total lease expense for the three months ended March 31, 2020 and 2019, was $0.3 million and $0 million, respectively.

For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet.

Bandwidth Finance Lease
During the quarter ended June 30, 2019, the Company modified an existing arrangement for bandwidth capacity that provided us with the right to control a significant portion of the identified asset. The modified agreement met the criteria of finance lease classification.

This finance lease has a remaining lease term of 6.25 years as of March 31, 2020. The Company records amortization of right-of-use assets and interest accretion on finance lease liabilities as part of cost of sales -- licensing and services and interest expense, net, respectively. The following table provides the components of the finance lease cost for the three months ended March 31, 2020 and 2019 (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Amortization of right-of-use asset, net of lease incentive and contract liability credits
$
420

 
$

Interest accretion on finance lease liabilities
383

 

Total lease cost
$
803

 
$



Other Arrangements (as a Lessee)
The Company leases certain computer software, equipment and co-location facilities under finance leases that expire on various dates through 2022, for which the outstanding lease liability balance was assessed as not material as of March 31, 2020.

The Company reviews the carrying value of its right-of-use assets for impairment whenever events or changes in circumstances indicate that the recorded value may not be recoverable. Recoverability of assets is measured by comparing the carrying amounts of the assets to the estimated future undiscounted cash flows, excluding financing costs. If the Company determines that an impairment exists, any related impairment loss is estimated based on fair values.

Equipment Held by Customers (as a Lessor)
The Company either sells or leases certain equipment (including antennas, modems and routers, among others) as part of the bandwidth service to our Maritime and Land Connectivity customers. We account for existing equipment lease transactions as operating leases. We recognize lease payments for operating leases as licensing and services revenue in its condensed consolidated statement of operations on a straight-line basis over the lease term.

We assess new equipment lease arrangements or modifications to existing equipment lease arrangements for operating or sales-type lease classification. We recognize investments in leases for sales-type leases when the risk and rewards of ownership are not fully transferred to the customer due to our continued involvement with the equipment. We allocate the total consideration in a contract assessed with a sales-type lease using the expected cost-plus margin and residual methods for the lease and non-lease components, respectively.

The service revenues (with embedded operating equipment leases) and recognized revenues on sales-type equipment leases in which the Company acts as the lessor for the three months ended March 31, 2020 and 2019, is presented in the following table (in thousands):
 
Three Months Ended March 31
 
2020
 
2019
Bandwidth service and equipment revenues(1)
$
26,023

 
$
34,107

Earned revenues on sales-type leases at commencement(2)
103

 
333

Total Licensing and Service Revenues -- Maritime and Land Connectivity
$
26,126

 
$
34,440

(1) This is presented as part of Revenues -- Licensing and services in our condensed consolidated statement of operations, and includes the equipment lease component that is embedded in the overall bandwidth service arrangement. Since we adopted the practical expedient to not separate the lease and non-lease components as allowed with the ASC 842 implementation as of January 1, 2019, we will continue to classify existing embedded equipment arrangements as operating leases, to the extent unmodified.
(2) This includes the equipment lease revenues recognized at commencement date of the customer equipment arrangements classified as sales-type leases. As equipment leasing is a standard component in our connectivity business model, we present equipment revenues relating to these sales-type leases on a gross basis, and recognize a corresponding cost of sales equal to the net book value of the leased equipment. Interest income component is considered immaterial.

Supplemental Cash Flow Information, Weighted-Average Remaining Lease Term and Discount Rate
Because the rate implicit in each lease is not readily determinable, the Company uses its IBR to determine the present value of the lease payments. The following table discloses the weighted-average remaining lease term and IBR, as well as supplemental cash flow information (in thousands):
 
Three Months Ended March 31, 2020
Supplemental cash flow information
 
Cash paid for amounts included in the measurement of operating lease liabilities
$
2,028

Cash paid for amounts included in the measurement of finance lease liabilities
$
940

Right-of-use-assets obtained in exchange for operating lease obligations
Immaterial

Right-of-use-assets obtained in exchange for finance lease obligations
$

Weighted average remaining lease term -- real estate operating leases
7.01 years

Weighted average remaining lease term -- teleport co-location operating leases
4.59 years

Weighted average remaining lease term -- satellite capacity operating leases
0.75 years

Weighted average remaining lease term -- finance lease
6.25 years

Weighted average IBR -- real estate operating leases
9.90
%
Weighted average IBR -- teleport co-location operating leases
8.89
%
Weighted average IBR -- teleport satellite capacity operating leases
7.24
%
Weighted average IBR -- finance lease
8.30
%


Annual Future Minimum Lease Payments
The following table reflects a summary of Annual future minimum lease payments and the Company’s lease assets as of March 31, 2020 (in thousands):
 
As a Lessee
 
As a Lessor
Years Ending December 31,
Real Estate
 
Satellite Capacity
 
Satellite Capacity
 
Teleport
Co-Location
 
Total
 
Equipment Held by Customers
Lease Classification
Operating
 
Finance
 
Operating
 
Operating

 
 
Sales-Type
2020 (remaining nine months)
$
3,815

 
$
2,819

 
$
1,034

 
$
1,443

 
$
9,111

 
$
382

2021
5,153

 
3,758

 

 
1,793

 
10,704

 
503

2022
4,541

 
3,758

 

 
1,468

 
9,767

 
425

2023
3,616

 
3,758

 

 
561

 
7,935

 
261

2024
3,621

 
3,758

 

 
550

 
7,929

 
180

Thereafter
10,825

 
5,638

 

 
1,009

 
17,472

 
43

Total Future Lease Payments
$
31,571

 
$
23,489

 
$
1,034

 
$
6,824

 
$
62,918

 
$
1,794

Less: Imputed interest
(9,232
)
 
(5,084
)
 
(24
)
 
(1,266
)
 
(15,606
)
 
(273
)
Present Value of Lease Liabilities
$
22,339

 
$
18,405

 
$
1,010

 
$
5,558

 
$
47,312

 
 
Net Investment in Sales-Type Leases
 
 
 
 
 
 
 
 
 
 
$
1,521



In response to the COVID-19 pandemic and related government restrictions negatively impacting our operations, subsequent to March 31, 2020, we began renegotiating certain lease agreements to obtain rent relief in the near term, in order to help offset the negative financial impacts of COVID-19. On April 10, 2020, the Financial Accounting Standards Board ("FASB") staff issued a question-and-answer document providing guidance for lease concessions provided to lessees in response to the effects of COVID-19. Such guidance allows lessees to make an election not to evaluate whether a lease concession provided by a lessor should be accounted for as a lease modification in the event the concession does not result in a substantial increase in the rights of the lessor or the obligations of the lessee. We intend to elect this practical expedient in our accounting for any lease concessions provided for our real estate lease agreements.

The book value of the equipment held by customers under operating leases, which are classified as “Equipment” in Note 5- Property & Equipment, is as follows:
 
March 31, 2020
 
December 31, 2019
Equipment
 
 
 
Gross balance
$
55,961

 
$
57,369

Accumulated depreciation
(32,554
)
 
(30,692
)
Net Book Value
$
23,407

 
$
26,677

Leases
Leases

Our leasing operations consist of various arrangements, where we act either (i) as the lessee (primarily related to our corporate and regional offices, teleport co-location arrangements and a commitment for satellite bandwidth capacity), or (ii) as the lessor (for our owned equipment rented to connectivity customers). The following describes the nature of our various leasing arrangements and the impact to our statement of operations for the three months ended March 31, 2020:

Real Estate Operating Leases (as a Lessee)
The Company has operating leases for office facilities throughout the United States and around the world. Upon inception of a contract, the Company evaluates if the contract, or part of the contract, contains a lease. A lease conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Leases include both a right-of-use asset and a lease liability. The right-of-use asset represents the Company’s right to use the underlying asset in the lease, and it also includes prepaid lease payments. The lease liability represents the present value of the remaining lease payments discounted using the incremental borrowing rate (“IBR”). Maintenance and property tax expenses are accounted for on an accrual basis as variable lease cost. The Company has elected to combine lease and non-lease components, if applicable.

The Company records lease expense on a straight-line basis over the lease term in general and administrative expense. Total lease expense for the three months ended March 31, 2020 and 2019, was $1.4 million and $1.6 million, respectively.

The Company’s leases have remaining lease terms of one year to 10.0 years. Lease terms include renewal or termination options that the Company is reasonably certain to exercise. For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet.

Teleport Co-Location Operating Leases (as a Lessee)
The Company engages certain bandwidth providers for teleport co-location services to deliver bandwidth to our network. These co-location service agreements typically include provisions for physical rack space at a third-party teleport facility. We have determined that the space provided for our equipment constitutes an operating lease.

These leases have remaining lease terms of one year to 8.0 years as of March 31, 2020. The Company records lease expense on a straight-line basis over the lease term as part of cost of sales -- licensing and services. Total lease expense for the three months ended March 31, 2020 and 2019, was $0.5 million and $0 million, respectively.

Satellite Bandwidth Finance Lease (as a Lessee)
The Company maintains agreements with satellite service providers to provide for satellite bandwidth capacity. The Company evaluates these arrangements for embedded leases when the Company has the right to control the use of a significant portion of the identified asset. The Company has elected to separate the lease and non-lease components.

Bandwidth Operating Leases
The Company records right-of-use assets and lease liabilities for certain bandwidth capacity arrangements meeting the operating lease classification. These leases have remaining lease terms of one year to 2.0 years as of March 31, 2020. The Company records lease expense on a straight-line basis over the lease term as part of Cost of Sales - Licensing and Services. Total lease expense for the three months ended March 31, 2020 and 2019, was $0.3 million and $0 million, respectively.

For leases with a term of 12 months or less, the Company has made an accounting policy election to not record a right-of-use asset and associated lease liability on its condensed consolidated balance sheet.

Bandwidth Finance Lease
During the quarter ended June 30, 2019, the Company modified an existing arrangement for bandwidth capacity that provided us with the right to control a significant portion of the identified asset. The modified agreement met the criteria of finance lease classification.

This finance lease has a remaining lease term of 6.25 years as of March 31, 2020. The Company records amortization of right-of-use assets and interest accretion on finance lease liabilities as part of cost of sales -- licensing and services and interest expense, net, respectively. The following table provides the components of the finance lease cost for the three months ended March 31, 2020 and 2019 (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Amortization of right-of-use asset, net of lease incentive and contract liability credits
$
420

 
$

Interest accretion on finance lease liabilities
383

 

Total lease cost
$
803

 
$



Other Arrangements (as a Lessee)
The Company leases certain computer software, equipment and co-location facilities under finance leases that expire on various dates through 2022, for which the outstanding lease liability balance was assessed as not material as of March 31, 2020.

The Company reviews the carrying value of its right-of-use assets for impairment whenever events or changes in circumstances indicate that the recorded value may not be recoverable. Recoverability of assets is measured by comparing the carrying amounts of the assets to the estimated future undiscounted cash flows, excluding financing costs. If the Company determines that an impairment exists, any related impairment loss is estimated based on fair values.

Equipment Held by Customers (as a Lessor)
The Company either sells or leases certain equipment (including antennas, modems and routers, among others) as part of the bandwidth service to our Maritime and Land Connectivity customers. We account for existing equipment lease transactions as operating leases. We recognize lease payments for operating leases as licensing and services revenue in its condensed consolidated statement of operations on a straight-line basis over the lease term.

We assess new equipment lease arrangements or modifications to existing equipment lease arrangements for operating or sales-type lease classification. We recognize investments in leases for sales-type leases when the risk and rewards of ownership are not fully transferred to the customer due to our continued involvement with the equipment. We allocate the total consideration in a contract assessed with a sales-type lease using the expected cost-plus margin and residual methods for the lease and non-lease components, respectively.

The service revenues (with embedded operating equipment leases) and recognized revenues on sales-type equipment leases in which the Company acts as the lessor for the three months ended March 31, 2020 and 2019, is presented in the following table (in thousands):
 
Three Months Ended March 31
 
2020
 
2019
Bandwidth service and equipment revenues(1)
$
26,023

 
$
34,107

Earned revenues on sales-type leases at commencement(2)
103

 
333

Total Licensing and Service Revenues -- Maritime and Land Connectivity
$
26,126

 
$
34,440

(1) This is presented as part of Revenues -- Licensing and services in our condensed consolidated statement of operations, and includes the equipment lease component that is embedded in the overall bandwidth service arrangement. Since we adopted the practical expedient to not separate the lease and non-lease components as allowed with the ASC 842 implementation as of January 1, 2019, we will continue to classify existing embedded equipment arrangements as operating leases, to the extent unmodified.
(2) This includes the equipment lease revenues recognized at commencement date of the customer equipment arrangements classified as sales-type leases. As equipment leasing is a standard component in our connectivity business model, we present equipment revenues relating to these sales-type leases on a gross basis, and recognize a corresponding cost of sales equal to the net book value of the leased equipment. Interest income component is considered immaterial.

Supplemental Cash Flow Information, Weighted-Average Remaining Lease Term and Discount Rate
Because the rate implicit in each lease is not readily determinable, the Company uses its IBR to determine the present value of the lease payments. The following table discloses the weighted-average remaining lease term and IBR, as well as supplemental cash flow information (in thousands):
 
Three Months Ended March 31, 2020
Supplemental cash flow information
 
Cash paid for amounts included in the measurement of operating lease liabilities
$
2,028

Cash paid for amounts included in the measurement of finance lease liabilities
$
940

Right-of-use-assets obtained in exchange for operating lease obligations
Immaterial

Right-of-use-assets obtained in exchange for finance lease obligations
$

Weighted average remaining lease term -- real estate operating leases
7.01 years

Weighted average remaining lease term -- teleport co-location operating leases
4.59 years

Weighted average remaining lease term -- satellite capacity operating leases
0.75 years

Weighted average remaining lease term -- finance lease
6.25 years

Weighted average IBR -- real estate operating leases
9.90
%
Weighted average IBR -- teleport co-location operating leases
8.89
%
Weighted average IBR -- teleport satellite capacity operating leases
7.24
%
Weighted average IBR -- finance lease
8.30
%


Annual Future Minimum Lease Payments
The following table reflects a summary of Annual future minimum lease payments and the Company’s lease assets as of March 31, 2020 (in thousands):
 
As a Lessee
 
As a Lessor
Years Ending December 31,
Real Estate
 
Satellite Capacity
 
Satellite Capacity
 
Teleport
Co-Location
 
Total
 
Equipment Held by Customers
Lease Classification
Operating
 
Finance
 
Operating
 
Operating

 
 
Sales-Type
2020 (remaining nine months)
$
3,815

 
$
2,819

 
$
1,034

 
$
1,443

 
$
9,111

 
$
382

2021
5,153

 
3,758

 

 
1,793

 
10,704

 
503

2022
4,541

 
3,758

 

 
1,468

 
9,767

 
425

2023
3,616

 
3,758

 

 
561

 
7,935

 
261

2024
3,621

 
3,758

 

 
550

 
7,929

 
180

Thereafter
10,825

 
5,638

 

 
1,009

 
17,472

 
43

Total Future Lease Payments
$
31,571

 
$
23,489

 
$
1,034

 
$
6,824

 
$
62,918

 
$
1,794

Less: Imputed interest
(9,232
)
 
(5,084
)
 
(24
)
 
(1,266
)
 
(15,606
)
 
(273
)
Present Value of Lease Liabilities
$
22,339

 
$
18,405

 
$
1,010

 
$
5,558

 
$
47,312

 
 
Net Investment in Sales-Type Leases
 
 
 
 
 
 
 
 
 
 
$
1,521



In response to the COVID-19 pandemic and related government restrictions negatively impacting our operations, subsequent to March 31, 2020, we began renegotiating certain lease agreements to obtain rent relief in the near term, in order to help offset the negative financial impacts of COVID-19. On April 10, 2020, the Financial Accounting Standards Board ("FASB") staff issued a question-and-answer document providing guidance for lease concessions provided to lessees in response to the effects of COVID-19. Such guidance allows lessees to make an election not to evaluate whether a lease concession provided by a lessor should be accounted for as a lease modification in the event the concession does not result in a substantial increase in the rights of the lessor or the obligations of the lessee. We intend to elect this practical expedient in our accounting for any lease concessions provided for our real estate lease agreements.

The book value of the equipment held by customers under operating leases, which are classified as “Equipment” in Note 5- Property & Equipment, is as follows:
 
March 31, 2020
 
December 31, 2019
Equipment
 
 
 
Gross balance
$
55,961

 
$
57,369

Accumulated depreciation
(32,554
)
 
(30,692
)
Net Book Value
$
23,407

 
$
26,677

XML 24 R12.htm IDEA: XBRL DOCUMENT v3.20.2
Property and Equipment, net
3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment, net
Property and Equipment, net

Property and equipment, net consisted of the following (in thousands):
 
March 31, 2020
 
December 31, 2019
Leasehold improvements
$
11,340

 
$
11,319

Furniture and fixtures
2,672

 
2,683

Equipment
158,138

 
157,259

Computer equipment
15,425

 
16,993

Computer software
52,690

 
51,939

Automobiles
298

 
301

Buildings
7,087

 
7,088

Albatross (Company-owned aircraft)
456

 
456

Satellite transponders
70,100

 
70,100

Construction in-progress
1,150

 
1,499

Total property and equipment
$
319,356

 
$
319,637

Accumulated depreciation
(186,587
)
 
(174,342
)
Property and equipment, net
$
132,769

 
$
145,295



Depreciation expense, including software amortization expense, by classification consisted of the following (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Cost of sales
$
9,628

 
$
8,934

Sales and marketing
522

 
1,002

Product development
571

 
835

General and administrative
2,784

 
3,382

Total depreciation expense
$
13,505

 
$
14,153

XML 25 R13.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
Goodwill
    
We have three separate reporting units for purposes of our goodwill impairment testing. The changes in the carrying amount of goodwill by reporting unit were as follows (in thousands):
 
Aviation Connectivity
 
Maritime & Land Connectivity
 
Media & Content
 
Total
 
 
 
 
 
 
 
 
Gross carrying amount
$
98,022

 
$
209,130

 
$
83,455

 
$
390,607

Accumulated impairment loss
(44,000
)
 
(187,000
)
 

 
(231,000
)
 
54,022

 
22,130

 
83,455

 
159,607

Impairment loss

 
(22,130
)
 

 
(22,130
)
Foreign currency translation adjustments

 

 
(118
)
 
(118
)
Balance March 31, 2020
$
54,022

 
$

 
$
83,337

 
$
137,359

 
 
 
 
 
 
 
 
Gross carrying amount
$
98,022

 
$
209,130

 
$
83,337

 
$
390,489

Accumulated impairment loss

(44,000
)
 
(209,130
)
 

 
(253,130
)
Balance March 31, 2020
$
54,022

 
$

 
$
83,337

 
$
137,359



Goodwill Impairment
Goodwill and equity method investments are non-financial instruments that are measured at fair value on a non-recurring basis. In January 2017, the FASB issued ASU No. 2017-04, Intangibles-Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment, which simplifies the test for goodwill impairment by eliminating Step 2 from the goodwill impairment test. Step 2 measured a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. The guidance was adopted during the first quarter of 2017, and therefore, our interim goodwill impairment tests as of March 31, 2020 were performed using only a Step 1 test.
As of March 31, 2020, the cumulative impairment write-offs relating to our Aviation Connectivity and our Maritime & Land Connectivity reporting units was $44.0 million and $209.1 million, respectively. The Company is required to test goodwill for impairment on an annual basis and, if current events or circumstances require, on an interim basis. Our next annual impairment evaluation is scheduled during the fourth quarter of 2020.
XML 26 R14.htm IDEA: XBRL DOCUMENT v3.20.2
Intangible Assets, net
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, net
Intangible Assets, net

As a result of historical business combinations, the Company acquired finite-lived intangible assets that are primarily amortized on a straight-line basis, which approximate their expected cash flow patterns. The Company’s finite-lived intangible assets have been assigned useful lives ranging from 2.0 to 10.0 years (weighted average of 7.5 years).

Intangible assets, net consisted of the following (dollars in thousands):
 
 
 
March 31, 2020
 
Weighted Average Useful Lives
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Intangible assets:
 
 
 
 
 
 
 
Existing technology -- software
5.2 years
 
$
36,799

 
$
32,263

 
$
4,536

Developed technology
8.0 years
 
7,317

 
5,945

 
1,372

Customer relationships
8.7 years
 
138,358

 
95,259

 
43,099

Backlog
3.0 years
 
18,300

 
18,300

 

Other
5.1 years
 
1,248

 
980

 
268

Total
 
 
$
202,022

 
$
152,747

 
$
49,275


 
 
 
December 31, 2019
 
Weighted Average Useful Lives
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Intangible assets:
 
 
 
 
 
 
 
Existing technology -- software
5.2 years
 
$
36,799

 
$
30,487

 
$
6,312

Developed technology
8.0 years
 
7,317

 
5,716

 
1,601

Customer relationships
8.7 years
 
138,358

 
91,124

 
47,234

Backlog
3.0 years
 
18,300

 
18,300

 

Other
5.1 years
 
1,249

 
913

 
336

Total
 
 
$
202,023

 
$
146,540

 
$
55,483



We expect to record amortization of intangible assets as follows (in thousands):
Year ending December 31,       
Amount
2020 (remaining nine months)
$
16,056

2021
13,824

2022
7,907

2023
6,890

2024
4,230

Thereafter
368

Total
$
49,275


    
We recorded amortization expense of $6.2 million and $7.8 million for the three months ended March 31, 2020 and 2019, respectively.
XML 27 R15.htm IDEA: XBRL DOCUMENT v3.20.2
Credit Loss Reserve and Allowances
3 Months Ended
Mar. 31, 2020
Credit Loss [Abstract]  
Credit Loss Reserve and Allowances
Credit Loss Reserve and Allowances

Upon adoption of ASC 326 as of January 1, 2020, the Company implemented an expected credit loss allowance methodology for accounts receivable using historical collection experience, current and future economic and market conditions, and a review of the current status of each customer’s trade accounts receivables. As a part of the implementation, the Company analyzed the prior history of credit losses on accounts receivable separately for each of the two business segments Media & Content and Connectivity, and within each segment, separately for Aviation, Land and Maritime verticals. Our business is managed between Media & Content and Connectivity, and therefore, it was deemed appropriate to first analyze losses separately for the two based on the nature of these segments and related customer base. Further, the Company noted that historically customers between the aviation, land and maritime groups exhibit common risk characteristics based upon the industries for which they operate in and believed a further breakdown of segments across aviation, land and maritime verticals was appropriate. The analysis resulted in the Company analyzing history of credit losses on accounts receivable for a total of six aggregation points and determining loss rates for each based on a five-year period average.

The Company used the average historical loss rates in estimating credit loss reserve. Additionally, the Company estimates loss reserve based on the aging of the accounts receivable balances and the financial condition of customers and provides for specific allowance amounts for those customers that have a higher probability of default. We regularly monitor the collection status of accounts receivable through account reconciliation, dispute resolution, payment tracking, customer’s financial condition and macroeconomic conditions. We write-off balances when determined to be uncollectible. We apply a similar methodology towards our current and non-current contract asset balances, which shares some common risks with accounts receivable. Specifically, for the three months ended March 31, 2020, we have reviewed and considered the current and future economic and market conditions resulting from the COVID-19 pandemic in determining our estimated credit losses.

A summary of our allowances for credit losses were as follows (in thousands):
 
Accounts Receivable
 
Prepaid and Other Current Assets
 
Other Non-Current Assets
 
Total
Balance at January 1, 2020
$
6,776

 
$

 
$

 
$
6,776

Cumulative-effect adjustment of ASC 326 adoption
503

 
111

 
672

 
1,286

Current-period provision for expected credit losses(1)
2,950

 
4

 
33

 
2,987

Write-offs and dispositions
(866
)
 

 

 
(866
)
Foreign currency rate changes
(870
)
 

 

 
(870
)
Balance at March 31, 2020
$
8,493

 
$
115

 
$
705

 
$
9,313


(1) The current-period provision for expected credit losses was due primarily to the impact of COVID-19. One international airline partner in particular accounted for approximately 45% of the provision recorded during the three-month period ended March 31, 2020 and three other airline partners accounted for approximately 43% of the provision recorded during the same period because of financial distress caused by COVID-19. We will continue to monitor the financial conditions of all customers and will record additional credit losses in the future, as appropriate.
XML 28 R16.htm IDEA: XBRL DOCUMENT v3.20.2
Equity Method Investments
3 Months Ended
Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
Equity Method Investments

The following is the summarized balance sheet information for the Company’s interests in the WMS and Santander joint ventures. These equity method investments on an aggregated basis as of March 31, 2020 and December 31, 2019 (in thousands):
 
March 31, 2020
 
December 31, 2019
Current assets
$
45,489

 
$
50,588

Non-current assets
24,635

 
25,370

Current liabilities
13,623

 
26,593

Non-current liabilities
9,866

 
2,207


The following is the summarized results of operations information for these equity method investments on an aggregated basis for the three months ended March 31, 2020 and 2019 (in thousands):    
 
Three Months Ended March 31,
 
2020
 
2019
Revenue
$
30,877

 
$
32,100

Net income
7,088

 
6,887


The carrying values of the Company’s equity interests in WMS and Santander as of March 31, 2020 and December 31, 2019 were as follows (in thousands):
 
March 31, 2020
 
December 31, 2019
Carrying value in our equity method investments
$
64,300

 
$
78,886



As of March 31, 2020, there was an aggregate difference of $41.4 million between the carrying amounts of these investments and the amounts of underlying equity in net assets in these investments. The difference was determined by applying the acquisition method of accounting in connection with the EMC Acquisition and is being amortized ratably over the life of the related acquired intangible assets. The weighted-average life of the intangible assets at the time of the EMC Acquisition in total was 14.9 years.
XML 29 R17.htm IDEA: XBRL DOCUMENT v3.20.2
Financing Arrangements
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Financing Arrangements
Financing Arrangements

Covenant Compliance
Please refer to Note 2. Summary of Significant Accounting Policies for additional details regarding covenant compliance.

Long-Term Debt

A summary of our borrowings as of March 31, 2020 and December 31, 2019 is set forth below (in thousands):
 
March 31, 2020
 
December 31, 2019
Senior secured term loan facility, due January 2023(+)
$
504,680

 
$
506,037

Senior secured revolving credit facility, due January 2022(+)(1)
80,615

 
43,315

Convertible senior notes due 2035(2)
82,500

 
82,500

Second Lien Notes, due June 2023(3)
188,716

 
178,034

Other debts(4)
22,937

 
23,685

Unamortized bond discounts, fair value adjustments and issue costs, net
(58,068
)
 
(60,509
)
Total carrying value of debt
821,380

 
773,062

Less: current portion, net
(804,575
)
 
(15,678
)
Total non-current
$
16,805

 
$
757,384

(+) This facility is a component of the 2017 Credit Agreement.
(1) As of March 31, 2020, the available balance under our $85.0 million Revolving Credit Facility is $0.0 million (net of outstanding letters of credit). The 2017 Credit Agreement provides for the issuance of letters of credit in the amount equal to the lesser of $15.0 million and the aggregate amount of the then-remaining revolving loan commitment. As of March 31, 2020, we had outstanding letters of credit of $4.4 million under the 2017 Credit Agreement.
(2) The principal amount outstanding of the 2.75% convertible senior notes due 2035 (the “Convertible Notes”) as set forth in the foregoing table was $82.5 million as of March 31, 2020. The carrying amount, net of debt issuance costs and associated discount, was $71.3 million and $71.1 million as of March 31, 2020 and December 31, 2019, respectively.
(3) The principal amount outstanding of the second lien notes due June 30, 2023 (the “Second Lien Notes”) as set forth in the foregoing table was $188.7 million as of March 31, 2020. The value allocated to the attached penny warrants and market warrants for financial reporting purposes was $14.9 million and $9.3 million, respectively. These qualify for classification in stockholders’ equity and are included in the condensed consolidated balance sheets within “Additional paid-in capital”.
(4) As of March 31, 2020, Other debts primarily consisted of (i) $3.4 million remaining financed amount for transponder purchases, which was payable April 2020, and remains unpaid at filing date; and (ii) $18.4 million of finance lease liability relating to an assessed right-of-use over a satellite bandwidth capacity (refer to Note 4. Leases for further details).

The aggregate contractual maturities of all borrowings, including finance leases, subsequent to March 31, 2020 were as follows (in thousands):
Years Ending December 31,
Amount
2020 (remaining nine months)
$
13,633

2021
29,818

2022
110,564

2023
633,974

2024
3,236

Thereafter
88,223

Total
$
879,448



Reclassification of Long-Term Debt to Current
Although the Company entered into the Tenth Amendment to the 2017 Credit Agreement as a result of which it was not required to comply with the Maximum First Lien Leverage covenant for the period ended March 31, 2020, it was in compliance with all covenants under its debt agreements as of March 31, 2020. Based on current projections, management believes it is probable that the Company will not comply with the Minimum Liquidity covenant and the Maximum First Lien Leverage covenant in the 2017 Credit Agreement during the remainder of the fiscal year. Based on the above and the cross-default provisions contained in our other debt, which would be triggered upon acceleration of debt under the 2017 Credit Agreement, at March 31, 2020 the Company classified all applicable long-term debt as current. See Note 2. Summary of Significant Accounting Policies for further details.

Revolving Credit Facility Drawdown
On February 28, 2020, as a precautionary measure to ensure financial flexibility and maintain maximum liquidity in response to the COVID-19 pandemic, we further leveraged our balance sheet, and executed a drawdown of the remaining $41.8 million under our Revolving Credit Facility (the “Drawdown”) with a corresponding increase in our cash on hand. Following the Drawdown, we have no remaining borrowing under the Revolving Credit Facility. As of March 31, 2020 we had approximately $54.2 million of cash and cash equivalents, excluding restricted cash of approximately $0.7 million.
XML 30 R18.htm IDEA: XBRL DOCUMENT v3.20.2
Related Party Transactions
3 Months Ended
Mar. 31, 2020
Related Party Transactions [Abstract]  
Related Party Transactions
Related Party Transactions

Loan Advances in lieu of Future Payouts from WMS
In February 2019, the Company entered into a demand promissory note with WMS (as an advance against future dividends that WMS may pay the Company) for approximately $7.4 million, accruing interest at 6.5% per annum, and concurrently signed an agreement to waive future dividends or other such distributions by WMS to the Company until such time as the outstanding principal and accrued but unpaid interest on the demand promissory note has been repaid in full. The outstanding demand promissory note would be reduced dollar-for-dollar by any such distribution amounts waived. The Company may prepay the promissory note at any time without prepayment penalty. The entire principal balance of this promissory note together with all accrued but unpaid interest is due on the earliest to occur of (i) demand by the holder, (ii) December 31, 2020 and (iii) the date of acceleration of the promissory note as a result of the occurrence of an event of default. The promissory note was reduced to zero in the third quarter of 2019 for distribution amount waived. During the three months ended March 31, 2020, WMS approved a deemed dividend to the Company totaling $3.7 million, which was distributed in cash to the Company in the second quarter of 2020.
Due to Santander
In connection with the EMC Acquisition, the Company acquired a 49% equity interest in Santander. The Company accounts for its interest in Santander using the equity method and includes our share of Santander’s profits or losses in Income from equity method investments in the condensed consolidated statements of operations. During each of the three months ending March 31, 2020 and 2019, the Company purchased approximately $1.1 million from Santander for teleport and related network support services. As of March 31, 2020 and December 31, 2019, the Company owed Santander approximately $1.3 million and $1.8 million, respectively, which is included in accounts payable and accrued liabilities in the condensed consolidated balance sheets for their teleport services and related network operations support services.

Amended and Restated Registration Rights Agreement
When we consummated our business combination in January 2013 with Row 44 and Advanced Inflight Alliance AG, we entered into an amended and restated registration rights agreement with Par Investment Partners, L.P. (“PAR”), entities affiliated with Putnam Investments, Global Eagle Acquisition LLC (the “Sponsor”) and a current member of our board of directors (“Board of Directors” or “Board”), Harry E. Sloan and our then Board member, Jeff Sagansky, both of whom were affiliated with the Sponsor. Under that agreement, we agreed to register the resale of securities held by such parties (the “registrable securities”) and to sell those registrable securities pursuant to an effective registration statement in a variety of manners, including in underwritten offerings. We also agreed to pay the security holders’ expenses in connection with their exercise of their registration rights.

In addition, the amended and restated registration rights agreement restricts our ability to grant registration rights to a third party on parity with or senior to those held by the “holders” (as defined under that agreement) without the consent of holders of at least a majority of the “registrable securities” under that agreement. In April 2018, we entered into a consent to the amended and restated registration rights agreement with PAR whereby PAR (as a holder of a majority of registrable securities thereunder) consented to the registration rights that we provided to Searchlight Capital Partners, L.P. (“Searchlight”) as part of its investment in us.

According to a Schedule 13G/A filed on February 7, 2018, and a Schedule 13D/A filed on June 6, 2019, respectively, neither Putnam Investments nor PAR hold more than 5% of our outstanding common stock, and as such each has ceased to be a related party. Furthermore, Mr. Sagansky ceased being a related party on June 24, 2019 when he retired from our Board. Mr. Sloan continues to be a related party.

Second Lien Amendment
In addition, on April 15, 2020, we entered into a Third Amendment to Securities Purchase Agreement (the “Third Amendment to Securities Purchase Agreement”) among the Company, the guarantors party thereto, and each purchaser party thereto. The Third Amendment to Securities Purchase Agreement amended the Securities Purchase Agreement, dated as of March 8, 2018, by and among the Company, Searchlight II TBO, L.P., Searchlight II TBO-W, L.P., and Cortland Capital Market Services LLC, as collateral agent, and modified the Securities Purchase Agreement, including with respect to the following terms:

The deadline for delivery of audited consolidated annual financial statements of the Company for the fiscal year ended December 31, 2019 was extended from the date that is 120 days after the end of such fiscal year until the date that is 30 days after May 15, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission), and such financial statements may be subject to a “going concern” qualification.
The deadline for delivery of unaudited consolidated quarterly financial statements of the Company for fiscal quarter ended March 31, 2020 was extended from the date that is 60 days after the end of such fiscal quarter until the date that is 15 days after June 29, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission).
The deadline for delivery of a consolidated budget for fiscal year 2020 in respect of such fiscal year was extended from 120 days after the end of the 2019 fiscal year until June 1, 2020. Pursuant to the Second Lien Amendment, the noteholders consented to the First Lien Amendment (as defined below) and to the transactions contemplated thereby.

The Third Amendment to Securities Purchase Agreement is attached to the December 31, 2019 Annual Report on Form 10-K as Exhibit 10.22.

Subscription Receivable with Former Employee
A former employee is party to a Secured Promissory Note dated July 15, 2011, pursuant to which the former employee agreed to pay the Company (as successor to Row 44, Inc., which is a Company subsidiary) a principal sum of approximately $0.4 million, plus interest thereon at a rate of 6% per annum. The former employee granted the Company a security interest in shares of Row 44 held by him (which Row 44 shares were subsequently converted into 8,956 shares of the Company’s common stock) to secure his obligations to repay the loan. As of March 31, 2020 and December 31, 2019, the balance of the note (with interest) was approximately $0.6 million, which is presented as a subscription receivable. We recognize interest income on the note when earned (using the simple interest method) but have not collected any interest payments since the origination of the note. Interest income recognized by the Company during the three months ended March 31, 2020 and March 31, 2019 were not material. The Company has been making ongoing assessments regarding the collectability of this note and the subscription receivable balance and has been in litigation with the former employee to recover the loan and to address his allegations that we breached related settlement agreements with him in 2014 and 2015. On December 16, 2019, following trial in the Superior Court of California for the County of Los Angeles, the jury returned a verdict in favor of the Company regarding the employee’s obligation to repay the note and a mixed verdict regarding the alleged breach of two claimed settlement agreements between the parties. On February 24, 2020, the Court entered judgement deeming the Company the prevailing party in the lawsuit and, among other things, providing for a net monetary award in favor of the Company of approximately $0.5 million, which award represents the full value of the note and associated interest offset by the amount the employee claimed he would have saved under the purported 2015 settlement agreement. On May 6, 2020, the former employee filed a Notice of Appeal; the Company cross-appealed on June 2, 2020. In addition, the Company filed a motion for attorneys’ fees in the trial court for over $0.9 million, which has been set for hearing on September 9, 2020. The Company will continue making assessments regarding the collectability of our monetary award as the appeals process progresses.
XML 31 R19.htm IDEA: XBRL DOCUMENT v3.20.2
Commitments and Contingencies
3 Months Ended
Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Commitments and Contingencies

Movie License and Internet Protocol Television (“IPTV”) Commitments
In the ordinary course of business, we have long-term commitments, such as license fees and guaranteed minimum payments owed to content providers. In addition, we have long-term arrangements with service and television providers to license and provide content and IPTV services that are subject to future guaranteed minimum payments from us to the licensor.

The following is a schedule of future minimum commitments under movie and IPTV arrangements as of March 31, 2020 (in thousands):
Years Ending December 31,
Amount
2020 (remaining nine months)
$
33,562

2021
7,588

2022
2,466

Total
$
43,616



Satellite Bandwidth Capacity
The Company maintains agreements with satellite service providers to provide for satellite capacity. Except when an arrangement is assessed to meet the definition of a finance lease in accordance with ASC 842, in which case the expensing pattern is front-loaded, the Company expenses these satellite fees in the month the service is provided as a charge to licensing and services cost of sales.

The following is a schedule of future minimum satellite costs, across all connectivity end-markets and including the satellite bandwidth arrangement assessed as a finance lease, as of March 31, 2020 (in thousands):
Years Ending December 31,
Amount
2020 (remaining nine months)
$
65,874

2021
49,903

2022
34,527

2023
33,032

2024
33,032

Thereafter
58,355

Total Future Payments
$
274,723



Other Commitments
In the normal course of business, we enter into future purchase commitments with some of our connectivity vendors to secure future inventory for our customers and engineering and antenna project developments. As of March 31, 2020, we also had outstanding letters of credit in the amount of $4.4 million, of which $4.4 million was issued under the letter of credit facility under the 2017 Credit Agreement.

Contingencies
We are subject to various legal proceedings and claims that have arisen in the ordinary course of business and that have not been fully and finally adjudicated. We record accruals for loss contingencies when our management concludes it is probable that a liability has been incurred and the amount of the related loss can be reasonably estimated. On a regular basis, our management evaluates developments in legal proceedings and other matters that could cause an increase or decrease in the amount of the liability that has been accrued previously. While it is not possible to accurately predict or determine the eventual outcomes of these matters, an adverse determination in one or more of these matters could have a material adverse effect on our condensed consolidated financial position, results of operations or cash flows. Some of our legal proceedings as well as other matters that our management believes could become significant are discussed below:
                
Music Infringement and Related Claims. On May 6, 2014, UMG Recordings, Inc., Capitol Records, Universal Music Corp. and entities affiliated with the foregoing (collectively, “UMG”) filed suit in the United States District Court for the Central District of California against us and Inflight Productions Ltd. (“IFP”), our indirect subsidiary, for copyright infringement and related claims and unspecified money damages. In August 2016, we entered into settlement agreements with major record labels and publishers, including UMG, to settle music copyright infringement and related claims (the “Sound Recording Settlements”). As a result of the Sound Recording Settlements, we paid approximately $18.0 million in cash and issued approximately 72,000 shares of our common stock to settle lawsuits and other claims. Under the settlement agreement with UMG, we paid UMG an additional $5.0 million in cash in March 2017 and agreed to issue 20,000 additional shares of our common stock when and if our closing price of our common stock exceeds $250.00 per share and 16,000 additional shares of our common stock when and if the closing price of our common stock exceeds $300.00 per share.

In 2016, we received notices from several other music rights holders and associations acting on their behalf regarding potential claims that we infringed their music rights and the rights of artists that they represent. To date, none of these rights holders or associations has initiated litigation against us, except for BMG Rights Management (US) LLC (“BMG”) as described in the following paragraph. Other than in respect of the BMG litigation (the loss probability and liability estimate of which we discuss in the following paragraph), we believe that a loss relating to these matters is probable, but we believe that it is unlikely to be material and therefore have accrued an immaterial amount for these loss contingencies. If initiated however, we intend to vigorously defend ourselves against these claims.

On May 3, 2018, BMG filed suit in the United States District Court for the Central District of California against us and IFP for copyright infringement and related claims and unspecified money damages. On December 3, 2019, the case was dismissed with prejudice pursuant to a settlement agreement with BMG for an aggregate payment of $5.5 million, to be paid over time, as follows: $0.5 million within 14 days of the execution of the settlement agreement; $1.5 million on or before each of December 31, 2019, June 30, 2020, and June 30, 2021; and $0.5 million on or before June 30, 2022. We have booked an accrual for this legal settlement in the amount of $3.5 million as of December 31, 2019.

SwiftAir Litigation. On August 14, 2014, SwiftAir, LLC filed suit against our wholly owned subsidiary Row 44 and Southwest Airlines for breach of contract,  quantum meruit , unjust enrichment and several other contract- and tort/statutory-based claims in the Superior Court of California for the County of Los Angeles. SwiftAir and Row 44 had a contractual relationship whereby Row 44 agreed to give SwiftAir access to Row 44’s portal on Southwest Airlines so that SwiftAir could market a destination deal product to Southwest Airlines’ passengers. In 2013, after Southwest Airlines decided not to proceed further with the destination deal product, Row 44 terminated its contract with SwiftAir. In its lawsuit, SwiftAir sought approximately $9.0 million in monetary damages (plus punitive and other extra-contractual damages) from Row 44 and Southwest Airlines. In 2017, the court granted Row 44’s motion for summary judgment as to SwiftAir’s tort/statutory-based claims. In January 2018, the court granted Row 44’s motions in limine  that limited SwiftAir’s contract damages claims against Row 44 to nominal damages. Southwest Airlines however remained exposed to all of SwiftAir’s compensatory damages claims.  On September 9, 2019, following a three-week trial, the jury returned a full defense verdict in favor of Row 44 and Southwest Airlines. On October 1, 2019, the Court entered judgment against SwiftAir; notice of entry of judgment was given on October 10, 2019. On October 15, 2019, Row 44 filed its memorandum of costs and it intends to file a motion for attorneys’ fees and non-statutory costs and expenses.

On October 25 and 28, 2019, SwiftAir filed motions for a new trial and judgment notwithstanding the verdict, respectively, which were set for hearing on December 6, 2019. Row 44 filed a motion for attorneys’ fees and costs, which was also set for hearing on December 6, 2019. At that December 6, 2019 hearing, the trial court denied SwiftAir’s motions and took Row 44’s motion for attorneys’ fees and costs under submission. On March 2, 2020, the trial court granted Row 44’s motion in the amount of $2.2 million for fees and $0.1 million for costs. SwiftAir filed a Notice of Appeal as to both Row 44 and Southwest Airlines; its opening brief on appeal will be due between 40 days after the Reporter’s Transcript is complete. Separately, Southwest Airlines has sought indemnification from Row 44 in connection with its defense of SwiftAir’s claim (and for any loss that it may face). Row 44 provided partial indemnity until the trial court granted its motion for summary adjudication on certain issues in June 2017, at which time it ceased paying for any of Southwest’s attorneys’ fees. We intend to vigorously defend against any claims in this matter. We do not believe that a material loss relating to this matter is probable, and due to the speculative nature of SwiftAir’s potential post-trial motions and appeal (and its damages claims), we are currently unable to estimate the amount of any potential loss; as such, we have not accrued any amount for this loss contingency.

In addition, from time to time, we are or may be party to various additional legal matters incidental to the conduct of our business. Some of the outstanding legal matters include speculative claims for indeterminate amounts of damages, for which we have not recorded any contingency accrual. Additionally, we have determined that other legal matters are likely not material to our financial statements, and as such have not discussed those matters above. Although we cannot predict with certainty the ultimate resolution of these speculative and immaterial matters, based on our current knowledge, we do not believe that the outcome of any of these matters will have a material adverse effect on our financial statements.
XML 32 R20.htm IDEA: XBRL DOCUMENT v3.20.2
Equity Transactions
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Equity Transactions
Equity Transactions    

Shareholder Rights Plan
On March 19, 2020, our Board adopted a stockholder rights plan, as set forth in a Rights Agreement between the Company and American Stock Transfer and Trust Company, LLC (the “Rights Plan”) and issued the rights contemplated thereby (the “Rights”) on March 30, 2020. The Rights Plan is intended to promote the fair and equal treatment of all of our stockholders and ensure that no person or group can gain control of us through open market accumulation or other tactics without paying a control premium and potentially disadvantaging the interest of all stockholders. The Rights Plan ensures that our Board has sufficient time to exercise its fiduciary duties to make informed judgments about the actions of third parties that may not be in the best interests of us and our stockholders.

In general terms, the Rights will become exercisable if a person or group becomes the beneficial owner of 20% or more of the Company’s outstanding Common Stock. Stockholders who beneficially owned 20% or more of Global Eagle’s outstanding common stock prior to the issuance of the December 31, 2019 earnings release will not trigger the exercisability of the Rights so long as they do not acquire beneficial ownership of any additional shares of common stock at a time when they still beneficially own 20% or more of such common stock, subject to certain exceptions as described in the Rights Plan. In the event that the Rights become exercisable due to the triggering ownership threshold being crossed, each Right will entitle its holder to purchase a number of shares of Common Stock or equivalent securities having a market value at that time of twice the Right’s purchase price. The Rights Plan is attached to the December 31, 2019 Annual Report on Form 10-K as Exhibit 4.14.

Common Stock
On April 15, 2020, the Board of Directors approved a reverse stock split of the Company’s outstanding and authorized shares of common stock at a ratio of 1-for-25 (the “Reverse Stock Split”). As a result of the Reverse Stock Split, the number of the Company’s issued and outstanding shares of common stock was decreased from 92,944,935 to 3,717,797, all with a par value of $0.0001. The effective date of the Reverse Stock Split was April 16, 2020. The Reverse Stock Split affected all stockholders uniformly and did not alter any stockholder’s percentage interest in the Company’s common stock, except for adjustments that resulted from the treatment of fractional shares as follows: (i) no fractional shares were issued as a result of the Reverse Stock Split; and (ii) stockholders who would have been entitled to a fractional share as a result of the Reverse Stock Split instead received a cash payment from the transfer agent in an amount equal to the fractional share multiplied by the closing price of our common stock the day before the Reverse Stock Split became effective. All share and per share amounts presented in these financial statements, have been adjusted for this Reverse Stock Split.

2013 Equity Plan
Under the Company’s 2013 Amended and Restated Equity Incentive Plan (as amended, the “2013 Equity Plan”), the Administrator of the Plan, which is the Compensation Committee of the Company’s Board of Directors, was able to grant up to 440,000 shares (through stock options, restricted stock, restricted stock units (“RSUs”)) (including both time-vesting and performance-based RSUs) and other incentive awards) to employees, officers, non-employee directors, and consultants. The Company ceased using the 2013 Equity Plan for new equity issuances in December 2017, upon receiving stockholder approval of the Company’s new 2017 Omnibus Long-Term Incentive Plan (as amended, the “2017 Omnibus Plan”), although the Company continues to have outstanding previously granted equity awards issued under the 2013 Equity Plan. These previously granted awards represent the right to receive 282,812 shares of the Company’s common stock (as of January 18, 2018) if and when they later vest and/or are exercised. See “2017 Equity Plan” immediately below.

2017 Equity Plan
On December 21, 2017, the Company’s stockholders approved the 2017 Omnibus Plan. The Company had 83,914 shares remaining shares available for issuance under the 2013 Equity Plan (as of that date) and those shares rolled into the 2017 Omnibus Plan and became available for grant thereunder. The 2017 Omnibus Plan separately made available 260,000 shares of the Company’s common stock for new issuance thereunder, in addition to those rolled over from the 2013 Equity Plan. The Administrator of the 2017 Omnibus Plan, which is the Compensation Committee of the Board of Directors, may grant share awards (through stock options, restricted stock, RSUs (including both time-vesting and performance-based RSUs) and other incentive awards) to employees, officers, non-employee directors, and consultants.

On June 25, 2018, the Company’s stockholders approved an amendment and restatement of the 2017 Equity Plan that increased by 80,000 the number of shares of the Company’s common stock authorized for issuance thereunder.
 
Stock Repurchase Program
In March 2016, our Board of Directors authorized a stock repurchase program under which we may repurchase up to $50.0 million of our common stock. Under the stock repurchase program, we may repurchase shares from time to time using a variety of methods, which may include open-market purchases and privately negotiated transactions. The extent to which we repurchase our shares, and the timing and manner of such repurchases, will depend upon a variety of factors, including market conditions, regulatory requirements and other corporate considerations, as determined by management. We measure all potential buybacks against other potential uses of capital that may arise from time to time. The repurchase program does not obligate us to repurchase any specific number of shares, and may be suspended or discontinued at any time. We expect to finance any purchases with existing cash on hand, cash from operations and potential additional borrowings. We did not repurchase any shares of our common stock during the three months ended March 31, 2020 and 2019. As of March 31, 2020, the remaining authorization under the stock repurchase plan was $44.8 million.

Stock-Based Compensation Expense
Stock-based compensation expense related to our directors and other personnel for the three months ended March 31, 2020 and 2019 was as follows (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Cost of services
$
66

 
$
27

Sales and marketing
57

 
53

Product development
77

 
68

General and administrative
928

 
1,141

Total
$
1,128

 
$
1,289


Total stock-based compensation expense includes the revaluation adjustment related to the Company’s cash-settled phantom stock options, which are accounted for as liability awards and are re-measured at fair value each reporting period. Compensation expense is recognized over the requisite service period.
XML 33 R21.htm IDEA: XBRL DOCUMENT v3.20.2
Income Taxes
3 Months Ended
Mar. 31, 2020
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes

The Company recorded income tax provision of $1.1 million and $0.1 million for the three months ended March 31, 2020 and 2019, respectively. The tax provision for the three months ended March 31, 2020 is primarily attributable to foreign income taxes resulting from our foreign subsidiaries' contribution to pretax income, withholding taxes, changes in valuation allowance, and deferred tax expense on amortization of indefinite-lived intangible assets. The tax provision for the three months ended March 31, 2019 was primarily attributable to the foreign withholding taxes, foreign income taxes resulting from the foreign subsidiaries' contribution to pretax income, basis difference in convertible debt and effects of permanent differences.

Due to uncertainty as to the realization of benefits from the Company's U.S. and certain international net deferred tax assets, including net operating loss carryforwards, the Company has a full valuation allowance reserved against such net deferred tax assets. The Company intends to continue to maintain a full valuation allowance on certain jurisdictions’ net deferred tax assets until there is sufficient evidence to support the reversal of all or some portion of these allowances.

As of March 31, 2020, and December 31, 2019, the liability for income taxes associated with uncertain tax positions was $6.3 million and $7.7 million, respectively. As of March 31, 2020, and December 31, 2019, the Company had accrued $6.2 million and $6.4 million, respectively, of interest and penalties related to uncertain tax positions. It is reasonably possible that the amount of the unrecognized benefit with respect to certain of the Company’s unrecognized tax positions may significantly decrease within the next 12 months. This change may be the result of settlement of ongoing foreign audits.
XML 34 R22.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Segment Information
Segment Information

Our business comprises two operating segments:

Media & Content: selects, manages, provides lab services and distributes wholly owned and licensed media content, video and music programming, advertising, applications and interactive games to the airline, maritime and other “away from home” non-theatrical markets.

Connectivity: provides customers, including their passengers, crew, remote workers and soldiers, as applicable, with (i) Wi-Fi connectivity via C, Ka and Ku-band satellite and terrestrial wireless transmissions that enable access to the Internet, live television, on-demand content, shopping and travel-related information and (ii) operational solutions that allow customers to improve the management of their internal operations and passenger service delivery.

Our Chief Executive Officer, the Company’s CODM, evaluates financial performance and allocates resources by reviewing revenue, costs of sales and contribution profit separately for our two segments. Total segment gross margin provides the CODM a measure to analyze operating performance of each of the Company’s operating segments and its enterprise value against historical data and competitors’ data. However, historical results may not be indicative of future results because operating performance is highly contingent on many factors, including customer tastes and preferences. All other financial information is reviewed by the CODM on a consolidated basis.

The following table summarizes revenue and gross margin by our reportable segments for the three months ended March 31, 2020 and 2019 (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Revenue:
 
 
 
Media & Content -- Licensing and Services
$
68,385

 
$
80,010

Connectivity -- Services
67,260

 
70,468

Connectivity -- Equipment
8,520

 
16,141

Total revenue
$
144,165

 
$
166,619

Cost of sales:
 
 
 
Media & Content -- Licensing and Services
$
55,556

 
$
57,669

Connectivity -- Services
57,728

 
65,600

Connectivity -- Equipment
7,523

 
10,925

Total cost of sales
$
120,807

 
$
134,194

Gross Margin:
 
 
 
Media & Content
$
12,829

 
$
22,341

Connectivity
10,529

 
10,084

Total Gross Margin
23,358

 
32,425

Other operating expenses
70,151

 
51,515

Loss from operations
$
(46,793
)
 
$
(19,090
)


The Company’s total assets by segment were as follows (in thousands):
 
 
March 31, 2020
 
December 31, 2019
Media & Content
 
$
300,205

 
$
316,340

Connectivity
 
279,799

 
331,368

Total segment assets
 
580,004

 
647,708

Corporate assets
 
50,472

 
20,872

Total assets
 
$
630,476

 
$
668,580

XML 35 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value Measurements
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Fair Value Measurements
Fair Value Measurements

The accounting guidance for fair value establishes a framework for measuring fair value and establishes a three-level valuation hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows:

Level 1: Observable quoted prices in active markets for identical assets and liabilities.
Level 2: Observable quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market.
Level 3: Model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models, and similar techniques.
 
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The assets and liabilities that are fair valued on a recurring basis are described below and contained in the following tables. In addition, on a non-recurring basis, the Company may be required to record other assets and liabilities at fair value. These non-recurring fair value adjustments involve the lower of carrying value or fair value accounting and write-downs resulting from impairment of assets.

Due to the short-term nature, carrying amounts of cash, cash equivalents, restricted cash, accounts receivable and accounts payable approximate fair value.

The following tables summarize our financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2020, and December 31, 2019, respectively (dollar values in thousands, other than per-share values):
 
Balance Sheet Location
 
March 31, 2020
 
Quotes Prices in Active Markets
(Level 1)
 
 Significant Other Observable Inputs
(Level 2)
 
 Significant Other Unobservable Inputs
(Level 3)
Liabilities:
 
 
 
 
 
 
 
 
 
Contingently issuable shares (1)
Accounts payable and accrued liabilities
 
$
98

 
$

 
$

 
$
98

Phantom stock options (2)
Other non-current liabilities
 
243

 

 

 
243

Total
 
 
$
341

 
$

 
$

 
$
341

 
Balance Sheet Location
 
December 31, 2019
 
Quotes Prices in Active Markets
(Level 1)
 
 Significant Other Observable Inputs
(Level 2)
 
 Significant Other Unobservable Inputs
(Level 3)
Liabilities:
 
 
 
 
 
 
 
 
 
Contingently issuable shares (1)
Accounts payable and accrued liabilities
 
$
305

 
$

 
$

 
$
305

Phantom stock options (2)
Other non-current liabilities
 
464

 

 

 
464

Total
 
 
$
769

 
$

 
$

 
$
769

(1) In connection with the Sound-Recording Settlements (as described in Note 10. Commitments and Contingencies above), the Company is obligated to issue to UMG (as defined in that Note) 20,000 shares of its common stock when and if the closing price of the Company's common stock exceeds $250.00 per share and an additional 16,000 shares of common stock when and if the closing price of the Company’s common stock exceeds $300.00 per share. Such contingently issuable shares are classified as liabilities and are re-measured to fair value each reporting period.
(2) Our cash-settled phantom stock options are accounted for as liability awards and are re-measured at fair value each reporting period with changes flowing through statement of operations. As of March 31, 2020, the aggregate estimated fair value of our cash-settled phantom stock options was $0.2 million, of which the amortized portion recognized as a liability in our condensed consolidated balance sheet was $0.2 million.

The following table shows the carrying amounts and the fair values of our long-term debt in the condensed consolidated financial statements at March 31, 2020 and December 31, 2019, respectively (in thousands):
 
March 31, 2020
 
December 31, 2019
 
Carrying Amount(7)
 
Fair Value
 
Carrying Amount (7)
 
Fair Value
Senior secured term loan facility, due January 2023 (+)(1)
$
485,405

 
$
317,948

 
$
485,166

 
$
454,168

Senior secured revolving credit facility, due January 2022 (+)(2)
80,615

 
80,615

 
43,315

 
43,315

Convertible senior notes due 2035 (1)(3)
71,302

 
5,775

 
71,126

 
37,125

Second Lien Notes, due June 2023(4)(5)
161,121

 
23,058

 
149,772

 
99,922

Other debt (6)
22,937

 
22,937

 
23,683

 
23,685

 
$
821,380

 
$
450,333

 
$
773,062

 
$
658,215

(+)
This facility is a component of the 2017 Credit Agreement.
(1)
The estimated fair value is classified as Level 2 financial instrument and was determined based on quoted prices of the instrument in a similar over-the-counter market.
(2)
The estimated fair value is considered to approximate carrying value and is classified as Level 3 financial instruments.
(3)
The fair value of the 2.75% Convertible Notes is exclusive of the conversion feature therein, which was originally allocated for reporting purposes at $13.0 million, and is included in the condensed consolidated balance sheets within “Additional paid-in capital”. The principal amount outstanding of the Convertible Notes was $82.5 million as of March 31, 2020, and the carrying amount in the foregoing table reflects this outstanding principal amount net of debt issuance costs and discount associated with the equity component.
(4)
The principal amount outstanding of the Second Lien Notes, due June 2023 as set forth in the foregoing table was $188.7 million as of March 31, 2020, and includes $38.7 million of payment-in-kind (“PIK”) interest converted to principal since debt issuance. The value allocated to the attached penny warrants and market warrants for financial reporting purposes was $14.9 million and $9.3 million, respectively. These qualify for classification in stockholders’ equity and are included in the condensed consolidated balance sheets within “Additional paid-in capital” (see Note 10. Financing Arrangements).
(5)
The fair value of the Second Lien Notes was determined based on a Black-Derman-Toy interest rate Lattice model. The key inputs of the valuation model contain certain Level 3 inputs.
(6)
The estimated fair value is considered to approximate carrying value given the short-term maturity and is classified as Level 3 financial instruments. For March 31, 2020, Other debts primarily consisted of (i) $3.4 million financing for transponder purchases, which was payable April 2020, and remains unpaid at filing date; and (ii) $18.4 million of finance lease liability relating to an assessed right-of-use over a satellite bandwidth capacity (refer to Note 4. Leases for further details).
(7)
The carrying amounts presented above at March 31, 2020 and December 31, 2019 are net of $58.1 million and $60.5 million of unamortized bond discounts and issuance costs, respectively.

Non-financial Assets Measured at Fair Value on a Nonrecurring Basis
The Company measures certain non-financial assets at fair value on a nonrecurring basis, primarily goodwill and long-lived tangible, equity method investments and intangible assets, in connection with periodic evaluations for potential impairment. The Company estimates the fair value of these assets using primarily unobservable inputs and, as such, these are considered Level 3 fair value measurements.

In the first quarter of 2020, the long-term operating plan for the Maritime & Land Connectivity reporting unit was updated to reflect current expectations for future growth and profitability, which were lower than previous expectations. Due to lowered expectations, the Company tested the Maritime and Land Segment goodwill for impairment three quarters prior to the annual evaluation. Step 1 test results indicated that the estimated fair value of the reporting unit was less than the carrying value. This impairment was primarily due to lower than expected financial results of the reporting unit during the three months ended March 31, 2020 due primarily to impacts of COVID-19 outbreak on our cruise and yacht channels, coupled with the loss of a Brazilian government customer and  continuation of exiting the mobile network operation channel. Given these indicators, the Company then determined that there was a higher degree of uncertainty in achieving its financial projections for this unit and as such, increased its discount rate, which reduced the fair value of the unit.

In our Step 2 analysis, we used a combination of the expected present value of future cash flows (income approach) and comparable public companies (market approach) to determine the fair value of the reporting unit. The fair value analysis took into account recent and expected operating performance as well as the overall decline in the Maritime industry. Within our Maritime & Land Segment, the Company recognized a goodwill impairment charge of $22.1 million in Q1 2020. (see Note 2. Summary of Significant Accounting Policies for previous discussion about approach to estimating fair value for these level-3 assets).

The Company determined the carrying value of the interests in the WMS and Santander Teleport S.L. (“Santander”) joint ventures exceeded their estimated fair value of the Company’s interests, which management concluded was other than temporary. The Company recorded an impairment charge of $10.1 million and $3.0 million relating to its WMS and Santander equity investments, respectively. This WMS impairment was primarily the result of lower than expected financial results for the quarter ended March 31, 2020 due to the uncertainty related to the impacts of the COVID-19 pandemic on the cruise industry.
XML 36 R24.htm IDEA: XBRL DOCUMENT v3.20.2
Concentrations
3 Months Ended
Mar. 31, 2020
Risks and Uncertainties [Abstract]  
Concentrations
Concentrations

Financial instruments that potentially subject us to a concentration of credit risk consist of cash and cash equivalents and accounts receivable.

As of March 31, 2020, and 2019, we maintained our cash and cash equivalents primarily with major U.S. financial institutions and foreign banks. Deposits with these institutions at times exceeded the federally insured limits, which potentially subjects us to concentration of credit risk. We have not historically experienced any losses related to these balances and believe that there is minimal risk of any such losses.

As of March 31, 2020, approximately $4.8 million of our total cash and cash equivalents of $54.2 million was held by our foreign subsidiaries. If we repatriate these funds for use in our U.S. operations, we may be required to pay income taxes in the U.S. on the repatriated amount at the tax rates then in effect, reducing the net cash proceeds to us after repatriation. In the event we elect to repatriate any of these funds, we believe we have sufficient net operating losses for the foreseeable future to offset any repatriated income. As a result, we do not expect that any such repatriation would create a tax liability in the U.S. or have a material impact on our effective tax rate.

Customer Concentration
A substantial portion of our revenue is generated through arrangements with Southwest Airlines, Inc. (“Southwest Airlines”). As of March 31, 2020 and 2019, the percentage of revenue generated through this customer was as follows:
 
Three Months Ended March 31,
 
2020
 
2019
Southwest Airlines as a percentage of total revenue
20
%
 
21
%
Southwest Airlines as a percentage of Connectivity revenue
38
%
 
39
%


No other customer accounted for greater than 10% of total revenue for the periods presented. Accounts receivable from Southwest Airlines represented 16% and 17% of the total accounts receivable as of each of March 31, 2020 and December 31, 2019, respectively.
XML 37 R25.htm IDEA: XBRL DOCUMENT v3.20.2
Net Results Per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Net Results Per Share
Net Results Per Share

Basic loss per share is computed using the weighted-average number of common shares outstanding during the period. Diluted loss per share is computed using the weighted-average number of common shares and the dilutive effect of contingent shares outstanding during the period. Potentially dilutive contingent shares, which consist of stock options, restricted stock units (including performance stock units), liability warrants, warrants issued to third parties and accounted for as equity instruments, convertible senior notes and contingently issuable shares, have been excluded from the diluted loss per share calculation when the effect of including such shares is anti-dilutive. Common stock to be issued upon the exercise of warrant instruments classified as a liability is not included in the calculation of diluted loss per share because the effect of including such shares is anti-dilutive.

The following table sets forth the computation of basic and diluted net loss per share of common stock. All per share amounts presented below, have been adjusted for the Reverse Stock Split. (in thousands, except per share amounts):
 
 
Three Months Ended March 31,
 
 
2020
 
2019
Net loss (numerator):
 
 
 
 
Net loss – basic and diluted
 
$
(80,925
)
 
$
(37,609
)
Shares (denominator):
 
 
 
 
Weighted-average shares – basic and diluted
 
3,718

 
3,673

Diluted
 
$
(21.77
)
 
$
(10.23
)


The following weighted average common equivalent shares are excluded from the calculation of the Company’s net loss per share as their inclusion would have been anti-dilutive (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Employee stock options
203

 
205

Restricted and performance stock units
170

 
87

2.75% convertible senior notes due 2035
178

 
178

Contingently issuable shares (1)
36

 
36

Searchlight Penny Warrants (2)
723

 
723

Searchlight Market Warrants (2)
520

 
520


(1)
In connection with the Sound Recording Settlement, we are obligated to issue 20,000 shares of our common stock to UMG when and if the closing price of our common stock exceeds $250.00 per share, and 16,000 shares of our common stock to UMG when and if the closing price of our common stock exceeds $300.00 per share.
(2)
On March 27, 2018, the Company issued $150.0 million in aggregate principal amount of its Second Lien Notes to Searchlight, combined with two sets of warrants to acquire the Company’s common stock. For further details see Note 10. Financing Arrangements to our 2019 Form 10-K.
XML 38 R26.htm IDEA: XBRL DOCUMENT v3.20.2
Subsequent Events
3 Months Ended
Mar. 31, 2020
Subsequent Events [Abstract]  
Subsequent Event
Subsequent Events

Amendments to 2017 Credit Agreement
On April 7, 2020, the Company entered into an Eighth Amendment to 2017 Credit Agreement among the Company, the guarantors party thereto, the lenders party thereto and Citibank, N.A., as administrative agent, which modified the 2017 Credit Agreement with respect to the following terms:

the affirmative financial reporting covenant was modified, effective March 31, 2020, to extend the delivery deadline, solely with respect to such financial statements to be provided for the fiscal year ended December 31, 2019 and such accompanying report and opinion from such independent registered public accounting firm, to April 9, 2020.

On April 9, 2020, the Company entered into a Ninth Amendment to 2017 Credit Agreement among the Company, the guarantors party thereto, the lenders party thereto and Citibank, N.A., as administrative agent, which modified the 2017 Credit Agreement with respect to the following terms:

the affirmative financial reporting covenant was modified, to extend the delivery deadline, solely with respect to such financial statements to be provided for the fiscal year ended December 31, 2019 and such accompanying report and opinion from such independent registered public accounting firm, to April 16, 2020.

On April 15, 2020, the Company entered into a Tenth Amendment to 2017 Credit Agreement (the “Tenth Amendment to 2017 Credit Agreement”) among the Company, the guarantors party thereto, the lenders party thereto and Citibank, N.A., as administrative agent, which modified the 2017 Credit Agreement with respect to the following terms:

The deadline for delivery of audited consolidated annual financial statements of the Company for the fiscal year ended December 31, 2019 was extended from April 16, 2020 until May 14, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission), and such financial statements may be subject to a “going concern” qualification.

The deadline for delivery of unaudited condensed consolidated quarterly financial statements of the Company for fiscal quarter ended March 31, 2020 was extended from the date that is 45 days after the end of such fiscal quarter until June 29, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission).

The deadline for delivery of a consolidated budget for fiscal year 2020 in respect of such fiscal year was extended from 120 days after the end of the 2019 fiscal year until June 1, 2020.

The Company was not required to comply with the maximum consolidated first lien net leverage ratio for the test period ended on March 31, 2020.

In addition, pursuant to the Tenth Amendment to 2017 Credit Agreement, the lenders consented to the Third Amendment to Securities Purchase Agreement (described below) and to the transactions contemplated thereby. The Tenth Amendment to 2017 Credit Agreement was conditioned upon the Company being current on all interest on the loans that was due and payable immediately prior to giving effect to the Tenth Amendment to 2017 Credit Agreement, and included the following additional covenants with respect to the Company:

The Company agreed to furnish to advisors of the lenders (on a “professional eyes only” basis) a rolling thirteen-week budget cash flow forecast on a consolidated basis for the Company and its subsidiaries, and a material variance report for the prior week as compared to the applicable previously furnished forecast, with such forecast to be updated every four weeks and the material variance report to be distributed on a weekly basis.

The Company agreed to maintain undrawn revolving commitments plus cash and cash equivalents of the Company and its subsidiaries in an aggregate amount of not less than $17.5 million.

The Company agreed to make senior management, and certain advisors of the Company available to participate in such conference calls as the advisors of the lenders may request to discuss the financial results and financial condition of the Company and its subsidiaries, and the Company agreed to provide such other information regarding the financial results, financial condition and business affairs of the Company and its subsidiaries as the advisors of the lenders may reasonably request.

Within five business days of the effective date of the Tenth Amendment to 2017 Credit Agreement, the Company was required to establish an independent committee of its board of directors, consisting of at least three members, each of whom is a Qualified Independent Director (as defined therein), for the purpose of exploring financing, recapitalization, strategic transactions and other similar opportunities and transactions for the Company and its subsidiaries. An independent committee has been established per the requirements of the Tenth Amendment to 2017 Credit Agreement. Authorization by such independent committee is required in connection with the Company’s or its applicable subsidiaries’ entering into any such financing, recapitalization, strategic transaction or other similar opportunity or transaction.

Amendment to Securities Purchase Agreement
In addition, on April 15, 2020, the Company entered into a Third Amendment to Securities Purchase Agreement (the “Third Amendment to Securities Purchase Agreement”) among the Company, the guarantors party thereto, and each purchaser party thereto. The Third Amendment to Securities Purchase Agreement amends and modifies the Securities Purchase Agreement, including with respect to the following terms:

The deadline for delivery of audited consolidated annual financial statements of the Company for the fiscal year ended December 31, 2019 was extended from the date that is 120 days after the end of such fiscal year until the date that is 30 days after May 14, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission), and such financial statements may be subject to a “going concern” qualification.

The deadline for delivery of unaudited consolidated quarterly financial statements of the Company for fiscal quarter ended March 31, 2020 was extended from the date that is 60 days after the end of such fiscal quarter until the date that is 15 days after June 29, 2020 (as such deadline may be extended from time to time by an order of the U.S. Securities Exchange Commission).

The deadline for delivery of a consolidated budget for fiscal year 2020 in respect of such fiscal year was extended from 120 days after the end of the 2019 fiscal year until June 1, 2020. Pursuant to the Second Lien Amendment, the noteholders consented to the Tenth Amendment to 2017 Credit Agreement and to the transactions contemplated thereby.

Reverse Stock Split
On November 6, 2019, we received a letter from the Listing Qualifications staff (the “Staff”) of Nasdaq that, based upon our non-compliance with the minimum $1.00 bid price requirement for continued listing on The Nasdaq Capital Market required to maintain continued listing under the Nasdaq listing rules (the “Bid Price Rule”), our common stock would be subject to delisting from Nasdaq unless we timely requested a hearing before the Nasdaq Hearings Panel (the “Panel”). In accordance with Nasdaq’s procedures, we timely appealed Nasdaq’s determination by requesting a hearing before the Panel to seek continued listing of our common stock. The hearing was held on December 5, 2019.

On December 16, 2019, the Panel granted the Company’s request for continued listing of the Company’s common stock on The Nasdaq Capital Market pursuant to an initial extension through April 15, 2020 or, in certain circumstances, through May 4, 2020. On March 17, 2020, we received notification that the Panel granted a further extension through May 4, 2020 in which to regain compliance with the Bid Price Rule in light of the extreme volatility in financial markets resulting from COVID-19.

On April 13, 2020, we received another letter from the Staff notifying us that we were not in compliance with Nasdaq Listing Rule 5550(b)(2) (the “MVLS Rule”) for continued listing on The Nasdaq Capital Market, because the market value of our listed securities was less than $35 million for the previous 30 consecutive business days.

On April 15, 2020, the Board of Directors approved a reverse stock split of the Company’s outstanding and authorized shares of common stock at a ratio of 1-for-25 (the “Reverse Stock Split”). As a result of the Reverse Stock Split, the number of the Company’s issued and outstanding shares of common stock was decreased from 92,944,935 to 3,717,797, all with a par value of $0.0001. The effective date of the Reverse Stock Split was April 16, 2020. The Reverse Stock Split affected all stockholders uniformly and did not alter any stockholder’s percentage interest in the Company’s common stock, except for adjustments that may result from the treatment of fractional shares as follows: (i) no fractional shares were issued as a result of the Reverse Stock Split; and (ii) stockholders who would have been entitled to a fractional share as a result of the Reverse Stock Split instead received a cash payment from the transfer agent in an amount equal to the fractional share multiplied by the closing price of our common stock the day before the Reverse Stock Split became effective. All amounts presented in these financial statements, have been adjusted for this Reverse Stock Split. The objective of the Reverse Stock Split was to enable us to regain compliance with the Bid Price Rule and maintain our listing on Nasdaq.

On April 30, 2020, Nasdaq notified us that we had regained compliance with the Bid Price Rule; however, we remain non-compliant with the MVLS Rule. Under the Nasdaq listing rules, we have until October 12, 2020 to regain compliance with the MVLS Rule by demonstrating that the market value of our listed securities is $35 million or more for a minimum of 10 consecutive business days. If we do not regain compliance with the MVLS Rule by the required date, we may appeal for an extension to regain compliance with no assurance that we will be successful in obtaining the extension. If we do not regain compliance by October 12, 2020 or by the extended compliance date, if applicable, Nasdaq would delist our common stock from The Nasdaq Capital Market.

Company Credit Rating
On April 10, 2020, S&P Global downgraded the Company’s credit to CCC-. On April 6, 2020 Moody’s downgraded the Company’s credit rating one notch from B3 to Caa2, primarily due to the impact of the COVID-19 pandemic on our operations.
XML 39 R27.htm IDEA: XBRL DOCUMENT v3.20.2
Basis of Presentation and Summary of Significant Accounting Policies (Policies)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Basis of Presentation
Basis of Presentation
In the opinion of the Company's management, the unaudited interim condensed consolidated financial statements have been prepared on the same basis as the Company's audited consolidated financial statements for the year ended December 31, 2019, and include normal recurring adjustments necessary for the fair presentation of the Company's interim unaudited condensed consolidated financial statements for the three months ended March 31, 2020. The results for the three months ended March 31, 2020 are not necessarily indicative of the results expected for the full 2020 fiscal year. The consolidated balance sheet as of December 31, 2019 has been derived from the Company's audited balance sheet included in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on May 15, 2020 (the "2019 Form 10-K").

The interim unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to SEC Form 10-Q and Article 10 of SEC Regulation S-X. They do not include all of the information and footnotes required by GAAP for complete audited financial statements. Therefore, these interim unaudited condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto included in the 2019 Form 10-K.

Principles of Consolidation
The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated.
Revenue Recognition
Revenue Recognition
The Company accounts for a contract with a customer when an approved contract exists, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and the collectability of substantially all of the consideration is probable. Revenue is recognized as the Company satisfies performance obligations by transferring a promised good or service to a customer (see further discussion in Note 3. Revenue Recognition).

Deferred revenue consists substantially of amounts received from customers in advance of the Company’s performance service period and of fees deferred for future support services. Deferred revenue is recognized as revenue on a systematic basis that is proportionate to the period that the underlying services are rendered, which in a majority of arrangements is straight line over the remaining contractual term.

The Company’s management constrains the estimates to reduce the probability of a significant revenue reversal in future periods, allocates variable consideration to the identified performance obligations and recognizes revenue in the period the services are provided. Estimates are based on historical experience, anticipated future performance, market conditions and the best judgment at the time. For the three months ended March 31, 2020, the Company’s estimates included management’s assumptions for the impact of COVID-19, which includes significant decline in flight levels. A significant change in one or more of these estimates could affect the estimated contract value. For example, estimates of variable revenue within certain contracts require estimation of the number of sessions or megabytes that will be purchased over the contract term and the average revenue per connectivity session, which varies based on the connectivity options available to passengers on each airline. Estimated revenue under these contracts anticipates increases in take rates over time and assumes an average revenue per session consistent with our historical experience. The estimated contract revenue may differ significantly from the initial estimates to the extent actual take rates and average revenue per session differ from the Company’s historical experience.

Valuation of Goodwill and Intangible Assets
Valuation of Goodwill and Intangible Assets

The Company performs valuations of assets acquired and liabilities assumed on each acquisition accounted for as a business combination and allocates the purchase price of each acquired business to its respective net tangible and intangible assets and liabilities. Acquired intangible assets principally consist of technology, customer relationships, backlog and trademarks. Liabilities related to intangibles principally consist of unfavorable vendor contracts. The Company determines the appropriate useful life by performing an analysis of expected cash flows based on projected financial information of the acquired businesses. Intangible assets are amortized over their estimated useful lives using the straight-line method, which approximates the pattern in which the majority of the economic benefits are expected to be consumed. Intangible liabilities are amortized into cost of sales ratably over their expected related revenue streams over their useful lives.

Goodwill represents the excess of the cost of an acquired entity over the fair value of the acquired net assets. The Company does not amortize goodwill but evaluates it for impairment at the reporting unit level annually during the fourth quarter of each fiscal year (as of December 31 of that quarter) or when an event occurs or circumstances change that indicates the carrying value may not be recoverable. An impairment loss will be recognized for the amount by which the reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill in that reporting unit.

Income Taxes
Income Taxes
Deferred income tax assets and liabilities are recognized for temporary differences between the financial statement carrying amounts of assets and liabilities and the amounts that are reported in the income tax returns. Deferred taxes are evaluated for realization on a jurisdictional basis. The Company records valuation allowances to reduce deferred tax assets to the amount that is more likely than not to be realized. In making this assessment, management analyzes future taxable income, reversing temporary differences and ongoing tax planning strategies. Should a change in circumstances lead to a change in judgment about the realizability of deferred tax assets in future years, the Company will adjust related valuation allowances in the period that the change in circumstances occurs, along with a corresponding increase or charge to income.

The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained upon examination by the taxing authorities based on the technical merits of the Company’s position. The tax benefit recognized in the financial statements for a particular tax position is based on the largest benefit that is more likely than not to be realized. The amount of unrecognized tax benefits (UTBs) is adjusted as appropriate for changes in facts and circumstances, such as significant amendments to existing tax laws, new regulations or interpretations by the taxing authorities, new information obtained during a tax examination, or resolution of an examination. The Company recognizes both accrued interest and penalties associated with uncertain tax positions as a component of Income tax (benefit) expense in the Condensed Consolidated Statements of Operations.

Recent Accounting Pronouncements Adopted and Issued
Adoption of New Accounting Pronouncements
On January 1, 2020, we adopted ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which requires the measurement and recognition of expected credit losses for financial assets held at amortized cost.
The cumulative effect adjustment from using the modified retrospective approach for the adoption of ASC 326 impacted our unaudited condensed consolidated balance sheet as of January 1, 2020 by the recognition of allowance for credit losses as summarized below:
 
Balances at December 31, 2019
 
Impact of ASC 326
 
Balances Following Adoption of ASC 326
Assets
 
 
 
 
 
Accounts receivable
$
88,219

 
$
(503
)
 
$
87,716

Other current assets
$
12,839

 
$
(111
)
 
$
12,728

Other non-current assets
$
27,509

 
$
(673
)
 
$
26,836

Equity
 
 
 
 
 
Accumulated deficit
$
(1,162,901
)
 
$
(1,287
)
 
$
(1,164,188
)

Refer to Note 8. Credit Loss Reserve and Allowances for further details.

In November 2019, the FASB issued ASU No. 2019-8, Compensation - Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Codification Improvements - Share-Based Consideration Payable to a Customer, which expedites the improvement process of the amendments and increase stakeholder awareness in ASU 2018-07, Compensation - Stock Compensation (Topic 718); Improvements to Nonemployee Share-Based Payment Accounting. The Company adopted ASU No. 2019-18 beginning January 1, 2020. The adoption of this standard did not have a material impact on its unaudited condensed consolidated financial statements.

In March 2019, the FASB issued ASU No. 2019-01, Leases (Topic 842): Codification Improvements, to provide clarifications on ASC 842 and to correct unintended application of the guidance. The amendments in this update include the following items brought to FASB’s attention through those interactions with stakeholders: (i) determining the fair value of the underlying asset by lessors that are not manufacturers or dealers; (ii) presentation on the statement of cash flows—sales-type and direct financing leases; and (iii) transition disclosures related to Topic 250, Accounting Changes and Error Corrections. The Company adopted ASU No. 2019-01 beginning January 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements.
In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement, which modifies the disclosure requirements on fair value measurements by removing, modifying, or adding certain disclosures for fair value measurements. The Company adopted ASU No. 2018-13 beginning January 1, 2020. The adoption of this standard did not have a material impact on its condensed consolidated financial statements.
Recently Issued Accounting Pronouncements
In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The purpose of ASU 2020-04 is to provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. More specifically, the amendments in ASU 2020-04 provide optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments in ASU 2020-04 are effective as of March 12, 2020 through December 31, 2022. This guidance was effective upon issuance, as a result the Company adopted the guidance in the first quarter of fiscal 2020 and there was no financial impact on the Condensed Consolidated Financial Statements upon adoption.

In January 2020, the FASB issued ASU 2020-01, Investments-Equity Securities (Topic 321), Investments-Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) - Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 (a consensus of the Emerging Issues Task Force). The new guidance clarifies the application of measurement alternatives and the accounting for certain forward contracts and purchased options to acquire investments. The ASU is effective for the Company beginning December 15, 2020, with early adoption permitted. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements.

In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, which identifies, evaluates and improves areas of GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The ASU is effective for the Company beginning January 1, 2021, with early adoption permitted. We are currently evaluating the potential impact of adopting this guidance on our consolidated financial statements.
XML 40 R28.htm IDEA: XBRL DOCUMENT v3.20.2
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Schedule of Impact of New Accounting Pronouncements
The cumulative effect adjustment from using the modified retrospective approach for the adoption of ASC 326 impacted our unaudited condensed consolidated balance sheet as of January 1, 2020 by the recognition of allowance for credit losses as summarized below:
 
Balances at December 31, 2019
 
Impact of ASC 326
 
Balances Following Adoption of ASC 326
Assets
 
 
 
 
 
Accounts receivable
$
88,219

 
$
(503
)
 
$
87,716

Other current assets
$
12,839

 
$
(111
)
 
$
12,728

Other non-current assets
$
27,509

 
$
(673
)
 
$
26,836

Equity
 
 
 
 
 
Accumulated deficit
$
(1,162,901
)
 
$
(1,287
)
 
$
(1,164,188
)

XML 41 R29.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table represents a disaggregation of the Company’s revenue from contracts with customers for the three months ended March 31, 2020 and 2019 (in thousands):
 
 
Three Months Ended March 31,
 
 
2020
 
2019
Revenue:
 
 
 
 
Media & Content
 
 
 
 
Licensing & Services
 
$
68,385

 
$
80,010

Total Media & Content
 
68,385

 
80,010

 
 
 
 
 
Connectivity
 
 
 
 
Aviation Services
 
30,706

 
31,241

Aviation Equipment
 
6,403

 
14,060

Maritime & Land Services
 
36,554

 
39,227

Maritime & Land Equipment
 
2,117

 
2,081

Total Connectivity
 
75,780

 
86,609

 
 
 
 
 
Total revenue
 
$
144,165

 
$
166,619

Schedule of Contract Assets and Liabilities
The following table summarizes the significant changes in the balance for contract assets during the quarter ended March 31, 2020 (in thousands):
 
 
Contract Assets
Balance as of December 31, 2019
 
$
14,431

Costs deferred for revenue recognized in excess of billings
 
1,355

Costs included in the beginning balance recognized
 
(3,187
)
Balance as of March 31, 2020
 
$
12,599

 
 
 
Current contract assets
 
$
2,159

Non-current contract assets
 
10,440

Balance as of March 31, 2020
 
$
12,599

The following table summarizes the significant changes in the balance for contract liabilities, included within “Other non-current liabilities” in our unaudited condensed consolidated balance sheet, during the three months ended March 31, 2020 (in thousands):
 
 
Contract Liabilities
Balance as of December 31, 2019
 
$
12,403

Revenue recognized that was included in the contract liability balance at the beginning of the period
 
(6,723
)
Increase due to cash received, excluding amounts recognized as revenue during the period
 
3,941

Balance as of March 31, 2020
 
$
9,621

 
 
 
Deferred revenue, current
 
$
9,535

Deferred revenue, non-current
 
86

Balance as of March 31, 2020
 
$
9,621

Schedule of Accounts Receivable and Bad Debts
Accounts receivable consist of the following (in thousands):
 
March 31,
 
December 31,
 
2020
 
2019
Accounts receivable, gross
$
91,289

 
$
94,995

Less: Allowance for doubtful accounts
(8,493
)
 
(6,776
)
Accounts receivable, net
$
82,796

 
$
88,219

Schedule of Capitalized Contract Cost Activity
The following table summarizes the significant changes in the contract assets balances during the period ended March 31, 2020 (in thousands):
 
Contract Assets
 
Costs to Obtain
 
Costs to Fulfill
 
Total
Balance as of December 31, 2019
$
387

 
$
5,256

 
$
5,643

Capitalization during the period
50

 
226

 
276

Amortization during the period
(29
)
 
(104
)
 
(133
)
Balance as of March 31, 2020
$
408

 
$
5,378

 
$
5,786

XML 42 R30.htm IDEA: XBRL DOCUMENT v3.20.2
Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Lease, Cost
The following table provides the components of the finance lease cost for the three months ended March 31, 2020 and 2019 (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Amortization of right-of-use asset, net of lease incentive and contract liability credits
$
420

 
$

Interest accretion on finance lease liabilities
383

 

Total lease cost
$
803

 
$

The following table discloses the weighted-average remaining lease term and IBR, as well as supplemental cash flow information (in thousands):
 
Three Months Ended March 31, 2020
Supplemental cash flow information
 
Cash paid for amounts included in the measurement of operating lease liabilities
$
2,028

Cash paid for amounts included in the measurement of finance lease liabilities
$
940

Right-of-use-assets obtained in exchange for operating lease obligations
Immaterial

Right-of-use-assets obtained in exchange for finance lease obligations
$

Weighted average remaining lease term -- real estate operating leases
7.01 years

Weighted average remaining lease term -- teleport co-location operating leases
4.59 years

Weighted average remaining lease term -- satellite capacity operating leases
0.75 years

Weighted average remaining lease term -- finance lease
6.25 years

Weighted average IBR -- real estate operating leases
9.90
%
Weighted average IBR -- teleport co-location operating leases
8.89
%
Weighted average IBR -- teleport satellite capacity operating leases
7.24
%
Weighted average IBR -- finance lease
8.30
%
Operating Lease, Lease Income
The service revenues (with embedded operating equipment leases) and recognized revenues on sales-type equipment leases in which the Company acts as the lessor for the three months ended March 31, 2020 and 2019, is presented in the following table (in thousands):
 
Three Months Ended March 31
 
2020
 
2019
Bandwidth service and equipment revenues(1)
$
26,023

 
$
34,107

Earned revenues on sales-type leases at commencement(2)
103

 
333

Total Licensing and Service Revenues -- Maritime and Land Connectivity
$
26,126

 
$
34,440

(1) This is presented as part of Revenues -- Licensing and services in our condensed consolidated statement of operations, and includes the equipment lease component that is embedded in the overall bandwidth service arrangement. Since we adopted the practical expedient to not separate the lease and non-lease components as allowed with the ASC 842 implementation as of January 1, 2019, we will continue to classify existing embedded equipment arrangements as operating leases, to the extent unmodified.
(2) This includes the equipment lease revenues recognized at commencement date of the customer equipment arrangements classified as sales-type leases. As equipment leasing is a standard component in our connectivity business model, we present equipment revenues relating to these sales-type leases on a gross basis, and recognize a corresponding cost of sales equal to the net book value of the leased equipment. Interest income component is considered immaterial.
Lessee, Operating Lease, Liability, Maturity
The following table reflects a summary of Annual future minimum lease payments and the Company’s lease assets as of March 31, 2020 (in thousands):
 
As a Lessee
 
As a Lessor
Years Ending December 31,
Real Estate
 
Satellite Capacity
 
Satellite Capacity
 
Teleport
Co-Location
 
Total
 
Equipment Held by Customers
Lease Classification
Operating
 
Finance
 
Operating
 
Operating

 
 
Sales-Type
2020 (remaining nine months)
$
3,815

 
$
2,819

 
$
1,034

 
$
1,443

 
$
9,111

 
$
382

2021
5,153

 
3,758

 

 
1,793

 
10,704

 
503

2022
4,541

 
3,758

 

 
1,468

 
9,767

 
425

2023
3,616

 
3,758

 

 
561

 
7,935

 
261

2024
3,621

 
3,758

 

 
550

 
7,929

 
180

Thereafter
10,825

 
5,638

 

 
1,009

 
17,472

 
43

Total Future Lease Payments
$
31,571

 
$
23,489

 
$
1,034

 
$
6,824

 
$
62,918

 
$
1,794

Less: Imputed interest
(9,232
)
 
(5,084
)
 
(24
)
 
(1,266
)
 
(15,606
)
 
(273
)
Present Value of Lease Liabilities
$
22,339

 
$
18,405

 
$
1,010

 
$
5,558

 
$
47,312

 
 
Net Investment in Sales-Type Leases
 
 
 
 
 
 
 
 
 
 
$
1,521

Lessor, Operating Lease, Book Value of Assets Subject to Leases
The book value of the equipment held by customers under operating leases, which are classified as “Equipment” in Note 5- Property & Equipment, is as follows:
 
March 31, 2020
 
December 31, 2019
Equipment
 
 
 
Gross balance
$
55,961

 
$
57,369

Accumulated depreciation
(32,554
)
 
(30,692
)
Net Book Value
$
23,407

 
$
26,677

XML 43 R31.htm IDEA: XBRL DOCUMENT v3.20.2
Property and Equipment, net (Tables)
3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
Property and equipment, net consisted of the following (in thousands):
 
March 31, 2020
 
December 31, 2019
Leasehold improvements
$
11,340

 
$
11,319

Furniture and fixtures
2,672

 
2,683

Equipment
158,138

 
157,259

Computer equipment
15,425

 
16,993

Computer software
52,690

 
51,939

Automobiles
298

 
301

Buildings
7,087

 
7,088

Albatross (Company-owned aircraft)
456

 
456

Satellite transponders
70,100

 
70,100

Construction in-progress
1,150

 
1,499

Total property and equipment
$
319,356

 
$
319,637

Accumulated depreciation
(186,587
)
 
(174,342
)
Property and equipment, net
$
132,769

 
$
145,295

Schedule of Depreciation Expense by Classification
Depreciation expense, including software amortization expense, by classification consisted of the following (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Cost of sales
$
9,628

 
$
8,934

Sales and marketing
522

 
1,002

Product development
571

 
835

General and administrative
2,784

 
3,382

Total depreciation expense
$
13,505

 
$
14,153

XML 44 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill by reporting unit were as follows (in thousands):
 
Aviation Connectivity
 
Maritime & Land Connectivity
 
Media & Content
 
Total
 
 
 
 
 
 
 
 
Gross carrying amount
$
98,022

 
$
209,130

 
$
83,455

 
$
390,607

Accumulated impairment loss
(44,000
)
 
(187,000
)
 

 
(231,000
)
 
54,022

 
22,130

 
83,455

 
159,607

Impairment loss

 
(22,130
)
 

 
(22,130
)
Foreign currency translation adjustments

 

 
(118
)
 
(118
)
Balance March 31, 2020
$
54,022

 
$

 
$
83,337

 
$
137,359

 
 
 
 
 
 
 
 
Gross carrying amount
$
98,022

 
$
209,130

 
$
83,337

 
$
390,489

Accumulated impairment loss

(44,000
)
 
(209,130
)
 

 
(253,130
)
Balance March 31, 2020
$
54,022

 
$

 
$
83,337

 
$
137,359

XML 45 R33.htm IDEA: XBRL DOCUMENT v3.20.2
Intangible Assets, net (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
Intangible assets, net consisted of the following (dollars in thousands):
 
 
 
March 31, 2020
 
Weighted Average Useful Lives
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Intangible assets:
 
 
 
 
 
 
 
Existing technology -- software
5.2 years
 
$
36,799

 
$
32,263

 
$
4,536

Developed technology
8.0 years
 
7,317

 
5,945

 
1,372

Customer relationships
8.7 years
 
138,358

 
95,259

 
43,099

Backlog
3.0 years
 
18,300

 
18,300

 

Other
5.1 years
 
1,248

 
980

 
268

Total
 
 
$
202,022

 
$
152,747

 
$
49,275


 
 
 
December 31, 2019
 
Weighted Average Useful Lives
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Intangible assets:
 
 
 
 
 
 
 
Existing technology -- software
5.2 years
 
$
36,799

 
$
30,487

 
$
6,312

Developed technology
8.0 years
 
7,317

 
5,716

 
1,601

Customer relationships
8.7 years
 
138,358

 
91,124

 
47,234

Backlog
3.0 years
 
18,300

 
18,300

 

Other
5.1 years
 
1,249

 
913

 
336

Total
 
 
$
202,023

 
$
146,540

 
$
55,483



Schedule of Finite-Lived Intangible Assets, Amortization Expense
We expect to record amortization of intangible assets as follows (in thousands):
Year ending December 31,       
Amount
2020 (remaining nine months)
$
16,056

2021
13,824

2022
7,907

2023
6,890

2024
4,230

Thereafter
368

Total
$
49,275

XML 46 R34.htm IDEA: XBRL DOCUMENT v3.20.2
Credit Loss Reserve and Allowances (Tables)
3 Months Ended
Mar. 31, 2020
Credit Loss [Abstract]  
Accounts Receivable, Allowance for Credit Loss
A summary of our allowances for credit losses were as follows (in thousands):
 
Accounts Receivable
 
Prepaid and Other Current Assets
 
Other Non-Current Assets
 
Total
Balance at January 1, 2020
$
6,776

 
$

 
$

 
$
6,776

Cumulative-effect adjustment of ASC 326 adoption
503

 
111

 
672

 
1,286

Current-period provision for expected credit losses(1)
2,950

 
4

 
33

 
2,987

Write-offs and dispositions
(866
)
 

 

 
(866
)
Foreign currency rate changes
(870
)
 

 

 
(870
)
Balance at March 31, 2020
$
8,493

 
$
115

 
$
705

 
$
9,313


(1) The current-period provision for expected credit losses was due primarily to the impact of COVID-19. One international airline partner in particular accounted for approximately 45% of the provision recorded during the three-month period ended March 31, 2020 and three other airline partners accounted for approximately 43% of the provision recorded during the same period because of financial distress caused by COVID-19. We will continue to monitor the financial conditions of all customers and will record additional credit losses in the future, as appropriate.
XML 47 R35.htm IDEA: XBRL DOCUMENT v3.20.2
Equity Method Investments (Tables)
3 Months Ended
Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Financial Information for Equity Method Investments
The following is the summarized balance sheet information for the Company’s interests in the WMS and Santander joint ventures. These equity method investments on an aggregated basis as of March 31, 2020 and December 31, 2019 (in thousands):
 
March 31, 2020
 
December 31, 2019
Current assets
$
45,489

 
$
50,588

Non-current assets
24,635

 
25,370

Current liabilities
13,623

 
26,593

Non-current liabilities
9,866

 
2,207


The following is the summarized results of operations information for these equity method investments on an aggregated basis for the three months ended March 31, 2020 and 2019 (in thousands):    
 
Three Months Ended March 31,
 
2020
 
2019
Revenue
$
30,877

 
$
32,100

Net income
7,088

 
6,887


The carrying values of the Company’s equity interests in WMS and Santander as of March 31, 2020 and December 31, 2019 were as follows (in thousands):
 
March 31, 2020
 
December 31, 2019
Carrying value in our equity method investments
$
64,300

 
$
78,886

XML 48 R36.htm IDEA: XBRL DOCUMENT v3.20.2
Financing Arrangements (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Indebtedness
A summary of our borrowings as of March 31, 2020 and December 31, 2019 is set forth below (in thousands):
 
March 31, 2020
 
December 31, 2019
Senior secured term loan facility, due January 2023(+)
$
504,680

 
$
506,037

Senior secured revolving credit facility, due January 2022(+)(1)
80,615

 
43,315

Convertible senior notes due 2035(2)
82,500

 
82,500

Second Lien Notes, due June 2023(3)
188,716

 
178,034

Other debts(4)
22,937

 
23,685

Unamortized bond discounts, fair value adjustments and issue costs, net
(58,068
)
 
(60,509
)
Total carrying value of debt
821,380

 
773,062

Less: current portion, net
(804,575
)
 
(15,678
)
Total non-current
$
16,805

 
$
757,384

(+) This facility is a component of the 2017 Credit Agreement.
(1) As of March 31, 2020, the available balance under our $85.0 million Revolving Credit Facility is $0.0 million (net of outstanding letters of credit). The 2017 Credit Agreement provides for the issuance of letters of credit in the amount equal to the lesser of $15.0 million and the aggregate amount of the then-remaining revolving loan commitment. As of March 31, 2020, we had outstanding letters of credit of $4.4 million under the 2017 Credit Agreement.
(2) The principal amount outstanding of the 2.75% convertible senior notes due 2035 (the “Convertible Notes”) as set forth in the foregoing table was $82.5 million as of March 31, 2020. The carrying amount, net of debt issuance costs and associated discount, was $71.3 million and $71.1 million as of March 31, 2020 and December 31, 2019, respectively.
(3) The principal amount outstanding of the second lien notes due June 30, 2023 (the “Second Lien Notes”) as set forth in the foregoing table was $188.7 million as of March 31, 2020. The value allocated to the attached penny warrants and market warrants for financial reporting purposes was $14.9 million and $9.3 million, respectively. These qualify for classification in stockholders’ equity and are included in the condensed consolidated balance sheets within “Additional paid-in capital”.
(4) As of March 31, 2020, Other debts primarily consisted of (i) $3.4 million remaining financed amount for transponder purchases, which was payable April 2020, and remains unpaid at filing date; and (ii) $18.4 million of finance lease liability relating to an assessed right-of-use over a satellite bandwidth capacity (refer to Note 4. Leases for further details).
Schedule of Maturities of Long-term Debt
The aggregate contractual maturities of all borrowings, including finance leases, subsequent to March 31, 2020 were as follows (in thousands):
Years Ending December 31,
Amount
2020 (remaining nine months)
$
13,633

2021
29,818

2022
110,564

2023
633,974

2024
3,236

Thereafter
88,223

Total
$
879,448

XML 49 R37.htm IDEA: XBRL DOCUMENT v3.20.2
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Contractual Commitments
The following is a schedule of future minimum commitments under movie and IPTV arrangements as of March 31, 2020 (in thousands):
Years Ending December 31,
Amount
2020 (remaining nine months)
$
33,562

2021
7,588

2022
2,466

Total
$
43,616



Satellite Bandwidth Capacity
The Company maintains agreements with satellite service providers to provide for satellite capacity. Except when an arrangement is assessed to meet the definition of a finance lease in accordance with ASC 842, in which case the expensing pattern is front-loaded, the Company expenses these satellite fees in the month the service is provided as a charge to licensing and services cost of sales.

The following is a schedule of future minimum satellite costs, across all connectivity end-markets and including the satellite bandwidth arrangement assessed as a finance lease, as of March 31, 2020 (in thousands):
Years Ending December 31,
Amount
2020 (remaining nine months)
$
65,874

2021
49,903

2022
34,527

2023
33,032

2024
33,032

Thereafter
58,355

Total Future Payments
$
274,723

XML 50 R38.htm IDEA: XBRL DOCUMENT v3.20.2
Equity Transactions (Tables)
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Schedule of Share-based Compensation Expense Allocation
Stock-based compensation expense related to our directors and other personnel for the three months ended March 31, 2020 and 2019 was as follows (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Cost of services
$
66

 
$
27

Sales and marketing
57

 
53

Product development
77

 
68

General and administrative
928

 
1,141

Total
$
1,128

 
$
1,289

XML 51 R39.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Reconciliation of operating profit (loss) by segment
The following table summarizes revenue and gross margin by our reportable segments for the three months ended March 31, 2020 and 2019 (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Revenue:
 
 
 
Media & Content -- Licensing and Services
$
68,385

 
$
80,010

Connectivity -- Services
67,260

 
70,468

Connectivity -- Equipment
8,520

 
16,141

Total revenue
$
144,165

 
$
166,619

Cost of sales:
 
 
 
Media & Content -- Licensing and Services
$
55,556

 
$
57,669

Connectivity -- Services
57,728

 
65,600

Connectivity -- Equipment
7,523

 
10,925

Total cost of sales
$
120,807

 
$
134,194

Gross Margin:
 
 
 
Media & Content
$
12,829

 
$
22,341

Connectivity
10,529

 
10,084

Total Gross Margin
23,358

 
32,425

Other operating expenses
70,151

 
51,515

Loss from operations
$
(46,793
)
 
$
(19,090
)
Schedule of assets by segment
The Company’s total assets by segment were as follows (in thousands):
 
 
March 31, 2020
 
December 31, 2019
Media & Content
 
$
300,205

 
$
316,340

Connectivity
 
279,799

 
331,368

Total segment assets
 
580,004

 
647,708

Corporate assets
 
50,472

 
20,872

Total assets
 
$
630,476

 
$
668,580

XML 52 R40.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following tables summarize our financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2020, and December 31, 2019, respectively (dollar values in thousands, other than per-share values):
 
Balance Sheet Location
 
March 31, 2020
 
Quotes Prices in Active Markets
(Level 1)
 
 Significant Other Observable Inputs
(Level 2)
 
 Significant Other Unobservable Inputs
(Level 3)
Liabilities:
 
 
 
 
 
 
 
 
 
Contingently issuable shares (1)
Accounts payable and accrued liabilities
 
$
98

 
$

 
$

 
$
98

Phantom stock options (2)
Other non-current liabilities
 
243

 

 

 
243

Total
 
 
$
341

 
$

 
$

 
$
341

 
Balance Sheet Location
 
December 31, 2019
 
Quotes Prices in Active Markets
(Level 1)
 
 Significant Other Observable Inputs
(Level 2)
 
 Significant Other Unobservable Inputs
(Level 3)
Liabilities:
 
 
 
 
 
 
 
 
 
Contingently issuable shares (1)
Accounts payable and accrued liabilities
 
$
305

 
$

 
$

 
$
305

Phantom stock options (2)
Other non-current liabilities
 
464

 

 

 
464

Total
 
 
$
769

 
$

 
$

 
$
769

(1) In connection with the Sound-Recording Settlements (as described in Note 10. Commitments and Contingencies above), the Company is obligated to issue to UMG (as defined in that Note) 20,000 shares of its common stock when and if the closing price of the Company's common stock exceeds $250.00 per share and an additional 16,000 shares of common stock when and if the closing price of the Company’s common stock exceeds $300.00 per share. Such contingently issuable shares are classified as liabilities and are re-measured to fair value each reporting period.
(2) Our cash-settled phantom stock options are accounted for as liability awards and are re-measured at fair value each reporting period with changes flowing through statement of operations. As of March 31, 2020, the aggregate estimated fair value of our cash-settled phantom stock options was $0.2 million, of which the amortized portion recognized as a liability in our condensed consolidated balance sheet was $0.2 million.

The following table shows the carrying amounts and the fair values of our long-term debt in the condensed consolidated financial statements at March 31, 2020 and December 31, 2019, respectively (in thousands):
 
March 31, 2020
 
December 31, 2019
 
Carrying Amount(7)
 
Fair Value
 
Carrying Amount (7)
 
Fair Value
Senior secured term loan facility, due January 2023 (+)(1)
$
485,405

 
$
317,948

 
$
485,166

 
$
454,168

Senior secured revolving credit facility, due January 2022 (+)(2)
80,615

 
80,615

 
43,315

 
43,315

Convertible senior notes due 2035 (1)(3)
71,302

 
5,775

 
71,126

 
37,125

Second Lien Notes, due June 2023(4)(5)
161,121

 
23,058

 
149,772

 
99,922

Other debt (6)
22,937

 
22,937

 
23,683

 
23,685

 
$
821,380

 
$
450,333

 
$
773,062

 
$
658,215

(+)
This facility is a component of the 2017 Credit Agreement.
(1)
The estimated fair value is classified as Level 2 financial instrument and was determined based on quoted prices of the instrument in a similar over-the-counter market.
(2)
The estimated fair value is considered to approximate carrying value and is classified as Level 3 financial instruments.
(3)
The fair value of the 2.75% Convertible Notes is exclusive of the conversion feature therein, which was originally allocated for reporting purposes at $13.0 million, and is included in the condensed consolidated balance sheets within “Additional paid-in capital”. The principal amount outstanding of the Convertible Notes was $82.5 million as of March 31, 2020, and the carrying amount in the foregoing table reflects this outstanding principal amount net of debt issuance costs and discount associated with the equity component.
(4)
The principal amount outstanding of the Second Lien Notes, due June 2023 as set forth in the foregoing table was $188.7 million as of March 31, 2020, and includes $38.7 million of payment-in-kind (“PIK”) interest converted to principal since debt issuance. The value allocated to the attached penny warrants and market warrants for financial reporting purposes was $14.9 million and $9.3 million, respectively. These qualify for classification in stockholders’ equity and are included in the condensed consolidated balance sheets within “Additional paid-in capital” (see Note 10. Financing Arrangements).
(5)
The fair value of the Second Lien Notes was determined based on a Black-Derman-Toy interest rate Lattice model. The key inputs of the valuation model contain certain Level 3 inputs.
(6)
The estimated fair value is considered to approximate carrying value given the short-term maturity and is classified as Level 3 financial instruments. For March 31, 2020, Other debts primarily consisted of (i) $3.4 million financing for transponder purchases, which was payable April 2020, and remains unpaid at filing date; and (ii) $18.4 million of finance lease liability relating to an assessed right-of-use over a satellite bandwidth capacity (refer to Note 4. Leases for further details).
(7)
The carrying amounts presented above at March 31, 2020 and December 31, 2019 are net of $58.1 million and $60.5 million of unamortized bond discounts and issuance costs, respectively.
XML 53 R41.htm IDEA: XBRL DOCUMENT v3.20.2
Concentrations (Tables)
3 Months Ended
Mar. 31, 2020
Risks and Uncertainties [Abstract]  
Schedules of revenue concentration
As of March 31, 2020 and 2019, the percentage of revenue generated through this customer was as follows:
 
Three Months Ended March 31,
 
2020
 
2019
Southwest Airlines as a percentage of total revenue
20
%
 
21
%
Southwest Airlines as a percentage of Connectivity revenue
38
%
 
39
%
XML 54 R42.htm IDEA: XBRL DOCUMENT v3.20.2
Net Results Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of basic and diluted net loss per share of common stock
The following table sets forth the computation of basic and diluted net loss per share of common stock. All per share amounts presented below, have been adjusted for the Reverse Stock Split. (in thousands, except per share amounts):
 
 
Three Months Ended March 31,
 
 
2020
 
2019
Net loss (numerator):
 
 
 
 
Net loss – basic and diluted
 
$
(80,925
)
 
$
(37,609
)
Shares (denominator):
 
 
 
 
Weighted-average shares – basic and diluted
 
3,718

 
3,673

Diluted
 
$
(21.77
)
 
$
(10.23
)
Schedule of antidilutive securities
The following weighted average common equivalent shares are excluded from the calculation of the Company’s net loss per share as their inclusion would have been anti-dilutive (in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Employee stock options
203

 
205

Restricted and performance stock units
170

 
87

2.75% convertible senior notes due 2035
178

 
178

Contingently issuable shares (1)
36

 
36

Searchlight Penny Warrants (2)
723

 
723

Searchlight Market Warrants (2)
520

 
520


(1)
In connection with the Sound Recording Settlement, we are obligated to issue 20,000 shares of our common stock to UMG when and if the closing price of our common stock exceeds $250.00 per share, and 16,000 shares of our common stock to UMG when and if the closing price of our common stock exceeds $300.00 per share.
(2)
On March 27, 2018, the Company issued $150.0 million in aggregate principal amount of its Second Lien Notes to Searchlight, combined with two sets of warrants to acquire the Company’s common stock. For further details see Note 10. Financing Arrangements to our 2019 Form 10-K.
XML 55 R43.htm IDEA: XBRL DOCUMENT v3.20.2
Overview (Details)
3 Months Ended
Mar. 31, 2020
segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Number of segments 2
XML 56 R44.htm IDEA: XBRL DOCUMENT v3.20.2
Basis of Presentation and Summary of Significant Accounting Policies - Narrative (Details)
$ in Thousands
1 Months Ended 3 Months Ended
Mar. 31, 2020
USD ($)
member
Mar. 31, 2020
USD ($)
member
Mar. 31, 2019
USD ($)
Jun. 25, 2020
USD ($)
Dec. 31, 2019
USD ($)
Jul. 27, 2016
Debt Instrument [Line Items]            
Cash and cash equivalents $ 54,200 $ 54,200        
Restricted cash 703 703     $ 498  
Debt outstanding 821,380 821,380     773,062  
Cash and cash equivalents 54,193 54,193     23,964  
Net cash used in operations   3,690 $ 10,231      
Cash paid for interest   14,600        
Decrease (increase) in working capital   776,700        
Working capital (840,000) (840,000)     $ (63,400)  
Goodwill impairment   22,130 $ 0      
Investment in held-to-maturity debt securities $ 29,900 29,900        
Revolving Credit Facility            
Debt Instrument [Line Items]            
Draw down of revolving credit facility   $ 41,800        
Wireless Maritime Services            
Debt Instrument [Line Items]            
Equity method investment, ownership percentage           49.00%
Ownership by third party (as a percent) 51.00% 51.00%        
Board of directors, voting members | member 5 5        
Board of directors, voting members, number appointed by third party | member 3 3        
Board of directors, voting members, number appointed by company | member 2 2        
Other than temporary impairment charge   $ 10,100        
Santander            
Debt Instrument [Line Items]            
Equity method investment, ownership percentage           49.00%
Ownership by third party (as a percent) 51.00% 51.00%        
Board of directors, voting members | member 5 5        
Board of directors, voting members, number appointed by third party | member 3 3        
Board of directors, voting members, number appointed by company | member 2 2        
Other than temporary impairment charge   $ 3,000        
Subsequent Event            
Debt Instrument [Line Items]            
Cash and cash equivalents       $ 30,700    
Corporate Debt Securities            
Debt Instrument [Line Items]            
Payments for held to maturity debt securities $ 30,000          
Minimum            
Debt Instrument [Line Items]            
Debt securities, held-to-maturity, maturity range   29 days        
Maximum            
Debt Instrument [Line Items]            
Debt securities, held-to-maturity, maturity range   71 days        
Maritime & Land Connectivity            
Debt Instrument [Line Items]            
Goodwill impairment   $ 22,130        
Convertible senior notes            
Debt Instrument [Line Items]            
Debt outstanding $ 82,500 $ 82,500        
Stated interest rate 2.75% 2.75%        
XML 57 R45.htm IDEA: XBRL DOCUMENT v3.20.2
Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Impact of Adoption (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Jan. 01, 2020
Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Accounts receivable $ 82,796   $ 88,219
Other current assets 12,121   12,839
Other non-current assets 26,868   27,509
Accumulated deficit $ (1,245,113)   $ (1,162,901)
Cumulative Effect, Period Of Adoption, Adjustment      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Accounts receivable   $ (503)  
Other current assets   (111)  
Other non-current assets   (673)  
Accumulated deficit   (1,287)  
Cumulative Effect, Period Of Adoption, Adjusted Balance      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Accounts receivable   87,716  
Other current assets   12,728  
Other non-current assets   26,836  
Accumulated deficit   $ (1,164,188)  
XML 58 R46.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue Recognition - Disaggregation of Revenue (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
USD ($)
segment
Mar. 31, 2019
USD ($)
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]      
Number of operating segments | segment 2    
Disaggregation of Revenue [Line Items]      
Contract with Customer, Timing of Satisfaction of Performance Obligation and Payment     Contract payment terms are generally 30 to 45 days
Total Revenues $ 144,165 $ 166,619  
Licensing and services      
Disaggregation of Revenue [Line Items]      
Total Revenues 135,645 150,478  
Media & Content      
Disaggregation of Revenue [Line Items]      
Total Revenues 68,385 80,010  
Media & Content | Licensing and services      
Disaggregation of Revenue [Line Items]      
Total Revenues 68,385 80,010  
Connectivity      
Disaggregation of Revenue [Line Items]      
Total Revenues 75,780 86,609  
Connectivity | Aviation Services      
Disaggregation of Revenue [Line Items]      
Total Revenues 30,706 31,241  
Connectivity | Aviation Equipment      
Disaggregation of Revenue [Line Items]      
Total Revenues 6,403 14,060  
Connectivity | Maritime & Land Services      
Disaggregation of Revenue [Line Items]      
Total Revenues 36,554 39,227  
Connectivity | Maritime & Land Equipment      
Disaggregation of Revenue [Line Items]      
Total Revenues $ 2,117 $ 2,081  
XML 59 R47.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue Recognition - Contract Asset and Liability (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Dec. 31, 2019
Change in Contract With Customer, Asset [Roll Forward]        
Beginning balance $ 14,431      
Contract With Customer, Asset, Revenue Recognized In Excess Of Billings 1,355      
Costs included in the beginning balance recognized (3,187)      
Current contract assets     $ 2,159  
Non-current contract assets     10,440  
Ending balance 12,599      
Contract with Customer, Liability [Roll Forward]        
Beginning balance 12,403      
Revenue recognized that was included in the contract liability balance at the beginning of the period (6,723)      
Increase due to cash received, excluding amounts recognized as revenue during the period 3,941      
Ending balance 9,621      
Deferred revenue, current     9,535 $ 12,317
Deferred revenue, non-current     86 86
Deferred revenue 9,621   9,621 $ 12,403
Remaining performance obligation     $ 956,300  
Percent of remaining performance obligation expected to be satisfied in 2020     20.00%  
Percent of remaining performance obligation expected to be satisfied in 2021     19.00%  
Percent of remaining performance obligation expected to be satisfied in 2022     16.00%  
Service revenue 144,165 $ 166,619    
Services        
Contract with Customer, Liability [Roll Forward]        
Service revenue $ 2,700 $ 3,500    
XML 60 R48.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue Recognition - Accounts Receivable, Net (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]    
Accounts receivable, gross $ 91,289 $ 94,995
Less: Allowance for doubtful accounts (8,493) (6,776)
Accounts receivable, net $ 82,796 $ 88,219
XML 61 R49.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue Recognition - Capitalized Contract Costs (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2020
USD ($)
Capitalized Contract Cost [Line Items]  
Beginning balance $ 5,643
Capitalization during period 276
Amortization (133)
Ending balance 5,786
Costs to Obtain  
Capitalized Contract Cost [Line Items]  
Beginning balance 387
Capitalization during period 50
Amortization (29)
Ending balance 408
Costs to Fulfill  
Capitalized Contract Cost [Line Items]  
Beginning balance 5,256
Capitalization during period 226
Amortization (104)
Ending balance $ 5,378
XML 62 R50.htm IDEA: XBRL DOCUMENT v3.20.2
Leases - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Lessee, Lease, Description [Line Items]    
Operating lease expense $ 1.4 $ 1.6
Operating lease cost $ 0.5 0.0
Weighted average remaining lease term -- finance lease 6 years 3 months  
Real Estate | Minimum    
Lessee, Lease, Description [Line Items]    
Operating lease, remaining lease term 1 year  
Real Estate | Maximum    
Lessee, Lease, Description [Line Items]    
Operating lease, remaining lease term 10 years  
Co-Location | Minimum    
Lessee, Lease, Description [Line Items]    
Operating lease, remaining lease term 1 year  
Co-Location | Maximum    
Lessee, Lease, Description [Line Items]    
Operating lease, remaining lease term 8 years  
Bandwidth Operating Leases    
Lessee, Lease, Description [Line Items]    
Operating lease cost $ 0.3 $ 0.0
Bandwidth Operating Leases | Minimum    
Lessee, Lease, Description [Line Items]    
Operating lease, remaining lease term 1 year  
Bandwidth Operating Leases | Maximum    
Lessee, Lease, Description [Line Items]    
Operating lease, remaining lease term 2 years  
XML 63 R51.htm IDEA: XBRL DOCUMENT v3.20.2
Leases - Summary of Lease Cost (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Leases [Abstract]    
Amortization of right-of-use asset, net of lease incentive and contract liability credits $ 420 $ 0
Interest accretion on finance lease liabilities 383 0
Total lease cost $ 803 $ 0
XML 64 R52.htm IDEA: XBRL DOCUMENT v3.20.2
Leases - Schedule of Operating Leases and Sales-Type Leases (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Leases [Abstract]    
Lease income from operating leases $ 26,023 $ 34,107
Earned income on sales-type leases 103 333
Total Licensing & Service Revenues -- Maritime & Land Connectivity $ 26,126 $ 34,440
XML 65 R53.htm IDEA: XBRL DOCUMENT v3.20.2
Leases - Weighted Average Lease Term and Discount Rate (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2020
USD ($)
Lessee, Lease, Description [Line Items]  
Cash paid for amounts included in the measurement of operating lease liabilities $ 2,028
Cash paid for amounts included in the measurement of finance lease liabilities 940
Right-of-use-assets obtained in exchange for finance lease obligations $ 0
Weighted average remaining lease term -- finance lease 6 years 3 months
Weighted average IBR -- finance lease (as a percent) 8.30%
Real Estate  
Lessee, Lease, Description [Line Items]  
Weighted average remaining lease term -- operating leases 7 years 4 days
Weighted average IBR - operating lease (as a percent) 9.90%
Co-Location  
Lessee, Lease, Description [Line Items]  
Weighted average remaining lease term -- operating leases 4 years 7 months 2 days
Weighted average IBR - operating lease (as a percent) 8.89%
Satellite Capacity Leases  
Lessee, Lease, Description [Line Items]  
Weighted average remaining lease term -- operating leases 9 months
Weighted average IBR - operating lease (as a percent) 7.24%
XML 66 R54.htm IDEA: XBRL DOCUMENT v3.20.2
Leases - Schedule of Future Minimum Lease Payments (Details)
$ in Thousands
Mar. 31, 2020
USD ($)
Lessee, Lease, Description [Line Items]  
2020 (remaining nine months) $ 9,111
2021 10,704
2022 9,767
2023 7,935
2024 7,929
Thereafter 17,472
Total Future Lease Payments 62,918
Less: Imputed interest (15,606)
Present Value of Lease Liabilities 47,312
Finance Lease, Liability, Payment, Due [Abstract]  
Present Value of Lease Liabilities 18,400
Lessor, Sales-type Lease, Description [Abstract]  
2020 (remaining nine months) 382
2021 503
2022 425
2023 261
2024 180
Thereafter 43
Total Future Lease Payments 1,794
Less: Imputed interest (273)
Net Investment in Sales-Type Leases 1,521
Co-Location  
Lessee, Lease, Description [Line Items]  
2020 (remaining nine months) 1,443
2021 1,793
2022 1,468
2023 561
2024 550
Thereafter 1,009
Total Future Lease Payments 6,824
Less: Imputed interest (1,266)
Present Value of Lease Liabilities 5,558
Real Estate  
Lessee, Lease, Description [Line Items]  
2020 (remaining nine months) 3,815
2021 5,153
2022 4,541
2023 3,616
2024 3,621
Thereafter 10,825
Total Future Lease Payments 31,571
Less: Imputed interest (9,232)
Present Value of Lease Liabilities 22,339
Satellite Capacity Leases  
Lessee, Lease, Description [Line Items]  
2020 (remaining nine months) 1,034
2021 0
2022 0
2023 0
2024 0
Thereafter 0
Total Future Lease Payments 1,034
Less: Imputed interest (24)
Present Value of Lease Liabilities 1,010
Finance Lease, Liability, Payment, Due [Abstract]  
2020 (remaining nine months) 2,819
2021 3,758
2022 3,758
2023 3,758
2024 3,758
Thereafter 5,638
Total Future Lease Payments 23,489
Less: Imputed interest (5,084)
Present Value of Lease Liabilities $ 18,405
XML 67 R55.htm IDEA: XBRL DOCUMENT v3.20.2
Leases - Schedule of Lease Assets (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Property, Plant and Equipment [Line Items]    
Gross balance $ 319,356 $ 319,637
Accumulated depreciation (186,587) (174,342)
Property and equipment, net 132,769 145,295
Equipment Leased to Other Party    
Property, Plant and Equipment [Line Items]    
Gross balance 55,961 57,369
Accumulated depreciation (32,554) (30,692)
Property and equipment, net $ 23,407 $ 26,677
XML 68 R56.htm IDEA: XBRL DOCUMENT v3.20.2
Property and Equipment, net - Schedule of Property, Plant and Equipment (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Property, Plant and Equipment [Line Items]    
Gross balance $ 319,356 $ 319,637
Accumulated depreciation (186,587) (174,342)
Property and equipment, net 132,769 145,295
Leasehold improvements    
Property, Plant and Equipment [Line Items]    
Gross balance 11,340 11,319
Furniture and fixtures    
Property, Plant and Equipment [Line Items]    
Gross balance 2,672 2,683
Equipment    
Property, Plant and Equipment [Line Items]    
Gross balance 158,138 157,259
Computer equipment    
Property, Plant and Equipment [Line Items]    
Gross balance 15,425 16,993
Computer software    
Property, Plant and Equipment [Line Items]    
Gross balance 52,690 51,939
Automobiles    
Property, Plant and Equipment [Line Items]    
Gross balance 298 301
Buildings    
Property, Plant and Equipment [Line Items]    
Gross balance 7,087 7,088
Albatross (Company-owned aircraft)    
Property, Plant and Equipment [Line Items]    
Gross balance 456 456
Satellite transponders    
Property, Plant and Equipment [Line Items]    
Gross balance 70,100 70,100
Other    
Property, Plant and Equipment [Line Items]    
Gross balance $ 1,150 $ 1,499
XML 69 R57.htm IDEA: XBRL DOCUMENT v3.20.2
Property and Equipment, net - Deprecation Expense (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Property, Plant and Equipment [Line Items]    
Total depreciation expense $ 13,505 $ 14,153
Cost of sales    
Property, Plant and Equipment [Line Items]    
Total depreciation expense 9,628 8,934
Sales and marketing expenses    
Property, Plant and Equipment [Line Items]    
Total depreciation expense 522 1,002
Product development    
Property, Plant and Equipment [Line Items]    
Total depreciation expense 571 835
General and administrative    
Property, Plant and Equipment [Line Items]    
Total depreciation expense $ 2,784 $ 3,382
XML 70 R58.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2020
USD ($)
reporting_unit
Mar. 31, 2019
USD ($)
Dec. 31, 2019
USD ($)
Goodwill [Line Items]      
Number of reporting units | reporting_unit 3    
Goodwill [Roll Forward]      
Beginning balance $ 159,607    
Balance as of March 31, 2020 390,489   $ 390,607
Accumulated impairment loss (253,130)   (231,000)
Impairment loss (22,130) $ 0  
Foreign currency translation adjustments (118)    
Ending balance 137,359    
Aviation Connectivity      
Goodwill [Roll Forward]      
Beginning balance 54,022    
Balance as of March 31, 2020 98,022   98,022
Accumulated impairment loss (44,000)   (44,000)
Impairment loss 0    
Foreign currency translation adjustments 0    
Ending balance 54,022    
Maritime & Land Connectivity      
Goodwill [Roll Forward]      
Beginning balance 22,130    
Balance as of March 31, 2020 209,130   209,130
Accumulated impairment loss (209,130)   (187,000)
Impairment loss (22,130)    
Foreign currency translation adjustments 0    
Ending balance 0    
Media & Content      
Goodwill [Roll Forward]      
Beginning balance 83,455    
Balance as of March 31, 2020 83,337   83,455
Accumulated impairment loss 0   $ 0
Impairment loss 0    
Foreign currency translation adjustments (118)    
Ending balance $ 83,337    
XML 71 R59.htm IDEA: XBRL DOCUMENT v3.20.2
Intangible Assets, net - Finite-Lived Intangible Assets (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]      
Gross carrying value $ 202,022   $ 202,023
Accumulated amortization 152,747   146,540
Total $ 49,275   55,483
Existing technology -- software      
Finite-Lived Intangible Assets [Line Items]      
Weighted average useful lives 5 years 2 months 12 days 5 years 2 months 12 days  
Gross carrying value $ 36,799   36,799
Accumulated amortization 32,263   30,487
Total $ 4,536   6,312
Developed technology      
Finite-Lived Intangible Assets [Line Items]      
Weighted average useful lives 8 years 8 years  
Gross carrying value $ 7,317   7,317
Accumulated amortization 5,945   5,716
Total $ 1,372   1,601
Customer relationships      
Finite-Lived Intangible Assets [Line Items]      
Weighted average useful lives 8 years 8 months 12 days 8 years 8 months 12 days  
Gross carrying value $ 138,358   138,358
Accumulated amortization 95,259   91,124
Total $ 43,099   47,234
Backlog      
Finite-Lived Intangible Assets [Line Items]      
Weighted average useful lives 3 years 3 years  
Gross carrying value $ 18,300   18,300
Accumulated amortization 18,300   18,300
Total $ 0   0
Other      
Finite-Lived Intangible Assets [Line Items]      
Weighted average useful lives 5 years 1 month 6 days 5 years 1 month 6 days  
Gross carrying value $ 1,248   1,249
Accumulated amortization 980   913
Total $ 268   $ 336
Minimum      
Finite-Lived Intangible Assets [Line Items]      
Weighted average useful lives 2 years    
Maximum      
Finite-Lived Intangible Assets [Line Items]      
Weighted average useful lives 10 years    
Weighted average      
Finite-Lived Intangible Assets [Line Items]      
Weighted average useful lives 7 years 6 months    
XML 72 R60.htm IDEA: XBRL DOCUMENT v3.20.2
Intangible Assets, net - Amortization Expense (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]      
2020 (remaining nine months) $ 16,056    
2021 13,824    
2022 7,907    
2023 6,890    
2024 4,230    
Thereafter 368    
Total 49,275   $ 55,483
Amortization of intangible assets $ 6,200 $ 7,800  
XML 73 R61.htm IDEA: XBRL DOCUMENT v3.20.2
Credit Loss Reserve and Allowances (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2020
USD ($)
customer
segment
Financing Receivable, Allowance for Credit Loss [Line Items]  
Number of segments | segment 2
Accounts Receivable, Allowance for Credit Loss [Roll Forward]  
Beginning balance $ 6,776
Current-period provision for expected credit losses(1) 2,950
Write-offs and dispositions (866)
Foreign currency rate changes (870)
Ending balance 8,493
Prepaid and Other Current Assets  
Beginning balance 0
Current-period provision for expected credit losses(1) 4
Write-offs and dispositions 0
Foreign currency rate changes 0
Ending balance 115
Other Non-Current Assets  
Beginning balance 0
Current-period provision for expected credit losses(1) 33
Write-offs and dispositions 0
Foreign currency rate changes 0
Ending balance 705
Total  
Beginning balance 6,776
Current-period provision for expected credit losses(1) 2,987
Write-offs and dispositions 866
Foreign currency rate changes (870)
Ending balance 9,313
Cumulative Effect, Period Of Adoption, Adjustment  
Accounts Receivable, Allowance for Credit Loss [Roll Forward]  
Beginning balance 503
Prepaid and Other Current Assets  
Beginning balance 111
Other Non-Current Assets  
Beginning balance 672
Total  
Beginning balance $ 1,286
International Airline Partner  
Total  
Expected credit loss (as a percent) 45.00%
Number of customers accounting for credit loss | customer 1
Other Airline Partner  
Total  
Expected credit loss (as a percent) 43.00%
Number of customers accounting for credit loss | customer 3
XML 74 R62.htm IDEA: XBRL DOCUMENT v3.20.2
Equity Method Investments - Narrative (Details) - USD ($)
$ in Millions
Jul. 27, 2016
Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]    
Difference between carrying amount and underlying equity   $ 41.4
Finite lived intangible asset, weighted average useful life 14 years 10 months 24 days  
XML 75 R63.htm IDEA: XBRL DOCUMENT v3.20.2
Equity Method Investments - Schedule of Summarized Financial Information (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Statement of Financial Position [Abstract]      
Current assets $ 45,489   $ 50,588
Non-current assets 24,635   25,370
Current liabilities 13,623   26,593
Non-current liabilities 9,866   2,207
Income Statement [Abstract]      
Revenue 30,877 $ 32,100  
Net income 7,088 $ 6,887  
Carrying value 64,300   78,886
Wireless Maritime Services and Santander      
Income Statement [Abstract]      
Carrying value $ 64,300   $ 78,886
XML 76 R64.htm IDEA: XBRL DOCUMENT v3.20.2
Financing Arrangements - Summary of Outstanding Indebtedness (Details) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Jan. 06, 2017
Debt Instrument [Line Items]      
Long term debt $ 879,448,000    
Unamortized bond discounts, fair value adjustments and issue costs, net (58,068,000) $ (60,509,000)  
Total carrying value of debt 821,380,000 773,062,000  
Less: current portion, net (804,575,000) (15,678,000)  
Total non-current 16,805,000 757,384,000  
Long-term debt 821,380,000 773,062,000  
Finance lease liability 18,400,000    
Term loan facility      
Debt Instrument [Line Items]      
Long term debt 504,680,000 506,037,000  
Long-term debt 485,405,000 485,166,000  
Revolving Credit Facility      
Debt Instrument [Line Items]      
Long term debt 80,615,000 43,315,000  
Long-term debt 80,615,000 43,315,000  
Convertible senior notes      
Debt Instrument [Line Items]      
Long term debt 82,500,000 82,500,000  
Total carrying value of debt $ 82,500,000    
Stated interest rate 2.75%    
Long-term debt $ 71,302,000 71,126,000  
Equity component of convertible debt 13,000,000    
Second Lien Notes, Due June 2023      
Debt Instrument [Line Items]      
Long term debt 188,716,000 178,034,000  
Other debt      
Debt Instrument [Line Items]      
Long term debt 22,937,000 23,685,000  
Long-term debt 22,937,000 23,683,000  
Line of Credit      
Debt Instrument [Line Items]      
Letters of credit outstanding 4,400,000    
Transponder Equipment Financing      
Debt Instrument [Line Items]      
Other long term debt 3,400,000    
Revolving Credit Facility | Line of Credit      
Debt Instrument [Line Items]      
Maximum borrowing capacity     $ 85,000,000.0
Line of credit, available balance 0    
Letters of Credit | Line of Credit      
Debt Instrument [Line Items]      
Maximum borrowing capacity     $ 15,000,000.0
Letters of credit outstanding 4,400,000    
2017 Credit Agreement | Line of Credit      
Debt Instrument [Line Items]      
Letters of credit outstanding 4,400,000    
Second Lien Credit Agreement      
Debt Instrument [Line Items]      
Long term debt 188,700,000    
Long-term debt 161,121,000 $ 149,772,000  
Second Lien Credit Agreement | Penny Warrants      
Debt Instrument [Line Items]      
Equity component of convertible debt 14,900,000    
Second Lien Credit Agreement | Market Warrants      
Debt Instrument [Line Items]      
Equity component of convertible debt $ 9,300,000    
XML 77 R65.htm IDEA: XBRL DOCUMENT v3.20.2
Financing Arrangements - Narrative (Details) - USD ($)
$ in Thousands
3 Months Ended
Feb. 28, 2020
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Debt Instrument [Line Items]        
Proceeds from borrowings on revolving credit facility   $ 44,300 $ 17,900  
Cash and cash equivalents   54,193   $ 23,964
Restricted cash   $ 700    
Revolving Credit Facility | Line of Credit        
Debt Instrument [Line Items]        
Proceeds from borrowings on revolving credit facility $ 41,800      
XML 78 R66.htm IDEA: XBRL DOCUMENT v3.20.2
Financing Arrangements - Maturities of Long-term Debt (Details)
$ in Thousands
Mar. 31, 2020
USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]  
2020 (remaining nine months) $ 13,633
2021 29,818
2022 110,564
2023 633,974
2024 3,236
Thereafter 88,223
Long-term debt $ 879,448
XML 79 R67.htm IDEA: XBRL DOCUMENT v3.20.2
Related Party Transactions (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended
May 06, 2020
Feb. 24, 2020
Feb. 07, 2018
Jul. 15, 2011
Feb. 28, 2019
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Jul. 27, 2016
Santander                  
Related Party Transaction [Line Items]                  
Equity method investment, ownership percentage                 49.00%
Purchase from related parties           $ 1.1 $ 1.1    
Accounts payable to related parties           1.3   $ 1.8  
Wireless Maritime Services                  
Related Party Transaction [Line Items]                  
Payable to related party         $ 7.4        
Interest rate         6.50%        
Wireless Maritime Services                  
Related Party Transaction [Line Items]                  
Dividends receivable           3.7      
Row 44, Inc. | Former Officer                  
Related Party Transaction [Line Items]                  
Interest rate       6.00%          
Common stock, value, subscriptions       $ 0.4   $ 0.6   $ 0.6  
Common stock converted (in shares)       8,956          
Net monetary award in favor of the Company   $ 0.5              
Putnam Investments and PAR                  
Related Party Transaction [Line Items]                  
Common stock converted (as a percent)     5.00%            
Subsequent Event | Row 44, Inc. | Former Officer                  
Related Party Transaction [Line Items]                  
Damages sought $ 0.9                
XML 80 R68.htm IDEA: XBRL DOCUMENT v3.20.2
Commitments and Contingencies - Schedule of Future Minimum Commitments (Details)
$ in Thousands
Mar. 31, 2020
USD ($)
Movie License and Internet Protocol Television (“IPTV”) Commitments  
Other Commitments [Line Items]  
2020 (remaining nine months) $ 33,562
2021 7,588
2022 2,466
Total 43,616
Satellite Service Provider  
Other Commitments [Line Items]  
2020 (remaining nine months) 65,874
2021 49,903
2022 34,527
2023 33,032
2024 33,032
Thereafter 58,355
Total $ 274,723
XML 81 R69.htm IDEA: XBRL DOCUMENT v3.20.2
Commitments and Contingencies - Other Commitments (Details) - Line of Credit
$ in Millions
Mar. 31, 2020
USD ($)
Long-term Commitment [Line Items]  
Letters of credit outstanding $ 4.4
Letters of Credit  
Long-term Commitment [Line Items]  
Letters of credit outstanding $ 4.4
XML 82 R70.htm IDEA: XBRL DOCUMENT v3.20.2
Commitments and Contingencies - Contingencies (Details) - USD ($)
$ / shares in Units, $ in Millions
1 Months Ended
Mar. 02, 2020
Dec. 03, 2019
May 03, 2018
Mar. 31, 2017
Aug. 31, 2016
Aug. 31, 2014
Dec. 31, 2019
Settled litigation | UMG Recordings              
Loss Contingencies [Line Items]              
Paid to American in settlement of lawsuit       $ 5.0 $ 18.0    
Stock issued for legal settlements (in shares)         72,000    
Settled litigation | BMG Rights Management (US) LLC              
Loss Contingencies [Line Items]              
Payment for lawsuit settlement   $ 5.5          
Loss contingency             $ 3.5
Settled litigation | SwiftAir, LLC              
Loss Contingencies [Line Items]              
Fees paid $ 2.2            
Costs paid $ 0.1            
Pending Litigation | SwiftAir, LLC              
Loss Contingencies [Line Items]              
Damages sought           $ 9.0  
Price Per Share Scenario One | Common Stock | UMG Recordings              
Loss Contingencies [Line Items]              
Stock issued during period, litigation (in shares)       20,000      
Share price (in usd per share)       $ 250.00      
Price Per Share Scenario Two | Common Stock | UMG Recordings              
Loss Contingencies [Line Items]              
Stock issued during period, litigation (in shares)       16,000      
Share price (in usd per share)       $ 300.00      
Within 14 Days of Execution of Settlement Agreement | Settled litigation | BMG Rights Management (US) LLC              
Loss Contingencies [Line Items]              
Payment for lawsuit settlement     $ 0.5        
On or Before each of December 31, 2019, June 30, 2020, and June 30, 2021 | Settled litigation | BMG Rights Management (US) LLC              
Loss Contingencies [Line Items]              
Payment for lawsuit settlement     1.5        
On or before June 30, 2022 | Settled litigation | BMG Rights Management (US) LLC              
Loss Contingencies [Line Items]              
Payment for lawsuit settlement     $ 0.5        
XML 83 R71.htm IDEA: XBRL DOCUMENT v3.20.2
Equity Transactions - Narrative (Details)
Apr. 15, 2020
$ / shares
shares
Mar. 30, 2020
Apr. 14, 2020
shares
Mar. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2019
$ / shares
shares
Jun. 25, 2018
shares
Jan. 18, 2018
shares
Dec. 21, 2017
shares
Mar. 31, 2016
USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Beneficial ownership percentage   20.00%              
Common stock, shares issued       3,989,188 3,837,920        
Common stock, par value (usd per share) | $ / shares       $ 0.0001 $ 0.0001        
Stock repurchase program, authorized amount | $                 $ 50,000,000.0
Stock repurchase program, remaining authorized amount | $       $ 44,800,000          
Twenty Thirteen Equity Incentive Plan                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Number of shares available for grant (in shares)             282,812    
Number of shares authorized (in shares)             440,000    
Equity Incentive Plan, 2017                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Number of shares authorized (in shares)           80,000   260,000  
Employee Stock Option | Twenty Thirteen Equity Incentive Plan                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Number of shares available for grant (in shares)               83,914  
Subsequent Event                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Common stock, shares issued 3,717,797   92,944,935            
Common stock, par value (usd per share) | $ / shares $ 0.0001                
Maximum | Subsequent Event                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Reverse stock split, common stock ratio 0.04                
XML 84 R72.htm IDEA: XBRL DOCUMENT v3.20.2
Equity Transactions - Share-Based Compensation (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]    
Share-based compensation expense $ 1,128 $ 1,289
Cost of services    
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]    
Share-based compensation expense 66 27
Sales and marketing expenses    
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]    
Share-based compensation expense 57 53
Product development    
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]    
Share-based compensation expense 77 68
General and administrative    
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]    
Share-based compensation expense $ 928 $ 1,141
XML 85 R73.htm IDEA: XBRL DOCUMENT v3.20.2
Income Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Income Tax Disclosure [Abstract]      
Income tax expense $ 1,126 $ 130  
Unrecognized tax benefits 6,300   $ 7,700
Unrecognized tax benefits, income tax penalties and interest accrued $ 6,200   $ 6,400
XML 86 R74.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information - Revenue and Gross Margin by Segment (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2020
USD ($)
segment
Mar. 31, 2019
USD ($)
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Number of operating segments | segment 2  
Total Revenues $ 144,165 $ 166,619
Cost of sales 120,807 134,194
Gross margin 23,358 32,425
Other operating expenses 70,151 51,515
Loss from operations (46,793) (19,090)
Licensing and services    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total Revenues 135,645 150,478
Cost of sales 113,284 123,269
Services    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total Revenues 2,700 3,500
Equipment    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total Revenues 8,520 16,141
Cost of sales 7,523 10,925
Media & Content    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total Revenues 68,385 80,010
Media & Content | Licensing and services    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total Revenues 68,385 80,010
Connectivity    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total Revenues 75,780 86,609
Operating Segments | Media & Content    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Gross margin 12,829 22,341
Operating Segments | Media & Content | Licensing and services    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total Revenues 68,385 80,010
Cost of sales 55,556 57,669
Operating Segments | Connectivity    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Gross margin 10,529 10,084
Operating Segments | Connectivity | Services    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total Revenues 67,260 70,468
Cost of sales 57,728 65,600
Operating Segments | Connectivity | Equipment    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total Revenues 8,520 16,141
Cost of sales $ 7,523 $ 10,925
XML 87 R75.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information - Total Assets by Segment (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Segment Reporting Information [Line Items]    
Total assets $ 630,476 $ 668,580
Operating Segments    
Segment Reporting Information [Line Items]    
Total assets 580,004 647,708
Operating Segments | Media & Content    
Segment Reporting Information [Line Items]    
Total assets 300,205 316,340
Operating Segments | Connectivity    
Segment Reporting Information [Line Items]    
Total assets 279,799 331,368
Corporate    
Segment Reporting Information [Line Items]    
Total assets $ 50,472 $ 20,872
XML 88 R76.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended
Mar. 31, 2017
Mar. 31, 2020
Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Phantom stock options liability   $ 200  
Fair Value, Measurements, Recurring      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Contingently issuable shares   98 $ 305
Phantom stock options   243 464
Total financial liabilities   341 769
Fair Value, Measurements, Recurring | Quotes prices in active markets (Level 1)      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Contingently issuable shares   0 0
Phantom stock options   0 0
Total financial liabilities   0 0
Fair Value, Measurements, Recurring | Significant other observable inputs (Level 2)      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Contingently issuable shares   0 0
Phantom stock options   0 0
Total financial liabilities   0 0
Fair Value, Measurements, Recurring | Significant other unobservable inputs (Level 3)      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Contingently issuable shares   98 305
Phantom stock options   243 464
Total financial liabilities   341 $ 769
Common Stock | Price Per Share Scenario One | UMG Recordings      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Shares issued in period (in shares) 20,000    
Share price (in usd per share) $ 250.00    
Common Stock | Price Per Share Scenario Two | UMG Recordings      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Shares issued in period (in shares) 16,000    
Share price (in usd per share) $ 300.00    
Cash-Settled Phantom Stock Options | Fair Value, Measurements, Recurring      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Phantom stock options   $ 200  
XML 89 R77.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value Measurements - Carrying Amounts and Fair Value of Long Term Debt (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long term debt, net $ 821,380   $ 773,062
Fair Value 450,333   658,215
Amount outstanding 821,380   773,062
Long term debt 879,448    
Paid-in-Kind interest converted to principal 10,682 $ 9,507  
Finance lease liability 18,400    
Discount 58,068   60,509
Term loan facility      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long term debt, net 485,405   485,166
Fair Value 317,948   454,168
Long term debt 504,680   506,037
Revolving Credit Facility      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long term debt, net 80,615   43,315
Fair Value 80,615   43,315
Long term debt 80,615   43,315
Convertible senior notes      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long term debt, net 71,302   71,126
Fair Value $ 5,775   37,125
Stated interest rate 2.75%    
Equity component of convertible debt $ 13,000    
Amount outstanding 82,500    
Long term debt 82,500   82,500
Other debt      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long term debt, net 22,937   23,683
Fair Value 22,937   23,685
Long term debt 22,937   23,685
Equipment Financing      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other long term debt 3,400    
Second Lien Credit Agreement      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Long term debt, net 161,121   149,772
Fair Value 23,058   $ 99,922
Long term debt 188,700    
Paid-in-Kind interest converted to principal 38,700    
Penny Warrants | Second Lien Credit Agreement      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Equity component of convertible debt 14,900    
Market Warrants | Second Lien Credit Agreement      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Equity component of convertible debt $ 9,300    
XML 90 R78.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value Measurements - Narrative (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Goodwill impairment $ 22,130 $ 0
Maritime & Land Connectivity    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Goodwill impairment 22,130  
Wireless Maritime Services    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other than temporary impairment charge 10,100  
Santander    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other than temporary impairment charge $ 3,000  
XML 91 R79.htm IDEA: XBRL DOCUMENT v3.20.2
Concentrations (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Concentration Risk [Line Items]      
Cash and cash equivalents $ 54,193   $ 23,964
Sales Revenue Segment | Customer Concentration Risk      
Concentration Risk [Line Items]      
Southwest Airlines, concentration risk, percent 20.00% 21.00%  
Sales Revenue Segment | Customer Concentration Risk | Connectivity      
Concentration Risk [Line Items]      
Southwest Airlines, concentration risk, percent 38.00% 39.00%  
Accounts Receivable | Customer Concentration Risk      
Concentration Risk [Line Items]      
Southwest Airlines, concentration risk, percent 16.00%   17.00%
Foreign Subsidiaries      
Concentration Risk [Line Items]      
Cash and cash equivalents $ 4,800    
XML 92 R80.htm IDEA: XBRL DOCUMENT v3.20.2
Net Results Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended
Mar. 27, 2018
Mar. 31, 2017
Mar. 31, 2020
Mar. 31, 2019
Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Net loss     $ (80,925) $ (37,609)
Weighted-average shares – basic and diluted     3,718,000 3,673,000
Net loss per share - Diluted (in dollars per share)     $ (21.77) $ (10.23)
Common Stock | UMG Recordings | Price Per Share Scenario One        
Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Shares issued in period (in shares)   20,000    
Share price (in usd per share)   $ 250.00    
Common Stock | UMG Recordings | Price Per Share Scenario Two        
Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Shares issued in period (in shares)   16,000    
Share price (in usd per share)   $ 300.00    
Employee stock options        
Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Antidilutive securities excluded from computation of net income (loss) per share (in shares)     203,000 205,000
Restricted and performance stock units        
Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Antidilutive securities excluded from computation of net income (loss) per share (in shares)     170,000 87,000
2.75% convertible senior notes due 2035        
Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Antidilutive securities excluded from computation of net income (loss) per share (in shares)     178,000 178,000
Contingently issuable shares        
Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Antidilutive securities excluded from computation of net income (loss) per share (in shares)     36,000 36,000
Penny Warrants        
Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Antidilutive securities excluded from computation of net income (loss) per share (in shares)     723,000 723,000
Market Warrants        
Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Antidilutive securities excluded from computation of net income (loss) per share (in shares)     520,000 520,000
Convertible senior notes        
Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Stated interest rate     2.75%  
Subordinated Debt        
Schedule of Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Proceeds from issuance of debt $ 150,000      
XML 93 R81.htm IDEA: XBRL DOCUMENT v3.20.2
Subsequent Events (Details) - USD ($)
$ / shares in Units, $ in Millions
Apr. 15, 2020
Apr. 14, 2020
Mar. 31, 2020
Dec. 31, 2019
Subsequent Event [Line Items]        
Common stock, par value (usd per share)     $ 0.0001 $ 0.0001
Common stock, shares issued     3,989,188 3,837,920
Subsequent Event        
Subsequent Event [Line Items]        
Minimum amount of debt and cash required (not less than) $ 17.5      
Common stock, par value (usd per share) $ 0.0001      
Common stock, shares issued 3,717,797 92,944,935    
XML 94 R9999.htm IDEA: XBRL DOCUMENT v3.20.2
Label Element Value
Cumulative Effect of New Accounting Principle in Period of Adoption us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $ (1,287,000)
Retained Earnings [Member]  
Cumulative Effect of New Accounting Principle in Period of Adoption us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $ (1,287,000)
EXCEL 95 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0 ( .Z8XE '04UB@0 +$ 0 9&]C4')O<',O87!P+GAM M;$V./0L",1!$_\IQO;=!P4)B0-!2L+(/>QLOD&1#LD)^OCG!CVX>;QA&WPIG M*N*I#BV&5(_C(I(/ !47BK9.7:=N')=HI6-Y #OGDK7A.YNJQ<&4GPZ4A!0W_J=0U[R;UEA_6\#MI7E!+ P04 M " #NF.)0O=@6H>X K @ $0 &1O8U!R;W!S+V-O&ULS9+! M3L,P#(9?!>7>.NT$$U&7"X@32$A, G&+'&^+:-HH,6KW]K1AZX3@ 3C&_O/Y ML^0&@\(^TG/L T5VE*Y&WW9)8=B( W-0 D/Y$TJIT0W-7=]](:G9]Q#,/AA M]@2UE#?@B8TU;& &%F$A"MU85!C)(L+/GS&-L,L K7DJ>,$55F!T//$ MREH5<%[+>5K=*KE5U_3Z[_O"["/O>NIW[ MQ\9G0=W K[O07U!+ P04 " #NF.)0F5R<(Q & "<)P $P 'AL+W1H M96UE+W1H96UE,2YX;6SM6EMSVC@4?N^OT'AG]FT+QC:!MK03621A'^_1S80RY8-[9)-NIL\!"SI^\Y%1^?H.'GS[BYBZ(:(E/)X M8-DOV]:[MR_>X%#BVR]*+ M41B1%G\@M MNN01.+5)#3(3/PB=AIAJ4!P"I DQEJ&&^+3&K!'@$WVWO@C(WXV(]ZMOFCU7 MH5A)VH3X$$8:XIQSYG/1;/L'I4;1]E6\W*.76!4!EQC?-*HU+,76>)7 \:V< M/!T3$LV4"P9!AI@S M&L%&KQMUAVC2/'K^!?F<-0HACA*FNVB<5@$_9Y>PTG!Z(++9OVX?H;5,VPLCO='U!=*Y \FIS_I,C0' MHYI9";V$5FJ?JH,@H%\;D>/N5Z> HWEL:\4*Z">P'_T=HWPJOX@L Y M?RY]SZ7ON?0]H=*W-R-]9\'3BUO>1FY;Q/NN,=K7-"XH8U=RSTS0LS0[=R2^JVE+ZU)CA* M]+',<$X>RPP[9SR2';9WH!TU^_9==N0CI3!3ET.X&D*^ VVZG=PZ.)Z8D;D* MTU*0;\/YZ<5X&N(YV02Y?9A7;>?8T='[Y\%1L*/O/)8=QXCRHB'NH8:8S\-# MAWE[7YAGE<90-!1M;*PD+$:W8+C7\2P4X&1@+: '@Z]1 O)256 Q6\8#*Y"B M?$R,1>APYY=<7^/1DN/;IF6U;J\I=QEM(E(YPFF8$V>KRMYEL<%5'<]56_*P MOFH]M!5.S_Y9KF4Q9Z;RWRT,"2Q;B%D2XDU=[=7GFYRN>B)V^I=W MP6#R_7#)1P_E.^=?]%U#KG[VW>/Z;I,[2$R<><41 71% B.5' 86%S+D4.Z2 MD 83 >LX=SFWJXPD6L_UC6'ODRWSEPVSK> U[F M$RQ#I'[!?8J*@!&K8KZZKT_Y)9P[M'OQ@2";_-;;I/;=X Q\U*M:I60K$3]+ M!WP?D@9CC%OT-%^/%&*MIK&MQMHQ#'F 6/,,H68XWX=%FAHSU8NL.8T*;T'5 M0.4_V]0-:/8--!R1!5XQF;8VH^1."CS<_N\-L,+$CN'MB[\!4$L#!!0 ( M .Z8XE %8-O@G@, !\- 8 >&PO=V]R:W-H965T&UL MG9==<]HX%(:ON[]"X^LEMFP(M /,!!JZM),V#>WN=#I[(6R!/94EKR2'Y-_W M2#8VZ1CA[0WXZ[QZ='3T^GAZ$/*'2BG5Z"EG7,V\5.OBC>^K.*4Y45>BH!SN M[(3,B893N?=5(2E);%#._# (KOV<9-R;3^VU>SF?BE*SC--[B529YT0^+R@3 MAYF'O>.%AVR?:G/!GT\+LJ<;JK\6]Q+._$8ER7+*528XDG0W\V[PFR6>F #[ MQ-\9/:B38V2FLA7BASE9)S,O,$24T5@;"0)_CW1)&3-*P/%?+>HU8YK T^.C M^LI.'B:S)8HN!?LG2W0Z\R8>2NB.E$P_B,-?M)[0R.C%@BG[BP[5L\/(0W&I MM,CK8"#(,U[]DZI-=JBCR'DMY8*T"?2JTT5'W&]UW;L%(<647S%GF<1^-1- E@&1\[4%XW M**^=*,U^^_)<="Z9.QP'@\^.A."@-->/GZ;4[F' MC8[>@8).C1,4A'@/L[(?3QQ S0?!/-?P)02P,$% @ [ICB4!&,L2Z+ M!P _!X !@ !X;"]W;W)K5;29PZJ75$0_OTSS=G[;0_V M3A^\9&\;H3X8WMULR1N=4_&Z?>;R;MCTLLH*6E89*P&GZ]O>"'X:^W6#&O'? MC+Y79]= #67)V%=U,UO=]CS%B.8T%:H+(O_MZ9CFN>I)\OCSV&FO>:9J>'Y] MZOWW>O!R,$M2T3'+_Y>MQ.:V%_? BJ[)+AIH\+,)K/Y9@_.7K$38^X[M&W]4BJ#9"Q :FZH'_NLCW):2F,L3IT M%=9=J<6WOPM\F.";X?X\)#H*X23T&]0%3[_AZ3MYOM!*\"P5],#4Q.[007#V MW,CKWR,HB3LD#2@ M8J3FCXEFV- ,G31GY5Z^5L8S6EGIA=J#48#];@P-J#!, C.]J*$7.>D]<[HE MV0K0;S+[5]0X_2+]Y85G;^_ 3@>%48#-Y.*&7.PD]R0VE,M4Q[D,(2!51#9'\Z3 TH6)L>;U)0S%Q4EP\+4;WX#(_F"@F^L.C) [\#D<#+(B3T+)4 MH->F_9A]''8(&% Y]RR2$9U(#KTQ#Z3ZX^%ZG M1)4-M](/".N".?9V$2>,HC#ILC7@_ #9%@UL]0 B=UI4%F# UH-=18\3TTX6 MZ2$+0MA]]298 N/(0K45&NA6FC\86[UG>6ZDA@UQC'"@Q=& "Y+0LY%KU06Z MY656"E*^93)W7XVB24)0%'29ZK @\&-+(H*MV$"WVDSEG)33LZ!BPU;2W.RE M+A8VO8:ZDH0^]KPN5QT6Q7$<6KBVB@/=DG-(FR4K!]=3)S2I2AQVL[L)%@6> M)7G"5GV@6WX.Z=.>-J%!5K#G1UWI-N'".(@]"\%6@6#\0\[O?C;Z/+N?+693 MI_V#K6Y MW T]F5+OI-Z_LO,1]*4[Z35RC.RS/),9&9!A@:9B., =AV#"1?% M";9$!;5R@MQR,J%K*F?62GHOZ6YVU$02Z4J1!+B[7@THB#"T)!;4"@IR"\KX M./.WC-3.UKN1JBXS4)::LE[HDM6!""&,+ X$M8*$ MW(+478+]\X1OI&PH;[IIU(VY9-K*$7++T?W_M>YTP8%A[&G+3H=%081C2]6+ M6F%";F%J2?_3Y:8K$8(1UM:; 89#; MVJU?(73(UTT*0;U>IZA61[T&-J8Z2 M)8DMP*W^(;?^Z2;E&EM=S!#6BW@##/N^S:G@5O*P6_(.Z>%*6L &-?/B4)8F MW;T:$U!66]@25]P*'[XB?$\/#[/%@\QAUM.:THW]/>'3!MR?T+'5V.N15)[-Z>FR^>QO_Y\G0_F;[,?_XIENOM M-S"9_CX;SQ;.O;JSS3JWC#WST[*J!$N_]L$'[Z/G>5":-P[V)-_1WP#LRT_4 M+Z@V1 X0D)VL%7CV%UVIW'SZ-*LJY?!4%F0[4N@#HAEQ%JU1.[U7/,BD+:$WMX+:BM![QZ2&( R;<+ =H;3F@+?;0HT M\U);@W\Z#J@=,!GW8DPXTU[,\.QH4IT+RUSVELG5E=.U;.A]C&0@^.&H]7 C MV+8^K5PR(5A17VXH65&N /+[-6/B=*,.0)L#[[N_ 5!+ P04 " #NF.)0 M7\S_GY^"1V=TWH&XL0XN ]B5/6TR+.LUM=9T&$$LA:)$.IF%D0FD NNG2I MLXPB&"I1$NN6873T!.)4ZW?5V)3VNR3G,4[1E *6)PFD'W9FJ;@6>\ MC+@MK O!V:2J L?F"T9EMM()YFD@1 N8Q_R9K+^A0F*E_L"YL75\#0YF(+8'9/B"P2H%UKL N!;9::$&FEC6"'/:[E*P!E=;"FVRHW"BU6 U.Y3;. M.!6S6.AX?_@T&8TGL_$(B-;LZ?%A-'@1G;O!XV R'(/9M_'X90:N7B>#U]&# MF+D&5U-(4]*LQNU5W-X%W&<5KK>7 M.]MU&DOW',L:M5]1^Y=3'ZY,]+;^Q-2$< MO.=9P:X&:\XWEZ,16ZQ)'K,+NB&%^&=)RSSFXK%79"#F./\KC MM!A,QM6[IW(RIEN>I05Y*@';YGE#@\.(Y7:VY?#&:C#?QBLP) M?]T\E>)IU$9)TIP4+*4%*,GR:G -+Z?8EPZ5Q3\IV;.C>R!3>:/TFWR8)5<# M1R(B&5EP&2(6EQV9DBR3D02.?YN@@_:;TO'X_A#]4Y6\2.8M9F1*LZ]IPM=7 M@W $K*,MQE_ION_29.0)^,M:,:J7[!O;)T!6&P9IWGC+!#D:5%?X_>F$$<. M(H[> 34.J._@&AQPXX"K1&MD55JW,8\GXY+N02FM131Y4]6F\A;9I(4/#[=W#_.X6B+OYXY?9[?6+>)B_B,O]W'ZY?;V?"YAP,P>O\%IQ]. =L'9>$@;0 +VNZ97&1L(_@P\GS>,0%7/G1 MT:*!=E-#0P9H&-S3@J\9N"L2DISZCT2:;:[HD.L-L@:\C\L+@.%'@!SD:/!, M?]H=1A8XN"T]KN)A0[QGLB/%EEQ:0KEM*+<*Y1I"O5 >9Z )J"UU[>]7_G)I M[R;0=:'OC4>[XPIHS'S?E^GN-/"\%IYGS71*&0=T"5B<$6;+UV\#^M9\3P+J MTJW=O>,\D!,Z02]=C1EV8>3JTPU:=($5W>>2,B86:;E*"QVX0/DJPM@+>]A4 M*XQ&Y' 8@5KE,^AN1\75Y M1TI&'G:=7MJJ48A):0G)4B)&/>Q U M5GX4F# >,3&T3QM2B,')JCK&B>#ZE'$Y6#NBA0K5^>%X@=_'JIJA( H= UC4 M@44_*N@NK;1<;"5 1E8".".<9T365L_V2('2'WR-B>>$!JP=ST)LQ7J=TY*G M_\75OD&P1EKPN%BE;QD!,1.@]6BQ.LC017W JE401*:IT-$YM//Y9TJ3?9IE M(,TW<5H:IZNK#BZ"6*FJ:F8:_X[1H?<3BD,5.M'"]-0B.="#?9BJF2>L#(P' M.ZV =K'X(MEX6=+\ )<6>IBJ&@Q=/XB4Y:^Q@Y$3F6K:R08,[.3,UZ0$9TTI MS\4\7=#_#T%J$6<&)V*+QPT!]! 71SZE0S0XA+^Q+I]8.HB P5*'3 M$F@7DUF5-3C+Q+"=U^-&_MVF_#O("5_31)1E)Q*I:$:6*-LF<@)V*P5(3\-, M5-5E")U0T5Z-G =(K?%2X$5[.)L2R0A):1,=Q73:U$C M56^0LI71&$780)VHTR1DUZ1Z2J;-D!QFIG'R((W:X#YG:HR&T"2?J%,D9%>D M:IF_$2%'Y "8Q^^&BJHZ,PRB8^)NH&KL<. :P7:2A.R2-&L!'A:D%J:J+A"B MOL3KK+"!C% G0<@N00^D7DA:7.HQ81@Z$>J?)G1V./ =4_DZ]4%V]3F X+0 MZ\,G^/./$$'XESS3IXMJ#Y6DV9:3!)R)]9;0+(O+(_MS;5[U5\-33KL(E+6F ML8/.!<*&O#JI0G:I^EIU'4@RC'="J015- =K8W+:+%1]P@'L4YS.R@],&70: MANQGGR_I0O9X!"%+E(R4._&"V0[OG80A^]GE)\[+J%,99%>9'Y^8FP G9V'L M^:XRR35VGN,&!N[%G5I@Y_>OL!-/[AI6- M.Q;'=A:_$U*O.9Z=1COJL/QRBP5WC(A_M!NS!U6_J^:LHP<6!=BI#.12!*6M:=WOJ!TTW5+'VC MG-.\NEV36&S0I('X?TDI/SS(#[3]]LG_4$L#!!0 ( .Z8XE#:,=+4T@( M /L& 8 >&PO=V]R:W-H965T&ULC57;;MI $/V5D96' M1&IB8P,F$2!QBX(4+HHA?:CZL. %N[%WZ>X"2;^^LVOC C*H+_9>YLR8[N71&G0F"\X_]&88MBQ' M$Z()72KM@>!K1WLT2;0CI/$[]VD5(37P>'WP_FQRQUP61-(>3[['H8I:5L." MD*[(-E%O?/]"\WQJVM^2)](\89_;.A8LMU+Q- <:KT?1M\()VP_="'VYL[N(&8P2SB6TE8*)NV0H8ZCKW,V70S-NX%-AZ,.%.1A $+ M:7B*MS&S(CWWD%[7O>IP1,0#>)5OX#JN4\*G]]_PRN,5.EY1;<_X\R[X"Q11 M%&= 5]!CZ)&>B!V%(5ORE,*/SD(J@1_WSROAJD6XJ@E7O1!NC"J0<%G: MB Q9-T@]ZKOV?<-Y=&M->W=+(/6KV<\9REH2_Z$AH-KA/#,<*"$H6WX!EIC)A&1*$O[".=-= M*2U4%J1V5 '7\\^J5&;CE9?(+]C[5]F??AV7NNB7=;'>:)SQ*S'S?.SC&47[ M2$=2*M9&7B7V:^ M9@G\LN1I3 4,TZ=^MDX9#0JC..H3PW#Z,0V3WFA8O+M/1T.>BRA,V'V*LCR. M:?I\P2*^/>OAWO<7#^'32L@7_=%P39_8C(G']7T*HW[E)0ACEF0A3U#*EF>] M<_SQBA!I4"#^#-DV.WA&,I4%YU_DX#HXZQDR(A8Q7T@7%+XV;,RB2'J".+Z6 M3GO5G-+P\/F[]\LB>4AF03,VYM%?82!69SVOAP*VI'DD'OCVBI4)V=*?SZ.L M^$3;$FOTD)]G@L>E,400A\GNFWXK%^+ )LM!J0T("\U,$L#4S6P6PRLTL!2 M#(C;8F"7!K9JT#:#4QHXJD';*KFE@:L8F&TA>:6!5^SN;CN*O9Q004?#E&]1 M*M'@33X4A"BL80O#1')W)E+X-00[,1K?W4ZFM[/I!,'3[.[F>G(^A\%L#E^? MI[?S&;J[A-'=^(^KNYO)]&'V%DVFE]?CZSEZ]WA[_CBY!O@).D6/LPEZ]^8$ MO4%A@N8KGF- M]>3(I'#LLSQ];K6?=MN?!T$HCR*-T#T-@U-8@C%=A_I,+KM]S?)%YJ?A6OK+ MT /S6;BABXAI/'TZ$I7OYW$>4<$"-&'+T ^%QLG5RYWX6@)FE8#YR@1> M$/3%SJ=S& PACFG:]:#'31Q6\]*X,@W''M1ATR;,PY;E>778I<:;/7#KH$\: M$#:,@64KWJYT0#S0+[A5+;A56)DM"WZ=^/+4 E%@E8NG$UEZBA.\XE' TNPM MFG[-0_&,_G[@482@V6UI&OS305>[FMSNW.T'EHDT].6AR.2$*$]"D:$-O(97 M4/E0$$K$(H?Q>Y2 ".%+).BW0UKK6&PWV&G9K=QTJFB=7Q.MCK*.YOQ@A1G3 M(Z!:%FZ5A=N91;&SIU*H!,B'&@0%B,HBJ0O2;$/5%Z;'>_QP+$Z6>C#7 1@/4.=-U0-Q4 - "#97I7JK@;JWR4Q47;@J54Y5&TR.@ M>AY[-8.[YO4B>,:EJ*MQFW YK_X M5\H8"V2,SIFNOVAP'@2H'KA+G;]F?]&A,+%L MC%7YJT$21SV__8,;27D'#DL(C3M#$5N"E?'!A8U+=]?*NX'@Z^*2,->AQ4U;UZ6#=--LOHU&=K]F&UI_%EE7PFY60&]K 5WDW MJK>2T:(=M"E'. B2T8;R:G!VTCZ[D64O&(W$M6[S8;*IW-6BH?303AX M?O"#WZT;]6!T=K*E=VS!FI_;&PG?1OM9"KYA5H8"NZ*YL?XN%/UB^H%9B+LF[_10^];3! M^:YNQ*8?# HVO.I^TL?>$0<#8![[ -P/P,<#(L< T@\@[4([9>VR+FA#STZD M>$!26<-LZD/KFW8TK(97:AL7C83?7\\7E!8)/B^MOLXO)+7Q9 MW,*/[Y?SVP6ZOD+3R>)/=/7M^J\%^O!S/OEY,0.;CVB(?BXNT(<_/J(_$*_0 M[5KL:EH5]JSCO5&"'"H*^BZI9U^BR*ECQUCGV M3OB=RL^(A)\0#G!@T3-]\_ P\\@A>R^3=C[BF._ZYO+'Y'8V_XHFT]O9K]GM M['+QQ3-OM)\W:N>-'//.(<]+45L]WHU,VI$JF>_/AFF0X?AD='_H"(L9&2=! MMC=[(2S>"XN]"YX4_X'8A71O:M0(R/=<5#DO&:IZQ>JI^IS3>HUV-2M4!$%Q MDE1E=^US3K+7D'B=<\&@L.6<=N6B*A#="-GP_[8/;![KIHL/7!%FXQ ?.F49(FJ5UJ&.A2''C%3M>TNF,J$5:42W1/RQU3 M#BZ8Y/=4X6@-#S1 'XR/)-JN,N#0?X"/T:EXT(O\]5" M(! VRK?._.JG M>K'#(4Z/A5JL<.JH1R'60K%7Z&RS!:>JBJ1<>B=$\<#+TBH3F]$*X1HI*T TH4(_HKZI8@_J"EYO10V*86$K M_@CATI8U>T1'AI;(R$&+49@XRD6HN17&7KD?OD+K^[%#%*AF?^]X\X0VK%D+ MA2A(P9YJO,K+7<&K.\1U9*EACB2-3;5!&AO!;YH-<8A=T:]1&/I9>"/%/>^B M1,BV!N:-REC)"NZ5;:%=EAJUQ;0B&7%HUD@,_4R\8"LF9=L90&5AJ*&/#I$F MXH9A.C8BW&+F"F_-PM /P^MFS22JGC%#==]C56HR#K:7&%%@02&)Q@ZMFH5A MYFW*.K[4!YT61&^7A6U_5'*ZY"5O.//V7U@##?N!-LESL5/) GT8 X0M2VMU MPB::PC#*CIQBL1IF<>+P"M8$PWZ"S2"IJT9(;@\N;.*(1*DASK2*PL0A33,+ M^YEU(QF4EN*Y9^EV2;01E^\@-:#BN(LH-OF41-%QJ%FLAC@;.PH.UB3#?I)- M7V\*L8TXX\10:#%+7,F -9>PGTL'B?NZ*TW4Q/CX7& Q&HY)Z.@)L"82]A-I MGT1;^J0RJ#O*Y+GYHXC MLBKLG7 M-Y*89+'JMIAY=&L$$>S=QZO9?#*?OF,?#Z[$_(2 EC1GK*C12HH-6@H),X [ MVK8;*H8H[Y5S^@YU17.5HU:.$!,0442"XU"WF(7C+'#49Z)!0OP@^0&,?GH^ M5[Y/N(T8@2G<8H;#P*ESWB<1V- F,+MMF1@AV M',R(I@GQT^1B5?Z&?#=!0F)LW#Y8S#+L:#B)Q@WQX^:RO7MHPX$]YMUU%."&H;P_ M.D!NJI5]ZM:G"NX]+=L(4@587;!)WITLX??6Y9G (>/P>'&6^\(D=BQ.(XF\ M:B-$K]X9O M5H]H@Y;LCE>5"D3%3R:Y*&R+BDP0XBA*COL>BQG)LMBQ69'F9>3GY?O6Q-2Y MR+L:$X\QG.*..V&+&0Y3XKCG2RL#K.0LW,>(=D&N$H=?20 MT<'++3]9I_IN$S;W9O9O?8NO'NVD>4.J7BO1 L +@V@)!1C6R[?4>L\;62X0 M@\0X>UC,LCAP'#XB#=_(#]^K/0]4X/9;5Z :JFT)#0-#C:15O87E@0M>;-O; M>]Y>0N)!H,4DC8W68G3P@GG#Y%W[WKU&;?AT+V7W3_?O]B?M&^VCY^?AEVGW MAEY/T_V'@>]40EVJ40S"9/<.OOO2B&W[&GLIFD9LVH]K1L$[R@!^ MOQ(0 /T7]0?V_Q/B[']02P,$% @ [ICB4, ,CPO9!0 NPP !@ !X M;"]W;W)K!*(XDP1OMU_<,):UW4R<(^N*5*,[PS)DSP_'IVOG[ M4#%'>JR-#6>C*L;F[70:LHIK%2:N88LOA?.UBGCUY30TGE6>C&HS7WH_#2MW?KS4]=&HRW?>@IM72N_N63CUF>C^6A8^*3+*LK"]/RT427?R_ZTX0_-Z[#S3!+)TKE[>?F8GXUF H@- M9U$\*/RL^(J-$4> \=#['&V/%,/=Y\'[AQ0[8EFJP%?._*GS6)V-WHPHYT*U M)GYRZY^XC^>5^,N<">DOK?N]LQ%E;8BN[HV!H-:V^U6//0_?8K#H#18)=W=0 M0OE.175^ZMV:O.R&-WE(H29K@--6DG(7/;YJV,7SFQ7[%4(]G49XD[5IUEM> M=I:++U@>T;6SL0KTWN:<[]M/@6(+93% N5Q\U>&U\A,ZFH]I,5O,ON+O:!O: M4?)W]*70?*FL_D=)]L=TY6QP1N>J$X/-Z=9S8!N[!5?0!VV5S;0R=(=%AO)B MH+\NEB%Z:.?OKR ZWB(Z3HB._P?9WV9)/QJW!,+WJC0,YB/[B,H3K/319A/2 M@12]8Z/6RC-ESC?.=Q%6*-F'5GF8<$[:TB\NT(4M42 !]"BC4>)6J\G^&0?1 ME1PK]A!FK$B#D] N@\ZU\EHL7WSW9K&8G>P:I:7Y"3E/L!QV7+FZ47;3?]P: MKOGSE3;L..C77.O[Q9==C ;A:%M2X]U*YX"'#-8,5"FW 0DT1D<^E)+-082U MT@=6.FXH.BI4B(9U5/3Q B9*NWE<-^L,^/NBTE93!I7(63L?)]X'&UZL=0B?TVS/$7%C;(JQ/C J)!!C2Y6D^ M._PY'2]<;EAY8FEO**F,ZR4(ZQK4_ <4QI.T]WP]Z=1FIA7C9_/BY&NZVV*E M +U DW&0TZ;IQ4"IK=BHWD% G*.AEJFX"HE7[JGJ@1'7$] M#Q[0"W;1(EEH6)DT"-57%L"9.WR MT*7T.0)WW*+:=2@VQ(_@I1,YO+JET:7J"PE.&K7)W1IR0^U3WB*>+$-YX51\ M44LI9%"3SK+\&%/VQ^25#JF2<0\ HE1"[EJX5T&._B^R76 BVAD%0X*E6V\/LM M53.A"V$"ZL+4M(>;UDHZR4.KY7J2I#+?;Y5!"HK-NRLY25KN(2.'2%"!UNCV M*2-;D"H0&D/7FC?6 6FHKR2I@.IN\?C7" M;9A&Y>XENB:-ITL7,>RF1QE5V,L&?"\/NWSM-ZZ;-UM?PS?+IMVX'O[9KAYWV]:[@E[:5(_/3T^?/=ZXLCYZ]9(^ M^]"^>MD,?576_D.;=<-FX]K=:U\UM]\>G1WI!Q_+U;K'#QZ_>KEU*W_M^Y^V M'UKXU^,P2E%N?-V539VU?OGMT>79-Z^?X//TP-]*?]N9OV>XDT73?,9_O"V^ M/3K%!?G*YSV.X."/&W_EJPH'@F7\7<8\"E/BB_;O.OKWM'?8R\)U_JJI?BZ+ M?OWMT1^/LL(OW5#U'YO;/WO9SU,<+V^JCOZ?W?*SS[X^RO*AZYN-O PKV)0U M_^F^"!W,"W\\/?#"N;QP3NOFB6B5W[G>O7K9-K=9BT_#:/@7VBJ]#8LK:SR4 MZ[Z%;TMXKW_UVG5EES7+[$/K.U_WCFE5%]DU'Q-^=UVNZG)9YJ[NL\L\;X:Z M+^M5]J&IRKSTW=;S [->9.^;NE]WV9NZ\$7Z_F/80=C& MN6[C]?F= [YW[3R[.)MEYZ?GIW>,=Q'(/+?3/?_^EFS3VN?+9L*Q!D_AO&@%!W M/2R@VF5NNZU*7V1E3>^":MFZEA^5N>L]F6M9GOBF?[0P>"5H-FPB%F]$V< MO*Q[WY:;W[*(;.UN?+;POI9-PG,-+Z!S&X_*!8G9C=9@MGO/^*"BZ=V==VWF M4;*R[WSN-PO?BFROP M7'7DI2M;7'RDX![)E#"_ZYS"1/VZ]3[;L)+@K8"(Y^L@X]F<^!"6 NKWM[P' M9(==]V%S);!@61? K&@>=#\ZKO^R!?.!JU4*#%7% RW++H?%([%Y+Q1(9X\V7?.WJ%0VX*3NRO8_P MX:/K-U='QSC>>[?+SIX*.?D[VDR8Y^B8"?*/L<*$M)0UZ8*V($+0/JQZ 0;. MRVT%.UGYVK>N0NV2YW[;1SK]5--"KG&>+GOT+__TQ_/STQ=_NKS\0'\]>W%, M1ZU+CRLK:T9 JC #%\_^M50 M\5C7)_]&U-IE14.,J:()RU=N',^];)H>'H4-M/[O0XFD6>PRW 0M'K5EY7L? M6&=:)<*D@(":UI-NZ_[1\^K6S5#!0E!X'-$;WOEEJ!E]!7+]'L6&>^;]]KAF M(/*8_5,&G(.6#[P -+P*,^!2/B6*_+=L48]&C=* 'Z8:D+4K?'R[;I#_FML: M1NN&15<6)6@;#X2_K"JFM9@U%6W>*$",NG/"3U$(?%4"_,.US;-W)9PZ+'\W MR_[4(.O#!G/?,G.\#S8+.?KL^8LN^P##LT3"?'D?EOSCW]Y^=P*$@T44?E/F M:HY650-+PI7<>%QJ 28!K$ .!XNT@<&&%D2LSRI="'Q7HO52-0EV K''##X? MR@Z55KFEU35X@F!74>5LO(X-9)D!Q4I0U#H)(XP36)$L6H<60@,9B?8C]3[+ MFJ%558"G!__,2:W'M=ZB.H:GM:5'T%Y2D&U=Y.5. )6WSI02I\W",7SU] M,C\'_%U5R$%S! ZN@,'@7[!P#^=4C-\XG3\/+\!X8%%@GV1+<#K=KML@%R&* M\E^$I8,-2">%,0XNF(TZ[LOUO0/'K4!-!#H F(QV U2%U0(G];?(3+A[RY,\ MJ&][AV)+7@>\.,]^5"J5R/PWL 48&8B[4;L9EP0V%W08?/$9K--RJ M\ SB[ M_DPH$91DV0_,U*J*P?S,LBM@U\*Q[1E:<#99"!I E2"]'3"+_X)($=^Z[$J7 M?7 Y8DM>7-_T<,B%7_3!/L+) PMU2LBOGC^_F)\%*KI^P@S#;%^!J,R?V,*&OO>+=D"X1"\4K;L%G7Y;1TR!3C)2XZLG9_,_AKF M5K 8/))K#S"T99,,Z__H;YKJAN2;C^][V'J%'*QVZ^ 3P9BQD03=U@(#;D'7 M\6DPB9"F01!@)6#Y"Y6KOPRUSRY.>?>'>/QBQ.0'&72>?1\4JO$IP S7A6N! M5UXW\$?8U_>7UZ_#%B:?OVH*\C!(H^MKE]=7X:U/ .IS6/S3DR>P_ \CS!I7 MM7. 0P25\2>A%@ZN6A'HX3; >B!#"S;@&8 EAW0W@0 MM=:B*E>.1V4W DR+!R/CLV)@O(0'7HN'X)8]KS,KPA0$<2=-,&P$X.#@"]8U MO8*'K'6DX$&;P.'@NH'I!Y!'MV@&'G!$-;=@)H:E QG@7&%MJ+FR%5$_9^HS MA%2KBD!925P<("0\LAQ:(G[A.S!("\1%&'::B>7&X4&(^P84,:RS:D"_"+I MRB/^)\9=PCL=JP]02.R,@HY=-3>P,#IN]J'8+IZ @6I0WXB]5$UO=9V[*2-\ MF[!^D?JZ8]!\-V7NNT!N_2;0$23Q%W%.AAX41G93-I4"AB1\Q83TI:AT2O8Z.*YN MN8N,0%8TT2$PX=;MR(9M'9PB:I& >^$;TD 1U=VC?T04:K#GV=FY.ND$,11Q M!''Y'? Q0N6U!W%#[4G D9VC2;R+1]$VPVH]);I[\KX8NA*%),A[MQYZ) YP M9*LD8'5!<3%0EIT$$O"# .MT]GGVLX\:$!%/[:K=K^Q>;!L$/>1XTBZ,2$>% M5T=5B/#;3M+4K$WW]ISH5:-+4L#!3W3<[, M++A"=Z""J;54L/83$*?- RT%@M/";U&X:@IXX)S)J^ .[Z('&I6B"/>>!F1P MU")M!X\PH!AR?*\3*2S &0/6$!&"TVE U*-R L6\+'L2CF@^ %)[M51&BQ"E;4]@TE1S_ZD5[0XS,\R@9P?P @P="B.B/]'JTD(L ' M6,H8+"/=_W?0A(@T)L-Q$4O3P;*X*%7"7$:L@@>KG#W/?H!5TFJ&CC6V60KB M]:\N#$I]>*20';00:: 9MJXL8H (M 6NY*NS)_-GQCG\N6G)Z8'5$:E1Q0"9X;31Z0F?527S,2BX8[$*QK\!M0;>S3.SN1F[ M,D].YZ?1E9EPDV>75C79SI6.;-N#^LK$J8*UAV1.#K.@% III^3 M!* T9R3-K"DF-[?O;R5,^8?X$D+.'&V10N,NP&*K2HF#Q^RK&S#2D:WHVRN@8- M=/W!QG63QEX-%LVH$6W8@55*5O1O2?197Y8FQ JTK3PYJ5%UJAC!4&533 K0 M//MS8>0=6#%/.4G2,5KL/48]5"T^@.,&_2#,W MI)X'C"J)%^_$ M=W2<%=M[)G"'426.L&EXR55Q"^0BX/\ ^\RR&@!EQY"8ADYA M05JCJ8,PB0?!:,WA!P9UYR*&;\.X$ M[8NA50[BV K%499B>DQVYKN@KSK,8:&][L(Z\A8TQ(DD\G&O-V5'IB-Q C!, MTHAON>A5$&\UY VH<;4B#V#84JU!#DY_S&*2ZN,XS\'MS#*_7'HJ4A =S%1* M;%*2!$I%0C4QLL^^"CZ94L$2T^HQY+IA[5J1,J0@,!P/"XZ[I" /K5N5GX.YU TH+EWE@ LOU:88MS&,29Q\ ,J\1,D;> M9-]!V?.:J4%,_@-M',EQ9%3"U"'VL:=)$;NAUA%$0J:5W4#6-*S'&E99*'HL)G?35"F/YS]. M:87C/I\_?_K/$UR+*.7\].)I8@SW'@O!E5&>,YZ/(B8-_>#'K'_N(CY0=X]& M+[*U0H]%(R;I 01(-S_>IMB#PP8CV%>W;P$P8MYR'CD"1CCJ$&Y+/K_'5!PG M^9JMVXFVHQ7IVY,S4G2_ $8<.ERK6P#Q9_O0*+4L27#K-R,D"MLLV)+.T.U% MP25+ZG2 3H <0C>,&RB*PU@:,/&#D()*V;WB1?$E46WDK]R)GLA WH%F.!;4 M)9XV9FH1:;,(FDC$QGWVDD?3A#(]HD!]/Z^X<1AJX1$C$#%#PN%KI0!^$^H! M@LT-[H>P25A7PG!T2,-^%$M\EDZ0:DQA3?@)_=VD@LVEF?(2.551Q.$@S5XL MEK<6^ MC;\1>!OVW)(*!/\FW*\FY)I0]PR=Z/ S>+T9:"CRY#3C68,:ZE/\) MY2X("*C41P&5S.J2$V\FDV*I'DHXW4THI7O4V_1B10D$;RIH809B M98O0L=PDA\ ')0C^L'9/G( ]X='5C@4H\"FF0#D[M:&2&X.8*(%'>J!I6ZZJ M-&@M;O=P/I@1@6K\BJM07('J- 8):(P0T[T7/&,@< O>!N[\!/Z2>XGH=E1H MCJ0!*-2AD1J\(S]Q9V[P/1!G%2,U=#Y8](0K MCU5!:?PQ5.]XT-DM9F) M04,.4X7HLV@'7":\8BEO-DEE&QR:)/T.[(!*CXW #17.<;![DL[D/=A8V\*/ M:$]D_H:!X+,7P+9<((?<3KH[ZG8B0U#*D=(@?KZ%=8@2!!CV:TR?[EFT%V&J M*UU6V"T91MD3LBT<<,Y"YWH$ZQSCSSKT@3=FI._L"KBB$@ZI[$/XU3S[T5=- M]'QAEJJX18F(6L!H*#I9RB=HBH9(;4:!5Z( UU&$_ASB=42H#C>:XKO.N3!W[V["JG; MG]]?1W\")*#P<=NP1%S_'D\@6N(E4\U#V0%R"RAP2HJ??/W/D=E :D=V: M>LNH4(PBX(R)^#2<52]_E?"SNP%+D-1R3(WZL-QJTX+XH$H#@P"J'S>FV-** M%_JV44N82.-AA:% M:$H]B"#(A MCVZ&+7U0T@_)],;LA>9\@5W:!B-EY'NLO%;$>4WR!>&!K6 T8%@ "F>2<00L MV@PJI?[4$GS<9>\:1XI2N$H2A, !S,N#LD:PYXI>,%4BNJKEJN7R>=#,6*SA70![\RB*8W13-(C80K2FX%$OQ )8(H' $KL1'CFJ#*V,G MZ2'1U=2%4BL0Y2H:WLZ3Q]ROIYTJ=H .\=F4;Z1L431PLM/8TCK"#RQ9NU^M M!;]_5%9"Z^*J@(F2 )>O,<&!>H,%0[)CL_&#D0LY?(WY=R\%O*-'Q0F-33,2 MSV#O,W@DX3"D7J)#/W3=5.P:QJ6-?:E@B#IW0Y)*!T1C:YW%N.8!C3+/%1CE M1#9$?&<*S:E!*O8C#;7X,SWU=/&:(J]&*'BO!S$5@O_/=PCV:AM#'8R6HW"- M(\DW\/1?V24 :=EOD_DKK9MK+'V-NLQC\1[6W7_ZW9T#X]X.;!0PG59$&HSU M2% WU@J!,UIR$D(I,>HWN(0^+G#5C\T%V6=AO_PQ%94)H1E3[CH&S#0#3R);9:]7X%%-!:C MLWYEXLI*;1'#DH O+> Q U(J/!B\O0E:XZSL1]>=F9,#+KRHW4XMNXY6RZNH Y(LX4XYGDA9&EUHI= M]8DP95'!0W;XI!C#'+5%H#,P::#QPVJYF@8_]9^37+J\"Q-1IY*$2W$E:+M1 M7+!GH1VV?<[VAH) /:?)YUE()I-SHT4I0090$P!KE*D)=2FP+KO/F19T"T'2 M5DO.0-'2X]P"S:[6;HO1C+,SU01I2]OKN/JKIIA,XTW'Z4W:U92?\4)OD52Y MIS1I'=IEN60&0><@2E#VSJPF"5AN^!#4FV@P+7MJ6DK= M8C2G,IEF; _!#C\Z'..;:1!4(L)[T<7?GL:HNH;#@84M-#$Y*P8 I%3^P9VH M7+=BG*91*:HFK7IL0;EUG*79#H"I$M$2#*"XF:MAGH"#Y+J-V8!NK-3-?Z6@_LR.((5K'W'C$#TX',?ZUO QP42 M&?A@E%&ULWVFU)=?3-1 1"J52%0BU*]3;Q%=)QUD274Z\)U!2?L5$6;?NA$ID2/D#[ZVIYR*K EY2GB]&[8D M[=KX,;'R/>+K%Q@9S;H=: #L$L[E*@'5LT!B'!GEKP\E.[*J ,K)NG"L1E<@ MW4OX!;*=EE60&/[2M,)-KFVQ83S4*I/]P^(\BAY2(5Z_MJE#95V,J2*#WYN) M"$:5N0T0&C6@V5@J[8B8-7"Y&U5C,J7PS[:CK+@2GBF!0+2B."X,C$"45%@J M$4*Z*(L'^9QAIAQ5/"?%:TI[G]):SQ/VB)^'P@+3O(3@I\6B8DK+2&UE M[ 4R"YMI5^:H=0"G7Z!'^DP:#RE4$&]V>], M1ONQV:95X_LEWJ.2GNY0^>RR8L:C7 @5W)OGY%X#\1)A+LS#16\GKI>3:8X- MBV4XH]*Q%4UHY+\XQ.@S,P(,&CA(CUX\U%@1I=D< 5OZNHE'UP/98ZJFZSHU M71MP,A:[7GO&U.)NI::EB"(75LO-%%K[H$5+LK M%X<1:*-4DDRF1+_A#N&% MC0\DSS=R?DEX<(L '.C=4IC0.RQKXX1"9.ZHV$+4L?.&,I&MNYAV(1G"U'W+ MI*;-8J* T!"RS: MSQU>ZQ#)9_R*./?!68!51@4@<'0^>6 H8&E1YPF MY\XU)QRDD2N4PJ4XIGTBJ =3$SIY=TJXTVET8IYJ0O9.!'NH.0%L-%O9&ID, MR\8(SM!IR:W"D!,R#AO?KYN 84P7N["5PYL2"$WR$_BA!3DDL)JF6?C:+TM9 M72 &9\+Q4)#OD\TD26^ %0WW)*8RFN)\70'6+B L5(L=H7M6-DXK:/!_81\W+-A\V[%MU"B:D=U\[D8B6@(=W',RL MQ$"(KXQX$-4Z%U?7=KO8I!0LN8'XX3H5;A8$J8SLF=(F:/\PO[R#)^WQ,@[T M8,,9SFA1P'O\=;KRV)H8SHN J^M'DT:0>%?595I,9\"STZ(K*JZYX98.>0YW4:!Z:C5J"B>)( B3/O2 M4I+4(8Q.Z==--N<%YZ'E2%,\A,@PP'_MBL;^ZOS<7&]BS49OJBC^!3#JB^R= M=!U$[#8^3RIW-?.,KCOATTG+JI3*L=.97$0N7RIBPY[RS T%G=%\#ZJ?J^&URS1D)%SF$KUOW:XDEJ[;L(%AI M2?%AC#ZPE/]2:HX6_(4%AHA!VU$B-["4S@W:EFZ#D7PN:P4NB+/YFC5UQ.QE MQ3#:14AH#5:+VHPP],C&/?(GW8"FR3@2Z6!D33.7T)K2"F4OR)B*,&=JUHFS MZ#([.BC9;LEA+CJPU+YSFHE\8>.DI8?TR-[ $0*N= /'L=XZ**VKE'*&1TC1 M(.P-W1/DST\)T3[O +LVD903KW!%]$CBJ-"_&ULT)313;>]5R7=V88S,#F85*K$-76B6D3QI6D:3?TD66 4*VDBU>.6 MJH'@A-*!!I:E N3](>C4T OJ]$N*R"+"YH[L$)R0C-%OM#:5XQ\2<+=V6 ,S0>BMESXX;;'H MFU$D)U%3,*\0>]4VM_W:N.QR[)5N'_4+@=!]&WN "0(?A5%3>IJPFS M.\+$)UP-H398 H^/"&9H?1K\XP)[D3420E_:;N"A6/F>584$_#F^C,ODV_:" MY='3/61$FL_J\MBXJHE8"/;AG);4Y/ %3:[E'E:8C7SZ3NY2VHLIXM7C.%&\ MLA4/#,.!Z1&QO<6TGF%E=B#=^%$Y["*1@Y.L $)T_%"Y9IDT8K3!$[X,+7>J9TT_"?\')^FD@#K*J@W-6;D'TFA M(.J5].GTZ9*R('\II/FUO]!,E3980I!KXMPYW54E!J[H" M39=.PQT16'+CN=5)G5ZM"+ *2:K::PX>2'--/FV&5 IRXWGHU6 J#DGT//^BN-TW7Y1M@E/4C6WWE&4%G7' M]()\C$/RQ:TF(Z(8=#2?WD.MV:VG9X>F0OYL'&Q"^CXT0"-H.W-[S0'-03REI MA'VR OA7F'>67<-J0T)4LO1=*%?%E[ $!XR?%'/%RSO-?9HZM( TOFL02W:T M!.!1M#L<0-"EW6^%CM/(.]<U?%DYHXF&'MJTE3 M!L2JRVX]:H2IO_O,'CW4/M_VNS=QPR_Q_C)SW9,VJ7]8DNK MBN-J3"JQ&.58-%!2:(1O3PNA$.L59K]/JZMS?)]F'\FS5;^7J5$MO#I;TW?0 M<%-/ -\K^A&N<-8"M7; A\&8+8$4SA=!A. /I>[&H R4\ MG#%\K"1#"_I?%U_-+*]+B(GNE M(L$DI(P84X2[P+);V( U>.=S]CZ@#QNRPC^?P3Y M?U<$^:#0_;\72SY$"FQ+B<4027X6IN4L_,2O)^&]?A?G%S.K!D]2!8G+^0M: M^>QO\"UAFGO[WK5KB2^RC!'"D,630HBDH>WN4]ZE.=-#9CO8=K4@&OR(%OL7 MVLR-;H8+('C0I*YH/_NXCPF"%ZT"8VN6A0_IUV9Z;G@#K,X(BH6K VP4MAR'4DU12001MIP[A-50 MHD=57L+!/MXTTZ#^\*146*C1'^!DPAV"DA:PWY7+9T[>ZWI.[CT-Q2,+OVOJ M8NQ%/?!4G;D\I:QMHF'Z;.,$YA#WJL&7V&UN*_;Y-G4P\8#7EGS!C808$T=9 M.6"OZJ+;:YC(W*T+A;=P;HF@4S,22:%G.1A)/RP[&2\E/:^[.3%Z?%_35HQX- . MU 1?,0=.:2U=R6QPRL;>X3AJH["WBHQBD[$F(LU2_J$+"4Q"&IRK/)"<_)_+ M2_[?G8@\C((>F)*TK4*W],/-,'\'[($1/5M%+"G)B"_)Z4G]N=B%&80E]KTK MZC^,Z1^ 7-C? M#.!83>A=,(XW51Q^/?\Z/$K#F0N(L1DL_!+).?VVVO,SC,IU]AYNV'Q'FR(- M(*_OX@]1QDT2J+9W6]_Y>R*7X]\12.+91(ZNCV Q;(M^)B+9E]ZT(Z!>[QJ4 M8)8 #3/"5"4G)D+)I_SDOL!+H9]/8@"]^W*@\T Z[U(E'NQ'#+]W2"';-\T!]#6]M>Q9ZV2I7QX?>ZQ/E))7,V@A)'5]T ?B.;;(4 M0?-OEI)(4Q/YAF_@(101MB>P8.7<.O4O'6[1Z,O]M#KZ">VG42I %RTZ8;*T;(H M=H2)/YGD-XG2IRB"5,=L5F@6WF6/?OKTNCNFK)4&OAEHA-ZD)1^^UA MG=9_ M)>PTRS1OD_P"?;Q=@!H>Y#Y-7$'E;NEFSEN\0&$(/YXG/^^S!>UF^M8G#Y'? M3AJQ=]4]H7]$4T8Z$?[HU<% MMX?BYS\ I7YHF[K!Y?&+/\9?S3LSOSKJ< "8XO+Z)[R5XMG)V<7,_'SG M6_KU;0YA#LNXH51K,XB2MW0CZ%Z M7$MOG(L0>0]M1.8P./3W+%Z="!CTY>/^U'SV&-^/CKUYNP7 ".%IA$W_E ME_#JZ?SYTR.^#T/_T3=;'!+YO&\V]-&PO=V]R:W-H965TK"M3R 9?S>;"UD;)C#<5^<5T/%Y>%%*79Z]?\F\? MS>N75=ODNE0?C;!M44BS?Z/R:O?J;'(6?OBD-]N&?KAX_;*6&_59-7^O/QI\ MNXA4,EVHTNJJ%$:M7YW=3)Z_F=-Z7O /K7:V]UF0)*NJ^DI?WF6OSL;$D,I5 MVA %B3]WZE;E.1$"&[]XFF?Q2-K8_QRH_\"R0Y:5M.JVRG_66;-]=79U)C*U MEFW>?*IV?U->G@712ZO<\O]BY];.+\]$VMJF*OQF<%#HTOV5]UX/O0U7XP-?/W25#MA:#6HT0<6E7>#.5V243XW!D\U]C6O/ZD[5;9* M?%)IM2DU:>KE10/"]/@B]43>."+3!XC,Q(>J;+96O"TSE0WW7X"AR-4T2_5E1K_E9+TVAEA31*Z$R5C5YKE27X M?8^0;$2C3''\E'9&XEMI\:4 !ZF6.<(>^I5EJL!*YE?F%)QRI7/=[.EDOZ;! M^ASRY7E@!T0M#C*2E:"M@"0KNQK:EZVAV)[Q7M MP3KC.6%FH=<#<2"*+)S!P*C29 EVR$#*"@TC97>.MW5?@+_^Y6HZN7PQ9#_P M@]\T."2U8M=:0 AM,OB?=!@[8?XRB!^0]NZU.MZP#(-R_ M*^.=0AK89:/([2R=1E%*OBHH7@01WXZ$C^U"!!KE;6. MBE$;:3):2SL;7=!'TKCW /K,5(#'I-:@!M.+1-)L!;K-KA+(D>2:+-K&'2%9 MXY3I6)X@JHW)8 9]5NBUU2I'GU9V (2@89LWT1C=XDJD<;FCV M'36XGX(EZ8A$J#*M,G_8'<*OXD.*UH(YV#QK4P*/#,K)JYIA 0LW1M9;/E># M,;.6;&CL(_#1G,SI-/!H$!?8O^O".RH=HF_EG>I"$@(1C#T7Y_IIA!DZD5!F MI0!P7A9R)#KM7/N%T=F,^J751(@]\1"K#W%5X"J +N!^"A:V%D/K$"\+NC)4YI]32H#2J10S*9R3@,%5J*U*(Z>4>7! M(+2&=2G&_2_X1 $!2X %A#1*E<&.X?/DX4CG$*6-HDK3UGA2=-HSHN&H/4ZI MK;U2Y)W4.2&TR @4O'*\!I*>P!X>5FJCR]([FY+PTW2?YEA)P.LC_MDPXCTQ MCS2C&%Q0=TE%WQT!2(@J>!D[8$8!U: *U$W0T3ORTU(U/5SBF#^,(_H5RZC, M/ +3A'2X ]F@RWJ[M[R+O,X%!XRI2E9)VN-PQ"Y-RKZYTRZ_^81\4L%.>M3% M@M.K"Q?"XEZD>."(GG@N] B9DLVB#2GQ:4!;9VPFI,NV:BU9Q/:\TZ0=AN=006>C!0YD!&0N-5XS, M\+T%C0K(EA*< 4UE!&W:Y@';81&C8J3,ED2I!.]R!08C"=D'5:EVFH:R%"]&;UJ&Q6R1(SFG M2S4U#DUU#4" ;]@6+K:ATU*X%"5"5DM/2[%LZHI]EL8A0Y4SHE)-OPFYWVD1 MDL'8I%^36>?97G#KBCC".:[>G !KU.#5CBLA1B:C:M(*5S"D![G94+$40N64 MLDV_N>HTSZ;L<"1$7K,U2">%ZQ;N5M/FT_/UEDO8\%E/O]<[#4$[&\2F97"WRX&B?CR5A\J:A$.D7$ MK_3K!NDF8G@D/!LGE^,E\3B=3[KG79POD_EX)B;S9+P<=QCC3F24Z4@MD\5B M+F;7R71Z>7)I1W6:3":7^']\-?&2#/B\7"275V-QM4R6XVN_(!CR"9B9)Y,E MZ6*RQ HH-3;--W#SQF7(]]JU;M161;D&P7(H M';;0^:= D['&%X(H1N"3I6^(0^>:04*N4@+A4:?@?C]RG&$Z4*=P&U1MM=2N MUPI'4D=NA_4G[8B\C1[06 \S0;A*N01Q90HS3?UD)O.J),(H8J GJ [*/.?J M9_SB\^>/_&GRXJF+<*?9/>I[Q!*H6">:LA!%>H3#)LX6A.GW:#\:'A+8YEF= M ZFP?:/]^ "%V4C\3#DH[%/WJ5*9'90LGG5(-RQE<*Y+37UDTX0#C6YRR@:A M%-GX^MK[2VC5JG)3^1;O&))C"Q0H!QCLS48(J)L^5IZ&P=BY>1MJ9"O*/H38 M6TH5$8M7,F=G)N,/3X$GMB8P_DLK#=4T)Q'O$.@.@^V-/T/R>.9[E!#%"K3< M?@0G!6PRGTVPD<8.@^;_H'7U*9>,9ID:(IB\R(I),ELL/ 6DJKS-W-)A<1[$ M[9$[GR63JTOQ](#- QG!XS197 -)6O!&>CQ0UA."K,6U^+$JGZ4/K)F,D_E\ M_(T']?-S(?<,010I(437W4CG@>*-&J">6=GFOK1RC6=;AL%2]A"RC3IK'L_. MX.6H0PE 9F,*COD"W=+>BEZ(=<,)QS]]R?1ZS3F5,NYPT8E)13*(B5AC0)JF M7RGA>&]VQ,M:EQ#$15H!W"&V=X&EP_D*12WIJ:BX+J2J1.P5C7#_!Z&5=TDG MZ?R4$!Z[/ ;^A-U&E#U'ZNWRZ$B'T/BF+66;:0=XU-5;]\E6N,:> M]&/Z\5+FP<#NI\YOB.XIEPB?CD.9R\2=/([8(WWMHR"G&N[>P.Y\F5Q.9PCG M=V5JN/C.''*GTF[CY#(A",&)/"KMIIHG1H<]A?D39LDU*J%'@O@Z64XG1Q/* M1 2+THK%;'%B1=_N5\MO.^?FU,-AX&QE)IY<+Y:CF2@(,UU!W$T='XC_I$,, MF=N*+K(H=&F&3/]3W;62Z=>\V@P["I>'>6'4JTO!]YRW@1G3\7>,"ZSZ1]CH M6P0NX@KM ;7)]7?^">2?++^CB3B^3)/>9#$<$ER)XDS)=4,-XY/IZ#)JAK8\ MF8T6?57UL-;QL9,#G_E=D16:!.K :6!*=WOYWO%Z*AZRPU&W%\$^& X=W3A@ MN@D7+I\X"@C.$FZHAH9#CX"B \$#7&%8;?H#%0?:E%ZHP,3?T4&FTB6UMI:[ M.X+.B(%9U:Z:=9L/+WY"(8=6N>(6%(RW.5?0?-3@=-^T02L!%&5U?)U$HD==F6BSR/!(O*-)=)2R MEQMC_^TS(22B_*!#(TRF\B=TIJ62@&GHRI!%*/85YZ( H4&L...' 7T1(! ) M957@-VUMRQ/%DMS88;!WX\XAJ*)9T9\,#G1#(Z[GB?7UPOQ'D[R7-P\$@_G5\G\FG(7);'+)3Z?JS0%EVA<',1_)XX^J0(OESK%[FP_GK-.!LKQ&U.!9^L MZ7:%02UF?%=8/S*WHJL>QBYJB.YX8KTQ$HY?T/L9SEHK0==$%W1O^J@9[XH"_ZT5#W.1Z?8"7/*DEIJ$L>L6#1^[8 ME^DP7,M)V"FIC>Q2Y=!H:7*.'>MM=&42JZI(.O(G@R MAQ94W@\KBL3_?BK7^IR]4-;^\IY?'7=R@=M$G;PKUJ$BXKZ-ZC9O0K*6C+ MC =GT@V0"#WX&HS?UP"^]NY#3KP0<-@5H$#-'4K1'F3KYJ'C"*1\&+NB*@[] M).O0M\Z]UTR&5S)?#LZEW$^XYW027W1CS'.-?!P0%"@B6H?A(?>P:-)M<2-$ MJA\:>>]1B6]?T -(L2% +CT4R!;QP:]F<(E$'K$"$@A=U!5?4;OB'\H*[N!A M*N*#K\"?N3<(V'%[K+C-N5VB]PXA=+OA-R5I/H3JR;U.&'^-+V/>N'<0N^7N3!(?GC5L&9#2W \W6%"LQ_H0/B*ZJO M_P-02P,$% @ [ICB4/3&UL[5II;]M*LOTK#4_>P 9H6:)69P-L)YGQ()D$\;UW\#"8 M#VVR)1&A2%TV:47SZ]^IZFXN6AP[F(L'#/I#'$ED5U?7KW)BV]ZJ50I MOJ_23+\Y69;E^N7%A8Z6:B5U+U^K#$_F>;&2);X6BPN]+I2,>=$JO0C[_+MZ_7 M28*-7]S3VA]_F%WQ*UT:W/@DYRG^?? MZ,MM_.:D3PRI5$4E49#X[T'=J#0E0F#C=TOSI-Z2%K8_.^H?^.PXR[W4ZB9/ M_Y'$Y?+-R>Q$Q&HNJ[3\FF_^JNQYQD0ORE/-?\7&O#O RU&ERWQE%X.#59*9 M_^5W*X?6@EG_R(+0+@B9;[,1<_E.EO+MZR+?B(+>!C7ZP$?EU6 NR4@I=V6! MIPG6E6\_*AQ)O[XH08M^N8CLNFNS+CRR;B@^Y5FYU.)]%JNXN_X"/-2,A(Z1 MZ_!1@I]DT1/#02#"?MA_A-ZP/MB0Z0T?/9CXY]6]+@OH_E^/T!S5-$=,<_1L M83UEG?A<%2+%QR1;"'A5(2>,N+19XG<3CU2HIZ1S%9%!R(G)+I?T$ZTDIO)-!@[5[U6R9HH%_AB6(8^,?/8! M=*P+J$*?]<0O(#//4^ (23!6.BJ2>V7(9[*L("3(D(@[.3II[QV&EB2K-0G4 M"DF7. YS0C0:[1"_]':Y+"#DE3%Z148O8++1LK99\5)\51#K>Z8D/AL2V-QJ M_Q2"D/A"RCKCL]SDX"#;BB6>Y/7KJ7F=Y<0:$G.(%').^*A%7BV60%=FZM^'4-;299I-:L5YR.-)FQ4P3\HN-#/8UY20"1)'O.>B ,X@U#?HR4IDE]@OXFMHGI.S#AI6L6PR1SF*,W. MY_G\G'8SQ(TQ&R;31-Z3;+?&N@Z\72@$.\V&TY+5G_\T"P?35[HY&:W@4\$T MBG3+5L<$P+:Q?^P7\.8)>$AU[EC5 CNL91);GM9RRX9J6-KAJ0D< MR%?E?:IJL]%E;\\].(H[>%C= U_MZ\1 EF?G;O$*UFY0$S8LU^LTB8AXEV*A M (FQMB0LR\R?H&#!1D 8;IG,'U31Z!!P6:Q(JPN5P?A28T\Q8G-"BRG)<"2Q M:TY2[>[S=$0ARF%_<"D0 R"$%X/>"#D ,)=%&=,/D_J' ,?2:P9.E6X[!ZZM MU6++4C[L&PD=2S/XX>!;)0L2]J#?Z_,7;1W,ON:\#*BM-A1+"GZ09"9XY&L# MGN52EAV(@321.FK$GWO$J0AF(\D_<@A'%5%"(D.RY?C<).S#+' P-@B=M/@5 MK;OP17:RDK&R5D:61Z=;Y["!K:CS0&R6Y:6U@4<0 N$J2CB,[KH@X6G)<3LF MA<:,1-@EYK?O9)S"B/;AEL;VV"O_U#&+F-E+(F\W9F/ MH6(/;-$$G#?9 VF@3,K*A,'=:.J.]FSSGSGK)Z#"LQW__(^C"G9Q899PD/[7 M$I8NSL]A?Q'50A178)Y.L_]IB.GWQEV(Z1\%F+LZ_[NN3>I#8N*"P8KC5DVR MMWE#8UKL[DU6Z8ROL7-HQ'[Y80+:54V3V91L")U\D$BIU;V*8^?KFE+N; ]< M?IC)")TL,N0QD81)DGG;A(NC[$Z.\VB,T\@'. W]G$LT/5:TM^#E4/FN8]W M)G/LHEQB4]!]V'$2[@IQ!;!S"<6.]XDHQ38L%I.I_:0SAO]_SGACG?'..*/X MV/'%NS_,%X=/]<7_LJ!Y#%#>584SLM\KZ 9*,Y+\6P55#OL!RZ][PE4>6[>C M^@$YVDY!R HZ8-X)@B20"1/1&[2"\?/]R&YHA/]6[I3'4,0*@M@EB7G^,J\G>WPU\:7YT>[ M[C;6PP+*8 YEOTVOH.0"PRI3VQ+6(:A3U(ZLB:.?\-U3KO?R2N,7??82C-#2 M=K-L=RDON_JAC/F8],CP1Q5]QL4&;>T*\I;#004Q>=P+,<(F+P07 >$KPE0<,)"D8]5U#*+9) '=12/QAP$K>+)/(.'=>E;K$;HWS M-")U*$7H3#K1FIV:H7$EV6G3ISG6 W67C1T"BKA;4%?PI+1#+D9\4L\J*5@B ME*(H"EOXPU:,8,W-$:K.1)044;6BDT3\0TR@H9J,VO@VV#?;KN263W%OGH"L MJ9J_NB\6Q.>.F81"OM150>"]9=W)&IOK,P$YJI:'V;5 3OH&&TQ6C/[SBIMW M4&33GXBD7HHY_!0?LZ^+!6@ UEQJ1,?QK:L(T M/=+6XS37?+"&,>KWQ^P>>,>("GN^KZWRKRKEX]^X+F7+VO-BIY SC5N-E-7& MXH[U-Z9^:@HK@WVERC()EA$OU,K@'VP7AZ1C ) 6(B>R^JR-IB21)J*Y/-J6 M>[#,A/MI1.LC_;DYV'#EBLRF!"9'=L&S8=5&%WB[EI$I^0_T,ID2F15BY+\= MQ-0]*2[F=KN?H'(D A1D[A5W Q_))XYUC=[Q^[DOSB$">F1 MW8E[&D<$ME=^-.?GL@8Q\!QU]K&PWY%FDCW 7@TIR*35/=ZETZIJBD1_LYV>A)IF)N4$7$41/IROTXK2 MVV*19/:XV(.ZC\BUEGG<=/=_U$S<3RZ<5UE[A.D=JT,IOK/2"B M7=L7/TZ @S-D$N$DZ(>44@Q'P: _%>]ED1V7D8.+DB^G%(*=@=#P3 R0F R' M0YNS'*S8$-XL5624,O".[%@RWJ7\\C&:0J'6>9Z"8 MO45PMP<=]Q([MFO"( 4U9YA6N1S6T_1 G&BA4T_<)9SPX-\CZD0G]&Y(%$1$&R<8].2J[L;,1N%%)93TGO5YDKV'IL7$;OCVF@ M-MB6H^^:*6FYOE)SF'J$21<$C(GMN4!/7.D='N@T=,4B.)\%S+>LHK&[QL+O M"44IV%&ND;)PW>W2 6_E_(FQ(;=-M7VWY&B[*"BMXB@;=)&/(;X@:,U-OMVM M K$I+,SJ@6H?FNWH7G3Q/G$[N-35#90#<;:/K.L8PVF?2]AAX]7:&5LJ;BCO M_ "K!"DS\P+["Q"T*&-0\?D5^ MNE;N--*>]J##04Z+;@(R" W2&O9,-NRK'-X'+:6Y4]4R'<_ M)LIJXTM4OCNV=8?UT!KT;,FR ZE[E1Y5EZH##,G./?]<:7SZ7<7!G4?;X]NOW>=/QQ3( M;7\DL\O>95_\S]&U3Q//K#>[? J1IXADV@M'C]#JGG[6&Q+W5UE&^/W!U/:? M(+55M;)@^<45?X>@J%!S:CMSY#*C@N12EIQM%:PLN9U:THWV'+SWKEN5AQHT MNZ!TU32MFL]PG/]EK;XW\>J=BBBW*)A,>_BGN1J[<3(]\%-]-6Q2U,?:"D9L M-YU"L'7=X[KDS2_-)[ZS./^%PK(Y:6/#&84-4Q]0ZCT,9H,Q ]\,>?L+I%G] MX8C_'XTH([\,!H,!O3<+B=1 C(/!&$EV,!W/:M08!-/+(9+O8-H?B3%R<&JR MB5$P'@WVWAQ-9B ZG4S%" X34MX_#":#R"R_%8-8GRX*/S:F?"&9FH#\.)L/V[OT^WIP&HRG8SA,!C-VL*9@#;_'P:7@QD_F%Z.V%Q> IZIH]EJ69]>!N$P%&?B=!ST9R/Z M$/+?01!.)OP!;/;Y4S@=XK\O-J+_YB*ZX>UC-U2%P7#(7,V"47]LV!M0UW<< MC,?$U6@:# >A^#O2J-NZ8T!AH64>]M*0%H\AW=M,F-Q,*Y>%W7S^[?;=.8P# MWA6K51+9A,ZTTA944V0V3=1ED=B64*86TI3.=N:.&QU5T2EI='6OD)FKM@G?&%(I [X#RXH/8Q M%BQ5NJ:1.VWO81S;KND(\S#L,WXX4?3$YTQ[?NX8BY;@H+,TX1GU[A=.9*5&N.'>UJN9SM7>JNPH*J.ESG:9K(EBX MDM_XTK"^(J3TE9I>]JJ=FDW<\)1[C#5\ >.DZUIHH"_!WN[8F*QG"SL=-J=, M[GZ[H42W09PKET_K*BU-.XDL#.(O69$T\V:N49HK/=TDS,R1;:.TLZ/6"TIQ M*XMGX5C"+ F:!J? ZCL&."?Y6K]JA7-N+DD MM8WS0,6=T-N)HMPR:M;^Q1:/YMX%<#8.+B>$PV/@V>227*M:509^8IJ,I-MG M+C*&(9"/H778#R:7A+D$?MO\A+B? M$/<3XGY"W$^(^PEQ/R'N)\3]A+B?$/<3XGY"W$^(^PEQ/R'N)\3]A+B?$/<3 MXGY"W$^(^PEQ/R'N)\3]A+B?$/<3XGY"W$^(^PEQ/R'N)\3]A+B?$/<3XGY" MW$^(^PEQ/R'N)\3]A+B?$/<3XGY"W$^(_X$3XA=\(_U.EO+M:TANH6ZX?\\Z M?',R.&G]2HG+FY.KP(UOZQ'U(6+LSGTI\S61 MI-%5J(D_+E$/JH)>P/-Y#E';+[0!36TQ>V__#U!+ P04 " #NF.)0&Z32 M?K # '" &0 'AL+W=OR;OO[KXCCXN=TG>F0[3PT MIKF:=M<-E&)JZPYZ9"S6@I)U6Z9Y9FNIM M: :-K/%&O0B3*)J'/>-RMESXM;5>+M1H!9>XUF#&OF?Z\1J%VEW-XMEAX3/? M=M8MA,O%P+9XB_;W8:UI%AY1&MZC-%Q)T-A>S5;QY77F]+W"5XX[VNYJ5,VBP9:.PG]7N5]SGDSN\6@GC_[";=#/R6(_&JGYO3/.>RVED#WL> M3@S*Z"<&R=X@\7%/CGR4[YAERX56.]!.F]"KQTG_(-H"U8-(^3QK^6&V,U71. M_GS%579TE7E7V?]#['\&@V=[^'RO5G1[C,4&5 NV0VB5H&O(Y1;.N*05-1HR M,^>70%37W9%K>(N2BH:0-%$%4%OY? MPDILF-7*&#ASH$P^OE4[25PQKFO-6GL.63[WWRVSU#>X1:#S(43_K*K@B[),P/!BS8A"XB](R>$DS=," M5G4]]J-@KH@-4N.M.?,>SN)R'N24S3F)148U2$A\[310A=(D*.:5D[(\2*J< MZGP"B0_4ZPT&%'TM1L?8$\NL5]KROWY0W#Q"+9@QO.7UM/4OCMR73B,^:QD_ MGD)_\&Z4L0[,,%?3-T"\)"6-)=4[H]*X59T""/ MG6EBU>!;_499N@5>[.BE1NT4:+]5RAXFSL'Q[5_^#5!+ P04 M" #NF.)0LF)[_@0% #X"P &0 'AL+W=OR\8:DC:2@COVSPS\\S+S6*C]#=3(%JX+X4TIX/"VNID-#)I@24S0U6A MI)M:%2C&*P_#UJ&1<#LX6_NQ*GRU4;067>*7!U&7)]/8< MA=J<#J)!=_"9KPKK#D9GBXJM\!KME^I*TV[4HV2\1&FXDJ Q/QTLHY/SL7OO M'_S.<6-VUN \N57JF]M<9J>#T!F$ E/K$!C]K/$"A7! 9,9=BSGH53K!W76' M_L[[3K[<,H,72GSEF2U.![,!9)BS6MC/:O,!6W\F#B]5POC_L&G>3I(!I+6Q MJFR%R8*2R^:7W;<\[ C,PF<$XE8@]G8WBKR5;YEE9PNM-J#=:T)S"^^JER;C MN'1!N;::;CG)V;/W2F4;+L1B9 G-G8W25O*\D8R?D4S@HY*V,/"SS#![+#\B M*WI3XLZ4\_A%P(],#R&) HC#.'P!+^E=2SQ>\AW7@,D,+J5E<^6*[ M4%*ZNEMSNP4*++=4R?"*E=4;^-7%X_$#S#AK;^G".J-OE&4"WFMES#^,/(#Y M+ CCF!9Q. ^B)*35+ G&DPDMDGD8O ZGL$S3NJP%,9?MLB$6*29$J+*)D&R63^+TEM9!VIX]G\1TGM$'8IF"3MT?\SOLO.'?8?53K>U2ZG M2J3$)!OE&CM*&26O5/(XYY+T;H<\#-D'H+_,)D3=\T]KF.,NQ>/O"U]ZU/#=*1*CK3 MG1/>/I+9)3@GA,<-Q^?!](UY -YP6SS7N'P$NY=-MUO5//.YMJ&NQ3)5N;S- MZMZ,G&MBYHYB9XEWPF@"Z$+A(H'$&0:^L7)J2YJ7S])A7%\D@"=)[3MFA=J- M3Z2Z-DZSDF)+OGK^HI;,Y3[I)I7:BJ/I95?IAIHJ'JL\-T2::&)GE;=U?QMV M3KG;[[;CI]\9Q]W!>#P,:0 1PC=LS+>#:%RS)I5P3.<:Z$/T8DN 1O&2)T;?+-:/$D48HXR[U&FQ.%PW[PPVIG& M2M0K/W-2OW5IV@QF_6D_UBZ;:>[A>3,34ZA6U*- 8$ZBX7 Z&8!NYLQF8U7E M9[M;96E2],N"1G/4[@'=YTK9;N,4],/^V=]02P,$% @ [ICB4(-0Z=:< M! P H !D !X;"]W;W)K&ULU5;;;N,V$/V5 M@1L4":#8$B59=C8QX"2[VP6Z;;"7+HJB#[1$640D4DM2<=*O[PPE.T[2I)=] MZHM-23-G9LY<.*<;;:YM)82#VZ96]FQ4.=>>3"8VKT3#[5BW0N&74IN&.WPT MZXEMC>"%5VKJ"0O#Z:3A4HT6I_[=E5FC:+1] M\4&N*TX!GA7G(U"$P/'O1ER(NB8@=./K@#G:F23%_?,6_8V/'6-9 M<2LN=/U%%JXZ&\U&4(B2=[7[H#<_B"&>E/!R75O_"YM>-HU'D'?6Z6901@\: MJ?I_?COPL*:^4J"Z]5(8J' M^A/T:><8VSIVSEX$?,_-&.(H !:R\ 6\>!=H[/'B9_#>:EUL9%T#5P4\B1HN MI!"-RU7=]@17SMI1 &E5-*)XQK[HP!Y;XGWW+B* M.^#(3&LD=JZL4;71QLD_4)PZ"X@O*O]CDZ0<6E MW+;8DJB:7E8/ES M[_>/WN^W1F/Z+K@Q=X2Y;'2G,.-YWC5=S;U:GP6?6_@)77HL_,3S$WA]BSZ3 MB!-YI72MUW=P? Q6EVY#.4[';(C\ .)ID,WG=& !F\9X2((TGL*EN,%IWJ(' M>R"S':-9$$<9I,$\22$*XHS!A1]DPF"IUGTE5K*UJ)(-*E$\"^)T!O,T8.D< MDC@(T? YSZ\1&^(==(1B8;C]\Q7"7L'/R+Y!SZ.M5, 2Q)J%P*8S^*0=]L,! M41Z$C.$I2EF0)1G%,P]8EF) N6A6B-&G)IK_CU(3!LF,0IDBZ^R?IB:+ILC2 M-(S^16JB(&())%G XN2;4C-'K!AB+*2'J:$"BY)ID"8AGM(4 XLQ$FV$Z?GEQLOJ70PQ=PW>'WY309OL(-L/-N]P-W,#R!7&;'UE4)$P$<3 MAU1]?0=T:Q"M6,_UW?BO;KK)WE:!!;+VNQ/=)\A2OV#LWN[6LV6_E=R+][L= M>H$CV$(M2E0-QUDZ M/O2_V#TZW?45;:837Z8X4KIC D@-]+K=WV@0SLEM;% MGU!+ P04 " #NF.)0NN2&^"@' #($0 &0 'AL+W=O_7[UR2DN74#5IL'Q++E'@?Y]YS+N7+C;%WKB#RXKXJM;L:%-[7 MSTF.%:ZI*VNT-E69S-9@,VH6W:E5X7AA=7]9R1>_(?ZC?6'P;=59R59%V MRFAA:7DUF$^>WYSP\^&!WQ5M7.]:<"8+8^[XRR_YU6#, 5%)F6<+$A]KNJ6R M9$,(X^]D<]"YY(W]Z];Z3R%WY+*0CFY-^5'EOK@:7 Q$3DO9E/ZMV?Q,*9]3 MMI>9TH7_8A.?G9T.1-8X;ZJT&1%42L=/>9]PZ&VX&']FPS1MF(:XHZ,0Y0_2 MR^M+:S;"\M.PQAXJ[//7MY9RY<5+XYQX2X[LFH34N9B7 M*)?4&;G+D8;T,S9GXI71OG#B1YU3OK]_A/BZ(*=MD#?31PV^ MDO98S"9#,1U/QX_8FW5)SX*]V1;O;L5L>B:DXV^_2MV <"(!.!2^('%KJEKJK5!571)8YBF' M64'W-?B"ZRRZ+=FM;%V)BGQAB4*A M=ZW*9"G0HRT)V;Q5!%-#=+>U\!N263:^L20H,]I4*@MK$(D[J!*6$ @VNV%8 MEO"U9KHC,TZD->.\]$W(EV16).Z0_?Z;B^GD_(43*').AP)VQV*.'$4MK6^- M=JA(]KR/F-2RW/X#B'BQM@HPQ&2WO+N'&RH3=.=3B!S!F?141A1#P,FSWQBQ M8 @)P#M:<1!.O()1*;Z75?T"<:!8"3=<:X9VK?PVPK-1OE ZFDS;AP_]S=]XE.R#+%LBJ!7)E35,[='RA M%HK;N*IXCBEW)[)"LN* "0Y8NY1*4Z=DE,[A#31Q(>%-H5!+W$!_@3T,%0K, MOA94*EHSC"!02$8L,)GOPP M\.!3Z0.LV#'_R\D0= 35]Y *#EK="[E:65J%6$5M5%O(G( 9AB!["<+$8+@= MA;J6 !Z8]4=;DE:PX!@DBP31O3&;-NC&)1JGNWW5ZCE@/J%2. .PY[XRVBC( M4) \BA0WRWY'I9TPT]^QW[YRQ8:3 AS":"'+*/6)3?.AFS6[ A%0V( 0=F>5R!_JF -_;YN..@?I@ MSNDV/Z00MH(U0$"BA2L%-/:FI0?F-@<"$-7^Y--&'[7?$4DXBF!N.TR^UO\P M28"#;+ >(L>^G+B@^8=P/1;O4M%C6W;R65@BKA0?TH@/::S_\##KC@@;BL6/ MLY:B6" ^AWZRB31?/<"3>'"O+ZVI(DU>__[+#T>39Z@G N&M2N\1G0%K.93O M*PIHU[Y-<&?QDW)W*N)L]P5H@]#Y3+0T_)033X*&F<;!M7OZ7,Q;"-_N6O.- MQ?A1,?_706)O4]IS+I)+B[^AC ]NO ^*=A.+*,"F!^ M)2$,HA#>J8)N'CCO :DGDZ=B.GQV.A8G8C;CRXMS\;%E1E)CD-*X5-DG%V=G MXFD7?ON9EO$"A=3)ISM>#R63-[V5,CL!.QMU^*0I'DSQG[T-OP\W)Z7?M$-@%REIHF:)Y M8YD/'8&/ H';^7:(QFE:,-E-Z-('H;G'HYE]831.0I!2& O*)*8J;]RI+SK% M6SY$AGMX:-L#D"57E4&BH0Q-. ?VA\@!$8]SA/?LC;M@)@8(/K3S^$%QT[$E MZM50/#CK''H''/7>KN%K%7Y#0"X,7'S1[E:[GRGF\>U\]WC\C0/EP:3'28"6 MV#H^/C\=0,+#[P;QBS=U>%=?&(_$PF5!>&^Q_ #N+PW.I^D+.^A^O+G^%U!+ M P04 " #NF.)02B7"P1P$ \"@ &0 'AL+W=O>ZY._%F&Z4_FQK1PM=&2',^J*U=G\6Q M*6MLF!FJ-4JZ62K=,$M;O8K-6B.KO%(CXC1))G'#N!S,9_[L5L]GJK6"2[S5 M8-JF87I[B4)MS@>CP>[@CJ]JZP[B^6S-5GB/]L/Z5M,N[JU4O$%IN)*@<7D^ MN!B=7>9.W@M\Y+@Q>VMPD2R4^NPV;ZOS0>( H<#2.@N,?A[P"H5PA@C&E\[F MH'?I%/?7.^MO?.P4RX(9O%+B$Z]L?3XH!E#ADK7"WJG-[]C%,W;V2B6,_P^; M(#N>#*!LC55-ITP(&B[#+_O:\;"G4"3?44@[A=3C#HX\RM?,LOE,JPUH)TW6 MW,*'ZK4)')$C[5N-!OZ\6!BKJ6C^>L9SWGO.O>?\_V#YA:;@?8VP5(+: MC,L5< .6#D*S\7^PHN(53)9TY)N=R]#1KC5HY86O5+-FD7-?SM67OH6!LZ$ 8! \@F@.1[(%TCTM]JI7'%K$=E M""JCFR50PLNZS[CW]!I+;!;D*)R.3N$7CT6UAJ[-KV>/E9XJ7+5:DV_R89 0 MG$ ^CO+BE!;C)!H7!;Q3\E5Y*)3FT20;0SJ.LFG26Q"<+;C@EE-]C+)HDF:0 M3J+Q:79@8E_J-"HF$TBC-)G^9WZ(/_J4>"+HFZM]:LRQ/+V$X%V*;:T1H0F- MBJY1C[%^E.CW7G6_QQ^K>K4[I&IHD>C-DJB83MTBC49) N]\V96J09A&"1$_ MB8HB\%(RK;>.E@DY@DD<9D7$"TX+"G\#%,;21"Y^@;9@Y2"=4?+FD"]?'I'62CX8Y/0M"N/)8 MH-T@AD[M"66-:J7=,6KP (TCQ4GO";6.0N%5>[9!8M\9X4MP:,>W_3XT![M" M2A*]6*X$M\#6ZV#4NRO)LN&^ICN.R#,K2X?"-X>$4DG9O=P;;FNO=WUS!1=[ MN@X^U?8"NT"U#8U$#^%";$$]8"AZP9>X*RF-PK>%QZ#198?*9L47 KL00S0; M_YYC]8J1%1I/#HP\T0%F0WO1P+(3>HS6,:]_ZT'XTNPD3P33S,5519*TX?$H%+4DV&T_$ =)A5PL:JM9\/ M%LK2M.&7-8UWJ)T W2^5LKN-<] /C/-_ 5!+ P04 " #NF.)06X6^1P<) M "Z%0 &0 'AL+W=O[JW[YDNE@KBK3.W?')4A[%Z=G?F\5)7T8[M3-=YLK*MD MP*W;GOF=4[+@394YRR:3\[-*ZOKH[24_^^S>7MHF&%VKST[XIJJDNW^GC-V_ M.4J/N@=?]+8,].#L[>5.;M6-"C_N/CO2(+$SZVZ4L:0()CQ2ROSJ%=)&X?7 MG?1K]AV^K*575];\0Q>A?'.T/!*%VLC&A"]V_U?5^C,G>;DUGO^+?5R;+8Y$ MWOA@JW8S+*AT'7_E78O#8,-R\LR&K-V0L=U1$5OY7@;Y]M+9O7"T&M+H@EWE MW3!.UQ24F^#P5F-?>'NM:UGGNMZ*E7.RWBH 'OSE68!L6G&6MW+>13G9,W*F MXJ.M0^G%7^I"%0_WG\&FWK"L,^Q=]J+ C]*-Q31-1#;))B_(F_:.3EG>]!EY M[]4ZB/?:Y\;ZQBGQK]7:!X>D^/<+PF>]\!D+G_W?*/X>.>+*WBJ\"+BH=D9C MB1*?C4(R4ETH)X(5?[=!B6PL;F)U";L1-WI;ZXW.:>R$]/40D\[(/I9!U@9VYJM8P/#Y-+X3VPH."8%(HQ9JX0HQT+4)I&X\= M_N358SG?R[A1M89+7N4(<"$"V6BLK,5&YMKH<)^(HE'B;[)NR%Y(F8K1GT_$ ML9A/9LGYV MOE4NZ+51$,JR:T3,\_9L,IV+488]63*?3+J?&Y5;@/5!JYK#ZUME3:U:XZ"<@Q*Q(YMLW(AKS MQ9R$I_/D?+'LA=>V/NWV'(OT/%E.YKA8S!<0/N-@?BV12EUT**TD9Z^M:0^L M 3R4+0MQ%0.YVCK%9386%+754RF;\"YYB_*0%,"U-%R##;C.<=(?+^?C"?C9 M&&HU7_IL:95<#^PYG@Q6CLAA+IS@ Y"F/48%I"[;$9/M9 ROGK%:[)R]U45; MS60FQ8JMP_[O1 FN*?A24="%^J4!JF />F80$G)G(X[3H3>4 +QGNR5J"/WN M%DW\U:=.T01 YA]*A6L/X%O1"F+ES%@LV;C66]5Q/ZE:&8G#-O. M:5#J#GYV9@_T= DQ7LS_"%-_M49I\9_^L,RRR>MA17-U\O/T]0G1WH'+6L!Q MH[:65 9.H3T6'2^S\?P \U/@Q,CW-14]B&72558?;RY/CI;TWN8:D3K4=Q(U M+M+Q]$%@Z4GZL@U/$W:"0/N=XJ'*W(^9BWXKW#X2FR%B.R#,O#:=)"VW#:#^ MC@C_=ZA!D^/%;\&Z)4!C;,X ML4A0Y 8B N!:;B^ATSJSRW1HMFXXN'H;@8Q.8QO# -W9[*56_N64-N$&9N[SS> MPGD,B_FWTAH4!B.4+EY3A1/O<%9@ZD%L3(,!K<.*<,6$C0>X\A@,"G:Z(SB> M*V&O#B4VM-%8'4:&G=3%*=[DY9N_:D&GM& M&CUY.JCU [E$6+&L32XF/:#N=Y;Y !#G)>8BM*E]J:&9H-[)>TZ$%?09MB-A M0*)8#RHA/Q!BB#>DA4!XS4M&FFQ)EP-C8&!KA8@C& :C=61WIXSD2"-I)&69 M)TJ%(CH:G-K-:8/EF*DP=@D/'1 8J)O4!0_]!",:!02-'HYU,TQ=I*I-K<:U M&/*\UG:' SL#2QYLB=IQ;&D^67ND#C48&/$H MB'N%3))D#*ID[[\;U/ZII..# $E^P!RKB,CI$%?^4J/C\0--8BEEE.J55 MJ<@NDF6ZC(-5FF+4.)]%?L"*Y&+!-S,Q3;+I.<& <^D&C4-@*,JP*$X-QV*Y MN$AFLR4:\Z.J 2B/YEFX>]5.&"M#7FU+KA0:O24J'R^4XP)JF>$KGI3P3-5% MU>+U;%%9,+9^3"I=U/ 3CEM"UA+Q?XP?DFG4->#P3[JH0SI9/FVQVI<<:>1G1M/ M3_9C\4Y2M@/6?JYS]N=X_$9.5;*6\41# [Z&Z9XLT<0#=LT5&DH4X1#M/8J. M@?D.#&0.@?%! ["":J:'H)M7?A->+0\^':T"M4/57*J6*XHX'W&706-%;MTK M.J?VCG.K6$-X;T7NK/>G[7>".*W1!PW/90J1D8MIAK0],_;D91L#,@8N8) M MIUVSXT\9N3)PI$MACLZO#$0)\=NC0AXBW14&<2LPESOD1"[ M\.*PJ=3O/7@^8K'Q"T/S>R?WA=W7XE,MKM7:Q:/6LLMFKJF=4[ELN"WA904: MHT,^J@C=C:X._7ACU)UN"3MV;\V!H*\JG"^F3RE=??OKA_2GF M'X!6J$KG/+YVSI@VOXIX$AYVT=ARU!T.E-3FI"@ZK]J$.M#A\2P=+Q\-NB3O M>82&PU*'5C\CQ<)&OKGH#-,RJ-]Q]VJ3+Y>^I 0N8>587#.S=[G?26PG=21W M;0?F]AUED(+/FOK,(: ] B#KG$44J#?>B^/Y;)P-^RX;23#R!5$EIC7%AU=U MU[4R.(ERR0GDZ-3FL=C)8!(D MH/]<^_:_4$L#!!0 ( .Z8XE#JO (KT@T '4F 9 >&PO=V]R:W-H M965T7[_?.9+:\B4L4%O[ &F[I7..SN4[%_G9TMC/;JZ4 M%W=UU;CG!W/OVU^.CEPQ5[5T0].J!F^FQM;2XZ.=';G6*EGRIKHZ&AT?7QS5 M4C<'+Y[Q=]?VQ3/3^4HWZMH*U]6UM*N7JC++YP_KBZ,6S5L[4 MK?)_MM<6GXYZ*J6N5>.T:815T^<'XY-?7I[1>E[P3ZV6+GL6=)*),9_IPYOR M^<$Q":0J57BB(/%GH2Y551$AB/$ETCSH6=+&_#E1?\UGQUDFTJE+4WW4I9\_ M/WA\($HUE5WE;\SR-Q7/L@V M/#Z^9\,H;ABQW($12_E*>OGBF35+86DUJ-$#'Y5W0SC=D%%NO<5;C7W^Q8VJ MI%>EN);6K\0'*QLG65_NV9$'?5IU5$1:+P.MT3VT3L5[T_BY$U=-J0 MJQ=NE(1[.?HJP??2#L7IR4",CD?'7Z%WVA_VE.F=?O=AQ;_&$^CYGS.?L?Z+4'Z4EWAG9B'&YD$VAG-"-J+3JA)F*UYWOK,*6%<+0B:DUM?CX M_E:\:<1K-;$=H@\J/7DR$'ZNQ*6I6]FLA&J\LN"D&V^$A&O7LBE%B\W:.8,M MC?$*[NGG3.R!= +\9> OY P(X+R8!MZE7NA2-:4#"^EY0RU7HL6_C.>A *P( MV8+)G4:(J6HE?GHT/(.G5Q4%[0!A6]A.-S,2"^*! \A=#,]_%JW"UJ;I:BR" MH(5IBLY:G )$G)XU. K)-[-* 46\P*F6$A"P*R)D,)"*L*J8XWMX@IYT0%;F7%TO$Q(!'(8G,K=;D^$,Y) MF^]1^!RT)TH1!,9M.$!5#<6'+8;W&Z.LJJ_J%P3*3B4U*VD1)X[]P11P&>+R0!\F M_4W">>:F*I4=X U>O5*%JB?@E\"(;8I7>,>F@^L2&4B!?&,E*X^%WZ,8A UL MX9 VTA(6 YX;3@RG50O2$9YC?@EJVK$L2"6CXC!_*6O(.X@BM&9+\061#AT0 M(0IW#K8]]NW-^ZJSY$B! ,)&U '/%>&Y !K#/WH-##@N.'87%&J0%7%6]F&U M'3+>>%D1^9].AX^R %_.- MA85@C-HO.+/KG4-)6"OZ[;:3T/LM+Z%#[:::ML,B2-*[!I]CK392 M*A:IUEC/9&W,C(WR5/D!OEI^YY1=:&3$H1CS(?9(M!7/"(U-^L=X0\ M[84D:OCB<>;0L'BKN-BL5LF]M4NF9=?N/05P*">5VD@1E9837<$QU7\S5H)) M+O^"VV&USO24=+%786OK[M-=':*>-MXH=@MZF%&,!GSC MZ)<9]@/\Z1I98L M+=?XM(/\>$(>KYS#BWJBF[ ;)WLKFU2*G(;81!TMSLZ89ZQK2GCUM").8@P% M\W''OPZ(S6:]0F"VEM@FB6TNL0T2KTL"9HK*"DQ2@'"AU2CK!N+=\'HH'E#, MC8Z?7H]O^.GDZ>& $Q;;1TZG,!5S"K0ZW\@Z(PAG>/<$=1.Q6LX1 MJTN88T"&Q+_L0I(QB,5U')XF3%$ C$!_ZPSN>JXBS- MY4H+:]&7N1Z3S2FPUOLVU I&Z PK,#%.B?T;"*5<)T/E2$EY.@UAO>E4/6)R M8(N%M%H!>2$SRHG@2"'T0Q&+Z@0Z6(*%5U0C3!7!*@+N([10.9.I(I564:15 MK$E[(<<$#=*5MH%PLI^F9// PI2\JRS%+A#X02+;.Z\"%U M!02CI"]F5O+KW7N!J_P0/OX#'!7IQI-J&:BI9+M,VMG2B$?I[8$ M59.F\K_;XVZ'?34:@=7%4BO2X0K,BTI):C5@PT^&)8HI[UM<;"]?UO(8)6Y% M>/=X#X+UPL2:YX?Q;'R#> 1AZ(F>N5&+Q^/3;1SJ'M^GZEKQ.0Z37*HOZ?8: MDTZ[Y"*5ZC]>>ZLH]0;TOI2M1@%X'[QF2]>!ZM@O2,I03?4836%$.0IIU')< ML?YNBSFJ89SCY/37H[$ #E$"RGK>1X.H^X"LV?I7^?JW7:/$Q2#6+9OIO%&: M&X]=H$=-;EG?I&D419;J(\ &.M6(V7FSAE18,WB8XG.4QP5$XP*+FKY"<86$ MHZ%YDWWVYE 9HL>W) CQ&8CWP-8$RFG?1!&?K7W]\49GL?!9$L:S33T7O5QU MD;2,^\- FK,"W,#KIE/N/I%N0U7^3H,BEP]LJPUP,2D&3LY#.;8O#CXP)*PI ML"?UGGD=:\>L\,C!_WLWK[T-]ICE56" PAD\!P!&"39HD"/#FV T-E:J9NWF MBM 7?X10W/?FXHUI(4<68'\8Y21LTKD'0;@E%TQE2*OUE MET'2C6F"V/TYO!WFIKJZ@Z6:&>N$1A&(Z<-@W"CS'BU&QJZ;?(HFE"E69R9 M(8IZVZ3DB::^@I\4G%V&WV;:KMEKW#@?0,_VK?:-6D^#A;V#CV^P[<6WF#8Q MN<>Z)^\ 'CE=:I2%L%8V>G9=S?Z\.?(YWKB3:*LN&^ZQ&6D41/V"C9/@ MB^Q^(AAX^S#<%\5LV$\0U[U>/COD02#C51R0I#9HKFOQ(!PNOHE+N16G(ZHO M7;@1@>CAD8-@QR\7.))FO"U0,6VY]7.[6MG=K;KGQTJ'[7C@Y4/D]$WRR1_X5U2WD-R0U:=@B M7VY.N/N[J%I^)CXH+CF%2QI!NW >-(B$FY F>/\]]NF= M@M;UG/F:TT??6X^8MJ.+?;(PBY@O^K$605-96II&DAP2TO5N'#O8B54!55-[ MXY3W52S.$_RZP)H"$!)!=V=IU'T^%'\T:S\_Z1O)K&HES:;9[FT'H* AQR6Z M+DZ)EU0 &=MHV=>*Y3\TO87!4LCBDKJ^EY-3I1? MDFGYMBS,\UB'Z[OJL]0L1EU 3ZEG_$25!E.D^R>]V>W$"SBUD)JOGD)ZBHJO MY-)UFN\2!K%1"K? \-!F!NV&40;MXUMJFIM3/"E/,LDEC47O4_*^#'*^ U6! M!G0<\"K<(=/EKEC(JMM$PS B<*8(L]7UY?%T"JTF'(@7>KEE>^7/TUTP0Y.3 MBVQ"IB@#4XV@@@_OM10;A=J,B]P''V0A-2 = M.5&I*;8>#Q^='X1A7_K@3&ULO5KYC]LXLOY7B-Y@D0!JM]MV'SF!3L_.>UDD.T$ZLX.'A_V! MEFB;B21J2:H=__?[5?&PY'9ZL@<6R&%+9-WU517I5UMCO[J-4EY\:^K6O3[9 M>-^].#MSY48UTDU,IUJ\61G;2(^O=GWF.JMDQ9N:^FPVG5Z>-5*W)V]>\;./ M]LTKT_M:M^JC%:YO&FEW;U5MMJ]/SD_2@T]ZO?'TX.S-JTZNU9WROW8?+;Z= M92J5;E3KM&F%5:O7)S?G+]XN:#TO^*M66S?X+$B3I3%?Z?$_6?67?HLI1.W9KZ-UWYS>N3ZQ-1J97L M:__);/]717TNB%YI:L?_BFU8>S$[$67OO&GB9DC0Z#;\+[]%.PPV7$^_LV$6 M-\Q8[L"(I?Q)>OGFE35;86DUJ-$'5I5W0SC=DE/NO,5;C7W^S:UI&NUA9>^$ M;"MQ:UJOV[5J2ZWSAXE^$':B9B?%V(VG4T?H3?/^LZ9WOQ?T5?\I%U9&]=;)?[_9NF\1=#\ M[1&NB\QUP5P7_RDK_QODX(%[K<1[72)U%+]_UWIE6V3X1VN\H2#[C+2XUYQ9 M3__XA^O9;/KRW( MK1(;>:]$;=KU*9@U6)4I%$CY"%E$OB MJ2:_FMYACWOV0OR?DI;SEOC_I$K5+$&6EM\TIH<-PBZK".II#?Z!0)SNS\03 M,9\7%YUEBTF!>7YY?B3L()M?9*O 5W1CQQ M*SM9:K]C2R#^.MGN!/'R^ L=UE:-/)I))-^.G)D MW-V*Z\6LH'?;C8;Q2UI)M-2WC@H;K-A)3\E)7!$;K3^MC01T%KPLF2$LYZA3 MH+!7B!-)AP1E5_"G9!'0C':H* :D*#?2KM4^V$D "ID/*S:ZA0MP%<5\4NW9=USW+'TF4[I,)US.BS29U@3?=,* M[A87U\7\XB*FQ<_!C!\31CP1LZM%<04BO\ >]A@8M]21U-^#8D5X#ZON(:GK M81 *OB%PA#PR#1, I;&3[N$E$Y+)J9*(1%JZQ2MO4 DHN7@?]RF4>>1-U:XA MBK(IN @*VU92*#)05NH>O6#',DS$S3&'L1:R=@;(7H&%=UX&;]6*TH7WE%:A M!*3HE\%S>/YD,5D@)A%"R-2"GH3D&SW?(E"T 2UJ,L9^ MS6QZ?B5NP^N;A$F3@Q+\FSHL#??2:@0@6*SA-YBB1'G AF"RLI:ZB36%:QE6 M.R"3_MW2&RI:WM<:+Y8*.U=]7>_X)24(?ZZ^(,=*)%=T$R7\!SN+5NJ\E]^,:(7\@GKJ7=8_5 M;A1J9,SCUC><98T,D<4ZP- UW")[[@=(>LLH#QM5*GY^$'BAH"?5HU.B_FQF M18T%>@\$0HT:]-M&PV;!A.2X#LIK-J.A];TE(-S1%OC-!][4WQ 8<1&A/(3O M*$&0U\I%(2!;5*;@VE;=*XJ:M%ER"8/TIF6%&F/5@YW1 B$8Z2'R&9P2+;5: M46";-N%&1?6IHD_.U+IB9P9HIFW0+#9K5CG,2RPI!DO+LCB2 J5Q(U:H-,"$ MNP$F'7$9@A(%@J'^H><.8F&I:@T[)7V6B@PEG%ZW>H5D:$,/5Z'O[[FF+&E, M?2$^(+U*@.V*4"R6'43*IQBFMR%?.1H_R)VX)-PZ7Q3BUP__@T4E)^P:YG_7 MEI."6AOMT76'-WC\:ZO)CE L,+HUMIM$\/2P%'7'JQ7BB+DQ3GLNQ0A\0S#X M%$T\#[:([UTA8@L/[KF#QVYL=?T>(<&4J-UY3@V,.MY26-W"8IZSGSL."& A M5WX--]S*6N-]JR6Z,&K&/'6P8;!8U33VTF!1]65PYGN/-,U3Q<\?DT@A3S5P MW%+L !R=KC1@K6#NI>EVEHGI0[,G=(@P28_ZUG6JA ^IR48@[T0E&S@]# (NR^B2^;A4RIA "6X>V<>*=U(#CI=?S8KI="H<.L< ,"'A&QA=H.J77P<6J.66 M FZ(JD'7"8(O%=!CY@_69WLFH2F3Y'[,H^GAXHC(*'?NK ]> ML (#0H_H$N0AUPD5(]@BA'+T>N$QM35ZF=0[MM .(A MM^D0#1(91A2- JPVLEY1/98A #M#\S)A_K"GV:J<#57<.>*7FH+XE<8KZX% M<3M>[< #A=!QL_79"*HP!?1I!Z7K0'AD\DAVJL4\P(5. Q_6H13N0:U@BW8! M#M\2E@>2'_8%Y>FO=\_$^_>W&>'>#D!74LOA2JN7##81M-/\U$F+X)3=9A(; M>RC'D0R].E7FI";& _$8)[@Q"GU6:"_(9/MF(S5(^VYWFZO:(X(\X_"(-3)W M;\2*L8HG,G/0& SZO0)MJ'] (30T?5OKKP0@(+!4@PXBN-HJ*F:QOXB]$1FC MV2\,?54L3$X=:4X1Y:N!2S=F2R%=A'!#'#(*W.NUL=QQT01/#[F)KJDI2)X/ M#!)6Q:(^YZ)^7; __COE].>/_]E2"$WVXRVK\SP<+/!!!,U B)%&<^?#$(P4 MXRF!)T;74W]$S>@CH,W&H52C/%H3$'B5CKMX&KN87 RFL1 -C/#FGE) -V%J M#]'I7H@GT\$&8@%[GR^@TR[UMTA2#*3I(.9[->4E*MV $OTAO.*P4Q(9@KVC MV3]8Y\\](&4^#8-HP08>/CI_R8]&0HY(#Q?/>-#B&*=[B1#B<>"*(:+32#A0 MX>%$.Q]P"R<<#R1'U[S5*W\#:'V_QPX.@=@-47\:NM2TLF @&X1VBDB M4988%8C:+R24:I$6FQS>XYJ4MI\&U##6GSFD6T^'#Z=T%Y/S()KLKD<%U,;& M+!PG6\Y),NN.7KXW3MP@N_BL*YN/&_V@))T^R"P&>2W@(LK)1G=4L*U:[DV2 M.X\UJNV 8%G2I([G82&5B_.KE\!1:$3*MLC3&D^&N(I1RJ*WYQ+\Z]'!CV"9\ M"AVN/07P=1W/,=E54<6\Y9$P9\Y_EFU/=$)M^D$)PNF'CD<'B"KZS.7KD'UV M33)BJC01&I)##8*"7%KOJ\V1 (HE682C5/!3WSH3#];I6!A)>$2"ADZ[)1\Q MCJ5@.+M#@Q:P[WD"[7UK(Z$>LO!TJQ0F$VHD@HV^])9:2-];DD+R^5CH!U ( M(2&?L,!&*WEO^ 3P=T( D-2G \+:P">-&_N?1VMEY1]&5MQXD0M L-1 M7DV%F2"$2TMF,TU /^1]D9A'>0.84Q(UJC$(B0J@RTCLTF&[C\T1AQ^MIP.> M?9RBS0->JEV&C'Q9AV[[- ?F@&*ZG1A)-KO@=[/K)&#.Y2!BBDMF*5JU#=[B M3=D0,!(A1#[])0M'9Q6I:XY'(*GKM=P-,-F-DC9.*[E<7B8CCNSU@P:(UQJ1 M%5T_T!'U#[&[\2'O#M^D72%Z@@E"/E>JU<<2-!DNE$3S]1'(^1U-XJDV:CNU M@-@46U\>IU,#="C6XT#WL'693689HTFF+ ):J//1&Y9I!2C( D3NU_6(0'54;@D9!1/^:B?^_!=F)32+-9@E%G)4CW+,9_O!#N:LF&**!'? MN/-P4AY))IP&C63A/HT>&XKQ_/!*3 M(RBFX@T_851/V^AV1O(%VC$O[L]-4!_]:;#^,-5CU#X-$.X."F,8Y.G4B:]9 M6E^3+V6\3,BG ^/<)(/L^9*&+RFWZ,<:^U]5D%'V _IN/);3]#*>RG<'/\[@ MX&97DSUXV(N"TLT#0I.G0>MWPTNRP7%9&([RV4-+_6A+37,T+UT]]&&NIJ$E M78OM[Q#X_FQT@7A D"ZR1EZ*,4(:4F+DUC6JSN-7M'XXNZ85N=2PRV2X>K1"K'*$P"%E@?^E"I3H=!8>#O/ [ MG"SE_M;#;\S@A$L62E;OJ&*5U$,3#'-^:I+B;Z.,8:R;.KA M=.[&YN4 WA_SY)NJT.BF&Z40Q>)K:[:H NL0-L=R-/JWC.Z.V#$^LF*H_[&K MK&/FFQS[!=C9X#=W&&K7_,M"OF9J??CY77Z:?[QX$WZSMU\>?OF(BKNFG[C4 M:H6MT\G5Q4DXRTQ?O.GX%WPH>=XT_!%M VHW+<#[E4$6QR_$(/^D\\T_ %!+ M P04 " #NF.)0&CJKY@D, Y( &0 'AL+W=OW8,Q1%4I1$^6U&=MPT:3+Q6$[SH=,/X!W( M0WQW8 "<*/77]]E=W M?I-K3+YW)F"(/6.S+L\_NXO)ZZ_R74!@3U7U5UN'- M21'CYN796<@*4^DP=AM3X\G*^4I'?/7KL[#Q1N>\J2K/9I/)Y5FE;7WR]C7_ M]M&_?>V:6-K:?/0J-%6E_<,[4[KMFY/I2?O#)[LN(OUP]O;U1J_-K8F_;CYZ M?#OKI.2V,G6PKE;>K-ZE[P#VNV8?"W(DN6SGVA+S_D;TXFI) I M319)@L;'G7EORI($08T_DLR3[DC:./R[E?Y7MAVV+'4P[UWYF\UC\>9D<:)R ML])-&3^Y[=],LN>"Y&6N#/ROVLK:V>1$94V(KDJ;H4%E:_G4]\D/@PV+QS;, MTH89ZRT'L9;?Z:C?OO9NJSRMAC3Z@TWEW5#.UA24V^CQU&)??/OAC\;&!_79 MZSIH=E1X?18AF!Z?94G(.Q$R>T3(N?K9U;$(ZD.=FWQW_QD4ZK2:M5J]FSTI M\&?MQ^I\.E*SR6SRA+SSSLISEG?^M)7_O%F&Z&'FOYZ0.>]DSEGF_'_SW#<+ M4;>%]J9P96Z\XB0)ZF.I:_5+K>"7K%#3:W',2+G&JW=.^USIW&VBP:<"9+(O M:;N7[1ML'RD=5$"6(Y%CH2P2HI5^L_;&(-&B6IJX-:96L3#JO:LVNGY0NL[5 M366\S:##+0D7=5>03\\^>Z"T73U2/_WT7CVG_7_YTV(VF[P:6,"_3%^]X&TV MA ;ZTLJD908,F0JZ1OG=F^7#$5&=%-?ZXWPB_ABKSU@\=)D-,#0:0J6*3FV\ MJUPT?.A*6]'?_-'H4D4P6F0?N)7294D?Y-V!-X,LKT/C282.JH9(_ Y%G%=K M[YJ-(B>MP85LC7BW@H5TL+([::"^[28-*/\#!A$D"*ZU?DBFM32%Y MEMRP'ZBQ^@%1,+7Q%%GCJS!B D,D)[ ^ Q6(OHL%P0,KI.NOT_,YDIEK"#&': MZ;4RVM>0$5!N2X-:)ZZB*$0DZ9K@60Q\9DLBKR0M.32#AW';?OMM" *(:R M1OAI^3MZ _).9GRDI#7WF=D(**%_;D+F[1(Q2 <9 M#C)UQQUE!B!TL.8*N MO#%M()(S*5J]$T 1)A 6L)GCZ%T()A\A*%"=Y4HX*.-C*8F7>)ZXK0$54LBT MJAN.*EG=N7&(._(+6,_>Z9)T#R9KO.7$*_2=D$VB**R UKJUCQQ/T=[:S/36 M=BCL5 #J,G.4C74$OQ7"QL%/7Q,>?S 9UBCB>FB\UG9S^G4+RX;ZP2QO5 M?#R=J_&N5:B/-SBY5-.+MC[2$<)B4/L[X"^+CGA\@TIPQ]72(WX>*@N^P@:( M_IHT)M;1#1C:VW]#SE-P]43P]&AZ"BX\G5WLUK1TOIAP2^>W!6ZL;@)K&-!A M=EEVN%[,[(-^3/=4;84L>S,>T7O+X,\\44"N5JB:ZGHVNI[/1]?G%Q2Z\]'5 M]&IT=7VE1EQ8J%@1=VJ?( .)SR;CR60R58(#LUH9;L!5COK^A#5\>(KCY4Y= M/[)6LU0R;*^ZJ::V5'E*Z5]RFPL+E9&[EH?AXAZ_2%9#]7-0.6U]U)^[3"*T M09T5..QWM$-2Z3AI)'RM&R7[!ZW&RDL5[#D/YJ]T[>2:?J?6%/]5KL&7U)T)6QQH@O8I6AP&X>@5:4E6ND#(9@IJ MF[@=<-.J'+W%TJR<-X]J#P;7U0"WR,:RD=+6@A<%"5+D"01U09$S&>JS0J,)/^6N>I%N\#DY>B7>>6 ME_3\9/CHO-W_0TT8IT1D2<\IF+)<>"3QTOZ1+2G)HIL M-M@28R=%?$0H1;%EBDBYNO\+,06"][SEX]M?NPGC!=*ESLJ&J7*)]IPKX.D= M)+0U "C@BQ$X]73);$D"9,*1?MYV_M9;F(=GU#QCS'$/QD!#1YVU(5-K5Y^V M#\!8G0M(%II_2C?8GQKW=CK+A*.;T/;\!U@A:-5FRQ4?O[5-($U&??G%KJL1 M7,LW+92N7!T&DZ243%T^%CLZ@82H7ZK:+M&7_X0F\/0S>N]O0%R_>Q=RH.V" MHSN<2VD>LG4CPP:GU+"R(1GOK&L""@##QN2M R0,+7DV72;M.X[]S,W,@:0D MPIN4\OT42[HDOE.SQ6RTF,X&1?:_51+V#=;]J-$#89B:+K@I6KS@T00PZ+M> MFI)1;*E$X<$951[?]9LFQVAA=CU[F,O*5IC,+ 25Q(:H.&.UOY2:JAXDTJ-= MC8X:LCLIMQU6\NQN9'A00#!HB<3! ME!H$[DSOS]_Q$4SC4]2+Q3GQQG]P*!OHO=C M=$Y#O3@OU4[)I*^G;Z+7_U-:1JK\V-3PVH5D[;>D"3<\X$1NC$BR-UW'L!.- M(<89W# D]>GH@!8"JMUYX!L@-AAI=A)MB'3I3#"?M=/>1^\04N+Y=!\'12^' M=Y.[LU=_1+JK)![M)T>1)9DM8-L:ALU@E;0 SRXP8:@*(S%?H!VV>N-!G_38 M2:,CXI/#)&/2=1=_2I75F'&\-7+S41F8DX;T M3EBA-FL7K=QX#NZ T\QT'[FXN-X1 RWYTHLU'25N,Z1EFP( ?[JAXJN/?B/I M2M<(N8%^N=3\'9-6.B&\S[)D!> N%,.IN::[2^?)=7RWDZ[WNA3+G,<,3],> MI8E%)'3:R^,EW7 M^&=VI6YUF=A&DI<<>W&E+LZ)K_,&.,LQ:I9NPR7FZDI=+M3WZWR!\R0U&EM%TG@H:/%[:]MXZ]1YLK"=M3A/O<&;R^R&Y MS.(+6,\7DCQ:&&]=/MX%5F<@=:^96]=#5[G M5L:O^:4U56H8(F]VNU^[]^(W\CJX7RXOU0&:-;A2E6:%K9/QU<6)#"KME^@V M_'(8?13\R'\6!JVJIP5XOG+@C_2%#NC^;X&W_P%02P,$% @ [ICB4%OO M%^:G! @0L !D !X;"]W;W)K&ULG59-<]LV M$/TK&-737%1*HAS;367-V'$[\2$SGCAI#YT>0'(EH@$!%@ M*[^^;P&*EC*V MZ_HB$23V[;ZW'\!B8]U77Q,%<=]HX\]'=0CMN\G$ES4UTF>V)8,O*^L:&;!T MZXEO'C&"=\UC73;2])V> M!3,IK/W*B^OJ?#3E@$A3&1A!XN^.WI/6#(0P_NDQ1X-+-MQ_WJ'_%KF#2R$] MO;?Z#U6%^GQT-A(5K62GPR>[^4 ]G[>,5UKMXZ_8I+WS^4B4G0^VZ8T10:-, M^I?WO0Y[!F?3)PSRWB"/<2=',1RX>Q&.-X--'Z(5*,U@E.&DW(;'+XJ MV(7EM2EM0^*SO">_F 0@\OM)V5M?)NO\">NY^&A-J+WXU514'=I/$,D03KX+ MYS)_%O"C=)F8S\8BG^;39_#F [UYQ)O_)SUQI7RIK>\R_0KB( +M2.2#0I2\19$M"XK >1HVD^G?TLQO#I6XIMHK=9C.;0 MZ\M!E8>90ILKO14R!*>*+LA"P]8R#)K%[#$#=_A&(RFS%BMG&V$[-^SS7>%5 MI0!&_HTHX3;"<41 PRSB*!/8&.T3ZMKJBI$B\EB4M31KN%!&W$G=R30.-.:1 M-"5,6 $T,CD'(HQ%]YAYG@1O:ZP+ZENR@>H*;%?*J$ _:>C$Z0E 5TQ->D^8 MD*\7#DG8R.>48XR=*H\0?8FP^Q#_2UC,/F2U4BL(1="-Y83)'4$?#J^B(D0I M"3O*X%FMEC X#9FP9P>!KKK(IL/*!1P< 4S]CA^.%KTG>$$&@@-NB+[OD#=> M?,ENL^BRQ^%DD#/15FIA<*8=Y#4E:,R4=!>%XRTXX)R, F$\>%%*Y[90:"-= MA;U['D6-**58=5H_5DBL-#FN";E&,#Y 7Z3VB2BR@V[GP$T5-> T*),4XE,U M$GO&*Q8[^G]W3OE*Q?/.__C#63X[_>4I_U _*,WT,!"16-^M5JI4G"NZ4U7, M,"+P7=NB _K,(-D>PB(M\"]0U)[KC#?TV<(V],T0'%A>Q$+X;CRDGKNBDIJ" MW$/U)[FUDH72"E7!?7-0S(C=EDH&4.'Z?RBAU'#6J\@]MM'1238_')"GV>GP MXOMI]XHX'\H"*2]+UR$J.,T/G9YDQT\X':>!@I(EGUH'8T>B5V/7ZLAROTT. M.6;B.G#BT"\>Y5Y@7.";C[T8:IE2AO&%//>9 1*?*FNCO@&Y;ZRD8Q]6K+_> M66_3D^RKR1]B'(K>R*WPF"L*A21-0$ 5E1P>12=, ("&[H.8Y?T4Y#8 B32B M(T)!?;'QV.(H4*U!4T.)AS5K&X=9/\,D&AG=]-A!/MF[%C7DUO'R!U\L2;HA M#6^'^^5%NE8];$^74]3%&BTM-*U@.LU.WXZ$2Q>^M BVC9>LP@9)CC3LR M.=Z [RMKPV[!#H9;]_)?4$L#!!0 ( .Z8XE#X>D)P;@8 #T. 9 M>&PO=V]R:W-H965TMBR?;> M@&23MD&R2)"D[4/1!UJB;2(2J9*4'??K>X:2+YO=I"CZ8O,R,SQSYD+J:FOL M9[>6TM.7IM;N>K3VOKT8CUVYEHUPYZ:5&CM+8QOA,;6KL6NM%%50:NIQ&L?% MN!%*CVZNPMI[>W-E.E\K+=];UX8WURU8B4_ M2O]K^]YB-CY8J50CM5-&DY7+Z]'SY.+%A.6#P&]*;MW)F-B3A3&?>?*ZNA[% M#$C6LO1L0>!O(V]E7;,AP/AKL#DZ',F*I^.]]9^"[_!E(9R\-?7OJO+KZ]%L M1)5S@91;L9?_BY0?9&NN57M$?SQ?.6^3$G]\Q/SF8GP3SD_]' MXG\V0N\ZY%SG(.DTFWB QV+ZBO!!S3*#8/6FHVJ8*\6"VS;C2HQ$;JB2H$@\YMNUJ>L= MF:V65=BL(:8=)DTXINP/B(AMF2#1 '+)YE=6-$C:542BVD@P[_I)V\)(<+$_ M3\&$[0N45J)A%PWYM22A+//$H*WRZ 9!W&#+]M[&EV(K=K2TIJ&U:6183"Y) M&WT&*0$W2E&S^F>)[G6@"+1H;@P;Y7<71R;ZBI,6["A=UEW%!,..LM0*YZ1> MA;W2RFV$GM08+T/;P6I YDQ=J2 BW-[-10W\6^77]%0]H]_5V4^*23L<#^($ MW4;T1@03;[JS13 E/'J5\KW+X,=*#HK@#F$12V0$$EB[1CD7B/1KX4EJ/@_- MK@P"/8NOF5XM$:.:&89=N5&L%!%HJM#F<<(ACFYMVI;]#N=:L9'U&0X$' [4 M,3EY^ZF"2T,J&@UL(*#S1SBB1M<_LLJ 5,-LRP"L3\60]F8Y\!QR@4T=S/;4 M'OC?IRJ:+[MC=^>A3F[72B[IU1=9=B&/WBV7$+)1..@6M2/TCJ.?3"\=W;Y[ M>1>1W(BZ$YSD2Z6%+IE<'!IE]#%/@T_P@02J4+C.2J86;-:[O^5);SCU!LBD*-<#TP\H>=A0^M+$O^20 MA-Y#S!B(6>&Z=Y[6Z!.FK[ *M\_@<]-*K[#N!MMA[YQ^,5M0A8"<:(%37)_L MWPXEZVDA$?\J](9-0+SL/#NWEUO(4G3N6QXJ!]NK-9AEXK$;$DMSFH%L]!=S MO[#W>4E>.#^$#$^;I;02YA"*YW4]-)MC@IR6@')#(J TD!2'J'!U, 94@ZI" MX>#EH#BVD%@:+HK06$*M]N\A]7=(L9!+ OM0\2)Q$?[-=6 MHJ+ZBUCR14RX1A'O_3T:K*9Q,D?5:HB;SF'%/;L *E8]O<._5@UJ'WIT%X_= M+W1V1F_#Q;#O'!_W%\H3*F91-LLQF,51G,3WFB\K'D2+:906,4WC:%+,'HB] M^JM3;2B*690#5%)$R209ZF5/W1-*)I,H*?BXI"BB L!O49F'POSO\/,\RO." M!].H*.;?AH_]:3JC(H^*^*&71_A3P,\HB:-YF@_PRU.(##V-HUD\Y5$&=^83 M^CGDPUW(A\=]8*UHELXQ2-,H S7W(."\')OXBV>3X=A3HY1F49;/*$NC"7"] M"WE_+#3YI>5KWW%TDCRA/(GR)*>W;"!QQA_ M>J3O^ "$F[L/G77?^+:H0KY%^W)Q#Y+VJPQ]*4O9+("X7T'4'Z;\8#RISS.)Y0,4' 8TY4B[H4?%4/ DC@:4H< M0_Q].O40U9#Q+N=3@<* K<=>H..3)STZU"I\N/ ;L-.^?]T?5@_?1L_[3X*C M>/]AU4<7KSRYA&I\/LU'9/N/E7[B31L^$!;&HQV&(5Y.E;0L@/VEP3-GF/ ! MAR_&FW\ 4$L#!!0 ( .Z8XE ?0VK)-P\ .&PO=V]R:W-H M965T^B!07P+E_YX)]MC'VWBV5JL2G M55&ZYR?+JEH_N;APV5*MI.N9M2KQ9&[L2E;XURXNW-HJF?.F57$Q[/K62]O&E*LSF^?5 M\OG)]$3D:B[KHOK1;/ZJ@CP3.B\SA>._8N/7CL8G(JM=959A,SA8Z=)_RD]! M#\F&:?_(AF'8,&2^/2'F\K6LY(MGUFR$I=4XC;ZPJ+P;S.F2C')763S5V%>] M>".U%3_+HE;B5DE76P6-5^[9187#:#K]XX*VT/3$:=,2P/^Q_X;Q1(^F(SQO]MJ2OM! M]RA7R5FAX19.2#&W8[FZJE5:I;J =5\!K)0;34RDJ; M+1_YJ+S1HS#S]+A5PG./F3YTA'8<4+FHU_B]PBH8HG1K:569/=*1NES7D+HR M_+0] X\D(MHYH!;X*+2/A7O6/B!>"*^GSEE'Z =)3[6IL+ZM=49]*0CKB F[;VJ M'.M%YZ"J,UEX%AVK-S*I%52R36+X)1)TH-,K74A[Y+A]+CH'SFB92@[4)9R_ M]KZ%4Z(0U5)6K)[25.'H#E-=F5P576^UUAR5RI:E_E@'2INESI9"%@7(+$H] M!U$8 ;S7JS6M]YHWK<#:6]]3WU7.",JY3<@FQ)C-VL%]*]A4.CA#J8X095&. MTX1SX)RZ3%:D#"-54!ZA&-%(!8K=+%W K/C#!!P8BM9K25K=F+K(F4E0)'-0 MY!'E?>_M<<3OJ52765'GBL\ 5>/%B4>Q16!PBD6"!6@HDVXIYO#EYB&9+IJ\ M/;DGWK0ABV!,8H$89-_Q@GDA9@IZR!2<(:>01&HMML)P+34_X"B>*[AK$IGD MHPA/,KLX(P MCY#OT:OP8ZVM5R'60R/"8-G1X(8PK2#14;>)I4">_XJB(0;T@RD>%#,!]D$" M[I-):Q]IDU^_G3>2U$)L;*RN5#FW-)X[27<7MV3'4HOHS%%%#$[I$-M5'<3OZ8;YME"/.Q?+= M4JIKRACA0_$U1%C-8 __^^!:L,!KQ4B+\#C+P:@,QSOOA:9VV O5>&^!EP,$ ME.VZ);FQ7WG^1+R4!5<$=US2OS.9QY,=/GZ@].#$^R:+W?C\<1L2P%G(?>?B M+D'3[YERDJG>^OP<5@\/K?XIA=3M]:-S\:Y5[A,$"KL>'*"@XL#5O(?EPQ[P M _5H:X6**ZS^X"G( #V/'Z%*3T@$8#J0OPS]XD972T:R.\B5=W]DJ*;P1J-:%:$>/Y,N MR2"PU7>PG1CT>X3Z*QV F%31*#!C4)^9!W6^G1^ &0;U]T)6/CF0EAE.?[K] M-A":MTD)"$2TSN$SG7Z_'TU!13,H9J .&;P.-TM5,@_:E\94LY,@/L&'>CEP M\:>=O>I3IE0.JPTG_1[( '$\*6_?-@M"QX/+'4Y^-Q=LFZNGQW@9];=YZ8F[ M&NB6?6L *XC!'R-LY5D21A+R;G;8#PTG[94$A2L6B.K,=?*:I/WO%\B M=5"2ZCKV#%3=!UV8E9;%(HT*Y80)M"X;:?/#G&QGFX.<>'?-0'A!57C,H&\,V90N?,WBQ MK!]G[=$]6 -0H;+Q!>]>?4*VX/*O$=M%N0M3+GQUDZM9%>O$(WRU=45C"*[K M=O3^=:5!6@P@W^^IN.'F"Q(7!G$_ MEQF;!)T'EOU-EK6TC\3#2)S]^9S@]%2,IY/.F,%^-+CJ7(^GX;?!Y25]FXSQ M;;I+PBJJ6HFC#/_JZCBE(5-" $[[G<:S/KTQ>YR=@G<'G:N1U?-QZAS.1WY M#U(8\*\SFO993?W.:#2B/'6%1.**.*(E(0LTU.F$? M[N27<(0K\WTP+<+G*/(13A-^78= M<;<]BP@L)7NI-6S:4^1%V\6"K@=*VW3H9.@O,HN(T^@N/7*G70A20KXK:4>D6UF:\BN?9<\5-$?ULE48/ MZ?&05&BL7H"+ L&./U0GAG218'YMU\;YYO!T,.KU$VP-XH6I0?X;T+0%F8ZS M"#;P!*;_]*;-[=3;=_$DDVN->HH7#)YZ1(5A2VK8BP"< ,@*0%=RM=0D]ET% M,3Q/A[U)P_L7.J8#\-SVYDA3IL7S,*HA2*>**F%EC\]2<81X!*=Z@321&1>@ M/XY4J!LT\ G25U,54K>*>&M"K4<@\-7J^$U$@2YHJ@+A0.^(I*S!P73:N_H: M%0:'H/(IW8'EJ-C)S6'>[KW&RK-@_O=O_Q[L?([=B$6$7O#A4**VHJ*4R]2V M)MO!KTH<.8P'9%6AC"%44"5J7]0^5L:4&P9!S6\\W&[B\D 4>$6,>]>M'G#, MZ75OE,1%FD7C&.5C+0L]]\/LB >A+].AZER: J#B0D4:S1ZKM/])E(DSIU3; M6;SQJJ"430I:A'KB'!XX.892>_YV%*RE>%G([+[[&D]DV?U@'EO;6T+3=S = M5>P\6_0VOE>/<50?Z+6S85X6)VHB@^O09X1;OZO'"?&_ NX+V+?<'4"M"&NC MV?Y=Z'\#W]@+J#:7.PH"FB$5CYY+1]Q##6<:)="H-VY<<-[8C=S-7W60NUAR M9%3NCE"@30.QC[[!^073]7%L%=VU.E&7/&^EW@"I'Z>2JSWE)6>:: ^F"7&Z MGV'ZBB?E*JFIK2HDQQ-IUH]S'3F#I0O-KIEW>?#\P/- 7II,&>^KXQY42U+Y *YMT!DYGME]QK.IKA)XC;YJRME MOK#PD'XZF?8&VVAPV4]2#9;49=MXS$P"]RZX29H/=N'C.U-V6W^Y\=/"VZ1? M2TIH#BIL: >$+WE ^"&=#?NMK@F05;T.JU19XA_1@*S\V]_'G)^FQ\PN--/%54$=$4;WD.1WP?*7$-W*U?@J\ M]-,?5MF##[B8P>I2^SZU7N^ MF(4V*6 (! YC?S\K1F.ET3=N'=B,['DA&$@?;H^G8"3F,)60B+-\=VK!I7SC M<'SCV-X1^'O7H$^&3&.;4J!$1U7AFFYWP)D:31^19MMS M>[M%910,1YE[2A(F#C;Y=BZ, QJY$IQ4EM\CH[P*W6_X!MEC/[D>O3*0JXQ> MAHD%=0,U\!RXI$7N_<57SZ3H0U ;H&C;O]*)8@M22;3#6^V"Y3\=#I/2 81^ M&'!(]I(R?$@39WZ+C7:D%RLW[0WJ>Y3_/.SG5!C1EWRK=CP#0'53MX8ANP1 MV[G3#8G%A1=7NJ.0%,^W<^E6^.P5QLW8Q=?R+BKXE]L[MM:=I%Q/U>@'5;#Y MQ5WO7:]I!IOG34OX*UI1."NTQY6+G\Y[XF#]2]B\.^5OF(JQ!@^1OJ\A[ DM M%L]&VKO/2J'SMM(^;FO!7ZDKOILX;%_T4#NE83I 2:MAPH)]_822*:F5]IM+ M[3<>32<^R"A;$$M?EU5B?1&KDJ-Y(^35%"%9JK;[3I()VR,FE#5)N )^A/>Q M0D)I8N_0*W(7R8OSQK^\V"[WKX!"E@6U-H6: M8VN_=S4Y\5U(_*#XWB,[P#Q%HWFU]\2]02P,$ M% @ [ICB4"G@!K 5!0 \@L !D !X;"]W;W)K&ULG59=;]LV%/TK%UXS;$ AVW+:IFT2($E7K \=BF9='X8]T-*5Q88B M-9**XW^_^W'.O22/U\Y?A98YTDUG;#B9M#'V;Z;34+7< MJ5"XGBU6&N<[%?'J5]/0>U9U G5F6LYF+Z>=TG9R>IR^??*GQVZ(1EO^Y"D, M7:?\YIR-6Y],YI/MA\]ZU4;Y,#T][M6*+SE^Z3]YO$UW7FK=L0W:6?+1WVGDDJ63IW)2\?ZI/)3!)BPU44#PI_UWS!QH@CI/'WZ'.R M"RG _>>M]_>I=M2R5($OG/FJZ]B>3(XF5'.C!A,_N_6O/-;S0OQ5SH3T2^ML MNW@QH6H(T74C&!ETVN9_=3/RL K\+?8E?@(OE;/.+OLPY7@92M MZ0LJ]1%]&C4'^O-L&5!V%?]Z(LCA+LAA"G+XOUG\+WAZKZVRE5:&M$62 X8@ M!HJMBM2[B!AH'?^*9GKQE8<&LW9%P(+.P:%24I-R:_5 :EY17)#Y!W$F"XH$Q%T8D'7V^;A,?>_=#:"1D="SP^((KHP9RQ"MHHOP M^[AB,'OVXK H=[BU"M2R0::;Y&"K#C@+NM905_+YT$A?>.Y5]!K1QU*;P=9! M(&!65$L>DOXX;,8A&#MJ RK@ *GX3%:O1+K*=7"F;D 7X")LAN?GVX"@O)-N MIDRC0 @!6*:)K6"Y::#Q>J#'' MA%H(@YS3@2/V>V6+4*!PK_I4WE;E]=@[86@:76EQ)!F,9""GL6>$L=3$(#LP MRVC"6T0;2SS7- $HB;5/0"8K]8;"0L!QE8+7+O6JM*?D*XVVZZ?]"G&L#M 9 MS9XJ210:K9;:Z+BYR[[/92B23O-IBKL>6ZSH(A)GKO7UK0X%7:0S#JS>V0/I M+'525&D6,94^[G6K%[*'-!(KMD)2FF[OAA7ZUWME5YSWS+0Y7.(RTJX9F]^9 M]K+U@OT/MBKHIQ]_."K+V=O[!FEA_O;G1T9J;]^3ZJ&3I(Y+C-ANL[N?6L3& M,![J*%A&2(FH!C>C\(9^;SWSG>/T^[ IY/UDQ8OZ+HD\T-M4@#V@& M%C8I)1)OG2R.@%^\QL]O:#;9E&YK&0\-3MLTK5*O2*\J2_/9P?V$MITL6Z.K MY41 0PL>A-\_?ZCQKGLH=?3I%DCSEP=)E_FK@W'6QI@/'&A2,VQ8@=V'U7T' MVVZ)&O+7)#5"];E_S:9XZ-8PW;N'@955NFU"<0F?KV2[K[L+[5F^Q]V:Y]LP M4EKAA"+##:"SXA7NCS[?,/-+='VZU2U=A 3IL<6EG+T88+UQ.,G&%PFPN^:? M_@-02P,$% @ [ICB4 !D2/B)!0 \PT !D !X;"]W;W)K&ULM5=M;]LV$/XKA-<-">#:LIS$;IL$2+)V*[9V0;RN'X9] MH*6SS84B59*JDW^_YRC)EILX*+H-B!Q)O'ON[KD74J=KZV[]BBB(NT(;?]9; MA5"^' Y]MJ)"^H$MR6!E85TA Q[=IDER,BRD,KWST_CNVIV? MVBIH9>C:"5\5A73WEZ3M^JPWZK4O;M1R%?C%\/RTE$N:4?A07CL\#3&6-<+0XZUV,7EX>L7P4^$/1VG?N!4M"=R6LA*AQN[_IF:>(X9 M+[/:QU^QKF7'24]DE0^V:)3A0:%,_5_>-3QT%*;[%-)&(8U^UX:BES_*(,]/ MG5T+Q]) XYL8:M2&<\IP4F;!855!+YR_1]YOR",&+Z[)B=E*.CH=!D"SP#!K M8"YKF'0/S%B\LR:LO'AM-7VOIUF3X)^$ZZ@1B/^B)-TN0)O/$F MSG'$&^_!>RV=46;9"5+\>3'WP:$L_GH"_VB#?Q3QC_XMC]\ (RZE5YG0UGM1 MXJ6/+Y47F2W**E N*H_81%B16,F?"5'E[; &$E MM;[?XCU Z8OU2F4K7O#*1TOHJ>Q6V)*G M8A%)S*.*)ZI3(*[!\HD^DJ&H?% M./U,1EV1P[[02LZ55N%>K*5ST@2VU]R!*U\!-%BXK5PN2NF":DB0668KPS:! M+*07]*EB&&7@3(6AQTCP&7P&-=>P2T9!TB#H&F$;*>)G4S**-4&OD DQ)S*" M[C@,-N1LL27_86HSJ;-*RS@KURMHLNPV/ULZ? 4^FQPI=B:HYVT"!N*J27CD M";'/J26B*FT#>D+11TP(SLL QS8*#Q!NY9SU3IDT-U?.-5I M$69L("ZT[BS+@LL$"G"*8KW,>1_M)ECF?V.;:"J)W;@A5 WBG,44S$HP-^!R MQJ*M//Q!?: JJ P/#1V^1*".:&><"PQC4--.8_R,7HCW;2P':'9T?; .RINW M/WPW34>C5X^0\$P<3)/^B_18'/+]>-(_25[@?E8S?Y"3L=CH&L"/7XZ6)D'[ M\#/%8"<=#2:3VN0H&:1CW.ZFM!UBHK74Y(4[\[/4G<'$?#UL MJR^*D%^A%TII[J.ODU?^L?RCP"&I7%V'\:BSMI7.NPGN%N)N(K\^7:^+4MM[ MHMWIA[4QKF/><]HAR%SNF7AB-$G$="+2P>3X^_WC*:^(@8\A/HW7U1.S"NDX M%.,3_IL1.ZXY#=C\C+D7']M9>I >B@F2QE=7#*'>@M0=N6/$S!<#OS7LIFF. M@&O5=.H,Q9XCZ,RZV/HX>P9-/'TPORDFV,YA089Z@,<)AICZ29)LMJ<%=BBW MT[TL^N'=3_7X9!Y570<9DAXW$E!,CRIR/U+NQ;/T.!G QJ9 ^A%G=/+_6QXG MNY8'DW/1NPVSJ=:,\\H4;E<.F+^V+3)5"EU,V/B MT$6J9F ?COZJX/'[6#>(H9-;WO^*.9.WM:T'[G;7B"HR0X,Z>K3A=D'J M3XSZ(=@R'NOG-N C(=ZN\%5&C@6POK (JWE@ YOOO/-_ %!+ P04 " #N MF.)0Y\+\!8 - #W+@ &0 'AL+W=OOC@HI#9[;U[QO6OWYI6MJUP; M=>V$KXM"NO6ERNW]Z[W97G/CHUZN*KIQ\.95*9?J1E4_E]<.5P[UW,7MY>4SK><$O6MW[WF]!DBRLO:6+=^GKO4-B2.4JJ8B"Q)\[=:7R MG B!C4^1YEY[)&WL_VZH_Y5EARP+Z=65S7_5:;5ZO??-GDA5)NN\^FCOOU-1 MGA.BE]C<\__B/JR=G^V)I/:5+>)F<%!H$_[*SU$/O0W?'&[9,(\;YLQW.(BY M?"LK^>:5L_?"T6I0HQ\L*N\&<]J046XJAZ<:^ZHW-_7"JT^U,I7X]@[_^U<' M%ET[DX#9J:B&JEQ)4M2FG6 BL4=@AM M0$ :\2VYYZHCO)VN+*Q9]FD%PLM:.@EBSHM2NFI--YVJ;'B:@ZQZ^ CGIN)* M5WHAS>U$?)A>3"=">B%3>+(F"U!("@2_J2;B?J63E2ALJC,-QHGJ.(/W&H(X MY4M$-HE!*S.; U\T,:Y]I/:TUDI0X#$\?$BH0OW(BJ"_ MBS7E0>M@CH;=GZ@9!5/F'I@%1!_L"$G:U3K1, MW!B-,\QS(Y9A. )9_)"5T%X5%A@T."(?]>0\+YV7_? MDCLJ6PY5NZC3)9JCGL[8FYEY;=IP>R RK]G4WPR;QO45H_IL0*"GL%F#C'T9 M&H/20<82UGZJ->$B-$58W:0((HZF01=U,10.^.LKD6MEA(&0N8(2@#J" ,BV M45PI+"J5TS:-C@*T'_K*5+Q#BY7"2:'I"9#>^5J:%H5VQ=HA9A*KA/1I2V:E M73HDT[/Y=0V.T*'U\3Y5/G%Z07:D!O09!W.D!I@U7G)WR&R L4GZP!4ZA)JZL?=0C$>U,[1J?DLYBO6>U0X);,4RF=]I3UHS>WUA]GQ330"@JEDQQ^((#M8:5 MK-A4.#'..@X-42IGG]TK=-J&;2!R802!R:(6KH/L'84ZD6H]O M&2?-5(10"Z^A=@<_"_J2""@8CH#V#K>!N:JIB1HBP3S,"7L&2+K.EV59HAAB MFY9.W6E;>X+OH)]0HC&ODZ#N "X-_Z&(.KR2A+=-JB]DBSGG)>)O6(,L=LOI.^I 6*B4+E+L3:B%F# J(2Y)T52,D(-SQ*]PMBBX=L8J)X'V7>\1B2BAK$E(4YM0HYF]^MOV 5QI^)BFR*1 M[X%D*%]:I5.?&4NK:)1!#;RKB7%F7:V@B" PU9P;K6W'ANYY /P.-C1Q[-S6 M7U% \M#9Z3GX<2QG+PWT18[+0J-+QHASO/6@$WF":>B\;899T\/>VNE32JQ! MW6>?UK8_N9SKM^]/W/S[VWAR28ZW,A)UPQ6Q3'RJ,)*6AHB(O7W O$=W36*A M1B[Q1VGW-YK*[5W21HL5.J0-"D<# G^.#C:,^S\;&+S8Q;3#@<&F?PR&#G_. M$_ZC><+U@U8=0J-\$]_33*!%LP"1*+?5RN9;>O-=V^2G=> ?J;D! MY4-KD5 M-TB6_.;K YI1QI47 5;0)5&^3Q343LU9KBI22.N#W\>2ZL=^"'ER^2P;I)4; MNM/F"BCR@_2I_,2^-^$7P+&QIV[+6/.IF+=KPK.6KV?3P4"QT2KU@ M,BA(V %(9&UJD,R;DL^P,\5#KT)FIS"[5L'!4W8 =SXJ_MW6>/@ K*5R M;KK;!'D2')E??;0W9ZU[=P309[9Q%GX14+I*(NEX-J,ZB'L4*[0,YD'\'$U.$;"G9Z=BPM-M]C5)_5)G[:\. MD14/9R* XO@D9BSMT^$/WQ/_M&6M9*HD6)X'WIO"!0TO#;7R,&I(-6,)EE%0 M<7_=+>X2BG()-0E ,TS+#8A&TP T(D MKR$]9"Z41E2:!W-('QL\-';[^ADX'UG$4=^8=2<_.6=5[&M0'*CJ?F5CXE]) MBBJ>LR#JJSS4('+C]!T/A/(0[#+M5VP\&B[E.A1'G4)0(69D&GH7WHR"PP!8 M43_4-KX/.2D(97$8E=SI^/G1NG<2&('B0A?T Q"?2ZQY+ ,>UU%[#GE3JN SX3,-'B7% M\F.WM ;K]G,9O7X@9V.,:#L'R@J/YK1W&=S>^>T/1E.&6E4) %(KC MP(3IUTM;E0+LD0 9QW?:B@-"A2XA06GGLYK>;\)GR96:5PX."--U2L">!'-1\=77UO!=7S< M/>A]C%PHM^1/KBDO(NS"=\GMW?:K[HOP,7.W/'P2#MTOD2E0!&;8>C@]/=D3 M+GQF'2XJ6_*GS0M;5;;@G^BQ@ *T ,\S:ZOF@@YHOW5_\V]02P,$% @ M[ICB4$/^/!,:$P LS< !D !X;"]W;W)K&UL MS5MM<]LXDOXK*-_4G5TEOTA.;$_>JAPGV?7N9"9G)]FKNKH/$ E)2"A" Y"V M-;_^GNX&0%*6G63VKFJ_))((-OJ]GV[ +VZ=_QH6QC3J;EG5X>7.HFE6SPX/ M0[$P2QT.W,K4>#)S?JD;?/7SP[#R1I?\TK(ZG!P=G1PNM:UW7KW@WS[X5R]< MVU2V-A^\"NURJ?WZM:G<['P[S%1* MNS1UL*Y6WLQ>[IR/G[T^H_6\X+,UMZ'W69$D4^>^TI?+\N7.$3%D*E,T1$'C MOQMS8:J*"(&-WR/-G;PEO=C_G*B_8]DARU0'<^&J?]BR6;S<.=M1I9GIMFJN MW.U?393G*=$K7!7X7W4;UQ[MJ*(-C5O&E\'!TM;RO[Z+>OB>%R;QA0GS+1LQ MEV]THU^]\.Y6>5H-:O2!1>6WP9RMR2C7C<=3B_>:5Z]UL$&YF?K@33!UHT57 M=:FNQ4ST[-K.:SNSA:X;=5X4KJT;6\_5!U?9PIJ@=M.GO1>'#9@BTH=%9."U M,#!Y@(%C]=[5S2*HMW5IRN'[AQ F2S1)$KV>/$KPO?8'ZG@\4I.CR=$C](ZS MAHZ9WO$#]+8)_-_GT]!X>-3_/++!D[S!$][@R8^88)LB_P09=5FK9F&46]F: MON(Q?;UPRY6NU_\1X$HU8@]1UHSX25OKMK2-*96M&^/M4A4.AJD#?L&G V4 MFA[/;*WKPNI*!6S%%():Z!NCIL;4"AEBI3W6.6$@Z*6A\ &+.FSPD';\-GTD M(7YW;;17AAQ&O3&%64Z-CR8?_ZQ&[+ZV+JJV-*JFV*V0/XK6>S*B+K\@K(1> MC9=#("]/E&?:>F*^T^ ]E27%=*KZ$16EC9J%-T8MQ?=%%'ANLU ZIFRR?6,L\( =HH3.;F@;[Y8/V'](,1J0++FQ_KRN6_!U95;. M-^1@E)_5^&C_[V"YPANWMEGP.Y\.K@_4-9G>-A2WY!AO[XJ%KN=,<&D#5Y== M6KQS_?9B9X_HO==K-7X:U2G/6)B\S\Z>*.2?5D+K M>O^_6%MK53IVS!2:8#]YX^;>,^<:+(4 WOS>6E+-=*U("&:^@"]4IC'9=;;I MES=%C7?><&X+_ZR]PL*U%1BAX-&L;[SSI:T%7V1U_9G$1C*+O WQ#"5ONO_0 M 0^0Y;,O0(<7>0=BY>,@D?^(B,DTM&-TO+"1 26[XN?;A2/_<[5:+K(KX30UL$1>6L@X[^U 6!J2P #O%V\$A5?9JKZM-'R^&5N3%U M:^"(A0-Z>:BF_C 15FY615(1.:4F_3(JB($;\1O2X>W"D%\KO5IY=R.6D)7F MSH8F2.WUA""SNI$0)&7--8R2U=A)+O8",O'H8R#DFF>EJ9 Y6T9"E: M65%_0,1AF0< :&R8D4 KXSG8B1$WK>Q..Q;XADBF6AH2F*V2)A\"9N[P1H0;Q0EEW?/I\*'<2!+]9B$;VP%LS _64 MB2?RJ5G;M+!P:%=4.$"\/%!OLXST.[6DC+(7\%LHGA ;83HD8FQ,6!A&MRM) M^5FHQ-@(NO1?#>NQM!U_M/T4RE1?VG+.BHZN@*T1\>^^%XR.MD9"9Z5^WSY=O]L<_=[['E,+ LJ4IV-/(H)4X'K1=484: MK(N($,L<^:6'2#[%<>A[5<$(0,]FR)H#A^NE]!M=M5%'YDX34!GU*(!H]J!D M>BH7A":,;[2@"J:4P4]ZO=>.U"WC;,K8AK-=8+;-7$_7 B,TE2'D;\"550N; MB)^DD,O<4I1EDZ,6>Y@A,P9/H94UC5!N*';B9DGI-USO.Q^,E+OU+MI/WVA; MLLB0W7.W24V3C[1$)UF.K=F)P(@"_Q)-?HK^!=5 ML[!P6):/W8D1R%8QHV2I I#+6I*:MM@_45VBBR@M7,7W?0W5)+= MEBH1$>UG+?:J.V8@)<).)!;D$>[C?IM-5HZI[9(\ K=.,MPZ>10I?8;39P?] M"\HU^QZQ>XE&NIY;LOTY[-Z$;3#L_XSX )[%1!PO*W41.PLB5%DI M#XRXV%/*SCEI8;!QBLB(+Y9GE%FMIFT OX&AUI0 ;&IBNIK!B3T&(75Q A(Z MXMS?)#($_CGVPXKC",&.!)WEE.%&]S4*,Y0!"2[1O;\VMI&,;**[2N[L8Y8/JCV1.N8IT)+F*L#2($FYI@YFU%10P,P0CH]T91)(I=+6. ML[$\[2AT6* FN-M>]@*]+W$6LK4ICJGWGL5(W9?W+8*\#= (;/5'+_%:WTL9 MF>T;R$3$YE+W(TK:Y]JU-,W"98C%4M^E;,%M0@.U,-B5%?1C'X-Q/H%* :4! M_DQM9C9REY4!2TT%SY#?#X09Q,5 (MC6X1VQ(E 365ZCE2"XW!,V[9&\(F4M M">,O37]M5QT,6Y-W$>%R'>'8VUNK9$&" [)[L0 FLZ+F2FQU7YG@EK'EV1 MO39\S4$;D%D7K:HFN3A$(5IY%I"EZSO@^4/$^GR*0MLKS@#G!)DRMH MJ&Q]LO;,4>>B?F_1[TE%Y[S0&[ZIW7O3-1$$6\77]JCZIRZ3- RE%$7K&144 MUA?M4EJ_D+".- R%HRN5 "N,\@775'](A7PO*,@;4J[=U[WQ:T7P3VLGV8ERMFXU- M'ZMYI[GFG3Y:EBYK9'RC/NH[L[6H??_;73MGY==&WSV0V6/C-=2S64(V&F-+ M_3=LZ*EI;FFNPDYV?]BSJ;1!:=S<,^'#N)(5*HR04KLI58]];]!LU/U6M6%1 M.?/$^!'VD0@J^T?,L=1"?D%T!'@FMZ65=*S#^"0%^+)7V+G8WHJ'=ZU?V=LZ MR18A5O24U BTIUQOJ M[&*[A;VYNHEN1K'-9"I;[<;#@'KN> 7X7E5(&]Q[-P0"YUS>KV46J7NMRS#, M*QI1RIPDK^B:N:EK4YIBW7>M\3:5=?TPI:,P:.HD]N50)2?YK6;9;'!CHGQ( M ,E?U'E#&7FBYCSA(FI6\6,"_ISD%MK/C8 .TO-]?XG]-O>MD"V60L'*,'A; MI_Z+E>XBX',U'9_,*-$_Z"9)E,&+*2<&* 94J=RO"%&B)4P@D29>\AJ'88M" M'P\J!AT5 S/&[$!D]MY MALPQ:U%]+Z,O7QA'TP(:8K)@\>BK5!X!@+9#;8J M4GAH\B8_%$H?NQ!D$-CCL,=X4+N?/KX.>T167$QF6WWL-Q/CPX?$46-[6 [= M:00[$'P:S@_4\XB1XG087-4FQ*D'+O.@5T^='!7Y-AW=DFE(#2N#?)3Z&E=8 M#E .I^T>'Z2KHJ0!U<7^9CAHG_,<-VY%PC]MHKS MLO!8 3[+!?CL&^/YPFQ<2? NB27['A>.CX:XU817=WF!0.ITX]OPC2B,7Z% M01_>[;=:_4T#X"&?Y_'7+=P\,G%^_8E.<4[VQ\3D[UGZCT2'3+P,EIDN)+.0+<15*EMB(,DR7[+'JG>,#() MV?5(LD_ X.F\2*\/"4!%J>FT! ?)X6MPN.6[0P!H9F'5'[Y)UNY9GZ4H9 MFB*NO,N-+\X?LRK(,IW75ZIE[G0Z]FR\GX91YE)D'R^G>.MB+=G&^1-PXZSM/9DYQ( M,,3X29V=C28@_I/:?7ITK/;HE]/1Z?A$_<:G(W0)@LTN-'Y2X\GH[)C7C\=C M7H]?3B=G<7WMZOU[[TQ.1T^/^)V34]EC<@(J)^HMG PH IR)Z2G3(5<4T!-M M,!J?3$8_'\DV^#HY.TT?QR=/1N.S,WR](OQ!V9B/;LX.^IZ.AS03EQG(>81 MN5SQ=?ACC,C3\=D>\Y".E=B;+_)PDK/K13X:BF^='%$<7["G%_%VSI+/ R56 ML2,PC-E_K5,2[4X7/NAUFI[J3#E'-T4L.7U(,_)$E$8:_6ZY5^_B'1G!3X%& MC M7T:15WX()'D0AL<><=;9_=/J#^GD^%(X-6@/O5FYMS$#2#_% LTNLPRK7 MSY_97.,S1-G<"C#>B-^(+GJAPW"=D$"I/7S2\F&['#W3@15="J!93XS(FCO. M/W6 SFXG1R#?X7-'8/@7F5Q'S9T]F3SJ(R.>G\M1D"J P/(Z+@*4(D!"^C4G M:!D2H>$%(N#C&634*E&.3C%O+5\W2: LNP@7=BBN79' @[L!LYRAH*$EX(=W M+1VO8%.2MCO#:6B0S>=C"UZ"_UVZB)&N '"X]%PP/%.[=B_/^_*@Y-X8IW*%M=PG8[-N6LB2 M39[SO&N_6:\D%Y66]1P] NQ4;-7G_!!;8 \^VI9:0D?4J!NM'PY+Q0,F3X$: M>ACC(D);OKKD/7B_$*LRB/IVH"#=_C\'RH^&QWD[IUZ1TLKV^."$PR")+/Z9 M+=Z'/RE6)D>(E3=9F>J=A_/2)>#]I+38Z_?67 D0ZOJ=!_9(J34"$\FLG>$2 MH(K MNX[9P]><7> CXC7>CX28FO^2)U6R4ULPN!]K^""MIWB-TU.JON7,KF@ M=#2#E]'$#P+H7NY,1\?W?6-RM'_T9"0X@08FZHJ2TQ7=\UIV:?0,KO%.%S36 M&"2[MXQ$N2!NIS" TE=Y9BAZ6[5^1>F+T5AFAKK37EH6U>+ME%AC7TW7FQJY M%T #$&*(SB:I\:0:S+,1Q^F29EZMAX;3?<"H+J*SRQVB]'TI,YHLU!Y=E(]2 MT;!(^2Q59YP\"3U0[ZE7)[C-=:2JUJ--G)!!@(AZ3TC!'AE2T%"V=V9/Y8;S M,]_$Y/M[7)F?T@0SP?DQJ^,9[WL6[O^^56.VT=Z],[A>]TZ M,YT2!2?NE$J^%9W0R65]8^(EZ_W8%?2NX>;&=KRW=>E[/O)BL?[F !749SSE MQ)C?/-X3)WE#UXJYR13_^VOTIY0(QD_W %4O&"FM4[Q<]M%'&I-GGD;YX['L MD4FI7;[C!ZP0VHRIWP*)\Y:_?L19?_:QRI?WHU'7_"KK';ADNQG^UZ;>N[D MGEU-R>Z?+DF/!,,9[:MU5UQ6!-\:NL^I_F$XO&(KB47Q!"!9I$M\W0T?H9.& M[5F!I*G6?R?6R)Q^!QJG*!\3T,DT^2[S?(JGVOR%).O.M]16!2ZEB$JG6V4M+"B4SHZ9!>4+ >1 MGM&& &0^4:U['6!_')FNE)%;8*4/DE<>N$G](PXR!!WC?TGWV#9_/.S](16% M-?^Y&-_ZJAOYFZK\:_Z+M'/Y0ZQNN?PY&RK'G&XE5F:&5X\.3I_NR 7?]*5Q M*_ZSK*EKT,WSQX71:&AH 9[3%?CTA3;(?Z?WZG\!4$L#!!0 ( .Z8XE Q M&6G"0 , -@& 9 >&PO=V]R:W-H965T$ ]N>>^4'I'Z9&M/"K$=(LHMK:]B:.35%CP\RE:E'22Z5TPRP=]3XVK496 M>J-&Q%F23..&<1DMY_YNHY=SU5G!)6XTF*YIF+Y?HU"'191&QXL/?%];=Q$O MYRW;XQ;MIW:CZ10/*"5O4!JN)&BL%M$JO5E/G+Y7^,SQ8$YD<)'LE/KA#J_+ M190XAU!@81T"H[\[O$4A'!"Y\;/'C 9*9W@J']%?^M@IEATS>*O$%U[:>A'E M$918L4[8#^KP"OMXKAQ>H83QOW (NC-2+CIC5=,;DP<-E^&?_>KS<&*0)X\8 M9+U!YOT.1-[+Y\RRY5RK VBG36A.\*%Z:W*.2U>4K=7TRLG.+M?,< .J@HU& M@]*RD"M9PC:4R;UM^5[RBA=,6E@5A>JDY7(/&R5XP=' ^4>V$V@NYK$EEQQP M7/3TZT"?/4(_AK=*VMK "UEB^:]]3*$,\63'>-;9DX!OF;Z$<3J"+,F2)_#& M0W[&'F_\"-Y#X7Y=[8S5U$_?GB"8# 033S!YA&!+8U9V EV>7S2C-3Y-\K)&:J>D$^88!07A W$?"N^8;)SG==7$7;WGDQCH:@/CWQ,T$+Q MMLZ;0B/Q@%#&4(4()VP9_MMQN-5S ^M 1:\6GB/EZ;Y7T^B3WQT &_9?* M4;G=UI M[=+/ L89I-DH'WO]-$V]/MW,LKS7ETH^^\\FFXVN$F\SG06.;$HH4WCQL^/V MWGD62D^IH'U%/6P]P2B=9J/K)-#0,GVR;!O7>[U0# M/ORP>(;;86VOPK;ZJQYV/DWKGDL# BLR32YG5Q'HL$?#P:K6[ZZ=LK0)O5C3 MIP>U4Z#W2BE[/#B"X6.V_ -02P,$% @ [ICB4*%.>:^'!0 >0\ !D M !X;"]W;W)K&ULM5=;;]LV%/XKA!<4"<#%NE]R M YRT10ND:Y%DV\.P!UJB+:(2Z9)4TO37[QQ*EE7'<8(->[$H^ISOW#Z>(YX] M*/W55)Q;\KVII3F?5-:N3J934U2\8>98K;B$?Q9*-\S"JUY.S4IS5CJEIIX& MGI=,&R;DY.+,[7W1%V>JM;60_(LFIFT:IA\O>:T>SB?^9+UQ(Y:5Q8WIQ=F* M+?DMM[^OOFAXFPXHI6BX-$))HOGB?#+S3RY3E'<"?PC^8$9K@I',E?J*+Q_+ M\XF'#O&:%Q81&#SN^16O:P0"-[[UF)/!)"J.UVOT]RYVB&7.#+]2]9^BM-7Y M))N0DB]86]L;]?"!]_'$B%>HVKA?\M#)1NF$%*VQJNF5P8-&R.[)OO=Y&"ED MWC,*0:\0.+\[0\[+M\RRBS.M'HA&:4##A0O5:8-S0F)1;JV&?P7HV8L;?L]E MR\D-+]12"I>IPSLVK[DY.IM:L(!RTZ)'N^S0@F?00O))25L9\DZ6O/Q9?PJ> M#>X%:_ %WAZ\< @W='CA"^$NM&K(%?BJ@1:0"=)+]G*P*[$]W O[2&;WHDO6 !QZ-/42]#&(_,W_[[ZU8M4X M-!IY(?$CZB4>!@3GI^&]Q6M,Q@8JH7$RA"9>W@NL"WD SD343S 7?@(2?KZ'Q/% XOC5)!X.S6:0MG>R=KM\FZ'>)E;X,9=XIYP9LY8'7ZP%I,.HU"'Q0- MFN4+KC6809_6A=%=?_T!VV"-?P=..#3(&R1D:8A/PSCN$80LZK;L1%V0?"FD MQ%C6X8[@#D/J9RDYVG)S*T;P,:!QGD.; ]\PCUO).D#:Q3GY3L-S^@F2=BM0 N;6N"=?@9M3>0HBI&6D_%/T8AJ-6DE:TMA 0-, ME-!RZ?IN# MMDV[3=!;[%K/W!WHE"RU,M@3Q^0:VM8)F:&QX7B6JIW;15O# M%W:/=)C1*$<:(9_2!!8[C4B.I^_'_6V?;;JK]T30[#LN_FE;="($S^WENX5*V>7_?U@N8-OT7 MP\N=)X2IR91N$EG]R7TU.486!4D)("JSQJE[?.2AT&.#/&]R#W" M\.41%GF9\R1,NV>:);OH,AU=A^ #=NDN?88X!G8WHV%WN%?.NNO41KR[E((+ MT"D-J?D"5+WC%+YE='?1ZUZL6KG+U5Q9^%IVRPKNQERC /R_4,JN7]# <-N^ M^ =02P,$% @ [ICB4*8LWWMO" GQ8 !D !X;"]W;W)K&ULG5AK;^.X%?TKA)LN)H!BZRUY\@"2;*:;8G8;).DNBJ(? M:(F.V95$K2C%R?[ZGDO*LN(DGDF_6++$>WB?YU[J9*V:W_5*B)8]E46E3R>K MMJT_SV8Z6XF2ZZFJ184W2]64O,7?YF&FZT;PW B5QEJ+14%6O$\G1R[GV^2&B]6?"K%&L]NF=DR4*IW^G/=7XZ<4DA48BL)02. MRZ.X%$5!0%#CCQYS,FQ)@N/[#?H78SML67 M+E7QF\S;U>DDG;!<+'E7M+=J M_9/H[8D(+U.%-K]L;=?&X81EG6Y5V0M#@U)6]LJ?>C^,!%+W'0&_%_"-WG8C MH^6/O.5G)XU:LX96 XUNC*E&&LK)BH)RUS9X*R'7GGT5,$FS3_=\40A]>#)K M 4JO9ED/<&$!_'< O:SJMJ59E=5+O*7\C,H,VCD;S2Z\/<"_LR;*0L\A_FN M[^[!"P8+ X,7[+?PW^<+W39(@O_LP0P'S-!@AOLP'7:I=/N6Q_8+WZ\$6ZH" MY2"K!]:2XUG=J$>90\T6+S-5UJH25:N96IHG2UGQ*A.LH'WQ7K= :,RK=M4( MP4H; T$Q8/!@MAI"5U4]"U8J*S6R= 9_\S@K)%[*0[3/+&I%+ M6'? 0FQRP'[X2^I[_C&[KEK1"!C',RRQ^U4[QF]0))P5I,$@>Z]:7HP==,!2 M-QB!O^7V7.JL4+KW^]J4L,B/^*-HP$@@':(U6FYQH5UI;+J^N'5@.B2*@JZZ MJ^M"@*M(AXSK%5MB'SC"LB89\G'GWWT;])*>UESF)AUXJ3I*&OB_Z C0;(GD M@/)=8Y H2"#T!N*#56./'C#?U5(M"/ABK-;M& T$L)/SR(E[5*BLK[==Y' :S3^*K*%C@5"@,GC- M,RK!5[CN-(D^BOO2G_'4?QDT@/9[>DLT])9H;WOXQZ!&WV7,!=R(MB#>ZC;[X8CVM&@>949Q?!15 M1^U^+=L5$^5"Y%3.6\O%'YVL33U;'QP:NFM$IAXJ^:?(MQ!PON88&8[:YUJ\ MDJ/26Z\DZ(QXXA(-C5?/-()IHDMZ!E%-)?GA-N8PJ=$OA<9N6RK:9?8/T.VH MU5U@M9F_!I?1KEOCM@[T#HDK8Y E]9@@=#PW85>\J=[W4>\93AE< BZSQ/G) M/V0>.E40!'T3^XJ-,?7"%MK]KM?D=H.*U(/J(-;2JO>5?BY55=&@^TB9;#3S M_-AJ%H)Z2=_[%1SWPG<(1.\8C+YQV,COY,IVW,%;. <:#HG9!U=1X:'3+EZ'IVF(W0EMRNYH\$!/ M9CQ7->E$LC7-'C(CWGFJ,7:8?12K%#A P'JB(IN/I LI6ZGJ:$DG U:9$5:%ER M^0S=I+8%N#%]ZZ61C4:/79YR",DX]JFE]5U5JEPNI;?-\$4' M$3 (&",7A7%NG]9O56LC"NLPZRA8_+HL*7#LH5' Q"E/]HD[. 0O,]5@"RB5 M$Y29,>$/@T2;(L/Z.- P3.=0]LB+;G":V6<4U^EVW)6&V\561SY8=MA)TM)5E5_8)6?/G/MVK?-Q!S)"6'.M-M=IYSQ;<3KO8;0#G MM+VU?7N/YO,O,[!6QZ^& M3/Q)%#E;/+/+OG!TW]0O^T+IIYEM2+[TL\7VR?;NSN3N/>6NM70[GN%GTT2I M/P5.ZD5FID_1W [ 16X0FFL84MN:.Y[GT;K4)RB/18X7H1,Y290. ['G)/, M'8$ELVF]( MR_Q=O"AR:9D_9U[JTOD-X^,2A4#*I,"/G#@8[^ZZ6)DX80+U-KWTBTTOZ^Z; M35H=4("CA&SW R=,Q\Z)@6VNOC/W4O,BF8ZX)YY1\E 6C$-BLQD!J!L$X2=X*_6STT1">>S"?1JGOX*AOOQ\.3X>O MK^?VH^-VN?UT"[,?9$6LO(0HG20G]BO1YD^K:O,)&ULE5;;;N,V$/V5@;$/":"-[K84. 8<)]L6 MZ +!)FT?BC[0TL@B0I%:DHJ3?GV'E./8B\1M'RP-J9DY+Y5^M&TB!:> M.R'-U:2UMK\,0U.UV#%SH7J4]*51NF.6EGH3FEXCJ[U1)\(DBJ9AQ[B<+.9^ M[TXOYFJP@DN\TV"&KF/ZY1J%VEY-XLGKQC>^::W;"!?SGFWP'NUO_9VF5;CW M4O,.I>%*@L;F:K*,+Z]SI^\5?N>X-0O;7LU*2908\,&8;^I[<^X MR\<'6"EA_!.VHVY.B-5@K.IVQK3NN!S?['E7AP.#(OK (-D9)#[N$<,L M6\RUVH)VVN3-"3Y5;TW!<>F:5D9Q=WFOJK[0LP6&KDK8U<"MKK(_M0XIP'V;R&N9U=>G_IOZ0=P)U@TAYG#W\NU\9J(LQ?)Z"R/53FH;(/ MH.[I'-6#0% -G(1]K\RG71\U#X^;5RDZ.,9B[7!MB] H02>0RPV<<4D[:C!D M9LXO@8I;M?OJP@U6V*U1[W;B$GY%XGVK1 V\Z[5Z0@=CX!/$<9!FT4X@Q2^# MEMP.&GU$#7]VLH$DF,X2]RS2@RK'>1'$:4'O69#D):Q4UP^6N"BIJ0-S(*HF/EG M 4NQ9E8K8^#,.67RY;/:2JH5X[K2K+'GD.53_[MGEJX,;A&($=+TBABMR5L4 MQ%'T^EI1L:T>QHN&R\]4I TE;B .XCRB9U:6\* L$]"_VS,J(=4O2 EPE*;I M#)95-72#8*Z)-=*=6W'F$<[B8AKDE,TYB;.,>I"0>(H-U*$T"6;3TDE9'B1E M?H+:^9[:^7^F]LUA@+?/-#0,POH%5H(9PQM>^2_O@[B4%O0MB M948$4J(DRSI;5 M=/ES=RNY*49G:59DD 9ID>QX5;]3)]_V((]RWW6B8OI>T\.#Z=&AWO@9::A. M@[3C(-GO[L?P(?4$L#!!0 ( .Z8XE P2?^S' , !T' 9 M >&PO=V]R:W-H965TX<_.>[-B0RNDHU27]SAJEP$D2.$ @OK M$!B][O 2A7! 1.-KCQD,*5W@J7Q$?^MKIUHVS."E$G_QTE:+8!I B5O6"OM) M[=]C7T_N\ HEC'_"OO/-TP"*UEA5]\'$H.:R>[-O?1]. J;1(P%)'Y!XWETB MS_(ULVPYUVH/VGD3FA-\J3Z:R''I/LJ-U63E%&>7[Y0J]UP(&-VRC4!S-@\M MP3IC6/00ZPXB>00BA8]*VLK &UEB^6-\2'0&3LF1TSIY$O CT^>0QF-(HB1Z M B\=:DP]7OIO-3)9PI6T3.XXU0HK8] :>,U-(91I-<+GU<9833?E[R?29D/: MS*?-'DE[0P-4MI1';>%(X:'N/HUR6R$4%5%& UR"=4>F]8'+';!:M=(Z_-VQ MQ,V!1J51VCI[*[F%/5)AS,!6"9I R./HEI#W3!G%["ZX\P/R*62TLW*';<' MH&_ +4T?O&!U\PH^N-;]Z( E9[V5#!:)R*VR3, [K8SYA>1SF$W'49*0D$2S M<9Q&)$W3<9;G)*2S:/PRFL"J*-JZ%U Q8.<91EXRB*X Q&\732 MBR^>39,X>06CA"Y,I\HSGR=)?)(^19S/?(*KGT#OXSOWLP\+/ASC?F#2= MD!"GDW&:S_YG4[M8U]1L.ONO33TBG+8@3WO5[Y!_:);"DY55H][YQ4P%NK*Z M[35HA]V_ZE;>O7OWXR!*.RX-"-Q2:'0^R0/0W3+N#E8U?@%NE*5UZL6*_E^H MG0/9MTK9X\$E&/Z(R^]02P,$% @ [ICB4.OJN%7D P D D !D !X M;"]W;W)K&ULU5;;;N,V$/V5@5L4"GYZG3]PJ_-'QC]F1PD2R4NG>+#]79*'2$ MN."E=0@,7P_\@@OA@)#&ERWF:'#I#/?E'?H['SO&LF"&7RAQUU2V/AL5(ZCX MDG7"?E*;'_@V'D^P5,+X)VQZW2P=0=D9J]JM,3)H&]F_V>,V#WL&1?B& =T: M4,^[=^197C++9E.M-J"=-J(YP8?JK9%<(UU1;JS&OPW:V=D':9E<-0O!86X, MMX: Q%8XNF7XR1Q/ XM.G&I0;@'/>T#Z!F ,'Y6TM8$K6?'JN7V Y :&=,?P MG!X$_,CT&.*( UI> O'B*./5[\!MY[I:I-(P0P6<%7X<-E8TJA3*;?*&VQO<3E6'?M02WC6RL?SD1^S'5RB\EO/#V'L0;*^( MI<*]8RSZ0)^VYK!4 C=A(U=P5*'(M(%&XA_5&4R&.3X%3'99#]F&.]_4"#!_ MX!KW*'PV?-D)<,P-O-?*&+A@6C\YS'FK.FEA7I9=VPGFS5JE;?,'\QOP)Z3T M4ODKYJ=P]8BH%H:[UW??%#2BW\//F'V-S*.= M%J$)8A4AT*R 6V690.Z88D E;Q>(T9E^WJ$<]FPU\;&(<]WG'@:%M:L KS6BI= =M' M1B;-R_KC:SM!#!R]F!N_8NZ R\HUQ[->W3:3GR9'FKMK@M/!!X?6'Q3'+JD9 M"=/,:4583E)@&:G;"3F9A+D38^R>8A(Z$2N,!0[A%NO&V=(Z1WN;J-\PKU4E MV#LEL9]6_BY@<$HBP?[ '+X.UXUY?\K^I=[?57!,KAII0/ EFH;C'-.M^_._ M7UBU]F?N0EEL7B_6>&7BVBG@_Z52=K=P#H9+V.Q/4$L#!!0 ( .Z8XE#X M]\0V] , , ( 9 >&PO=V]R:W-H965T X]VB6^PV09)N'HH^T-+(8ESK'2V[,@#G8;5W)3 M.MX(%_-&;/ :W9_-I:%5N$?)98W*2JW 8'$6+./3\Q'+>X$O$K?V8 [LR5KK MK[SXF)\%$1/""C/'"(*&.UQA53$0T?BWQPSV)EGQ<+Y#_]7[3KZLA<65KFYE M[LJS8!9 CH5H*W>EM[]A[\^8\3)=6?^%;2<[F@:0M=;INE&#RC%_JA\2T3W;9,?V/'D3\+,PQY#& TBB)'H#+]U[GWJ\]#N\_VNYMLY0 ME?S]!O!H#SSRP*-7@)=9IEOE.*89RCL.X. QID#-! >V7XKL?^#ON@AT ;HU M(![SQ>!9!UX1..ULT5!6^82E**-2@2MU:RG3]N@47F +EP8;(7-?#!>N1"+< M&H/*P9(P2;;;_$.KX;.#&^U$!>>B\JX*![\+U3+5/F_P(TP&T^F$QI]_F"5Q M\LN367>V:NNV$MRQ0RP*:F$0^3_4#C4;(I^7URM(DPGMZL:W]SA*(8YCF$P3 M,I3,)CN^PP:-U#DT1M])?Y=P@/"^(5#,GT7J77P$R>!D',$(TI2GLRG<&NEP MJ(O"^FCDTC;:2K9*"K/)!([V]'=COTT7!UT+BAJ9J60/8(1#R$JA-FQL-HU> MU/7;!P&DLL_*?=U3C&:#T4E*8QR/Z3N-^'LR2./4.W!38F_Q_SF_I1+)6R1A M2:4EJP=PFNH$0=8-]06'?77QY>/[87QR#!>*]I5#HP1'@C(NI.$RA488IZ@T MJ,AX*C-*)!5H5V-DE!F(AAC=DQF'9&8T_HG!V=0C48.9-G1M$"4CU<:?NM(@ M#FN^5*#W#/EJ>1XA3I.7!>VK]!DU^S:;]#O96%'CCL8:,]%:9,5"*DJOXA\$[ M0IYZF(X@]4,GRFI/DNM;GE!;UQJZBRC5WFO*-7E]_-*5%QZ\*F1KX]].\H4# MUSTP^]W]\[SL7J5'\>YMI_1L)-&OL"#5Z'@Z#L!T[V6W<+KQ;]1:.W+,3TOZ MQ4## G1>:.UV"S:P_VE9? -02P,$% @ [ICB4("^.NMJ P 3P@ !D M !X;"]W;W)K&ULG59M;]LV$/XK!RT86D"+9$F6 ME.AQ8((K[166MDE7=J193$ M<1ZUC,M@/O5K=WH^59T57.*=!M.U+=-/URC49A:,@MW"/:\;ZQ:B^73-:ER@ M_6-]IVD6#2@5;U$:KB1H7,V"J]'E=>;LO<%'CANS-P:7R5*ISV[ROIH%L2.$ M DOK$!A]'O$&A7! 1./+%C,80CK'_?$._9W/G7)9,H,W2GSBE6UF01% A2O6 M"7NO-K_A-I^QPRN5,/X_;'K;/ N@[(Q5[=:9&+1<]E_V=:O#GD,1O^"0;!T2 MS[L/Y%F^89;-IUIM0#MK0G,#GZKW)G)V%*@>3V-+,5QUE&YQ;SN,9,7,%.X5=(V!M[*"JM#_XCX#223 M'M$Y&R(G/G(V0N1%W2HJDX@J!6\XY+)DC-!#/K3Y=J41O BOV.U.!WPH4&" M%'3VN*R!&["TT)] _@]6U-&"2-"2OP'X,R+.^$:U:R:??OZI2$:37PW96"1= MK!MY@T^W"Z_;@DE+7]3PMU?P<:O@.1 )@X!]5FV?%=]3W9U.^JMKC36SGI4A MJLPXF:CX93-4WT=Z@R6V2PK4KXXNX)7GHCI#V^;UY7.G;QUN.JTI-L4P2 S. M(!N'67%!@W$>0A$D\@?^K#^E']XL7@BYB[4MCCM7I1P3>E=@V&A':_M"B M.[3'5#\J](-WW3_OSUV]VSU2-W1(\J9Q6$PF;I"$HSB&#[[M2M4B3,*8A,_# MHNAU*9G63TZ61R8Z]!H<:\AMV@=]^6U/?D@^^>KGUBU]D_&4EEZ@/RPH1U(4UKB4Z(3VS-* '0NNZO[UF0DN7$5M,/MD@0>W;W[ .+Z[VQ7UTCA&>_M4J[FTGC M??=JL7!5(UKNYJ83&E^VQK;J=-^THC/=6ZN&7_S;R<")0QB\(I*- &NP>% 4KWW'/ M;Z^MV3-+NX%&#\'5( WCI*:@W'F+KQ)R_O:]U%Q74N_8VEJN=P*$>\>F7_A& M"3>[7G@HH:V+:@1\,P"F+P!F[*/1OG'L)UV+^JG\ L8=+4P/%KY)SP)^Y';. MLB1B:9S&9_"RH\=9P,M>P'LG-IZ]DZY2QO56L'^N-\Y;9,>_SH#G1_ \@."6:V[&<0L/&BUL*YYW@\C[0^U E!F1ZY9RR,0:0\'^S'5/]@(E8],_SM@%*^(\6I9Q>%I&<;;Z M%LN*>Z/N*?TJO$K_,F1*D--DQLHX6B8%R[,HP\];H^^%]1+9"M" K8T7+HBG M<5:P:0J9-"KB^/!S)RH#LCY(H=E?:/.HK-=B-#Z;L:0LHU6R9,FJA.$Y^ZMO MP E%%-61SUB:1E?P)\W@8,%^T;P%Q?(_\&E#X#42S/0HI0@N2+7*()BR#TBV5V@R9<7>#H%<[ZP(S63.*&KK MYU(V"E+\GDM%[0;M5:$9"=:CTI1"_]\S)91R?L3>R[BDYU3 M3).,$AZI&^P8DFTVAUK!N[/13.=!=HZ*W%P=/#S8/:)GD-"S%?% M[V'J_ZQ1VOR'WY5I&K\^K>A0G6$]>3VCMO?8RT;"\2)VAE3ZD$)[;+HHTWGQ M2/-SY R1/];4X,%0)H?*.L8[E&>(%G?.5!*1>JSO:-"X2N;9D\#22G+>AN<; M=H1 NTZ$844]S$,O^E&ZW=#8%#6V1X9#7\OB:.QM)U1_UPC_?ZK1)N>K'^%Z M;(!*F2H0.!8']Y[3FH'8-(4,M*-T^\KC#BN425NAWD%-%@1NAO,Z7K; M&0=O!XOR^=734%R=Q.9;>F&:$XS*56X?@H9*(#IX7BOWT?$*N@#NI'H)VZ4@U9*829W)V4NN/ MS66@%=O&Y I-#ZR[SH1^ (JK!L,OCJE](Z&9J.[X0TB$-?2I8$<4"!E@'5H) M^8$0 UZ1%B+A==@RE61+4IX8 P-'*]"EH IIS#=#=[="\1!I) VG+'/44J&( M1NY+L[WLL=V@:^!0?3=$ M_D-P&V9^0G[2U=9#1@64Z6/&X9]@;;@JT*288([*,MJ5L/0J*I-R&/J2!&/0 M,A]Z%W9$5ZOPDK,L2K,EU2_NHEL0R3"PI=@T3#07K%Q=17E>/A?$Q&ULO59M;]LX#/XKA-$/ M*^#5J>V\K$@#M.F&VX<"Q=K;83CF\DAKO++BN:81]N49E#I?1>70\^"+WM>># M9+-NQ1[OT?_9WEG:)2-**1O43AH-%JO+Z.K\XCIG^2#P5>+!3=; D>R,>>3- MY_(RFK%#J+#PC"#HZPFWJ!0#D1O_#IC1:)(5I^LC^J<0.\6R$PZW1OTE2U]? M1JL(2JQ$I_P7<_@#AWCFC%<8Y<(G''K9>1I!T3EOFD&9/&BD[K_%\\##1&$U M>T4A'132X'=O*'AY([S8K*TY@&5I0N-%"#5HDW-2"OL&63G,:2S=/8&7C8&G@6\[#\%?B-=H8SK+,+?5SOG M+57//V]8S4>K>;":OV+UGAY5V2D$4\&GSC/^K=2RZ9K@ )OIA(*)<[^B_FT; M#S5"910]-XH')(4';F*VZLTV@]EBPD-'N;+0F">)@9//=P]?05@KB)>!*<<0 ME(NB'I,![Z0&7YO.D8X[O8!O*&Q(/-N_P0*;'<&R^%5C.NT'+8O<-%B&/LBA M4"^G< )9%L\7*4N=PS*>KU:\I'V<+Q;P8#P1= )Y%B_.%W O/+UHZ1&NR7IX M.[ 5K2BD?P%F@JALA7X!MN7IGV+86QS".4@2=R.$0_LD"X36$@5$A0-OCANB MU$Y$B\'&&7Q\+K#U<*B1>HR>TA6X=P[IKV2DAINL)Y^H:U#@H2L1FP)H)S39 M54C]!23WJL+8,IP%%Z_NM[#*TYCO#K4D\@N69"Q\;KE%$HNM\!ZM9JN5)3+? M*R/H[<5![$A#+TX53H>$\".@"NDP)')(15@=&2',@8>2:T! 40N[1XY*T7WO M )?,H."HKISGZ)R@!G(&OU>4$YX)QL5$B#6.E)2B$ZVYI3]QAE&7[VF8/.+P MBJ4N5!?J+G@_PNS&XICF9TQ.".FG+,3_3ZDOYO%JF?>EGG^(/\RROM:S/)ZG M2UYG_!QF67@.^7%-;-($KBC=,%_%V7P^/(NAI=R)E[Z^3R!=YO$RS7[5NI+) MU&B0LLFSD1-'?O<#9#P=Q^]5/W5^B/>SFUC:\]-26)'J[&PYC\#V\[#?>-.& M&;0SGB9:6-;T$P(M"]!]98P_;MC ^*-D\QU02P,$% @ [ICB4),DO?6V M @ M04 !D !X;"]W;W)K&ULA51+;]LP#/XK MA+'#"G1UXCQ;) &2K'L<"@1-MAV&'12;B87(HBO)3?OO1\F.EPUM=[ E4?P^ M/D1R5Z@HN,TZD8GP;W'G&)2GDB=N.AX8Q:DQYXOC^Q?PJQO%:<.VJ-F25]AZ<$?:Y19N=8;9W_B8/6O=2T[N+9(W">^$ MN8)>]Q*23M)Y@Z_7AML+?+VWP_TYWUIG.-Y?;W#V6\Y^X.R_PKGF1LDJA4 [ M6.?"X =?)ADLJ>#6L2)4W^V3WR/,E:(TB%[*[G\,.4H/#7EZ3HX-N4$E'%\Z M JH,9-)P[9.Q('0&Y'(T4**QI#4JX(8&%O%G$*&HWPW]NP%G/ MPU$PE64D!W'D.I&:T5195K 7-[ )3.<5\"]38%F2=3Y7%LVC3-'".Q@.^9>, M8"VX[H(]GA '=%+O83""00]6AK(J==QPCSQ(2AX+#D8C&([A,VHT0@64R+A% MI']:W^MPG8RA>]GM=V%#CE7>^1/+_)J,KU]Z^_BLE0HT^S P+*>[TJ[NJE;: MSJ1YW8I_U.N!QK'O);>3PAU#.U>C002F'A+UP5$9&G-+CML\;'.>JVB\ M_O MB-SIX VTDWKV&U!+ P04 " #NF.)05Q6H%?<# 3"0 &0 'AL+W=O MJQ9.5-HUT^&K6@>V,DDOOU-2!X#P-&EFUD_G, M[UV;^4QO7%VUZMJ W32--(\7JM;;LTDXV6W<5.O2T48PGW5RK6Z5^Z.[-O@6 MC"C+JE&MK70+1JW.)N?AZ45"]M[@STIM[=X:*).%UE_IY=/R;,*)D*I5X0A! MXN->7:JZ)B"D\6W G(PAR7%_O4/_U>>.N2RD59>Z_JM:NO)LDD]@J59R4[L; MO?U=#?EX@H6NK?^%;6^;1!,H-M;I9G!&!DW5]D_Y,-1ASR'GKSB(P4%XWGT@ MS_*#='(^,WH+AJP1C18^5>^-Y*J6FG+K#)Y6Z.?FMVJ-)7;PJ>T;3)4ZNI.+ M6MGC6> P MD%Q8!VT:.)5] BN-*M*RU\;)=J^;-_@,Q&>F)'[T(Z-ZK3QE7M&OX^7UAG<#C^.0 ?C_"QAX]?@;]1A6Z+ MJJ[Z0NH5H'J,]($ZHU>5@Z-:6WL,BT>P/9>7JGPXREVI8*5KU!/A.FK6(*KJ M7V51*O>JW2B0[1+6!J/AO)AUU5),O3%X3KGW7CT%BW &',*ZTB@%3=]$14T$ M;$%1CCWPJ(*'4SA"1%?JC<4=>WP*=]YUO_]/7;W;3<_N%*[4LI+P5C;=>[A$ M+VK+NW?PN2I(\I@81;I5YAXW++R!-&=1GN BYXR'G'Q:DO9]Y1[)<31-,R92 M#AEG<9H_,_OX;5-U?@9REB"I,&5A',*==K(>2_<&PCAF84KAPC1E*1*_U-91 M1ZU$;?Q_^DG"DB2E1<;2=/HZ?3S/1 YIPE+^/,L?]#.D'T'(V50D _UBGR)1 M%YSE/*-5A.E,8_C-S\.5GX>7T#J>,3SD<'Y!I,LHT.2B@6[S:EANV_!^M,JA,.^C7/E/1$\E\4(5J%EC"?@?'\.6>19PSP6E<(QSH M*'XR."*;8B&G$"%,A*+H^[;C-+!,2%@\AC3&">2D'(-_%-*IT0 5E0F@H<+' MW7Z&*,^(3FG 4U0J8KW4IV#OHFJ46?OKV.+<;EK7WUGC[GCCG_<7W0_S_G.A M'S<+M5JA*S_)L$>FOX+[%Z<[?^TMM,-+U"]+_&I1A@SP?*6UV[U0@/$[:/X= M4$L#!!0 ( .Z8XE A#+XG3 D -@8 9 >&PO=V]R:W-H965T=;@*0H6W+2,YT^],6DB,7>]]L%?+%3^LYLA+#LZS8OS*NS MC;7EB^'0I!NQY294I2BPLE)ZRRU^ZO70E%KPS&W:YL,XBJ;#+9?%V>6%^W:C M+R]497-9B!O-3+7=W4V.FL^?)3KC:4/P\N+DJ_%K;"?RQN-7\.6 M2R:WHC!2%4R+U:NSJ]&+ZS'1.X)?I-B9SCLC2Y9*W=&/=]FKLX@4$KE(+7'@ M>-R+UR+/B1'4^%+S/&M%TL;N>\/]K;,=MBRY$:]5_D^9V3,Y96QJIMO1D:;&7AG_QK[8?.AGET8D-<;XB= MWEZ0T_(-M_SR0JL=TT0-;O3B3'6[H9PL*"BW5F-58I^]?,NE9K_PO!+L@^"F MT@(>MX;U/O%E+DS_8F@AA6B':7L"NC!'P+B\R]E[RI_0:-*LY4L>)%*GC.^5RCO*+1M M%.*6K4C_>^AD4Y35[PV3![$95!GM-P)3=8*O=\(*50@_,AFM14_9?P#LY;!#LUF'7 M>Y5R5^:/]/A'I2P8WVB9>OY73C21W9'AO?<"BK!1G]W*=2%7,N6%93\[R3\O MC=#WY#_VKBBK/75\C/ISH4[1)_UNM%^PUR@0^ ^%!A=(8RJWQ]F'/=#E*DU5 M1658\@>W1L[D::HK<1BG<[:8X\\??C>/1_'+@S,/RI(7 MY%6FEKE<#ZK=.5A\Y$T11U(0"D",A,85TV.!] MN-N(PND@5TX@83L94E*&T8Z.%G]\M%=\387($+5X$H40 \3QHGQ\P3?+)/D+ M/AY-'VGRF[5PL9F]/*5+$AWJ$K+;"NB6/I>CI'*: ]=1 @3@YB!YG#&@T&+0 M8CP\W\%XP2%!BU)IZ[066JHL]'F)UI%RLQD8EQD9*X^FL'.:KQ+08'#L*O' M^([K[+@FA]WFJ"8^75,(7L.<5=/E-EI5ZPT405)1+I*?,;EJASTF1.,]VJ0H M%'R]UH*2D0ECY=9E9;?GK5S+_ &[=S#S/ ICS&EY3I45T.;=1J:^OOB6+/E& M^^G%3;6I E9]\W'B'2^[FB#82AH#[R^X^- M!MUA /W^$8^G^U\W5ETYJUAOUN_,7M];OA6%1*8:&FZH)LCB7*'N5SQU(0E8 M!K*_\:+"X85T2%CO3WV"TW,VGD^"L0/[9#0+%N-Y_6TTG=+;9(RW^6,16MRK M_)XT2O%3VM.28B<)!3B/@NEHTCS&29#L'\#=>X&T MVMUL%"11S";!;#:A'Z-XRI(9'A-H2(%%0Q0>X$VM2E6(VN)QOS?I P!IVXC% M21!-YFPT7H!9S!:+8 %E??MRZ=*; K?C8)',VD<23.>)?Y##@']!,H^. DY0@GPZ0H'5M.)O\_B#+7(:0!/2KO#(TNM6TJ:-R!_>5X!;I M3I^UD$50XR&Y4&FYAA8YBAU_:$ZLVT4'\RM=*B,2?A[$=<6"<$C4_='2#'Q$YICO .[B0H>W7X;][]5,>YC]VH M191>G =,0X7>S^ S?DB3#IUT>VB3C4C@$P\EZL')Z'!@_I<)NNI<\ MO1N\P0HO!I_4PS[VFM#T/4)'$_M692+W,;X31.2.C[4\$N[]Z,C<:,[),*0. M/1NX];M"UQ#_*^"^1GQ]*##7:>M'M"UA;1.V_Q3ZWR(WGA34OI<;*@*Z0\H? MO):&M(<;>A(C4!*.VQ1Q M%G2I;%A54+:XLP%:/[A2JKUT)#U)LD?SCG HY.4+EN-8(3HSM18Y=_5$GBW< MU9>A9-!T"KUV=^J4N6#I+Y[;K^VU_96_K=Z3 M^SM_6+NF$.=BA:U12+?DVM^C^Q]6E>[N>JDLSEON=2,X4HD(L+Y2"$#]@P2T M_\RX_!502P,$% @ [ICB4%M)LWUL @ ;P4 !D !X;"]W;W)K&ULC51=;]LP#/PKA($!&U#4CIUN;9$$2+H-VT.!HFFW MAV$/BDW;0F7)D^BZ_?>CY,1+BR;8B_7%._)HG6:]L0^N1B1X:I1V\Z@F:B_C MV.4U-L*=FA8UGY3&-H)X::O8M19%$4"-BM,D^1@W0NIH,0M[-W8Q,QTIJ?'& M@NN:1MCG%2K3SZ-)M-NXE55-?B->S%I1X1KIOKVQO(I'ED(VJ)TT&BR6\V@Y MN5Q-?7P(^"&Q=WMS\$HVQCSXQ?=B'B6^(%28DV<0/#SB%2KEB;B,/UO.:$SI M@?OS'?O7H)VU;(3#*Z-^RH+J>70>08&EZ!3=FOX;;O6<>;[<*!>^T ^QV5D$ M>>?(-%LP5]!(/8SB:=N'/LR?*I9!PMKHS.49,5OD<.WM^)C4+W8183D_N0.-\2K0:B] !1!M=& M4^W@BRZP>(F/N:BQLG17V2H]2G@M["EDDQ-(DS0YPI>-2K/ EQW@NY7NP8'0 M!=RS9$M\84FB@U_+C6/].?T^DF0Z)IF&)-,#2=9LFJ+C#H(I^ MO]79XYS+0,;MR.NQ'T%'FDPNX 2H1FC1^A1LH_W$%6KDK%APC#5=5?,HW?9: MH85><$,L>'<%26E]M8!&OBB!#0HVE,/8= MI!/^_!^:[Z7VQGV4]#R29.>,SR[@W5M_*MXS 8NK@M59K.DT#7X8=\?79#F8 MZ%_X\!2QZ$JR&Q26#$U./[%Y[6#O84&F#9;:&.).AFG-+R):'\#GI3&T6_@$ MXQN[^ M02P,$% @ [ICB4#E,/+/"! ) L !D !X;"]W;W)K&ULM59M;]LV$/XK!Z\;$L"U);F.W38)D*3I5FSM@KA= M/PS[0$NTQ84B59**FW^_YRA9M3$G* 8,B!Q*O)?G[IX[\G1CW9TOI0STM=+& MGPW*$.I7X['/2UD)/[*U--A965>)@%>W'OO:25%$I4J/LR0Y&5="F<'Y:?QV MX\Y/;1.T,O+&D6^J2KB'2ZGMYFR0#K8?;M6Z#/QA?'Y:B[5RM/:.7]X59X.$ 4DM\\ 6!/[= MRRNI-1L"C"^=S4'ODA5WUUOK;V/LB&4IO+RR^K,J0GDVF ^HD"O1Z'!K-[_( M+IX(,+?:QU_:M+(GTP'EC0^VZI2!H%*F_2^^=GG849@GCRADG4(6<;>.(LHW M(HCS4V]HB]";VW)I2>KDTABWW],;#U +,MP,OL28/OA1O1 M)!U2EF3)$_8F?<"3:&_RB+UKX8PRZ]UH_[Q8^N# C[^>L/^BM_\BVG_QB/T% MVJ9HM"2[8KJHG(0IJ%"Z";(@@W1KZSW5\.ZC=\CEMJK 4!0[OSN4\J<]?BPE MK:Q&>R$N"EPY\A+U1,N&D@*VX:!N@HA]\!]QC>A"ZYUM4=G&P E&@9>&;2RY MPX=4BGN)M43'%7^#P-@!D CC5MY+YR4MV" M:JW"B(Z4P:9M//#X(\#O.KA?N4_S*;T)MO/K-T-)NU+M-DE$WH^ D:3GL:3K^;AL($%3%@_H$9>>-44-(?8MK3 M1O>9MND20-L$='217QIU+S1(L4T)EQ%UU0V7;.5LU9)2Z+S1/2GYTQ5X*LQ# M3.'LM3]$2^%94CE2!@;CV;"QC2YV>8=XG_Y(9PG-9Y2-9M,?D1^#3 75-JA1Z IC M _)3-)(-3R$^C\\5T"'%2*%^(.5]TS9UQ\/TF"8G_+>0#%QS&3#.C'F@S\(Y MP6UYE!W3#%SB9U<,H=XAJ7MR4\3,#QM^9QBFZ<[,C>H&R (]6"#HW+J":X_# M.FB)PSD,P8-88+N$!\$)"39BYIB&29)L<:/&MG%[0X5%/[W_F39E+%M!JN5! MCJ*SFQHIE@<5>4S(PM.S;)J,X*,GR##:24_^?\^39-_S*";S=]/1*9LQG=+Y M<)?9;6+0]BG#QH&N-><9%!7KM9.( M8:>V0\:Y1,L67=TVMCT'H+_9UALJ(D>#HF"'&FY_XN/>0ZL&APA"+&002GM8 ME-$[85;16TQ#8$6^+MC^.C(B.N&TQ3[BNQ-DG_\Z.C35QCLW%\SJ=;R?,0S$ MW5YB^J_]%?"BO?E\$V_OC\CZ6J%#M5Q!-4''#&PO=V]R:W-H965T\;PW;YSGY(,VS[8% M0/(BA;*KI$7L[BBU90N2V9GN0+F=6AO)T(6FH;8SP*H DH)F:?J&2L954N0A MMS-%KGL47,'.$-M+RS1NESL<%I^/8([^\%[= S(N[.NHBNP,6-S]O2,P-( M,$VPN26E[A5&+TS9Z2:MHX'^EL=KZ,Z^X

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how.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 97 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 98 FilingSummary.xml IDEA: XBRL DOCUMENT 3.20.2 html 265 443 1 false 108 0 false 8 false false R1.htm 0001000 - Document - Document and Entity Information Sheet http://www.globaleagleent.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 1002000 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) Sheet http://www.globaleagleent.com/role/CondensedConsolidatedBalanceSheetsUnaudited CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) Statements 2 false false R3.htm 1002001 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) Sheet http://www.globaleagleent.com/role/CondensedConsolidatedBalanceSheetsUnauditedParenthetical CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) Statements 3 false false R4.htm 1003000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) Sheet http://www.globaleagleent.com/role/CondensedConsolidatedStatementsOfOperationsUnaudited CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) Statements 4 false false R5.htm 1004000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED) Sheet http://www.globaleagleent.com/role/CondensedConsolidatedStatementsOfComprehensiveLossUnaudited CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED) Statements 5 false false R6.htm 1005000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT (UNAUDITED) Sheet http://www.globaleagleent.com/role/CondensedConsolidatedStatementsOfStockholdersDeficitUnaudited CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT (UNAUDITED) Statements 6 false false R7.htm 1006000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) Sheet http://www.globaleagleent.com/role/CondensedConsolidatedStatementsOfCashFlowsUnaudited CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) Statements 7 false false R8.htm 2101100 - Disclosure - Overview Sheet http://www.globaleagleent.com/role/Overview Overview Notes 8 false false R9.htm 2102100 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies Sheet http://www.globaleagleent.com/role/BasisOfPresentationAndSummaryOfSignificantAccountingPolicies Basis of Presentation and Summary of Significant Accounting Policies Notes 9 false false R10.htm 2103100 - Disclosure - Revenue Recognition Sheet http://www.globaleagleent.com/role/RevenueRecognition Revenue Recognition Notes 10 false false R11.htm 2104100 - Disclosure - Leases Sheet http://www.globaleagleent.com/role/Leases Leases Notes 11 false false R12.htm 2105100 - Disclosure - Property and Equipment, net Sheet http://www.globaleagleent.com/role/PropertyAndEquipmentNet Property and Equipment, net Notes 12 false false R13.htm 2106100 - Disclosure - Goodwill Sheet http://www.globaleagleent.com/role/Goodwill Goodwill Notes 13 false false R14.htm 2107100 - Disclosure - Intangible Assets, net Sheet http://www.globaleagleent.com/role/IntangibleAssetsNet Intangible Assets, net Notes 14 false false R15.htm 2108100 - Disclosure - Credit Loss Reserve and Allowances Sheet http://www.globaleagleent.com/role/CreditLossReserveAndAllowances Credit Loss Reserve and Allowances Notes 15 false false R16.htm 2109100 - Disclosure - Equity Method Investments Sheet http://www.globaleagleent.com/role/EquityMethodInvestments Equity Method Investments Notes 16 false false R17.htm 2110100 - Disclosure - Financing Arrangements Sheet http://www.globaleagleent.com/role/FinancingArrangements Financing Arrangements Notes 17 false false R18.htm 2111100 - Disclosure - Related Party Transactions Sheet http://www.globaleagleent.com/role/RelatedPartyTransactions Related Party Transactions Notes 18 false false R19.htm 2112100 - Disclosure - Commitments and Contingencies Sheet http://www.globaleagleent.com/role/CommitmentsAndContingencies Commitments and Contingencies Notes 19 false false R20.htm 2113100 - Disclosure - Equity Transactions Sheet http://www.globaleagleent.com/role/EquityTransactions Equity Transactions Notes 20 false false R21.htm 2114100 - Disclosure - Income Taxes Sheet http://www.globaleagleent.com/role/IncomeTaxes Income Taxes Notes 21 false false R22.htm 2115100 - Disclosure - Segment Information Sheet http://www.globaleagleent.com/role/SegmentInformation Segment Information Notes 22 false false R23.htm 2116100 - Disclosure - Fair Value Measurements Sheet http://www.globaleagleent.com/role/FairValueMeasurements Fair Value Measurements Notes 23 false false R24.htm 2176100 - Disclosure - Concentrations Sheet http://www.globaleagleent.com/role/Concentrations Concentrations Notes 24 false false R25.htm 2177100 - Disclosure - Net Results Per Share Sheet http://www.globaleagleent.com/role/NetResultsPerShare Net Results Per Share Notes 25 false false R26.htm 2178100 - Disclosure - Subsequent Events Sheet http://www.globaleagleent.com/role/SubsequentEvents Subsequent Events Notes 26 false false R27.htm 2202201 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies (Policies) Sheet http://www.globaleagleent.com/role/BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesPolicies Basis of Presentation and Summary of Significant Accounting Policies (Policies) Policies http://www.globaleagleent.com/role/BasisOfPresentationAndSummaryOfSignificantAccountingPolicies 27 false false R28.htm 2302302 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies (Tables) Sheet http://www.globaleagleent.com/role/BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTables Basis of Presentation and Summary of Significant Accounting Policies (Tables) Tables http://www.globaleagleent.com/role/BasisOfPresentationAndSummaryOfSignificantAccountingPolicies 28 false false R29.htm 2303301 - Disclosure - Revenue Recognition (Tables) Sheet http://www.globaleagleent.com/role/RevenueRecognitionTables Revenue Recognition (Tables) Tables http://www.globaleagleent.com/role/RevenueRecognition 29 false false R30.htm 2304301 - Disclosure - Leases (Tables) Sheet http://www.globaleagleent.com/role/LeasesTables Leases (Tables) Tables http://www.globaleagleent.com/role/Leases 30 false false R31.htm 2305301 - Disclosure - Property and Equipment, net (Tables) Sheet http://www.globaleagleent.com/role/PropertyAndEquipmentNetTables Property and Equipment, net (Tables) Tables http://www.globaleagleent.com/role/PropertyAndEquipmentNet 31 false false R32.htm 2306301 - Disclosure - Goodwill (Tables) Sheet http://www.globaleagleent.com/role/GoodwillTables Goodwill (Tables) Tables http://www.globaleagleent.com/role/Goodwill 32 false false R33.htm 2307301 - Disclosure - Intangible Assets, net (Tables) Sheet http://www.globaleagleent.com/role/IntangibleAssetsNetTables Intangible Assets, net (Tables) Tables http://www.globaleagleent.com/role/IntangibleAssetsNet 33 false false R34.htm 2308301 - Disclosure - Credit Loss Reserve and Allowances (Tables) Sheet http://www.globaleagleent.com/role/CreditLossReserveAndAllowancesTables Credit Loss Reserve and Allowances (Tables) Tables http://www.globaleagleent.com/role/CreditLossReserveAndAllowances 34 false false R35.htm 2309301 - Disclosure - Equity Method Investments (Tables) Sheet http://www.globaleagleent.com/role/EquityMethodInvestmentsTables Equity Method Investments (Tables) Tables http://www.globaleagleent.com/role/EquityMethodInvestments 35 false false R36.htm 2310301 - Disclosure - Financing Arrangements (Tables) Sheet http://www.globaleagleent.com/role/FinancingArrangementsTables Financing Arrangements (Tables) Tables http://www.globaleagleent.com/role/FinancingArrangements 36 false false R37.htm 2312301 - Disclosure - Commitments and Contingencies (Tables) Sheet http://www.globaleagleent.com/role/CommitmentsAndContingenciesTables Commitments and Contingencies (Tables) Tables http://www.globaleagleent.com/role/CommitmentsAndContingencies 37 false false R38.htm 2313301 - Disclosure - Equity Transactions (Tables) Sheet http://www.globaleagleent.com/role/EquityTransactionsTables Equity Transactions (Tables) Tables http://www.globaleagleent.com/role/EquityTransactions 38 false false R39.htm 2315301 - Disclosure - Segment Information (Tables) Sheet http://www.globaleagleent.com/role/SegmentInformationTables Segment Information (Tables) Tables http://www.globaleagleent.com/role/SegmentInformation 39 false false R40.htm 2316301 - Disclosure - Fair Value Measurements (Tables) Sheet http://www.globaleagleent.com/role/FairValueMeasurementsTables Fair Value Measurements (Tables) Tables http://www.globaleagleent.com/role/FairValueMeasurements 40 false false R41.htm 2376301 - Disclosure - Concentrations (Tables) Sheet http://www.globaleagleent.com/role/ConcentrationsTables Concentrations (Tables) Tables http://www.globaleagleent.com/role/Concentrations 41 false false R42.htm 2377301 - Disclosure - Net Results Per Share (Tables) Sheet http://www.globaleagleent.com/role/NetResultsPerShareTables Net Results Per Share (Tables) Tables http://www.globaleagleent.com/role/NetResultsPerShare 42 false false R43.htm 2401401 - Disclosure - Overview (Details) Sheet http://www.globaleagleent.com/role/OverviewDetails Overview (Details) Details http://www.globaleagleent.com/role/Overview 43 false false R44.htm 2402403 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies - Narrative (Details) Sheet http://www.globaleagleent.com/role/BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesNarrativeDetails Basis of Presentation and Summary of Significant Accounting Policies - Narrative (Details) Details http://www.globaleagleent.com/role/BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesTables 44 false false R45.htm 2402404 - Disclosure - Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Impact of Adoption (Details) Sheet http://www.globaleagleent.com/role/BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesScheduleOfImpactOfAdoptionDetails Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Impact of Adoption (Details) Details 45 false false R46.htm 2403402 - Disclosure - Revenue Recognition - Disaggregation of Revenue (Details) Sheet http://www.globaleagleent.com/role/RevenueRecognitionDisaggregationOfRevenueDetails Revenue Recognition - Disaggregation of Revenue (Details) Details 46 false false R47.htm 2403403 - Disclosure - Revenue Recognition - Contract Asset and Liability (Details) Sheet http://www.globaleagleent.com/role/RevenueRecognitionContractAssetAndLiabilityDetails Revenue Recognition - Contract Asset and Liability (Details) Details 47 false false R48.htm 2403404 - Disclosure - Revenue Recognition - Accounts Receivable, Net (Details) Sheet http://www.globaleagleent.com/role/RevenueRecognitionAccountsReceivableNetDetails Revenue Recognition - Accounts Receivable, Net (Details) Details 48 false false R49.htm 2403405 - Disclosure - Revenue Recognition - Capitalized Contract Costs (Details) Sheet http://www.globaleagleent.com/role/RevenueRecognitionCapitalizedContractCostsDetails Revenue Recognition - Capitalized Contract Costs (Details) Details 49 false false R50.htm 2404403 - Disclosure - Leases - Narrative (Details) Sheet http://www.globaleagleent.com/role/LeasesNarrativeDetails Leases - Narrative (Details) Details 50 false false R51.htm 2404404 - Disclosure - Leases - Summary of Lease Cost (Details) Sheet http://www.globaleagleent.com/role/LeasesSummaryOfLeaseCostDetails Leases - Summary of Lease Cost (Details) Details 51 false false R52.htm 2404405 - Disclosure - Leases - Schedule of Operating Leases and Sales-Type Leases (Details) Sheet http://www.globaleagleent.com/role/LeasesScheduleOfOperatingLeasesAndSalesTypeLeasesDetails Leases - Schedule of Operating Leases and Sales-Type Leases (Details) Details 52 false false R53.htm 2404406 - Disclosure - Leases - Weighted Average Lease Term and Discount Rate (Details) Sheet http://www.globaleagleent.com/role/LeasesWeightedAverageLeaseTermAndDiscountRateDetails Leases - Weighted Average Lease Term and Discount Rate (Details) Details 53 false false R54.htm 2404407 - Disclosure - Leases - Schedule of Future Minimum Lease Payments (Details) Sheet http://www.globaleagleent.com/role/LeasesScheduleOfFutureMinimumLeasePaymentsDetails Leases - Schedule of Future Minimum Lease Payments (Details) Details 54 false false R55.htm 2404408 - Disclosure - Leases - Schedule of Lease Assets (Details) Sheet http://www.globaleagleent.com/role/LeasesScheduleOfLeaseAssetsDetails Leases - Schedule of Lease Assets (Details) Details 55 false false R56.htm 2405402 - Disclosure - Property and Equipment, net - Schedule of Property, Plant and Equipment (Details) Sheet http://www.globaleagleent.com/role/PropertyAndEquipmentNetScheduleOfPropertyPlantAndEquipmentDetails Property and Equipment, net - Schedule of Property, Plant and Equipment (Details) Details 56 false false R57.htm 2405403 - Disclosure - Property and Equipment, net - Deprecation Expense (Details) Sheet http://www.globaleagleent.com/role/PropertyAndEquipmentNetDeprecationExpenseDetails Property and Equipment, net - Deprecation Expense (Details) Details 57 false false R58.htm 2406402 - Disclosure - Goodwill (Details) Sheet http://www.globaleagleent.com/role/GoodwillDetails Goodwill (Details) Details http://www.globaleagleent.com/role/GoodwillTables 58 false false R59.htm 2407402 - Disclosure - Intangible Assets, net - Finite-Lived Intangible Assets (Details) Sheet http://www.globaleagleent.com/role/IntangibleAssetsNetFiniteLivedIntangibleAssetsDetails Intangible Assets, net - Finite-Lived Intangible Assets (Details) Details 59 false false R60.htm 2407403 - Disclosure - Intangible Assets, net - Amortization Expense (Details) Sheet http://www.globaleagleent.com/role/IntangibleAssetsNetAmortizationExpenseDetails Intangible Assets, net - Amortization Expense (Details) Details 60 false false R61.htm 2408402 - Disclosure - Credit Loss Reserve and Allowances (Details) Sheet http://www.globaleagleent.com/role/CreditLossReserveAndAllowancesDetails Credit Loss Reserve and Allowances (Details) Details http://www.globaleagleent.com/role/CreditLossReserveAndAllowancesTables 61 false false R62.htm 2409402 - Disclosure - Equity Method Investments - Narrative (Details) Sheet http://www.globaleagleent.com/role/EquityMethodInvestmentsNarrativeDetails Equity Method Investments - Narrative (Details) Details 62 false false R63.htm 2409403 - Disclosure - Equity Method Investments - Schedule of Summarized Financial Information (Details) Sheet http://www.globaleagleent.com/role/EquityMethodInvestmentsScheduleOfSummarizedFinancialInformationDetails Equity Method Investments - Schedule of Summarized Financial Information (Details) Details 63 false false R64.htm 2410402 - Disclosure - Financing Arrangements - Summary of Outstanding Indebtedness (Details) Sheet http://www.globaleagleent.com/role/FinancingArrangementsSummaryOfOutstandingIndebtednessDetails Financing Arrangements - Summary of Outstanding Indebtedness (Details) Details 64 false false R65.htm 2410403 - Disclosure - Financing Arrangements - Narrative (Details) Sheet http://www.globaleagleent.com/role/FinancingArrangementsNarrativeDetails Financing Arrangements - Narrative (Details) Details 65 false false R66.htm 2410404 - Disclosure - Financing Arrangements - Maturities of Long-term Debt (Details) Sheet http://www.globaleagleent.com/role/FinancingArrangementsMaturitiesOfLongTermDebtDetails Financing Arrangements - Maturities of Long-term Debt (Details) Details 66 false false R67.htm 2411401 - Disclosure - Related Party Transactions (Details) Sheet http://www.globaleagleent.com/role/RelatedPartyTransactionsDetails Related Party Transactions (Details) Details http://www.globaleagleent.com/role/RelatedPartyTransactions 67 false false R68.htm 2412402 - Disclosure - Commitments and Contingencies - Schedule of Future Minimum Commitments (Details) Sheet http://www.globaleagleent.com/role/CommitmentsAndContingenciesScheduleOfFutureMinimumCommitmentsDetails Commitments and Contingencies - Schedule of Future Minimum Commitments (Details) Details 68 false false R69.htm 2412403 - Disclosure - Commitments and Contingencies - Other Commitments (Details) Sheet http://www.globaleagleent.com/role/CommitmentsAndContingenciesOtherCommitmentsDetails Commitments and Contingencies - Other Commitments (Details) Details 69 false false R70.htm 2412404 - Disclosure - Commitments and Contingencies - Contingencies (Details) Sheet http://www.globaleagleent.com/role/CommitmentsAndContingenciesContingenciesDetails Commitments and Contingencies - Contingencies (Details) Details 70 false false R71.htm 2413402 - Disclosure - Equity Transactions - Narrative (Details) Sheet http://www.globaleagleent.com/role/EquityTransactionsNarrativeDetails Equity Transactions - Narrative (Details) Details 71 false false R72.htm 2413403 - Disclosure - Equity Transactions - Share-Based Compensation (Details) Sheet http://www.globaleagleent.com/role/EquityTransactionsShareBasedCompensationDetails Equity Transactions - Share-Based Compensation (Details) Details 72 false false R73.htm 2414401 - Disclosure - Income Taxes (Details) Sheet http://www.globaleagleent.com/role/IncomeTaxesDetails Income Taxes (Details) Details http://www.globaleagleent.com/role/IncomeTaxes 73 false false R74.htm 2415402 - Disclosure - Segment Information - Revenue and Gross Margin by Segment (Details) Sheet http://www.globaleagleent.com/role/SegmentInformationRevenueAndGrossMarginBySegmentDetails Segment Information - Revenue and Gross Margin by Segment (Details) Details 74 false false R75.htm 2415403 - Disclosure - Segment Information - Total Assets by Segment (Details) Sheet http://www.globaleagleent.com/role/SegmentInformationTotalAssetsBySegmentDetails Segment Information - Total Assets by Segment (Details) Details 75 false false R76.htm 2416402 - Disclosure - Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value (Details) Sheet http://www.globaleagleent.com/role/FairValueMeasurementsScheduleOfAssetsAndLiabilitiesMeasuredAtFairValueDetails Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value (Details) Details 76 false false R77.htm 2416403 - Disclosure - Fair Value Measurements - Carrying Amounts and Fair Value of Long Term Debt (Details) Sheet http://www.globaleagleent.com/role/FairValueMeasurementsCarryingAmountsAndFairValueOfLongTermDebtDetails Fair Value Measurements - Carrying Amounts and Fair Value of Long Term Debt (Details) Details 77 false false R78.htm 2416404 - Disclosure - Fair Value Measurements - Narrative (Details) Sheet http://www.globaleagleent.com/role/FairValueMeasurementsNarrativeDetails Fair Value Measurements - Narrative (Details) Details 78 false false R79.htm 2476402 - Disclosure - Concentrations (Details) Sheet http://www.globaleagleent.com/role/ConcentrationsDetails Concentrations (Details) Details http://www.globaleagleent.com/role/ConcentrationsTables 79 false false R80.htm 2477402 - Disclosure - Net Results Per Share (Details) Sheet http://www.globaleagleent.com/role/NetResultsPerShareDetails Net Results Per Share (Details) Details http://www.globaleagleent.com/role/NetResultsPerShareTables 80 false false R81.htm 2478401 - Disclosure - Subsequent Events (Details) Sheet http://www.globaleagleent.com/role/SubsequentEventsDetails Subsequent Events (Details) Details http://www.globaleagleent.com/role/SubsequentEvents 81 false false R9999.htm Uncategorized Items - ent-20200331.xml Sheet http://xbrl.sec.gov/role/uncategorizedFacts Uncategorized Items - ent-20200331.xml Cover 82 false false All Reports Book All Reports ent-20200331.xml ent-20200331.xsd ent-20200331_cal.xml ent-20200331_def.xml ent-20200331_lab.xml ent-20200331_pre.xml http://fasb.org/srt/2019-01-31 http://fasb.org/us-gaap/2019-01-31 http://xbrl.sec.gov/dei/2019-01-31 true true ZIP 101 0001512077-20-000012-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001512077-20-000012-xbrl.zip M4$L#!!0 ( .Z8XE 7QH/I1D$" %F (@ 0 96YT+3(P,C P,S,Q+GAM M;.R]69?;1I(H_'SOK]#GYT_MW#/A,^-[?NI#D:@JM%ED#4B6 M7//K;R0(< / K<@JLHH]9V2)R 1BRU@R(R+_[?_\==M_ZB_VW;L?_L_/__O?_K^W;__+?'[_Q@V[D]MT,'YC M\[0S3GMOOF?CFS=_]-+1GV^N\N'MFS^&^9_9?>?MV^FDNY]\0DS02=!<,6XP M2S2BWG+&$^N84?K__^NG'F.]3O<;)?R*,XSD-XY0+R%4)!RSGJ+%R_[ZEO>S MG^*?;P#JP>BG3C?M_OL/-^/QW4\__GC5&7W[VS"__K&7C7Z,3WXD""=O$7Y+ M\0_5A+N6X7=-@_-AR^A\V##\6PLHWYH ^38:7EVUC(^/&J9T6][?;7I_MYNV MC4Z;AJ?=?LMX>-(RH=OI=TG[K.+QFJETS1>GSYLF#][>=?)Q?6;YH&D*"/-5 MUNV,0<+;)J\.:7S-;7WB:'P+DV\;AP]:T!L.&H=/!N/\838E"OG?1FGW;]?# M^Q_+AW&:;)SVMM/OKYT:!ZR9#JMY\RO*01M>,QKW-K\&!JUYS<97M$S/N]=I M&]&+9TUTS[MWWUKGW'UKGI*W3\E;IHR^M:B>Z;.F2>-O;2L$GC1-F.0YZ.XV M(2J?KIFX1@861JQ[P7I!6AFUZ46]]&Z+%\&H32]J%ZB54>M>M/DES2_H=;MW MPTXS(Z?/FB:EWQK45#$%GC1.R)JA@P?-P]OY5#YLF;:6Q0L#UDQO)>7"@);I M:Z>V3;O+TV[T5&8SOW___K=B=J0J02@!D][-A_WTQ_G@^G2\9G[;Y.RFC?7P MI G8;#2\&[5-B<^:)N4M$_*&P6FOV^+6Q"=-$[*6X4V"E=[^Z[YE.#QIFC 8 M+Y'UNC_\UNFGG>M^"H_^-C6N0&*Z,*6-0&DC==+_GF3CAY89Q;.F26V^7]KH M^Z63-B)-&JGT5_>F68SCDY8)[:NN>MHV<>V271RQ[@6MVGAQQ+H7M"[=Q1%M M+U@_N7GB579UWVMF2_&H:-6#6B>?CML/CD\8)PQ9-$)\T38"XN64"/&F:,.B..W^U3"F> M-4YJT.3I@G9X,\UT,3'WSJCM!H^Z&3=4;,^*AXU1"?%[^U:>/:X=>I:);XT9.TK M6A7ITI#65VR8WC(UO=[@?A7N4SEL/FN\><9X-KIEV0V:%MU@.!A,;IO?WAOG M/XX?[N#EP\%;&)7F67B\!9*\$9#TJE5.!4RY6AB8QD@QW236LX'SF=?#%K85CQJA@A%M4Z:? MJTWI#]J\WN)1TY2[-K+>-=)UTC)ZTC!XU+UZV_O6 %#<="L?MDUKLD:S:8TF M*3[)!FLG%H_736VP44MSFTS5]&&#=9[/;++0\4F3E%:S&B4U/ABMH^BHE:*C M!C[/9C6Q>M2]27O#[.U5VAL,QRWK:670FM?<#/LMDK8X8LT+LJS3XD(LCECS M@N&P^WW]"^*(=2\8CVXVO !&K'G!Z :DT;/QM9 MF';?=@>]JS8/3AB.":B(\;)UV MM_:3T^?MD^]:#.'L<=OM@/EIT0?6X=6H#DO.)C1C" MDW8;,'W8,BU;-RUKG=:N'Z\D# MAP=Q.*X-;P\;RH>ODMF4S?=@ZK4%ISJ]'ZEZQ_09NOV^C>CK.VE(3J2=.D%E]AW,33R>AM M>;;5,&OA8?/4ZTY3QDSYH'U*\\I8>+AFZBH3:]/;3PH61N0/GX;9H&6)-H]; M\\*U\+3"TD[T-11O6;;5DX9)44![*Z>_L^V'Z<.EH>/&H7PZ=+PX=/[2A@W: MP6C<6=BB^*N_9O!_O<\&?\Y'KFZV?J?%4)PDR8_%T]G04=8T$-Z)?_RO#^^_ M0*!RVWD[ ^7G__V__BU.+\*R5Y9/'HHU/'^U%;A\$;9S\QDX;;5":F!P4[;D^ M^"?X5/_\E ][D^[X8_XES>^S;JK_RD;_+$W$/]_##X-1J@>]\NF']/9;FC\9 MR69: D*4=(IU^5L/OOS773_K9N,I3&]Z&0R99@,#7C\UX?7#SR5B/[4@]F\_ M-KY["LJ/-5C.5<_M(@+EPY?"^"5T7@^[0=&=@PW:7SN^,I5_&\+Z(E"]2+.WP]FXX@'^.EAC_-4\[HTG^\&4\[/YY M'NROF+P6P;DL-&!X/(DXIIM?.CN_P7K>C(/'^'NI])UKY?%.KI._U,GZ[T;V,Y=-N[T7R2KU^+ZRM3\A>]'Y_M)J?_] M!:7;G=Q.^C'5]V/,.8W#\O0FLN(^?3?H#F_/) +<56BVQ?N5"-">YN4B/<\E M/4]PB' 1AO,3AJ,XGGL(P^=TW,D&:<]W\D$VN!Z]2,XW(WFV;-[! ,!?_OEE M\FW4S;.[Z'N]+/["WWYJP.Y5*?-+ /%Z5O-E<_#<5O0>S+U8Y/-C\QZ*^[*& MST%!ETOX[YT!NJSCDUO'BSLQS[B)>^'T"]]U6]0"IYC%=,Q5L9MUN\2;YV+9 M"L:JRW[1*>BZ!3:K(V1<5QEEEVWB,]DF/JDGY-,7YA[ M LP]RLK=G;D75^.%,_BR07=F;-Y[?^7"Z;-]3.(Q4K*?!>0K)2N_-SYW!]93I\5\?LD%V.[D]'Q[/P/_AY_C/)?B?QH%\ M[L3T18;6(@HS&64#$. O4S3G6P251+\'I6>'@P'8Q^R^6 WGP/E::-&$YW0) MKT?T=8A(V5;\[Y,!X7,9F7P;I?\]B7KP'O[X^G"WW%IRY?F9"48S&%T2?!Z*,>,>[*ZS#I7V7]_DMG=C.:%X5_D8VGEXU35/D75I^CTG_LS94[ MY"]$"J;GJW([!0G>QUA? M H\-UOH2?YR N;[$T)<8^ERU\NXNYR6&?E$"L--&X,6QO#B6)V>&=]\&/%]I MO(C&897;Y5SN[Q%]12M]G9A M_+SZM=/WH^AFO$!^SRM@EY%\/6R>;H.\'W8+'[&<<795[ULO[G94SY/EV_=$ MVEDJ#,0LW[/>^.8C# >2#:[/2>T_IL72,01O/35?CZ^V93?/5V&J'M,2]/PM MX:E)YNJI^NO0DV>IR$YMC^%0BNR\G;%34F?/Y>N=FE);/6>_*+6356JG)"Z' MCB5>EE)[SCCBHM2.(Z4O*89X+OF\Q!#'<@K/VQR?FF-XL?8-?6UV49*S9P7= M>E^'Q4VFGP"#,TG)+'(K"0_17_]I+=\'9TSY;U>SMD%R_\?%VT MO9E>[#R\BY=N7,?+F_1HE+[HN'L-OJ^/^7HR'MX.OV7]%ZWC:UB>+:/WMNH7 M1K\2&_X:;/>KM]E?AE?C[YW"9ZW^ZM+[M#\L)ISA#0([L7]K[%^/8%SB\A?+ MVLOYV+.C\$_+W;OLUKU:G7 Y/CV7U;TWBR][LTIOJ -]-^@.;]-9HZVJ_&+E[&4T_GCUI7-V&W1KD%L\;5G![GB\/=4J MSUV$X7,Z2CMY]P;6S8*CZ_^ZB\TY7Z!X;('OTPC,L^?4[RDP7Z(*'5P#_3YT M\C_36)#P;#;+1.!:PW*48-<@HN[3Y"<_%0+J)RB7Y.._IY=H%9W2[;W/F]ZI > MVZ.?7_?WF;[8W(-]/:+GN56V.[O/M]'_#JQ^CG;[I\7FL[I59P?./M'M-D]Y M8GEAYGD?3^W(S(N]?57LOMC;,V1SPQY?R ;9.'V?W:>]U>-U\_"A\Z]A;ON= MT:BQ&JQ*N5J9>%YBL ,!ZC5B:RGP2O8*5YVXBT2=H40]I9>_EX!,1N/A;9I_ M3ON%1A[=9'=G=N"PGUBTX_UZA>%=[$_:!8O=O#_V"L1B*PJ\7@%Y =F1>XG% MBZ]@WDL8\EZ:?\S+V^V R*;3_;,_/+/LZ/WD82WJYRD2!XIA+C;DF6W(2<4P M!Q*JBZIY9[?UI0C0Q2X]TV[K2Q&@RW[<"9U%/[M05:YR&BMD)K>3_K2@_.HJ[8X_ M%:_Z>*5[P[M9=>Q6 WO_ G5_/M*4QC*:+9 O"VYVQ/YLW>;%LYWI6BJ-^+PP MH]#*.H/9@S1>&SHXE_YPT^O%5W&:,K@5J5=RZK,=ZT'?IOF@<.8Z_9QVB$%T.\1O]^Z1/Y).Q6H?YKFO[:N9UWWOPCR],^N"A5_=^7-+_/P&?I#'I?.M'3 M.9M.G'&9/88PMP>KY[Y(CPO7GB.W][W_7!P#?;KUJ7?QLW-G..3 M+VEW$NEQ;KW4FK!;V2=H0N^\]<)6K/VJ-9!HH>#WOLL'?PZ'*AUV9[MVMU?+E[5[IBS> M7CW;(7@G^3AN4<;G+XFUC:B=K3K>GJ479^K%L?9B:<^2L=NY4%_AQ_?#SN"E ML'(9GQ=L0R_,.\F5%WDG?\-_[PR0F/LY2^[=]E[N=B;W?39(/UY-YY^7)-3I M<@#?^&"VOD[7)Y%(69QPB./9@@9IC,I$QV]/G^GK/$WGY[6O40RC.FJGR N6 MO^-'_1=M>-&&IR.-[<[5_-J[V1UY(1MT!MVSN]MSC<>U&:(^CMX:SZ) M@#;$M>LM7^AD^7]V^I/4/+S/.M^*Q3?/)(QO^I0.!@]_='(@Z+FEG]9ILQH6 M'],(KB7M%) &VIZE5.X:'+Q/Q[!LE[7N:[:"3?1XP<;O^*' T;7B])J=BUH\ MBEIL(NY9ZL4ROS*DWXAZ6_QY"18NP<*6$C5[X^;TT,7AA^_&O9^" M/19=?BB4@M[:0;^^76G[PMX9IS]//S.V+M!=\4,%66> M:2^FS#\407>G*!P>F8?%)[.WA&%^&SW=JZQ[+C("!/EIA2!3MB]3Y$#V9WMZ M3H%H(.A9JJ&IJT0^=!Z0>%O\^?22.+^G9O)ME/[W)"[^>_BCYEZM/+_(\9/+ M\0Z0M#!SX?+4)FX^G5_'%R+A+?RZQ>$'*?M118""Y-OBS\(-^/A]D.:Q<'^^ M"S@9#SJWO-@X>D;+>0E!U4=>&B8A'SB]!>A'8[?8MC+2CFV^K;E>&/%MII MK(V7MP)WE,:V&K?S$,Q]168]UD\4I?[>!#=NO@<] ]^'<7A^?B\.QHLE;\EX/UV/RM[!AS.2\XZ?."DVQ M=E%=%]6UE;=]V ,N-\U1 P\"PVL+[?4>?(GKZ4WLG=%<)_W^X9?/:7>8][+! M]6A%&BV\$7Z&8?"W$; _+^:;AZ44VT\Y$.M3FG^YZ>3IEVXZ +=E^/7[4$V&,D&H)Q@YBS^'/=XOKR/;L:ZRQ__]ZN)A7.)D3R3987P9=T/.ZGO?F8 M\U\*-4H<2/B:Z+APX-Q,R*<[MP'M3W8XMUDDL>RE-G/ M\^W03YV'"$9L0#/Z>I.G9W0[<]LR6T_E4S4SNWQ[:Q:7R[Z9QT]D]%21DDJW M-7HKPP_BH['"1YN,QD<(>C\!A$#QE^2[,KPPR7&7$3W(KK/GB+S8G8[9I;X(N O=*]C*U_K9>UTO)C5.=N5 MOJS.%[HZMSIW>#FK'QFL)&>_ I'_8FW?''O*R16BBU&*=] M('Y5/ 4#[[.SJKQH0JVJJ%B'VPMFZ@? ,WT/OPQ&:6?0F]YFG(YA_'C8'?:_ MIOWT/HL4?/?IZW_&7:)LVNKB)3#]<;B?I5!,,SSBAA>96QK]O9/W:J;"W][U MAP]I6FP*?KQK<-\^]3N#I6*LK]_ASX>O-UD^3M/!=,?QW: ;4;Y/X^CSD)I* MNR_19:[T6PES().S2-:R&?EV='VB# E,WI)C9!Y3]+;X\]2O#R\7)=K24UP= M?I Z7E4TR\;JU:S%TUX4\6CX+3Y<9X>IZ2;Z+L?\93>5.]4F:\LVF!VR!KK1 M!K>LWR]I1/8E+^#-&)ZE62L.9<1O^!2-V0+:X@C^I?J-_'TR(/PBVRC M,^/K&L2JANTKF#W-9G3DZ@Z]-E:W"1Z_&5VV:;D(P3,*P7,W7'$+0__6A\U=V.[E=32=\B<8@;B;.D/_AY_C/)>P/M/US:K9F52^Q M[=M?K@X_J%Z*TA?S*X?]K%P?I?/GS_>%:F7@^LO4\Q74VAG:]Y,1MD@ M'8VJ<3.EIN^SZ;GM<#!(N^"[S:Z+.0=I;2;/7)):Z',H05Y'W?(BV5;RO@X5 M>R!Y;CWAF1_[%H<<>M KG^Z\$.)Q_5EIZN>1_?8#I_F1<2,KGF[-+7'R]2RS M*J:Y++/+,GNAR^R4HL9C+K/RX<69.XF5ML2-B^OXTFS:OI;LLMB.L=B>R9@] M]V([!#DI(O1^Y;D7N* M#,"#=_'8A:T7-_;T?( GXO@<5O+(9=6/U(ZO5*Q>A+JY M^#%GM5(?:45> E.?<:6>(DLOKNEKG/TG- MP^RO_P%T[>3=FX?WZ7W:7U)%LS'O!G>3\:@80%;4T<(K/Z2=T20OB!;RHM:H M^]#\OH61H\]I=Y+GL)[/2XZV(^5<;:VAY8%4UQ:<: !G#2LN,E_RB5YD_F R M3R\R?Q8RCR\R?S"9QQ>9?U*9?ZT"^LK%8:D1\G)[RF)CIC.Z*1M7?[J!CPUO M%WHQKD;9KU6:5KI7%MLO6]#M-:NVP^\6E>EUORWT4;D$Y4\:E)]4=MI6M_A% M:8@-P^Z*%9,-.H/NV2F?YK;I41#:,#O/];W*T$N(>E+N^B5$/0^9OX2HEQ#U M7&7^M0KH11P.J@(OIS&7TYB3EOGRKMS%EJ!V6'0TGEYO_#D;_6D>#)#DYK:3 M_[DDH+K;'4ZFA$BS^\ZW_FKE3,.;:DTC[60T'MZF>6WL>0GX)J+-9:F-:@>2 MZS4T7T@)7$_TIXG;=R]T6=J2/&B5Y$7V+[+_*O>L8L+;+*?JEW1XG7?N;K)N M9]FU^74X^/V,DF=;$9I+P0)&YVRX]U->7SK]%-;@?3J8I$L9X8?47J\B(7)W M%=A*^S/1@>>?JWE2Q;8GOXPO*_#45N#+DOZ]/?"+]%^D_[Q]\).7_HL+]R*7 MT,MRX9Y[&;OIQ:T?.CF1ZU- 9JMI\FV8][(!?+87!YS7.FE. ID)3"-N3^3. MJ,A:(K=U9U:&'T6A:T"AE_4G\8+ +_' (!MGZU/>FDOY,-;.[R]FXR+ M)?3QRG?R03:X'GU*\R\WG3PU#\TO6*IFA0GPU_[#N]%HDO;BE>;#09$">%Z" M=412S>M4-]#J=:BLIQ;4ZAN?T]$XS[J@&@J2_S[(QJ//7WZ_B.E,3*N/K*74 MZQ'2U:V18VO33^E@\/!')\\[9],LXLFT9P-M7L\NQ5,*XD( =Y_FX^Q;/XV> MU'S413!K^G(#K2Z">BR-"6'/G^GXHC(;5683<2ZB> F%GE\R3R84.@5!?8Y0 MZ&+C_0A(GH]ZB#-Q."^M^SD9#1K#\ MZ? PILJ3D!B.=9(H@C5+6"#\AY^O.OT1,+GV\NJ+=I+G\:=LU.WT_Y%VZ'PF=H F/VE54@IO!MSQ)#64"&)8I)X[!6/F!5R4-"M/EAR6UI M_=(J&#&3;(NO>X&014 &R[V6E#*5^)( $G,K?O@9H[>_+7\WOKKZG"\LI"T2 M)OOO!KWTK_^;/FQ#>(\EL-UB:I+$&$-=PJ;?]4A9@I;]D-8OK8 QWW(O;,OH MXV0VY(N M5 G+?W@3=4#QLDI'4)Z _ MA#+5,N)(DA]^_D=4D)N^M R-!T-Y#<]^R8??QS?1(>L,MN&J-IQ@A+3!S G' M64A""8S1% >TI-O6?&H9FI#UT]R"C%\/\VV@X D!K:8-"S1@(A)I>"73-L$* ME-ROP\';3K>;]J,_D/;>%%]8A&KID\O0O(//YYV8EYO"NNN4Y-P"K 2$R1.- MF#?>\<"\0]@2@T,08 &0J7&J^4O+T'Q.K[/1.(9=OW9NMUGPV","WZ?8,9 0 MK*Q)*A89(1)8\+_TA]\Z_3>^<]U/W_@(P[B3#>+"?_-NT/W;(H3+7U^&[,M- MVN]O+SH&P;HW)GCXPPDEN*"E0G",^TB=FN@L?F'EV["D^U6&]18?%RH1C@H+ M"\EX)#'VJEKM+##G?_AYG$^6O[WXA?CQZ#?4J[%UOS_\WAETTS#,IQW]W@]' M(_A'FET/I@SM/D#P<],97*>_ )GCXW: Y]KJ+5VD73"!!T$3[[#D&BO$I'4T MD4(%0@1:4%9%E/!62="N8-8."/0:&@QZ\70T2O(?&2SQ,FC0HU$Z;OY435?' MCAKMV%-P9Q@VQ+LD<.Z8#@*P%QKT-F;!K6(OI!3KL-\9W*.C/CV-G]Q.^IVH M#/S55=HMK?_'*]T;%H'N_-A^T\#>OP".>9%%*V%!3R68&6X9QL(%;B2X"8Y* MHY4R5M7$"A-U1H2-BZH5=9%HQ)$QRE."& +#FL05I:@UA#,D5E%/**8GBWJY MO,X@8!^FG3CX>I'E]R2W[G503$H1P&#P6XS26 M&%'$0X@DQZ#G%F@\WYW!AR-Q#?^3(^['\0U\9">B"B$(5Q(;K@U8]Z!) FL8 MO"\M@S7!-A*5G@E10;UWUSB@!Y-3LFARB3(0M2>88*RD-Q L12DU.I" A%W4 M!-6&%OH;XX>C:(GTB=!Q*Y%1I9Y2Z=/K?W7U9P[!F,E M51 0;5,3O3FI+.%:*[QJ9$A26)F# MDJ8!CT-2ZH\\&Z?#JZN=:6.]M#PX3F5 H+D@[C8:VA#I?W(_! M FDD M8(8>$Q9:!^B@C-.B-X32RD0@N^Q]YP'@'3)B8O8LJ],\X01K"'J X3 MI PN,?4BX;P6SI"#8FJ&G1R"!9?E$#H,\]%_#L>SCHS-3O2TY57W)NU-^NG' MJ]BY/!8LCV_B*KI/IZ^O_YJF<<]@WMB_$X'M;3;FG!!0!=QHB'8=)M08CKRP M%"EDP&62"_2ISCU*P[,6M>?&_P_X8#\=C3YTXH'F;?HES>^S[BQ]M94<#GR8 MZ,]XY[DRG#(N") #JZ!9P-X=@AS#ED%3OT;?W0TS($O//#1N]SR/F" BC)#< M4I4(K[@-2N H)M1K([W'#70A"W39%>53I=>^8F7CT9#G5B4)3YSB(%$4R$>H MA2!?4WX2Y/MZD^6]Z'"=A,31A%E&.00:1F',G2!!1XDC6$K/I6X@&=V'9'.L M3YAJ^\H=54X@GEB()!+EL)E&=>4,#\;))[@Y$1-NYR\:=?O8_Z#KCFR"[N2&V!Y),CSFHGF M^4L%0/'',.E?9?U^9'Q\WL#$):"$YFP.N;D9#'_ M^*TZ^]@&<:L=#L9Y<,\-(8ECQJL"<4JY1$MA78$X1[OC/;J)?CO\)R[!^TX? M?IW[=?,%NL5^YZ+3B;SAVB?$!>8L3P(+3%AKF?7428[JD+-%KW-[J&9X[!9X M-!ZR;3H7T I";*=A"8(?Q UHDD"+WZ8SP7A%.@W=J-?5#"&#,7-"=.&N&%\,7&/B/@ M/7]GOGWAM*##GO&'$&T200 MKCD7Q5HG!ELI6&VOX5&8K^X>[;J)/AQT]S$#1%O)O!7@C06B">;@6I9FP#)& M#R3Q<^B.@]XS&0/)@Y,HT=8S6!S6:J1Y80S MB)P:^MGZV3?]7%,"JXU"1K\ MSYB"QTD2K" X:%C\T20@)Q(M:B9!HKU-P@%Q/+1AX(P&D8!?YQ/@.(2O4H?" M,#"OG0NUP]W'$N XMF'^_@.9!P:AJ,226(ADHBO$J#"%>3#66R_I*EDH?;QL M'-1$S%^[MY4(UB!M$BHH3A!$U5Z\,\+*><[ )XZG2=PI;B!NA:"5 M0R3K@S&A)N$)JSO\>P);X;Q\':Y)!^E5ULTZ_6FC@EA %-+.>)+7UV_3N=%2 M#E/P%'R;!&+8A(? +)5EMCT-B:0U#X<(I6;8;0W6X_'8Q"7/G4?"1)?=0^@" M\:SF9=JF DS:UN C,;!#8%@'O(1LD-U.;O5M/$(<7BUD,C?J>T +&%9 MIESKNQSSQ4.6^02 M3VJ^/)9\81?CH*@OTG->I?8?:;\W'GZ(%(_;I^5_/T?#MS;OH!A1$&::A?!7 M!*DBQGSO5#IG10@(A-_%<FW_2^]O1]=-D_=1X:]N*W2NB7\'\^[L$:'G%@C)0U M81+$H9;MDK"Y&6L"8!DX6#'#JT^3'"*N4=J;W32_LV+#E&).%'A7X$%RB(N8 M+DLV8B)&?:=8+5K;M:#L!^_&K3X%,H 3HK!3F.I$@2-54A497T^?V@72U6CM MW:!JZ]YZ)K,%A8T+Q%G'.3:8)DX3@LJZ%(N,JCLT@LUSX;:"Z''@;R(XA,E. M@#?F KJ(=X\J MK087A('%-EK4MT/>2BGD@GAO J@"/.+T=1FG&%/!?]]GW_+.:KW;ILU.$9 T MX"A!H&HHU9QPFI1&5S'#:]$KA+GSZ'4C+/L#O78#COI@32*4L]0CYK!'7I8. M4N(=J\4VC%&Y#]"CXDG1I;$+OF+\X=V@+"=.TV7Q+D4$K XB;XL_"W/V'FS0 M]?1V#F#JW*I_SZ[&.LO?O[CFW0\[J>]^9@-\0TP5SG-I4O ME(%W98.2-A;+Q4)"5C^K((N'M!OQ;R;4P^*PXA#\].E$8,TF5C +4:4"G77LY5,=>PK*OU:H'93I-"#X,%Z']ZF'P>?\N%M-AH-\X=?A^-T M=XUOP90;) ,%L!T/ 6%ET@>%Q%3MO 6&T#TQ^'@7ZW>!4X6S\SF][62#ZE]1)^P;4\\$#[X+GQ@_ M?.J#VP[1Q\SL+US]%.7:@$O_/>N-;Y8A&M4B6R6$X(@F6!@$UM QIY6G%DO& M"0N8QLCV'U-2;$+NY(A@A^^'W6)YEC.R!@((9,&4)A#@%C<+-K9 M$G/',&$& D. SN%$,53V92'$@X_:$BUN#=#C,=@8?AE%=4SCB-(F44@(*\\^ MB"-.UXJ8<;)P>OE(/$ =+&Y$K,S?+:C!1)+$8F.D5(I+0@2A%1X)P;7X ,SK M0DW8+G =!)>UL0ZGF!N7>"H("E0$"^%:Z1W%=-'Z>3(7F#T*E\]I/_8X*3:I MON:=P0C B"[TU-1-SS4^7BUTJBF.9]/>?)MKU>&/M_.%]!N2;XL_"[TQVQV; M][J>C >=Q; ,P/VD/Z_?MQ,L!!;M@3?&!:"1#N"Y@U*LF@D M,J/7Y^%WQL#A75&]+:",S,/BD]E;PC"_C:7&5UEW<\5"PK3!V J34'#&!-*) M)\YR@8200:+%;<:JR9%*N%A+[1UH-*=V>2Q<*GG@QQ6@$07[X[=^&?+YO^[2 MV/2V/#R./_T*]/WZ/>W?IQ^ V#?-%;P-"W)1X&3BD!/(Q#87 7.A&/&6:%#^ MS#FLFBMQ":I(<%# 'TN/V)+LZTV>IOL0@CLA0$Z]$(E/*#&>)0H((3#F =FE M+*@Y(;!X'"%6(3X(!;X/]\&?4)T0B+JU0=HZ[:5&(@I"8!:3P$(S_LD!\)_! M6V$_;70:MYEC=50**ZN87IQ*S ^H1T75^?BF,Y@V.AV%3I;'D[#49:-N?SBJ MI1E4J825:IE-, ^SO_Y'!A8F[]X\O >4^DN.W6S,N\'=9#PJ!N 5;;7PR@_3 MKHE%Q[R\.,/O/C2_;V%D+$^>Y/FL<*?=)P@RH;&9 S62,V]][$HR[1\GDV#: MDOL/1]HS9!9Y+F8)'.V+ E6KB>' J!#*+HO>0AS<=O#RJIE%GXM9S@@K*"PO M<%3!!'CBO:Y6EC.HEC'%Q-P_?1$<.RYYE4*!T* 3ZF*&D@M/:7P+YX<& OA>%6<_H M"&!*N 2+GP06NXY2K$WIM<7S3%;;D;HPZQD= <$,!B/E!8H=N8/#U)(J^82P M>NT/8?1EZ<+CDI>$$"N,A,)8"2$-Q[;:#'=2^%K9T1.0]W-Z5R8X?%G^N:=7BI0E,)I+11( 6H)@*+QS!G ECEO9W M%_9@%BCQ.+AG)(C^Q_3N3C?)IU%\-NQ-MZZFOX=A7FS=31V7>E)4W.@3OU$] MN4;X+?Q)\;ILB-\__#*M[X_E'P?.AUBA<))H(IGWB"%AK>28X21HG\03*$IL MPT;?0B'??H2IR+HN$:MIYW\I"XLI)24LAR -PB[!ENB8A05.F<:,UA(Y!&4+ M#EESQM4&>-:V2;#.(J"7UH$'SZC3,5,;X'$H-JJO=T!54W#: 9K=BE-V9_O4 M>2A;L\$O^23R>%I,DZ7[-4' !"MO>6P#K8/5VF(NJ_,&IT/]#$BJA$XAW@.V M0Z&TOH1?)U+'#+>$N0"ZT[JJ4[A5QM4C**P4+[OS'A:EA1WP#>PY>N[XDI12 M1U1L7&Y8 +BAH6 M V\$>P6,?2!=?[9I$)"1><)4@B'VX@)@+R %'T?7ZT03#'+Z>$A_W?4\F0L? MF'8T",H2!!6K5R58T3U:X>*VQ)TJW6U!J8 MUQ(8-$%PRC-M$)5'M&$2V$Y=C4-"4X:?C,2;-%,PR*D7"<<\6(U!I6 M(S)^2A7)3' U@0$R-KL=6Q!E"C,XW%O4P;5F9^VVAIVQ&"7!2T^Y#B9@9,HU MC+V)J9DU5Y%11E81/ C@3T:,O3+<9L^*M)O>UV$19Q>)$)L:Q$GME6':8Z1! M[9 80)3WS,0F)+68GR*1G#&%UZI?E@B9*(YTHD- )I;5H-E5=(K6(Q,E>)G6 M=;;$>&)Q$X$;H*VB-!$Q]).N='@U00K)VHJFA'/VE!0N,(E;6'EZ$R^*O4^G M&?]%/Y!T_/'J:^>O'0N@;%!(R >/0&_.8 *YB7*L7MVS;>CK]J?[R B7D:4PVSOD_SSG7Z^RB]FO3?9U?US$%19,$1N:@3;\"Q/:44THPHQ!_&&6\@-C.4EDS M*F]G_5X.#?I3DF/A5G!8X?,]D[C*AX/XV26#T@+!IO,*Z05/-#8T.HJ"*M!( M)6E!YFTMQ#L=TA8;U=]63TL^IT"C$2B/LJ/ -"Q82,XK3DIV;S@D0)4)8G2\ MXS'1AGC#@$S.(*>D\BL @,!@2R#+2:,A(II8**G-#@ M<7JJZ[D5)5OECF3U)(U,:V9G!?.B74: M15"BB1;>QDU\B3%#U0V_H$Z\K+FTSTN]?C^6P*6]EB/JO^)?=]>J3+O8;A0; M3P)6S-. 2_\7$:-LO:*[MK.\%5R'PV2V8J;.]6QU506"\\.+*65C;?F&512D M\,9)E7CA$NN1CHMH2H/8]*Q6D$;DZ5.@&O-+.@ GO1_#R=XMN/3Q4N%BQV[Z MC4TY8+%H :(('KQF0MF8!E92!C2/J9\(8H;/AS:?TU$:\X6 ."XF! V+B'H[ MR@2!E;00=SGK%+$$G+>RB!%11GV]?Z\Z'[I\28O&F4"6#YW\SS26Q6U'E.DU M-IX%#\Z!L,8E95<=((K3N!:NXFV%A7+7UL1@U,A#A&X<% M%EYS'U#9AP-C;7%-*2;G(!R'T(G@0PEF#!@+(PFA0 ^"*SO*C:AYH_*9[.@^ M=-E;)X;8F",VGU'Q&B(O$LTK$RH\DC5=P@]!E*H)M!M.OHVO)OWZ^=B.!_M> M$TF]Y=03%DC"?6+BD3E1$'>$^I'"[";XW8 Z$!K/=(J)L<5>Q%I70GB\B%:X MHINWB4$9V+_Z)45U\_?A0Z>_VM%T MBPB5FMC SAHNF9<(5&92M;TB7.B&OO&)7#EJ6P/-WE!O="%-$J+/BT"^$B%X MB#EE97MT+I.:DT P/034JT)&O@ M7H7G$9!OE'-B2 M"XEWP3!I96R*Z92&Z*#P MQ'Z]!!P&Y$R9JQ\XQ=(T< 5+=>'*=ESYG([&>1:;KA36XG<@Y>CSE]\WK10" M1IF"1X$-MYJA@$C9KB+$K9,FGJPFIEU8TL:2A2K_38TH0&&!3ZI58@0$=R$! M\UVR >G$T@8V$,3/D0^K.SVG[%*16'L@"!:@IGR"% M!E%S1$)ITOU MU$S9R:6B,5Y&8#F0X]9SA;CR51-1@9%_.2[54[-A%Y<*(:L#=P;8P+%'QO+R MBIM$A\3(\')@ZN[.=2 M24P"-E@@BQ*.J>?"X%GG7[[4[&#.DXN^.KA/);2G\5IK8IG7"0\,"3U U(4 M*H-"&@W[6:_ [-TXO5W55_G=,.^,TU_!DTJOMSB*0=Q2A['"AH9@5(#0O K^ M$,&\5C!+D)+DN$C,.@R7&&QT1!(;A%,"$>ZLZ<(J]]7P:1$ZEEP MJ*4F4%'U.(18 M!=5VI&GLU$/M,!.4(]8FBPF,-#*E0$,S64ZSB2F#/@L-Q MU0*@&^NU5+Q$W-+ X.^V6AJ2HMK2(#*I'56='B&V4PLH<<8''9AE8!TXPMR6 MBH(;[ 4%+UC9P6G#?KTD!YYC'9H&4HDAEB7%U.9H5QM;@P5PEC2JZJ61[ M+5CKE1:5DE.AD8ZFE&KFRA2VQ$JC5"U'$\>RV::UT@!6F=U=Y-_TLE@\,WHW MO6:]9R;C7X?C?Z3CF >^>T(VUX(A!A(% M["#8;#R4Q4I;29B/IAO ]YY7-TQ89FP]Q7ZEP\HCD(G7H,?E%&]1C_F.C[KQ MPR/J+3C#Q"222!L093$!RMF@A*>TG@A-:1,>ZV Z$ IS\]CRCD55$W\,D_Y5 MUN]/K^8>;39 5&MF=:#*(A=K?XP7!27 18T^:OT*.'8NE/CX;=S)!ML2 CGO MA?5*:44HN.3@IN*"$!J""13J71R3(]!AYQ8],0V1 /.PYR9QL=[#QA8]SNB$ M,!YJD1$7;"M)7FF LR.XQQ9:P:WB5D!("*$!,P2Y4"Q?(Z4!?51/S2-=?N%I MCVTGSQ_*N^UW3(-.$-7@;SG--./&<2%L=<>4]KZ>RTUH(E:MWQ9 /1Z+];TV MC9*@#+UU3A"((9-9IP(J8?'5-E0XJYJQ/S<6RRU8:*(\=^!?U!^43H#W%FOQ],B!\'OQ.OHV*7L]C?P]_U+KQK#S? M0 9I.)AQH(7!@F+XG^(.0>A$K84XK^Z04R0/08>5T?,SF_)MRS\LC*PK&K6V MV0YU-#' 8@CLX^T@"<>S^]UY4N\O%&\^K6&W-[!'Q#I95WI !!+!!BPT.*AT\6ZG==&@P2C((2VE%,;+W,V,ZQUP\T8C(FSP'I] MDS)EXTV9&G.O$/<))Z*Z0A/$7M0='Z:257_O%+!NKO. ?_<.4%J(FQQ+I:S0!%C-8=NF4%6.::-!0\P(4XP5-V08#%X$2MHO_EKE/TTR/K__L,XGZ0_O/EQ7S"F M&F%>, *:U,1P@L2LAFRQR*RJFE7+B/U MF$LG R,^2.XQIJS<@Z5<,(=.!)'2:=1W.3Z@T[A,"L8"<1@".&0M@Y#;*QGB M?;A@=R525AR?%-.['?1D?#/,8P"[HU!ZAL%<2DMBO6+L@!=[5U>\I*8I!8M* MCE9=WW9X]@5[@PC&TCUC.>C;A#+.-99)E8Q/:&C*4CH@V--,W!TI+4RP/@I) M;-9LM#(^J6XIYU0YT02RHC(AZP">0K(/L.OI:QP/V'*;)%I(XA1/4-G^-DA$ M9=-]PQ ])UBI@P.[L(S9L98QQ? -YQ %5S@XI9T&&ZXDK&=GA5_JHEVAFY"$ ML83R8^)[-+5%/2P;([Q/O!>>,:K ;P'5%0\L#3C,CQ0L@ MP*(WQJ\[]CC;/A>>0[3GE%4>6>V8 CDE1:\_8N/QJ&O,A9>KVSMKL'E*K+_F MQ1U6#]O@C0!56YAJZ^,!J48Q?BO>6

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

Y=&V+MT?87? E>Z6=]3I4 +A\XOCU,XZ"5TY?>D8P68 MHB.EZ;!K1"@G[DR=\HU:=1SC 8%*2L8B#/5I+4I1)K+&1K'(.V%@F7",JLE_ M"KPGS<59>61& BV>GC)U]9$OD8JF+QP"CV^2'VZ?6Z-)(?,*A?+SS[$T2QTL M@XKV-F*M0K+4NF]4<*WPGP@>93 MJY<=/I3S_))XH$Y0:Y6P^"@? @^SS-=^^3[DFMS52?47,)!!M58*W1W2=V' ?-J2B M*:K0(V:C"KU:9\FI^SZM!.[04REVH=1.G!$O".^3\6P#X8%^'U_P;_NS2 UR MT=(!6!CH5<^92F>H=*8,DMD]JVF;2[.K/!M1&ETU;01"-$(T0\5'':O5[!.B MF4"TFKC799+P,P_]S5L Z;9KI#JH"]]1VTX5,C'M?4W,TZ_&:IDK+Z@*LY9M MP9"ALKU<'#F 6Z*";9=4ED-ZM*KNPA&J&]=VD6#?4C5\>?E*0E8Y+$HE/%3" M<^02'KMGM>S>\2E=&5:ED$XU+:4*P2HAIQ'DK#XXMCM6IV/N;+N]B7DJ^+=5 M]>(;LJ47I+QE+Z7H7:IO\O<:[$>.@9&02C??M6/LQ:#*'C-3S3X6\BD+90E% MH_?K^NQ^UT^3H'?(ZK>2KA*J ;M<3)-F2SG(NBX(JWS2_-DDX5/5.7G>FKJ) M0I9Y@]VYJK0/OAT%,]5X6!>SZ[G94GDJH^.SGJ?%]+H MTUJ@ZBI%=FAB]Q-!9'+>0WKT4O55E MK&DY4%9JL&'-T]H(+;$KD>$&NY)+%10]87( U M(%C*Y"E>35!B37*#KL]3Z==!TGYW-5JMBGE ;<&8JHC'6LQW5Y4/(58K X0,[B*\NL]$*5%::5OE0O M>+AZP;MXEJ*DQZZQ@O06X!06;8PY\0B<%OM-W21&EU<(^(\8BDG;4.FVV/>J M+2@PTDU2CL\?4"F<#: M<[H:/%F-M4W!<#5@.A9"T[/P5/6\+*YU5BT,;YVM-=5LF*W9:+?ZS7[ZC[F2 MC8Z1DHU!\[A5"X=MVE23_>S*A7)>S^ M<=.K\AF\+[426E]X1]M$;Z?ZW:N* MK!0&/R"U*X\,!N"T66.^5/.PJC<]N27Q0;,H27+HRU(,9N40I-T. M$B\W+>>(-#46#:]:3/NEE[:MICTP]>)564F#\6?C&O$\H<=$!X/#)6M7A=25 MR,.N#%0-#6ZQ57WECX)@)P94WPK'\ETFI]D%#WA\EX8I\4,?P;?N3"NX$":E M-ZSV,>AKF;[\8F.:+$1.Q@(9"^7(X**1L)\$DI%PWD;"(9NR584#*F LU!BG MUL?YTHU']M)6UPJ!WQ8 N[S$'3\/C[15N0!+61UDA\!]_4:SQ>; Z,:40@58 ML/)V"(FW&?&.A"=F01@M''M_"#DWNLY'!8!.HSLT"P"DWTF_'PH )"AVSW,C M/'8?4T'PF'Y2\ZOW-1O]+JEY4O/UE/*%0 :I\PUTVZQW<PS:, *3G2<\+ MS$PEM_WP>W>-H?&S37/NJU&2R4^DYVLKY>2]OYG]!XW!UL?.OIG9"2!(VY>* M ^3-;QNTMSND_4G[UUKJR:G?0T*UCV,RGD[QR(I@S))7 M2KK_3I-76NH.BJ6_A?+D+!FG_U&FQVGH'+":--1>+DHVTF/TG*N2"S7)\(^Y MLF3;3%UR^["%P2MET;5N!?>VV_MUGCR].[T[O?M.MQ^V:6=-@F75*K0N*MC6 M<*2Q0?+,>.\N MVY>[3O;EB 6)!4MBP9(Y[@A4/%F.-$.K0@N*5>/SZ.RX'A'OTY0%''G=SLIU MB#W,V75R MVOK6R5KU\ZR-YGBL[H*KD?3V]G5R-/W.NN3LN'8;N_*7-)V0X)'@L4Q&N]79 M;<1F=?5*JL%&QO&*W-_M&:V,O/'M^RV688 J$=3^?;6U=&U@J0R* ME8=9+:O9-E;87WTN.F% ,T9C0KOC\RFA74EHU^FT">U. .T(T C0"- ^#JU6 MJT6 1H!&@$: =@J UA[8!&M]TF]GX%DM*U^EWJHDV209*PGB]%NG"0?)!\G(Q\MJS\DFXHD@R1C13*: M5K]I;&^91(-$XV1$H]LDE6$B7E6AF'S)@:Q=HJ(GVJY@&\'J6-U.^?MA5>&+ MLG51A<2KODKJ](3,:+",A(R$C(3L('$W$C42-1*UM5FA/=)G)&0D9*5F*O9[ M?1(R$C(2LA+#'S95OI<:<#RYN.(N<>C3C\NWK5ZK9TJ"JK+*9>LB4CEG(1F4 M($>209)!"7(D'R0?.^4Z](QMR))8BT?K8M7IMMYF6U>U31N3!>..,#8+# M04]EVAO5!I?JU2++;EN=0?GI I5A(T(T0K2*L"(A6EGQ1VI"3X!&@$: =AJ MUK,&.]4D$J 1H!&@$:!5%]!L:]@JOZJQ,FQ$B$:(5A%6)$0KR>?L#\E$HVH! M,R3\*J3\P+Y,9W$D1LSU(Q$*&>W 7J>?2G,QM.RVL52:558H;_^Q--A^?TS- M=V*6P1D(4-=J#HRI+!(@$J!S$R!S,3F2'I*>EF7WC#5'( $B :*$Z24! MZUJ]IC$)VY9.)($D@22!B8'8/UC1PGF)'Y4VK!56]?%9J"D]!-Y(#_1K**2 M5]"5X91:1>ZFI8282IA:ETPM36P.LV2#N0B3"5,)4PE3#T[ M3+6:+7.'B1*D$J02I!*DGC6D=JVNP:XY!*D$J02I!*EG#:F=OM5N&4NX)4RM M,*8:HW'E #>;;ON0#2M>T5J5)]QY5V2LA\._BHA]\9^$C/#4..;Z[(Y[0E[> MSV?)B7*[;*MNS9?GR'[5X[3*T8?XA_B'^(?XA_BGFO0A_B'^(?XYH4 :A<26 MJ5>3@YHW;<%V;7,'-[]"L0KXM$:B5(6PP!\B_N")==HU; M=O.GCR]0L;4G%5N'F.R_8AFYX[FI5=]\HC@.^,5GH9"SP)>"10&+)H)=__*/ M+S>7K2$#!AV)J>LP^"]G+G3 M&8=O_4<6Q"$+9B+DZAJ+R?A!BM]CO!D>]C,/G0EKMRQF-^VFQ9X%>X!1<$8P M6A"Y7 WB@+QQUV>>RF#GCZ$0ZLQ^'")X4#^%>CJ>*\88E,&W\&%E6"3"J87? M*.'$&R;"F[%@/)8B2B[3TV9CU^>^XW(OF;[$I/F4% WVB\^N9J'KL58SG2[> M?IO==>4X0&,UX;L(",;#D62? O@/NWAW>W7WZ=U[6#0^A@E*&0,A.0-"2"3, M)5P._Y//,,51X,2*N+,P>'(14]EC[([@(3#%($R(X 3P64I%>'TA# AOY\&7 M0DCFKJXJK+A8>:N[&!8@&Y][H-UE-@C<..7?X6N?"4^H969^H%9./'$O!G9@ MSQ,!@X?P,LL3R^?U,%<_2PG3EY,@]N K&%73"W['U^(R&V(:C-PQX*MZ7K*8 MXDFQS&3A :, )HD3@E>-/16-XXK#@/R16DC?"=60R2A*M2@*X*=D1O#_^"EX M -G3;%J\0(@&^TVHPUA\16%%"?C91<(CEX,B8.+'3(S<)"*(/,]S9E!OY\]? M6CB\!.^"R<)8,/U(K#![HX+(4G\D'*O_TP/>PY(_!,%W]I26S"C.^SUV9TH@ M 3D4+SLPJ6 J0LE@()'A&RRU6C- N>>)"V+%0UANC\-BC]W_G[UW;6Y;MQ:& M/Y_S*S!YVF><>6E7U%U)VQE?>]*3-#EQ>CK]] Q$018;BM0F2#OJKW_76N!- M%]N2#$JDA$[WWI9$@,#"NF-=D-PE2UL(-AL?;]-IL^_LCX@\*U#C6O;')J$8 M_^G=_Y$]^Z[1'30&S6ZWT6E<#?JMJ\'-[6VW=]>]ZEQW!^6 ]F\!8'3GG'T+ M$5C17$$"_V$Y(%;PA9>R%A '$@]C'!"W^Z #3QV!Q9J>1=/"+ M61P.T9)K% M!43RU>?B:_P@G')O0=>V\9EL8M*_0#YZ7O+,G]XUWM%G4"Z=]/-SZC(#=9FM M59>G/'QP?;5('D=!^H6R&^F;)W<43>!I $2B^0*L/3Z3XD/ZQXH"EJ^[>)^4 MJ<+]M0;ZYC=2:DF]YN]?U[77ZO7)EMXX_,"O/^SP_;Z^)C>4E?.;5,SOMCDC MU7*'NVAU&'><02LM:'4C'#$=@CZH,,O>. 75I+5O >47U,7*A_]L'F!5!VJO M"WI6#G &':L8JM:H,:ND<7\) RG9D'OHRCND5E.A2S*]=V(UN_-2*3$=:]#5 M=L=5%5S?R>=HE/F#PL>PA2JQA9[5ZFHKDG,L;*%,2ZSV^L6EX\336-T!C\0L M%(Y+UV6[:+ZO%@?4J?E6HRI@JVEU.N7W"EG%GQJR9FT%.8T9:HAQ+3$VK.Y M7U:C(49-1GB-9>1Z=R7FBUUA3 &5X=2&<&7DB%%8&[0Z:V%T"/;_%WULW5<8P2\,L#\0LNU:W9YCEWO,+UOW]QS_$\OR!\]F' MSQ2X^S6-RU1Y^3]@SU=>X/S\\W_^QQ_3)^&X\[CM;V'@PY^."KC]!M!UYNK? MV5B,WT7@?<=HRKL;#"#Y'_N?/V[>,7<$7W G.N_9[?]W M#/KHGMLM:S6(]\UPIB7DN0:??!F%E"8@SZ]#,7(C]CD G)?L[$@=AZ:AU>FJ=&!R?YV9P^"Z2*A:;PS33 !CIOW%0(*/=8^3WCT\8;9XX M5#'[1&5G #KANPA"XS"8LE@BT1#P*"M"(-2B,) (*AS'9[,PX #I<9+'P NT M=WE_C9B0)+3 6$PRB'T> W@)9!AV+-5?)$S(N9M<(3,Y$6"]?OG?':5FHN5SN6K-[.!'JK*,WNMUY"59SV4@['X0LG($73%D MJAQ\#/X8_#'X4Z6LE\VBN>PZR[XT7!7O'"3Z*(7[2!=)!Z3+YXLP501>^BZ% MW] L8:\7OB]!H]^WFOIL[LH?/HZK<>>"6HNX]8"#_1L^\SQHCH+)G'4:K?U MH[(!R"^!QV0!&.YCN$]Y*D[/ZMG:G+N5/_FWJCAO=R?6WZ;Z2J4^G3BDB=J.J*G YVE3BES9M-ZU^RZ00&Y_>856.JB".'LVB3@S@S+;?7EBDN.G3 MME(,9S"#6!"G@S\&?RH('],[9M."Q6/7<;=I&F.\B:?M33RS+;O; MM 8-?0W"C<5?$ZY4+1[_+."FL#I/&&;T(G2.A1DU^V\O,[@I2 PC,HS(,"+# MB)[1BMJ6W7][=(=A1DL&W&;53@L;V*[R9W^W/2T,V]H9N_-JWWX$W\58A"P* M5JMQ\FVF8I,0:[W^']EKM]NB93N=!F^W[;8]A'\/VD(TN_WN>"3XFQ;[MR 2 MK']1+-')O@LI0BSQZ(_895I94:YNYP_\+6^F\IIQ2.$W(Q%QUY.[E]$L^4CK MAH*??/8W$.%4QPMK>%E4-//N\OZ*N5+&2=G8OP47].MYO[3*L=?!="9\2?V: MV#F[C["4\<*72=W8GMU_3PCW73P*/Q:J"NDUS!IR)Y+LR8TF[!I %4Q%F%6; M[3:PVNPU52AUU'R?IK,0MXX59?&-$QZ*\RN.Q49A-NF.J#8S//B-SZF2)A J MSV9^*QAHTVD-6JPKBP5/51%:-U\8@[^ HJC *95.A2]':L4( M=W0JP<#>_E M/\4D\&#-C#_!1GP:-7C:/[N AW@.G?@$BF,R^8"[%P" !V D%> MFGF5ZG9'=GI5<[!D[XA8= C!NPP89=&C&I2O IQ?3;S9?8EB8F!$2(HEGB.?(P+P87HMCQEE)-2",J61#4+D!(?"E>!#*&.PW[=Y'+#\)[Z87 M1A-Z#/X;2)P/R WHC!9/DJ# &>4'=N:^1Q5"A%.7B)O>R]V0/6+SHW3UH.F+ MT)OC Q3BB[6D/6"H08@,&FMZAX*(? J\80ROBT,4-0&J)]R#/S_"B^!-LQ#T M(S]*(./3W!DYX\L<+B<,K6>9[:[Y4<(4\CR:SY1>-7()W@E#@"5YA"$?Z4=X M#;P')!_(*WK+R)6.%V -YC!]@8I+.Z]D-R>TRB_4CXE/7KX4R_"GK:3: M]=QD^,3N0J#CIR#\>9[B#2 6KKOPS'=53%_1.NKMZ]^A57E*RLXKW2G'_[2P MOUH+X%.!S@ME_B42-_P)[,]_L-1D<_H35J_P@CDB!*MCD;C(*%D_XZN4@Z=Z M')1S^$8>WP76_?3F[%-".-H;>92WQ\2;!$R_TQRL:"'8OF,]6V@VSAMMZP7O MZ)O6\0RW(&>%P,X)WU%RP\<@G.9Z2A^8Q1UW7,^-%C2!6^H:00;,^AD6FGQ\ M%S/LEN$_Z-T2;4#1U2P.9Z@I4+76#)@ WZ(6I$@/UI/J,43NG'GNE)3V&;PR M&-$6W2D9AF2%X7YG 6DF,'88AT"!J/'P'"=QGC/X)VE+\>]4"1$9F-[#;RF< M0H13F,$I)]XPA=,%^Q( K\-F&Z2V>=[<6K84,S-0;75ED\KZS(Q*\7WY0:F-C;%IN(T0/^3NH&#INX,_@:IPK(9T/J2:J4 M<=HH]M>8/[-1=YPQ7 =.%ID;*5Q3$5WD.+^J5Q;WB,\KD%('$D(_15=V,^D/ MDBJ.2V7,F\TU[' 7\?0#F7:&/T^PAGQ!\0RY-) T_F;A^CCL7L9>1&>W+#J* M&K72H $AW1"4A]] < "$<'MC$$YPF+0WTM5A:>J]?E# G%Q*J#>E4N*Z*"5R M@KS/I(1:="J6C -.GR*8RO_76'YY1NYLO"00$V9NMTM"4HW*^>OYJ$' MBLP3(16'&RBR527R&C*E[, W<(>A3"V-,SD!:%@_^*^ ]IX!2YQ MN4@GQ8%:S4T7FW$1.5LI2B?4FOCM)>*]4CE(6\+5J*'8 (Z>A*7-//$+F:?# M?2 SD/ZCV &XPH,>J#I X4CEN!D8K29.-QI+,8X]OW KX/JH."F6DFAWY/6! M)T.I=(-U5M^6+ +7KQP!6NW!NVUNSV)=SL7?@\J;? M:7<:E_;UY5VKW^MV^AW5CK/=M[O7S=+;<>ID'8A4>"GLHE:O;NB Q37LWWQ:Z+_Z96@LD4@ (%Q^CR.-2*%8TMZ,\D%I785?[; M#+U!^Q?8L="/)H#]Y,;6PB7(R,BME,2F:.BYN$+8*'8,Q)$XE\4HLP@R_[EJ M_'=&WP>QA&'RO>ED^)9.AH/!Q:#1;+?2?W7T]37L:VEKV!TV&B5_UPATJZ34B2K*$5>MSGT9,1]?_ B/I_S[L8*I&9 M6P;$=DM0V01DS:[5:+Z]4M=K<*L,&IE*@=74$0Q',QQ-#\A:;.?1WB;-A7)O4V%5,SFKBIF!O%F">6$MC#!RF,4MH:N MKUZI%TY165CNCBP [=$ =O29R^\ J-CH2OCM]GF6B"(N,<^NX[P)64_ M^2-VG[ATOJ=B^/P<[PI _I)F#//^(N[EMW45]MX9TA7!E6-2Z>:FE*%V*KAG%HX M9_698ZMMM=O:[FYW!^:Q\+^RRRXM4#EUYRJ&Z)W3-_F^=)1FVMFETLEO[1A[ MT:FRP\HH3VLAGI+#!QY&*F4Q5WH7U>+DII,B3Y/8Y'7YM@OI_DG<*_QNI>5; ML/J!"E!="FFE&'% &C]2)0@ZEPAYI'7E0L?(,6FEZ.F U/A_[2:+X2&N:2!W)J%D:&;V$T)D?MQ#>O>2] M9504),EJ<))*2\^=>8(EKJ+8%<_P!;N42VN@VB*8:YGETN=$EI-Q9L>R80Q# M,,\",$=XA*L)EU@3W)#DOV+X->$=5F5:\58C'3 06S#G$-:3\($,((RK^BH2 M%J4J#V#&","#9L*7 L$F:.UC79(@^+E8NH3>4R"3"Y4])R3ND#)B"ENF*@%4 MZ J9RC2M)+!M%L6&F1#/)T_(K^//%)Z?5Y+8)G^B?]=OW+2;@T:C?]MN-GK] MF^L[RI\87 TZE]V;TO,G2JZ"L*)J*:#IX&+5T'H.F.GV%6@^90VY>%9TH4CO MD8=N$,L%WH.Y8)1=C>F9P Q/ ;$G.%(7%3PY(O%N"T_6?("6TP9LWQ_P2B)+,\\ =[O MA.XPD0 ^QS1@TGSB, -D"NZ5W22U[Q"B"92>T9YJG<6C)1&G%DFJ.GG@0F;H M>J[X70 !W1+*L$R^L+2>&M58^$QD^7+EVWTFRJ6):I,U^BLAN>(';*P*JZ@4 MZB%@]Z563#^HY@K5D".B*QP2."EF:RT&C]/ MJATE%==4O96E.BN@HXE?#A6?4KGPQ3*=%^E1IS7EA@$P/Z[>?!Z,S_%M:G+% M.M4B/9G)'*6&'.*P [EFDV+I42 M)6L-#$K0014_)PEUENZUV?CXZ>I[]LG^" +@"Z =1&BX MON3PT9M1<#E@C4:DF@?AHY=#T>P(RS;B8$I53Z8$_*!KR\7WU%E%H,UJF6EM MAL,N$UE424C+5+^S+]H,GO* :5<,7+"TKM:E65C6::9**WAS4Y]$/YM9D,.) MYD25$9?%'S(4?4W])25;@'G4H MX3]PK+2;$DONU4GJ_(2),V2=NRB[H@*L'PG/104KGR!QL?@BPIJ^RI-#2O/* M!(P_@ Z5U.N?SU25R8P+T$)DYI:93>:2[I7 .OS)L#R'0"\_QXH^X>@<;E*UK>M&R&F MJ"F%D;+IM'VM0C:Y(:V\=;)HCVNP\@KW[8OW7>?G('C77;H;DZ]F)E_CHE-5 MDZ]A#+Y*"YY--<#[[.HK+T>@ZAB+Q'JIG?:7EH&410U,=37)-IOJ:+D^6*AC M_MJ5X"(KS[W_*GQAX8(.I\JB<%(3;2+\%2OL56\_DP [*E8.T*$RYGFU^.5[ M@!=]OUL$*AE"W!\AYN2W;']5<%//>JU7/0/J>FW1'^ F]W2K]EE*8HM4-!4B MJW^Z9*5D\4Q.:BH?1D30J$4;:O$V7[7BG;Z_.^C*Y=/UV[973M M"DF7&HEX&G=%5P1S3N)@Y372SMHZ,DV%]C$*&MAE7H?9"9 M9$D. >)XEIU04/%(,*[1 LF7G7FP8YFG2ZS82CL82/FJ4CL1NR6I0*VTA5+6 M!D \HV]6]9AJ1"AY)L0BJ"=)AZ=5]5V;$MJ]:':,?ISHQWR*5//OK,G.<\:< MF^9&8!R:2-NT+IY=T=3;WE.]^)I$>[;PUFU)>UD*I%85[Q.&(9.0RRSM*F$& M2_2,*ZJ]7HXLU[0N.*G6!?U3JMY?L>%MT[I@E0-4KIZ#:5VP4>L":U.0&CPL MN9S\D9:+-[T)#H%,IC=!&>RL0O63RDQ(OGS5%"1K#']29A0FROFJ;;2?MU!_!4ARYK_23-Q6V387M,D#6UB>!JH]#IKI<-06W86>&G>D!69:\U2R?<"N# M2Y6K=GQ<"M^G[7SZNQ@L1UN7O]4W=?F-(5]:7?[:TD4)A8\9$TM'K+J*U)5*O>\"O.3T.+7P[BOK[W/SE"N#)8:+T8UM98MT,ZT M'CD 1S6M1XI +L-38OJ/;*C8/E]_?V\+TQ/E5HGEZM2P-PA*_TJU>2^+67C5 M+@::Y%ZD*848]AEC;+H,QM$3#X55+(A.5Y1YQ99"H5 J0;GH]TIJ,HE?,S>D MM+&T).\HR?JETJ(8T-FT*)+T:>(Z*DH]B",JFIY'+^<7HFG"!:8PX8VJE*HD M.V9YI#7%:Q-/K(,*313\DBAF'H94%S6K58JI/.L"M!$!L1RT&Q*J M8[*YP(1&K+4H;2.*:ZV$"A>256A\L)0P596ECDUHN)U!3YIIT Y 7[-%Y(1\FJ)26D MC:5TD3 M()4 RQ&/IP&6Z<=IY?MB,@:2Q&H7G*3"V5M!GH2($((/*WG.2$Z-ZF,\@WDI%EAR/J-++8KN9E0R_ M!:QT_4=@_&HJP*U"T?G5MC59H9?0E3^3CA6@BHY(TF'7B%!.W!E5^4:I.HZQ M0"!1R5B$H:K6LM#29Q2+O!.&:OR$:5*/@?>HL#A+CRQTLD&H>J3JJI(O$7G3 M%XK XT[RXO:Y-IHD,J] **]_CJE95%@&!>WYS(LQEQDS:I+MPCNP4/E41)-@ ME'>@>*WNN)X,]4K3DF[YD;+OK+'2&9U>5GPHQ_DE\D"94.RF-,JGP&*6^=DO MCT.LR4V=5'X! LFE3BE'D5UG+7:[2SH3+*<>FA2\4TK!&Y@4O!/9?$TBQ"IW M7612\#9*P=O!NV[0:Y]L4F>6C2B3.J,;9,VNU6CJ"[.K/!J9,+IJZ@B&HQF.IBGY MJ&W9C9[A:#HX6DW,ZS)!>,M#__DK@/3:-:(.ZL)WZ-JI0BIF48.5I5<^$ V8UKNTBP[ZD8/C]_)2"K M'!0U*3PFA>? *3S-KF4WNX>'=&50U;ATJJDI58BM&LZIA7-6GSFVVE:[K:^V MW<[ /!;^MU'VXANBI1>HW&XNA>B=TS?YOOJ[@:.OQ:72R6_M&'O1J;+#RJC9 MQT(\92$MH:CT?EX?W>_Z:1#T%E']5M)5@AJPR\4P:;84@ZSR@C#+)XV?30(^ M*<_)\];D312BS"_8O4NI??#M*)A1X\T)]J7 [ ?L\HYATR.7WJ/:.FW1E!-! MA0'=3VF -@ZYO+]F_783\Y0\6H**ZU;I@W_E?LS#.;/3UCRPKB?7\[(@YX4P^G3KA<3)8B3]FA0.*\O:^A7A\[&?]MC1F@]51S)JED9&+R%TYL6\IC35-!\I2#9XY\S0W0E'LBF?X@EW*I34@:S'>G3(? M0LPX"%2B[F*/&G@I$&R"UECR>!@$/_,TS(Q>1\6!_/4B[IL6O,(+T#=@J'-L:8>&2<%OL'#1*C\TMD^ _HBDG; M4*FVV#^H+2@@TDV2CNX1(.".Y.TC+=, MN@SR$4R9)=90O#KK.S-CD;>G,V6G:O MT4O_I2]EHZTE9:/?.&S6PGZ;-M7D/KMRKIS7(WA+O/2J? 3O2ZV$UB?>F6NB MMT/]_E5!5@J"[Q':E><,&MAIH\9X2>-(79YQX'&8U9M6;DELT,Q+DA1]6?+! MK!1!VJZ0>+EA.0>$J39O>-5\VB]MNFDUFGU=&Z_*26KT/VN7B*?)>G1T,-A? ML'950%V)..S*L*J!QBNVJI_\03C8D3&J[X6R?.=)-;M@B.6[%)L2OU0)OG4U MK>!!6)2ZL-I%H:]E^/*+C6DR%[E1%HRR4 X-+BH)NU&@41).6TG89U.VJF! M!92%&O.I]7Z^].*1O735M0+@MSG SL_QQL_#DK84"[ 4U6'T$!C7NVC8; Z( MKDTH5 %*Z^'&/+60]Z1\,0L"*.%LO?[H'.MYWQ0!M"^Z ST,@ CWXU\WQ<# MD"#8/<^-L.P^AH)@F7XCYE?'-2YZ'2/FC9BO)Y4O.#*,.'\&;L_+79RP>]'4 MS &,G#=R7F!DJC';]W]W=S'07MLTQ[X:!9G\WLCYVE*YL=[?C/[]B_[&96?? MC.R&01AI7RH?,-;\ID[[9MM(?R/]:TWUQJC?0LJWR@_5.SE&4/%&W@?WA.QA M<>HC/OYR:O.E[V.Z^IUJE?O%]=UI/$TREK\EF;>'W@N-6Y?S&XJQ)ZA]')/Q M=(HE*X(Q2[:4=/^=)EM:Z@Z*J;^%].0L&*?W4:;E-%0,6$T::B\G)6OI,7K* M6O.36?A.#5]*B:]T*[FW#>W5>O-F[V;O9^U;#]]NTLR;. MLFHE6A<%K#W8J@9#LR:=(W[CJYES,H:%"P)!0L&>,. ,6CQ4@]L"JTH%A5/@^.CNLYXH\T M9 %G7G>SP^\WW[D%4).;+UDL,Y(Z+U8TK=9^?+_ M$MZ(#>?L.JFVOG&P5OTL:ZTQ'JNWX#23NMZ^3DK3;RU+3@YK-]$KOZ;AA(8] M&O98)J+=J>@V@V9UM4JJ@4;:^94Q?S='M#+BQC?OMUB& G)(E#OM%I.&K@Q\ MC!ZUO7-CU2RZITY8/^:SC96K4T_^V(3K8X@O.\O+.?C8\V@:8#.,]X>D\4H4 M&=@$@*=7-G(3J+2LOMTI'3*GHD14B"=53GH:SF,XSX) \Y3?FJ\X3R&\^R/ M\U3&DJX-6RH#8N7Q+-MJM+0E]E%VA\=3P^U*XG;M=LMPNR/@ M=H:A&89F&-K'@67;MF%HAJ$9AF88VC$PM%:_:=B9#G96OP!7[2!L-IK;R,9Z M%V_482AC/5BT=N,T]&'HXVCH MP[9Z Z-3&]F2,V0FB&U MM5&A72//#)$9(BLU4K'7[1DB,T1FB*Q$]T?39+Z7ZG \.K_B-G[HX_?+MZRN MW=5%054YY;)ED1$Y)T$9)D#.4(:A#!,@9^C#T,=6L0Y=;1>RABX,71P-7?2L M04N;M6XHPU#&T5!&TT@,+68$#U#'X8^7FP"U=#F?S"482CC>"BC9[5[VBK2 M&](PI'$RYHK&1ELG8JN8(+\7W'%!Q#UV%T=Q*-AGP:5@W_A\*OQ('I)K5<(3 M7)M6--7K-F-;G9Z)B-P;;IRP0K _UE.9]D:UX4OU:I'5;%GM?OGA I5!(\/1 M#$>K""H:CE:6_]$TH3<,S3 TP]".@Z%UK?Y6.8F&H1F&9AB:86C596A-:V"7 MG]58&30R',UPM(J@HN%H)=FAK$UF&@ P!G1H! MZ?/)&>HQU'-JU&-;S:ZVY@B&@ P!F8#I)0+K6-V&-@K;%$Z& @T%&@I,%,3> MWI(63HO\3&K#6F*ECT^"EC0,O)&:Z%LHI(!Y_I=[L6#!.,EW^.SRH>NYD2NT MI3PL(FE3"R57WQ?^"F:O/Q1]5RROP/PDKF#6P[C9M%HM?9'-NP*Z,HAJ;J&K MJ2D9GFIX:EUXJMVWVHV2"G(9GFIXJN&IAJ>>'$^U&K:^8J*&I1J6:EBJ8:DG MS5([5D=CUQS#4@U+-2S5L-239JGMGM6RM07<&IY:89ZJ#<:58[C9IKW#S M*Q"K@$VKQ4M5< O\(>)#3ZQ[?F\+*P#-,KC6)?B <6 3^X/+$\1ND[DPFCFBP<>N8_"FS-W.N/PK?_ @CADP4R$G)ZQ MF(R'4OP6XV!XV1<>.A/6LBW6;#0;%GL2; BSX(I@MB!R.4WB +UQUV<>1;#S MAU (JMF/4P1#^BE4R_%<,4:G#.["AY-AD0BG%GY#Q(D#)L*;L6 \EB)*'E/+ M9F/7Y[[CLQNY$N%X??9:,N'0=@3 N^CP!@/!Q) M=A7 ?]C9N[O+^ZMW[^'0^!@6*&4,@.0, "$1,.?P./PCGV")H\")";BS,'AT MD:>RA]@=P4M@B4&8 ,$)X+.4!'CU($P(N_/@2R$DYH(F#R$S2PO+%_7<$X_2PG+ MEY,@]N KF%7!"W[';7&933$-1NX8^"N]+SE,\4@H,UEXP2B 1>*"8*NQ1]XX M3A@&X(_H('TGI"F364BT$ 3P4[(B^#]^"H9 >PI-BP\(<<'^(:@8BT\0)DC MSRX"'K$0<1YGB,#[&8_J]OMW76O.M?=03F@_5L &-TY9]]"!%8T M5Y# ?U@.B!5\X:6L!<2!Q,,8!\3M/NC 4T=@L:9GT;0PRX+5T0 MF69Q 9%\ M];GX&C\(I]Q;T+5M?":;F/0OD(^>ESSSIW>-=_09E$LG_?R4I M#Q]<7RV2QU&0?J'L1OKFR1U%$W@: )%HO@!KC\^D^)#^L:* Y>LNWB=EJG!_ MK8&^^8V46E*O^?O7=>VU>GVRI3<./_#K#SM\OZ^OR0UEY?PF%?.[;U;0/D%=;'RX3^;!UC5@=KK@IZ5 M YQ!QRJ&JC5JS"IIW%_"0$HVY!ZZ\@ZIU53HDDSOG5C-[KQ42DS'&G2UW7%5 M!==W\CD:9?Z@\#%LH4ILH6>UNMJ*Y!P+6RC3$JN]?G'I./$T5G? (S$+A>/2 M==DNFN^KQ0%U:K[5J K8:EJ=3OF]0E;QIX:L65M!3F.&&F)<2XP-JSO0E]5H MB%&3$5YC&;G>78GY8E<84T!E.+4A7!DYXE7)L*U]W&O-,[Z;+:O=Z.T+GI5! MNX,F=I= SV_Q]]9-E3',TC#+ S'+KM7M&6:Y]_R"=7__\0^Q/'_@?/;A:QJ1 MJ3+ROXX_4ZCOC2L=+Y!Q*'[ _J^\P/GYY__\CS]FH\('[KO_)J?&=> 3=.G# MI3]*JJG3QZ_C+.C['D-U*3QWS=P8ZXN _HZ1EWW!]U6ZWFN_^O'1P*PC[? S?NG/? M8ZSM>GKY"HC_Z,*27\0&$\V\^:V?%PRYQV[Y@R?8+4:Y8#X$Q2M_\IT+BG5E M-\+C3Q2.'(2S0"5CL(G@H]]B'F*74>PVRCX'DEWZ#\+#$.9K6/(X"'V77["% M=YQ%P8,*^7]RHPES(TDA]^[(Y:&+(PM!SL6!Q3CG).2^\.1U, 5N-2\\M##1 MDWCNEU@N35SX+8C#PH_O%2S@8"FI(@F^#S'.>RI@]93D(H&>/<^-Q/D0. W6B.T?]C+J-SL/6?8 J+/:C]30-JJ3!G4Q[^% 0[M!=+'=#BWDX M+4TMED$9C,<81<[9./8P:P9.[R$D_ZJ,80FXLA #R=7RB)O L29S33$[87%] MP+%BE<# R1M!0,8UB@M#;YK6^S4.V?4$TXQN?PDGILRAK^.QZXA0)00M8;+= M^PBG1 /R/(&1<%Q, 3G'])J0G14)X>O-ER+26EFJC2QD*,%,8XP-IZ0=Q"\/ M! X] W(*T-Z!OX9S^("\%M\88@)-+"Q &*DR8"36K:'!B%BA.R340;(8NP 5 M,>.(BH"6:7+*RHGL K[H*= R3P&84CR0!/[ SMSW[ O12IY><*VHQJ*=GKGP MQ'6!9$Q2S=O7F[@\FW:STQSDF33KZ.#2]V/ WN\"A%#$ -ON (F9W3C_;\(R M))\Y9NT)'[.B5@(J0?8L2HV%^199O>]X,>7$/4>2 3Y!:631A -^:$'+,2AU M ;#TE&8I7ZBP!"M9&.+MQ)7P+*6/@>(H$V+,TA$=+B=L3/EXXS"8+F11%E(P M<8SKC^!(P_FY.YT%*+6BD#\*;S$],TF!XX_JUHX&@KQR(] BTQE<3/K+5PND M!Z\KJBHM#-NGZ^#H4V0\!9:9B-E_HJQR_ M9+ND%[E^[LBPFZ A^-%$YE^IW".8(?_J"Y\SNZ-BTB] =Z,5+2#X\_(%TX=F M@G*(& ?L(ASDG@QR.N!%NEE8?%%_$K]FH*]P&#]G* ! '9E-$M1Q,3^1")>3 M ,&CV(1J+]@E DSE:"[L@3UQ%%B_Q6ZHLE>E$#\S1&(<$'RD$GV) E#5]/ E M(>5O/8&B1H\8%=1$F0G;H#"_#<7+/)D.!E6;W&":#9G"^Z M"M(\QF] +1',ET6E[^8&N&E>WG6NP.:_N;[J]R_OVLU&.W$##%K]3N_HW !9 M'B@><08\"_CURW']1B/;>+T+(!8+($:,!+Z#ZDF2Y)S)(U"1D=D'L81A\KV6 MY-C7=E>[[%B3^OK,<)/Z:E)?*WY5>-HYBJ2.Y7 S.; &O[3B5VK\+:.828;5 M@9!TFSD!8&.%JA!0GTR50Q)OO?LUZ(N#.(K^("^!RK:M5EM?M[I:H\U.EJ ) M6J]F5EJ]4=%PL*TXV.9JB.%@VI6TX]+%[N+0=^F2B^Y!W%_X]TZ]7UY+OZED MELU+H&E:W9ZVW)JJG'?90M_(]N.FB'[+4(2Q]#>%[9NJ7!U7/N>+.EVG;]DM M?1U_GRV47A&T,)9G#:33,9%7SVIVRK>9CH6\C%E$//E8GL -G9"/HVTJ?Q^O*MCN=(TJ:$PC8QH9>C"FT?:PO4^+ M^&$A)%_. JH98U2Y%U6YAF4WS&V1,90J)*<,=9TH=1E+Z2-6K(K"F(KW,=<_ MGX7!0RAD.5)LH>SX:MI:[VVKU=96]>N6Y#7=!J*UP#SC@:BH!\)P2<,ER^22[8[5'&BKC6*XY*8JY_/-M?>V ML +0MFL@U-\-COW#K/;MQWY3\/%@DS[A2U'L)9E6Q&!\&@!5_'OIP>$]5VC>^CH\^/22@$^Q)@_UIVN]C3LU0_E\'#S7M)E8&'K\#R M\)AI&I<=,[)M;HU5 1--?S,],>\R0GM$\NUJ))D FM,.H!E8W:8I0[ WE#AA M(6DXS6ESFKXU:+4-ISDNNZ_<5'1092B$8ZBDQ]=P%"G:3J$&1O5 M!-#E^76-AJ$(8RMO$QXWBIV(C<2C\ +3*^QUB=/35E[UZ!6W&M%8?674\9!6 MOZ4O?.?82&@AH,>+J_(LCO:^LL:#KJI,OI\6M&ZO__XAUB>/W ^^Y#F M>W_SN!]=^J/;-.7[QI6.%\@X%#\ E=>X/S\\W_^QQ]?'9<]C[@IM>[;'=:E]U&_VHPZ#?MP?6@ M>=GNOOOSTF$4 ?M*LLBZL]QW_M +R?1[3@5Z;7>URP6J;J+/@3-M3CK19[^O MKXE3N7+ZZ<8Q[T>90$%Y/#G<6K;%3$Z%P2]M^'4C'#$=BG 9Q4RRA Z$_"RX M%!, -G.GLQ!0'S6Z:F9-U,($JD2@[BT/?C6*LO^./V-C]A7^7TJJI=K$;3:O;,[$;QG0V MT4P%BNAKNY59(.AT3>?6L9J=\ MF^E8R,N811^O@^DLCD2X4V._XU4 [8[5;FJ+[:S*81N;J#I2IWXDT;4& V,4 M&:-H>]F2EKXVVMO+]5:L[J#\*[NJ8(>QC6H@I8Z(NFQKT#*FD3&--F_@&<,: M@Z&[7:'3XU4 FP-MCKNJ'+$QB*HC:FI'#ZV&MFI%QT(/QAIZ'K97L>OATDH1 M)L>CI_6LAL:VS\>NIM6(MNHKF8Z+N,SMJ[&!-K>!O"&/PD!*=H;>/.[/SX,G M7XP8=T,GY.-HF][SQZL*MCM=HPH:T\B81H8>C&FT2P7^2'B>&PD6A=R7L\ ? MB=#822^K<@W+;IC;(F,H54A.&>HZ4>HREM+'Z\"741@[5,C2]<]G8? 0"EF. M%#ML3]LR6FO8'7W4]@ITJH(QQL*JD.0Z/HIJ#_1%.YP(19EZS:_6:YZMK5)W M2)95[\QN4Q!@\_MV>V"U]#F6ZHTWQAX^A9HF5<&V2G"I2C&B;LL$*1COP.;W MJ(X33V./8PG?8LL+8\ML +PSN]^U.AJC@C8$4(Y&Y7$G[9BVS85\Q0BP"]HS^Q>VVJUM57].0V2,?Z!W>K7E\.X33L2K9JY:4=BMYI6KUN2U]3T(S$> MB/UX( R7-%RRU*9-':LY,'WO]NX[T=ZU:6VOIN_""7S']91_XNOX*XR%/_T' MF&;L1I\#*>_"8'HO'JB8_8\ Q\0].C;V*:?TTVC8;?[UYW+WO6@<=V\ZO?O M[JB?TZ5]U6KV:M_/Z<="FR;5VDC&TRD/X3G)0O$H_%A5HWV@"'OXY<'UV7#. M@CB$WV=!F(Q*8 W3A=3]:05Y=EE?- G%:D6.769B4_AR(IGP1V*D9W&;]CW9 M:;D(V3L=.22NCB]4K[D,(L"_I 99MX*?)0B^1Q%*1?*)6.OJENGZ\# MM[HZZ3Y?^]U\32X[*F?29,OM5?MZ8Q]=F7Z@:&9?E%2]):E* I&!'"S55VGP MM,=[QMNPV:O@%-37>[4@#[79FT+ULONZ+Q'F%: M!_JO#+".EW$:C-.I3=;_@ON+&+F<$>SP'W:-+DZ8YORZA0@VNU;K;ZI'G\0E;_6PLFP@6-B _V&U;"U6<15.6[]2W.OHN4DZE=H.Q+@U%O=2[S&YKJ]9_*B1E+K^VB=F@ M\BA)5&[W;;LK@GEKX:&4B'.63G5Q7!)PR4/ISQVK>[F M(4.&2YIB,9IUR^M 1BP8,\D](4L)KSK%F);J(57EX&/PYS#F-S\98'5(CK@IH3K+>C-VT M^DUMP0I5.4IC^-4ORJDJN'.2;*#9M%KZDIVKZFST2W)+GB!UFDODYRZ1B^[',DBVW,N6O6NL+:O5 MT5=A[A0N ZI'9?65?\=%3*VFU=8>*'7 ^S6"WUB0MH%EXM=,^+*D MDL0GHXGV&I;=V5M%NJ/71(V=:.Q$C7#LV%;'-L'&QDXLST[$1NIL' ;35+0& MOHDVKLZ%S^G$ZIVUNU9O4%+>TPN RVGT6)#OO3'>M2DEAK\9_J:)O]D#JS$H MJ9Z^X6^OZ'M_B#@ 9^WS:_[^XQ]B>?[ ^>S#=^$$ON-Z+FE&7\=?4__#MS 8 MNQ%J3W>@/-V+!\Q[EC^":]"?$&H\$J,? (0K+W!^_OD__^./^8P>_O:-A]'\ M1\A]R1U2NFY#[E5O,.@W[<%U]W+0:[S[\]+!%('\PYT*R?XFGMCW M8,J?Y[:%X9[KB_.)4B+M9N/WY2JG":P8 8L5H?4B"NQAO;O;(R\MKD U_XIE MY([G6N%+CW]P(WB#\ZPYP'UV.7KDO@.HX?K,5^YZTN,1^["]RGO.W3N$\^NQ/#,.;AG&'S;8M%$\&N@RFPL3FCCM^ :ZX? M!8RSD9AB6< 9[-.5,H A?A )]N1&$]PW.^.2 :BX A7C#]SU9<3&"DRP Z=Z,H#4M$R MH<6XXX0Q^EU=@A-L%?:E9>[N1>?W6B9BP)OA3/QX:E%)1^3<<1C"P0)<)6 5 MG"X>V4,H!')K!@?]Q-U'L7IJ<"P!^9ME[$S@>QF%[C FSL.&#\\!&<_5G[A'W-3* M[AF?!K!3J> V4J],04 8CFM22+[\6L 7?(J@@V0$*TT>I\.8"9][T5Q-"5^X MH2A ;,@]HC/@1-'$E2N31\&#H ,C N6>]R)\88)1+%(P _<&+B<)'P('4 ;? MFSA$1%(3 -FP*=#=1,+YC. 56JCV M"P^=26Z;I?#4Q+:04HG!/B+Q _2 \D<9H2\3<81!$[AA/5RX=='3S(6?)BY0 M)!YS=FHDLIC#Y61Y-\G)2U1AEXZ^V;@XM :UJ49R$R-ULWON(UN##510NTK5 M"R>)7P5"(CZ$X+_]$A<+QNK MF /8-+V/Q/C'^!9X&5A+4BFIGWPG *E"2NGB]*[_"$LAVRRE!Z0&O#DF!2&S MU0!"\!_U(+P\=X9G3%!P(+V$/R\S0_R=&-FB/%C5,FG%*&Z1A:7W-\A7XUHP2$ !^J;1U9,7KS&;E*%5DZ$2)@G/.T6Z"NEH;6$EO.G59JK MJH \0G?)Y51IPGA$WP6)$/SC 94SI?-_QQ&27:9&9P4W2^/^,0&#\HG05<;3 M*6T$Q?$0!;>0$GZ8#EU?;0I0^Z_<3QTI+:7L? ^>6+M-H$@<2",0S&,/M\ N M@4H)WR__8N%K%KTM:'?D@ Q30(9%0(8*D+GU3B_]!L;JITS&DZ/0%Z&TV.>+ M;Q?L+%4=FHV/WRZ_9Y_LC^\MLC&)4/EX3 Y>>*.:,XY\/BU,"]/]Q0N 8MDM M?P"*+ZAS[//G:W:&=%YXU?T,*3TLODYQ"9;X(T [(>,1%0V$<<#!-D/C#G1! M)PI"N;#RJ_3GF_3GPLRH""T_N[C/_^(AG-/M!;OWT+F'"\&71GC@:FJU&HO] M58Q1[7K@OOP)[&\81*3P/$U "7B"XUJ!%.X[V>P%^SN)(/)W98=$9TV?R-92 M!TI/H?&=SD>9C!:>*7R_!-\0*Y;SYV!=SP0BD\#UX6 M2,'6#T*%3,9<.8/0SAZ/%?]?1+Y,.20)P!YYZ I0,F'M4^XKA%,R0GG(6(RP M>()71 +-_K% #1*TH7\ -#P9%$"2>DN2)JLF!@@-\4N$ MCBL3_PA^LX9V+K2:3O25B[(M^M R526>D9VES.5WX((P,0 ._R;G?[)/VN;"[I[A-.B> M%+21]^FZ1.:!6GNZN-TG\O*ANXJ>O1=H!"F9>LUGJ)R\)/0*CR^R1TD(@ZM5 M)GLF09%Y&152UWHOP5@(22@0.MX[$S&* 2WLUE_^<,E F**65;B6ZED)*BMU MH?#\3?'YO\:^8%TK\2\L&BV^<,D1OJK%,!\8 :(O(BZ;!B'Z,4#F:;&==-WA M)"I1\1H#-,\IR># ^9E 1BH%@5PR>!WB"/*I )"'@ISIREHBIGC![N(008([ MMM@74%52'2<=-Q3XGJ5Q&:";;05I9 $^(V*-R&FGPB9AM:1&7:BI2F)MJ]R+ D6]1+6I M(S15"K8R2!YZ4F+*?<+)_5$N6S[*=.E6\_1NDT5Q>ZG3^S'U5<[#H((X_^2*0UO/.GB+)V/&A 6K@X6CQ>OB!5HJCIL'( M';N;[2RW0$AI2<1"JF&,8?[@B401L,)7VK?6C051=!=P<\]+XDK^]*[QCC[+ M&7?2SQN$0+'GEK0N8>#)'463#^V-@EP70_LV?WB[G(4HF&T3I??:W=YB_&H; M]_FFHTU91_?M(;BPTZT"$O>-QC\H?H./\+WJFEUXH*&%9"%P(--HV2.,D2M M_&!P<=]QX:_%&ZFBVS_Q%L.S$B#"YD JR97\4EP"*BW 6V"KZF?26++X!#(P M7,D 'O#%'#UAJ7,&+\?1,X-:5O$M*LQE98;6P@1?^#R3660KJ3B2%!H8)P(Z MT=*B,"P$617^EQ@QHUC4=.M_O[B_*#+ VU_ __P'@@G&0(#$?*]89K+F-5!, M7BSCX;\2QLB+DO A4-JF[XC0+UJ?O\&Y !=VR#I[67?;)/K4,"O#K*K%K-B+ MW"KVU_*K)*#$FV_,LA)&DD:B*.I?NC;?@%UU-^%6Z4N>85AVISB',O,&^^=8 MAID89G)LS.1ES6?I%CP>/8 Q5& .I&40&;I^9L*LTT16&<7S:@S^J>(=5U09 M(OV$^5R@697=!B46UZKS0-FX&'"9>KI7W+EW;BBCI6$+#O6A &,LNZ:BD*)" M=H-*_)C.E,LH4I[GM_.*+9%B@0:(U@]NYQT8K;?V2X"DX5'$T8V;GO.JAGZI M%/_O*NP#W<%!"-C<./]O] N\U:V:I/)C!M=XK( T JQ65PT?Z#X"0:DV>?MK MX@[=B#%X_46SJ<6E:YR=>W1VQD/IA.Y,A9X IKF/I!^00PC1"O#N%OA*,!>B M@MM4=R8H#G"A(EDH4E'B)*1+%*0X3 K+@]__AL'O2J+\-?92X],& BM>[ZMP M+N4+6WS!ZG5\JK8FNJ C\$7X@(IRL3#D]*(0(<:S$6!=2G?D\G .[+V0P2#C M*0G $D+T&MJS?69>7 CD)0&$R0%XCQLFF0U:WM35G?FC_,?+YTLWZ(D3-8M; MSD,NBA'+%'Y,UDL2SY1>F$_<*3M3YYW\DCQ*D3%XZN*W6.4:@?1&G2UUTFO9 M8M\:=+IZ@)5OL0"/A2#KXHW;>Q5'@S3',/,F& +E)Z&'%-*3D@Q>?*7QOL^$ MZI*^\WR K%*L%E)]E)X%@$<&EI[3>U+^RJ&D;BD9&Y2Q)!(=D8('9)%3AQFG MIA A^!@\^#!3$3,IPCW)6%+)/G@;":(+UNH#UA9$J$/X]Y4%-^",- MILL&4*S)ZUC _R07"UB>BR= F4BA^Y"&_15.Y (8X.+2LD5GX24II8U>3")Z M"576_H8^320YW <>?NAR;S$E(4N0F_*?^.; 5ZX]COD"4NTP% \\N9FGZ!6" M1QITDV:9J?0L7S&.9TXLPU=\+GLS9EKYK<4X"*F)KF&5V/ 6@#7)W^BPTAR)ZPN.E-#X5G4APS/.*V^E5;0(/ M@%5Z8_LO-'9I1DQ#5.FI@*7^ M T!8A0CA.,HHQC!QI#(1X9KX$P9Y/@?HTG223BF<5&T&#ENQ4Y5EB^FO[)%[ M\:+44*$B,G!4R&J>7CL>P_&F;"I)>2RB688%DS1;ECBGY(^%6#B!RB6:;$(1 MU%J4(>S ^Y!N$2^6V8 *[.&HQ[I*\EW.9H)['Q=.RL%BSN>TVFGP9$+(0B402D*^8+<:9CD:D&*;B*$N,)EI,%[:1B8QMQ@5% 2P279("K\Z+$-;0B\+\/ MR-A?2]185XMDX\HABP5''@7L"LN48&>N$$;] X3"-9AN(+?#;P&8D_-M:H[T M6IV;N];=[>"JU[X:-.\&[5N;:HYGLDPQYYB3GK_1(U#O2-.GL2?'+E5$BOY.8U#2%/8G,QU1-S*2. M*$C%2A5(%6*R\FL2)ZPFI[ ]L#,P<)W,XR$&_#FYOK5*9,DS$3P/<@J3_)/E MH/\57I2$SZKR $.E3J>'Y\JBAIK09F:SPT YIG0 $2)S5@9(P=)!68$D-Q9A MJ&(%5>X]S/40!",5:4T1/+R$ MS+M@WBM766](+FAU3]SS?",0ZTC35V='Z"[13%L@"-3DDO(<'\+Q)!BM6D_:O(>1A)FL(H71==WZ@2*JL)P"NK7Z'$] ?T,#$YER"H M 84=,*Q@E]F-+= ;S@SX2O>XRIF>K(J>P<\*Z>=(H7GZ9(C&*?Z /"BQQ_VE MF'T>AG@WFR2* V2!VBFFCVZQ,@,MA*6Y?A(F0GP,/??([8R76[\(6T!*0$>> MF$^(_W@^ON+BH-*3[9+XH[#\26)-H1#(I >G&D 4QT/I- KI\+^A5'9N@L,* MJ4#N 54%#DV,"5_JHGU!TB18F,NX9^6'RCA)L#Y'^439SM!8+*)MFOEQP6ZS M/>+W0XI:AP5,@ T #N.=)B:)A2Z6C,$P** ?=T963[ZI=&$6P))B4/%NT\W7 M1\XWM(_04%5FC*(JC'"XP.N#+7TXUK,<)C^R++4Z/]^%)T$)CZ#" MA'0KG+_R^NO_?KHYMP=6_E5*Z4EMB>+A@Y@DNL8S5Z&['AR(A^4*%IY+ C;@ ML0"Y0*B2)A3GE$7$<\A(Y)0\N("3!6V*[%,%1O&+HY/.*LP DV9(EF(':FJ8 M\B?"B*O4/YH)T8?*AJ3#B[ZY.$TL1=N%H(;+!NME."<*(>\16CM#42A&D3&X M;+7(TS*L +LWA,/)%H;N=J?0JR]]6*3]2YFB:S)P_'R0GRM'=07NFNQ>P MB@#>F#KFJRAQ[I(*D^-_+D8R,UR* F1RS"?4"C&_0]FT_*>@NPN9;):*="D' M03P5JIC;FFTF.TME;I82A@;?6NI+"EBMGG\Z*P83C5S,"2WB&H91I=%.+NIE M.&F1L1%6_:(%I&(GWQ)MY(75)^_+WK".)M?OIJIB8B>QMLZFWL8XWL*LWL:@ M[C8[[6ZG 79UIWMWU[@>=.WFX+8_&%S=W%WUNM>E&]0E7US7V:*NL?ID/ !5 M\ 8N]C8Q<8N+@']&R>._E^Q2L2S5Q2@.=+5QSCC6O@WG4[@)>9H:@%G0EC= M],2:+GJBIT!/P$K>]$TF==8)>:E.4:@B#C"Z0I6XMJ0BV/S),!T"#.95S5$$*F-D?L!PH2#5? M)DQO2DMSU((RA3(-E8F$,_')TDVEH:42#*BP[@/E:1>S%M1LH"'@B>$KL'J8 M$XR2EZ&/+E#IVK&$Q8%('L4.ZLTC="L%LVE2&>]'CCZ9 M^''2H"9II0794+/->#=LG:(1,FT4JW&!!O^!:E:G&C:^,;L03_:"K(]3)D\]%\AB##N$H S$.@.#Y%5L:2/XCSQ,T$NA:<+JI@R3?P%^HK M:9EP"O)1 M$+ *&TZTMZ%X<'T_03;RBSES!]V':',D"MGYHD*63)8H@N6FCBPVFNVGC1P2 M/>V['WJ=]&Z25I!&,02U0>9$&12AQ?28*%/R+!5/!&W69$NAZ4Y"). M04@7=7(9=,5LJ"@)6TX:3LB)F^G =(]59 D+X$?_PS!*?$FA>(AA#LSPPCO0 MK 1'=A&<5<'.,H2SF8D?\=D,#H#

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