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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 192,000 $ 394,000
Investments and marketable securities 0 24,000
Accounts receivable 671,000 671,000
Inventories, net 397,000 394,000
Deferred income taxes 0 123,000
Income tax receivable 4,000 13,000
Prepaid expenses and other current assets 70,000 53,000
Total Current assets 1,334,000 1,672,000
Property and equipment, net 298,000 255,000
Goodwill 2,490,000 2,490,000
Other intangibles, net 757,000 1,029,000
Long-term deferred income taxes 70,000 0
Other long-term assets 91,000 93,000
Total Assets 5,040,000 5,539,000
Current liabilities:    
Accounts payable 289,000 327,000
Accrued liabilities 367,000 421,000
Deferred revenue 197,000 196,000
Current portion of long-term debt 0 4,000
Income taxes payable 42,000 5,000
Total Current liabilities 895,000 953,000
Long-term debt 3,012,000 3,156,000
Long-term deferred tax liability 1,000 200,000
Long-term deferred revenue 124,000 116,000
Other long-term liabilities 115,000 74,000
Total Liabilities 4,147,000 4,499,000
Stockholders’ Equity:    
Preferred stock, $.01 par value; authorized 10,000,000 shares; none issued 0 0
Class A common stock, $.01 par value; authorized 150,000,000 shares; issued 72,151,857 shares 1,000 1,000
Additional paid-in capital 194,000 147,000
Treasury stock at cost, 19,990,006 and 20,497,520 shares at December 31, 2015 and December 31, 2014, respectively (631,000) (634,000)
Retained earnings 1,377,000 1,535,000
Accumulated other comprehensive loss (48,000) (9,000)
Total Stockholders’ Equity 893,000 1,040,000
Total Liabilities and Stockholders’ Equity $ 5,040,000 $ 5,539,000