Quarterly report pursuant to Section 13 or 15(d)

Revenue - Adoption of New Accounting Standards (Details)

v3.10.0.1
Revenue - Adoption of New Accounting Standards (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Cash and cash equivalents $ 31,731   $ 31,731   $ 48,260
Restricted cash 801   801   3,608
Accounts receivable, net 99,678   99,678   113,545
Inventories 38,381   38,381   28,352
Prepaid expenses 16,141   16,141   13,486
Other current assets 17,261   17,261   20,923
TOTAL CURRENT ASSETS: 203,993   203,993   228,174
Content library 7,143   7,143   8,686
Property, plant and equipment, net 182,777   182,777   195,029
Goodwill 159,610   159,610   159,696
Intangible assets, net 92,210   92,210   122,582
Equity method investments 135,975   135,975   137,299
Other non-current assets 12,439   12,439   9,118
Total assets 794,147   794,147   860,584
Accounts payable and accrued liabilities 167,135   167,135   205,036
Deferred revenue 10,892   10,892   6,508
Current portion of long-term debt 20,946   20,946   20,106
Other current liabilities 9,137   9,137   7,785
TOTAL CURRENT LIABILITIES: 208,110   208,110   239,435
Deferred revenue, non-current 1,116   1,116   1,079
Long-term debt 666,493   666,493   598,958
Deferred tax liabilities 7,776   7,776   16,247
Other non-current liabilities 30,573   30,573   30,340
TOTAL LIABILITIES 914,068   914,068   886,059
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, 0 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively 0   0   0
Common stock, $0.0001 par value; 375,000,000 shares authorized, 94,742,764 and 93,834,805 shares issued, 91,689,130 and 90,781,171 shares outstanding, at September 30, 2018 and December 31, 2017, respectively 10   10   10
Treasury stock, 3,053,634 shares at September 30, 2018 and December 31, 2017 (30,659)   (30,659)   (30,659)
Additional paid-in capital 811,906   811,906   779,565
Subscriptions receivable (597)   (597)   (578)
Accumulated deficit (772,858)   (772,858)    
Current year retained deficit (127,423)   (127,423)    
Accumulated other comprehensive loss (300)   (300)   (22)
TOTAL STOCKHOLDERS’ EQUITY (119,921)   (119,921)   (25,475)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 794,147   794,147   860,584
Revenue 164,027 $ 151,537 486,487 $ 459,871  
Cost of sales 128,569 112,951 373,382 341,580  
Gross margin 35,458 38,586 113,105 118,291  
Sales and marketing 8,989 9,332 29,499 30,376  
Product development 7,477 11,328 25,536 26,921  
General and administrative 31,620 39,129 100,384 109,372  
Provision for legal settlements (509) 310 (134) 785  
Amortization of intangible assets 9,447 10,981 30,367 32,849  
Impairment of goodwill 0 0 0 78,000 $ 167,000
Total operating expenses 57,024 71,080 185,652 278,303  
Loss from operations (21,566) (32,494) (72,547) (160,012)  
Interest expense, net (20,048) (18,164) (55,399) (43,935)  
Loss on extinguishment of debt 0 0 0 (14,389)  
Income from equity method investments 2,022 1,770 3,611 3,911  
Change in fair value of derivatives (196) 196 (287) 2,672  
Other (expense) income, net (588) (123) (936) 38  
(Loss) income before income taxes (40,376) (48,815) (125,558) (211,715)  
Income tax expense 2,852 4,153 1,865 10,993  
Net loss $ (43,228) $ (52,968) $ (127,423) $ (222,708)  
Net loss per share – basic and diluted (in dollars per share) $ (0.47) $ (0.59) $ (1.40) $ (2.57)  
Weighted average shares outstanding – basic and diluted 91,408 89,194 91,101 86,710  
Licensing and services          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Revenue $ 157,604 $ 143,610 $ 460,560 $ 433,400  
Cost of sales 123,126 105,830 357,523 317,624  
Equipment          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Revenue 6,423 7,927 25,927 26,471  
Cost of sales 5,443 $ 7,121 15,859 $ 23,956  
Without ASC 606 Adoption          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Cash and cash equivalents 31,731   31,731    
Restricted cash 801   801    
Accounts receivable, net 101,258   101,258    
Inventories 38,381   38,381    
Prepaid expenses 16,141   16,141    
Other current assets 17,261   17,261    
TOTAL CURRENT ASSETS: 205,573   205,573    
Content library 7,143   7,143    
Property, plant and equipment, net 182,777   182,777    
Goodwill 159,610   159,610    
Intangible assets, net 92,210   92,210    
Equity method investments 135,975   135,975    
Other non-current assets 8,733   8,733    
Total assets 792,021   792,021    
Accounts payable and accrued liabilities 168,974   168,974    
Deferred revenue 11,204   11,204    
Current portion of long-term debt 20,946   20,946    
Other current liabilities 9,137   9,137    
TOTAL CURRENT LIABILITIES: 210,261   210,261    
Deferred revenue, non-current 1,116   1,116    
Long-term debt 666,493   666,493    
Deferred tax liabilities 7,776   7,776    
Other non-current liabilities 30,573   30,573    
TOTAL LIABILITIES 916,219   916,219    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, 0 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively 0   0    
Common stock, $0.0001 par value; 375,000,000 shares authorized, 94,742,764 and 93,834,805 shares issued, 91,689,130 and 90,781,171 shares outstanding, at September 30, 2018 and December 31, 2017, respectively 10   10    
Treasury stock, 3,053,634 shares at September 30, 2018 and December 31, 2017 (30,659)   (30,659)    
Additional paid-in capital 811,906   811,906    
Subscriptions receivable (597)   (597)    
Accumulated deficit (773,791)   (773,791)    
Current year retained deficit (130,767)   (130,767)    
Accumulated other comprehensive loss (300)   (300)    
TOTAL STOCKHOLDERS’ EQUITY (124,198)   (124,198)    
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 792,021   792,021    
Revenue 163,485   486,296    
Cost of sales 129,031   374,656    
Gross margin 34,454   111,640    
Sales and marketing 8,979   29,477    
Product development 7,597   27,439    
General and administrative 31,612   100,382    
Provision for legal settlements (509)   (134)    
Amortization of intangible assets 9,447   30,367    
Impairment of goodwill 0   0    
Total operating expenses 57,126   187,531    
Loss from operations (22,672)   (75,891)    
Interest expense, net (20,048)   (55,399)    
Income from equity method investments 2,022   3,611    
Change in fair value of derivatives (196)   (287)    
Other (expense) income, net (588)   (936)    
(Loss) income before income taxes (41,482)   (128,902)    
Income tax expense 2,852   1,865    
Net loss $ (44,334)   $ (130,767)    
Net loss per share – basic and diluted (in dollars per share) $ (0.49)   $ (1.44)    
Weighted average shares outstanding – basic and diluted 91,408   91,101    
Without ASC 606 Adoption | Licensing and services          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Revenue $ 158,713   $ 461,931    
Cost of sales 123,623   358,862    
Without ASC 606 Adoption | Equipment          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Revenue 4,772   24,365    
Cost of sales 5,408   15,794    
ASU 2014-09 | Effect of change Increase/ (Decrease)          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Accounts receivable, net (1,580)   (1,580)    
TOTAL CURRENT ASSETS: (1,580)   (1,580)    
Content library 0   0    
Other non-current assets 3,706   3,706    
Total assets 2,126   2,126    
Accounts payable and accrued liabilities (1,839)   (1,839)    
Deferred revenue (312)   (312)    
TOTAL CURRENT LIABILITIES: (2,151)   (2,151)    
TOTAL LIABILITIES (2,151)   (2,151)    
Accumulated deficit 933   933    
Current year retained deficit 3,344   3,344    
TOTAL STOCKHOLDERS’ EQUITY 4,277   4,277    
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 2,126   2,126    
Revenue 542   191    
Cost of sales (462)   (1,274)    
Gross margin 1,004   1,465    
Sales and marketing 10   22    
Product development (120)   (1,903)    
General and administrative 8   2    
Total operating expenses (102)   (1,879)    
Loss from operations 1,106   3,344    
(Loss) income before income taxes 1,106   3,344    
Net loss 1,106   3,344    
ASU 2014-09 | Effect of change Increase/ (Decrease) | Licensing and services          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Revenue (1,109)   (1,371)    
Cost of sales (497)   (1,339)    
ASU 2014-09 | Effect of change Increase/ (Decrease) | Equipment          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Revenue 1,651   1,562    
Cost of sales $ 35   $ 65