Condensed Consolidated Balance Sheets (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified |
CURRENT ASSETS: | ' | ' |
Cash and cash equivalents | $112,760 | $86,542 |
Accounts receivable, less allowances for doubtful accounts | 38,116 | 27,725 |
Income taxes receivable | 1,821 | 1,579 |
Deferred taxes, current | 3,688 | 3,688 |
Prepaid expenses | 2,352 | 2,625 |
Total current assets | 158,737 | 122,159 |
PROPERTY AND EQUIPMENT: | ' | ' |
Property and equipment, net of depreciation and amortization | 17,332 | 17,096 |
OTHER ASSETS: | ' | ' |
Other assets | 1,975 | 2,328 |
Goodwill | 352,788 | 352,788 |
Acquired intangible assets, net of amortization | 264,915 | 268,441 |
Total other assets | 619,678 | 623,557 |
TOTAL ASSETS | 795,747 | 762,812 |
CURRENT LIABILITIES: | ' | ' |
Restaurant food liability | 96,923 | 78,245 |
Accounts payable | 3,297 | 3,353 |
Accrued payroll | 2,663 | 1,720 |
Taxes payable | 1,046 | 1,768 |
Other accruals | 11,085 | 7,505 |
Total current liabilities | 115,014 | 92,591 |
LONG TERM LIABILITIES: | ' | ' |
Deferred taxes, non-current | 94,805 | 90,495 |
Other accruals | 2,775 | 3,936 |
Total long term liabilities | 97,580 | 94,431 |
Commitments and Contingencies | ' | ' |
Redeemable common stock, $0.0001 par value, 1,344,236 shares outstanding as of March 31, 2014 and December 31, 2013, no shares as of pro forma March 31, 2014 | 34,950 | 18,415 |
STOCKHOLDERS' EQUITY: | ' | ' |
Series A Convertible Preferred Stock, $0.0001 par value. Authorized: 25,000,000 shares at March 31, 2014 and December 31, 2013; Issued and outstanding: 19,284,113 shares as of March 31, 2014 and December 31, 2013; aggregate liquidation preference of $86,200 as of March 31, 2014 and December 31, 2013, no shares as of pro forma March 31, 2014 | 2 | 2 |
Common stock, $0.0001 par value. Authorized: 500,000,000 and 165,000,000 shares at March 31, 2014 and December 31, 2013, respectively; issued and outstanding: 54,083,204, 78,711,553 and 53,757,437 shares as of March 31, 2014, pro forma March 31, 2014 and December 31, 2013, respectively | 5 | 5 |
Accumulated other comprehensive income | 181 | 132 |
Additional paid-in capital | 486,782 | 500,356 |
Retained earnings | 61,233 | 56,880 |
Total Stockholders' Equity | 548,203 | 557,375 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 795,747 | 762,812 |
Pro Forma | ' | ' |
CURRENT ASSETS: | ' | ' |
Cash and cash equivalents | 208,221 | ' |
Accounts receivable, less allowances for doubtful accounts | 38,116 | ' |
Income taxes receivable | 1,821 | ' |
Deferred taxes, current | 3,688 | ' |
Prepaid expenses | 2,352 | ' |
Total current assets | 254,198 | ' |
PROPERTY AND EQUIPMENT: | ' | ' |
Property and equipment, net of depreciation and amortization | 17,332 | ' |
OTHER ASSETS: | ' | ' |
Other assets | 1,975 | ' |
Goodwill | 352,788 | ' |
Acquired intangible assets, net of amortization | 264,915 | ' |
Total other assets | 619,678 | ' |
TOTAL ASSETS | 891,208 | ' |
CURRENT LIABILITIES: | ' | ' |
Restaurant food liability | 96,923 | ' |
Accounts payable | 3,297 | ' |
Accrued payroll | 2,663 | ' |
Taxes payable | 1,046 | ' |
Other accruals | 11,085 | ' |
Total current liabilities | 115,014 | ' |
LONG TERM LIABILITIES: | ' | ' |
Deferred taxes, non-current | 94,805 | ' |
Other accruals | 2,775 | ' |
Total long term liabilities | 97,580 | ' |
Commitments and Contingencies | ' | ' |
STOCKHOLDERS' EQUITY: | ' | ' |
Common stock, $0.0001 par value. Authorized: 500,000,000 and 165,000,000 shares at March 31, 2014 and December 31, 2013, respectively; issued and outstanding: 54,083,204, 78,711,553 and 53,757,437 shares as of March 31, 2014, pro forma March 31, 2014 and December 31, 2013, respectively | 8 | ' |
Accumulated other comprehensive income | 181 | ' |
Additional paid-in capital | 617,192 | ' |
Retained earnings | 61,233 | ' |
Total Stockholders' Equity | 678,614 | 557,375 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $891,208 | ' |