Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 59,689 $ 15,402
Receivables (including $0 and $27,944 from a related party at September 30, 2015 and December 31, 2014, respectively) 189,039 212,441
Less allowance for doubtful receivables 4,695 4,542
Net receivables 184,344 207,899
Deferred income taxes 49,075 56,120
Prepaid expenses 13,068 12,179
Inventories 10,075 17,032
Other current assets 3,136 153
Total current assets 319,387 308,785
Property and equipment 2,435,768 2,341,511
Less accumulated depreciation 1,350,470 1,229,029
Net property and equipment 1,085,298 1,112,482
Goodwill 239,098 229,560
Cable certificates 191,635 191,635
Wireless licenses 86,347 86,347
Other intangible assets, net of amortization 65,053 66,015
Deferred loan and senior notes costs, net of amortization of $6,542 and $8,644 at September 30, 2015 and December 31, 2014, respectively 16,969 10,949
Other assets 27,791 52,725
Total other assets 626,893 637,231
Total assets 2,031,578 2,058,498
Current liabilities:    
Current maturities of obligations under long-term debt and capital leases 11,902 8,722
Accounts payable (including $0 and $7,447 to a related party at September 30, 2015 and December 31, 2014, respectively) 50,417 76,918
Deferred revenue 33,917 29,314
Accrued payroll and payroll related obligations 29,138 32,803
Accrued interest 26,689 6,654
Accrued liabilities 17,135 14,457
Subscriber deposits 1,100 1,212
Total current liabilities 170,298 170,080
Long-term debt, net 1,345,098 1,036,056
Obligations under capital leases, excluding current maturities (including $1,832 and $1,857 due to a related party at September 30, 2015 and December 31, 2014, respectively) 61,885 68,356
Deferred income taxes 176,007 187,872
Long-term deferred revenue 94,701 85,734
Other liabilities 73,018 43,178
Total liabilities $ 1,921,007 $ 1,591,276
Commitments and contingencies
Stockholders' equity:    
Paid-in capital $ (4,931) $ 26,773
Retained earnings 82,020 124,547
Total General Communication, Inc. stockholders' equity 79,504 167,356
Non-controlling interests 31,067 299,866
Total stockholders’ equity 110,571 467,222
Total liabilities and stockholders’ equity 2,031,578 2,058,498
Common Stock - Class A [Member]    
Stockholders' equity:    
Common stock 0 13,617
Less cost of 26 Class A common shares held in treasury at September 30, 2015 and December 31, 2014 (249) (249)
Total stockholders’ equity 0 13,617
Common Stock - Class B [Member]    
Stockholders' equity:    
Common stock 2,664 2,668
Total stockholders’ equity $ 2,664 $ 2,668