|
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
|
Mar. 31, 2015
|
Dec. 31, 2014
|
| CURRENT ASSETS: |
|
|
| Cash and cash equivalents |
$ 114.9 |
$ 117.8 |
| Restricted cash |
2.3 |
2.3 |
| Accounts receivable, net of allowance for doubtful accounts of $1.5 and $0.5, respectively |
130.0 |
133.6 |
| Short-term deferred contract costs |
8.5 |
9.1 |
| Prepaid and current assets |
18.3 |
22.6 |
| Deferred taxes |
24.1 |
24.1 |
| Total current assets |
298.1 |
309.5 |
| Property and equipment, net of accumulated depreciation of $985.8 and $1095.5, respectively |
2,138.3 |
2,174.7 |
| Goodwill |
484.5 |
484.5 |
| Intangible assets, net of accumulated amortization of $22.1 and $19.5, respectively |
40.4 |
43.0 |
| Long-term restricted cash |
4.0 |
4.0 |
| Long-term deferred contract costs |
45.1 |
41.8 |
| Other assets |
35.1 |
37.7 |
| Total assets |
3,045.5 |
3,095.2 |
| CURRENT LIABILITIES: |
|
|
| Accounts payable |
12.7 |
4.4 |
| Current portion of long-term debt |
5.5 |
5.5 |
| Other accrued liabilities |
51.2 |
62.2 |
| Current portion of deferred revenue |
85.0 |
91.0 |
| Total current liabilities |
154.4 |
163.1 |
| Deferred revenue |
321.3 |
335.1 |
| Long-term debt, net of discount and debt issuance costs |
1,130.9 |
1,132.1 |
| Long-term deferred tax liability, net |
96.0 |
101.9 |
| Other liabilities |
19.6 |
9.5 |
| Total liabilities |
1,722.2 |
1,741.7 |
| COMMITMENTS AND CONTINGENCIES (Note 16) |
|
|
| DigitalGlobe, Inc. stockholders' equity: |
|
|
| Common stock; $0.001 par value; 250.0 shares authorized; 76.5 shares issued and 72.5 shares outstanding at March 31, 2015 and 76.1 shares issued and 73.2 shares outstanding at December 31, 2014 |
0.2 |
0.2 |
| Treasury stock, at cost; 4.0 shares at March 31, 2015 and 2.9 shares at December 31, 2014 |
(111.7) |
(80.1) |
| Additional paid-in capital |
1,490.3 |
1,484.0 |
| Accumulated deficit |
(57.3) |
(52.4) |
| Total DigitalGlobe, Inc. stockholders' equity |
1,321.5 |
1,351.7 |
| Noncontrolling interest |
1.8 |
1.8 |
| Total stockholders' equity |
1,323.3 |
1,353.5 |
| Total liabilities and stockholders' equity |
3,045.5 |
3,095.2 |
| Series A Convertible Preferred Stock |
|
|
| DigitalGlobe, Inc. stockholders' equity: |
|
|
| Series A convertible preferred stock, $0.001 par value; 0.08 shares authorized; 0.08 shares issued and outstanding at March 31, 2015 and December 31, 2014 |
|
|