Consolidated Balance Sheets - USD ($)
$ in Thousands |
Dec. 31, 2016 |
Dec. 31, 2015 |
| Assets |
|
|
|
| Cash and cash equivalents |
|
$ 72,262
|
$ 79,756
|
| Accounts receivable, net of allowance of $5,901 in 2016 and $4,380 in 2015 |
|
162,311
|
156,932
|
| Other receivables |
|
12,240
|
16,298
|
| Prepaid expenses and other |
|
38,081
|
27,624
|
| Restricted cash |
|
3,192
|
4,012
|
| Deferred tax assets |
|
6,825
|
2,891
|
| Current assets of discontinued operations |
|
|
32,211
|
| Total current assets |
|
294,911
|
319,724
|
| Property and equipment, net |
[1] |
46,220
|
46,158
|
| Goodwill |
|
119,624
|
129,958
|
| Intangible assets, net |
|
49,124
|
69,564
|
| Equity investments |
|
161,363
|
9,324
|
| Other assets |
|
8,211
|
17,988
|
| Restricted cash, less current portion |
|
10,938
|
16,044
|
| Deferred tax asset |
|
4,003
|
42
|
| Non-current assets of discontinued operations |
|
|
441,400
|
| Total assets |
|
694,394
|
1,050,202
|
| Liabilities, redeemable convertible preferred stock and stockholders' equity |
|
|
|
| Current portion of long-term obligations |
|
1,721
|
31,375
|
| Accounts payable |
|
22,177
|
28,019
|
| Accrued expenses |
|
100,872
|
117,436
|
| Accrued transportation costs |
|
73,191
|
64,537
|
| Deferred revenue |
|
20,718
|
28,667
|
| Reinsurance and related liability reserves |
|
8,639
|
9,389
|
| Current liabilities of discontinued operations |
|
|
15,849
|
| Total current liabilities |
|
227,318
|
295,272
|
| Long-term obligations, less current portion |
|
1,890
|
268,696
|
| Other long-term liabilities |
|
22,655
|
22,855
|
| Deferred tax liabilities |
|
67,291
|
8,403
|
| Non-current liabilities of discontinued operations |
|
|
87,268
|
| Total liabilities |
|
319,154
|
682,494
|
| Commitments and contingencies (Note 19) |
|
|
|
| Common stock: Authorized 40,000,000 shares; $0.001 par value; 17,315,661 and 17,186,780 issued and outstanding (including treasury shares) |
|
17
|
17
|
| Additional paid-in capital |
|
302,010
|
293,012
|
| Retained earnings |
|
156,718
|
69,209
|
| Accumulated other comprehensive loss, net of tax |
|
(33,449)
|
(16,831)
|
| Treasury shares, at cost, 3,478,676 and 1,895,998 shares |
|
(125,201)
|
(54,823)
|
| Total Providence stockholders' equity |
|
300,095
|
290,584
|
| Noncontrolling interest |
|
(2,420)
|
(452)
|
| Total stockholders' equity |
|
297,675
|
290,132
|
| Total liabilities, redeemable convertible preferred stock and stockholders' equity |
|
694,394
|
1,050,202
|
| Convertible Preferred Stock [Member] |
|
|
|
| Liabilities, redeemable convertible preferred stock and stockholders' equity |
|
|
|
| Convertible preferred stock, net: Authorized 10,000,000 shares; $0.001 par value; 803,398 and 803,518 issued and outstanding; 5.5%/8.5% dividend rate |
|
$ 77,565
|
$ 77,576
|
|
|