Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.4.0.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 11,228 [1],[2] $ 13,772
Accounts receivable, net 13,002 26,999
Inventory, less allowances 16,847 17,303
Other current assets 14,351 14,843
Total current assets 55,428 72,917
Property and equipment, net 25,590 25,046
Media library, net 9,348 9,117
Goodwill 15,448 15,448
Other intangibles, net 782 866
Other assets 4,160 5,148
Total assets 110,756 128,542
Current liabilities:    
Accounts payable 10,437 19,384
Accrued liabilities 20,779 [3] 20,365
Total current liabilities $ 31,216 $ 39,749
Commitments and contingencies
Gaiam, Inc. shareholders' equity:    
Additional paid-in capital $ 172,672 $ 172,371
Accumulated other comprehensive loss (273) (399)
Accumulated deficit (95,659) (88,035)
Total Gaiam, Inc. shareholders' equity 76,743 [4] 83,940
Noncontrolling interest 2,797 4,853
Total equity 79,540 88,793
Total liabilities and equity 110,756 128,542
Class A Common Stock    
Gaiam, Inc. shareholders' equity:    
Common stock 2 2
Class B Common Stock    
Gaiam, Inc. shareholders' equity:    
Common stock $ 1 $ 1
[1] Cash is adjusted to reflect the $11.0 million estimated net proceeds from the sale.
[2] Represents the assets, liabilities, and equity attributable to Natural Habitat included in Gaiam's historical financial statements.
[3] Accrued liabilities have been adjusted to reflect the accrual of estimated nonrecurring costs directly related to the disposition (not paid in close).
[4] Equity is adjusted to reflect the estimated net gain of $9.0 million on the sale of Natural Habitat. We expect that there will be minimal income taxes on the gain due to utilization of our net operating losses.