10-Q Filing

THRYV HOLDINGS, INC. CIK: 1556739 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001556739-14-000007`
Period End Date	20140331
Filing Date	20140507
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	dxm-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 34 Cash Flow Statement 48

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$26.00M	USD	Point-in-time
Accounts receivable, allowances (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$31.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$156.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$179.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$139.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$172.00M	USD	Point-in-time
Accounts receivable, net of allowances of $31 and $26	`AccountsReceivableNetCurrent`	$218.00M	USD	Point-in-time
Accounts receivable, net of allowances of $31 and $26	`AccountsReceivableNetCurrent`	$175.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Deferred directory costs	`DeferredCostsCurrent`	$183.00M	USD	Point-in-time
Deferred directory costs	`DeferredCostsCurrent`	$179.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	17.60M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	17.64M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	17.64M	shares	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$9.00M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$12.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	17.60M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$27.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$20.00M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$16.00M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$16.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$609.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$581.00M	USD	Point-in-time
Fixed assets and capitalized software, net	`PropertyPlantAndEquipmentNet`	$92.00M	USD	Point-in-time
Fixed assets and capitalized software, net	`PropertyPlantAndEquipmentNet`	$106.00M	USD	Point-in-time
Goodwill	`Goodwill`	$315.00M	USD	Point-in-time
Goodwill	`Goodwill`	$315.00M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.38B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.23B	USD	Point-in-time
Pension assets	`PrepaidPensionCosts`	$41.00M	USD	Point-in-time
Pension assets	`PrepaidPensionCosts`	$42.00M	USD	Point-in-time
Other non current assets	`OtherAssetsNoncurrent`	$12.00M	USD	Point-in-time
Other non current assets	`OtherAssetsNoncurrent`	$11.00M	USD	Point-in-time
Total Assets	`Assets`	$2.46B	USD	Point-in-time
Total Assets	`Assets`	$2.27B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$154.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$153.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$166.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$135.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$11.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$20.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$126.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$120.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$419.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$466.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.47B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.52B	USD	Point-in-time
Employee benefit obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$115.00M	USD	Point-in-time
Employee benefit obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$132.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$35.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$28.00M	USD	Point-in-time
Unrecognized tax benefits	`LiabilityForUncertainTaxPositionsNoncurrent`	$19.00M	USD	Point-in-time
Unrecognized tax benefits	`LiabilityForUncertainTaxPositionsNoncurrent`	$14.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.00M	USD	Point-in-time
Common stock, par value $.001 per share, authorized 300,000,000 shares; issued and outstanding 17,635,374 shares at March 31, 2014 and 17,601,520 shares at December 31, 2013	`CommonStockValue`	-	USD	Point-in-time
Common stock, par value $.001 per share, authorized 300,000,000 shares; issued and outstanding 17,635,374 shares at March 31, 2014 and 17,601,520 shares at December 31, 2013	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.55B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.55B	USD	Point-in-time
Retained (deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.30B	USD	Point-in-time
Retained (deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.22B	USD	Point-in-time
Accumulated other comprehensive (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.00M	USD	Point-in-time
Accumulated other comprehensive (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-34.00M	USD	Point-in-time
Total shareholders' equity (deficit)	`StockholdersEquity`	$-782.00M	USD	Point-in-time
Total shareholders' equity (deficit)	`StockholdersEquity`	$-703.00M	USD	Point-in-time
Total Liabilities and Shareholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$2.46B	USD	Point-in-time
Total Liabilities and Shareholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$2.27B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Operating Revenue	`SalesRevenueNet`	$456.00M	USD	1 Quarter
Operating Revenue	`SalesRevenueNet`	$288.00M	USD	1 Quarter
Selling	`SellingAndMarketingExpense`	$65.00M	USD	1 Quarter
Selling	`SellingAndMarketingExpense`	$115.00M	USD	1 Quarter
Cost of service (exclusive of depreciation and amortization)	`CostOfRevenue`	$150.00M	USD	1 Quarter
Cost of service (exclusive of depreciation and amortization)	`CostOfRevenue`	$84.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$31.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$23.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$161.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$89.00M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$449.00M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$269.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$19.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$7.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-90.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-43.00M	USD	1 Quarter
(Loss) Before Reorganization Items and (Benefit) for Income Taxes	`IncomeLossBeforeReorganizationItemsNetAndIncomeTaxes`	$-83.00M	USD	1 Quarter
(Loss) Before Reorganization Items and (Benefit) for Income Taxes	`IncomeLossBeforeReorganizationItemsNetAndIncomeTaxes`	$-24.00M	USD	1 Quarter
Reorganization items	`ReorganizationItems`	-	USD	1 Quarter
Reorganization items	`ReorganizationItems`	$36.00M	USD	1 Quarter
(Loss) Before (Benefit) for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-83.00M	USD	1 Quarter
(Loss) Before (Benefit) for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-60.00M	USD	1 Quarter
(Benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-1.00M	USD	1 Quarter
(Benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-1.00M	USD	1 Quarter
Net (Loss)	`NetIncomeLoss`	$-82.00M	USD	1 Quarter
Net (Loss)	`NetIncomeLoss`	$-59.00M	USD	1 Quarter
Adjustments for pension and other post-employment benefits, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.00M	USD	1 Quarter
Adjustments for pension and other post-employment benefits, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Comprehensive (Loss)	`ComprehensiveIncomeNetOfTax`	$-58.00M	USD	1 Quarter
Comprehensive (Loss)	`ComprehensiveIncomeNetOfTax`	$-80.00M	USD	1 Quarter
Basic and diluted (loss) per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-5.84	USD	1 Quarter
Basic and diluted (loss) per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-4.74	USD	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.20M	shares	1 Quarter
Basic and diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.30M	shares	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-82.00M	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-59.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$161.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$89.00M	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.00M	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.00M	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$6.00M	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$7.00M	USD	1 Quarter
Non-cash interest expense	`AmortizationOfDebtDiscountPremium`	$9.00M	USD	1 Quarter
Non-cash interest expense	`AmortizationOfDebtDiscountPremium`	$22.00M	USD	1 Quarter
Employee retiree benefits	`PensionAndOtherPostretirementBenefitExpense`	-	USD	1 Quarter
Employee retiree benefits	`PensionAndOtherPostretirementBenefitExpense`	$-15.00M	USD	1 Quarter
Non-cash reorganization items	`NonCashReorganizationItemsNet`	-	USD	1 Quarter
Non-cash reorganization items	`NonCashReorganizationItemsNet`	$-32.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-37.00M	USD	1 Quarter
Deferred directory costs	`IncreaseDecreaseInDeferredCharges`	$-9.00M	USD	1 Quarter
Deferred directory costs	`IncreaseDecreaseInDeferredCharges`	$-5.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$3.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-5.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-40.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-26.00M	USD	1 Quarter
Other items, net	`OtherOperatingActivitiesCashFlowStatement`	$4.00M	USD	1 Quarter
Other items, net	`OtherOperatingActivitiesCashFlowStatement`	$-4.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$100.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$55.00M	USD	1 Quarter
Additions to fixed assets and capitalized software	`PaymentsToAcquireProductiveAssets`	$6.00M	USD	1 Quarter
Additions to fixed assets and capitalized software	`PaymentsToAcquireProductiveAssets`	$3.00M	USD	1 Quarter
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.00M	USD	1 Quarter
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.00M	USD	1 Quarter
Debt repayments	`RepaymentsOfLongTermDebt`	$74.00M	USD	1 Quarter
Debt repayments	`RepaymentsOfLongTermDebt`	$82.00M	USD	1 Quarter
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-82.00M	USD	1 Quarter
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-74.00M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-33.00M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$23.00M	USD	1 Quarter
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$156.00M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$179.00M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$139.00M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$172.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$156.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$179.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$139.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$172.00M	USD	Point-in-time
Cash interest on debt	`InterestPaidNet`	$74.00M	USD	1 Quarter
Cash interest on debt	`InterestPaidNet`	$37.00M	USD	1 Quarter
Cash income taxes, net	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash income taxes, net	`IncomeTaxesPaidNet`	-	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.