10-Q Filing

THRYV HOLDINGS, INC. CIK: 1556739 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001556739-15-000008`
Period End Date	20150331
Filing Date	20150508
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	dxm-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 30 Cash Flow Statement 50

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Allowance for Doubtful Accounts (in $ millions)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$29.00M	USD	Point-in-time
Allowance for Doubtful Accounts (in $ millions)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$30.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$156.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$171.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$179.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$171.00M	USD	Point-in-time
Accounts receivable, net of allowances of $29 and $30	`AccountsReceivableNetCurrent`	$142.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Accounts receivable, net of allowances of $29 and $30	`AccountsReceivableNetCurrent`	$151.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.62M	shares	Point-in-time
Deferred directory costs	`DeferredCostsCurrent`	$161.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.61M	shares	Point-in-time
Deferred directory costs	`DeferredCostsCurrent`	$150.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$14.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	17.62M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	17.61M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$12.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$497.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$475.00M	USD	Point-in-time
Fixed assets and capitalized software, net	`PropertyPlantAndEquipmentNet`	$54.00M	USD	Point-in-time
Fixed assets and capitalized software, net	`PropertyPlantAndEquipmentNet`	$64.00M	USD	Point-in-time
Goodwill	`Goodwill`	$315.00M	USD	Point-in-time
Goodwill	`Goodwill`	$315.00M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$701.00M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$794.00M	USD	Point-in-time
Pension assets	`PrepaidPensionCosts`	$49.00M	USD	Point-in-time
Pension assets	`PrepaidPensionCosts`	$45.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$6.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$7.00M	USD	Point-in-time
Total Assets	`Assets`	$1.72B	USD	Point-in-time
Total Assets	`Assets`	$1.60B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$132.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$124.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$167.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$132.00M	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`	$85.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$93.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$360.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$404.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.27B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.25B	USD	Point-in-time
Employee benefit obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$125.00M	USD	Point-in-time
Employee benefit obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$127.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$30.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$29.00M	USD	Point-in-time
Unrecognized tax benefits	`LiabilityForUncertainTaxPositionsNoncurrent`	$11.00M	USD	Point-in-time
Unrecognized tax benefits	`LiabilityForUncertainTaxPositionsNoncurrent`	$11.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.00M	USD	Point-in-time
Common stock, par value $.001 per share, authorized 300,000,000 shares; issued and outstanding 17,623,266 shares at March 31, 2015 and 17,608,580 shares at December 31, 2014	`CommonStockValue`	-	USD	Point-in-time
Common stock, par value $.001 per share, authorized 300,000,000 shares; issued and outstanding 17,623,266 shares at March 31, 2015 and 17,608,580 shares at December 31, 2014	`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`	$-2.59B	USD	Point-in-time
Retained (deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.65B	USD	Point-in-time
Accumulated other comprehensive (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-82.00M	USD	Point-in-time
Accumulated other comprehensive (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-85.00M	USD	Point-in-time
Total shareholders' (deficit)	`StockholdersEquity`	$-1.12B	USD	Point-in-time
Total shareholders' (deficit)	`StockholdersEquity`	$-1.18B	USD	Point-in-time
Total Liabilities and Shareholders' (Deficit)	`LiabilitiesAndStockholdersEquity`	$1.60B	USD	Point-in-time
Total Liabilities and Shareholders' (Deficit)	`LiabilitiesAndStockholdersEquity`	$1.72B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Operating Revenue	`SalesRevenueNet`	$406.00M	USD	1 Quarter
Operating Revenue	`SalesRevenueNet`	$456.00M	USD	1 Quarter
Selling	`SellingAndMarketingExpense`	$115.00M	USD	1 Quarter
Selling	`SellingAndMarketingExpense`	$96.00M	USD	1 Quarter
Cost of service (exclusive of depreciation and amortization)	`CostOfRevenue`	$141.00M	USD	1 Quarter
Cost of service (exclusive of depreciation and amortization)	`CostOfRevenue`	$150.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$37.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$23.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$106.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$161.00M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$449.00M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$380.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$7.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$26.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-85.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-90.00M	USD	1 Quarter
(Loss) Before Provision (Benefit) for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-83.00M	USD	1 Quarter
(Loss) Before Provision (Benefit) for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-59.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-1.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	-	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`	$-3.00M	USD	1 Quarter
Comprehensive (Loss)	`ComprehensiveIncomeNetOfTax`	$-56.00M	USD	1 Quarter
Comprehensive (Loss)	`ComprehensiveIncomeNetOfTax`	$-80.00M	USD	1 Quarter
Basic and diluted (loss) per common share ($ per share)	`EarningsPerShareBasicAndDiluted`	$-4.74	USD	1 Quarter
Basic and diluted (loss) per common share ($ per share)	`EarningsPerShareBasicAndDiluted`	$-3.39	USD	1 Quarter
Basic and diluted weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.40M	shares	1 Quarter
Basic and diluted weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.30M	shares	1 Quarter

Cash Flow Statement 50 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`	$106.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$161.00M	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.00M	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`	$5.00M	USD	1 Quarter
Non-cash interest expense	`AmortizationOfDebtDiscountPremium`	$22.00M	USD	1 Quarter
Non-cash interest expense	`AmortizationOfDebtDiscountPremium`	$25.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.00M	USD	1 Quarter
Employee retiree benefits	`PensionAndOtherPostretirementBenefitExpense`	$-15.00M	USD	1 Quarter
Employee retiree benefits	`PensionAndOtherPostretirementBenefitExpense`	$1.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-37.00M	USD	1 Quarter
Deferred directory costs	`IncreaseDecreaseInDeferredCharges`	$-5.00M	USD	1 Quarter
Deferred directory costs	`IncreaseDecreaseInDeferredCharges`	$-11.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-5.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-2.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-47.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-40.00M	USD	1 Quarter
Other items, net	`OtherOperatingActivitiesCashFlowStatement`	$3.00M	USD	1 Quarter
Other items, net	`OtherOperatingActivitiesCashFlowStatement`	-	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$46.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$100.00M	USD	1 Quarter
Additions to fixed assets and capitalized software	`PaymentsToAcquireProductiveAssets`	$3.00M	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`	$-3.00M	USD	1 Quarter
Debt repayments	`RepaymentsOfLongTermDebt`	$74.00M	USD	1 Quarter
Debt repayments	`RepaymentsOfLongTermDebt`	$38.00M	USD	1 Quarter
Debt issuance costs and other financing items, net	`PaymentsOfDebtIssuanceCosts`	$5.00M	USD	1 Quarter
Debt issuance costs and other financing items, net	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-74.00M	USD	1 Quarter
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.00M	USD	1 Quarter
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
Increase 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`	$171.00M	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`	$171.00M	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`	$171.00M	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`	$171.00M	USD	Point-in-time
Cash interest on debt	`InterestPaidNet`	$74.00M	USD	1 Quarter
Cash interest on debt	`InterestPaidNet`	$66.00M	USD	1 Quarter
Cash income taxes, net	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash income taxes, net	`IncomeTaxesPaidNet`	$3.00M	USD	1 Quarter

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