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SEC Filings

8-K
GREENSKY, INC. filed this Form 8-K on 11/06/2018
Entire Document
 


GreenSky, Inc.
Consolidated Balance Sheets (unaudited)
(Dollars in thousands, except share data)

 
September 30, 2018
 
December 31, 2017
 
 
 
 
Assets
 
 
 
Cash
$
294,336

 
$
224,614

Restricted cash
160,909

 
129,224

Loan receivables held for sale, net
14,765

 
73,606

Accounts receivable, net
18,623

 
18,358

Related party receivables
122

 
218

Property, equipment and software, net
9,768

 
7,848

Deferred tax assets, net
297,983

 

Other assets
4,989

 
9,021

Total assets
$
801,495

 
$
462,889

 
 
 
 
Liabilities, Temporary and Permanent Equity (Deficit)
 
 
 
Liabilities
 
 
 
Accounts payable
$
6,134

 
$
6,845

Accrued compensation and benefits
5,525

 
7,677

Other accrued expenses
1,013

 
1,606

Finance charge reversal liability
117,202

 
94,148

Term loan
387,401

 
338,263

Tax receivable agreement liability
255,823

 

Related party liabilities
937

 
1,548

Other liabilities
39,649

 
38,841

Total liabilities
813,684

 
488,928

 
 
 
 
Commitments, Contingencies and Guarantees
 
 
 
Temporary Equity
 
 
 
Redeemable preferred units

 
430,348

Permanent Equity (Deficit)
 
 
 
Class A common stock, par value $0.01 and 57,797,385 shares issued and outstanding at September 30, 2018 and 0 shares issued and outstanding at December 31, 2017
576

 

Class B common stock, par value $0.001 and 128,826,614 shares issued and outstanding at September 30, 2018 and 0 shares issued and outstanding at December 31, 2017
129

 

Additional paid-in capital
11,429

 
(554,906
)
Retained earnings
17,210

 
98,519

Noncontrolling interest
(41,533
)
 

Total permanent equity (deficit)
(12,189
)
 
(456,387
)
Total liabilities, temporary and permanent equity (deficit)
$
801,495

 
$
462,889