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STG Group, Inc.10Q
05/22/2017STG Group, Inc.Delaware
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STG Group, Inc.10Q
05/22/2017Not ApplicablePART I:'UNAUDITED FINANCIAL INFORMATION Item 1. Financial Information
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%Condensed Consolidated Balance Sheets~
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STG Group, Inc.10Q
05/22/2017
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STG Group, Inc.10Q
05/22/2017Income StatementThree Months EndedThree Months Ended March 31, 2017 March 31, 2016
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STG Group, Inc.10Q
05/22/2017
Cash FlowsThree Months EndedThree Months Ended March 31, 2017 March 31, 2016,
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Balance SheetIncome Statement
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STG Group, Inc.10Q
05/22/20172*Three Months Ended March 31, 2017 and 2016STG Group, Inc. 6
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STG Group, Inc.10Q
05/22/2017H@5 Note 1. Nature of Business and Significant Accounting PoliciesSTG Group, Inc. 6
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STG Group, Inc.10Q
05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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STG Group, Inc.10Q
05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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STG Group, Inc.10Q
05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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STG Group, Inc.10Q
05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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STG Group, Inc.10Q
05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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STG Group, Inc.10Q
05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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05/22/20175Revision of Prior Period Financial Statements
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05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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05/22/20175Revision of Prior Period Financial Statements March 31, 2017
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05/22/20175Revision of Prior Period Financial Statements December 31, 2016
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05/22/20175Revision of Prior Period Financial StatementsBalances as of March 31, 2017
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05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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05/22/20175Revision of Prior Period Financial Statements March 31, December 31,
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STG Group, Inc.10Q
05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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STG Group, Inc.10Q
05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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05/22/20175Revision of Prior Period Financial StatementsSTG Group, Inc. 6
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05/22/2017
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05/22/2017
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05/22/2017
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05/22/2017Restricted Stock AwardsSTG Group, Inc. 6
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Balance SheetIncome Statement
Cash Flows!Three Months Ended March 31 201!5 Note 1 Nature of Business and!Revision of Prior Period FinancRevision of Prior Period (1)Revision of Prior Period (2)Revision of Prior Period (3)Revision of Prior Period (4)Revision of Prior Period (5)Revision of Prior Period (6)Revision of Prior Period (7)Revision of Prior Period (8)Revision of Prior Period (9) Revision of Prior Period (10) Revision of Prior Period (11) Revision of Prior Period (12) Revision of Prior Period (13) Revision of Prior Period (14) Revision of Prior Period (15) Revision of Prior Period (16) Revision of Prior Period (17) Revision of Prior Period (18)
Stock OptionsStock Options (1)Stock Options (2)Restricted Stock Awards Selected Financial Information26 Contract Revenue26 Contract Rev (1)26 Contract Rev (2)Cash Flows (1)ITEM 6 EXHIBITS42 EXHIBIT INDEXU }1}$ } }$ } }$
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STG Group, Inc.10Q
05/22/201728 Net Loss
Three
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Net loss333333Income tax benefitffffffffffffInterest expense@?*"Amortization of loan issuance cost333333??%Depreciation and amortization??#Amortization of intangibles??EBITDAffffff?Adjustments to EBITDA1)Integration and other restructuring costsffffff?333333?~
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STG Group IncNot Applicable
Balance SheetIncome Statement
Cash Flows!Three Months Ended March 31 201!5 Note 1 Nature of Business and!Revision of Prior Period FinancRevision of Prior Period (1)Revision of Prior Period (2)Revision of Prior Period (3)Revision of Prior Period (4)Revision of Prior Period (5)Revision of Prior Period (6)Revision of Prior Period (7)Revision of Prior Period (8)Revision of Prior Period (9) Revision of Prior Period (10) Revision of Prior Period (11) Revision of Prior Period (12) Revision of Prior Period (13) Revision of Prior Period (14) Revision of Prior Period (15) Revision of Prior Period (16) Revision of Prior Period (17) Revision of Prior Period (18)
Stock OptionsStock Options (1)Stock Options (2)Restricted Stock Awards Selected Financial Information26 Contract Revenue26 Contract Rev (1)26 Contract Rev (2)
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STG Group, Inc.10Q
05/22/2017
Cash FlowsThree Months Ended
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STG Group IncNot Applicable
Balance SheetIncome Statement
Cash Flows!Three Months Ended March 31 201!5 Note 1 Nature of Business and!Revision of Prior Period FinancRevision of Prior Period (1)Revision of Prior Period (2)Revision of Prior Period (3)Revision of Prior Period (4)Revision of Prior Period (5)Revision of Prior Period (6)Revision of Prior Period (7)Revision of Prior Period (8)Revision of Prior Period (9) Revision of Prior Period (10) Revision of Prior Period (11) Revision of Prior Period (12) Revision of Prior Period (13) Revision of Prior Period (14) Revision of Prior Period (15) Revision of Prior Period (16) Revision of Prior Period (17) Revision of Prior Period (18)
Stock OptionsStock Options (1)Stock Options (2)Restricted Stock Awards Selected Financial Information26 Contract Revenue26 Contract Rev (1)26 Contract Rev (2)
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STG Group, Inc.10Q
05/22/2017ITEM 6. EXHIBITSExhibit!Incorporated by Reference
Filed or
Furnished
Number
Description
Form
Exhibit
Filing Date
Herewith@91Amended and Restated Certificate of Incorporation8K@
11/30/2015
@#Amended and Restated Bylaws8K @
11/30/2015
@
1
)Agreement and Plan of Merger, dated as of
X4,February 18, 2017, by and among the Company,0(Ripcord Acquisition Corp., PSS Holdings,/'Inc., PSS PE I, L.P., PSS CoInvestors,/'L.P., WWC Capital Fund II, L.P., Spring1)Capital Partners II, L.P., Scott Goss andPeter M. Schulte*@2*Amendment and Waiver to Agreement and Plan
X2*of Merger, dated as of May 8, 2017, by and.&among the Company, Ripcord Acquisition2*Corp., PSS Holdings, Inc., PSS PE I, L.P.,0(PSS CoInvestors, L.P., WWC Capital Fund3+II, L.P., Spring Capital Partners II, L.P.,( Scott Goss and Peter M. Schulte*333333$@0(Limited Forbearance to Credit Agreement,10KR$@ 4/17/2017
3+dated as of February 24, 2017, by and among/'the Company, STG, Inc., Access Systems,/'Incorporated, STG Group Holdings, Inc.,2*MC Admin Co LLC, and the requisite lendersD)
lsj1}K.O; !"#$%&'()*+,./0123456789:;<=>?
party thereto!ffffff$@!/!'Separation Agreement, dated as of March!!!!!!! !
X""3"+20, 2017, by and among the Company and Dale###R. Davis$$@$1$)Limited Waiver to Credit Agreement, dated$$$$$$$ $
X%%7%/as of March 31, 2017, by and among the Company,&&/&'Access Systems, Incorporated, STG Group''0'(Holdings, Inc., MC Admin Co LLC, and the(((lenders party thereto)?@),)$Certification of Principal Executive))))))) )
X**3*+Officer Pursuant to 18 U.S.C. Section 1350,++1+)As Adopted Pursuant to Section 302 of the,,",SarbanesOxley Act of 2002333333?@0(Certification of Chief Financial Officer 
X..6..Pursuant to 18 U.S.C. Section 1350, As Adopted//5/Pursuant to Section 302 of the SarbanesOxley000Act of 20021@@1,1$Certification of Principal Executive1111111 1
X2232+Officer Pursuant to 18 U.S.C. Section 1350,3313)As Adopted Pursuant to Section 906 of the44"4SarbanesOxley Act of 20025@@505(Certification of Chief Financial Officer5555555 5
X6666.Pursuant to 18 U.S.C. Section 1350, As Adopted7757Pursuant to Section 906 of the SarbanesOxley888Act of 20029101.INS99XBRL Instance Document9999999 ~
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STG Group IncNot Applicable
Balance SheetIncome Statement
Cash Flows!Three Months Ended March 31 201!5 Note 1 Nature of Business and!Revision of Prior Period FinancRevision of Prior Period (1)Revision of Prior Period (2)Revision of Prior Period (3)Revision of Prior Period (4)Revision of Prior Period (5)Revision of Prior Period (6)Revision of Prior Period (7)Revision of Prior Period (8)Revision of Prior Period (9) Revision of Prior Period (10) Revision of Prior Period (11) Revision of Prior Period (12) Revision of Prior Period (13) Revision of Prior Period (14) Revision of Prior Period (15) Revision of Prior Period (16) Revision of Prior Period (17) Revision of Prior Period (18)
Stock OptionsStock Options (1)Stock Options (2)Restricted Stock Awards Selected Financial Information26 Contract Revenue26 Contract Rev (1)26 Contract Rev (2)
28 Net LossCash Flows (1)ITEM 6 EXHIBITSU }I }$ }I;}$ }}$ }I }$ }} $ }
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STG Group, Inc.10Q
05/22/201742 EXHIBIT INDEXExhibit!Incorporated by Reference
Filed or
Furnished
Number
Description
Form
Exhibit
Filing Date
Herewith@91Amended and Restated Certificate of Incorporation8K@
11/30/2015
@#Amended and Restated Bylaws8K @
11/30/2015
@
1
)Agreement and Plan of Merger, dated as of
X4,February 18, 2017, by and among the Company,0(Ripcord Acquisition Corp., PSS Holdings,/'Inc., PSS PE I, L.P., PSS CoInvestors,/'L.P., WWC Capital Fund II, L.P., Spring1)Capital Partners II, L.P., Scott Goss andPeter M. Schulte*@2*Amendment and Waiver to Agreement and Plan
X2*of Merger, dated as of May 8, 2017, by and.&among the Company, Ripcord Acquisition2*Corp., PSS Holdings, Inc., PSS PE I, L.P.,0(PSS CoInvestors, L.P., WWC Capital Fund3+II, L.P., Spring Capital Partners II, L.P.,( Scott Goss and Peter M. Schulte*333333$@0(Limited Forbearance to Credit Agreement,10KR$@ 4/17/2017
3+dated as of February 24, 2017, by and among/'the Company, STG, Inc., Access Systems,/'Incorporated, STG Group Holdings, Inc.,2*MC Admin Co LLC, and the requisite lendersD)
lsj1}K.O; !"#$%&'()*+,./0123456789:;<=>?
party thereto!ffffff$@!/!'Separation Agreement, dated as of March!!!!!!! !
X""3"+20, 2017, by and among the Company and Dale###R. Davis$$@$1$)Limited Waiver to Credit Agreement, dated$$$$$$$ $
X%%7%/as of March 31, 2017, by and among the Company,&&/&'Access Systems, Incorporated, STG Group''0'(Holdings, Inc., MC Admin Co LLC, and the(((lenders party thereto)?@),)$Certification of Principal Executive))))))) )
X**3*+Officer Pursuant to 18 U.S.C. Section 1350,++1+)As Adopted Pursuant to Section 302 of the,,",SarbanesOxley Act of 2002333333?@0(Certification of Chief Financial Officer 
X..6..Pursuant to 18 U.S.C. Section 1350, As Adopted//5/Pursuant to Section 302 of the SarbanesOxley000Act of 20021@@1,1$Certification of Principal Executive1111111 1
X2232+Officer Pursuant to 18 U.S.C. Section 1350,3313)As Adopted Pursuant to Section 906 of the44"4SarbanesOxley Act of 20025@@505(Certification of Chief Financial Officer5555555 5
X6666.Pursuant to 18 U.S.C. Section 1350, As Adopted7757Pursuant to Section 906 of the SarbanesOxley888Act of 20029101.INS99XBRL Instance Document9999999 ~
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