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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 252,831 $ 412,618
Marketable securities 0 65,538
Accounts receivable, net of allowances of $7,517 and $6,954, respectively 172,953 133,128
Prepaid expenses 31,426 23,597
Other current assets 48,865 47,923
Income taxes recoverable 5,957 10,410
Total current assets 512,032 693,214
Non-current assets    
Property and equipment, net 40,452 35,752
Operating lease right-of-use assets 85,053 86,063
Assets designated for retirement and pension plans 10,854 11,105
Investments 54,835 47,287
Other non-current assets 16,680 17,071
Goodwill 200,089 202,252
Other intangible assets, net 18,305 20,842
Deferred income taxes 27,170 28,005
Total non-current assets 453,438 448,377
Total assets 965,470 1,141,591
Current liabilities    
Accounts payable 19,776 20,837
Accrued salaries and benefits 133,735 322,744
Deferred revenue 47,377 45,732
Operating lease liabilities 20,351 21,498
Other current liabilities 24,449 21,823
Income taxes payable 6,190 6,057
Total current liabilities 251,878 438,691
Non-current liabilities    
Accrued salaries and benefits 50,263 52,108
Retirement and pension plans 69,572 62,100
Operating lease liabilities 78,050 78,204
Other non-current liabilities 41,152 41,808
Deferred income taxes 5,770 6,402
Total non-current liabilities 244,807 240,622
Total liabilities 496,685 679,313
Commitments and contingencies (Note 18)
Stockholders’ equity    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued at March 31, 2024 and December 31, 2023 0 0
Common stock, $0.01 par value, 100,000,000 shares authorized, 20,253,574 and 20,127,872 shares issued, 20,248,494 and 20,122,792 shares outstanding at March 31, 2024 and December 31, 2023, respectively 202 201
Treasury stock at cost, 5,080 shares at March 31, 2024 and December 31, 2023 (110) (110)
Additional paid in capital 251,769 251,988
Retained earnings 220,886 210,070
Accumulated other comprehensive income (loss) (3,962) 129
Total stockholders’ equity 468,785 462,278
Total liabilities and stockholders’ equity $ 965,470 $ 1,141,591
Treasury stock (in shares) 5,080 5,080