XML 27 R17.htm IDEA: XBRL DOCUMENT
v3.23.2

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES | 6 Months Ended
--- | ---
Jun. 30, 2023
Payables and Accruals [Abstract] |
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES | ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities consisted of the following (in thousands):
| June 30, |  | December 31,
| 2023 |  | 2022
Accrued expenses | $ | 80,484 |  |  | $ | 75,532 |
Accrued payroll and payroll related | 113,357 |  |  | 90,257 |
Income taxes payable | 2,840 |  |  | 5,534 |
Short-term borrowings | — |  |  | 20,519 |
Obligation to return collateral(1) | 1,403 |  |  | 26,874 |
Other payables(2) | 64,167 |  |  | 112,520 |
Total accrued expenses and other current liabilities | $ | 262,251 |  |  | $ | 331,236 |
__________________ (1)See Note 11. Collateral for additional details on obligation to return collateral. (2)Includes other payables denominated in crypto assets of $15.4 million and $8.8 million as of June 30, 2023 and December 31, 2022, respectively. See Note 13. Derivatives for additional details. Short-term borrowings Short-term borrowings include borrowings with open terms or amounts payable within the next 12 months or sooner at the option of the Company or the lender. The weighted average interest rate on these borrowings was 4.49% per annum as of December 31, 2022. There were no short-term borrowings outstanding as of June 30, 2023. During the six months ended June 30, 2023, the Company repaid an aggregate of $52.1 million of short-term borrowings.

X
- Definition The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period. + References No definition available. + Details
Name: | us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_PayablesAndAccrualsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration