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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Schedule of impact of revision on the Company's previously reported consolidated financial statements | ​
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​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | At December 31, 2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As reported |  | Adjustment |  | As revised | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Goodwill | ​ | $ | 721,819 | ​ | $ | 64,685 | ​ | $ | 786,504 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Customer contracts, net | ​ |  | 325,929 | ​ |  | (24,015) | ​ |  | 301,914 | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total assets | ​ |  | 1,980,870 | ​ |  | 40,670 | ​ |  | 2,021,540 | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other long-term accrued liabilities | ​ |  | 67,345 | ​ |  | 11,501 | ​ |  | 78,846 | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total liabilities | ​ |  | 898,822 | ​ |  | 11,501 | ​ |  | 910,323 | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Retained earnings | ​ |  | 500,919 | ​ |  | 29,169 | ​ |  | 530,088 | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total stockholders' equity | ​ |  | 1,082,048 | ​ |  | 29,169 | ​ |  | 1,111,217 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total liabilities and stockholders' equity | ​ |  | 1,980,870 | ​ |  | 40,670 | ​ |  | 2,021,540 | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year ended December 31, 2021 | ​ | For the year ended December 31, 2020 | ​
​ | ​ | As reported | ​ | Adjustment | ​ | As revised | ​ | As reported | ​ | Adjustment | ​ | As revised | ​
CONSOLIDATED STATEMENTS OF INCOME | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
COSTS AND EXPENSES | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Sales, general and administrative | ​ | $ | 727,489 | ​ | $ | — | ​ | $ | 727,489 | ​ | $ | 656,207 | ​ | $ | 1,002 | ​ | $ | 657,209 | ​
Depreciation and amortization | ​ | ​ | 94,205 | ​ | ​ | (7,647) | ​ | ​ | 86,558 | ​ | ​ | 88,329 | ​ | ​ | (8,998) | ​ | ​ | 79,331 | ​
Total operating expenses | ​ | ​ | 1,984,311 | ​ | ​ | (7,647) | ​ | ​ | 1,976,664 | ​ | ​ | 1,793,128 | ​ | ​ | (7,996) | ​ | ​ | 1,785,132 | ​
Operating income | ​ | ​ | 439,989 | ​ | ​ | 7,647 | ​ | ​ | 447,636 | ​ | ​ | 368,092 | ​ | ​ | 7,996 | ​ | ​ | 376,088 | ​
Consolidated income before income taxes | ​ | ​ | 474,838 | ​ | ​ | 7,647 | ​ | ​ | 482,485 | ​ | ​ | 354,720 | ​ | ​ | 7,996 | ​ | ​ | 362,716 | ​
Provision for income taxes | ​ | ​ | 124,151 | ​ | ​ | 1,769 | ​ | ​ | 125,920 | ​ | ​ | 93,896 | ​ | ​ | 2,064 | ​ | ​ | 95,960 | ​
Net income | ​ | ​ | 350,687 | ​ | ​ | 5,878 | ​ | ​ | 356,565 | ​ | ​ | 260,824 | ​ | ​ | 5,932 | ​ | ​ | 266,756 | ​
Net income per share - basic and diluted | ​ | ​ | 0.71 | ​ | ​ | 0.01 | ​ | ​ | 0.72 | ​ | ​ | 0.53 | ​ | ​ | 0.01 | ​ | ​ | 0.54 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 350,687 | ​ | $ | 5,878 | ​ | $ | 356,565 | ​ | $ | 260,824 | ​ | $ | 5,932 | ​ | $ | 266,756 | ​
Comprehensive income | ​ | ​ | 345,173 | ​ | ​ | 5,878 | ​ | ​ | 351,051 | ​ | ​ | 271,036 | ​ | ​ | 5,932 | ​ | ​ | 276,968 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Retained Earnings | ​ | Total | ​
​ | ​ | As reported | ​ | Adjustment | ​ | As revised | ​ | As reported | ​ | Adjustment | ​ | As revised | ​
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance at December 31, 2019 | ​ | $ | 256,300 | ​ | $ | 17,359 | ​ | $ | 273,659 | ​ | $ | 815,750 | ​ | $ | 17,359 | ​ | $ | 833,109 | ​
Net income | ​ | ​ | 260,824 | ​ | ​ | 5,932 | ​ | ​ | 266,756 | ​ | ​ | 260,824 | ​ | ​ | 5,932 | ​ | ​ | 266,756 | ​
Balance at December 31, 2020 | ​ | ​ | 358,888 | ​ | ​ | 23,291 | ​ | ​ | 382,179 | ​ | ​ | 941,360 | ​ | ​ | 23,291 | ​ | ​ | 964,651 | ​
Net income | ​ | ​ | 350,687 | ​ | ​ | 5,878 | ​ | ​ | 356,565 | ​ | ​ | 350,687 | ​ | ​ | 5,878 | ​ | ​ | 356,565 | ​
Balance at December 31, 2021 | ​ | ​ | 500,919 | ​ | ​ | 29,169 | ​ | ​ | 530,088 | ​ | ​ | 1,082,048 | ​ | ​ | 29,169 | ​ | ​ | 1,111,217 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year ended December 31, 2021 | ​ | For the year ended December 31, 2020 | ​
​ | ​ | As reported | ​ | Adjustment | ​ | As revised | ​ | As reported | ​ | Adjustment | ​ | As revised | ​
CONSOLIDATED STATEMENTS OF CASH FLOWS | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
OPERATING ACTIVITIES | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 350,687 | ​ | $ | 5,878 | ​ | $ | 356,565 | ​ | $ | 260,824 | ​ | $ | 5,932 | ​ | $ | 266,756 | ​
Adjustments to reconcile net income to net cash provided by operating activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Depreciation and amortization | ​ | ​ | 94,205 | ​ | ​ | (7,647) | ​ | ​ | 86,558 | ​ | ​ | 88,329 | ​ | ​ | (8,998) | ​ | ​ | 79,331 | ​
Provision for deferred income taxes | ​ | ​ | 1,652 | ​ | ​ | 1,769 | ​ | ​ | 3,421 | ​ | ​ | (1,215) | ​ | ​ | 2,064 | ​ | ​ | 849 | ​
Changes in operating assets and liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other long-term assets and liabilities | ​ | ​ | (7,138) | ​ | ​ | — | ​ | ​ | (7,138) | ​ | ​ | 18,217 | ​ | ​ | 1,002 | ​ | ​ | 19,219 | ​
Net cash provided by operating activities | ​ | ​ | 401,805 | ​ | ​ | — | ​ | ​ | 401,805 | ​ | ​ | 435,785 | ​ | ​ | — | ​ | ​ | 435,785 | ​
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​
Tabular disclosure of advertising costs | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Years ended December 31, |  | 2022 |  | 2021 |  | 2020
(in thousands) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advertising | ​ | $ | 102,959 | ​ | $ | 91,879 | ​ | $ | 86,314
​
Schedule of cash held in foreign banks accounts | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
At December 31, |  | 2022 |  | 2021 |
(in thousands) | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash held in foreign bank accounts | ​ | $ | 68,580 | ​ | $ | 78,102 | ​
​
Schedule of depreciation expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Years ended December 31, |  | 2022 |  | 2021 |  | 2020
(in thousands) | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Depreciation | ​ | $ | 35,648 | ​ | $ | 40,592 | ​ | $ | 40,623
​
Basic and diluted earnings per share | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Year Ended December 31, |  | 2022 |  | 2021 |  | 2020
Net income available to stockholders | ​ | $ | 368,599 | ​ | $ | 356,565 | ​ | $ | 266,756
Less dividends paid: | ​ |  |  | ​ |  |  | ​ |  |
Common stock | ​ |  | (210,509) | ​ |  | (207,482) | ​ |  | (159,524)
Time-lapse restricted awards | ​ |  | (1,109) | ​ |  | (1,174) | ​ |  | (963)
Undistributed earnings for the period | ​ | $ | 156,981 | ​ | $ | 147,909 | ​ | $ | 106,269
Allocation of undistributed earnings: | ​ |  |  | ​ |  |  | ​ |  |
Common stock | ​ |  | 156,123 | ​ |  | 147,069 | ​ |  | 99,676
Time-lapse restricted awards | ​ |  | 823 | ​ |  | 840 | ​ |  | 661
Restricted stock units | ​ | ​ | 36 | ​ | ​ | — | ​ | ​ | —
Weighted-average shares outstanding: | ​ |  |  | ​ |  |  | ​ |  |
Weighted-average outstanding common shares | ​ |  | 489,719 | ​ |  | 489,259 | ​ |  | 488,364
Add participating securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average time-lapse restricted awards | ​ |  | 2,581 | ​ |  | 2,795 | ​ |  | 3,240
Total weighted-average shares outstanding - basic | ​ |  | 492,300 | ​ |  | 492,054 | ​ |  | 491,604
Dilutive effect of restricted stock units | ​ | ​ | 113 | ​ | ​ | — | ​ | ​ | —
Total weighted-average shares outstanding - diluted | ​ | ​ | 492,413 | ​ | ​ | 492,054 | ​ | ​ | 491,604
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic earnings per share: | ​ |  |  | ​ |  |  | ​ |  |
Common stock: | ​ |  |  | ​ |  |  | ​ |  |
Distributed earnings | ​ | $ | 0.43 | ​ | $ | 0.42 | ​ | $ | 0.33
Undistributed earnings | ​ |  | 0.32 | ​ |  | 0.30 | ​ |  | 0.21
​ | ​ | $ | 0.75 | ​ | $ | 0.72 | ​ | $ | 0.54
Time-lapse restricted awards: | ​ |  |  | ​ |  |  | ​ |  |
Distributed earnings | ​ | $ | 0.43 | ​ | $ | 0.42 | ​ | $ | 0.30
Undistributed earnings | ​ |  | 0.32 | ​ |  | 0.30 | ​ |  | 0.20
​ | ​ | $ | 0.75 | ​ | $ | 0.72 | ​ | $ | 0.50
Diluted earnings per share: | ​ |  |  | ​ |  |  | ​ |  |
Common stock: | ​ |  |  | ​ |  |  | ​ |  |
Distributed earnings | ​ | $ | 0.43 | ​ | $ | 0.42 | ​ | $ | 0.33
Undistributed earnings | ​ |  | 0.32 | ​ |  | 0.30 | ​ |  | 0.21
​ | ​ | $ | 0.75 | ​ | $ | 0.72 | ​ | $ | 0.54
Time-lapse restricted awards: | ​ |  |  | ​ |  |  | ​ |  |
Distributed earnings | ​ | $ | 0.43 | ​ | $ | 0.42 | ​ | $ | 0.30
Undistributed earnings | ​ |  | 0.32 | ​ |  | 0.30 | ​ |  | 0.20
​ | ​ | $ | 0.75 | ​ | $ | 0.72 | ​ | $ | 0.50
Restricted stock units: | ​ |  |  | ​ |  |  | ​ |  |
Distributed earnings | ​ | $ | — | ​ | $ | — | ​ | $ | —
Undistributed earnings | ​ |  | 0.32 | ​ |  | — | ​ |  | —
​ | ​ | $ | 0.32 | ​ | $ | — | ​ | $ | —
​

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