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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 95,207 $ 28,265
Accounts receivable and unbilled, net (includes $2.2 million and $7.7 million with related parties at September 30, 2023 and December 31, 2022, respectively) 292,773 253,404
Prepaid expenses and other current assets 60,901 52,293
Total current assets 448,881 333,962
Property and equipment, net 114,764 109,849
Operating lease right-of-use assets 144,147 139,068
Goodwill 662,396 662,396
Intangible assets, net 36,359 38,008
Deferred income taxes 59,343 48,083
Other assets 20,831 21,129
Total assets 1,486,721 1,352,495
Current liabilities:    
Accounts payable (includes $3.1 million and $0.3 million with related parties at September 30, 2023 and December 31, 2022, respectively) 29,023 33,069
Accrued expenses 264,785 210,125
Advanced billings (includes $13.4 million and $8.8 million with related parties at September 30, 2023 and December 31, 2022, respectively) 518,755 462,729
Short-term debt 0 50,000
Other current liabilities (includes $12.5 million with related parties at December 31, 2022) 35,955 47,547
Total current liabilities 848,518 803,470
Operating lease liabilities 143,039 138,867
Deferred income tax liability 1,128 1,070
Other long-term liabilities 23,124 22,701
Total liabilities 1,015,809 966,108
Commitments and contingencies (see Note 11)
Shareholders’ equity:    
Preferred stock - $0.01 par-value; 5,000,000 shares authorized; no shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 0 0
Common stock - $0.01 par-value; 250,000,000 shares authorized at September 30, 2023 and December 31, 2022, respectively; 30,682,157 and 31,091,694 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 307 309
Treasury stock - 70,573 and 71,573 shares at September 30, 2023 and December 31, 2022, respectively (12,322) (12,497)
Additional paid-in capital 795,994 770,794
Accumulated deficit (300,197) (359,827)
Accumulated other comprehensive loss (12,870) (12,392)
Total shareholders’ equity 470,912 386,387
Total liabilities and shareholders’ equity $ 1,486,721 $ 1,352,495