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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 533,830,000 $ 852,033,000
Restricted cash 628,436,000 477,620,000
Accounts receivable (net of allowances of $65,692 in 2021 and $59,147 in 2020) 3,053,565,000 1,993,329,000
Securitized accounts receivable, restricted 126,648,000 93,236,000
Prepaid expenses and other current assets 93,275,000 86,629,000
Total current assets 4,435,754,000 3,502,847,000
Property, equipment and capitalized software (net of accumulated depreciation of $465,264 in 2021 and $402,406 in 2020) 178,797,000 188,340,000
Goodwill 2,905,520,000 2,688,138,000
Other intangible assets (net of accumulated amortization of $963,071 in 2021 and $835,163 in 2020) 1,690,916,000 1,552,012,000
Investment securities 36,855,000 37,273,000
Deferred income taxes, net 36,431,000 17,524,000
Other assets 229,858,000 197,227,000
Total assets 9,514,131,000 8,183,361,000
Liabilities and Stockholders’ Equity    
Accounts payable 1,289,591,000 778,207,000
Accrued expenses 432,879,000 362,472,000
Restricted cash payable 627,217,000 477,620,000
Short-term deposits 1,016,327,000 911,395,000
Short-term debt, net 183,244,000 152,730,000
Other current liabilities 55,377,000 58,429,000
Total current liabilities 3,604,635,000 2,740,853,000
Long-term debt, net 2,802,317,000 2,874,113,000
Long-term deposits 600,496,000 148,591,000
Deferred income taxes, net 204,730,000 220,122,000
Other liabilities 266,221,000 164,546,000
Total liabilities 7,478,399,000 6,148,225,000
Commitments and contingencies
Redeemable non-controlling interest 191,487,000 117,219,000
Stockholders’ Equity    
Common stock $0.01 par value; 175,000 shares authorized; 49,245 shares issued in 2021 and 48,616 in 2020; 44,817 shares outstanding in 2021 and 44,188 in 2020 491,000 485,000
Additional paid-in capital 830,074,000 872,711,000
Retained earnings 1,300,849,000 1,286,976,000
Accumulated other comprehensive loss (114,827,000) (82,935,000)
Treasury stock at cost; 4,428 shares in 2021 and 2020 (172,342,000) (172,342,000)
Total WEX Inc. stockholders’ equity 1,844,245,000 1,904,895,000
Non-controlling interest 0 13,022,000
Total stockholders’ equity 1,844,245,000 1,917,917,000
Total liabilities and stockholders’ equity $ 9,514,131,000 $ 8,183,361,000