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Basis of Presentation and Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2021
Accounting Policies [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The following table illustrates the adoption impact of ASU 2020-06:
| January 1, 2021
(In thousands) | Prior to adoption |  | Impact of adoption |  | As reported
Long-term debt, net | $ | 2,874,113 |  |  | $ | 52,115 |  |  | $ | 2,926,228 |
Deferred income taxes, net (within total liabilities) | 220,122 |  |  | (12,109) |  |  | 208,013 |
Additional paid-in capital | 872,711 |  |  | (41,982) |  |  | 830,729 |
Retained earnings | 1,286,976 |  |  | 1,976 |  |  | 1,288,952 |
The following table illustrates the adoption impact of Topic 326:
| January 1, 2020
(In thousands) | Prior to Adoption |  | Impact of Topic 326 |  | As Reported
Allowance for accounts receivable 1 | $ | 52,274 |  |  | $ | 11,577 |  |  | $ | 63,851 |
Deferred income taxes, net (within total assets) | $ | 12,833 |  |  | $ | 570 |  |  | $ | 13,403 |
Deferred income taxes, net (within total liabilities) | $ | 218,740 |  |  | $ | (2,230) |  |  | $ | 216,510 |
Retained earnings | $ | 1,539,201 |  |  | $ | (8,587) |  |  | $ | 1,530,614 |
Non-controlling interest | $ | 9,575 |  |  | $ | (190) |  |  | $ | 9,385 |
1 This impact does not reflect the economic disruption resulting from the COVID-19 pandemic since it occurred subsequent to January 1, 2020. The following table provides a brief description of recent accounting pronouncements not yet adopted and their anticipated impact on our financial statements:
Standard |  | Description |  | Date/Method of Adoption |  | Effect on financial statements or other significant matters
Not Yet Adopted as of December 31, 2021
ASU 2021-08, Business Combinations |  | This standard requires acquirers within the scope of Subtopic 805-10 Business Combinations to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606. This will generally result in an acquirer recognizing and measuring acquired contract asset and liabilities consistent with how they were recognized and measured in an acquiree’s financial statements if they were prepared in accordance with GAAP. Previously, contract assets and contract liabilities acquired were recognized at their fair value on the acquisition date. |  | Effective for fiscal years beginning after December 15, 2022. |  | The Company will early adopt this ASU effective January 1, 2022. Adoption will not have any material effect on the consolidated financial statements and will be accounted for prospectively for business combinations in the scope of ASC 805.
ASU 2020–04, Reference Rate Reform and ASU 2021-01, Reference Rate Reform: Scope |  | These standards provide optional guidance for a limited period of time to ease the potential financial reporting burden in accounting for (or recognizing the effects of) the discontinuation of LIBOR resulting from reference rate reform. The amendments provide optional expedients and exceptions for applying GAAP to contracts and other transactions impacted by reference rate reform. If certain criteria are met, an entity will not be required to remeasure or reassess contracts impacted by reference rate reform. |  | Election is available through December 31, 2022. |  | The Company is currently evaluating the implications of these amendments to its current efforts for reference rate reform implementation and any impact the adoption of these ASUs would have on its financial condition and results of operations. While the Company has not yet determined if and when it will adopt these standards, the adoption of such standards is not expected to have a material effect on the Company’s consolidated financial statements.
Estimated Useful Lives | Depreciation and amortization for all other property, equipment and capitalized software is primarily computed using the straight-line method over the estimated useful lives shown below.
| Estimated Useful Lives
Furniture, fixtures and equipment | 3 to 5 years
Internal-use computer software | 1.5 to 5 years
Computer software | 3 years
Property, equipment and capitalized software, net consist of the following:
| December 31,
(In thousands) | 2021 |  | 2020
Furniture, fixtures and equipment | $ | 84,361 |  |  | $ | 87,111 |
Computer software, including internal-use software | 509,039 |  |  | 463,614 |
Leasehold improvements | 25,208 |  |  | 32,111 |
Construction in progress | 19,016 |  |  | 7,910 |
Total | 637,624 |  |  | 590,746 |
Less: accumulated depreciation | (458,093) |  |  | (402,406) |
Total property, equipment and capitalized software, net | $ | 179,531 |  |  | $ | 188,340 |
Schedule of Internal-Use Software | Below are the amounts of internal-use computer software capitalized within property, equipment and capitalized software and the related amortization expense incurred on all internal-use computer software during the years ended December 31:
(in thousands) | 2021 |  | 2020 |  | 2019
Gross amounts capitalized for internal-use computer software (including construction-in-process) | $ | 77,808 |  |  | $ | 58,881 |  |  | $ | 74,432 |
Amounts expensed for amortization of internal-use computer software | $ | 74,189 |  |  | $ | 72,363 |  |  | $ | 57,821 |
Schedule of Capitalized Contract Cost | As of December 31, 2021, the Company had the following costs capitalized with respect to cloud computing arrangements on the consolidated balance sheet:
| Year Ended December 31,
(in thousands) | 2021 |  | 2020
Gross cloud computing costs (inclusive of in-process amounts) | $ | 10,269 |  |  | $ | 6,360 |
Accumulated amortization | 2,529 |  |  | 387 |
Net cloud computing costs | $ | 7,740 |  |  | $ | 5,973 |
Included in prepaid expenses and other current assets | $ | 3,369 |  |  | $ | 4,570 |
Included in other assets | $ | 4,371 |  |  | $ | 1,403 |
Schedule of Net Earnings Attributable to Shareholders and Reconciliation of Basic and Diluted Shares | The following table summarizes net income (loss) attributable to shareholders and reconciles basic and diluted shares outstanding used in the earnings per share computations:
| Year ended December 31,
(In thousands) | 2021 |  | 2020 |  | 2019
Net income (loss) attributable to shareholders | $ | 137 |  |  | $ | (243,638) |  |  | $ | 99,006 |
Weighted average common shares outstanding – Basic | 44,718 |  |  | 43,842 |  |  | 43,316 |
Dilutive impact of share-based compensation awards 1 | 594 |  |  | — |  |  | 453 |
Weighted average common shares outstanding – Diluted | 45,312 |  |  | 43,842 |  |  | 43,769 |
1 Due to the Company’s net loss position for the year ended December 31, 2020, 0.5 million incremental shares that would otherwise have been dilutive, are excluded from the table above as the effect of including those shares would be anti-dilutive. For the years ended December 31, 2021, 2020 and 2019, an immaterial number of outstanding share-based compensation awards were excluded from the computation of diluted earnings per share under the treasury stock method, as the effect of including these awards would be anti-dilutive.

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