CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 95,357	$ 75,753
Receivables, net of allowances of $3,468 and $3,873, respectively	195,154	268,162
Recoverable income taxes	7,192	4,614
Prepaid expenses	27,190	25,884
Other current assets	20,584	33,578
Total current assets	345,477	407,991
Noncurrent assets
Property and equipment, net	77,794	78,950
Software, net	171,476	185,496
Goodwill	915,184	909,691
Intangible assets, net	198,192	203,634
Deferred income taxes, net	111,843	77,479
Other noncurrent assets	38,337	39,054
TOTAL ASSETS	1,858,303	1,902,295
Current liabilities
Accounts payable	36,050	42,873
Employee compensation	44,220	47,804
Current portion of long-term debt	17,774	90,323
Deferred revenue	106,147	105,191
Income taxes payable	5,135	11,334
Other current liabilities	103,867	78,841
Total current liabilities	313,193	376,366
Noncurrent liabilities
Deferred revenue	52,184	49,863
Long-term debt	674,803	653,595
Deferred income taxes, net	24,492	26,349
Other noncurrent liabilities	35,731	41,205
Total liabilities	1,100,403	1,147,378
Commitments and contingencies (Note 12)
Stockholders' equity
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at June 30, 2017 and December 31, 2016
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at June 30, 2017 and December 31, 2016	702	702
Additional paid-in capital	611,791	600,344
Retained earnings	514,314	545,731
Treasury stock, at cost, 22,359,090 and 23,188,258 shares at June 30, 2017 and December 31, 2016, respectively	(289,927)	(297,760)
Accumulated other comprehensive loss	(78,980)	(94,100)
Total stockholders' equity	757,900	754,917
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,858,303	$ 1,902,295

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.