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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 142,412 $ 124,981
Receivables, net of allowances of $3,179 and $3,779, respectively 342,765 403,781
Settlement assets 413,343 540,667
Prepaid expenses 34,017 28,010
Other current assets 21,499 17,366
Total current assets 954,036 1,114,805
Noncurrent assets    
Accrued receivables, net 270,332 297,818
Property and equipment, net 48,327 52,499
Operating lease right-of-use assets 38,374 40,031
Software, net 119,801 129,109
Goodwill 1,226,026 1,226,026
Intangible assets, net 220,540 228,698
Deferred income taxes, net 63,345 53,738
Other noncurrent assets 66,020 67,171
TOTAL ASSETS 3,006,801 3,209,895
Current liabilities    
Accounts payable 47,170 47,997
Settlement liabilities 412,800 539,087
Employee compensation 29,834 45,289
Current portion of long-term debt 70,443 65,521
Deferred revenue 69,999 58,303
Other current liabilities 70,664 102,645
Total current liabilities 700,910 858,842
Noncurrent liabilities    
Deferred revenue 21,639 23,233
Long-term debt 1,010,938 1,024,351
Deferred income taxes, net 38,679 40,371
Operating lease liabilities 32,026 33,910
Other noncurrent liabilities 34,982 36,001
Total liabilities 1,839,174 2,016,708
Commitments and contingencies
Stockholders’ equity    
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at March 31, 2023, and December 31, 2022 0 0
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at March 31, 2023, and December 31, 2022 702 702
Additional paid-in capital 701,040 702,458
Retained earnings 1,241,150 1,273,458
Treasury stock, at cost, 32,202,744 and 32,456,227 shares at March 31, 2023, and December 31, 2022, respectively (661,223) (665,771)
Accumulated other comprehensive loss (114,042) (117,660)
Total stockholders’ equity 1,167,627 1,193,187
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,006,801 $ 3,209,895