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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 177,860 $ 164,239
Receivables, net of allowances of $1,936 and $4,295, respectively 424,518 452,337
Settlement assets 428,479 723,039
Prepaid expenses 31,878 31,479
Other current assets 22,865 35,551
Total current assets 1,085,600 1,406,645
Noncurrent assets    
Accrued receivables, net 338,977 313,983
Property and equipment, net 31,441 37,856
Operating lease right-of-use assets 29,181 34,338
Software, net 90,313 108,418
Goodwill 1,226,026 1,226,026
Intangible assets, net 172,310 195,646
Deferred income taxes, net 64,674 58,499
Other noncurrent assets 54,463 63,328
TOTAL ASSETS 3,092,985 3,444,739
Current liabilities    
Accounts payable 47,912 45,964
Settlement liabilities 428,080 721,164
Employee compensation 42,806 53,892
Current portion of long-term debt 34,910 74,405
Deferred revenue 68,550 59,580
Other current liabilities 75,036 82,244
Total current liabilities 697,294 1,037,249
Noncurrent liabilities    
Deferred revenue 19,315 24,780
Long-term debt 959,387 963,599
Deferred income taxes, net 38,439 40,735
Operating lease liabilities 23,601 29,074
Other noncurrent liabilities 25,319 25,005
Total liabilities 1,763,355 2,120,442
Commitments and contingencies
Stockholders’ equity    
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at September 30, 2024, and December 31, 2023 0 0
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at September 30, 2024, and December 31, 2023 702 702
Additional paid-in capital 725,724 712,994
Retained earnings 1,499,530 1,394,967
Treasury stock, at cost, 35,654,240 and 32,447,317 shares at September 30, 2024, and December 31, 2023, respectively (791,353) (674,896)
Accumulated other comprehensive loss (104,973) (109,470)
Total stockholders’ equity 1,329,630 1,324,297
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,092,985 $ 3,444,739