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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 216,394 $ 164,239
Receivables, net of allowances of $1,758 and $4,295, respectively 414,399 452,337
Settlement assets 318,871 723,039
Prepaid expenses 29,218 31,479
Other current assets 11,940 35,551
Total current assets 990,822 1,406,645
Noncurrent assets    
Accrued receivables, net 360,079 313,983
Property and equipment, net 35,069 37,856
Operating lease right-of-use assets 28,864 34,338
Software, net 92,893 108,418
Goodwill 1,226,026 1,226,026
Intangible assets, net 165,377 195,646
Deferred income taxes, net 72,713 58,499
Other noncurrent assets 53,450 63,328
TOTAL ASSETS 3,025,293 3,444,739
Current liabilities    
Accounts payable 45,422 45,964
Settlement liabilities 317,484 721,164
Employee compensation 55,567 53,892
Current portion of long-term debt 34,928 74,405
Deferred revenue 75,419 59,580
Other current liabilities 73,808 82,244
Total current liabilities 602,628 1,037,249
Noncurrent liabilities    
Deferred revenue 19,304 24,780
Long-term debt 889,649 963,599
Deferred income taxes, net 39,920 40,735
Operating lease liabilities 22,592 29,074
Other noncurrent liabilities 26,873 25,005
Total liabilities 1,600,966 2,120,442
Commitments and contingencies (Note 13)
Stockholders’ equity    
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at December 31, 2024 and 2023 0 0
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at December 31, 2024 and 2023 702 702
Additional paid-in capital 731,927 712,994
Retained earnings 1,598,085 1,394,967
Treasury stock, at cost, 35,270,142 and 32,447,317 shares at December 31, 2024 and 2023, respectively (784,914) (674,896)
Accumulated other comprehensive loss (121,473) (109,470)
Total stockholders’ equity 1,424,327 1,324,297
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,025,293 $ 3,444,739