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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 230,057 $ 216,394
Receivables, net of allowances of $1,725 and $1,758, respectively 386,083 414,399
Settlement assets 543,245 318,871
Prepaid expenses 35,885 29,218
Other current assets 13,430 11,940
Total current assets 1,208,700 990,822
Noncurrent assets    
Accrued receivables, net 353,767 360,079
Property and equipment, net 33,712 35,069
Operating lease right-of-use assets 26,460 28,864
Software, net 83,738 92,893
Goodwill 1,226,026 1,226,026
Intangible assets, net 160,716 165,377
Deferred income taxes, net 76,681 72,713
Other noncurrent assets 33,462 53,450
TOTAL ASSETS 3,203,262 3,025,293
Current liabilities    
Accounts payable 52,521 45,422
Settlement liabilities 542,092 317,484
Employee compensation 30,780 55,567
Current portion of long-term debt 34,945 34,928
Deferred revenue 72,449 75,419
Other current liabilities 71,727 73,808
Total current liabilities 804,514 602,628
Noncurrent liabilities    
Deferred revenue 18,437 19,304
Long-term debt 810,906 889,649
Deferred income taxes, net 40,942 39,920
Operating lease liabilities 20,934 22,592
Other noncurrent liabilities 24,929 26,873
Total liabilities 1,720,662 1,600,966
Commitments and contingencies
Stockholders’ equity    
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at March 31, 2025, and December 31, 2024 0 0
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at March 31, 2025, and December 31, 2024 702 702
Additional paid-in capital 735,751 731,927
Retained earnings 1,656,955 1,598,085
Treasury stock, at cost, 35,251,782 and 35,270,142 shares at March 31, 2025, and December 31, 2024, respectively (797,214) (784,914)
Accumulated other comprehensive loss (113,594) (121,473)
Total stockholders’ equity 1,482,600 1,424,327
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,203,262 $ 3,025,293