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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 270,395 $ 296,051
Funds held for customers 33,287 30,015
Accounts receivable, net of allowance of $17,566 and $16,838, respectively 152,338 164,432
Prepaid expenses and other current assets 48,942 36,678
Investment securities available-for-sale, at fair value (amortized cost of $0 and $9,147, respectively)   9,157
Total current assets 504,962 536,333
Property and equipment, net of accumulated depreciation 185,557 177,559
Capitalized software, net of accumulated amortization 36,219 36,350
Goodwill and other intangible assets 374,312 363,021
Deferred commissions 27,535 27,480
Deferred income tax asset 19 19
Operating lease right-of-use assets 11,189 11,956
Other assets 14,351 14,073
Total assets 1,154,144 1,166,791
Current liabilities:    
Accounts payable 24,979 36,215
Accrued expenses 38,114 35,169
Customer funds obligations 30,632 27,406
Accrued salaries and benefits 21,768 14,581
Accrued variable compensation 14,144 45,507
Deferred revenue, current 349,757 339,326
Current portion of operating lease liabilities 4,043 3,995
Current portion of finance lease liabilities 77 77
Purchase commitment and contingent consideration liabilities, current 29,600 35,100
Total current liabilities 513,114 537,376
Deferred revenue, net of current portion 5,140 4,840
Debt, net of current portion 335,784 335,220
Operating lease liabilities, net of current portion 11,461 12,585
Finance lease liabilities, net of current portion   10
Purchase commitment and contingent consideration liabilities, net of current portion 78,200 87,400
Deferred income tax liabilities 9,369 9,918
Deferred other liabilities 586 90
Total liabilities 953,654 987,439
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred shares, $0.001 par value, 30,000 shares authorized; no shares issued and outstanding
Additional paid in capital 273,300 278,389
Accumulated deficit (42,185) (53,315)
Accumulated other comprehensive loss (30,783) (45,879)
Total stockholders' equity 200,490 179,352
Total liabilities and stockholders' equity 1,154,144 1,166,791
Class A common stock    
Stockholders' equity:    
Common stock 72 71
Class B common stock    
Stockholders' equity:    
Common stock $ 86 $ 86