XML 36 R3.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 31,691 $ 55,146
Total restricted cash 702,240 596,616
Accounts receivable, net of allowance of $7,318 and $11,155 at December 31, 2022 and December 31, 2021, respectively 102,809 102,726
Customer funds receivable 249 977
Prepaid expenses and other current assets 81,654 95,506
Total current assets 918,643 850,971
Property and equipment, net 107,426 111,428
Operating lease right-of-use assets 45,899 53,883
Software development costs, net 141,023 121,377
Goodwill 1,050,272 1,058,640
Intangible assets, net 635,136 698,052
Other assets 94,304 77,266
Total assets 2,992,703 2,971,617
Current liabilities:    
Trade accounts payable 42,559 22,067
Accrued expenses and other current liabilities 86,002 100,096
Due to customers 700,860 594,273
Debt, current portion 18,802 18,697
Deferred revenue, current portion 382,419 374,499
Total current liabilities 1,230,642 1,109,632
Debt, net of current portion 840,241 937,483
Deferred tax liability 125,759 148,465
Deferred revenue, net of current portion 2,817 4,247
Operating lease liabilities, net of current portion 44,918 53,386
Other liabilities 4,294 1,344
Total liabilities 2,248,671 2,254,557
Commitments and contingencies (see Note 11)  
Stockholders' equity:    
Preferred stock; 20,000,000 shares authorized, none outstanding $ 0 $ 0
Preferred stock, shares authorized 20,000,000 20,000,000
Preferred stock, shares outstanding 0 0
Common stock, $0.001 par value; 180,000,000 shares authorized, 67,814,044 and 66,165,666 shares issued at December 31, 2022 and December 31, 2021, respectively $ 68 $ 66
Common stock, par value $ 0.001 $ 0.001
Common stock, shares authorized 180,000,000 180,000,000
Common stock, shares issued 67,814,044 66,165,666
Additional paid-in capital $ 1,075,264 $ 968,927
Treasury stock, at cost; 14,745,230 and 14,182,805 shares at December 31, 2022 and December 31, 2021, respectively $ (537,287) $ (500,911)
Treasury stock, shares 14,745,230 14,182,805
Accumulated other comprehensive income $ 8,938 $ 6,522
Retained earnings 197,049 242,456
Total stockholders' equity 744,032 717,060
Total liabilities and stockholders' equity $ 2,992,703 $ 2,971,617