v2.4.0.6
Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 3,189 $ 1,613
Restricted cash 18,023 19,838
Accounts receivable, net 179,834 137,073
Income taxes refundable 0 3,898
Deferred income taxes - current 8,910 8,056
Other current assets 11,596 11,438
Assets of discontinued operations 525 559
Current assets before funds held for clients 222,077 182,475
Funds held for clients 105,685 109,854
Total current assets 327,762 292,329
Property and equipment, net 20,446 21,802
Goodwill and other intangible assets, net 465,916 458,340
Assets of deferred compensation plan 37,735 33,585
Other assets 5,877 6,301
Total assets 857,736 812,357
Current liabilities:    
Accounts payable 35,810 34,960
Income taxes payable - current 10,233 0
Accrued personnel costs 26,368 33,658
Notes payable - current 1,222 13,986
Other current liabilities 32,612 33,579
Liabilities of discontinued operations 187 199
Current liabilities before client fund obligations 106,432 116,382
Client fund obligations 105,425 109,800
Total current liabilities 211,857 226,182
Convertible notes, net 120,414 119,778
Bank debt 178,400 145,000
Income taxes payable - non-current 4,584 4,441
Deferred income taxes - non-current 1,167 1,893
Deferred compensation plan obligations 37,735 33,585
Other non-current liabilities 23,107 21,320
Total liabilities 577,264 552,199
STOCKHOLDERS' EQUITY    
Common stock 1,112 1,111
Additional paid-in capital 553,254 551,205
Retained earnings 92,770 73,985
Treasury stock (365,965) (365,364)
Accumulated other comprehensive loss (699) (779)
Total stockholders' equity 280,472 260,158
Total liabilities and stockholders' equity $ 857,736 $ 812,357