XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 171,994 $ 168,688
Restricted cash 797 795
Accounts receivable (net of allowance for doubtful accounts of $5,074 and $3,832 at March 31, 2025 and December 31, 2024, respectively) 266,052 266,800
Prepaid expenses and other current assets 29,032 31,041
Income tax receivable 3,928 8,669
Total current assets 471,803 475,993
Property and equipment, net 291,764 307,539
Goodwill 2,128,018 2,124,528
Intangible assets, net 955,357 987,948
Deferred tax asset, net 5,169 5,682
Other assets 19,580 21,203
TOTAL ASSETS 3,871,691 3,922,893
CURRENT LIABILITIES    
Accounts payable 116,037 120,872
Accrued compensation 45,047 52,805
Accrued liabilities 45,055 44,700
Current portion of long-term debt 21,850 21,850
Current portion of operating lease liability 3,861 4,245
Income tax payable 4,374 1,942
Deferred revenues 4,774 4,274
Total current liabilities 240,998 250,688
Long-term debt (net of deferred financing costs of $40,253 and $41,861 at March 31, 2025 and December 31, 2024, respectively) 2,117,434 2,121,289
Deferred tax liability, net 214,649 222,738
Operating lease liability, less current portion 7,918 9,149
Other liabilities 11,937 11,990
Total liabilities 2,592,936 2,615,854
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY    
Common stock - $0.001 par value; 1,000,000,000 shares authorized, 173,641,193 and 173,171,145 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 174 173
Additional paid-in-capital 1,511,463 1,504,007
Accumulated deficit (201,002) (159,808)
Accumulated other comprehensive loss (31,880) (37,333)
Total equity 1,278,755 1,307,039
TOTAL LIABILITIES AND EQUITY $ 3,871,691 $ 3,922,893