XML 15 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 272,312 $ 236,586
Accounts receivable, net of allowance for credit losses of $678 and $1,250, respectively 76,553 82,584
Restricted cash 0 3,102
Prepaid expenses and other current assets 20,912 19,980
Total current assets 369,777 342,252
Other assets:    
Property and equipment, net 2,126 2,400
Operating lease right-of-use assets 9,727 14,427
Goodwill 673,159 717,743
Intangible assets, net of accumulated amortization of $257,714 and $217,705, respectively 463,112 486,782
Deferred income taxes 3,703 3,703
Other long-term assets 5,217 5,615
Total assets 1,526,821 1,572,922
Current liabilities:    
Accounts payable 5,256 7,533
Accrued expenses 44,725 35,403
Current portion of deferred revenue 47,980 52,209
Current portion of long-term debt 3,020 3,020
Other current liabilities 4,446 4,993
Total current liabilities 105,427 103,158
Long-term liabilities:    
Deferred revenue, net of current portion 1,237 2,815
Deferred income taxes 46,400 65,046
Operating lease liabilities, net of current portion 7,234 10,133
Long-term debt, net of current portion and debt discount 288,661 289,988
Other long-term liabilities 26,111 22,121
Total liabilities 475,070 493,261
Commitments and contingencies
Stockholders' equity:    
Preferred shares, $0.01 par value, 50,000,000 shares authorized, no shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 0 0
Common shares, $0.01 par value, 600,000,000 shares authorized, 160,279,919 and 159,676,150 shares issued as of September 30, 2023 and December 31, 2022, respectively; 159,848,766 and 159,525,943 shares outstanding as of September 30, 2023 and December 31, 2022, respectively 1,602 1,596
Additional paid-in capital 1,170,960 1,150,168
Accumulated deficit (103,774) (60,873)
Accumulated other comprehensive loss (7,714) (8,230)
Treasury stock at cost, 431,153 and 150,207 shares at September 30, 2023 and December 31, 2022, respectively (9,323) (3,000)
Total stockholders’ equity 1,051,751 1,079,661
Total liabilities and stockholders’ equity $ 1,526,821 $ 1,572,922