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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 324,926 $ 326,773
Restricted cash 43,268 42,227
Marketable securities 61,129 60,781
Accounts receivable, net 424,135 400,623
Prepaid insurance 24,469 8,411
Other current assets 29,794 27,721
Income taxes receivable 11,456 0
Total current assets 919,177 866,536
Property and equipment, net of accumulated depreciation 120,828 117,213
Right-of-use leased assets 54,189 0
Prepaid health insurance 9,000 9,000
Deposits – health insurance 6,600 6,200
Deposits – workers’ compensation 187,728 166,474
Goodwill and other intangible assets, net 12,720 12,726
Deferred income taxes, net 556 8,816
Other assets 6,197 4,851
Total assets 1,316,995 1,191,816
Current liabilities:    
Accounts payable 6,548 10,622
Accrued Payroll Taxes, Current 244,694 261,166
Accrued worksite employee payroll cost 373,532 329,979
Accrued health insurance costs 20,376 35,153
Accrued workers’ compensation costs 47,122 45,818
Accrued corporate payroll and commissions 37,820 60,704
Other accrued liabilities 39,756 28,890
Total current liabilities 769,848 772,332
Noncurrent liabilities:    
Accrued workers’ compensation costs 188,241 187,412
Long-term debt 169,400 144,400
Operating lease liabilities, net of current 54,617 0
Other accrued liabilities, net of current 0 9,996
Total noncurrent liabilities 412,258 341,808
Commitments and contingencies
Stockholders’ equity:    
Common stock 555 555
Additional paid-in capital 41,009 36,752
Treasury stock, at cost (383,830) (357,569)
Retained earnings 477,155 397,938
Total stockholders’ equity 134,889 77,676
Total liabilities and stockholders’ equity $ 1,316,995 $ 1,191,816