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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 404,728 $ 367,342
Restricted cash 48,349 49,295
Marketable securities 19,508 34,728
Accounts receivable, net 520,745 465,779
Prepaid insurance 45,525 10,418
Other current assets 40,425 43,493
Income taxes receivable 0 3,691
Total current assets 1,079,280 974,746
Property and equipment, net of accumulated depreciation 160,297 147,706
Right-of-use leased assets 58,461 56,886
Prepaid health insurance 9,000 9,000
Deposits – health insurance 8,100 8,100
Deposits – workers’ compensation 188,549 175,913
Goodwill and other intangible assets, net 12,711 12,714
Deferred Tax Assets, Net, Noncurrent 0 3,956
Other assets 6,010 5,975
Total assets 1,522,408 1,394,996
Current liabilities:    
Accounts payable 6,240 4,565
Payroll taxes and other payroll deductions payable 268,245 277,248
Accrued worksite employee payroll cost 436,764 401,859
Accrued health insurance costs 46,841 21,180
Accrued workers’ compensation costs 52,311 52,868
Accrued corporate payroll and commissions 21,610 52,612
Other accrued liabilities 51,729 58,713
Taxes Payable, Current 4,718 0
Total current liabilities 888,458 869,045
Noncurrent liabilities:    
Accrued workers’ compensation costs 197,633 193,609
Long-term debt 369,400 269,400
Operating lease liabilities, net of current 61,623 58,863
Deferred Tax Liabilities, Net, Noncurrent 8,604 0
Total noncurrent liabilities 637,260 521,872
Commitments and contingencies
Stockholders’ equity:    
Common stock 555 555
Additional paid-in capital 46,327 48,141
Treasury stock, at cost (595,487) (544,102)
Retained earnings 545,295 499,485
Total stockholders’ equity (3,310) 4,079
Total liabilities and stockholders’ equity $ 1,522,408 $ 1,394,996