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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 554,846 $ 367,342
Restricted cash 45,522 49,295
Marketable securities 34,529 34,728
Accounts receivable, net 392,746 465,779
Prepaid insurance 10,164 10,418
Other current assets 39,461 43,493
Nontrade Receivables 0 3,691
Total current assets 1,077,268 974,746
Property and equipment, net 216,256 147,706
Right-of-use “ROU” leased assets 60,663 56,886
Deposits and prepaid health insurance 203,231 193,013
Goodwill and other intangible assets, net 12,707 12,714
Deferred Income Tax Assets, Net 9,603 3,956
Other assets 4,548 5,975
Total assets 1,584,276 1,394,996
Liabilities and stockholders’ equity    
Accounts payable 6,203 4,565
Payroll taxes and other payroll deductions payable 377,960 277,248
Accrued worksite employee payroll cost 334,836 401,859
Accrued health insurance costs 32,685 21,180
Accrued workers’ compensation costs 48,186 52,868
Accrued corporate payroll and commissions 44,277 52,612
Other accrued liabilities 60,777 58,713
Total current liabilities 904,924 869,045
Accrued workers’ compensation costs 195,239 193,609
Long-term debt 369,400 269,400
Operating lease liabilities, net of current 64,289 58,863
Other accrued liabilities, net of current 6,292 0
Total noncurrent liabilities 635,220 521,872
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, par value $0.01 per share: Shares authorized - 20,000; Shares issued and outstanding - none 0 0
Common stock, par value $0.01 per share: Shares authorized - 120,000; Shares issued - 55,489 at December 31, 2019 and 2018 555 555
Additional paid-in capital 95,528 48,141
Treasury stock, at cost (17,236 and 16,117 shares held in treasury) (626,984) (544,102)
Accumulated other comprehensive income, net of tax 5 12
Retained earnings 575,028 499,473
Total stockholders’ equity 44,132 4,079
Total liabilities and stockholders’ equity $ 1,584,276 $ 1,394,996
Stockholders' Equity, Number of Shares, Par Value and Other Disclosures [Abstract]    
Preferred stock, par value (in dollars per share) $ 0.01  
Preferred stock, authorized (in shares) 20,000,000  
Preferred stock, issued (in shares) 0  
Preferred stock, outstanding (in shares) 0  
Common stock, par value (in dollars per share) $ 0.01  
Common stock, authorized (in shares) 120,000,000  
Common stock, issued (in shares) 55,489,000  
Treasury stock, shares (in shares) 17,236,000 16,117,000