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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 165,147 $ 192,825
Restricted cash and restricted investments 51,594 13,768
Accounts receivable, net [1] 427,739 446,749
Prepaid expenses and other current assets 24,766 30,331
Total current assets 669,246 683,673
Restricted cash and restricted investments 16,737 16,864
Investments and equity method investees 8,197 4,895
Property and equipment, net 76,044 78,194
Right-of-use assets - operating 10,790 11,983
Prepaid expenses and other noncurrent assets 2,304 4,028
Contract cost assets 12,471 12,120
Intangible assets, net 731,345 752,009
Goodwill 1,116,539 1,116,542
Total assets 2,643,673 2,680,308
Current liabilities:    
Accounts payable [1] 77,346 48,246
Accrued liabilities [1] 165,099 149,849
Operating lease liability - current 12,696 9,738
Accrued compensation and employee benefits 29,106 56,385
Deferred revenue 6,136 5,976
Reserve for claims and performance - based arrangements 368,639 404,048
Total current liabilities 659,022 674,242
Long-term debt, net 597,901 597,049
Other long-term liabilities 3,568 3,637
Tax receivables agreement liability 108,105 107,932
Operating lease liabilities - noncurrent 32,469 38,009
Deferred tax liabilities, net 13,378 13,311
Total liabilities 1,414,443 1,434,180
Commitments and Contingencies (See Note 10)
Mezzanine Equity    
Preferred class A common stock - $0.01 par value; 50,000,000 shares authorized; 175,000 issued, respectively 181,294 178,427
Shareholders' Equity    
Class A common stock - $0.01 par value; 750,000,000 shares authorized; 116,195,270 and 115,424,833 shares issued, respectively 1,162 1,154
Additional paid-in-capital 1,805,679 1,808,121
Accumulated other comprehensive loss (1,308) (1,257)
Retained earnings (accumulated deficit) (736,474) (719,194)
Treasury stock, at cost; 1,537,582 shares issued, respectively (21,123) (21,123)
Total shareholders' equity 1,047,936 1,067,701
Total liabilities, mezzanine equity and shareholders' equity $ 2,643,673 $ 2,680,308
Preferred class A common stock, shares issued (in shares) 175,000 175,000
[1] See Note 18 for amounts attributable to related parties included in these line items.