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SUPPLEMENTAL CONDENSED CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS INFORMATION
 9 Months Ended
Sep. 30, 2022
Supplemental Consolidated Balance Sheet & Statement of Operations Information [Abstract]  
SUPPLEMENTAL CONDENSED CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS INFORMATION SUPPLEMENTAL CONDENSED CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS INFORMATION
The following table summarizes Other income (expense), net for the three and nine months ended September 30, 2022 and 2021 (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2022202120222021
Interest income$2,626 $1,336 $5,399 $3,818 
Interest expense(3,760)(3,534)(9,849)(14,123)
Changes in fair value of investments (1)
— 91,288 — 95,533 
Loss on extinguishment of debt— — — (5,090)
Foreign currency gains (losses), net and other (2)
(22,407)(6,557)(45,311)17,591 
Other income (expense), net$(23,541)$82,533 $(49,761)$97,729 
(1)Includes an $89.1 million unrealized gain due to an upward adjustment for an observable price change of SumUp for the three and nine months ended September 30, 2021.
(2)Includes a $32.3 million cumulative foreign currency translation adjustment gain for the nine months ended September 30, 2021 that was reclassified into earnings as a result of the substantial liquidation of our subsidiary in Japan as part of our restructuring actions.
The following table summarizes Prepaid expenses and other current assets as of September 30, 2022 and December 31, 2021 (in thousands):
September 30, 2022December 31, 2021
Prepaid expenses$19,535 $28,550 
Income taxes receivable17,448 7,711 
Deferred cloud implementation cost7,420 6,476 
Other8,260 9,833 
Total prepaid expenses and other current assets$52,663 $52,570 
The following table summarizes Other non-current assets as of September 30, 2022 and December 31, 2021 (in thousands):
September 30, 2022December 31, 2021
Deferred contract acquisition costs$5,377 $7,080 
Deferred cloud implementation costs18,596 11,986 
Other5,446 6,036 
Total other non-current assets$29,419 $25,102 
The following table summarizes Accrued expenses and other current liabilities as of September 30, 2022 and December 31, 2021 (in thousands):
September 30, 2022December 31, 2021
Refund reserve$10,701 $19,601 
Compensation and benefits16,949 30,367 
Accrued marketing12,529 37,900 
Restructuring-related liabilities8,324 11,349 
Customer credits45,669 56,558 
Deferred revenue814 3,523 
Operating lease obligations38,788 32,062 
Other (1)
64,534 47,953 
Total accrued expenses and other current liabilities$198,308 $239,313 
(1)Includes certain payroll taxes deferred under the Coronavirus Aid, Relief and Economic Security ("CARES") Act of $2.7 million as of September 30, 2022 and December 31, 2021. This amount is due by December 31, 2022.
The following table summarizes Other non-current liabilities as of September 30, 2022 and December 31, 2021 (in thousands):
September 30, 2022December 31, 2021
Contingent income tax liabilities$23,594 $24,213 
Deferred income taxes2,346 2,802 
Other4,611 7,433 
Total other non-current liabilities$30,551 $34,448