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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Unrestricted cash and cash equivalents $ 1,117,937 $ 919,243
Restricted cash 757 90,852
Investment securities available-for-sale, at fair value 15,000 11,889
Settlement assets 208,151 209,399
Accounts receivable, net 24,840 35,277
Prepaid expenses and other assets 42,057 47,086
Income tax receivable 0 7,459
Total current assets 1,408,742 1,321,205
Investment securities available-for-sale, at fair value 176,030 141,620
Loans to bank customers, net of allowance for loan losses of $1,173 and $291 as of June 30, 2018 and December 31, 2017, respectively 21,628 18,570
Prepaid expenses and other assets 7,930 8,179
Property and equipment, net 104,716 97,282
Deferred expenses 9,348 21,791
Net deferred tax assets 6,620 6,507
Goodwill and intangible assets 565,965 582,377
Total assets 2,300,979 2,197,531
Current liabilities:    
Accounts payable 39,693 34,863
Deposits 1,068,067 1,022,180
Obligations to customers 75,269 95,354
Settlement obligations 13,078 6,956
Amounts due to card issuing banks for overdrawn accounts 1,819 1,371
Other accrued liabilities 108,600 123,397
Deferred revenue 19,642 30,875
Note payable 20,906 20,906
Income tax payable 49 74
Total current liabilities 1,347,123 1,335,976
Other accrued liabilities 21,100 30,520
Note payable 48,252 58,705
Net deferred tax liabilities 7,791 7,780
Total liabilities 1,424,266 1,432,981
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Class A common stock, $0.001 par value; 100,000 shares authorized as of June 30, 2018 and December 31, 2017; 52,390 and 51,136 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 52 51
Additional paid-in capital 367,454 354,789
Retained earnings 510,298 410,440
Accumulated other comprehensive loss (1,091) (730)
Total stockholders’ equity 876,713 764,550
Total liabilities and stockholders’ equity $ 2,300,979 $ 2,197,531