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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 26,400 $ 61,885
Accounts receivable, net of allowance of $849 and $2,005 231,064 252,538
Prepaid expenses and other current assets 32,567 28,894
Income tax receivable 10,613 11,676
Total current assets 300,644 354,993
Property and equipment, net 92,100 104,906
Restricted cash, cash equivalents and investments 183,352 192,985
Deferred income taxes, net 1,381 35,465
Goodwill 24,914 84,114
Intangible assets, net 7,027 10,525
Operating lease right-of-use assets, net 50,241 49,819
Workers’ compensation claims receivable, net 50,367 53,841
Other assets, net 13,667 12,735
Total assets 723,693 899,383
Current liabilities:    
Accounts payable and other accrued expenses 36,107 56,401
Accrued wages and benefits 65,774 80,120
Income tax payable 0 439
Current portion of workers’ compensation claims reserve 38,728 44,866
Current operating lease liabilities 11,976 11,902
Other current liabilities 5,404 10,371
Total current liabilities 157,989 204,099
Workers’ compensation claims reserve, less current portion 139,251 151,649
Long-term deferred compensation liabilities 37,502 35,205
Long-term operating lease liabilities 49,848 49,434
Other long-term liabilities 1,339 1,123
Total liabilities 385,929 441,510
Commitments and contingencies (Note 9)
Shareholders’ equity:    
Preferred stock, $0.131 par value, 20,000,000 shares authorized; No shares issued and outstanding 0 0
Common stock, no par value, 100,000,000 shares authorized; 29,959,143 and 31,245,732 shares issued and outstanding 1 1
Accumulated other comprehensive loss (20,549) (20,712)
Retained earnings 358,312 478,584
Total shareholders’ equity 337,764 457,873
Total liabilities and shareholders’ equity $ 723,693 $ 899,383