Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 153,542 $ 60,115
Fees receivable, net 64,635 51,522
Prepaid expenses and other current assets 23,965 19,470
Total current assets 242,142 131,107
Property and equipment, net 44,713 35,909
Internally developed software, net 34,077 22,174
Intangible assets, net 318,267 222,731
Goodwill 519,923 432,955
Other non-current assets 23,893 17,176
Total assets 1,183,015 862,052
Current liabilities:    
Accrued expenses and other liabilities 124,364 105,897
Accounts payable 20,577 11,097
Contingent consideration 719 2,115
Deferred revenue 24,423 21,246
Total current liabilities 334,086 140,355
Revolving credit facility 0 81,168
Contingent consideration 0 666
Deferred revenue 7,283 12,047
Deferred rent and lease incentive 17,373 15,185
Deferred tax liabilities, net 1,943 969
Other non-current liabilities 17,437 15,102
Total liabilities 670,200 424,482
Commitments and contingencies
Redeemable units in ERS 900 900
Stockholders’ equity:    
Preferred stock, par value $0.005, 50,000,000 shares authorized 0 0
Common stock, par value $0.005, 500,000,000 shares authorized; 58,716,254 and 57,450,056 shares issued as of September 30, 2018 and December 31, 2017, respectively; 45,677,135 and 44,700,641 shares outstanding as of September 30, 2018 and December 31, 2017, respectively 293 287
Additional paid-in capital 637,639 556,257
Accumulated deficit (59,105) (73,854)
Treasury stock at cost, 13,039,119 and 12,749,415 shares as of September 30, 2018 and December 31, 2017, respectively (64,926) (47,042)
Accumulated other comprehensive income (loss) (1,847) 624
Total stockholders’ equity 512,054 436,272
Non-controlling interest (139) 398
Total equity 511,915 436,670
Total liabilities and equity 1,183,015 862,052
Convertible notes due 2023    
Current liabilities:    
Convertible Notes due 2023 292,078 0
Convertible Notes due 2019    
Current liabilities:    
Convertible Notes due 2019 164,003 0
Convertible Notes due 2023 $ 0 $ 158,990