Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 289,345 $ 60,115
Fees receivable, net 68,004 51,522
Prepaid expenses and other current assets 23,557 19,470
Total current assets 380,906 131,107
Property and equipment, net 44,991 35,909
Internally developed software, net 38,209 22,174
Intangible assets, net 305,241 222,731
Goodwill 519,102 432,955
Other non-current assets 25,298 17,176
Total assets 1,313,747 862,052
Current liabilities:    
Accrued expenses and other liabilities 133,298 105,897
Accounts payable 19,567 11,097
Convertible Notes due 2019 165,711  
Contingent consideration 732 2,115
Deferred revenue 23,988 21,246
Total current liabilities 343,296 140,355
Revolving credit facility 0 81,168
Contingent consideration 0 666
Deferred revenue 6,910 12,047
Deferred rent and lease incentive 17,569 15,185
Deferred tax liabilities, net 640 969
Other non-current liabilities 18,005 15,102
Total liabilities 681,145 424,482
Commitments and contingencies
Redeemable units in ERS 0 900
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; 61,238,898 and 57,450,056 shares issued as of December 31, 2018 and December 31, 2017, respectively; 48,121,800 and 44,700,641 shares outstanding as of December 31, 2018 and December 31, 2017, respectively 306 287
Additional paid-in capital 761,128 556,257
Accumulated deficit (58,882) (73,854)
Treasury stock at cost, 13,117,098 and 12,749,415 shares as of December 31, 2018 and December 31, 2017, respectively (67,858) (47,042)
Accumulated other comprehensive income (loss) (994) 624
Total stockholders’ equity 633,700 436,272
Non-controlling interest (1,098) 398
Total equity 632,602 436,670
Total liabilities and equity 1,313,747 862,052
Convertible Notes Due 2023    
Current liabilities:    
Convertible Notes 294,725 0
Convertible Notes Due 2019    
Current liabilities:    
Convertible Notes due 2019   0
Convertible Notes $ 0 $ 158,990