Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 71,632 $ 289,345
Fees receivable, net 64,402 68,004
Prepaid expenses and other current assets 30,976 23,557
Total current assets 167,010 380,906
Property and equipment, net 53,565 44,991
Internally developed software, net 53,325 38,209
Intangible assets, net 489,918 305,241
Goodwill 907,995 519,102
Operating lease right-of-use assets, net 78,515  
Other non-current assets 36,808 25,298
Total assets 1,787,136 1,313,747
Current liabilities:    
Accrued expenses and other liabilities 133,170 133,298
Accounts payable 13,231 19,567
Operating lease liabilities 12,961  
Convertible Notes due 2019 170,966 165,711
Contingent consideration 0 732
Deferred revenue 35,989 23,988
Total current liabilities 366,317 343,296
Convertible Notes due 2023 302,785 294,725
Revolving credit facility 100,000 0
Contingent consideration 16,830 0
Deferred revenue 5,562 6,910
Non-current operating lease liabilities 83,319  
Deferred rent and lease incentive   17,569
Deferred tax liabilities, net 22,657 640
Other non-current liabilities 28,748 18,005
Total liabilities 926,218 681,145
Commitments and contingencies
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; 65,883,873 and 61,238,898 shares issued as of September 30, 2019 and December 31, 2018, respectively; 52,453,821 and 48,121,800 shares outstanding as of September 30, 2019 and December 31, 2018, respectively 329 306
Additional paid-in capital 1,030,861 761,128
Accumulated deficit (79,254) (58,882)
Treasury stock at cost, 13,430,052 and 13,117,098 shares as of September 30, 2019 and December 31, 2018, respectively (87,555) (67,858)
Accumulated other comprehensive loss (2,118) (994)
Total stockholders’ equity 862,263 633,700
Non-controlling interest (1,345) (1,098)
Total equity 860,918 632,602
Total liabilities and equity $ 1,787,136 $ 1,313,747