Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 362,918 $ 82,505
Fees receivable, net 76,328 67,815
Prepaid expenses and other current assets 41,966 32,183
Total current assets 481,212 182,503
Property and equipment, net 48,983 53,756
Internally developed software, net 87,478 60,263
Intangible assets, net 452,583 505,589
Goodwill 906,697 879,850
Operating lease right-of-use assets, net 76,090 82,796
Other non-current assets 48,218 37,127
Total assets 2,101,261 1,801,884
Current liabilities:    
Accrued expenses and other liabilities 141,290 137,944
Accounts payable 29,609 17,277
Operating lease liabilities 13,835 13,816
Contingent consideration 1,549 0
Deferred revenue 40,037 34,753
Total current liabilities 226,320 203,790
Convertible Notes 749,918 305,513
Revolving credit facility 0 260,000
Contingent consideration 11,741 9,045
Deferred revenue 2,307 5,754
Non-current operating lease liabilities 83,820 88,365
Deferred tax liabilities, net 36,088 29,481
Other non-current liabilities 37,700 32,360
Total liabilities 1,147,894 934,308
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; 67,584,956 and 66,320,706 shares issued as of September 30, 2020 and December 31, 2019, respectively; 53,884,899 and 52,841,706 shares outstanding as of September 30, 2020 and December 31, 2019, respectively 337 331
Additional paid-in capital 1,150,198 1,037,141
Accumulated deficit (87,155) (75,664)
Treasury stock at cost, 13,700,057 and 13,479,000 shares as of September 30, 2020 and December 31, 2019, respectively (107,248) (90,965)
Accumulated other comprehensive loss (1,459) (1,749)
Total stockholders’ equity 954,673 869,094
Non-controlling interest (1,306) (1,518)
Total equity 953,367 867,576
Total liabilities and equity $ 2,101,261 $ 1,801,884