Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 384,565 $ 82,505
Fees receivable, net 80,064 67,815
Prepaid expenses and other current assets 40,570 32,183
Total current assets 505,199 182,503
Property and equipment, net 47,969 53,756
Internally developed software, net 96,501 60,263
Intangible assets, net 435,041 505,589
Goodwill 906,773 879,850
Operating lease right-of-use assets, net 105,249 82,796
Other non-current assets 47,558 37,127
Total assets 2,144,290 1,801,884
Current liabilities:    
Accrued expenses and other liabilities 158,548 137,944
Accounts payable 18,003 17,277
Operating lease liabilities 13,649 13,816
Contingent consideration 11,251 0
Deferred revenue 34,918 34,753
Total current liabilities 236,369 203,790
Convertible Notes 756,503 305,513
Revolving credit facility 0 260,000
Contingent consideration 1,308 9,045
Deferred revenue 1,813 5,754
Non-current operating lease liabilities 112,182 88,365
Deferred tax liabilities, net 34,740 29,481
Other non-current liabilities 25,557 32,360
Total liabilities 1,168,472 934,308
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, par value $0.005, 50,000,000 shares authorized; no shares issued and outstanding as of December 31, 2020 and December 31, 2019 0 0
Common stock, par value $0.005, 500,000,000 shares authorized; 67,832,706 and 66,320,706 shares issued as of December 31, 2020 and December 31, 2019, respectively; 54,093,535 and 52,841,706 shares outstanding as of December 31, 2020 and December 31, 2019, respectively 339 331
Additional paid-in capital 1,166,774 1,037,141
Accumulated deficit (79,912) (75,664)
Treasury Stock, Value (110,466) (90,965)
Accumulated other comprehensive loss (398) (1,749)
Total stockholders’ equity 976,337 869,094
Non-controlling interest (519) (1,518)
Total equity 975,818 867,576
Total liabilities and equity $ 2,144,290 $ 1,801,884