Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 338,115 $ 429,279
Fees receivable, net 82,878 95,291
Prepaid expenses and other current assets 46,627 42,706
Total current assets 467,620 567,276
Property and equipment, net 61,392 50,215
Internally developed software, net 159,751 133,659
Intangible assets, net 386,231 400,396
Goodwill 936,054 925,154
Operating lease right-of-use assets, net 83,494 90,714
Other non-current assets 92,858 73,768
Total assets 2,187,400 2,241,182
Current liabilities:    
Accrued expenses and other liabilities 198,230 225,159
Accounts payable 20,444 19,092
Operating lease liabilities 10,852 10,999
Deferred revenue 37,453 33,473
Current portion of long-term debt 343,057 0
Total current liabilities 610,036 288,723
Long-term debt, net of current portion 508,282 848,862
Non-current operating lease liabilities 110,623 105,920
Deferred tax liabilities, net 12,912 21,021
Other non-current liabilities 11,555 17,114
Total liabilities 1,253,408 1,281,640
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, par value $0.005, 50,000,000 shares authorized; no shares issued and outstanding as of June 30, 2022 and December 31, 2021 0 0
Common stock, par value $0.005, 500,000,000 shares authorized; 69,666,983 and 68,879,152 shares issued as of June 30, 2022 and December 31, 2021, respectively; 55,179,401 and 54,793,088 shares outstanding as of June 30, 2022 and December 31, 2021, respectively 348 344
Additional paid-in capital 1,176,763 1,131,628
Accumulated deficit (75,132) (37,988)
Treasury stock at cost, 14,487,582 and 14,086,064 shares as of June 30, 2022 and December 31, 2021, respectively (162,344) (134,996)
Accumulated other comprehensive loss (6,470) (1,899)
Total stockholders’ equity 933,165 957,089
Non-controlling interest 827 2,453
Total equity 933,992 959,542
Total liabilities and equity $ 2,187,400 $ 2,241,182