Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 162,173 $ 429,279
Fees receivable, net 101,696 95,291
Prepaid expenses and other current assets 41,363 42,706
Total current assets 305,232 567,276
Property and equipment, net 62,443 50,215
Internally developed software, net 184,558 133,659
Intangible assets, net 379,995 400,396
Goodwill 998,414 925,154
Operating lease right-of-use assets, net 81,596 90,714
Other non-current assets 99,927 73,768
Total assets 2,112,165 2,241,182
Current liabilities:    
Accrued expenses and other liabilities 216,532 225,159
Accounts payable 17,334 19,092
Operating lease liabilities 11,949 10,999
Deferred revenue 36,363 33,473
Current portion of long-term debt 44,886 0
Total current liabilities 327,064 288,723
Long-term debt 871,769 848,862
Non-current operating lease liabilities 110,652 105,920
Deferred tax liabilities, net 16,196 21,021
Other non-current liabilities 18,880 17,114
Total liabilities 1,344,561 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 December 31, 2022 and December 31, 2021 0 0
Common stock, par value $0.005, 500,000,000 shares authorized; 70,025,733 and 68,879,152 shares issued as of December 31, 2022 and December 31, 2021, respectively; 54,013,826 and 54,793,088 shares outstanding as of December 31, 2022 and December 31, 2021, respectively 350 344
Additional paid-in capital 1,135,284 1,131,628
Accumulated deficit (118,927) (37,988)
Treasury stock at cost, 16,011,907 and 14,086,064 shares as of December 31, 2022 and December 31, 2021, respectively (253,551) (134,996)
Accumulated other comprehensive loss (8,589) (1,899)
Total stockholders’ equity 754,567 957,089
Non-controlling interest 13,037 2,453
Total equity 767,604 959,542
Total liabilities and equity $ 2,112,165 $ 2,241,182