Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 68,601 $ 82,505
Fees receivable, net 81,133 67,815
Prepaid expenses and other current assets 37,699 32,183
Total current assets 187,433 182,503
Property and equipment, net 53,190 53,756
Internally developed software, net 68,227 60,263
Intangible assets, net 489,840 505,589
Goodwill 906,501 879,850
Operating lease right-of-use assets, net 78,860 82,796
Other non-current assets 46,407 37,127
Total assets 1,830,458 1,801,884
Current liabilities:    
Accrued expenses and other liabilities 132,142 137,944
Accounts payable 14,294 17,277
Operating lease liabilities 13,736 13,816
Contingent consideration 2,569 0
Deferred revenue 40,177 34,753
Total current liabilities 202,918 203,790
Convertible Notes due 2023 308,262 305,513
Revolving credit facility 290,000 260,000
Contingent consideration 12,222 9,045
Deferred revenue 6,277 5,754
Non-current operating lease liabilities 84,935 88,365
Deferred tax liabilities, net 26,680 29,481
Other non-current liabilities 34,967 32,360
Total liabilities 966,261 934,308
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; 67,077,561 and 66,320,706 shares issued as of March 31, 2020 and December 31, 2019, respectively; 53,468,397 and 52,841,706 shares outstanding as of March 31, 2020 and December 31, 2019, respectively 335 331
Additional paid-in capital 1,054,312 1,037,141
Accumulated deficit (84,141) (75,664)
Treasury stock at cost, 13,609,164 and 13,479,000 shares as of March 31, 2020 and December 31, 2019, respectively (100,164) (90,965)
Accumulated other comprehensive loss (4,773) (1,749)
Total stockholders’ equity 865,569 869,094
Non-controlling interest (1,372) (1,518)
Total equity 864,197 867,576
Total liabilities and equity $ 1,830,458 $ 1,801,884