Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 60,115 $ 52,592
Fees and other receivables, net 51,522 44,268
Prepaid expenses and other current assets 19,470 16,224
Total current assets 131,107 113,084
Property and equipment, net 35,909 33,000
Internally developed software, net 22,174 14,860
Intangible assets, net 222,731 265,558
Goodwill 432,955 431,936
Other non-current assets 17,176 13,963
Total assets 862,052 872,401
Current liabilities:    
Accrued expenses and other liabilities 105,897 87,763
Accounts payable 11,097 11,480
Current portion of debt   37,926
Contingent consideration 2,115 2,286
Deferred revenue 21,246 16,499
Total current liabilities 140,355 155,954
Convertible Notes 158,990 152,575
Revolving credit facility 81,168  
Term Notes   100,409
Contingent consideration 666 2,582
Deferred revenue 12,047 15,643
Deferred rent and lease incentive 15,185 12,060
Deferred tax liabilities, net 969 5,555
Other non-current liabilities 15,102 13,436
Total liabilities 424,482 458,214
Commitments and contingencies
Redeemable units in ERS 900 900
Stockholders’ equity:    
Preferred stock, par value $0.005, 50,000,000 shares authorized
Common stock, par value $0.005, 500,000,000 shares authorized; 57,450,056 and 55,642,686 shares issued as of December 31, 2017 and December 31, 2016, respectively; 44,700,641 and 43,240,567 shares outstanding as of December 31, 2017 and December 31, 2016, respectively 287 278
Additional paid-in capital 556,257 516,675
Accumulated deficit (73,854) (70,574)
Treasury stock at cost, 12,749,415 and 12,402,119 shares as of December 31, 2017 and December 31, 2016, respectively (47,042) (33,068)
Accumulated other comprehensive income (loss) 624 (422)
Total stockholders’ equity 436,272 412,889
Non-controlling interest 398 398
Total equity 436,670 413,287
Total liabilities and equity $ 862,052 $ 872,401