Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 82,505 $ 289,345
Fees receivable, net 67,815 68,004
Prepaid expenses and other current assets 32,183 23,557
Total current assets 182,503 380,906
Property and equipment, net 53,756 44,991
Internally developed software, net 60,263 38,209
Intangible assets, net 505,589 305,241
Goodwill 879,850 519,102
Operating lease right-of-use assets, net 82,796  
Other non-current assets 37,127 25,298
Total assets 1,801,884 1,313,747
Current liabilities:    
Accrued expenses and other liabilities 137,944 133,298
Accounts payable 17,277 19,567
Operating lease liabilities 13,816  
Convertible Notes due 2019 0 165,711
Contingent consideration 0 732
Deferred revenue 34,753 23,988
Total current liabilities 203,790 343,296
Convertible Notes 305,513 294,725
Revolving credit facility 260,000 0
Contingent consideration 9,045 0
Deferred revenue 5,754 6,910
Non-current operating lease liabilities 88,365  
Deferred rent and lease incentive   17,569
Deferred tax liabilities, net 29,481 640
Other non-current liabilities 32,360 18,005
Total liabilities 934,308 681,145
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; 66,320,706 and 61,238,898 shares issued as of December 31, 2019 and December 31, 2018, respectively; 52,841,706 and 48,121,800 shares outstanding as of December 31, 2019 and December 31, 2018, respectively 331 306
Additional paid-in capital 1,037,141 761,128
Accumulated deficit (75,664) (58,882)
Treasury stock at cost, 13,479,000 and 13,117,098 shares as of December 31, 2019 and December 31, 2018, respectively (90,965) (67,858)
Accumulated other comprehensive loss (1,749) (994)
Total stockholders’ equity 869,094 633,700
Non-controlling interest (1,518) (1,098)
Total equity 867,576 632,602
Total liabilities and equity $ 1,801,884 1,313,747
Convertible Notes Due 2019    
Current liabilities:    
Convertible Notes   $ 174,101