Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 39,479 $ 52,592
Fees and other receivables, net 44,731 44,268
Prepaid expenses and other current assets 20,156 16,224
Total current assets 104,366 113,084
Property and equipment, net 33,540 33,000
Internally developed software, net 15,792 14,860
Intangible assets, net 254,973 265,558
Goodwill 432,339 431,936
Other non-current assets 13,135 13,963
Total assets 854,145 872,401
Current liabilities:    
Accrued expenses and other liabilities 79,272 87,763
Accounts payable 12,618 11,480
Current portion of debt 60,221 37,926
Contingent consideration   2,286
Deferred revenue 19,591 16,499
Total current liabilities 171,702 155,954
Convertible Notes 154,146 152,575
Term Notes 70,448 100,409
Contingent consideration 2,700 2,582
Deferred revenue 15,170 15,643
Deferred rent and lease incentive 12,327 12,060
Deferred tax liabilities, net 8,239 5,555
Other non-current liabilities 14,614 13,436
Total liabilities 449,346 458,214
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; 56,364,799 and 55,642,686 shares issued as of March 31, 2017 and December 31, 2016, respectively; 43,785,653 and 43,240,567 shares outstanding as of March 31, 2017 and December 31, 2016, respectively 282 278
Additional paid-in capital 526,335 516,675
Accumulated deficit (83,709) (70,574)
Treasury stock at cost, 12,579,146 and 12,402,119 shares as of March 31, 2017 and December 31, 2016, respectively (39,718) (33,068)
Accumulated other comprehensive income (loss) 311 (422)
Total stockholders’ equity 403,501 412,889
Non-controlling interest 398 398
Total equity 403,899 413,287
Total liabilities and equity $ 854,145 $ 872,401