Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 43,965 $ 60,115
Fees receivable, net 66,614 51,522
Prepaid expenses and other current assets 24,961 19,470
Total current assets 135,540 131,107
Property and equipment, net 40,038 35,909
Internally developed software, net 25,080 22,174
Intangible assets, net 327,162 222,731
Goodwill 530,027 432,955
Other non-current assets 24,282 17,176
Total assets 1,082,129 862,052
Current liabilities:    
Accrued expenses and other liabilities 110,598 105,897
Accounts payable 18,067 11,097
Contingent consideration 2,173 2,115
Deferred revenue 27,493 21,246
Total current liabilities 158,331 140,355
Convertible Notes 160,638 158,990
Revolving credit facility 261,168 81,168
Contingent consideration 690 666
Deferred revenue 9,883 12,047
Deferred rent and lease incentive 16,650 15,185
Deferred tax liabilities, net 1,291 969
Other non-current liabilities 16,538 15,102
Total liabilities 625,189 424,482
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; 58,116,581 and 57,450,056 shares issued as of March 31, 2018 and December 31, 2017, respectively; 45,200,949 and 44,700,641 shares outstanding as of March 31, 2018 and December 31, 2017, respectively 290 287
Additional paid-in capital 567,155 556,257
Accumulated deficit (56,533) (73,854)
Treasury stock at cost, 12,915,632 and 12,749,415 shares as of March 31, 2018 and December 31, 2017, respectively (56,338) (47,042)
Accumulated other comprehensive income 297 624
Total stockholders’ equity 454,871 436,272
Non-controlling interest 1,169 398
Total equity 456,040 436,670
Total liabilities and equity $ 1,082,129 $ 862,052