Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 134,032 $ 60,115
Fees receivable, net 64,164 51,522
Prepaid expenses and other current assets 22,721 19,470
Total current assets 220,917 131,107
Property and equipment, net 40,397 35,909
Internally developed software, net 29,257 22,174
Intangible assets, net 313,743 222,731
Goodwill 526,955 432,955
Other non-current assets 23,907 17,176
Total assets 1,155,176 862,052
Current liabilities:    
Accrued expenses and other liabilities 109,537 105,897
Accounts payable 21,133 11,097
Contingent consideration 707 2,115
Deferred revenue 25,739 21,246
Total current liabilities 157,116 140,355
Revolving credit facility   81,168
Contingent consideration   666
Deferred revenue 7,929 12,047
Deferred rent and lease incentive 17,334 15,185
Deferred tax liabilities, net 2,154 969
Other non-current liabilities 16,744 15,102
Total liabilities 653,138 424,482
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; 58,382,026 and 57,450,056 shares issued as of June 30, 2018 and December 31, 2017, respectively; 45,375,594 and 44,700,641 shares outstanding as of June 30, 2018 and December 31, 2017, respectively 291 287
Additional paid-in capital 624,378 556,257
Accumulated deficit (62,059) (73,854)
Treasury stock at cost, 13,006,432 and 12,749,415 shares as of June 30, 2018 and December 31, 2017, respectively (61,437) (47,042)
Accumulated other comprehensive income (loss) (739) 624
Total stockholders’ equity 500,434 436,272
Non-controlling interest 704 398
Total equity 501,138 436,670
Total liabilities and equity 1,155,176 862,052
Convertible Notes due 2019    
Current liabilities:    
Convertible Notes 162,299 $ 158,990
Convertible Notes due 2023    
Current liabilities:    
Convertible Notes $ 289,562