Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 245,735 $ 289,345
Fees receivable, net 66,365 68,004
Prepaid expenses and other current assets 36,916 23,557
Total current assets 349,016 380,906
Property and equipment, net 46,794 44,991
Internally developed software, net 42,771 38,209
Intangible assets, net 296,813 305,241
Goodwill 540,524 519,102
Operating lease right-of-use assets, net 67,728  
Other non-current assets 26,945 25,298
Total assets 1,370,591 1,313,747
Current liabilities:    
Accrued expenses and other liabilities 101,457 133,298
Accounts payable 25,135 19,567
Operating lease liabilities 12,309  
Convertible Notes due 2019 167,442 165,711
Contingent consideration 744 732
Deferred revenue 31,639 23,988
Total current liabilities 338,726 343,296
Convertible Notes due 2023 297,392 294,725
Contingent consideration 7,717 0
Deferred revenue 6,580 6,910
Non-current operating lease liabilities 73,377  
Deferred rent and lease incentive 0 17,569
Deferred tax liabilities, net 809 640
Other non-current liabilities 24,452 18,005
Total liabilities 749,053 681,145
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; 61,934,458 and 61,238,898 shares issued as of March 31, 2019 and December 31, 2018, respectively; 48,656,904 and 48,121,800 shares outstanding as of March 31, 2019 and December 31, 2018, respectively 309 306
Additional paid-in capital 777,926 761,128
Accumulated deficit (77,067) (58,882)
Treasury stock at cost, 13,277,554 and 13,117,098 shares as of March 31, 2019 and December 31, 2018, respectively (77,677) (67,858)
Accumulated other comprehensive loss (772) (994)
Total stockholders’ equity 622,719 633,700
Non-controlling interest (1,181) (1,098)
Total equity 621,538 632,602
Total liabilities and equity $ 1,370,591 $ 1,313,747