Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 92,244 $ 82,505
Fees receivable, net 74,871 67,815
Prepaid expenses and other current assets 38,665 32,183
Total current assets 205,780 182,503
Property and equipment, net 49,752 53,756
Internally developed software, net 78,024 60,263
Intangible assets, net 471,091 505,589
Goodwill 906,499 879,850
Operating lease right-of-use assets, net 73,537 82,796
Other non-current assets 46,722 37,127
Total assets 1,831,405 1,801,884
Current liabilities:    
Accrued expenses and other liabilities 134,763 137,944
Accounts payable 16,132 17,277
Operating lease liabilities 13,926 13,816
Contingent consideration 1,603 0
Deferred revenue 42,861 34,753
Total current liabilities 209,285 203,790
Convertible Notes due 2023 311,031 305,513
Revolving credit facility 275,000 260,000
Contingent consideration 11,422 9,045
Deferred revenue 5,231 5,754
Non-current operating lease liabilities 81,600 88,365
Deferred tax liabilities, net 27,106 29,481
Other non-current liabilities 36,993 32,360
Total liabilities 957,668 934,308
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; 67,396,243 and 66,320,706 shares issued as of June 30, 2020 and December 31, 2019, respectively; 53,743,382 and 52,841,706 shares outstanding as of June 30, 2020 and December 31, 2019, respectively 337 331
Additional paid-in capital 1,071,502 1,037,141
Accumulated deficit (89,065) (75,664)
Treasury stock at cost, 13,652,861 and 13,479,000 shares as of June 30, 2020 and December 31, 2019, respectively (103,781) (90,965)
Accumulated other comprehensive loss (3,198) (1,749)
Total stockholders’ equity 875,795 869,094
Non-controlling interest (2,058) (1,518)
Total equity 873,737 867,576
Total liabilities and equity $ 1,831,405 $ 1,801,884