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CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 167,681 $ 150,365
Short-term investments 0 71
Total cash, cash equivalents and short-term investments 167,681 150,436
Settlement and merchant reserve assets 177,300 238,653
Trade accounts receivable:    
Billed, net of allowance of $5,254 and $5,528 255,774 274,189
Unbilled 73,262 52,830
Income taxes receivable 2,236 1,270
Other current assets 55,285 48,577
Total current assets 731,538 765,955
Non-current assets:    
Property and equipment, net of depreciation of $107,836 and $105,466 68,648 71,787
Operating lease right-of-use assets 42,470 49,687
Intangible assets 63,826 68,191
Goodwill 305,104 304,036
Customer contract costs, net of amortization of $33,191 and $30,601 54,437 54,735
Deferred income taxes 22,177 26,206
Other assets 7,808 7,956
Total non-current assets 564,470 582,598
Total assets 1,296,008 1,348,553
Current liabilities:    
Current portion of long-term debt, net of unamortized discounts 37,500 37,500
Operating lease liabilities 19,220 21,012
Customer deposits 34,429 40,472
Trade accounts payable 36,121 47,720
Accrued employee compensation 49,836 68,321
Settlement and merchant reserve liabilities 176,329 237,810
Deferred revenue 54,794 46,033
Income taxes payable 7,956 5,455
Other current liabilities 25,550 22,886
Total current liabilities 441,735 527,209
Non-current liabilities:    
Long-term debt, net of unamortized discounts of $2,469 and $2,656 403,781 375,469
Operating lease liabilities 45,097 53,207
Deferred revenue 21,756 21,991
Income taxes payable 3,510 3,410
Deferred income taxes 120 117
Other non-current liabilities 11,786 11,901
Total non-current liabilities 486,050 466,095
Total liabilities 927,785 993,304
Stockholders' equity:    
Preferred stock, par value $.01 per share; 10,000 shares authorized; zero shares issued and outstanding 0 0
Common stock, par value $.01 per share; 100,000 shares authorized; 31,678 and 31,269 shares outstanding 712 708
Additional paid-in capital 493,184 495,189
Treasury stock, at cost; 38,210 shares (1,018,034) (1,018,034)
Accumulated other comprehensive income (loss):    
Unrealized gain on short-term investments, net of tax 1 1
Cumulative foreign currency translation adjustments (55,987) (58,830)
Accumulated earnings 948,347 936,215
Total stockholders' equity 368,223 355,249
Total liabilities and stockholders' equity 1,296,008 1,348,553
Software    
Non-current assets:    
Intangible assets 20,935 22,774
Acquired customer contracts    
Non-current assets:    
Intangible assets $ 42,891 $ 45,417