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CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 147,503 $ 122,243
Short-term investments 74,595 139,117
Total cash, cash equivalents and short-term investments 222,098 261,360
Trade accounts receivable:    
Billed, net of allowance of $3,967 and $4,149 213,051 219,531
Unbilled 35,426 31,187
Income taxes receivable 12,261 13,839
Other current assets 32,388 28,349
Total current assets 515,224 554,266
Non-current assets:    
Property and equipment, net of depreciation of $109,074 and $123,126 59,553 44,651
Intangible assets 70,582  
Goodwill 222,915 210,080
Client contract costs, net of amortization of $25,304 and zero 38,357  
Deferred income taxes 13,844 14,057
Other assets 7,963 10,948
Total non-current assets 413,214 350,268
Total assets 928,438 904,534
Current liabilities:    
Current portion of long-term debt 7,500 22,500
Client deposits 34,991 31,053
Trade accounts payable 35,536 38,420
Accrued employee compensation 46,027 62,984
Deferred revenue 38,197 41,885
Income taxes payable 1,502 1,216
Other current liabilities 20,948 24,535
Total current liabilities 184,701 222,593
Non-current liabilities:    
Long-term debt, net of unamortized discounts of $17,741 and $18,264 354,759 309,236
Deferred revenue 9,191 12,346
Income taxes payable 2,457 2,415
Deferred income taxes 8,412 4,584
Other non-current liabilities 10,843 10,614
Total non-current liabilities 385,662 339,195
Total liabilities 570,363 561,788
Stockholders' equity:    
Preferred stock, par value $.01 per share; 10,000 shares authorized; zero shares issued and outstanding
Common stock, par value $.01 per share; 100,000 shares authorized; 33,674 and 33,516 shares outstanding 692 689
Common stock warrants; 439 and 439 warrants vested; 1,425 and 1,425 issued 9,082 9,082
Additional paid-in capital 425,926 427,091
Treasury stock, at cost; 34,200 and 34,075 shares (820,434) (814,732)
Accumulated other comprehensive income (loss):    
Unrealized loss on short-term investments, net of tax (182) (88)
Cumulative foreign currency translation adjustments (21,024) (28,734)
Accumulated earnings 764,015 749,438
Total stockholders' equity 358,075 342,746
Total liabilities and stockholders' equity 928,438 904,534
Software    
Non-current assets:    
Intangible assets 30,894 26,906
Client contracts    
Non-current assets:    
Intangible assets   $ 43,626
Acquired client contracts    
Non-current assets:    
Intangible assets $ 39,688