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CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 144,019 $ 156,548
Short-term investments 27,183 26,109
Total cash, cash equivalents and short-term investments 171,202 182,657
Settlement assets 139,248 169,327
Trade accounts receivable:    
Billed, net of allowance of $4,057 and $3,735 244,413 244,058
Unbilled 35,941 33,450
Income taxes receivable 7,516 4,297
Other current assets 44,448 35,293
Total current assets 642,768 669,082
Non-current assets:    
Property and equipment, net of depreciation of $100,883 and $98,029 84,689 84,429
Operating lease right-of-use assets 117,304 94,847
Intangible assets 81,917 87,631
Goodwill 262,774 259,164
Client contract costs, net of amortization of $37,827 and $31,526 41,561 50,746
Deferred income taxes 9,193 9,392
Other assets 29,176 27,739
Total non-current assets 626,614 613,948
Total assets 1,269,382 1,283,030
Current liabilities:    
Current portion of long-term debt 12,188 10,313
Operating lease liabilities 21,771 22,442
Client deposits 37,278 38,687
Trade accounts payable 34,494 32,704
Accrued employee compensation 45,689 77,527
Settlement liabilities 137,894 168,342
Deferred revenue 52,195 45,094
Income taxes payable 7,632 2,806
Other current liabilities 21,626 20,778
Total current liabilities 370,767 418,693
Non-current liabilities:    
Long-term debt, net of unamortized discounts of $7,726 and $10,053 342,274 346,509
Operating lease liabilities 102,609 78,936
Deferred revenue 16,772 18,552
Income taxes payable 2,706 2,543
Deferred income taxes 13,334 6,376
Other non-current liabilities 23,298 14,759
Total non-current liabilities 500,993 467,675
Total liabilities 871,760 886,368
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; 33,080 and 32,891 shares outstanding 699 696
Additional paid-in capital 458,362 454,663
Treasury stock, at cost; 35,507 and 35,356 shares (874,592) (867,817)
Accumulated other comprehensive income (loss):    
Unrealized gains on short-term investments, net of tax 44 16
Cumulative foreign currency translation adjustments (51,932) (39,519)
Accumulated earnings 865,041 848,623
Total stockholders' equity 397,622 396,662
Total liabilities and stockholders' equity 1,269,382 1,283,030
Software    
Non-current assets:    
Intangible assets 29,141 32,526
Acquired client contracts    
Non-current assets:    
Intangible assets $ 52,776 $ 55,105