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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
[1]
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 1,031,145 $ 913,595
Restricted cash 333,748 217,275
Accounts and other receivables (less allowance for doubtful accounts of $59,963 at December 31, 2018 and $46,031 at December 31, 2017) 1,425,815 1,420,011
Securitized accounts receivable—restricted for securitization investors 886,000 811,000
Prepaid expenses and other current assets 199,278 187,820
Total current assets 3,875,986 3,549,701
Property, plant and equipment, net 186,201 180,057
Goodwill 4,542,074 4,715,823
Other intangibles, net 2,407,910 2,724,957
Investments 42,674 32,859
Other assets 147,632 114,962
Total assets 11,202,477 11,318,359
Current liabilities:    
Accounts payable 1,117,649 1,437,314
Accrued expenses 261,594 238,472
Customer deposits 926,685 732,171
Securitization facility 886,000 811,000
Current portion of notes payable and lines of credit 1,184,616 805,512
Other current liabilities 118,669 71,033
Total current liabilities 4,495,213 4,095,502
Notes payable and other obligations, less current portion 2,748,431 2,902,104
Deferred income taxes 491,946 518,912
Other noncurrent liabilities 126,707 125,319
Total noncurrent liabilities 3,367,084 3,546,335
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Common stock, $0.001 par value; 475,000,000 shares authorized; 123,035,859 shares issued and 85,845,344 shares outstanding at December 31, 2018; and 122,083,059 shares issued and 89,803,982 shares outstanding at December 31, 2017 123 122
Additional paid-in capital 2,306,843 2,214,224
Retained earnings 3,817,656 2,958,921
Accumulated other comprehensive loss (913,858) (551,857)
Less treasury stock (37,190,515 shares at December 31, 2018; and 32,279,077 shares at December 31, 2017) (1,870,584) (944,888)
Total stockholders’ equity 3,340,180 3,676,522
Total liabilities and stockholders’ equity $ 11,202,477 $ 11,318,359
[1] Reflects the impact of the Company's adoption of ASC 606 and related cost capitalization guidance, which was adopted by the Company on January 1, 2018 using the modified retrospective transition method. The adoption of ASC 606 resulted in an adjustment to retained earnings in our consolidated balance sheet for the cumulative effect of applying the standard, which included costs incurred to obtain a contract, as well as presentation changes in our statements of income, including the classification of certain amounts previously classified as merchant commissions and processing expense net with revenues. As a result of the application of the modified retrospective transition method, the Company's prior period results within its Form 10-K and quarterly reports on Form 10-Q will not be restated to reflect ASC 606.