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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 30,531 $ 31,810
Restricted cash due to customers 421,915 545,485
Accounts receivable, net of allowance of $9,025 and $5,529 at June 30, 2020 and December 31, 2019, respectively 129,675 88,868
Customer funds receivable 1,284 524
Prepaid expenses and other current assets 83,699 67,852
Total current assets 667,104 734,539
Property and equipment, net 36,539 35,546
Operating lease right-of-use assets 95,575 104,400
Software development costs, net 106,044 101,302
Goodwill 630,687 634,088
Intangible assets, net 292,187 317,895
Other assets 68,673 65,193
Total assets 1,896,809 1,992,963
Current liabilities:    
Trade accounts payable 41,029 47,676
Accrued expenses and other current liabilities 52,893 73,317
Due to customers 423,199 546,009
Debt, current portion 9,194 7,500
Deferred revenue, current portion 332,570 314,335
Total current liabilities 858,885 988,837
Debt, net of current portion 478,919 459,600
Deferred tax liability 45,108 44,594
Deferred revenue, net of current portion 4,626 1,802
Operating lease liabilities, net of current portion 86,586 95,624
Other liabilities 11,883 5,742
Total liabilities 1,486,007 1,596,199
Commitments and contingencies (see Note 9)
Stockholders' equity:    
Preferred stock; 20,000,000 shares authorized, none outstanding 0 0
Common stock, $0.001 par value; 180,000,000 shares authorized, 60,901,100 and 60,206,091 shares issued at June 30, 2020 and December 31, 2019, respectively 61 60
Additional paid-in capital 491,450 457,804
Treasury stock, at cost; 11,332,912 and 11,066,354 shares at June 30, 2020 and December 31, 2019, respectively (311,661) (290,665)
Accumulated other comprehensive loss (14,476) (5,290)
Retained earnings 245,428 234,855
Total stockholders' equity 410,802 396,764
Total liabilities and stockholders' equity $ 1,896,809 $ 1,992,963