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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 107,482 $ 102,253
Accounts receivable—net allowances of 2016 - $75 and 2015 - $150 57,604 62,535
Marketing fee receivable 6,585 5,682
Income taxes receivable 4,778 27,901
Other prepaid expenses 7,978 5,122
Other current assets 264 625
Total Current Assets 184,691 204,118
Investments 12,971 12,185
Investments 53,485 48,430
Land 4,914 4,914
Property and Equipment:    
Construction in progress 2,308 885
Building 70,550 70,531
Furniture and equipment 146,732 144,597
Less accumulated depreciation and amortization (161,527) (155,653)
Total Property and Equipment—Net 58,063 60,360
Goodwill 26,468 7,655
Other Assets:    
Intangible assets (less accumulated amortization—2016 - $544 and 2015 - $182) 10,016 2,378
Software development work in progress 16,519 13,836
Data processing software and other assets (less accumulated amortization—2016 - $167,746 and 2015 - $164,152) 40,674 43,097
Total Other Assets—Net 67,209 59,311
Total 394,830 384,788
Current Liabilities:    
Accounts payable and accrued liabilities 50,387 60,104
Marketing fee payable 7,058 6,141
Deferred revenue and other liabilities 14,726 4,019
Post-retirement benefit obligation - current 81 100
Contingent consideration - current 3,407 2,000
Income tax payable 7,695 1,633
Total Current Liabilities 83,354 73,997
Long-term Liabilities:    
Post-retirement benefit obligation - long-term 1,881 1,896
Contingent consideration - long term 0 1,379
Income tax liability 40,929 39,679
Other long-term liabilities 2,995 2,883
Deferred income taxes 5,144 5,309
Total Long-term Liabilities $ 50,949 $ 51,146
Commitments and Contingencies
Total Liabilities $ 134,303 $ 125,143
Redeemable Noncontrolling Interests 12,600 0
Stockholders’ Equity:    
Preferred stock, $0.01 par value: 20,000,000 shares authorized, no shares issued and outstanding at March 31, 2016 or December 31, 2015 0 0
Additional paid-in-capital 128,080 123,577
Retained earnings 633,876 603,597
Treasury stock at cost – 11,383,858 shares at March 31, 2016 and 10,650,254 shares at December 31, 2015 (514,163) (467,632)
Accumulated other comprehensive loss (795) (824)
Total Stockholders’ Equity 247,927 259,645
Total 394,830 384,788
Unrestricted Common Stock    
Stockholders’ Equity:    
Common stock, $0.01 par value: 325,000,000 shares authorized; 92,934,561 issued and 81,550,703 outstanding at March 31, 2016; 92,738,803 issued and 82,088,549 outstanding at December 31, 2015 $ 929 $ 927