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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 80,194 $ 78,509
Marketable securities 93,887 96,835
Accounts receivable, net 303,284 375,468
Prepaid expenses and other current assets 11,540 11,143
Total current assets 488,905 561,955
Property, equipment and software, net 56,550 60,729
Operating lease right-of-use assets 23,473 21,102
Acquisition-related intangible assets, net 5,469 5,864
Goodwill 29,577 29,577
Deferred tax assets 18,547 13,880
Other assets, non-current 3,669 2,136
TOTAL ASSETS 626,190 695,243
Current liabilities    
Accounts payable 289,176 347,673
Accrued liabilities 19,763 25,684
Operating lease liabilities, current 6,841 6,236
Total current liabilities 315,780 379,593
Operating lease liabilities, non-current 17,613 15,607
Other liabilities, non-current 4,067 3,844
TOTAL LIABILITIES 337,460 399,044
Commitments and contingencies (Note 8)
Stockholders' equity    
Preferred stock, $0.0001 par value per share, 10,000 shares authorized as of March 31, 2024 and December 31, 2023; No shares issued and outstanding as of March 31, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value per share; 1,000,000 Class A shares authorized as of March 31, 2024 and December 31, 2023; $46,327 shares issued and $41,393 shares outstanding as of March 31, 2024; $45,542 shares issued and $41,502 shares outstanding as of December 31, 2023; 1,000,000 Class B shares authorized as of March 31, 2024 and December 31, 2023; $11,626 shares issued and $8,486 shares outstanding as of March 31, 2024; $11,884 shares issued and $8,744 shares outstanding as of December 31, 2023 6 6
Treasury stock, at cost; 8,074 and 7,180 shares as of March 31, 2024 and December 31, 2023, respectively (86,857) (71,103)
Additional paid-in capital 241,179 230,419
Accumulated other comprehensive loss (25) (4)
Retained earnings 134,427 136,881
TOTAL STOCKHOLDERS’ EQUITY 288,730 296,199
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 626,190 $ 695,243