XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 68,177 $ 82,741
Investment in equity securities 30,047 42,618
Accounts receivable, net 35,337 43,615
Prepaid expenses and other current assets 14,157 15,214
Total current assets 147,718 184,188
Premises and equipment, net 18,661 24,526
Right-of-use assets under operating leases, net 22,843 29,074
Goodwill 73,849 73,849
Intangible assets, net 53,997 61,046
Other assets 11,281 12,436
Total assets 328,349 385,119
Current liabilities:    
Accounts payable and accrued expenses 61,406 67,671
Deferred revenue 5,203 5,183
Other current liabilities 11,991 14,724
Total current liabilities 78,600 87,578
Long-term debt 288,581 287,882
Other non-current liabilities 26,018 31,016
Commitments, contingencies and regulatory matters (Note 24)
Equity (deficit):    
Common stock ($1.00 par value; 100,000 shares authorized, 25,413 issued and 15,629 outstanding as of June 30, 2020; 15,454 outstanding as of December 31, 2019) 25,413 25,413
Additional paid-in capital 138,493 133,669
Retained earnings 213,023 272,026
Treasury stock, at cost (9,784 shares as of June 30, 2020 and 9,959 shares as of December 31, 2019) (443,059) (453,934)
Altisource deficit (66,130) (22,826)
Non-controlling interests 1,280 1,469
Total deficit (64,850) (21,357)
Total liabilities and deficit $ 328,349 $ 385,119