SUPPLEMENTAL CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS INFORMATION (Tables)

12 Months Ended

Dec. 31, 2023

Supplemental Consolidated Balance Sheet & Statement of Operations Information [Abstract]

Schedule of Prepaid and Other Current Assets

The following table summarizes Prepaid expenses and other current assets as of December 31, 2023 and 2022 (in thousands):

	December 31,
	2023		2022
Prepaid expenses	$	9,799	$	16,048
Income taxes receivable	5,349		6,691
Deferred cloud implementation cost	14,627		9,362
Restricted Cash (1)	26,075		417
Other	7,797		8,583
Total prepaid expenses and other current assets	$	63,647	$	41,101

(1) Primarily consists of cash collateral related to our letters of credit. See Note 7,Financing Arrangements for additional information.

Schedule of Other Assets, Noncurrent

The following table summarizes Other non-current assets as of December 31, 2023 and 2022 (in thousands):

	December 31,
	2023		2022
Deferred contract acquisition costs	$	2,940	$	4,815
Deferred cloud implementation costs	188		17,684
Other	2,967		4,992
Total other non-current assets	$	6,095	$	27,491

Schedule of Accrued Expenses and Other Current Liabilities

The following table summarizes Accrued expenses and other current liabilities as of December 31, 2023 and 2022 (in thousands):

	December 31,
	2023		2022
Refund reserve	$	4,445	$	11,072
Compensation and benefits	10,717		15,005
Accrued marketing	8,771		19,596
Restructuring-related liabilities	1,641		4,782
Customer credits	26,595		36,220
Operating lease obligations	7,121		37,525
Other (1)	42,649		47,252
Total accrued expenses and other current liabilities	$	101,939	$	171,452

(1)Includes certain payroll taxes deferred under the Coronavirus Aid, Relief and Economic Security ("CARES") Act of $2.7 million as of December 31, 2022. This balance was paid in January 2023.

Schedule of Other Non-current Liabilities

The following table summarizes Other non-current liabilities as of December 31, 2023 and 2022 (in thousands):

	December 31,
	2023		2022
Contingent income tax liabilities	$	9,373	$	11,213
Deferred income taxes	2,525		3,100
Other	1,364		4,273
Total other non-current liabilities	$	13,262	$	18,586

Schedule of Other Income (Expense)

The following table summarizes Other income (expense), net for the years ended December 31, 2023, 2022 and 2021 (in thousands):

	Year Ended December 31,
	2023		2022		2021
Interest income	$	10,264	$	9,533	$	5,116
Interest expense	(15,718)		(14,380)		(17,206)
Changes in fair value of investments (1)	(25,847)		—		95,623
Loss on extinguishment of debt	—		—		(5,090)
Foreign currency gains (losses), net and other (2)	6,127		(19,308)		14,237
Other income (expense), net	$	(25,174)	$	(24,155)	$	92,680

(1)The $25.8 million loss for the year ended December 31, 2023 relates to a remeasurement of our investment in SumUp. The year ended December 31, 2021 includes an $89.1 million unrealized gain due to an upward adjustment for an observable price change of SumUp.

(2)Includes a $32.3 million cumulative foreign currency translation adjustment gain that was reclassified into earnings for the year ended December 31, 2021 as a result of the substantial liquidation of our subsidiary in Japan as part of our 2020 Restructuring Plan.