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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 293,666 $ 295,600
Restricted cash 23,597 23,073
Accounts receivable, net 141,332 126,510
Settlement assets 42,068 51,467
Prepaid expenses and other assets 62,336 64,704
Total current assets 562,999 561,354
Debt securities available-for-sale, at fair value 2,093 2,095
Equity securities, at fair value 10,843 9,413
Investment in equity investees 21,859 21,145
Property and equipment, net 60,777 62,453
Operating lease right-of-use asset 14,824 14,796
Goodwill 777,932 791,700
Other intangible assets, net 490,188 518,070
Deferred tax asset 19,879 47,847
Derivative asset 6,962 4,385
Other long-term assets 28,130 27,005
Total assets 1,996,486 2,060,263
Current Liabilities:    
Accrued liabilities 116,977 129,160
Accounts payable 66,629 66,516
Contract liability 18,938 21,055
Income tax payable 0 3,402
Current portion of long-term debt 23,867 23,867
Short-term borrowings 80,000 0
Current portion of operating lease liability 7,575 6,693
Settlement liabilities 40,446 47,620
Total current liabilities 354,432 298,313
Long-term debt 941,717 946,816
Deferred tax liability 53,576 87,916
Contract liability - long term 52,062 41,825
Operating lease liability - long-term 8,686 9,033
Other long-term liabilities 34,116 40,984
Total liabilities 1,444,589 1,424,887
Commitments and contingencies (Note 14)
Redeemable non-controlling interests 40,658 36,968
Stockholders’ equity    
Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued 0 0
Common stock, par value $0.01; 206,000,000 shares authorized; 64,408,959 shares issued and outstanding as of March 31, 2024 (December 31, 2023 - 65,450,799) 644 654
Additional paid-in capital 0 36,527
Accumulated earnings 512,535 538,903
Accumulated other comprehensive (loss) income, net of tax (5,922) 18,209
Total stockholders’ equity 507,257 594,293
Non-redeemable non-controlling interest 3,982 4,115
Total equity 511,239 598,408
Total liabilities and equity $ 1,996,486 $ 2,060,263