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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 48,817 $ 103,095
Accounts receivable (net of allowance of $3,200 and $3,194 as of December 31, 2022 and June 30, 2023, respectively) 151,274 139,579
Insurance receivable 3,421 921
Prepaid expenses 11,795 13,433
Other current assets 24,847 13,654
Total current assets 240,154 270,682
Property and equipment, net 7,354 10,341
Goodwill 878,696 849,609
Intangible assets, net 251,031 241,036
Deferred income taxes 4,642 4,452
Operating leases right-of-use asset 7,514 20,084
Other noncurrent assets, net 11,212 11,050
TOTAL ASSETS 1,400,603 1,407,254
CURRENT LIABILITIES:    
Accounts payable 40,017 38,372
Litigation settlement obligation 6,013 4,165
Accrued expenses 58,118 67,047
Current portion of long-term debt 11,250 7,500
Operating leases liability, current portion 4,069 3,717
Other current liabilities 13,712 12,939
Total current liabilities 133,179 133,740
Long-term debt, net 486,882 493,990
Deferred income taxes 31,531 23,707
Long-term operating leases liability, net of current portion 10,182 16,835
Other liabilities 7,942 2,336
Total liabilities 669,716 670,608
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDERS’ EQUITY:    
Preferred stock ($0.01 par value; 100,000,000 shares authorized; no shares issued or outstanding) 0 0
Common stock ($0.01 par value; 1,000,000,000 shares authorized; 97,765,120 shares issued and 96,717,883 shares outstanding as of December 31, 2022; 99,810,027 shares issued and 96,758,662 shares outstanding as of June 30, 2023) 96 76
Additional paid-in capital 960,781 942,789
Common stock held in treasury (1,047,237 and 3,051,365 shares as of December 31, 2022 and June 30, 2023, respectively) (40,773) (14,859)
Accumulated deficit (185,534) (186,448)
Accumulated other comprehensive loss (3,683) (4,912)
Total stockholders’ equity 730,887 736,646
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,400,603 $ 1,407,254