XML 17 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 74,182 $ 54,224
Accounts receivable (net of allowance for credit losses of $3,212 and $2,816 at June 30, 2024 and December 31, 2023, respectively) 172,050 142,179
Insurance receivable 2,895 2,937
Prepaid expenses 8,678 9,651
Other current assets 21,472 15,800
Total current assets 279,277 224,791
Property and equipment, net 6,772 7,695
Goodwill 902,564 879,408
Intangible assets, net 255,049 230,212
Deferred tax assets 4,943 4,818
Operating leases right-of-use asset 5,386 6,452
Other noncurrent assets, net 9,248 10,067
TOTAL ASSETS 1,463,239 1,363,443
CURRENT LIABILITIES:    
Accounts payable 52,892 38,879
Litigation settlement obligation 6,222 5,279
Accrued expenses 79,100 63,987
Current portion of long-term debt 15,000 15,000
Operating leases liability, current portion 3,490 4,219
Income tax payable, current portion 163 8,933
Other current liabilities 15,458 11,839
Total current liabilities 172,325 148,136
Long-term debt, net 537,696 479,788
Deferred tax liabilities 6,114 14,239
Long-term operating leases liability, net of current portion 6,054 7,278
Other liabilities 6,924 12,058
Total liabilities 729,113 661,499
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; 105,429,219 shares issued and 97,901,748 shares outstanding at June 30, 2024; 99,966,158 shares issued and 93,194,403 shares outstanding at December 31, 2023) 157 98
Additional paid-in capital 1,039,337 983,283
Common stock held in treasury (7,527,471 and 6,771,755 shares at June 30, 2024 and December 31, 2023, respectively) (99,929) (88,918)
Accumulated deficit (200,751) (186,564)
Accumulated other comprehensive loss (4,688) (5,955)
Total stockholders’ equity 734,126 701,944
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,463,239 $ 1,363,443