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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 111,265 $ 94,164
Accounts receivable, net of allowances of $4,727 and $4,681, respectively 29,644 28,029
Prepaid expenses and other current assets 14,607 14,335
Total current assets 155,516 136,528
Property and equipment, net 61,419 54,958
Operating lease right-of-use assets 7,459 7,875
Intangibles, net 48,096 49,156
Goodwill 347,752 346,585
Deferred income taxes 36,639 35,981
Other assets 6,392 2,816
TOTAL ASSETS 663,273 633,899
LIABILITIES AND STOCKHOLDERS’ DEFICIT    
Accounts payable and accrued expenses 54,305 41,246
Income taxes payable, current 2,786 2,548
Deferred revenue, current 25,336 24,579
Operating lease liabilities, current 2,818 2,793
Due to Former Parent 207 156
Total current liabilities 85,452 71,322
Long-term debt 794,341 793,865
Deferred revenue, noncurrent 2,316 2,319
Operating lease liabilities, noncurrent 13,379 13,877
Liability for uncertain tax positions 7,438 6,725
Deferred income taxes 737 728
Other long-term liabilities 321 324
TOTAL LIABILITIES 903,984 889,160
Commitments and contingencies (Note 8)
Common stock, $0.01 par value. Authorized 120,000,000; total issued is 20,118,967 and 20,105,545 shares and total outstanding is 19,659,661 and 19,916,431 shares at March 31, 2023 and December 31, 2022, respectively 201 201
Treasury stock, at cost (459,306 and 189,114 shares at March 31, 2023 and December 31, 2022, respectively) (16,791) (7,596)
Additional paid-in capital 26,859 21,650
Accumulated deficit (234,950) (250,408)
Accumulated other comprehensive loss (16,030) (19,108)
TOTAL STOCKHOLDERS’ DEFICIT (240,711) (255,261)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 663,273 $ 633,899