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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 113,410 $ 63,895
Short-term investments 21,262 25,592
Restricted Cash and Cash Equivalents, Current 3,992 4,040
Funds Held for Clients 8,043 8,035
Trade accounts receivable, less allowances of $6,069 and $4,143, respectively 148,317 117,838
Other current assets 33,205 33,532
Total current assets 328,229 252,932
Property and equipment, net 41,061 41,704
Goodwill 825,526 666,863
Intangibles, net 42,042 45,711
Indefinite-lived intangibles 42,055 42,055
Capitalized Software Development Costs for Software Sold to Customers 9,135 8,499
Deferred tax asset, net 46,819 43,529
Other assets 22,710 11,720
Total assets 1,357,577 1,113,013
Current liabilities:    
Accounts payable and accrued liabilities 97,985 75,073
Accrued payroll and related benefits 8,345 8,201
Bank Overdrafts 4,283 9,243
Funds Held for Clients, Liability 8,043 8,035
Short Term Debt, net 13,824 14,364
Capital lease obligations 113 17
Current deferred rent 170 278
Derivative Financial Instrument, Liabilities, Fair Value Disclosure, Current 16,392 4,000
Deferred Revenue, Current 31,011 22,562
Other current liabilities 13,911 5,159
Total current liabilities 194,077 146,932
Revolving line of credit 358,694 274,529
Long-term Debt and Capital Lease Obligations, net 232,950 110,978
Other liabilities 11,230 11,658
Derivative Financial Instrument, Liabilities, Fair Value Disclosure, Noncurrent 5,216 33,096
Deferred Revenue, Noncurrent 7,152 1,423
Long term deferred rent 356 638
Total liabilities 809,675 579,254
Commitments and Contingencies
Stockholders’ equity:    
Preferred stock, $0.10 par value, 500,000 shares authorized, no shares issued and outstanding at June 30, 2018 and December 31, 2017 0 0
Common stock, $0.10 par value, 120,000,000 shares authorized, 31,458,976 issued and outstanding, at June 30, 2018, 2017 and 120,000,000 shares authorized, 31,473,654 issued and outstanding at December 31, 2017 3,146 3,148
Additional paid-in capital 734 1,410
Retained Earnings (Accumulated Deficit) 550,480 510,975
Accumulated other comprehensive loss (54,960) (24,023)
Total stockholders’ equity 499,400 491,510
Stockholders' Equity Attributable to Noncontrolling Interest 48,502 42,249
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 547,902 533,759
Total liabilities and stockholders’ equity $ 1,357,577 $ 1,113,013