Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 73,228	$ 137,858
Settlement assets	25,607	36,557
Short-term investments	4,443	31,192
Restricted cash	35,051	8,317
Fiduciary funds- restricted	4,966	6,491
Trade accounts receivable, less allowances of $20,044 and $6,969, respectively	153,565	147,691
Other current assets	67,074	59,274
Total current assets	363,934	427,380
Property and equipment, net	48,421	47,960
Right-of-use assets	19,544	0
Goodwill	952,404	946,685
Intangibles, net	46,955	51,448
Indefinite-lived intangibles	42,055	42,055
Capitalized software development costs, net	19,183	14,076
Deferred tax asset, net	69,227	54,629
Other assets	29,896	26,714
Total assets	1,591,619	1,610,947
Current liabilities:
Accounts payable and accrued liabilities	84,735	111,895
Settlement obligations	12,196	25,651
Accrued payroll and related benefits	8,755	9,227
Working capital facility	28,352	10,516
Fiduciary funds- restricted	4,966	6,491
Short term debt	1,167	3,990
Contingent liability for accrued earn-out acquisition consideration	8,621	13,767
Current portion of long term debt and capital lease obligation, net of deferred financing costs of $575 and $575, respectively	22,091	14,603
Contract liabilities	28,712	35,609
Lease liability	5,955	0
Other current liabilities	29,335	85,679
Total current liabilities	234,885	317,428
Revolving line of credit	438,037	424,537
Long term debt and capital lease obligation, less current portion, net of deferred financing costs of $1,534 and $1,811, respectively	254,467	274,716
Contingent liability for accrued earn-out acquisition consideration	1,474	11,209
Contract liabilities	8,541	9,051
Lease liability	13,196	438
Deferred tax liability, net	1,235	1,282
Other liabilities	40,339	27,849
Total liabilities	992,174	1,066,510
Commitments and Contingencies
Stockholders’ equity:
Preferred stock, $.10 par value, 500,000 shares authorized, no shares issued and outstanding at December 31, 2019 and 2018	0	0
Series Y Convertible preferred stock, $0.10 par value, 350,000 shares authorized, no shares issued and outstanding at December 31, 2019 and no shares authorized, issued and outstanding at December 31, 2018	0	0
Common stock, $.10 par value, 220,000,000 shares authorized, 30,492,044 issued and outstanding at December 31, 2019 and 30,567,725 issued and outstanding at December 31, 2018	3,049	3,057
Additional paid-in capital	6,960	3,397
Retained earnings	618,503	535,118
Accumulated other comprehensive loss	(78,398)	(63,377)
Total Ebix, Inc. stockholders’ equity	550,114	478,195
Noncontrolling Interest	49,331	66,242
Total stockholders' equity	599,445	544,437
Total liabilities and stockholders’ equity	$ 1,591,619	$ 1,610,947