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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 121,398 $ 148,502
Receivables, net of allowances of $5,149 and $3,912, respectively 359,197 348,182
Settlement assets 391,039 32,256
Prepaid expenses 24,542 23,277
Other current assets 24,200 14,260
Total current assets 920,376 566,477
Noncurrent assets    
Accrued receivables, net 213,041 189,010
Property and equipment, net 70,380 72,729
Operating lease right-of-use assets 57,382 0
Software, net 234,517 137,228
Goodwill 1,280,525 909,691
Intangible assets, net 356,969 168,127
Deferred income taxes, net 51,611 27,048
Other noncurrent assets 72,733 52,145
TOTAL ASSETS 3,257,534 2,122,455
Current liabilities    
Accounts payable 37,010 39,602
Settlement liabilities 368,719 31,605
Employee compensation 29,318 38,115
Current portion of long-term debt 34,148 20,767
Deferred revenue 65,784 104,843
Other current liabilities 76,971 61,688
Total current liabilities 611,950 296,620
Noncurrent liabilities    
Deferred revenue 53,155 51,292
Long-term debt 1,339,007 650,989
Deferred income taxes, net 32,053 31,715
Operating lease liabilities 46,766 0
Other noncurrent liabilities 44,635 43,608
Total liabilities 2,127,566 1,074,224
Commitments and contingencies (Note 15)
Stockholders’ equity    
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at December 31, 2019 and 2018 0 0
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at December 31, 2019 and 2018 702 702
Additional paid-in capital 667,658 632,235
Retained earnings 930,830 863,768
Treasury stock, at cost, 24,538,703 and 24,401,694 shares at December 31, 2019 and 2018, respectively (377,639) (355,857)
Accumulated other comprehensive loss (91,583) (92,617)
Total stockholders’ equity 1,129,968 1,048,231
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,257,534 $ 2,122,455