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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 122,059 $ 165,374
Receivables, net of allowances of $2,861 and $3,912, respectively 320,405 342,879
Settlement assets 452,396 605,008
Prepaid expenses 24,698 24,288
Other current assets 17,876 17,365
Total current assets 937,434 1,154,914
Noncurrent assets    
Accrued receivables, net 276,164 215,772
Property and equipment, net 63,050 64,734
Operating lease right-of-use assets 47,825 41,243
Software, net 157,782 196,456
Goodwill 1,280,226 1,280,226
Intangible assets, net 283,004 321,983
Deferred income taxes, net 50,778 57,476
Other noncurrent assets 62,478 54,099
TOTAL ASSETS 3,158,741 3,386,903
Current liabilities    
Accounts payable 41,312 41,223
Settlement liabilities 451,575 604,096
Employee compensation 51,379 48,560
Current portion of long-term debt 45,870 34,265
Deferred revenue 84,425 95,849
Other current liabilities 79,594 81,612
Total current liabilities 754,155 905,605
Noncurrent liabilities    
Deferred revenue 25,925 33,564
Long-term debt 1,019,872 1,120,742
Deferred income taxes, net 36,122 40,504
Operating lease liabilities 43,346 39,958
Other noncurrent liabilities 34,544 39,933
Total liabilities 1,913,964 2,180,306
Commitments and contingencies (Note 13)
Stockholders’ equity    
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at December 31, 2021 and 2020 0 0
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at December 31, 2021 and 2020 702 702
Additional paid-in capital 688,313 682,431
Retained earnings 1,131,281 1,003,490
Treasury stock, at cost, 24,795,009 and 23,412,870 shares at December 31, 2021 and 2020, respectively (475,972) (387,581)
Accumulated other comprehensive loss (99,547) (92,445)
Total stockholders’ equity 1,244,777 1,206,597
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,158,741 $ 3,386,903