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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 124,981 $ 122,059
Receivables, net of allowances of $3,779 and $2,861, respectively 403,781 320,405
Settlement assets 540,667 452,396
Prepaid expenses 28,010 24,698
Other current assets 17,366 17,876
Total current assets 1,114,805 937,434
Noncurrent assets    
Accrued receivables, net 297,818 276,164
Property and equipment, net 52,499 63,050
Operating lease right-of-use assets 40,031 47,825
Software, net 129,109 157,782
Goodwill 1,226,026 1,280,226
Intangible assets, net 228,698 283,004
Deferred income taxes, net 53,738 50,778
Other noncurrent assets 67,171 62,478
TOTAL ASSETS 3,209,895 3,158,741
Current liabilities    
Accounts payable 47,997 41,312
Settlement liabilities 539,087 451,575
Employee compensation 45,289 51,379
Current portion of long-term debt 65,521 45,870
Deferred revenue 58,303 84,425
Other current liabilities 102,645 79,594
Total current liabilities 858,842 754,155
Noncurrent liabilities    
Deferred revenue 23,233 25,925
Long-term debt 1,024,351 1,019,872
Deferred income taxes, net 40,371 36,122
Operating lease liabilities 33,910 43,346
Other noncurrent liabilities 36,001 34,544
Total liabilities 2,016,708 1,913,964
Commitments and contingencies (Note 13)
Stockholders’ equity    
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at December 31, 2022 and 2021 0 0
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at December 31, 2022 and 2021 702 702
Additional paid-in capital 702,458 688,313
Retained earnings 1,273,458 1,131,281
Treasury stock, at cost, 32,456,227 and 24,795,009 shares at December 31, 2022 and 2021, respectively (665,771) (475,972)
Accumulated other comprehensive loss (117,660) (99,547)
Total stockholders’ equity 1,193,187 1,244,777
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,209,895 $ 3,158,741