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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 164,239 $ 124,981
Receivables, net of allowances of $4,295 and $3,779, respectively 452,337 403,781
Settlement assets 723,039 540,667
Prepaid expenses 31,479 28,010
Other current assets 35,551 17,366
Total current assets 1,406,645 1,114,805
Noncurrent assets    
Accrued receivables, net 313,983 297,818
Property and equipment, net 37,856 52,499
Operating lease right-of-use assets 34,338 40,031
Software, net 108,418 129,109
Goodwill 1,226,026 1,226,026
Intangible assets, net 195,646 228,698
Deferred income taxes, net 58,499 53,738
Other noncurrent assets 63,328 67,171
TOTAL ASSETS 3,444,739 3,209,895
Current liabilities    
Accounts payable 45,964 47,997
Settlement liabilities 721,164 539,087
Employee compensation 53,892 45,289
Current portion of long-term debt 74,405 65,521
Deferred revenue 59,580 58,303
Other current liabilities 82,244 102,645
Total current liabilities 1,037,249 858,842
Noncurrent liabilities    
Deferred revenue 24,780 23,233
Long-term debt 963,599 1,024,351
Deferred income taxes, net 40,735 40,371
Operating lease liabilities 29,074 33,910
Other noncurrent liabilities 25,005 36,001
Total liabilities 2,120,442 2,016,708
Commitments and contingencies (Note 13)
Stockholders’ equity    
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at December 31, 2023 and 2022 0 0
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at December 31, 2023 and 2022 702 702
Additional paid-in capital 712,994 702,458
Retained earnings 1,394,967 1,273,458
Treasury stock, at cost, 32,447,317 and 32,456,227 shares at December 31, 2023 and 2022, respectively (674,896) (665,771)
Accumulated other comprehensive loss (109,470) (117,660)
Total stockholders’ equity 1,324,297 1,193,187
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,444,739 $ 3,209,895