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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 183,393 $ 164,239
Receivables, net of allowances of $2,581 and $4,295, respectively 345,125 452,337
Settlement assets 700,733 723,039
Prepaid expenses 34,416 31,479
Other current assets 34,935 35,551
Total current assets 1,298,602 1,406,645
Noncurrent assets    
Accrued receivables, net 290,186 313,983
Property and equipment, net 36,924 37,856
Operating lease right-of-use assets 33,153 34,338
Software, net 112,368 108,418
Goodwill 1,226,026 1,226,026
Intangible assets, net 186,782 195,646
Deferred income taxes, net 56,017 58,499
Other noncurrent assets 60,143 63,328
TOTAL ASSETS 3,300,201 3,444,739
Current liabilities    
Accounts payable 44,292 45,964
Settlement liabilities 699,804 721,164
Employee compensation 26,938 53,892
Current portion of long-term debt 34,875 74,405
Deferred revenue 77,147 59,580
Other current liabilities 65,764 82,244
Total current liabilities 948,820 1,037,249
Noncurrent liabilities    
Deferred revenue 20,117 24,780
Long-term debt 981,851 963,599
Deferred income taxes, net 39,465 40,735
Operating lease liabilities 27,378 29,074
Other noncurrent liabilities 25,517 25,005
Total liabilities 2,043,148 2,120,442
Commitments and contingencies
Stockholders’ equity    
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at March 31, 2024, and December 31, 2023 0 0
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at March 31, 2024, and December 31, 2023 702 702
Additional paid-in capital 714,936 712,994
Retained earnings 1,387,216 1,394,967
Treasury stock, at cost, 34,267,073 and 32,447,317 shares at March 31, 2024, and December 31, 2023, respectively (733,927) (674,896)
Accumulated other comprehensive loss (111,874) (109,470)
Total stockholders’ equity 1,257,053 1,324,297
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,300,201 $ 3,444,739