CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 50,912	$ 102,239
Receivables, net of allowances of $3,829 and $5,045, respectively	159,409	219,116
Recoverable income taxes	5,318	12,048
Prepaid expenses	28,825	27,461
Other current assets	18,304	21,637
Total current assets	262,768	382,501
Noncurrent assets
Property and equipment, net	78,894	60,630
Software, net	188,743	237,941
Goodwill	915,857	913,261
Intangible assets, net	212,393	256,925
Deferred income taxes, net	99,365	90,872
Other noncurrent assets	44,166	33,658
TOTAL ASSETS	1,802,186	1,975,788
Current liabilities
Accounts payable	38,124	55,420
Employee compensation	48,647	31,213
Current portion of long-term debt	90,270	89,710
Deferred revenue	116,990	128,559
Income taxes payable	3,113	4,734
Other current liabilities	55,079	75,225
Total current liabilities	352,223	384,861
Noncurrent liabilities
Deferred revenue	40,720	42,081
Long-term debt	652,387	834,449
Deferred income taxes, net	24,055	28,067
Other noncurrent liabilities	38,039	31,930
Total liabilities	1,107,424	1,321,388
Commitments and contingencies (Note 14)
Stockholders' equity
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at September 30, 2016 and December 31, 2015
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at September 30, 2016 and December 31, 2015	702	702
Additional paid-in capital	590,009	561,379
Retained earnings	479,040	416,851
Treasury stock, at cost, 23,247,854 and 21,491,285 shares at September 30, 2016 and December 31, 2015, respectively	(298,526)	(252,956)
Accumulated other comprehensive loss	(76,463)	(71,576)
Total stockholders' equity	694,762	654,400
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,802,186	$ 1,975,788

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.