CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 99,744	$ 75,753
Receivables, net of allowances of $4,215 and $3,873, respectively	183,482	268,162
Recoverable income taxes	6,749	4,614
Prepaid expenses	29,806	25,884
Other current assets	21,086	33,578
Total current assets	340,867	407,991
Noncurrent assets
Property and equipment, net	77,979	78,950
Software, net	175,708	185,496
Goodwill	913,014	909,691
Intangible assets, net	200,496	203,634
Deferred income taxes, net	85,440	77,479
Other noncurrent assets	37,302	39,054
TOTAL ASSETS	1,830,806	1,902,295
Current liabilities
Accounts payable	35,980	42,873
Employee compensation	35,763	47,804
Current portion of long-term debt	17,701	90,323
Deferred revenue	109,990	105,191
Income taxes payable	10,982	11,334
Other current liabilities	54,153	78,841
Total current liabilities	264,569	376,366
Noncurrent liabilities
Deferred revenue	55,402	49,863
Long-term debt	679,133	653,595
Deferred income taxes, net	25,091	26,349
Other noncurrent liabilities	36,338	41,205
Total liabilities	1,060,533	1,147,378
Commitments and contingencies (Note 12)
Stockholders' equity
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at March 31, 2017 and December 31, 2016
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at March 31, 2017 and December 31, 2016	702	702
Additional paid-in capital	604,362	600,344
Retained earnings	544,123	545,731
Treasury stock, at cost, 22,485,639 and 23,188,258 shares at March 31, 2017 and December 31, 2016, respectively	(290,865)	(297,760)
Accumulated other comprehensive loss	(88,049)	(94,100)
Total stockholders' equity	770,273	754,917
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,830,806	$ 1,902,295

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.