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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 184,004 $ 166,178
Restricted cash and cash equivalents 14,569 14,557
Prepaid income taxes 42,381 4,105
Prepaid expenses 10,784 8,579
Other current assets 2,145 1,359
Worksite employee related assets 1,281,471 1,373,386
Total current assets 1,535,354 1,568,164
Workers' compensation collateral receivable 31,883 29,204
Restricted cash, cash equivalents and investments 130,501 101,806
Property and equipment, net 58,622 37,844
Goodwill 289,207 289,207
Other intangible assets, net 31,074 46,772
Other assets 18,502 19,452
Total assets 2,095,143 2,092,449
Current liabilities:    
Accounts payable 22,541 12,904
Accrued corporate wages 30,937 28,963
Notes and capital leases payable, net 36,559 32,970
Other current liabilities 12,551 11,402
Worksite employee related liabilities 1,275,995 1,369,497
Total current liabilities 1,378,583 1,455,736
Notes and capital leases payables, net, noncurrent 422,495 460,965
Workers' compensation loss reserves (net of collateral paid $22,377 and $15,129 at December 31, 2016 and 2015, respectively) 159,301 105,481
Deferred income taxes 92,373 54,641
Other liabilities 7,801 7,545
Total liabilities 2,060,553 2,084,368
Commitments and contingencies (see Note 13)
Stockholders’ equity:    
Preferred stock ($0.000025 par value per share; 20,000,000 shares authorized; no shares issued and outstanding at December 31, 2016 and 2015) 0 0
Common stock and additional paid-in capital ($0.000025 par value per share; 750,000,000 shares authorized; 69,015,690 and 70,371,425 shares issued and outstanding at December 31, 2016 and 2015, respectively) 535,132 494,397
Accumulated deficit (499,938) (485,595)
Accumulated other comprehensive loss (604) (721)
Total stockholders’ equity 34,590 8,081
Total liabilities and stockholders’ equity $ 2,095,143 $ 2,092,449