Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 1,921	$ 424
Restricted cash	39,535	32,985
Accounts receivable, net	245,639	188,300
Income taxes refundable/receivable		813
Other current assets	27,873	22,539
Current assets before funds held for clients	314,968	245,061
Funds held for clients	131,304	203,112
Total current assets	446,272	448,173
Non-current assets:
Property and equipment, net	28,649	26,081
Goodwill and other intangible assets, net	640,312	613,206
Assets of deferred compensation plan	89,987	85,589
Notes receivable	906	620
Other non-current assets	3,998	2,562
Total non-current assets	763,852	728,058
Total assets	1,210,124	1,176,231
Current liabilities:
Accounts payable	80,823	51,375
Income taxes payable	6,987
Accrued personnel costs	42,750	45,264
Notes payable	1,632	1,861
Contingent purchase price liability	27,344	15,151
Other current liabilities	13,587	17,013
Current liabilities before client fund obligations	173,123	130,664
Client fund obligations	132,289	203,582
Total current liabilities	305,412	334,246
Non-current liabilities:
Bank debt	180,200	178,500
Debt issuance costs	(1,707)	(828)
Total long-term debt	178,493	177,672
Notes payable	1,653	2,164
Income taxes payable	4,574	4,454
Deferred income taxes, net	4,000	3,339
Deferred compensation plan obligations	89,987	85,589
Contingent purchase price liability	19,184	22,423
Other non-current liabilities	17,995	15,465
Total non-current liabilities	315,886	311,106
Total liabilities	621,298	645,352
STOCKHOLDERS' EQUITY
Common stock	1,311	1,301
Additional paid in capital	686,983	675,504
Retained earnings	395,881	345,302
Treasury stock	(495,455)	(491,046)
Accumulated other comprehensive income (loss)	106	(182)
Total stockholders’ equity	588,826	530,879
Total liabilities and stockholders’ equity	$ 1,210,124	$ 1,176,231