Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 2,628	$ 640
Restricted cash	30,126	27,481
Accounts receivable, net	271,781	207,287
Other current assets	26,060	26,841
Current assets before funds held for clients	330,595	262,249
Funds held for clients	127,420	161,289
Total current assets	458,015	423,538
Non-current assets:
Property and equipment, net	36,848	34,205
Goodwill and other intangible assets, net	632,425	637,009
Assets of deferred compensation plan	100,365	84,435
Operating lease right-of-use asset, net	145,303
Other non-current assets	3,967	3,844
Total non-current assets	918,908	759,493
Total assets	1,376,923	1,183,031
Current liabilities:
Accounts payable	87,668	58,630
Income taxes payable	7,307	464
Accrued personnel costs	42,251	63,953
Contingent purchase price liability	18,824	22,538
Operating lease liability	29,100
Other current liabilities	12,460	13,656
Current liabilities before client fund obligations	197,610	159,241
Client fund obligations	127,126	162,073
Total current liabilities	324,736	321,314
Non-current liabilities:
Bank debt	159,000	135,500
Debt issuance costs	(1,346)	(1,526)
Total long-term debt	157,654	133,974
Income taxes payable	3,603	3,402
Deferred income taxes, net	8,504	6,764
Deferred compensation plan obligations	100,365	84,435
Contingent purchase price liability	9,181	17,170
Operating lease liability	136,958
Other non-current liabilities	1,862	22,309
Total non-current liabilities	418,127	268,054
Total liabilities	742,863	589,368
STOCKHOLDERS' EQUITY
Common stock	1,321	1,314
Additional paid in capital	700,800	692,398
Retained earnings	462,923	408,963
Treasury stock	(530,262)	(508,530)
Accumulated other comprehensive income (loss)	(722)	(482)
Total stockholders’ equity	634,060	593,663
Total liabilities and stockholders’ equity	$ 1,376,923	$ 1,183,031