Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 2,723	$ 640
Restricted cash	35,739	27,481
Accounts receivable, net	260,969	207,287
Other current assets	25,020	26,841
Current assets before funds held for clients	324,451	262,249
Funds held for clients	123,448	161,289
Total current assets	447,899	423,538
Non-current assets:
Property and equipment, net	38,118	34,205
Goodwill and other intangible assets, net	658,442	637,009
Assets of deferred compensation plan	100,529	84,435
Operating lease right-of-use asset, net	148,870
Other non-current assets	3,205	3,844
Total non-current assets	949,164	759,493
Total assets	1,397,063	1,183,031
Current liabilities:
Accounts payable	63,725	58,630
Income taxes payable	7,104	464
Accrued personnel costs	54,830	63,953
Contingent purchase price liability	15,839	22,538
Operating lease liability	29,513
Other current liabilities	15,937	13,656
Current liabilities before client fund obligations	186,948	159,241
Client fund obligations	123,133	162,073
Total current liabilities	310,081	321,314
Non-current liabilities:
Bank debt	160,000	135,500
Debt issuance costs	(1,256)	(1,526)
Total long-term debt	158,744	133,974
Income taxes payable	3,681	3,402
Deferred income taxes, net	9,882	6,764
Deferred compensation plan obligations	100,529	84,435
Contingent purchase price liability	16,030	17,170
Operating lease liability	139,796
Other non-current liabilities	2,024	22,309
Total non-current liabilities	430,686	268,054
Total liabilities	740,767	589,368
STOCKHOLDERS' EQUITY
Common stock	1,324	1,314
Additional paid in capital	706,450	692,398
Retained earnings	480,729	408,963
Treasury stock	(531,356)	(508,530)
Accumulated other comprehensive income (loss)	(851)	(482)
Total stockholders’ equity	656,296	593,663
Total liabilities and stockholders’ equity	$ 1,397,063	$ 1,183,031