Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 9,620	$ 567
Restricted cash	42,411	29,595
Accounts receivable, net	267,198	222,031
Other current assets	22,472	24,325
Current assets before funds held for clients	341,701	276,518
Funds held for clients	130,473	179,502
Total current assets	472,174	456,020
Non-current assets:
Property and equipment, net	40,199	39,412
Goodwill and other intangible assets, net	661,180	654,671
Assets of deferred compensation plan	107,709	106,851
Operating lease right-of-use asset, net	143,143	140,831
Other non-current assets	3,203	2,989
Total non-current assets	955,434	944,754
Total assets	1,427,608	1,400,774
Current liabilities:
Accounts payable	86,484	68,510
Income taxes payable	17,803	57
Accrued personnel costs	40,185	59,898
Contingent purchase price liability	15,646	16,193
Operating lease liability	28,305	29,030
Other current liabilities	14,934	13,218
Current liabilities before client fund obligations	203,357	186,906
Client fund obligations	129,942	179,020
Total current liabilities	333,299	365,926
Non-current liabilities:
Bank debt	120,000	105,500
Debt issuance costs	(987)	(1,167)
Total long-term debt	119,013	104,333
Income taxes payable	3,245	3,053
Deferred income taxes, net	12,332	11,720
Deferred compensation plan obligations	107,709	106,851
Contingent purchase price liability	11,815	15,896
Operating lease liability	135,013	132,018
Other non-current liabilities	9,962	1,739
Total non-current liabilities	399,089	375,610
Total liabilities	732,388	741,536
STOCKHOLDERS' EQUITY
Common stock	1,335	1,331
Additional paid in capital	725,064	714,704
Retained earnings	537,892	479,576
Treasury stock	(566,762)	(535,693)
Accumulated other comprehensive loss	(2,309)	(680)
Total stockholders’ equity	695,220	659,238
Total liabilities and stockholders’ equity	$ 1,427,608	$ 1,400,774