Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 6,113	$ 567
Restricted cash	25,275	29,595
Accounts receivable, net	248,886	222,031
Other current assets	21,862	24,325
Current assets before funds held for clients	302,136	276,518
Funds held for clients	123,755	179,502
Total current assets	425,891	456,020
Non-current assets:
Property and equipment, net	41,733	39,412
Goodwill and other intangible assets, net	695,562	654,671
Assets of deferred compensation plan	113,749	106,851
Operating lease right-of-use asset, net	143,880	140,831
Other non-current assets	4,301	2,989
Total non-current assets	999,225	944,754
Total assets	1,425,116	1,400,774
Current liabilities:
Accounts payable	50,592	68,510
Income taxes payable	10,175	57
Accrued personnel costs	55,326	59,898
Contingent purchase price liability	15,430	16,193
Operating lease liability	29,232	29,030
Other current liabilities	14,082	13,218
Current liabilities before client fund obligations	174,837	186,906
Client fund obligations	123,219	179,020
Total current liabilities	298,056	365,926
Non-current liabilities:
Bank debt	110,000	105,500
Debt issuance costs	(897)	(1,167)
Total long-term debt	109,103	104,333
Income taxes payable	3,308	3,053
Deferred income taxes, net	9,332	11,720
Deferred compensation plan obligations	113,749	106,851
Contingent purchase price liability	18,678	15,896
Operating lease liability	139,257	132,018
Other non-current liabilities	15,629	1,739
Total non-current liabilities	409,056	375,610
Total liabilities	707,112	741,536
STOCKHOLDERS' EQUITY
Common stock	1,338	1,331
Additional paid in capital	731,696	714,704
Retained earnings	557,969	479,576
Treasury stock	(570,504)	(535,693)
Accumulated other comprehensive loss	(2,495)	(680)
Total stockholders’ equity	718,004	659,238
Total liabilities and stockholders’ equity	$ 1,425,116	$ 1,400,774