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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 4,677 $ 4,652
Restricted cash 39,268 23,951
Accounts receivable, net 292,496 216,175
Other current assets 33,310 24,213
Current assets before funds held for clients 369,751 268,991
Funds held for clients 139,420 167,440
Total current assets 509,171 436,431
Non-current assets:    
Property and equipment, net 40,069 41,346
Goodwill and other intangible assets, net 807,939 756,750
Assets of deferred compensation plan 142,330 127,332
Operating lease right-of-use assets, net 153,457 147,843
Other non-current assets 3,662 4,052
Total non-current assets 1,147,457 1,077,323
Total assets 1,656,628 1,513,754
Current liabilities:    
Accounts payable 99,018 64,119
Income taxes payable 2,397 2,788
Accrued personnel costs 72,917 79,978
Contingent purchase price liabilities 22,407 20,288
Operating lease liabilities 30,880 30,483
Other current liabilities 56,979 13,629
Current liabilities before client fund obligations 284,598 211,285
Client fund obligations 139,166 166,989
Total current liabilities 423,764 378,274
Non-current liabilities:    
Bank debt 163,300 108,000
Debt issuance costs (628) (808)
Total long-term debt 162,672 107,192
Income taxes payable 1,396 1,775
Deferred income taxes, net 14,399 8,752
Deferred compensation plan obligations 142,330 127,332
Contingent purchase price liabilities 43,780 34,103
Operating lease liabilities 146,087 142,020
Other non-current liabilities 9,868 11,686
Total non-current liabilities 520,532 432,860
Total liabilities 944,296 811,134
STOCKHOLDERS' EQUITY    
Common stock 1,349 1,341
Additional paid in capital 757,421 740,970
Retained earnings 616,691 557,875
Treasury stock (661,772) (595,297)
Accumulated other comprehensive loss (1,357) (2,269)
Total stockholders’ equity 712,332 702,620
Total liabilities and stockholders’ equity $ 1,656,628 $ 1,513,754