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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 2,749 $ 4,652
Restricted cash 37,320 23,951
Accounts receivable, net 293,890 216,175
Other current assets 25,694 24,213
Current assets before funds held for clients 359,653 268,991
Funds held for clients 175,451 167,440
Total current assets 535,104 436,431
Non-current assets:    
Property and equipment, net 42,531 41,346
Goodwill and other intangible assets, net 843,246 756,750
Assets of deferred compensation plan 136,059 127,332
Operating lease right-of-use assets, net 152,131 147,843
Other non-current assets 3,697 4,052
Total non-current assets 1,177,664 1,077,323
Total assets 1,712,768 1,513,754
Current liabilities:    
Accounts payable 75,607 64,119
Income taxes payable 7,971 2,788
Accrued personnel costs 96,924 79,978
Contingent purchase price liabilities 32,747 20,288
Operating lease liabilities 31,449 30,483
Other current liabilities 21,769 13,629
Current liabilities before client fund obligations 266,467 211,285
Client fund obligations 175,364 166,989
Total current liabilities 441,831 378,274
Non-current liabilities:    
Bank debt 190,200 108,000
Debt issuance costs (538) (808)
Total long-term debt 189,662 107,192
Income taxes payable 1,836 1,775
Deferred income taxes, net 16,226 8,752
Deferred compensation plan obligations 136,059 127,332
Contingent purchase price liabilities 51,881 34,103
Operating lease liabilities 145,229 142,020
Other non-current liabilities 9,397 11,686
Total non-current liabilities 550,290 432,860
Total liabilities 992,121 811,134
STOCKHOLDERS' EQUITY    
Common stock 1,351 1,341
Additional paid in capital 765,329 740,970
Retained earnings 638,382 557,875
Treasury stock (683,217) (595,297)
Accumulated other comprehensive loss (1,198) (2,269)
Total stockholders’ equity 720,647 702,620
Total liabilities and stockholders’ equity $ 1,712,768 $ 1,513,754