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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,040 $ 1,997
Restricted cash 39,555 30,383
Accounts receivable, net 398,970 242,168
Other current assets 17,065 19,217
Current assets before funds held for clients 457,630 293,765
Funds held for clients 125,451 157,909
Total current assets 583,081 451,674
Non-current assets:    
Property and equipment, net 45,469 43,423
Goodwill and other intangible assets, net 957,186 840,783
Assets of deferred compensation plan 111,060 136,321
Operating lease right-of-use assets, net 191,699 151,145
Other non-current assets 11,123 4,588
Total non-current assets 1,316,537 1,176,260
Total assets 1,899,618 1,627,934
Current liabilities:    
Accounts payable 74,247 65,757
Income taxes payable 14,037 1,671
Accrued personnel costs 125,310 114,032
Contingent purchase price liabilities 61,355 34,373
Operating lease liabilities 36,519 30,586
Other current liabilities 19,045 18,755
Current liabilities before client fund obligations 330,513 265,174
Client fund obligations 128,091 158,115
Total current liabilities 458,604 423,289
Non-current liabilities:    
Bank debt 271,100 155,300
Debt issuance costs (2,164) (449)
Total long-term debt, net 268,936 154,851
Income taxes payable 2,069 1,727
Deferred income taxes, net 22,566 15,440
Deferred compensation plan obligations 111,060 136,321
Contingent purchase price liabilities 79,853 44,766
Operating lease liabilities 181,841 145,808
Other non-current liabilities 564 1,184
Total non-current liabilities 666,889 500,097
Total liabilities 1,125,493 923,386
STOCKHOLDERS' EQUITY    
Common stock 1,361 1,352
Additional paid in capital 793,514 770,117
Retained earnings 745,614 628,762
Treasury stock (769,981) (694,716)
Accumulated other comprehensive income (loss) 3,617 (967)
Total stockholders’ equity 774,125 704,548
Total liabilities and stockholders’ equity $ 1,899,618 $ 1,627,934