XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 133,770 $ 205,635
Short-term investments 1,265 28,037
Total cash, cash equivalents and short-term investments 135,035 233,672
Settlement and merchant reserve assets 213,460 186,267
Trade accounts receivable:    
Billed, net of allowance of $5,105 and $4,250 236,577 244,317
Unbilled 46,433 35,802
Income taxes receivable 19,563 6,414
Other current assets 57,187 41,727
Total current assets 708,255 748,199
Non-current assets:    
Property and equipment, net of depreciation of $116,948 and $111,244 75,676 73,580
Operating lease right-of-use assets 58,629 86,034
Intangible assets 76,823 86,964
Goodwill 301,222 321,330
Customer contract costs, net of amortization of $30,578 and $32,410 48,530 46,618
Deferred income taxes 8,251 8,584
Other assets 13,293 15,840
Total non-current assets 582,424 638,950
Total assets 1,290,679 1,387,149
Current liabilities:    
Current portion of long-term debt 252,500 237,500
Operating lease liabilities 21,387 23,270
Customer deposits 32,921 43,546
Trade accounts payable 34,182 35,397
Accrued employee compensation 52,464 91,115
Settlement and merchant reserve liabilities 212,036 185,276
Deferred revenue 52,514 53,748
Income taxes payable 653 398
Other current liabilities 24,780 24,852
Total current liabilities 683,437 695,102
Non-current liabilities:    
Long-term debt, net of unamortized discounts of $3,030 and $3,406 133,845 137,219
Operating lease liabilities 59,169 70,068
Deferred revenue 19,382 19,599
Income taxes payable 4,014 4,058
Deferred income taxes 196 7,752
Other non-current liabilities 13,614 13,107
Total non-current liabilities 230,220 251,803
Total liabilities 913,657 946,905
Stockholders' equity:    
Preferred stock, par value $.01 per share; 10,000 shares authorized; zero shares issued and outstanding 0 0
Common stock, par value $.01 per share; 100,000 shares authorized; 32,195 and 32,495 shares outstanding 709 705
Additional paid-in capital 479,271 488,303
Treasury stock, at cost; 37,339 and 36,713 shares (967,659) (930,106)
Accumulated other comprehensive income (loss):    
Unrealized loss on short-term investments, net of tax (3) (6)
Cumulative foreign currency translation adjustments (55,529) (38,347)
Accumulated earnings 920,233 916,060
Total CSG stockholders' equity 377,022 436,609
Noncontrolling interest 0 3,635
Total stockholders' equity 377,022 440,244
Total liabilities and stockholders' equity 1,290,679 1,387,149
Software    
Non-current assets:    
Intangible assets 25,855 29,757
Acquired customer contracts    
Non-current assets:    
Intangible assets $ 50,968 $ 57,207