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Other Balance Sheet Items
 6 Months Ended
Jun. 30, 2025
Balance Sheet Related Disclosures [Abstract]  
Other Balance Sheet Items Selected Balance Sheet Items
Other Current Assets
Other current assets consist of the following: 
June 30,December 31,
20252024
(In millions)
Prepaid expenses$31.5 $30.8 
Prepaid registry fees26.0 24.3 
Taxes receivable22.0 2.2 
Accounts receivable, net5.8 5.6 
Other3.2 1.0 
Total other current assets$88.5 $63.9 
The taxes receivable balance fluctuates from period to period due to the timing of estimated income tax payments in the Company’s major tax jurisdictions.
Other Long-term Assets
Other long-term assets consist of the following: 
June 30,December 31,
20252024
(In millions)
Long-term prepaid expenses$10.0 $13.5 
Long-term prepaid registry fees8.4 8.2 
Operating lease right-of-use asset8.0 9.3 
Restricted cash5.3 5.4 
Other2.9 3.0 
Total other long-term assets$34.6 $39.4 
The prepaid registry fees in the tables above relate to the fees the Company pays to ICANN for each annual term of .com domain name registrations and renewals which are deferred and amortized over the domain name registration term.
Accounts Payable and Accrued Liabilities
Accounts payable and accrued liabilities consist of the following: 
June 30,December 31,
20252024
 (In millions)
Accounts payable and accrued expenses$8.1 $10.6 
Customer deposits76.1 64.6 
Accrued employee compensation51.0 66.9 
Taxes payable42.4 65.8 
Interest payable15.1 19.5 
Accrued registry fees13.9 12.6 
Customer incentives payable11.4 8.9 
Current operating lease liabilities4.7 5.2 
Other accrued liabilities2.6 3.7 
Total accounts payable and accrued liabilities$225.3 $257.8 
Customer deposits varies from period to period due to the timing of payments from certain large customers. Accrued employee compensation primarily consists of liabilities for employee leave, salaries, payroll taxes, employee contributions to the employee stock purchase plan, and incentive compensation. Accrued employee incentive compensation as of December 31, 2024 was paid during the six months ended June 30, 2025. Taxes payable reflects amounts accrued for the income tax provision and payments made during the period. This balance fluctuates from period to period due to the timing of income tax payments in the Company’s major tax jurisdictions. Interest payable varies at each period-end based on the payment due dates for each senior note issuance.