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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 93,567 $ 71,684
Accounts receivable 285,192 296,376
Allowance for doubtful accounts (8,036) (9,303)
Prepaid income taxes 21,169 18,406
Prepaid and other current assets 39,849 38,732
Total current assets 431,741 415,895
Property and equipment, net 33,038 32,251
Operating lease right-of-use assets 38,946 40,249
Intangible assets, net 283,969 292,271
Goodwill 2,247,797 2,237,184
Investments 32,010 22,270
Deferred income taxes 52,484 52,636
Other assets 68,037 72,249
Total assets 3,188,022 3,165,005
Current liabilities:    
Accounts payable 28,781 15,176
Accruals and other current liabilities 420,935 362,048
Deferred revenues 234,775 226,955
Operating lease liabilities 14,147 14,672
Income taxes payable 14,862 4,507
Current portion of long-term debt 6,250 5,000
Total current liabilities 719,750 628,358
Long-term debt 1,668,781 1,775,696
Deferred compensation plan liabilities 80,674 77,014
Long-term operating lease liabilities 26,651 27,670
Deferred revenues 15,972 16,118
Deferred income taxes 46,564 51,235
Income taxes payable 8,127 8,105
Other liabilities 7,313 7,355
Total liabilities 2,573,832 2,591,551
Commitments and contingencies (Note 18)
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 100,000,000 shares; none issued or outstanding as of March 31, 2023 and December 31, 2022 0 0
Class A Common Stock, $0.01 par value, authorized 100,000,000 shares; issued and outstanding 11,601,757 shares as of March 31, 2023 and December 31, 2022, and Class B Common Stock, $0.01 par value, authorized 1,800,000,000 shares; issued and outstanding 279,899,514 and 277,412,730 shares as of March 31, 2023 and December 31, 2022, respectively 2,915 2,890
Additional paid-in capital 1,060,842 1,030,466
Accumulated other comprehensive loss (89,374) (89,740)
Accumulated deficit (360,897) (370,866)
Non-controlling interest 704 704
Total stockholders’ equity 614,190 573,454
Total liabilities and stockholders’ equity $ 3,188,022 $ 3,165,005