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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 500,164 $ 132,517
Restricted cash 1,307 1,308
Accounts receivable, net of allowance of $12,581 and $13,360 as of June 30, 2022 and December 31, 2021, respectively 166,746 171,622
Contract assets, net of allowance of $564 and $576 as of June 30, 2022 and December 31, 2021 49,029 63,429
Prepaid expenses and other current assets 91,521 60,511
Assets held for sale 20,000 331,955
Total current assets attributable to discontinued operations 828,767 761,342
Fixed assets, net 14,971 9,819
Software development costs, net 82,541 74,688
Intangible assets, net 149,210 149,690
Goodwill 524,149 506,607
Deferred taxes, net 7 0
Contract assets - long-term, net of allowance of $1,201 and $1,534 as of June 30 2022 and December 31, 2021, respectively 19,358 28,174
Right-of-use assets - operating leases 15,904 18,324
Other assets 79,309 83,429
Long-term assets attributable to discontinued operations 0 793,156
Total assets 1,714,216 2,425,229
Current liabilities:    
Accounts payable 18,014 5,281
Accrued expenses 82,964 54,518
Accrued compensation and benefits 34,001 31,055
Deferred revenue 84,882 120,748
Current operating lease liabilities 6,095 6,133
Current liabilities attributable to discontinued operations 30,372 329,347
Total current liabilities attributable to discontinued operations 256,328 547,082
Long-term debt 199,895 350,062
Deferred revenue 2,021 1,839
Deferred taxes, net 10,861 16,625
Long-term operating lease liabilities 13,873 16,754
Other liabilities 34,890 33,823
Long-term liabilities attributable to discontinued operations 0 50,906
Total liabilities 517,868 1,017,091
Commitments and contingencies
Stockholders’ equity:    
Preferred stock: $0.01 par value, 1,000 shares authorized, no shares issued and outstanding as of June 30, 2022 and December 31, 2021 0 0
Common stock: $0.01 par value, 349,000 shares authorized as of June 30, 2022 and December 31, 2021; 279,175 and 110,793 shares issued and outstanding as of June 30, 2022, respectively; 276,705 and 116,114 shares issued and outstanding as of December 31, 2021, respectively 2,790 2,766
Treasury stock: at cost, 168,383 and 160,591 shares as of June 30, 2022 and December 31, 2021, respectively (1,465,177) (1,321,805)
Additional paid-in capital 1,923,805 1,962,386
Retained earnings 738,864 767,556
Accumulated other comprehensive loss (3,934) (2,765)
Total stockholders’ equity 1,196,348 1,408,138
Total liabilities and stockholders’ equity $ 1,714,216 $ 2,425,229