XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 99,132 $ 81,633
Accounts receivable, net of allowances of $9,162 in 2025 and $9,301 in 2024 180,208 223,238
Income taxes receivable 3,760 10,389
Prepaid expenses 5,289 7,848
Insurance recovery receivable 5,632 9,255
Other current assets 1,092 2,637
Total current assets 295,113 335,000
Property and equipment, net of accumulated depreciation of $25,547 in 2025 and $19,285 in 2024 28,269 28,850
Operating lease right-of-use assets 1,851 2,468
Goodwill 135,060 135,060
Other intangible assets, net 35,523 42,186
Deferred tax assets 9,460 8,104
Insurance recovery receivable 14,893 20,928
Cloud computing 12,855 10,846
Other assets 5,207 5,809
Total assets 538,231 589,251
Current liabilities:    
Accounts payable and accrued expenses 42,311 64,946
Accrued compensation and benefits 41,856 47,646
Operating lease liabilities 846 2,089
Earnout liability 0 4,411
Other current liabilities 531 1,310
Total current liabilities 85,544 120,402
Operating lease liabilities 1,358 1,782
Accrued claims 29,266 34,425
Uncertain tax positions 10,346 10,117
Other liabilities 3,575 3,566
Total liabilities 130,089 170,292
Commitments and contingencies
Stockholders’ equity:    
Common stock 3 3
Additional paid-in capital 203,529 202,338
Accumulated other comprehensive loss (1,526) (1,441)
Retained earnings 206,136 218,059
Total stockholders’ equity 408,142 418,959
Total liabilities and stockholders’ equity $ 538,231 $ 589,251