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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 280,724 $ 199,449
Time deposits 0 30,181
Accounts receivable, net of allowance of $2,997 and $1,729, respectively 178,796 174,617
Unbilled revenues 96,045 95,808
Prepaid and other current assets 15,273 14,344
Employee loans, net of allowance of $0 and $0, respectively 2,684 2,689
Deferred tax assets 0 11,847
Total current assets 573,522 528,935
Property and equipment, net 66,751 60,499
Restricted cash 246 238
Employee loans, net of allowance of $0 and $0, respectively 3,478 3,649
Intangible assets, net 55,962 46,860
Goodwill 110,668 115,930
Deferred tax assets 25,991 18,312
Other long-term assets 7,270 4,113
Total assets 843,888 778,536
Current liabilities    
Accounts payable 3,005 2,576
Accrued expenses and other liabilities 29,557 60,749
Deferred revenue 3,356 3,047
Due to employees 33,421 26,703
Deferred compensation due to employees 910 5,364
Taxes payable 21,765 29,472
Total current liabilities 92,014 127,911
Long-term debt 40,088 35,000
Deferred tax liabilities 2,819 2,402
Total liabilities 134,921 165,313
Commitments and contingencies (Note 9)
Stockholders’ equity    
Common stock, $0.001 par value; 160,000,000 authorized; 50,884,007 and 50,177,044 shares issued, 50,866,612 and 50,166,537 shares outstanding at June 30, 2016 and December 31, 2015, respectively 50 49
Additional paid-in capital 348,527 303,363
Retained earnings 393,383 345,054
Treasury stock (156) (93)
Accumulated other comprehensive loss (32,837) (35,150)
Total stockholders’ equity 708,967 613,223
Total liabilities and stockholders’ equity $ 843,888 $ 778,536