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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 13,841 $ 6,482
Restricted cash - current [1] 68,146  
Contract receivables, net 222,850 261,176
Contract assets 143,369 142,337
Prepaid expenses and other assets 25,492 17,402
Income tax receivable 1,977 7,320
Total Current Assets 475,675 434,717
Total Property and Equipment, net 62,434 58,237
Other Assets:    
Goodwill 909,913 719,934
Other intangible assets, net 59,887 25,829
Operating lease - right-of-use assets 127,132 133,965
Other assets 32,249 23,352
Total Assets 1,667,290 1,396,034
Current Liabilities:    
Current portion of long-term debt 10,000  
Accounts payable 91,365 134,578
Contract liabilities 42,050 37,413
Operating lease liabilities - current 23,350 32,500
Accrued salaries and benefits 80,512 52,130
Accrued subcontractors and other direct costs 78,842 45,619
Accrued expenses and other current liabilities 100,908 36,811
Total Current Liabilities 427,027 339,051
Long-term Liabilities:    
Long-term debt 303,214 164,261
Operating lease liabilities - non-current 115,614 119,250
Deferred income taxes 34,330 37,621
Other long-term liabilities 40,144 21,300
Total Liabilities 920,329 681,483
Commitments and Contingencies (Note 20)
Stockholders’ Equity:    
Preferred stock, par value $.001 per share; 5,000,000 shares authorized; none issued
Common stock, $.001 par value; 70,000,000 shares authorized; 23,305,255 and 22,846,374 shares issued; and 18,909,983 and 18,867,555 shares outstanding at December 31, 2020 and December 31, 2019, respectively 23 23
Additional paid-in capital 369,058 346,795
Retained earnings 588,731 544,840
Treasury stock, 4,395,272 and 3,978,819 shares at December 31, 2020 and 2019, respectively 196,745 164,963
Accumulated other comprehensive loss (14,106) (12,144)
Total Stockholders’ Equity 746,961 714,551
Total Liabilities and Stockholders’ Equity $ 1,667,290 $ 1,396,034
[1] Restricted cash – current at the beginning of the year ended December 31, 2018 represents amounts held in an escrow account for the acquisition of The Future Customer (“TFC”).