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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 7,883 $ 13,841
Restricted cash [1] 34,419 68,146
Contract receivables, net 215,323 222,850
Contract assets 154,804 143,369
Prepaid expenses and other assets 31,109 25,492
Income tax receivable 4,999 1,977
Total Current Assets 448,537 475,675
Property and Equipment, net 51,602 62,434
Other Assets:    
Goodwill 909,226 909,913
Other intangible assets, net 50,816 59,887
Operating lease - right-of-use assets 103,923 127,132
Other assets 41,509 32,249
Total Assets 1,605,613 1,667,290
Current Liabilities:    
Current portion of long-term debt 10,000 10,000
Accounts payable 96,644 91,365
Contract liabilities 38,108 42,050
Operating lease liabilities - current 35,418 23,350
Accrued salaries and benefits 89,790 80,512
Accrued subcontractors and other direct costs 41,782 78,842
Accrued expenses and other current liabilities 70,435 100,908
Total Current Liabilities 382,177 427,027
Long-term Liabilities:    
Long-term debt 269,732 303,214
Operating lease liabilities - non-current 87,532 115,614
Deferred income taxes 39,202 34,330
Other long-term liabilities 36,418 40,144
Total Liabilities 815,061 920,329
Commitments and Contingencies (Note 18)
Stockholders’ Equity:    
Preferred stock, par value $.001; 5,000,000 shares authorized; none issued
Common stock, par value $.001; 70,000,000 shares authorized; 23,497,782 and 23,305,255 shares issued at September 30, 2021 and December 31, 2020, respectively; 18,869,892 and 18,909,983 shares outstanding at September 30, 2021 and December 31, 2020, respectively 23 23
Additional paid-in capital 380,215 369,058
Retained earnings 639,862 588,731
Treasury stock, 4,627,890 and 4,395,272 shares at September 30, 2021 and December 31, 2020, respectively (216,683) (196,745)
Accumulated other comprehensive loss (12,865) (14,106)
Total Stockholders’ Equity 790,552 746,961
Total Liabilities and Stockholders’ Equity $ 1,605,613 $ 1,667,290
[1] Under a contract with a customer that commenced in the fourth quarter of fiscal year 2020, the Company received advance payments to be used to pay providers of services to the customer, a separate third-party. The advanced payments are treated as restricted cash as the Company is required under the contract to distribute the advanced funds to the third-party providers of services or return the advanced funds to the customer. Because the Company receives the advance payments from the customer, which must be refunded to the customer or remitted to a third party, the cash receipts are treated as borrowings and recorded in restricted cash and accrued expenses and other current