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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Mar. 31, 2019
Current assets:    
Cash and cash equivalents $ 741,901 $ 283,990
Accounts receivable, net of allowance 1,459,471 1,330,364
Prepaid expenses and other current assets 126,816 84,986
Total current assets 2,328,188 1,699,340
Property and equipment, net of accumulated depreciation 208,077 172,453
Operating lease right-of-use assets 240,122 0
Intangible assets, net of accumulated amortization 300,987 287,051
Goodwill 1,581,160 1,581,160
Other long-term assets 135,432 91,837
Total assets 4,793,966 3,831,841
Current liabilities:    
Current portion of long-term debt 177,865 57,924
Accounts payable and other accrued expenses 698,011 664,948
Accrued compensation and benefits 348,775 325,553
Operating lease liabilities 49,021 0
Other current liabilities 54,006 130,814
Total current liabilities 1,327,678 1,179,239
Long-term debt, net of current portion 2,007,979 1,701,837
Operating lease liabilities, net of current portion 270,266 0
Income tax reserves 56,130 11,509
Deferred tax liabilities 88,086 33,238
Other long-term liabilities 187,471 230,652
Total liabilities 3,937,610 3,156,475
Commitments and contingencies (Note 22)
Stockholders’ equity:    
Common stock, Class A — $0.01 par value — authorized, 600,000,000 shares; issued, 161,333,973 shares at March 31, 2020 and 159,924,825 shares at March 31, 2019; outstanding, 138,719,921 shares at March 31, 2020 and 140,027,853 shares at March 31, 2019 1,613 1,599
Treasury stock, at cost — 22,614,052 at March 31, 2020 and 19,896,972 shares at March 31, 2019 (898,095) (711,450)
Additional paid-in capital 468,027 401,596
Retained earnings 1,330,812 994,811
Accumulated other comprehensive loss (46,001) (11,190)
Total stockholders’ equity 856,356 675,366
Total liabilities and stockholders’ equity $ 4,793,966 $ 3,831,841