XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 158.7 $ 173.8
Accounts receivable, net of $2.3 million and $3.7 million allowance 113.8 91.3
Accounts receivable, net of $0.1 million and $0.1 million allowance - related party 29.2 30.9
Prepaid expenses and other current assets 62.9 59.4
Total current assets 364.6 355.4
Property, equipment and software, net 99.3 93.7
Operating lease right-of-use assets 57.4 57.8
Intangible assets, net 272.4 171.1
Goodwill 551.9 375.3
Non-current deferred tax assets 55.8 73.7
Non-current portion of restricted cash equivalents 0.5 1.0
Other assets 81.5 61.0
Total assets 1,483.4 1,189.0
Current liabilities:    
Accounts payable 22.5 18.2
Current portion of customer liabilities 51.7 16.7
Current portion of customer liabilities - related party 7.6 15.3
Accrued compensation and benefits 86.6 51.9
Current portion of operating lease liabilities 11.8 12.2
Current portion of long-term debt 17.5 32.3
Other accrued expenses 59.7 59.7
Total current liabilities 257.4 206.3
Non-current portion of customer liabilities 4.4 0.0
Non-current portion of customer liabilities - related party 15.9 16.3
Non-current portion of operating lease liabilities 64.0 71.0
Long-term debt 779.1 519.7
Other non-current liabilities 28.5 36.3
Total liabilities 1,149.3 849.6
8.00% Series A convertible preferred stock, par value $0.01, no shares authorized, issued or outstanding as of September 30, 2021; 370,000 shares authorized, 288,497 shares issued and outstanding as of December 31, 2020 (aggregate liquidation value of $294.3) 0.0 251.5
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000,000 shares authorized, 295,885,508 shares issued and 277,492,322 shares outstanding at September 30, 2021; 137,812,559 shares issued and 121,144,038 shares outstanding at December 31, 2020 3.0 1.4
Additional paid-in capital 613.7 393.7
Accumulated deficit (100.3) (161.5)
Accumulated other comprehensive loss (6.6) (6.5)
Treasury stock, at cost, 18,393,186 shares as of September 30, 2021; 16,668,521 shares as of December 31, 2020 (175.7) (139.2)
Total stockholders’ equity 334.1 87.9
Total liabilities and stockholders’ equity $ 1,483.4 $ 1,189.0