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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 130.1 $ 173.8
Accounts receivable, net of $2.4 million and $3.7 million allowance 131.3 91.3
Accounts receivable, net of $0.1 million and $0.1 million allowance - related party 26.1 30.9
Prepaid expenses and other current assets 77.2 59.4
Total current assets 364.7 355.4
Property, equipment and software, net 94.7 93.7
Operating lease right-of-use assets 48.9 57.8
Non-current portion of deferred contract costs 23.4 19.6
Intangible assets, net 265.4 171.1
Goodwill 554.7 375.3
Non-current deferred tax assets 51.8 73.7
Non-current portion of restricted cash equivalents 0.0 1.0
Other assets 45.7 41.4
Total assets 1,449.3 1,189.0
Current liabilities:    
Accounts payable 17.7 18.2
Current portion of customer liabilities 41.5 16.7
Current portion of customer liabilities - related party 7.9 15.3
Accrued compensation and benefits 97.0 51.9
Current portion of operating lease liabilities 13.5 12.2
Current portion of long-term debt 17.5 32.3
Accrued expenses and other current liabilities 59.1 59.7
Total current liabilities 254.2 206.3
Non-current portion of customer liabilities 3.3 0.0
Non-current portion of customer liabilities - related party 15.4 16.3
Non-current portion of operating lease liabilities 53.4 71.0
Long-term debt 754.9 519.7
Other non-current liabilities 21.4 36.3
Total liabilities 1,102.6 849.6
8.00% Series A convertible preferred stock, par value $0.01, no shares authorized, issued or outstanding as of December 31, 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, 298,320,928 shares issued and 278,226,242 shares outstanding at December 31, 2021; 137,812,559 shares issued and 121,144,038 shares outstanding at December 31, 2020 3.0 1.4
Additional paid-in capital 628.5 393.7
Accumulated deficit (64.3) (161.5)
Accumulated other comprehensive loss (5.3) (6.5)
Treasury stock, at cost, 20,094,686 shares as of December 31, 2021; 16,668,521 shares as of December 31, 2020 (215.2) (139.2)
Total stockholders’ equity 346.7 87.9
Total liabilities and stockholders’ equity $ 1,449.3 $ 1,189.0