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SUPPLEMENTAL CONDENSED CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2024
Supplemental Consolidated Balance Sheet & Statement of Operations Information [Abstract]  
Schedule of Prepaid and Other Current Assets
The following table summarizes Prepaid expenses and other current assets as of September 30, 2024 and December 31, 2023 (in thousands):
September 30, 2024December 31, 2023
Prepaid expenses$10,812 $9,799 
Income taxes receivable2,582 5,349 
Deferred cloud implementation costs, net (1)
389 14,627 
Restricted cash (2)
28,506 26,075 
Other4,486 7,797 
Total prepaid expenses and other current assets$46,775 $63,647 
(1) The decrease in Deferred cloud implementation costs, net relates to amortization.
(2) Primarily consists of cash collateral related to our letters of credit. See Note 5, Financing Arrangements, for additional information.
Schedule of Other Non-Current Assets
The following table summarizes Other non-current assets as of September 30, 2024 and December 31, 2023 (in thousands):
September 30, 2024December 31, 2023
Deferred contract acquisition costs, net
$2,921 $2,940 
Other4,784 3,155 
Total other non-current assets$7,705 $6,095 
Schedule of Accrued Expenses and Other Current Liabilities
The following table summarizes Accrued expenses and other current liabilities as of September 30, 2024 and December 31, 2023 (in thousands):
September 30, 2024December 31, 2023
Refund reserve$4,233 $4,445 
Compensation and benefits11,630 10,717 
Accrued marketing10,160 8,771 
Customer credits23,834 26,595 
Operating lease obligations
4,173 7,121 
Income taxes payable
6,164 1,072 
Foreign VAT assessments (1)
8,874 — 
Accrued consulting and professional fees
3,475 4,295 
Other26,694 38,923 
Total accrued expenses and other current liabilities$99,237 $101,939 
(1) See Note 6, Commitments and Contingencies, for additional information.
Schedule of Other Non-current Liabilities
The following table summarizes Other non-current liabilities as of September 30, 2024 and December 31, 2023 (in thousands):
September 30, 2024December 31, 2023
Contingent income tax liabilities$11,261 $9,373 
Deferred income taxes2,553 2,525 
Other1,159 1,364 
Total other non-current liabilities$14,973 $13,262 
Schedule of Other Income (Expense)
The following table summarizes Other income (expense), net for the three and nine months ended September 30, 2024 and 2023 (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2024202320242023
Interest income$1,480 $1,002 $3,811 $9,749 
Interest expense(2,111)(2,834)(6,037)(13,949)
Gain (loss) from changes in fair value of investment (1)
— (25,847)— (25,847)
Foreign currency gains (losses), net and other (2)
23,060 (11,846)7,490 (11,213)
Total other income (expense), net
$22,429 $(39,525)$5,264 $(41,260)
(1) Gain (loss) from changes in fair value of investment for the three and nine months ended September 30, 2023 is due to a remeasurement of our investment in SumUp. See Note 3, Investments, for additional information.
(2) Foreign currency gains (losses), net and other for the three and nine months ended September 30, 2024 is primarily due to favorable foreign currency fluctuations on intercompany balances with our subsidiaries.