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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 9,111 $ 12,829
Accounts receivable, net 201,498 169,905
Prepaid expenses 10,832 5,785
Deferred tax assets 4,301 433
Other current assets 1,218 1,298
Total current assets 226,960 190,250
Property, equipment and leasehold improvements, net 14,528 10,950
Goodwill 504,627 369,312
Intangible assets, net 119,105 94,864
Long-term accounts receivable, less current portion 46,462 35,952
Deferred tax assets, noncurrent 19,633 21,491
Deferred financing costs, net 6,722 8,193
Other assets 1,980 1,501
Total assets 940,017 [1],[2],[3] 732,513
Current liabilities:    
Accounts payable 62,464 52,672
Accrued expenses 46,221 38,448
Accrued interest expense 5,075 10,431
Deferred revenue 6,389 5,795
Subordinated unsecured notes payable   318
Current portion of contingent earnout obligation 4,675 2,032
Current portion of working capital facilities 44,668  
Other current liabilities 7,839 6,438
Total current liabilities 177,331 116,134
Senior unsecured notes payable 250,000 250,000
Senior secured revolving credit facility and working capital facilities, less current portion 163,358 82,970
Long-term contingent earnout obligation, less current portion 2,179 2,373
Other long-term liabilities 9,119 8,165
Total liabilities 601,987 459,642
Commitments and contingencies      
Stockholders’ equity:    
Preferred stock, $0.0001 par value; Authorized 50,000,000 shares; no shares issued and outstanding at December 31, 2013 and September 30, 2014 0 0
Common stock, $0.0001 par value; Authorized 250,000,000 shares; issued and outstanding 36,928,212 and 39,906,919 shares at December 31, 2013 and September 30, 2014, respectively 4 4
Additional paid-in capital 396,482 333,996
Accumulated other comprehensive loss (9,922) (5,937)
Accumulated deficit (40,046) (46,704)
Treasury stock, at cost; Outstanding 905,349 shares at December 31, 2013 and September 30, 2014 (8,488) (8,488)
Total stockholders’ equity 338,030 272,871
Total liabilities and stockholders' equity $ 940,017 $ 732,513
[1] For segment purposes, the Company defines segment profit as earnings before interest expenses, income taxes, depreciation and amortization, share-based compensation expenses, acquisition related transaction costs and other expenses. A consolidated reconciliation from segment profit to income from operations is included below.
[2] Long-lived assets are noncurrent assets excluding deferred tax assets and deferred financing costs.
[3] Total assets and long-lived assets include goodwill. Goodwill recorded in connection with certain tax benefits to be realized in the Company's U.S. income tax returns has been reflected in the United States segment.