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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,047,118 $ 583,173
Investments in short-term debt securities 492,456 540,991
Settlements receivable 588,692 364,946
Customer funds 676,292 334,017
Loans held for sale 164,834 89,974
Other current assets 250,409 198,804
Total current assets 3,219,801 2,111,905
Property and equipment, net 149,194 142,402
Goodwill 266,345 261,705
Acquired intangible assets, net 69,079 77,102
Investments in long-term debt securities 537,303 464,680
Build-to-suit lease asset 0 149,000
Operating lease right-of-use assets 113,148  
Other non-current assets 196,388 74,229
Total assets 4,551,258 3,281,023
Current liabilities:    
Customers payable 1,273,135 749,215
Settlements payable 95,834 54,137
Accrued expenses and other current liabilities 128,387 82,354
Operating lease liabilities, current 27,275  
Total current liabilities 1,694,085 1,018,541
Long-term debt 938,832 899,695
Build-to-suit lease liability 0 149,000
Operating lease liabilities, non-current 108,830  
Other non-current liabilities 94,461 93,286
Total liabilities 2,836,208 2,160,522
Commitments and contingencies (Note 18)
Stockholders’ equity:    
Preferred stock, $0.0000001 par value: 100,000,000 shares authorized at December 31, 2019 and December 31, 2018. None issued and outstanding at December 31, 2019 and December 31, 2018. 0 0
Additional paid-in capital 2,223,749 2,012,328
Accumulated other comprehensive income (loss) 1,629 (6,053)
Accumulated deficit (510,328) (885,774)
Total stockholders’ equity 1,715,050 1,120,501
Total liabilities and stockholders’ equity 4,551,258 3,281,023
Accrued Liabilities and Other Liabilities 297,841 215,189
Class A    
Stockholders’ equity:    
Common stock 0 0
Class B    
Stockholders’ equity:    
Common stock $ 0 $ 0