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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 15,519 $ 18,216
Accounts receivable, net of allowance of $18,042 in 2024 and $14,926 in 2023 193,725 205,503
Contract assets, net of allowance of $37 in 2024 and $35 in 2023 8,118 2,909
Taxes receivable 1,516 3,085
Prepaid expenses 23,124 17,771
Deferred costs 12,796 16,722
Other current assets 5,822 2,662
Total current assets 260,620 266,868
Fixed assets and capitalized software, net 37,805 38,599
Goodwill 300,995 302,400
Intangible assets, net 6,640 18,788
Deferred tax assets 152,171 128,051
Other assets 27,252 28,464
Total assets 785,483 783,170
Current liabilities    
Accounts payable 8,661 10,348
Accrued liabilities 110,193 105,903
Current portion of unrecognized tax benefits 25,060 23,979
Contract liabilities 25,668 44,558
Other current liabilities 6,022 8,402
Total current liabilities 228,104 263,190
ABL Facility 18,000 48,845
Pension obligations, net 72,279 69,388
Other liabilities 12,448 18,995
Total long-term liabilities 374,319 367,280
Commitments and contingencies (see Note 13)
Stockholders' equity    
Common stock - $0.01 par value, 250,000,000 shares authorized; 63,808,097 shares issued and 36,294,269 shares outstanding at June 30, 2024; and 62,660,783 shares issued and 35,302,746 shares outstanding at December 31, 2023 638 627
Additional paid-in capital 1,170,798 1,151,259
Treasury stock - 27,513,828 shares at June 30, 2024 and 27,358,037 shares at December 31, 2023 (488,757) (485,793)
Accumulated other comprehensive loss (15,389) (15,191)
Accumulated deficit (484,230) (498,202)
Total stockholders' equity 183,060 152,700
Total liabilities and stockholders' equity 785,483 783,170
Nonrelated Party    
Current liabilities    
Current portion of Term Loan 35,783 70,000
Term Loan, net 183,772 230,052
Related Party    
Current liabilities    
Current portion of Term Loan 16,717 0
Term Loan, net $ 87,820 $ 0