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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 12,453 $ 18,216
Accounts receivable, net of allowance of $18,890 in 2024 and $14,926 in 2023 176,364 205,503
Contract assets, net of allowance of $33 in 2024 and $35 in 2023 9,068 2,909
Taxes receivable 2,706 3,085
Prepaid expenses 18,383 17,771
Deferred costs 10,184 16,722
Other current assets 1,780 2,662
Total current assets 230,938 266,868
Fixed assets and capitalized software, net 37,142 38,599
Goodwill 218,884 302,400
Intangible assets, net 3,453 18,788
Deferred tax assets 139,769 128,051
Other assets 24,567 28,464
Total assets 654,753 783,170
Current liabilities    
Accounts payable 6,946 10,348
Accrued liabilities 98,439 105,903
Current portion of unrecognized tax benefits 25,623 23,979
Contract liabilities 32,534 44,558
Other current liabilities 5,906 8,402
Total current liabilities 221,948 263,190
ABL Facility 21,900 48,845
Pension obligations, net 73,723 69,388
Other liabilities 9,246 18,995
Total long-term liabilities 338,273 367,280
Commitments and contingencies (see Note 13)
Stockholders' equity    
Common stock - $0.01 par value, 250,000,000 shares authorized; 63,840,032 shares issued and 36,322,417 shares outstanding at September 30, 2024; and 62,660,783 shares issued and 35,302,746 shares outstanding at December 31, 2023 638 627
Additional paid-in capital 1,177,078 1,151,259
Treasury stock - 27,517,615 shares at September 30, 2024 and 27,358,037 shares at December 31, 2023 (488,824) (485,793)
Accumulated other comprehensive loss (14,059) (15,191)
Accumulated deficit (580,301) (498,202)
Total stockholders' equity 94,532 152,700
Total liabilities and stockholders' equity 654,753 783,170
Nonrelated Party    
Current liabilities    
Current portion of Term Loan 35,783 70,000
Term Loan, net 157,794 230,052
Related Party    
Current liabilities    
Current portion of Term Loan 16,717 0
Term Loan, net $ 75,610 $ 0