Pay vs Performance Disclosure

12 Months Ended

Dec. 31, 2022

USD ($)

Dec. 31, 2021

USD ($)

Dec. 31, 2020

USD ($)

Pay vs Performance Disclosure [Table]

Pay vs Performance [Table Text Block]

Pay Versus Performance Table for Fiscal Years Ended December 31,

2022, 2021 and 2020

The following table provides information regarding the compensation paid to our NEOs for the fiscal years ended December 31, 2022, 2021 and 2020 and certain measures of Company performance for such periods.


Year	Summary Compensation Table Total for PEO (1) ($)		Compensation Actually Paid to PEO (2) ($)			Average Summary Compensation Table Total for Non-PEO NEOs (3) ($)		Average Compensation Actually Paid to Non-PEO NEOs (2) (3) ($)		Value of Initial Fixed $100 Investment Based on:				Net Income ($)		Adjusted EBITDA (6) ($)		Revenue ($)
Year	Summary Compensation Table Total for PEO (1) ($)		Compensation Actually Paid to PEO (2) ($)							Company TSR (4) ($)		Peer Group TSR (5) ($)		Net Income ($)		Adjusted EBITDA (6) ($)		Revenue ($)
2022		3,138,418		(149,491,892	)		4,755,734		2,468,497		117.20		126.96		281,389,330		579,711,116		1,375,217,646
2021		2,958,410		62,994,260			7,891,945		3,323,073		156.82		172.32		195,960,264		419,286,728		1,055,523,820
2020		211,131,206		352,618,181			6,724,389		15,808,463		170.82		135.28		143,453,418		330,816,302		841,434,039

(1)	For each year presented, the PEO was Mr. Richison. The amounts reported in this c olumn c orrespond to the amounts reported in the “Total” column of the Summary Compensation Table for Fiscal Years Ended December 31, 2022, 2021 and 2020.

(2)

The amounts reported in this column represent “compensation actually paid” to Mr. Richison and the other NEOs (on average), as calculated in accordance with Item 402(v) of Regulation

S-K.

To determine the “compensation actually paid”, the amounts reported in the “Total” column of the Summary Compensation Table for the applicable year were adjusted as follows:


	2022						2021						2020
	PEO			Non-PEO NEOs			PEO			Non-PEO NEOs			PEO			Non-PEO NEOs
Summary Compensation Table Total ($)		3,138,418			4,755,734			2,958,410			7,891,945			211,131,206			6,724,389
Adjustments
Stock/Unit Awards ($)		—			(3,110,847	)		—			(6,709,967	)		(209,564,040	)		(5,979,510	)
Fair Value of Equity Awards ($)
Year-End Fair Value of Outstanding and Unvested Equity Awards Granted in the Covered Year ($)		—			2,732,756			—			2,704,622			304,999,205			6,035,045
Change in Fair Value of Outstanding and Unvested Equity Awards Granted in the Prior Year ($)		(149,874,900	)		(1,397,473	)		60,715,690			(203,452	)		11,811,870			2,786,664
Change in Fair Value of Prior Year Equity Awards Vested in the Covered Year ($)		(2,755,410	)		(511,673	)		(679,840	)		(360,076	)		(51,450	)		65,165
Fair Value on Vesting Date of Equity Awards Granted and Vested in the Covered Year ($)		—			—			—			—			34,291,390			6,176,710
Total Adjustments for Fair Value of Equity Awards ($)		(152,630,310	)		823,610			60,035,850			2,141,095			351,051,015			15,063,584
Compensation Actually Paid ($)		(149,491,892	)		2,468,497			62,994,260			3,323,073			352,618,181			15,808,463

Equity awards granted to our PEO and other NEOs during the applicable periods included (i) shares of restricted stock subject to time-based vesting conditions, (ii) shares of restricted stock subject to market-based vesting conditions, tied to the achievement of a specified total enterprise value or specified stock price (“Market-Based RSAs”), and (iii) the 2021 PSU Awards and 2022 PSU Awards. To estimate the fair value of the Market-Based RSAs and PSUs, we considered the historical performance for the Company and the peer group as applicable for each award over the realized performance period, and then simulated the enterprise value or stock prices for the Company (and the peer group, as applicable) over the remaining performance period. We considered the

risk-free

rates as of the measurement dates and the equity volatilities for each company and correlations between the companies (as applicable) as of the measurement dates using an approach consistent with the grant date fair value analysis. With respect to

valuations as of December 31, 2021 and December 31, 2022, we considered the Company’s historical volatility for awards with remaining terms shorter than the Company’s trading history, and a weighted average historical equity volatility of the Company and that of the guideline public companies for awards with remaining terms longer than the Company’s trading history.

(3)

For the fiscal year ended December 31, 2022, the

non-PEO

NEOs were Mrs. Faurot and Messrs. Boelte, Smith, Evans and Long. For the fiscal year ended December 31, 2021, the

non-PEO

NEOs were Mrs. Faurot and Messrs. Boelte, Smith, Evans and York. For the fiscal year ended December 31, 2020, the

non-PEO

NEOs were Messrs. Boelte, Smith, Evans and York. The amounts reported in this column represent the average of the amounts reported in the “Total” column of the Summary Compensation Table for the

non-PEO

NEOs in the applicable year.

(4)	The amounts reported in this column reflect the Company’s cumulative TSR as of December 31 of each year presented, assuming an initial fixed $100 investment on December 31, 2019.

(5)

The amounts reported in this column reflect the cumulative TSR of the S&P 500 Software & Services Index as of December 31 of each year presented, assuming an initial fixed $100 investment on December 31, 2019. For the years ended December 31, 2021 and 2020, we used the S&P 1500 Application Software Index as our published industry or

line-of-business

index for purposes of the performance graph required under Item 201(e) of Regulation

S-K.

In our Form

10-K

for the year ended December 31, 2022, for purposes of the performance graph required under Item 201(e) of Regulation

S-K,

we replaced the S&P 1500 Application Software Index with the S&P 500 Software & Services Index as our published industry or

line-of-business

index, as we believe the S&P 500 Software & Services Index represents a more appropriate peer group. Set forth below are comparisons of our cumulative TSR to (a) the cumulative TSR of the S&P 1500 Application Software Index as of December 31 of each year presented, assuming an initial fixed $100 investment on December 31, 2019 (“Peer Group B”) and (b) the cumulative TSR of the S&P 1500 Application Software Index as of December 31, 2020 and 2021 and the S&P 500 Software & Services Index as of December 31, 2022, assuming an initial fixed $100 investment on December 31, 2019 (“Peer Group C”):



	Company TSR ($)		Peer Group B TSR ($)		Peer Group C TSR ($)
2022		117.20		113.69		129.01
2021		156.82		175.10		175.10
2020		170.82		148.26		148.26

(6)	We define adjusted EBITDA as net income plus interest expense, taxes, depreciation and amortization, non-cash stock-based compensation expense, certain transaction expenses that are not core to our operations (if any) and the change in fair value of our interest rate swap (if any).

Company Selected Measure Name

adjusted EBITDA

Named Executive Officers, Footnote [Text Block]

For the fiscal year ended December 31, 2022, the

non-PEO

NEOs were Mrs. Faurot and Messrs. Boelte, Smith, Evans and Long. For the fiscal year ended December 31, 2021, the

non-PEO

NEOs were Mrs. Faurot and Messrs. Boelte, Smith, Evans and York. For the fiscal year ended December 31, 2020, the

non-PEO

NEOs were Messrs. Boelte, Smith, Evans and York. The amounts reported in this column represent the average of the amounts reported in the “Total” column of the Summary Compensation Table for the

non-PEO

NEOs in the applicable year.

Peer Group Issuers, Footnote [Text Block]

(5)

line-of-business

index for purposes of the performance graph required under Item 201(e) of Regulation

S-K.

In our Form

10-K

for the year ended December 31, 2022, for purposes of the performance graph required under Item 201(e) of Regulation

S-K,

we replaced the S&P 1500 Application Software Index with the S&P 500 Software & Services Index as our published industry or

line-of-business



	Company TSR ($)		Peer Group B TSR ($)		Peer Group C TSR ($)
2022		117.20		113.69		129.01
2021		156.82		175.10		175.10
2020		170.82		148.26		148.26

PEO Total Compensation Amount

$ 3,138,418

$ 2,958,410

$ 211,131,206

PEO Actually Paid Compensation Amount

$ (149,491,892)

62,994,260

352,618,181

Adjustment To PEO Compensation, Footnote [Text Block]

(2)

The amounts reported in this column represent “compensation actually paid” to Mr. Richison and the other NEOs (on average), as calculated in accordance with Item 402(v) of Regulation

S-K.

To determine the “compensation actually paid”, the amounts reported in the “Total” column of the Summary Compensation Table for the applicable year were adjusted as follows:


	2022						2021						2020
	PEO			Non-PEO NEOs			PEO			Non-PEO NEOs			PEO			Non-PEO NEOs
Summary Compensation Table Total ($)		3,138,418			4,755,734			2,958,410			7,891,945			211,131,206			6,724,389
Adjustments
Stock/Unit Awards ($)		—			(3,110,847	)		—			(6,709,967	)		(209,564,040	)		(5,979,510	)
Fair Value of Equity Awards ($)
Year-End Fair Value of Outstanding and Unvested Equity Awards Granted in the Covered Year ($)		—			2,732,756			—			2,704,622			304,999,205			6,035,045
Change in Fair Value of Outstanding and Unvested Equity Awards Granted in the Prior Year ($)		(149,874,900	)		(1,397,473	)		60,715,690			(203,452	)		11,811,870			2,786,664
Change in Fair Value of Prior Year Equity Awards Vested in the Covered Year ($)		(2,755,410	)		(511,673	)		(679,840	)		(360,076	)		(51,450	)		65,165
Fair Value on Vesting Date of Equity Awards Granted and Vested in the Covered Year ($)		—			—			—			—			34,291,390			6,176,710
Total Adjustments for Fair Value of Equity Awards ($)		(152,630,310	)		823,610			60,035,850			2,141,095			351,051,015			15,063,584
Compensation Actually Paid ($)		(149,491,892	)		2,468,497			62,994,260			3,323,073			352,618,181			15,808,463

risk-free

Non-PEO NEO Average Total Compensation Amount

$ 4,755,734

7,891,945

6,724,389

Non-PEO NEO Average Compensation Actually Paid Amount

$ 2,468,497

3,323,073

15,808,463

Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

(2)

The amounts reported in this column represent “compensation actually paid” to Mr. Richison and the other NEOs (on average), as calculated in accordance with Item 402(v) of Regulation

S-K.

To determine the “compensation actually paid”, the amounts reported in the “Total” column of the Summary Compensation Table for the applicable year were adjusted as follows:


	2022						2021						2020
	PEO			Non-PEO NEOs			PEO			Non-PEO NEOs			PEO			Non-PEO NEOs
Summary Compensation Table Total ($)		3,138,418			4,755,734			2,958,410			7,891,945			211,131,206			6,724,389
Adjustments
Stock/Unit Awards ($)		—			(3,110,847	)		—			(6,709,967	)		(209,564,040	)		(5,979,510	)
Fair Value of Equity Awards ($)
Year-End Fair Value of Outstanding and Unvested Equity Awards Granted in the Covered Year ($)		—			2,732,756			—			2,704,622			304,999,205			6,035,045
Change in Fair Value of Outstanding and Unvested Equity Awards Granted in the Prior Year ($)		(149,874,900	)		(1,397,473	)		60,715,690			(203,452	)		11,811,870			2,786,664
Change in Fair Value of Prior Year Equity Awards Vested in the Covered Year ($)		(2,755,410	)		(511,673	)		(679,840	)		(360,076	)		(51,450	)		65,165
Fair Value on Vesting Date of Equity Awards Granted and Vested in the Covered Year ($)		—			—			—			—			34,291,390			6,176,710
Total Adjustments for Fair Value of Equity Awards ($)		(152,630,310	)		823,610			60,035,850			2,141,095			351,051,015			15,063,584
Compensation Actually Paid ($)		(149,491,892	)		2,468,497			62,994,260			3,323,073			352,618,181			15,808,463

risk-free

Compensation Actually Paid vs. Total Shareholder Return [Text Block]

The following chart shows, for the years ended December 31, 2020, 2021 and 2022,

the relationship between (i) the compensation actually paid to our PEO and the compensation actually paid, on average, to our other NEOs, and (ii) each of (x) our cumulative TSR and (y) the cumulative TSR of the peer group:

Compensation Actually Paid vs. Net Income [Text Block]

The following chart shows, for the years ended December 31, 2020, 2021 and 2022, the relationship between (i) the compensation actually paid to our PEO and the compensation actually paid, on average, to our other NEOs, and (ii) each of (x) our net income, (y) our adjusted EBITDA and (z) our revenue:

Compensation Actually Paid vs. Company Selected Measure [Text Block]

Total Shareholder Return Vs Peer Group [Text Block]

The following chart shows, for the years ended December 31, 2020, 2021 and 2022,

Tabular List [Table Text Block]

The following table contains the most important financial measures used to link executive compensation actually paid, for the year ended December 31, 2022, to the Company’s performance.