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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 101,250 $ 192,825
Restricted cash and restricted investments 20,053 13,768
Accounts receivable, net [1] 373,725 446,749
Prepaid expenses and other current assets 25,943 30,331
Total current assets 520,971 683,673
Restricted cash and restricted investments 16,646 16,864
Investments and equity method investees 8,371 4,895
Property and equipment, net 75,297 78,194
Right-of-use assets - operating 9,905 11,983
Prepaid expenses and other noncurrent assets 2,672 4,028
Contract cost assets 13,419 12,120
Intangible assets, net 711,290 752,009
Goodwill 1,116,538 1,116,542
Total assets 2,475,109 2,680,308
Current liabilities:    
Accounts payable [1] 39,030 48,246
Accrued liabilities [1] 84,788 149,849
Operating lease liability - current 6,133 9,738
Accrued compensation and employee benefits 31,302 56,385
Deferred revenue 4,558 5,976
Reserve for claims and performance - based arrangements 317,563 404,048
Total current liabilities 483,374 674,242
Long-term debt, net 598,784 597,049
Other long-term liabilities 3,431 3,637
Tax receivables agreement liability 108,105 107,932
Operating lease liabilities - noncurrent 30,789 38,009
Deferred tax liabilities, net 12,559 13,311
Total liabilities 1,237,042 1,434,180
Commitments and Contingencies (See Note 10)
Mezzanine Equity    
Preferred class A common stock - $0.01 par value; 50,000,000 shares authorized; 175,000 issued, respectively 184,206 178,427
Shareholders' Equity    
Class A common stock - $0.01 par value; 750,000,000 shares authorized; 116,261,854 and 115,424,833 shares issued, respectively 1,163 1,154
Additional paid-in-capital 1,810,054 1,808,121
Accumulated other comprehensive loss (1,355) (1,257)
Retained earnings (accumulated deficit) (734,878) (719,194)
Treasury stock, at cost; 1,537,582 shares issued, respectively (21,123) (21,123)
Total shareholders' equity 1,053,861 1,067,701
Total liabilities, mezzanine equity and shareholders' equity $ 2,475,109 $ 2,680,308
[1] See Note 18 for amounts attributable to related parties included in these line items.