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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 65,178 $ 33,213
Accounts receivable less allowances of $576 at 2018 and $684 at 2019 129,337 98,596
Prepaid expenses and other assets 58,581 76,150
Fixed assets—net 41,634 24,780
Operating lease assets 180,114  
Debt financing costs—net 9,645 12,340
Deferred tax assets—net 75,453 70,009
Goodwill 1,090,231 860,495
Other intangible assets—net 1,003,456 762,195
TOTAL ASSETS 2,653,629 1,937,778
LIABILITIES    
Accounts payable 8,077 8,935
Accrued expenses 41,442 36,252
Due to affiliates 58,600 39,621
Deferred revenue 7,839 6,215
Other liabilities 215,878 158,497
Operating lease liabilities 196,425  
Borrowings under credit facilities (stated value of $838,985 and $1,279,188 at December 31, 2018 and December 31, 2019, respectively) 1,272,999 836,582
Tax receivable agreements obligations 48,399 39,156
TOTAL LIABILITIES 1,849,659 1,125,258
COMMITMENTS AND CONTINGENCIES (Note 14)
EQUITY    
Additional paid-in capital 498,186 471,386
Accumulated deficit (13,462) (590)
Accumulated other comprehensive loss (1,299) (1,824)
Total shareholders’ equity 484,120 469,662
Non-controlling interest 319,850 342,858
Total equity 803,970 812,520
TOTAL LIABILITIES AND EQUITY 2,653,629 1,937,778
Class A common stock    
EQUITY    
Common stock 474 462
Class B common stock    
EQUITY    
Common stock $ 221 $ 228