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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 233,039 $ 65,178
Accounts receivable less allowances of $684 at 2019 and $904 at 2020 139,502 129,337
Prepaid expenses and other assets 60,256 58,581
Fixed assets-net 41,838 41,634
Operating lease assets 181,904 180,114
Debt financing costs-net 8,971 9,645
Deferred tax assets-net 72,617 75,453
Goodwill 1,111,780 1,090,231
Other intangible assets-net 998,870 1,003,456
TOTAL ASSETS 2,848,777 2,653,629
LIABILITIES    
Accounts payable 9,655 8,077
Accrued expenses 39,419 41,442
Due to affiliates 16,366 58,600
Deferred revenue 10,449 7,839
Other liabilities 170,773 215,878
Operating lease liabilities 199,307 196,425
Borrowings under credit facilities (stated value of $1,279,188 and $1,526,296 at December 31, 2019 and March 31, 2020, respectively) 1,525,687 1,272,999
Tax receivable agreements obligations 50,075 48,399
TOTAL LIABILITIES 2,021,731 1,849,659
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY    
Additional paid-in capital 520,281 498,186
Retained earnings (deficit) 6,934 (13,462)
Accumulated other comprehensive loss (8,746) (1,299)
Total shareholders' equity 519,165 484,120
Non-controlling interest 307,881 319,850
Total equity 827,046 803,970
TOTAL LIABILITIES AND EQUITY 2,848,777 2,653,629
Class A common stock    
EQUITY    
Common stock 478 474
Class B common stock    
EQUITY    
Common stock $ 218 $ 221