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Unaudited condensed consolidated balance sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 128,528 $ 310,684
Accounts receivable less allowances of $3,255 at 2021 and $3,949 at 2022 207,992 198,827
Prepaid expenses and other assets 174,007 123,826
Fixed assets-net 49,818 47,199
Operating lease assets 257,749 249,850
Debt financing costs-net 3,648 4,254
Deferred tax assets-net 232,332 267,332
Goodwill 2,092,787 1,925,315
Other intangible assets-net 1,637,816 1,581,719
TOTAL ASSETS 4,784,677 4,709,006
LIABILITIES    
Accounts payable 11,822 11,580
Accrued expenses 108,542 72,572
Due to affiliates 66,868 105,722
Deferred revenue 15,554 10,932
Contingent consideration and other liabilities 320,176 468,284
Deferred tax liabilities 39,477 31,973
Operating lease liabilities 286,930 277,324
Borrowings under credit facilities (stated value of $2,407,302 and $2,438,779 at December 31, 2021 and September 30, 2022, respectively) 2,427,211 2,393,669
Tax receivable agreements obligations 221,237 219,542
TOTAL LIABILITIES 3,497,817 3,591,598
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY    
Additional paid-in capital 930,042 841,753
Retained earnings 116,429 24,995
Accumulated other comprehensive income 11,378 3,029
Total shareholders' equity 1,058,623 870,544
Non-controlling interest 228,237 246,864
Total equity 1,286,860 1,117,408
TOTAL LIABILITIES AND EQUITY 4,784,677 4,709,006
Class A common stock    
EQUITY    
Common stock 658 653
Class B common stock    
EQUITY    
Common stock $ 116 $ 114