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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 79,290 $ 23,275
Restricted cash 0 7
Accounts receivable and unbilled, net (includes $1.1 million and $3.8 million with related parties at September 30, 2019 and December 31, 2018, respectively) 140,189 133,449
Prepaid expenses and other current assets 30,918 21,383
Total current assets 250,397 178,114
Property and equipment, net 43,715 52,255
Operating lease right-of-use assets 52,479 0
Goodwill 662,427 660,981
Intangible assets, net 57,345 69,179
Deferred income taxes 293 713
Other assets 5,673 6,691
Total assets 1,072,329 967,933
Current liabilities:    
Accounts payable (includes $0.1 million and $0.3 million with related parties at September 30, 2019 and December 31, 2018, respectively) 20,684 16,737
Accrued expenses 102,535 87,493
Advanced billings (includes $1.3 million and $0.4 million with related parties at September 30, 2019 and December 31, 2018, respectively) 169,529 147,935
Other current liabilities 21,644 4,861
Total current liabilities 314,392 257,026
Long-term debt, net, less current portion 0 79,721
Operating lease liabilities 46,022 0
Deemed landlord liability, less current portion 0 24,484
Deferred income tax liability 5,578 439
Other long-term liabilities 14,330 16,560
Total liabilities 380,322 378,230
Commitments and contingencies (see Note 12)
Shareholders’ equity:    
Preferred stock - $0.01 par-value; 5,000,000 shares authorized; no shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 0 0
Common stock - $0.01 par-value; 250,000,000 shares authorized at September 30, 2019 and December 31, 2018, respectively; 36,011,725 and 35,665,910 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 360 356
Treasury stock - 200,000 shares at September 30, 2019 and December 31, 2018, respectively (6,030) (6,030)
Additional paid-in capital 663,044 639,381
Retained earnings (accumulated deficit) 38,296 (41,487)
Accumulated other comprehensive loss (3,663) (2,517)
Total shareholders’ equity 692,007 589,703
Total liabilities and shareholders’ equity $ 1,072,329 $ 967,933