XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 166,349 $ 155,950
Accounts receivable, net 640,098 599,565
Prepaid expenses and other current assets 18,614 10,298
TOTAL CURRENT ASSETS 825,061 765,813
Property and equipment, net 29,402 17,405
Deferred income taxes 3,359 3,359
Other assets, non-current 15,891 10,587
TOTAL ASSETS 873,713 797,164
Current liabilities:    
Accounts payable 493,284 490,377
Accrued expenses and other current liabilities 35,927 28,155
TOTAL CURRENT LIABILITIES 529,211 518,532
Debt, net   27,000
Other liabilities, non-current 7,488 6,049
TOTAL LIABILITIES 536,699 551,581
Commitments and contingencies (Note 9)
STOCKHOLDERS’ EQUITY    
Preferred stock, par value $0.000001; 100,000 shares authorized, zero shares issued and outstanding as of September 30, 2018 and December 31, 2017
Common stock, par value $0.000001; 1,000,000 Class A shares authorized as of September 30, 2018 and December 31, 2017; 35,734 and 32,486 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively; 95,000 Class B shares authorized as of September 30, 2018 and December 31, 2017; 7,451 and 9,155 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively 0 0
Additional paid-in capital 252,329 209,603
Retained earnings 84,685 35,980
TOTAL STOCKHOLDERS’ EQUITY 337,014 245,583
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 873,713 $ 797,164