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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 218,795 $ 239,203
Accounts receivable, net 149,054 155,237
Prepaid wires, net 23,985 28,366
Prepaid expenses and other current assets 9,916 10,068
Total current assets 401,750 432,874
Property and equipment, net 42,532 31,656
Goodwill 53,986 53,986
Intangible assets, net 17,130 18,143
Other assets 33,304 40,153
Total assets 548,702 576,812
Current liabilities:    
Current portion of long-term debt, net 7,710 7,163
Accounts payable 40,294 36,507
Wire transfers and money orders payable, net 137,137 125,042
Accrued and other liabilities 53,477 54,661
Total current liabilities 238,618 223,373
Long-term liabilities:    
Debt, net 150,508 181,073
Lease liabilities, net 21,190 22,670
Deferred tax liability, net 158 659
Total long-term liabilities 171,856 204,402
Commitments and contingencies, see Note 16
Stockholders’ equity:    
Common stock $0.0001 par value; 200,000,000 shares authorized, 40,010,435 and 39,673,271 shares issued and 33,035,925 and 33,823,237 shares outstanding as of March 31, 2024 and December 31, 2023, respectively, and Preferred stock $0.0001 par value; $5,000,000 shares authorized, none issued or outstanding 4 4
Additional paid-in capital 76,339 75,686
Retained earnings 210,755 198,649
Accumulated other comprehensive income 117 262
Treasury stock, at cost; 6,974,510 and 5,850,034 shares as of March 31, 2024 and December 31, 2023, respectively (148,987) (125,564)
Total stockholders’ equity 138,228 149,037
Total liabilities and stockholders’ equity $ 548,702 $ 576,812