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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and equivalents $ 339.6 $ 188.2
Restricted cash 2.0  
Trade and other receivables, net 122.5 101.1
Prepaid expenses and other current assets 84.1 73.9
Total current assets before customer funds 548.2 363.2
Customer funds 4,284.0 3,759.4
Total current assets 4,832.2 4,122.6
Right of use lease asset 35.4 27.9
Property, plant, and equipment, net 142.2 136.4
Goodwill 2,311.5 2,031.8
Other intangible assets, net 311.2 195.0
Other assets 166.3 187.6
Total assets 7,798.8 6,701.3
Current liabilities:    
Current portion of long-term debt 8.2 7.2
Current portion of long-term lease liabilities 14.9 10.5
Accounts payable 42.5 38.9
Deferred revenue 43.7 24.4
Employee compensation and benefits 47.3 64.6
Other accrued expenses 26.6 20.5
Total current liabilities before customer funds obligations 183.2 166.1
Customer funds obligations 4,237.3 3,697.8
Total current liabilities 4,420.5 3,863.9
Long-term debt, less current portion 1,115.4 660.6
Employee benefit plans 23.7 24.4
Long-term lease liabilities, less current portion 40.8 33.6
Other liabilities 39.1 20.6
Total liabilities 5,639.5 4,603.1
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Common stock, $0.01 par, 500,000,000 shares authorized, 148,913,387 and 148,571,412 shares issued and outstanding, respectively 1.5 1.5
Additional paid in capital 2,685.3 2,606.5
Accumulated deficit (253.0) (233.8)
Accumulated other comprehensive loss (274.5) (276.0)
Total stockholders’ equity 2,159.3 2,098.2
Total liabilities and equity $ 7,798.8 $ 6,701.3