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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 115,780 $ 164,622
Restricted cash 17,883 16,015
Accounts receivable, net of allowance for expected credit losses of $16,579 and $15,916, respectively 804,906 797,677
Prepaid expenses and other current assets 156,184 126,000
Total current assets 1,094,753 1,104,314
Property and equipment, net 68,416 63,696
Goodwill 2,247,466 2,206,004
Other intangible assets, net 2,200,957 2,287,514
Investments in unconsolidated affiliates 125,207 125,158
Other assets 108,186 67,582
Total assets 5,844,985 5,854,268
Current liabilities    
Current portion of long-term debt 59,775 14,397
Accounts payable 250,593 277,366
Accrued compensation and benefits 128,003 139,157
Other accrued expenses 141,120 164,133
Deferred revenues 48,501 50,467
Total current liabilities 627,992 645,520
Long-term debt, net of current portion 2,025,978 2,028,882
Deferred income tax liabilities 474,250 483,165
Warrant liability 1,833 22,189
Other long-term liabilities 111,695 92,218
Total liabilities 3,241,748 3,271,974
Redeemable noncontrolling interest 1,748 1,893
Commitments And Contingencies (Note 10)
Equity attributable to stockholders of Advantage Solutions Inc.    
Common stock, $0.0001 par value, 3,290,000,000 shares authorized; 318,465,449 and 316,963,552 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 32 32
Additional paid in capital 3,390,899 3,373,278
Accumulated deficit (844,271) (866,607)
Loans to Karman Topco L.P. (6,351) (6,340)
Accumulated other comprehensive (loss) income (16,362) (4,479)
Treasury stock, at cost; 1,610,014 shares as of June 30, 2022 and December 31, 2021 (12,567) (12,567)
Total equity attributable to stockholders of Advantage Solutions Inc. 2,511,380 2,483,317
Nonredeemable noncontrolling interest 90,109 97,084
Total stockholders' equity 2,601,489 2,580,401
Total liabilities, redeemable noncontrolling interest, and stockholders' equity $ 5,844,985 $ 5,854,268