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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 259.1 $ 41.4
Restricted cash 1.1 1.1
Accounts receivable 89.4 86.9
Prepaid expenses and other current assets 8.7 8.3
Deferred costs 10.3 6.6
Income tax receivable 4.1 3.9
Total current assets 372.7 148.2
Property and equipment, net 27.1 23.3
Operating lease right-of-use assets, net 35.0 36.8
Other assets:    
Intangible assets, net 350.2 370.6
Goodwill 966.8 966.8
Deferred tax assets 149.6 0.0
Deferred costs, net of current portion 17.9 16.2
Total assets 1,919.3 1,561.9
Current liabilities:    
Accounts payable 9.9 7.9
Accrued expenses and other current liabilities 47.0 62.2
Unearned revenue, current portion 171.0 157.7
Income taxes payable 5.8 0.5
Related party payable 0.0 0.7
Current portion of operating lease liabilities 4.0 4.0
Current portion of long-term debt 0.0 8.7
Total current liabilities 237.7 241.7
Unearned revenue, net of current portion 1.1 1.4
Tax receivable agreements liability, net of current portion 98.4 0.0
Operating lease liabilities, net of current portion 38.3 40.7
Long-term debt, net of current portion 743.7 1,194.6
Deferred tax liabilities 11.1 82.8
Other long-term liabilities 5.7 14.3
Total liabilities 1,136.0 1,575.5
Series A Preferred Units 0.0 200.2
Commitments, Contingencies, and Guarantees
Permanent Equity (Deficit)    
Members' equity (deficit) 0.0 (207.8)
Additional paid-in capital 366.4 0.0
Accumulated other comprehensive income (loss) (2.8) (6.0)
Retained Earnings (34.4) 0.0
Noncontrolling interests 450.2 0.0
Total equity (deficit) 783.3 (213.8)
Total equity (deficit)   (213.8)
Total liabilities, temporary, and permanent equity (deficit) 1,919.3 1,561.9
Class A common stock    
Permanent Equity (Deficit)    
Common stock 0.5 0.0
Class B common stock    
Permanent Equity (Deficit)    
Common stock 2.4 0.0
Class C common stock    
Permanent Equity (Deficit)    
Common stock $ 1.0 $ 0.0