FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2025

FAIR VALUE

Schedule of financial assets and liabilities measured at fair value on a recurring basis

	September 30, 2025
	Level 1		Level 2		Level 3		Total
Financial Assets:
U.S. Treasury Securities (included within Customer funds)	$	1,287,825	$	—	$	—	$	1,287,825
Derivative assets (included within Other current assets)
Interest rate floors	$	—	$	1,291	$	—	$	1,291
Foreign currency forwards		—		2,915		—		2,915
Foreign currency net purchased options		—		857		—		857
Total current derivative assets	$	—	$	5,063	$	—	$	5,063
Derivative assets (included within Other non-current assets)
Interest rate floors	$	—	$	17,306	$	—	$	17,306
Total financial assets	$	1,287,825	$	22,369	$	—	$	1,310,194
Financial Liabilities:
Skuad acquisition earnout liability (included within Other payables)	$	—	$	—	$	8,272	$	8,272
Current portion of Payeco deferred payment liability (included within Other payables)		—		—		3,830		3,830
Non-current portion of Payeco deferred payment liability (included within Other long-term liabilities)		—		—		8,424		8,424
Total financial liabilities	$	—	$	—	$	20,526	$	20,526

	December 31, 2024
	Level 1		Level 2		Level 3		Total
Financial Assets:
U.S. Treasury Securities (included within Customer funds)	$	1,174,937	$	—	$	—	$	1,174,937
Derivative assets (included within Other current assets)
Interest rate floors	$	—	$	739	$	—	$	739
Foreign currency forwards		—		910		—		910
Foreign currency net purchased options		—		385		—		385
Total current derivative assets	$	—	$	2,034	$	—	$	2,034
Derivative assets (included within Other non-current assets)
Interest rate floors	$	—	$	17,692	$	—	$	17,692
Total financial assets	$	1,174,937	$	19,726	$	—	$	1,194,663
Financial Liabilities:
Current portion of Skuad acquisition earnout liability (included within Other payables)	$	—	$	—	$	723	$	723
Non-current portion of Skuad acquisition earnout liability (included within Other long-term liabilities)	$	—	$	—	$	8,021	$	8,021
Total financial liabilities	$	—	$	—	$	8,744	$	8,744