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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 357,581 $ 365,302
Fees receivable, net of allowances of $6,800 and $6,700, respectively 527,615 552,107
Deferred commissions 98,211 115,381
Prepaid expenses and other current assets 82,661 63,868
Total current assets 1,066,068 1,096,658
Property, equipment and leasehold improvements, net 107,112 97,990
Goodwill 583,002 586,665 [1]
Intangible assets, net 27,110 30,689
Other assets 77,747 92,349
Total Assets 1,861,039 1,904,351
Current liabilities:    
Accounts payable and accrued liabilities 262,293 353,761
Deferred revenues 922,227 841,457
Current portion of long-term debt 20,000 20,000
Total current liabilities 1,204,520 1,215,218
Long-term debt 695,000 385,000
Other liabilities 131,674 142,962
Total Liabilities 2,031,194 1,743,180
Stockholders’ (Deficit) Equity    
Preferred stock, $.01 par value, 5,000,000 shares authorized; none issued or outstanding 0 0
Common stock, $.0005 par value, 250,000,000 shares authorized; 156,234,415 shares issued for both periods 78 78
Additional paid-in capital 795,408 764,433
Accumulated other comprehensive loss, net [2] (35,617) (21,170)
Accumulated earnings 1,354,555 1,275,049
Treasury stock, at cost, 73,193,514 and 68,713,890 common shares, respectively (2,284,579) (1,857,219)
Total Stockholders’ (Deficit) Equity (170,155) 161,171
Total Liabilities and Stockholders’ (Deficit) Equity $ 1,861,039 $ 1,904,351
[1] The Company does not have any accumulated goodwill impairment losses.
[2] Amounts in parentheses represent debits (deferred losses).