Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 63,895	$ 114,118
Short-term investments	25,592	3,105
Restricted cash	4,040	0
Funds Held for Clients	8,035	14,394
Trade accounts receivable, less allowances of $4,143 and $2,833, respectively	117,838	62,713
Other current assets	33,532	12,716
Total current assets	252,932	207,046
Property and equipment, net	41,704	37,061
Goodwill	666,863	441,404
Intangibles, net	45,711	41,336
Indefinite-lived intangibles	42,055	30,887
Capitalized software development costs, net	8,499	5,955
Deferred tax asset, net	43,529	31,345
Other assets	11,720	8,721
Total assets	1,113,013	803,755
Current liabilities:
Accounts payable and accrued liabilities	75,073	30,461
Accrued payroll and related benefits	8,201	7,474
Bank Overdrafts	9,243	0
Funds Held for Clients, Liability	8,035	14,394
Short term debt, net of deferred financing costs of $136	14,364	12,364
Contingent liability for accrued earn-out acquisition consideration	4,000	1,921
Current portion of long term debt and capital lease obligation	17	9
Deferred revenue	22,562	22,564
Current deferred rent	278	281
Other current liabilities	5,159	244
Total current liabilities	146,932	89,712
Revolving line of credit	274,529	154,029
Long term debt and capital lease obligation, less current portion, net of deferred financing costs of $298 and $452, respectively	110,978	105,824
Contingent liability for accrued earn-out acquisition consideration	33,096	6,589
Deferred revenue	1,423	1,886
Long term deferred rent	638	1,009
Other liabilities	11,658	6,070
Total liabilities	579,254	365,119
Commitments and Contingencies
Stockholders’ equity:
Convertible Series D Preferred stock, $.10 par value, 500,000 shares authorized, no shares issued and outstanding at December 31, 2017 and 2016	0	0
Common stock, $.10 par value, 60,000,000 shares authorized, 31,476,428 issued and outstanding at December 31, 2017 and 32,093,294 issued and outstanding at December 31, 2016	3,148	3,209
Additional paid-in capital	1,410	0
Retained earnings	510,975	457,364
Accumulated other comprehensive loss	(24,023)	(33,677)
Total Ebix, Inc. stockholders’ equity	491,510	426,896
Noncontrolling Interest	42,249	11,740
Total stockholders' equity	533,759	438,636
Total liabilities and stockholders’ equity	$ 1,113,013	$ 803,755