Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 147,766	$ 63,895
Short-term investments	31,192	25,592
Restricted Cash and Cash Equivalents, Current	8,317	4,040
Funds Held for Clients	6,491	8,035
Trade accounts receivable, less allowances of $6,969 and $4,143, respectively	174,340	117,838
Other current assets	59,274	33,532
Total current assets	427,380	252,932
Property and equipment, net	50,294	41,704
Goodwill	946,685	666,863
Intangibles, net	51,448	45,711
Indefinite-lived intangibles	42,055	42,055
Capitalized software development costs, net	11,742	8,499
Deferred tax asset, net	54,629	43,529
Other assets	26,714	11,720
Total assets	1,610,947	1,113,013
Current liabilities:
Accounts payable and accrued liabilities	130,221	75,073
Accrued payroll and related benefits	9,227	8,201
Bank Overdrafts	17,841	9,243
Funds Held for Clients, Liability	6,491	8,035
Short term debt, net of deferred financing costs of $575 and $136, respectively	3,990	0
Contingent liability for accrued earn-out acquisition consideration	13,767	4,000
Current portion of long term debt and capital lease obligation	14,603	14,381
Deferred revenue	35,609	22,562
Current deferred rent	98	278
Other current liabilities	85,581	5,159
Total current liabilities	317,428	146,932
Revolving line of credit	424,537	274,529
Long term debt and capital lease obligation, less current portion, net of deferred financing costs of $1,811 and $298, respectively	274,716	110,978
Contingent liability for accrued earn-out acquisition consideration	11,209	33,096
Deferred revenue	9,051	1,423
Long term deferred rent	438	638
Deferred Tax Liabilities, Net, Noncurrent	1,282	0
Other liabilities	27,849	11,658
Total liabilities	1,066,510	579,254
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, 2018 and 2017	0	0
Common stock, $.10 par value, 120,000,000 shares authorized, 30,567,725 issued and outstanding at December 31, 2018 and 31,476,428 issued and outstanding at December 31, 2017	3,057	3,148
Additional paid-in capital	3,397	1,410
Retained earnings	535,118	510,975
Accumulated other comprehensive loss	(63,377)	(24,023)
Total Ebix, Inc. stockholders’ equity	478,195	491,510
Noncontrolling Interest	66,242	42,249
Total stockholders' equity	544,437	533,759
Total liabilities and stockholders’ equity	$ 1,610,947	$ 1,113,013