XML 45 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 14,272 $ 44,570
Investments 79,373 82,590
Trade accounts receivable, net 165,790 163,561
Income taxes receivable 2,437 1,335
Prepaid expenses and other 16,511 14,919
Restricted cash and investments 120,054 116,873
Total current assets 398,437 423,848
Property, equipment and software, net 34,163 31,724
Operating lease right-of-use assets 25,730 23,805
Restricted cash and investments 346,623 327,326
Goodwill 47,820 47,820
Other assets 3,489 3,618
Deferred income taxes 3,325 2,788
Total assets 859,587 860,929
Current liabilities:    
Current portion of long-term debt 221 221
Accounts payable 4,333 5,993
Accrued payroll, payroll taxes and related benefits 180,526 174,168
Current operating lease liabilities 7,046 6,671
Other accrued liabilities 7,043 8,846
Workers' compensation claims liabilities 117,894 118,273
Safety incentives liability 26,330 27,950
Total current liabilities 343,393 342,122
Long-term workers' compensation claims liabilities 327,416 320,713
Long-term debt 3,675 3,730
Long-term operating lease liabilities 19,485 17,883
Customer deposits and other long-term liabilities 4,342 4,682
Total liabilities 698,311 689,130
Commitments and contingencies (Notes 4 and 6)
Stockholders' equity:    
Common stock, $.01 par value; 20,500 shares authorized, 7,505 and 7,514 shares issued and outstanding 75 75
Additional paid-in capital 20,925 20,227
Accumulated other comprehensive income 84 2,819
Retained earnings 140,192 148,678
Total stockholders' equity 161,276 171,799
Total liabilities and stockholders' equity $ 859,587 $ 860,929