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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 132,391 $ 124,981
Receivables, net of allowances of $3,464 and $3,779, respectively 350,094 403,781
Settlement assets 453,276 540,667
Prepaid expenses 35,563 28,010
Other current assets 57,177 17,366
Total current assets 1,028,501 1,114,805
Noncurrent assets    
Accrued receivables, net 269,051 297,818
Property and equipment, net 44,998 52,499
Operating lease right-of-use assets 34,544 40,031
Software, net 114,451 129,109
Goodwill 1,226,026 1,226,026
Intangible assets, net 212,260 228,698
Deferred income taxes, net 74,403 53,738
Other noncurrent assets 64,656 67,171
TOTAL ASSETS 3,068,890 3,209,895
Current liabilities    
Accounts payable 48,137 47,997
Settlement liabilities 452,864 539,087
Employee compensation 40,837 45,289
Current portion of long-term debt 74,294 65,521
Deferred revenue 69,352 58,303
Other current liabilities 96,382 102,645
Total current liabilities 781,866 858,842
Noncurrent liabilities    
Deferred revenue 24,503 23,233
Long-term debt 991,829 1,024,351
Deferred income taxes, net 37,294 40,371
Operating lease liabilities 29,394 33,910
Other noncurrent liabilities 31,478 36,001
Total liabilities 1,896,364 2,016,708
Commitments and contingencies
Stockholders’ equity    
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at June 30, 2023, and December 31, 2022 0 0
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at June 30, 2023, and December 31, 2022 702 702
Additional paid-in capital 704,096 702,458
Retained earnings 1,234,440 1,273,458
Treasury stock, at cost, 31,929,614 and 32,456,227 shares at June 30, 2023, and December 31, 2022, respectively (655,660) (665,771)
Accumulated other comprehensive loss (111,052) (117,660)
Total stockholders’ equity 1,172,526 1,193,187
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,068,890 $ 3,209,895