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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 1,278 $ 3,494
Restricted cash 32,104 27,880
Accounts receivable, net 213,418 175,354
Other current assets 23,004 21,407
Current assets before funds held for clients 269,804 228,135
Funds held for clients 134,051 213,457
Total current assets 403,855 441,592
Non-current assets:    
Property and equipment, net 24,446 19,450
Goodwill and other intangible assets, net 615,316 584,401
Assets of deferred compensation plan 81,720 69,912
Notes receivable 1,185 1,227
Other non-current assets 2,166 2,006
Total non-current assets 724,833 676,996
Total assets 1,128,688 1,118,588
Current liabilities:    
Accounts payable 47,576 45,772
Income taxes payable 10,470 1,048
Accrued personnel costs 38,495 45,221
Notes payable 1,628 1,060
Contingent purchase price liability 15,237 16,322
Other current liabilities 14,937 16,169
Current liabilities before client fund obligations 128,343 125,592
Client fund obligations 134,119 213,855
Total current liabilities 262,462 339,447
Non-current liabilities:    
Bank debt 206,000 191,400
Debt issuance costs (959) (1,351)
Total long-term debt 205,041 190,049
Notes payable 1,797 1,721
Income taxes payable 4,628 4,426
Deferred income taxes, net 2,189 3,545
Deferred compensation plan obligations 81,720 69,912
Contingent purchase price liability 24,133 17,387
Other non-current liabilities 16,232 12,080
Total non-current liabilities 335,740 299,120
Total liabilities 598,202 638,567
STOCKHOLDERS' EQUITY    
Common stock 1,297 1,282
Additional paid in capital 670,577 655,629
Retained earnings 340,455 294,925
Treasury stock (481,572) (471,311)
Accumulated other comprehensive loss (271) (504)
Total stockholders’ equity 530,486 480,021
Total liabilities and stockholders’ equity $ 1,128,688 $ 1,118,588