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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 6,778 $ 4,652
Restricted cash 27,618 23,951
Accounts receivable, net 270,610 216,175
Other current assets 25,695 24,213
Current assets before funds held for clients 330,701 268,991
Funds held for clients 140,774 167,440
Total current assets 471,475 436,431
Non-current assets:    
Property and equipment, net 39,910 41,346
Goodwill and other intangible assets, net 756,684 756,750
Assets of deferred compensation plan 133,478 127,332
Operating lease right-of-use assets, net 146,786 147,843
Other non-current assets 3,510 4,052
Total non-current assets 1,080,368 1,077,323
Total assets 1,551,843 1,513,754
Current liabilities:    
Accounts payable 60,216 64,119
Income taxes payable 15,028 2,788
Accrued personnel costs 50,223 79,978
Contingent purchase price liabilities 22,767 20,288
Operating lease liabilities 30,638 30,483
Other current liabilities 14,312 13,629
Current liabilities before client fund obligations 193,184 211,285
Client fund obligations 140,490 166,989
Total current liabilities 333,674 378,274
Non-current liabilities:    
Bank debt 162,000 108,000
Debt issuance costs (718) (808)
Total long-term debt 161,282 107,192
Income taxes payable 1,339 1,775
Deferred income taxes, net 12,371 8,752
Deferred compensation plan obligations 133,478 127,332
Contingent purchase price liabilities 31,463 34,103
Operating lease liabilities 140,150 142,020
Other non-current liabilities 10,303 11,686
Total non-current liabilities 490,386 432,860
Total liabilities 824,060 811,134
STOCKHOLDERS' EQUITY    
Common stock 1,346 1,341
Additional paid in capital 749,207 740,970
Retained earnings 608,084 557,875
Treasury stock (629,439) (595,297)
Accumulated other comprehensive loss (1,415) (2,269)
Total stockholders’ equity 727,783 702,620
Total liabilities and stockholders’ equity $ 1,551,843 $ 1,513,754