Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 4,697	$ 1,997
Restricted cash	28,487	30,383
Accounts receivable, net	334,498	242,168
Other current assets	29,431	19,217
Current assets before funds held for clients	397,113	293,765
Funds held for clients	171,313	157,909
Total current assets	568,426	451,674
Non-current assets:
Property and equipment, net	45,184	43,423
Goodwill and other intangible assets, net	951,702	840,783
Assets of deferred compensation plan	118,862	136,321
Right-of-use asset, net	184,043	151,145
Other non-current assets	10,907	4,588
Total non-current assets	1,310,698	1,176,260
Total assets	1,879,124	1,627,934
Current liabilities:
Accounts payable	80,725	65,757
Income taxes payable	1,607	1,671
Accrued personnel costs	130,456	114,032
Contingent purchase price liability	63,262	34,373
Lease liability	36,358	30,586
Other current liabilities	26,532	18,755
Current liabilities before client fund obligations	338,940	265,174
Client fund obligations	173,467	158,115
Total current liabilities	512,407	423,289
Non-current liabilities:
Bank debt	265,700	155,300
Debt issuance costs	(2,046)	(449)
Total long-term debt	263,654	154,851
Income taxes payable	2,211	1,727
Deferred income taxes, net	24,763	15,440
Deferred compensation plan obligations	118,862	136,321
Contingent purchase price liability	68,748	44,766
Lease liability	174,454	145,808
Other non-current liabilities	573	1,184
Total non-current liabilities	653,265	500,097
Total liabilities	1,165,672	923,386
STOCKHOLDERS’ EQUITY
Common stock, par value $0.01 per share; shares authorized 250,000; shares issued 136,295 and 135,187; shares outstanding 50,180 and 52,038	1,363	1,352
Additional paid-in capital	799,147	770,117
Retained earnings	734,116	628,762
Treasury stock, 86,115 and 83,149 shares	(824,778)	(694,716)
Accumulated other comprehensive income (loss)	3,604	(967)
Total stockholders’ equity	713,452	704,548
Total liabilities and stockholders’ equity	$ 1,879,124	$ 1,627,934