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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,415 $ 4,697
Restricted cash 38,229 28,487
Accounts receivable, net 465,848 334,498
Other current assets 37,879 29,431
Current assets before funds held for clients 543,371 397,113
Funds held for clients 122,531 171,313
Total current assets 665,902 568,426
Non-current assets:    
Property and equipment, net 55,291 45,184
Goodwill and other intangible assets, net 1,014,607 951,702
Assets of deferred compensation plan 130,284 118,862
Right-of-use assets, net 193,552 184,043
Other non-current assets 14,858 10,907
Total non-current assets 1,408,592 1,310,698
Total assets 2,074,494 1,879,124
Current liabilities:    
Accounts payable 80,609 80,725
Income taxes payable 16,184 1,607
Accrued personnel costs 118,289 130,456
Contingent purchase price liabilities 70,129 63,262
Operating lease liabilities 36,488 36,358
Other current liabilities 28,837 26,532
Current liabilities before client fund obligations 350,536 338,940
Client fund obligations 123,910 173,467
Total current liabilities 474,446 512,407
Non-current liabilities:    
Bank debt 394,700 265,700
Debt issuance costs (1,692) (2,046)
Total long-term debt, net 393,008 263,654
Income taxes payable 2,029 2,211
Deferred income taxes, net 31,749 24,763
Deferred compensation plan obligations 130,284 118,862
Contingent purchase price liabilities 49,885 68,748
Lease liabilities 181,834 174,454
Other non-current liabilities 665 573
Total non-current liabilities 789,454 653,265
Total liabilities 1,263,900 1,165,672
STOCKHOLDERS' EQUITY    
Common stock 1,374 1,363
Additional paid in capital 828,864 799,147
Retained earnings 867,821 734,116
Treasury stock (891,880) (824,778)
Accumulated other comprehensive income 4,415 3,604
Total stockholders’ equity 810,594 713,452
Total liabilities and stockholders’ equity $ 2,074,494 $ 1,879,124