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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,128 $ 8,090
Restricted cash 44,947 30,362
Accounts receivable, net 477,841 380,152
Other current assets 38,892 34,895
Current assets before funds held for clients 562,808 453,499
Funds held for clients 131,128 159,186
Total current assets 693,936 612,685
Non-current assets:    
Property and equipment, net 56,667 57,012
Goodwill and other intangible assets, net 1,035,148 1,008,604
Assets of deferred compensation plan 162,133 143,499
Right-of-use assets, net 203,972 211,024
Other non-current assets 8,949 10,768
Total non-current assets 1,466,869 1,430,907
Total assets 2,160,805 2,043,592
Current liabilities:    
Accounts payable 109,253 82,831
Income taxes payable 7,374 2,097
Accrued personnel costs 95,267 133,593
Contingent purchase price liabilities 54,780 66,287
Operating lease liabilities 38,077 36,283
Other current liabilities 31,389 30,937
Current liabilities before client fund obligations 336,140 352,028
Client fund obligations 131,623 159,893
Total current liabilities 467,763 511,921
Non-current liabilities:    
Bank debt 381,000 312,400
Debt issuance costs (1,340) (1,574)
Total long-term debt, net 379,660 310,826
Income taxes payable 2,149 1,984
Deferred income taxes, net 32,726 29,287
Deferred compensation plan obligations 162,133 143,499
Contingent purchase price liabilities 29,059 48,659
Lease liabilities 194,704 203,905
Other non-current liabilities 1,177 1,893
Total non-current liabilities 801,608 740,053
Total liabilities 1,269,371 1,251,974
STOCKHOLDERS' EQUITY    
Common stock 1,379 1,374
Additional paid in capital 845,962 832,475
Retained earnings 951,761 855,084
Treasury stock (910,322) (899,093)
Accumulated other comprehensive income 2,654 1,778
Total stockholders’ equity 891,434 791,618
Total liabilities and stockholders’ equity $ 2,160,805 $ 2,043,592