v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 197,154 $ 228,159
Restricted cash 243,323 154,599
Accounts receivable, less allowances of $10,271 and $8,850 at December 31, 2019 and 2018, respectively 143,127 123,596
Prepaid expenses 24,539 19,214
Other current assets 27,387 15,185
Total current assets 635,530 540,753
Property, equipment, and software, net 163,282 153,528
Right-of-use assets 121,941  
Goodwill 1,611,749 1,053,119
Intangible assets, net 372,996 287,378
Deferred tax assets, net 33,812 42,602
Other assets 30,507 20,393
Total assets 2,969,817 2,097,773
Current liabilities:    
Accounts payable 40,092 25,312
Accrued expenses and other current liabilities 89,038 95,482
Current portion of deferred revenue 134,148 120,704
Current portion of term loans 18,750 16,133
Customer deposits held in restricted accounts 243,316 154,601
Total current liabilities 525,344 412,232
Deferred revenue 4,793 4,902
Revolving facility 230,000 0
Term loans, net 575,313 287,582
Convertible notes, net 305,188 292,843
Lease liabilities, net of current portion 133,313  
Other long-term liabilities 22,940 37,190
Total liabilities 1,796,891 1,034,749
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value: 10,000,000 shares authorized and zero shares issued and outstanding at December 31, 2019 and 2018, respectively 0 0
Common stock, $0.001 par value: 250,000,000 and 125,000,000 shares authorized, 96,100,296 and 95,991,162 shares issued and 94,744,157 and 93,650,127 shares outstanding at December 31, 2019 and 2018, respectively 96 96
Additional paid-in capital 1,222,356 1,187,683
Treasury stock, at cost: 1,356,139 and 2,341,035 shares at December 31, 2019 and 2018, respectively (39,483) (65,470)
Accumulated deficit (7,695) (58,793)
Accumulated other comprehensive loss (2,348) (492)
Total stockholders’ equity 1,172,926 1,063,024
Total liabilities and stockholders’ equity $ 2,969,817 $ 2,097,773

Source