v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 252,657 $ 228,159
Restricted cash 103,768 154,599
Accounts receivable, less allowances of $7,943 and $8,850 at March 31, 2019 and December 31, 2018, respectively 125,068 123,596
Prepaid expenses 19,702 19,214
Other current assets 11,383 15,185
Total current assets 512,578 540,753
Property, equipment, and software, net 153,956 153,528
Right-of-use assets 91,023  
Goodwill 1,052,725 1,053,119
Intangible assets, net 271,642 287,378
Deferred tax assets, net 40,295 42,602
Other assets 22,197 20,393
Total assets 2,144,416 2,097,773
Current liabilities:    
Accounts payable 29,756 25,312
Accrued expenses and other current liabilities 85,956 95,482
Current portion of deferred revenue 121,536 120,704
Current portion of term loans 16,133 16,133
Convertible notes, net 295,862 0
Customer deposits held in restricted accounts 103,763 154,601
Total current liabilities 653,006 412,232
Deferred revenue 4,160 4,902
Term loans, net 283,659 287,582
Convertible notes, net 0 292,843
Lease liabilities, net of current portion 105,795  
Other long-term liabilities 12,421 37,190
Total liabilities 1,059,041 1,034,749
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.001 par value: 10,000,000 shares authorized and zero shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 0 0
Common stock, $0.001 par value: 250,000,000 shares authorized, 95,998,176 and 95,991,162 shares issued and 94,733,242 and 93,650,127 shares outstanding at March 31, 2019 and December 31, 2018, respectively 96 96
Additional paid-in capital 1,167,950 1,187,683
Treasury stock, at cost: 1,264,934 and 2,341,035 shares at March 31, 2019 and December 31, 2018, respectively (33,753) (65,470)
Accumulated deficit (47,546) (58,793)
Accumulated other comprehensive loss (1,372) (492)
Total stockholders’ equity 1,085,375 1,063,024
Total liabilities and stockholders’ equity $ 2,144,416 $ 2,097,773

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