v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 228,159 $ 69,343
Restricted cash 154,599 96,002
Accounts receivable, less allowances of $8,850 and $3,951 at December 31, 2018 and 2017, respectively 123,596 124,505
Prepaid expenses 19,214 12,107
Other current assets 15,185 6,622
Total current assets 540,753 308,579
Property, equipment, and software, net 153,528 148,428
Goodwill 1,053,119 751,052
Intangible assets, net 287,378 252,337
Deferred tax assets, net 42,602 44,887
Other assets 20,393 11,010
Total assets 2,097,773 1,516,293
Current liabilities:    
Accounts payable 25,312 26,733
Accrued expenses and other current liabilities 95,482 79,379
Current portion of deferred revenue 120,704 116,622
Current portion of term loans 16,133 14,116
Customer deposits held in restricted accounts 154,601 96,057
Total current liabilities 412,232 332,907
Deferred revenue 4,902 5,538
Revolving facility 0 50,000
Term loans, net 287,582 303,261
Convertible notes, net 292,843 281,199
Other long-term liabilities 37,190 41,513
Total liabilities 1,034,749 1,014,418
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 December 31, 2018 and 2017, respectively 0 0
Common stock, $0.001 par value: 250,000,000 and 125,000,000 shares authorized, 95,991,162 and 87,153,085 shares issued and 93,650,127 and 83,180,401 shares outstanding at December 31, 2018 and 2017, respectively 96 87
Additional paid-in capital 1,187,683 637,851
Treasury stock, at cost: 2,341,035 and 3,972,684 shares at December 31, 2018 and 2017, respectively (65,470) (61,260)
Accumulated deficit (58,793) (75,046)
Accumulated other comprehensive (loss) income (492) 243
Total stockholders’ equity 1,063,024 501,875
Total liabilities and stockholders’ equity $ 2,097,773 $ 1,516,293

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