v3.19.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 270,154 $ 228,159
Restricted cash 158,865 154,599
Accounts receivable, less allowances of $8,552 and $8,850 at September 30, 2019 and December 31, 2018, respectively 131,392 123,596
Prepaid expenses 21,304 19,214
Other current assets 17,699 15,185
Total current assets 599,414 540,753
Property, equipment, and software, net 159,605 153,528
Right-of-use assets 106,942  
Goodwill 1,104,006 1,053,119
Intangible assets, net 260,680 287,378
Deferred tax assets, net 35,482 42,602
Other assets 25,781 20,393
Total assets 2,291,910 2,097,773
Current liabilities:    
Accounts payable 35,677 25,312
Accrued expenses and other current liabilities 79,598 95,482
Current portion of deferred revenue 123,062 120,704
Current portion of term loans 7,500 16,133
Convertible notes, net 302,032 0
Customer deposits held in restricted accounts 158,870 154,601
Total current liabilities 706,739 412,232
Deferred revenue 4,861 4,902
Term loans, net 291,064 287,582
Convertible notes, net 0 292,843
Lease liabilities, net of current portion 120,527  
Other long-term liabilities 19,407 37,190
Total liabilities 1,142,598 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 September 30, 2019 and December 31, 2018, respectively 0 0
Common stock, $0.001 par value: 250,000,000 shares authorized, 96,252,041 and 95,991,162 shares issued and 94,944,850 and 93,650,127 shares outstanding at September 30, 2019 and December 31, 2018, respectively 96 96
Additional paid-in capital 1,209,299 1,187,683
Treasury stock, at cost: 1,307,191 and 2,341,035 shares at September 30, 2019 and December 31, 2018, respectively (36,224) (65,470)
Accumulated deficit (21,371) (58,793)
Accumulated other comprehensive loss (2,488) (492)
Total stockholders’ equity 1,149,312 1,063,024
Total liabilities and stockholders’ equity $ 2,291,910 $ 2,097,773

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