Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 279,872 $ 69,343
Restricted cash 90,919 96,002
Accounts receivable, less allowance for doubtful accounts of $8,169 and $3,951 at September 30, 2018 and December 31, 2017, respectively 114,441 124,505
Prepaid expenses 20,215 12,107
Other current assets 17,834 6,622
Total current assets 523,281 308,579
Property, equipment, and software, net 151,213 148,428
Goodwill 1,009,462 751,052
Intangible assets, net 293,382 252,337
Deferred tax assets, net 42,397 44,887
Other assets 18,992 11,010
Total assets 2,038,727 1,516,293
Current liabilities:    
Accounts payable 27,422 26,733
Accrued expenses and other current liabilities 94,588 79,379
Current portion of deferred revenue 110,507 116,622
Current portion of term loans 16,133 14,116
Convertible notes, net 289,868 0
Customer deposits held in restricted accounts 91,010 96,057
Total current liabilities 629,528 332,907
Deferred revenue 5,079 5,538
Revolving facility 0 50,000
Term loans, net 291,504 303,261
Convertible notes, net 0 281,199
Other long-term liabilities 36,893 41,513
Total liabilities 963,004 1,014,418
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.001 par value: 10,000,000 shares authorized and zero shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively 0 0
Common stock, $0.001 par value: 250,000,000 and 125,000,000 shares authorized, 96,588,906 and 87,153,085 shares issued and 94,025,304 and 83,180,401 shares outstanding at September 30, 2018 and December 31, 2017, respectively 97 87
Additional paid-in capital 1,190,110 637,851
Treasury stock, at cost: 2,563,602 and 3,972,684 shares at September 30, 2018 and December 31, 2017, respectively (70,319) (61,260)
Accumulated deficit (44,372) (75,046)
Accumulated other comprehensive income 207 243
Total stockholders’ equity 1,075,723 501,875
Total liabilities and stockholders’ equity $ 2,038,727 $ 1,516,293