v3.22.2
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands |
|
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 500,164
|
$ 132,517
|
| Restricted cash |
1,307
|
1,308
|
| Accounts receivable, net of allowance of $12,581 and $13,360 as of June 30, 2022 and December 31, 2021, respectively |
166,746
|
171,622
|
| Contract assets, net of allowance of $564 and $576 as of June 30, 2022 and December 31, 2021 |
49,029
|
63,429
|
| Prepaid expenses and other current assets |
91,521
|
60,511
|
| Assets held for sale |
20,000
|
331,955
|
| Total current assets attributable to discontinued operations |
828,767
|
761,342
|
| Fixed assets, net |
14,971
|
9,819
|
| Software development costs, net |
82,541
|
74,688
|
| Intangible assets, net |
149,210
|
149,690
|
| Goodwill |
524,149
|
506,607
|
| Deferred taxes, net |
7
|
0
|
| Contract assets - long-term, net of allowance of $1,201 and $1,534 as of June 30 2022 and December 31, 2021, respectively |
19,358
|
28,174
|
| Right-of-use assets - operating leases |
15,904
|
18,324
|
| Other assets |
79,309
|
83,429
|
| Long-term assets attributable to discontinued operations |
0
|
793,156
|
| Total assets |
1,714,216
|
2,425,229
|
| Current liabilities: |
|
|
| Accounts payable |
18,014
|
5,281
|
| Accrued expenses |
82,964
|
54,518
|
| Accrued compensation and benefits |
34,001
|
31,055
|
| Deferred revenue |
84,882
|
120,748
|
| Current operating lease liabilities |
6,095
|
6,133
|
| Current liabilities attributable to discontinued operations |
30,372
|
329,347
|
| Total current liabilities attributable to discontinued operations |
256,328
|
547,082
|
| Long-term debt |
199,895
|
350,062
|
| Deferred revenue |
2,021
|
1,839
|
| Deferred taxes, net |
10,861
|
16,625
|
| Long-term operating lease liabilities |
13,873
|
16,754
|
| Other liabilities |
34,890
|
33,823
|
| Long-term liabilities attributable to discontinued operations |
0
|
50,906
|
| Total liabilities |
517,868
|
1,017,091
|
| Commitments and contingencies |
|
|
| Stockholders’ equity: |
|
|
| Preferred stock: $0.01 par value, 1,000 shares authorized, no shares issued and outstanding as of June 30, 2022 and December 31, 2021 |
0
|
0
|
| Common stock: $0.01 par value, 349,000 shares authorized as of June 30, 2022 and December 31, 2021; 279,175 and 110,793 shares issued and outstanding as of June 30, 2022, respectively; 276,705 and 116,114 shares issued and outstanding as of December 31, 2021, respectively |
2,790
|
2,766
|
| Treasury stock: at cost, 168,383 and 160,591 shares as of June 30, 2022 and December 31, 2021, respectively |
(1,465,177)
|
(1,321,805)
|
| Additional paid-in capital |
1,923,805
|
1,962,386
|
| Retained earnings |
738,864
|
767,556
|
| Accumulated other comprehensive loss |
(3,934)
|
(2,765)
|
| Total stockholders’ equity |
1,196,348
|
1,408,138
|
| Total liabilities and stockholders’ equity |
$ 1,714,216
|
$ 2,425,229
|
| X |
- DefinitionCarrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
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