v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and equivalents $ 625.2 $ 579.7
Trade and other receivables, net 271.2 264.8
Prepaid expenses and other current assets 158.4 137.5
Total current assets before customer funds 1,054.8 982.0
Customer funds 4,259.5 5,001.5
Total current assets 5,314.3 5,983.5
Right of use lease assets, net 12.1 12.3
Property, plant, and equipment, net 236.7 223.7
Goodwill 2,382.8 2,336.7
Other intangible assets, net 142.6 189.2
Deferred sales commissions 250.8 231.8
Other assets 161.5 139.8
Total assets 8,500.8 9,117.0
Current liabilities:    
Current portion of long-term debt 582.3 7.3
Current portion of long-term lease liabilities 6.1 5.7
Accounts payable 85.1 77.0
Deferred revenue 46.9 42.3
Employee compensation and benefits 121.0 126.8
Other accrued expenses 26.3 31.5
Total current liabilities before customer funds obligations 867.7 290.6
Customer funds obligations 4,250.1 5,024.2
Total current liabilities 5,117.8 5,314.8
Long-term debt, less current portion 631.8 1,209.1
Employee benefit plans 5.3 5.9
Long-term lease liabilities, less current portion 9.2 10.8
Other liabilities 34.4 30.1
Total liabilities 5,798.5 6,570.7
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, $0.01 par, 500.0 shares authorized, 159.8 and 159.0 shares issued and outstanding, respectively 1.6 1.6
Additional paid in capital 3,437.6 3,363.2
Accumulated deficit (350.8) (335.8)
Accumulated other comprehensive loss (386.1) (482.7)
Total stockholders’ equity 2,702.3 2,546.3
Total liabilities and stockholders' equity $ 8,500.8 $ 9,117.0