v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 145,875 $ 161,789
Settlement and merchant reserve assets 256,145 343,235
Trade accounts receivable:    
Billed, net of allowance of $3,959 and $3,041 259,016 266,903
Unbilled 84,978 80,173
Income taxes receivable 10,897 2,600
Other current assets 47,183 46,182
Total current assets 804,094 900,882
Non-current assets:    
Property and equipment, net of depreciation of $142,260 and $133,514 48,057 56,595
Operating lease right-of-use assets 16,557 24,166
Finance lease right-of-use assets 10,647 0
Intangible Assets 55,748 59,304
Goodwill 325,773 316,041
Customer contract costs, net of amortization of $51,797 and $44,587 66,175 60,809
Deferred income taxes 77,019 73,295
Other assets 17,168 9,595
Total non-current assets 617,144 599,805
Total assets 1,421,238 1,500,687
Current liabilities:    
Current portion of long-term debt 0 7,500
Operating lease liabilities 4,649 11,067
Customer deposits 35,210 41,448
Trade accounts payable 40,279 36,370
Accrued employee compensation 60,952 67,944
Settlement and merchant reserve liabilities 253,085 341,924
Deferred revenue 62,251 54,424
Income taxes payable 211 7,802
Other current liabilities 59,325 46,730
Total current liabilities 515,962 615,209
Non-current liabilities:    
Long-term debt, net of unamortized discounts of $12,233 and $12,128 537,767 530,997
Operating lease liabilities 22,524 25,020
Deferred revenue 26,198 26,469
Income taxes payable 2,903 2,732
Deferred income taxes 69 94
Other non-current liabilities 25,094 17,597
Total non-current liabilities 614,555 602,909
Total liabilities 1,130,517 1,218,118
Stockholders' equity:    
Preferred stock, par value $.01 per share; 10,000 shares authorized; zero shares issued and outstanding 0 0
Common stock, par value $.01 per share; 100,000 shares authorized; 28,877 and 28,854 shares outstanding 722 718
Additional paid-in capital 522,824 518,215
Treasury stock, at cost; 42,011 and 41,583 shares (1,220,897) (1,194,224)
Accumulated other comprehensive income (loss):    
Cumulative foreign currency translation adjustments (41,892) (62,290)
Accumulated earnings 1,029,964 1,020,150
Total stockholders' equity 290,721 282,569
Total liabilities and stockholders' equity 1,421,238 1,500,687
Software    
Non-current assets:    
Intangible Assets 21,677 19,927
Acquired customer contracts    
Non-current assets:    
Intangible Assets $ 34,071 $ 39,377