v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 149,484 $ 189,392
Accounts receivable, net of allowance for credit losses of $2,300 and $2,235, respectively 96,072 103,525
Prepaid expenses and other current assets 25,004 22,202
Total current assets 270,560 315,119
Other assets:    
Property and equipment, net 1,768 1,853
Operating lease right-of-use assets 11,305 11,939
Goodwill 770,761 773,311
Intangible assets, net of accumulated amortization of $433,365 and $415,804, respectively 433,255 447,476
Deferred income taxes 11,115 5,242
Other long-term assets 1,604 1,642
Total assets 1,500,368 1,556,582
Current liabilities:    
Accounts payable 3,691 3,426
Accrued expenses 57,286 67,131
Current portion of deferred revenue 76,480 75,412
Current portion of long-term debt 2,963 2,963
Other current liabilities 3,703 4,453
Total current liabilities 144,123 153,385
Long-term liabilities:    
Deferred revenue, net of current portion 3,100 2,350
Deferred income taxes 34,746 34,366
Operating lease liabilities, net of current portion 7,789 8,438
Long-term debt, net of current portion and debt discount 289,504 290,131
Other long-term liabilities 4,062 5,117
Total liabilities 483,324 493,787
Commitments and contingencies (refer to note 9)
Stockholders' equity    
Preferred shares, $0.01 par value, 50,000,000 shares authorized, no shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 0 0
Common shares, $0.01 par value, 600,000,000 shares authorized, 164,005,450 shares issued as of both March 31, 2026 and December 31, 2025; 153,325,078 and 159,139,562 shares outstanding as of March 31, 2026 and December 31, 2025, respectively 1,641 1,641
Additional paid-in capital 1,262,973 1,255,653
Accumulated deficit (138,639) (129,876)
Accumulated other comprehensive income (loss) (1,869) 2,040
Treasury stock at cost, 10,680,372 and 4,865,888 shares at March 31, 2026 and December 31, 2025, respectively (107,062) (66,663)
Total stockholders' equity 1,017,044 1,062,795
Total liabilities and stockholders' equity $ 1,500,368 $ 1,556,582