v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 260,659 $ 305,993
Restricted cash 29,737 25,838
Accounts receivable, net 182,619 164,381
Settlement assets 28,072 26,098
Prepaid expenses and other assets 85,056 68,462
Total current assets 586,143 590,772
Debt securities available-for-sale, at fair value 4,236 3,202
Equity securities, at fair value 6,144 5,849
Investments in equity investees 18,452 30,120
Property and equipment, net 66,297 64,354
Operating lease right-of-use asset 36,584 38,218
Goodwill 1,070,494 891,992
Other intangible assets, net 610,782 553,082
Deferred tax asset 47,427 45,386
Derivative asset 1,990 0
Other long-term assets 31,069 20,321
Total assets 2,479,618 2,243,296
Current Liabilities:    
Accrued liabilities 143,021 125,575
Accounts payable 58,094 63,726
Contract liability 32,770 26,573
Income tax payable 11,446 3,218
Current portion of long-term debt 29,834 23,867
Short-term borrowings 35,000 10,000
Current portion of operating lease liability 5,791 5,878
Settlement liabilities 28,343 26,202
Total current liabilities 344,299 285,039
Long-term debt 1,221,871 1,053,030
Deferred tax liability 79,884 71,356
Contract liability - long term 35,016 47,032
Operating lease liability - long-term 31,822 33,305
Derivative liability 843 5,225
Other long-term liabilities 46,804 34,317
Total liabilities 1,760,539 1,529,304
Commitments and contingencies (Note 15)
Redeemable non-controlling interests 74,171 89,155
Stockholders’ equity    
Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued 0 0
Common stock, par value $0.01; 206,000,000 shares authorized; 59,752,542 shares issued and outstanding as of June 30, 2026 (December 31, 2025 - 61,756,639) 597 618
Additional paid-in capital 0 0
Accumulated earnings 643,969 687,696
Accumulated other comprehensive loss, net of tax (3,121) (66,708)
Total stockholders’ equity 641,445 621,606
Non-redeemable non-controlling interest 3,463 3,231
Total equity 644,908 624,837
Total liabilities and equity $ 2,479,618 $ 2,243,296