v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents (Note 5) $ 843.2 $ 978.0
Accounts receivable, net of allowance for expected credit losses of $14.1 and $15.4, respectively (Note 5) 231.3 174.8
Prepaid expenses and other current assets 45.4 40.8
Current assets - held for sale from discontinued operations (Note 3) 283.6 97.1
Total current assets 1,403.5 1,290.7
Property and equipment, net of accumulated depreciation of $564.1 and $537.7, respectively 153.5 164.3
Operating lease right-of-use assets 29.5 31.2
Intangible assets, net of accumulated amortization of $120.7 and $119.6, respectively 32.3 33.0
Goodwill 724.1 724.2
Non-marketable investments (Note 5) 27.3 27.9
Deferred income taxes, net 128.1 127.9
Other long-term assets 33.0 34.4
Noncurrent assets - held for sale from discontinued operations (Note 3) 0.0 191.8
TOTAL ASSETS 2,531.3 2,625.4
Current liabilities:    
Accounts payable 75.4 16.3
Deferred merchant payables 484.2 308.1
Deferred revenue (Note 4) 85.0 53.3
Current portion of debt (Note 7) 8.5 353.2
Income taxes payable (Note 8) 10.1 10.9
Accrued expenses and other current liabilities (Note 6) 175.2 200.3
Current liabilities - held for sale from discontinued operations (Note 3) 60.5 56.3
Total current liabilities 898.9 998.4
Long-term debt (Note 7) 815.9 819.0
Finance lease obligation, net of current portion 31.5 35.6
Operating lease liabilities, net of current portion 25.5 27.4
Deferred income taxes, net 1.1 1.1
Other long-term liabilities 95.9 95.8
Noncurrent liabilities - held for sale from discontinued operations (Note 3) 0.0 3.2
Total Liabilities 1,868.8 1,980.5
Commitments and contingencies (Note 9)
Stockholders' equity: (Note 11)    
Preferred stock, $0.001 par value Authorized shares: 100,000,000 Shares issued and outstanding: 0 and 0, respectively 0.0 0.0
Common stock 0.1 0.1
Additional paid-in capital 497.5 460.3
Retained earnings 306.6 316.6
Accumulated other comprehensive income (loss) (51.5) (41.9)
Treasury stock-common stock, at cost, 6,105,262 and 6,105,262 shares, respectively (90.2) (90.2)
Total Stockholders’ Equity 662.5 644.9
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,531.3 $ 2,625.4