Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.22.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 118,440 $ 111,032
Restricted cash 1,101 5,182
Accounts receivable, net of allowance for doubtful accounts of $5,277 and $4,284 at June 30, 2022 and December 31, 2021, respectively 176,371 142,473
Prepaid expenses and other current assets 16,660 18,583
Total current assets 312,572 277,270
Property and equipment, net 10,399 11,127
Right-of-use assets, net 9,794 0
Intangible assets, net 358,913 389,483
Goodwill 810,040 819,538
Cloud computing software, net 24,142 8,133
Other non-current assets 18,829 18,211
Total assets 1,544,689 1,523,762
Current liabilities    
Accounts payable 7,117 13,688
Accrued expenses and other current liabilities 97,519 75,294
Accrued salaries and payroll 27,476 29,280
Derivative instruments, short-term 0 16,662
Debt, current portion 8,350 8,350
Total current liabilities 140,462 143,274
Debt, long-term portion 685,931 688,683
Derivative instruments, long-term 0 11,444
Tax receivable agreement liability 210,639 210,639
Deferred taxes 14,415 14,765
Operating lease liabilities, long-term 12,572 0
Other non-current liabilities 2,197 9,240
Total liabilities 1,066,216 1,078,045
Commitments and contingent liabilities (Note 12)
Preferred stock, $0.001 par value, authorized 100,000,000 shares; none issued and outstanding as of June 30, 2022 and December 31, 2021 0 0
Common stock, $0.001 par value, authorized 1,000,000,000 shares; 79,432,321 and 79,392,937 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 79 79
Additional paid-in capital 800,566 793,382
Accumulated deficit (324,354) (360,364)
Accumulated other comprehensive income 2,182 12,620
Total stockholders’ equity 478,473 445,717
Total liabilities and stockholders’ equity $ 1,544,689 $ 1,523,762