Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 162,092 $ 111,032
Restricted cash 1,310 5,182
Accounts receivable, net of allowance for doubtful accounts of $5,812 and $4,284 at December 31, 2022 and 2021, respectively 136,656 142,473
Prepaid expenses and other current assets 18,745 18,583
Total current assets 318,803 277,270
Property and equipment, net 9,045 11,127
Right-of-use assets, net 8,423 0
Intangible assets, net 331,598 389,483
Goodwill 809,463 819,538
Cloud computing software, net 35,230 8,133
Deferred tax assets 74,236 0
Other non-current assets 18,949 18,211
Total assets 1,605,747 1,523,762
Current liabilities    
Accounts payable 11,571 13,688
Accrued expenses and other current liabilities 75,208 75,294
Accrued salaries and payroll 31,075 29,280
Derivative instruments, short-term 0 16,662
Debt, current portion 8,350 8,350
Total current liabilities 126,204 143,274
Debt, long-term portion 683,206 688,683
Derivative instruments, long-term 0 11,444
Tax receivable agreement liability 210,543 210,639
Deferred taxes liabilities 5,748 14,765
Operating lease liabilities, long- term 10,055 0
Other non-current liabilities 1,673 9,240
Total liabilities 1,037,429 1,078,045
Commitments and contingent liabilities (Note 14)
Preferred stock, $0.001 par value, authorized 100,000,000 shares; none issued and outstanding as of December 31, 2022 and 2021 0 0
Common stock, $0.001 par value, authorized 1,000,000,000 shares; 79,660,397 and 79,392,937 shares issued, and 78,131,568 and 79,392,937 shares outstanding as of December 31, 2022 and 2021, respectively 80 79
Additional paid-in capital 805,799 793,382
Treasury stock, at cost; 1,528,829 shares and no shares repurchased at December 31, 2022 and 2021, respectively (16,827) 0
Accumulated deficit (215,790) (360,364)
Accumulated other comprehensive income (loss) (4,944) 12,620
Total stockholders’ equity 568,318 445,717
Total liabilities and stockholders’ equity $ 1,605,747 $ 1,523,762