Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 221,591 $ 33,354
Trade receivables, net of allowances for doubtful accounts of $6,527 and $7,049 as of December 31, 2021 and December 31, 2020, respectively 122,938 94,677
Prepaid expenses and other current assets 23,295 13,904
Total current assets 367,824 141,935
Property, plant and equipment, net 17,575 18,107
Goodwill 350,560 227,349
Intangible assets, net 153,395 121,710
Deferred tax assets 60 82
Other non-current assets 2,780 2,151
Total assets 892,194 511,334
Current liabilities    
Trade payables 3,853 3,495
Accrued expense 41,456 25,419
Income tax liabilities 1,321 1,277
Current portion of capital lease obligations 1,970 1,515
Contingent considerations current 1,717 1,198
Other current liabilities 6,716 1,116
Total current liabilities 57,033 34,020
Long-term debt   22,000
Capital lease obligations 2,579 3,447
Deferred tax liabilities 30,307 31,418
Other non-current liabilities 3,209 3,292
Contingent considerations non-current   462
Total liabilities 93,128 94,639
Commitments and contingencies (Note 14)
Stockholders' equity    
Common stock, $0.001 par value, 1,000,000 shares authorized, 162,347 shares issued and 162,297 outstanding as of December 31, 2021; 700,000 shares authorized, 140,222 shares issued and 125,074 shares outstanding as of December 31, 2020 162 140
Preferred stock, $0.01 par value, 100,000 shares authorized, zero shares issued and outstanding as of December 31, 2021; 61,006 shares authorized, issued, and outstanding as of December 31, 2020. Liquidation preference: $350,000 as of December 31, 2020   610
Additional paid-in capital 717,228 620,679
Treasury stock, at cost, 50 shares and 15,146 shares as of December 31, 2021 and December 31, 2020, respectively (1,802) (260,686)
Retained earnings 84,249 54,941
Accumulated other comprehensive (loss) income, net of income taxes (771) 1,011
Total stockholders' equity 799,066 416,695
Total liabilities and stockholders' equity $ 892,194 $ 511,334