Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 285,738 $ 267,813
Trade receivables, net of allowances for doubtful accounts of $9,883 and $8,893 as of March 31, 2023 and December 31, 2022, respectively 174,262 167,122
Prepaid expenses and other current assets 16,695 10,161
Total current assets 476,695 445,096
Property, plant and equipment, net 48,842 47,034
Operating lease right-of-use assets, net 64,381 64,692
Goodwill 343,859 343,011
Intangible assets, net 129,352 135,429
Deferred tax assets 35 35
Other non-current assets 1,701 1,731
Total assets 1,064,865 1,037,028
Current liabilities    
Trade payables 10,672 6,675
Accrued expenses 25,485 33,085
Operating lease liabilities, current 7,852 7,041
Income tax liabilities 22,801 11,953
Current portion of finance lease obligations 1,615 1,846
Other current liabilities 7,585 8,310
Total current liabilities 76,010 68,910
Operating lease liabilities, non-current 74,218 74,086
Finance lease obligations 497 779
Deferred tax liabilities 7,527 12,890
Other non-current liabilities 3,415 3,504
Total liabilities 161,667 160,169
Commitments and contingencies (Note 13)
Stockholders' equity    
Common stock, $0.001 par value, 1,000,000 shares authorized, 166,157 shares issued and 166,131 outstanding as of March 31, 2023; 1,000,000 shares authorized, 165,448 shares issued and 165,417 outstanding as of December 31, 2022 166 165
Additional paid-in capital 769,142 756,299
Treasury stock, at cost, 26 shares and 31 shares as of March 31, 2023 and December 31, 2022, respectively (669) (796)
Retained earnings 139,692 127,517
Accumulated other comprehensive loss, net of income taxes (5,133) (6,326)
Total stockholders' equity 903,198 876,859
Total liabilities and stockholders' equity $ 1,064,865 $ 1,037,028