v3.24.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and equivalents $ 465.4 $ 570.3
Restricted cash 0.8 0.8
Trade and other receivables, net 260.8 228.8
Prepaid expenses and other current assets 140.1 126.7
Total current assets before customer funds 867.1 926.6
Customer funds 4,969.5 5,028.6
Total current assets 5,836.6 5,955.2
Right of use lease assets, net 14.8 19.1
Property, plant, and equipment, net 220.0 210.1
Goodwill 2,383.4 2,293.9
Other intangible assets, net 256.2 230.2
Deferred sales commissions 205.6 192.1
Other assets 129.5 110.3
Total assets 9,046.1 9,010.9
Current liabilities:    
Current portion of long-term debt 7.3 7.6
Current portion of long-term lease liabilities 5.9 7.0
Accounts payable 66.3 66.7
Deferred revenue 46.5 40.2
Employee compensation and benefits 80.2 92.9
Other accrued expenses 41.8 30.4
Total current liabilities before customer funds obligations 248.0 244.8
Customer funds obligations 5,032.3 5,090.1
Total current liabilities 5,280.3 5,334.9
Long-term debt, less current portion 1,210.7 1,210.1
Employee benefit plans 25.9 27.7
Long-term lease liabilities, less current portion 14.5 18.9
Other liabilities 38.9 21.1
Total liabilities 6,570.3 6,612.7
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Common stock, $0.01 par, 500.0 shares authorized, 159.8 and 156.3 shares issued and outstanding, respectively 1.6 1.6
Additional paid in capital 3,246.7 3,151.1
Accumulated deficit (312.5) (317.8)
Accumulated other comprehensive loss (460.0) (436.7)
Total stockholders’ equity 2,475.8 2,398.2
Total liabilities and stockholders' equity $ 9,046.1 $ 9,010.9