v3.25.4
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 303,701 $ 416,434
Accounts receivable, net 33,054 36,670
Other current assets 29,627 41,981
Total current assets 366,382 495,085
Capitalized software, leasehold improvements and equipment, net 99,101 79,564
Goodwill 890,066 883,440
Intangible assets, net 167,142 167,662
Deferred income taxes 126,229 169,073
Other non-current assets, net 31,448 35,911
TOTAL ASSETS 1,680,368 1,830,735
LIABILITIES:    
Accounts payable 34,031 18,319
Deferred revenue 22,096 42,008
Accrued expenses and other current liabilities 166,311 171,351
Total current liabilities 222,438 231,678
Long-term debt, net 497,667 496,840
Deferred income taxes 1,498 1,500
Other long-term liabilities 31,399 37,916
Commitments and contingencies
SHAREHOLDERS’ EQUITY:    
Additional paid-in capital 1,427,693 1,465,640
Accumulated deficit (150,880) (195,015)
Accumulated other comprehensive income (loss) 5,938 (2,495)
Treasury stock, 14,220 and 3,716 shares, respectively (355,923) (205,864)
Total shareholders’ equity 927,366 1,062,801
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 1,680,368 1,830,735
Class A Common Stock    
SHAREHOLDERS’ EQUITY:    
Common stock, value 538 113
Class B Common Stock    
SHAREHOLDERS’ EQUITY:    
Common stock, value 0 422
Class C Common Stock    
SHAREHOLDERS’ EQUITY:    
Common stock, value $ 0 $ 0