v3.21.2

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 108,869	$ 123,880
Accounts receivable (net of allowances of $3,175 at September 30, 2021 and $2,700 at December 31, 2020)	180,584	148,003
Prepaid expenses and other current assets	36,447	26,529
Income tax receivable	40,402	24,664
Total current assets	366,302	323,076
Non-current assets:
Property, equipment and capitalized software, net	174,035	168,113
Operating lease right-of-use assets	31,071	35,355
Goodwill	955,881	955,881
Intangible assets, net	422,941	452,558
Other assets	34,464	36,415
Total assets	1,984,694	1,971,398
Current liabilities:
Accounts payable and accrued expenses	44,890	52,998
Accrued compensation	34,618	40,860
Other current liabilities	42,769	39,835
Deferred revenue	9,956	10,854
Credit facilities	9,800	9,800
Operating lease liabilities	7,143	5,968
Finance lease liabilities	3,460	3,963
Total current liabilities	152,636	164,278
Non-current liabilities:
Credit facilities, less current portion	873,607	877,574
Operating lease liabilities, less current portion	37,825	40,807
Finance lease liabilities, less current portion	23,089	25,759
Other liabilities	33,329	54,350
Deferred income taxes	96,927	99,916
Total liabilities	1,217,413	1,262,684
Commitments and contingencies (Note 7)
Stockholders’ equity:
Common stock	0	0
Preferred stock, $0.0001 par value, 100,000,000 shares authorized, zero shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	0	0
Additional paid-in-capital	669,767	655,444
Retained earnings	331,361	300,890
Treasury stock, at cost, 14,620,175 shares at September 30, 2021 and December 31, 2020, respectively	(199,817)	(199,817)
Other comprehensive loss	(34,031)	(47,804)
Total stockholders’ equity	767,281	708,714
Total liabilities and stockholders’ equity	1,984,694	1,971,398
Class A Common
Stockholders’ equity:
Common stock	1	1
Class B Common
Stockholders’ equity:
Common stock	$ 0	$ 0

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Inovalon Holdings, Inc. 10-Q