Consolidated Balance Sheets - USD ($)
|
Sep. 30, 2016 |
Dec. 31, 2015 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 34,210,795
|
$ 56,522,194
|
| Accounts receivable, net of allowance for doubtful accounts of $1,507,016 and $1,627,315 at September 30, 2016 and December 31, 2015, respectively |
245,924,827
|
196,420,614
|
| Income taxes receivable |
4,451,341
|
1,038,327
|
| Prepaid expenses |
5,111,282
|
3,605,602
|
| Other current assets |
2,233,646
|
3,237,227
|
| Total current assets |
291,931,891
|
260,823,964
|
| Noncurrent assets: |
|
|
| Property and equipment, net |
52,777,032
|
27,304,474
|
| Goodwill |
307,314,171
|
308,490,588
|
| Intangible assets, net of accumulated amortization of $38,680,343 and $26,785,810 at September 30, 2016 and December 31, 2015, respectively |
135,637,636
|
147,532,169
|
| Other noncurrent assets |
2,135,125
|
2,358,587
|
| Total noncurrent assets |
497,863,964
|
485,685,818
|
| Total assets |
789,795,855
|
746,509,782
|
| Current liabilities: |
|
|
| Accounts payable |
145,682,069
|
103,985,783
|
| Due to seller, current |
839,077
|
2,338,462
|
| Accrued expenses |
34,606,918
|
30,283,062
|
| Other current liabilities |
510,999
|
784,829
|
| Total current liabilities |
181,639,063
|
137,392,136
|
| Noncurrent liabilities: |
|
|
| Convertible notes, net |
201,796,741
|
196,659,354
|
| Due to seller, noncurrent |
870,923
|
1,748,235
|
| Other noncurrent liabilities |
18,876,027
|
2,940,435
|
| Deferred income taxes |
15,491,398
|
12,520,048
|
| Total noncurrent liabilities |
237,035,089
|
213,868,072
|
| Total liabilities |
418,674,152
|
351,260,208
|
| Stockholders' equity: |
|
|
| Common stock, par value $0.0001 per share, 100,000,000 shares authorized, 30,351,479 shares issued and 28,635,197 shares outstanding at September 30, 2016; 29,765,525 shares issued and 29,727,588 shares outstanding at December 31, 2015 |
3,038
|
2,979
|
| Treasury stock, 1,716,282 and 37,937 shares at September 30, 2016 and December 31, 2015, respectively |
(36,471,072)
|
(784,829)
|
| Additional paid-in capital |
326,005,137
|
319,002,254
|
| Retained earnings |
81,584,600
|
77,029,170
|
| Total stockholders' equity |
371,121,703
|
395,249,574
|
| Total liabilities and stockholders' equity |
$ 789,795,855
|
$ 746,509,782
|