Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 103,497 $ 145,167
Short-term investments 1,023 0
Restricted cash 0 5,000
Accounts receivable, net 10,194 4,438
Prepaid income taxes 1,102 6,138
Current deferred tax assets 0 62,322
Other current assets 10,924 7,389
Total current assets 126,740 230,454
Property, equipment and software, net 27,217 14,594
Non-current deferred tax asset 300,825 201,163
Restricted cash equivalents 1,500 0
Goodwill and other assets, net 4,007 162
Total assets 460,289 446,373
Current liabilities:    
Accounts payable 5,306 12,488
Current portion of customer liabilities 202,516 219,998
Accrued compensation and benefits 9,062 14,983
Other accrued expenses 15,743 15,680
Total current liabilities 232,627 263,149
Non-current portion of customer liabilities 432,477 317,065
Other non-current liabilities 8,498 8,405
Total liabilities 673,602 588,619
Stockholders’ equity (deficit):    
Common stock, $0.01 par value, 500,000,000 shares authorized, 113,259,408 shares issued and 107,715,436 shares outstanding at December 31, 2015; 102,890,241 shares issued and 98,112,019 shares outstanding at December 31, 2014 1,133 1,029
Additional paid-in capital 322,492 307,075
Accumulated deficit (481,773) (397,517)
Accumulated other comprehensive loss (2,488) (1,763)
Treasury stock (52,677) (51,070)
Total stockholders’ equity (deficit) (213,313) (142,246)
Total liabilities and stockholders’ equity (deficit) $ 460,289 $ 446,373