v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 51,267 $ 71,168
Investments 72,410 81,027
Trade accounts receivable, net 200,368 171,407
Income taxes receivable 7,727 7,987
Prepaid expenses and other 18,513 18,443
Restricted cash and investments 125,010 97,470
Total current assets 475,295 447,502
Property, equipment and software, net 51,222 50,295
Operating lease right-of-use assets 20,719 19,898
Restricted cash and investments 141,609 145,583
Goodwill 47,820 47,820
Other assets 6,346 6,222
Deferred income taxes 4,789 4,218
Total assets 747,800 721,538
Current liabilities:    
Accounts payable 5,697 6,593
Accrued payroll, payroll taxes and related benefits 256,061 234,080
Current operating lease liabilities 6,345 6,623
Current premium payable 65,820 35,276
Other accrued liabilities 7,516 10,674
Workers' compensation claims liabilities 46,555 50,006
Total current liabilities 387,994 343,252
Long-term workers' compensation claims liabilities 111,499 117,757
Long-term premium payable 33,435 37,812
Long-term operating lease liabilities 15,594 14,590
Customer deposits and other long-term liabilities 9,689 8,987
Total liabilities 558,211 522,398
Commitments and contingencies (Notes 4 and 6)
Stockholders' equity:    
Common stock, $.01 par value; 20,500 shares authorized, 6,536 and 6,572 shares issued and outstanding 65 66
Additional paid-in capital 37,696 36,940
Accumulated other comprehensive loss (22,297) (20,801)
Retained earnings 174,125 182,935
Total stockholders' equity 189,589 199,140
Total liabilities and stockholders' equity $ 747,800 $ 721,538

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