v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 38,223 $ 35,371
Trade accounts receivable, net 154,157 151,597
Prepaid expenses and other 16,632 13,880
Investments 569 416
Restricted cash and investments 127,076 120,409
Total current assets 336,657 321,673
Investments 1,549 1,687
Property, equipment and software, net 25,641 24,812
Operating lease right-of-use assets 24,922  
Restricted cash and investments 370,826 348,165
Goodwill 47,820 47,820
Other assets 3,425 3,474
Deferred income taxes 7,061 8,458
Total assets 817,901 756,089
Current liabilities:    
Current portion of long-term debt 221 221
Accounts payable 5,357 4,336
Accrued payroll, payroll taxes and related benefits 189,330 158,683
Income taxes payable 3,560 4,403
Current operating lease liabilities 6,299  
Other accrued liabilities 17,054 20,566
Workers' compensation claims liabilities 111,156 109,319
Safety incentives liability 26,928 29,210
Total current liabilities 359,905 326,738
Long-term workers' compensation claims liabilities 311,716 304,078
Long-term debt 3,896 3,951
Long-term operating lease liabilities 19,022  
Customer deposits and other long-term liabilities 3,489 2,285
Total liabilities 698,028 637,052
Commitments and contingencies (Notes 4, 5 and 7)
Stockholders' equity:    
Common stock, $.01 par value; 20,500 shares authorized, 7,410 and 7,395 shares issued and outstanding 74 74
Additional paid-in capital 16,768 15,437
Accumulated other comprehensive loss (1,411) (5,068)
Retained earnings 104,442 108,594
Total stockholders' equity 119,873 119,037
Total liabilities and stockholders' equity $ 817,901 $ 756,089

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