Balance Sheet

v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 68,688 $ 44,570
Investments 101,244 82,590
Trade accounts receivable, net 118,506 163,561
Income taxes receivable 6,485 1,335
Prepaid expenses and other 15,961 14,919
Restricted cash and investments 96,991 116,873
Total current assets 407,875 423,848
Property, equipment and software, net 34,916 31,724
Operating lease right-of-use assets 23,025 23,805
Restricted cash and investments 258,153 327,326
Goodwill 47,820 47,820
Other assets 3,161 3,618
Deferred income taxes   2,788
Total assets 774,950 860,929
Current liabilities:    
Current portion of long-term debt 221 221
Accounts payable 4,746 5,993
Accrued payroll, payroll taxes and related benefits 149,989 174,168
Current operating lease liabilities 7,539 6,671
Other accrued liabilities 7,275 8,846
Workers' compensation claims liabilities 102,040 118,273
Safety incentives liability 18,827 27,950
Total current liabilities 290,637 342,122
Long-term workers' compensation claims liabilities 255,706 320,713
Long-term debt 3,510 3,730
Deferred income taxes 4,518  
Long-term operating lease liabilities 16,419 17,883
Customer deposits and other long-term liabilities 5,925 4,682
Total liabilities 576,715 689,130
Commitments and contingencies (Notes 6, 8 and 12)
Stockholders' equity:    
Common stock, $.01 par value; 20,500 shares authorized, 7,566 and 7,514 shares issued and outstanding in 2020 and 2019, respectively 76 75
Additional paid-in capital 24,885 20,227
Accumulated other comprehensive income 7,564 2,819
Retained earnings 165,710 148,678
Total stockholders' equity 198,235 171,799
Total liabilities and stockholders' equity $ 774,950 $ 860,929

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