v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 52,635 $ 91,423
Investments 80,088 68,325
Trade accounts receivable, net 188,013 163,838
Prepaid expenses and other 20,605 19,787
Restricted cash and investments 108,165 110,989
Total current assets 449,506 454,362
Property, equipment and software, net 47,272 45,954
Operating lease right-of-use assets 19,273 19,804
Restricted cash and investments 99,117 104,277
Goodwill 47,820 47,820
Other assets 3,358 3,281
Deferred income taxes 10,044 11,440
Total assets 676,390 686,938
Current liabilities:    
Accounts payable 5,384 8,264
Accrued payroll, payroll taxes and related benefits 235,922 222,331
Income taxes payable 722 610
Current operating lease liabilities 7,029 6,957
Other accrued liabilities 29,314 31,603
Workers' compensation claims liabilities 58,233 62,917
Safety incentives liability 1,784 2,049
Total current liabilities 338,388 334,731
Long-term workers' compensation claims liabilities 143,408 153,070
Long-term operating lease liabilities 13,559 14,225
Customer deposits and other long-term liabilities 7,557 7,070
Total liabilities 502,912 509,096
Commitments and contingencies (Notes 4 and 6)
Stockholders' equity:    
Common stock, $.01 par value; 20,500 shares authorized, 6,800 and 6,871 shares issued and outstanding 68 69
Additional paid-in capital 33,559 32,744
Accumulated other comprehensive expense (23,942) (27,594)
Retained earnings 163,793 172,623
Total stockholders' equity 173,478 177,842
Total liabilities and stockholders' equity $ 676,390 $ 686,938

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