v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 71,168 $ 91,423
Investments 81,027 68,325
Trade accounts receivable, net 171,407 163,838
Income taxes receivable 7,987  
Prepaid expenses and other 18,443 19,787
Restricted cash and investments 97,470 110,989
Total current assets 447,502 454,362
Property, equipment and software, net 50,295 45,954
Operating lease right-of-use assets 19,898 19,804
Restricted cash and investments 145,583 104,277
Goodwill 47,820 47,820
Other assets 6,222 3,281
Deferred income taxes 4,218 11,440
Total assets 721,538 686,938
Current liabilities:    
Accounts payable 6,593 8,264
Accrued payroll, payroll taxes and related benefits 234,080 222,331
Income taxes payable   610
Current operating lease liabilities 6,623 6,957
Current premium payable 35,276 18,920
Other accrued liabilities 9,412 12,683
Workers' compensation claims liabilities 50,006 62,917
Safety incentives liability 1,262 2,049
Total current liabilities 343,252 334,731
Long-term workers' compensation claims liabilities 117,757 153,070
Long term premium payable 37,812  
Long-term operating lease liabilities 14,590 14,225
Customer deposits and other long-term liabilities 8,987 7,070
Total liabilities 522,398 509,096
Commitments and contingencies (Notes 5, 7 and 11)  
Stockholders' equity:    
Common stock, $.01 par value; 20,500 shares authorized, 6,572 and 6,871 shares issued and outstanding in 2023 and 2022, respectively 66 69
Additional paid-in capital 36,940 32,744
Accumulated other comprehensive loss (20,801) (27,594)
Retained earnings 182,935 172,623
Total stockholders' equity 199,140 177,842
Total liabilities and stockholders' equity $ 721,538 $ 686,938

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