v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 41,579 $ 91,423
Investments 87,653 68,325
Trade accounts receivable, net 205,217 163,838
Prepaid expenses and other 17,136 19,787
Restricted cash and investments 75,876 110,989
Total current assets 427,461 454,362
Property, equipment and software, net 48,679 45,954
Operating lease right-of-use assets 18,428 19,804
Restricted cash and investments 131,619 104,277
Goodwill 47,820 47,820
Other assets 3,765 3,281
Deferred income taxes 12,236 11,440
Total assets 690,008 686,938
Current liabilities:    
Accounts payable 5,268 8,264
Accrued payroll, payroll taxes and related benefits 247,454 222,331
Income taxes payable 786 610
Current operating lease liabilities 6,753 6,957
Current premium payable 18,853 18,920
Other accrued liabilities 6,904 12,683
Workers' compensation claims liabilities 53,622 62,917
Safety incentives liability 1,469 2,049
Total current liabilities 341,109 334,731
Long-term workers' compensation claims liabilities 124,180 153,070
Long-term premium payable 23,301  
Long-term operating lease liabilities 13,049 14,225
Customer deposits and other long-term liabilities 7,923 7,070
Total liabilities 509,562 509,096
Commitments and contingencies (Notes 4 and 6)
Stockholders' equity:    
Common stock, $.01 par value; 20,500 shares authorized, 6,617 and 6,871 shares issued and outstanding 66 69
Additional paid-in capital 34,847 32,744
Accumulated other comprehensive loss (29,677) (27,594)
Retained earnings 175,210 172,623
Total stockholders' equity 180,446 177,842
Total liabilities and stockholders' equity $ 690,008 $ 686,938

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