7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 
      
    		                                                       
      operating activities
    		                                                       
      net income
    		278,379,000 284,078,000 243,875,000 246,004,000 276,262,000 251,663,000 229,803,000 255,857,000 271,496,000 239,702,000 214,835,000 225,319,000 248,885,000 262,171,000 217,952,000 225,004,000 234,007,000 196,247,000 184,239,000 209,851,000 188,817,000 158,488,000 147,060,000 302,000,000 157,694,000 176,852,000 174,937,000 282,697,000 202,823,000 130,987,000 123,693,000 95,424,000 132,804,000 114,185,000 109,972,000 52,830,000 116,770,000 98,678,000 94,153,000 109,540,000 95,509,000 88,549,000 75,109,000 68,120,000 78,620,000 73,099,000 64,662,000 60,071,000 59,648,000 54,401,000 42,079,000 37,772,000 40,514,000 36,714,000 32,335,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                       
      depreciation
    		32,767,000 29,781,000 28,396,000 31,204,000 30,459,000 29,512,000 28,931,000 27,955,000 28,289,000 27,759,000 25,980,000 24,944,000 23,283,000 22,643,000 21,140,000 19,966,000 19,511,000 18,470,000 17,624,000 17,031,000 16,543,000 15,819,000 15,788,000 14,762,000 13,141,000 12,636,000 12,397,000 11,503,000 13,503,000 10,926,000 10,667,000 10,750,000 9,395,000 8,335,000 7,976,000 7,521,000 7,845,000 7,598,000 7,498,000 6,317,000 5,107,000 4,872,000 4,801,000 4,723,000 4,108,000 4,023,000 4,031,000 4,285,000 3,543,000 3,169,000 3,119,000 2,974,000 2,946,000 2,806,000 2,725,000 
      stock-based compensation
    		27,592,000 28,868,000 18,366,000 36,131,000 28,506,000 27,108,000 24,979,000 26,169,000 29,073,000 34,748,000 26,096,000  34,180,000 34,017,000 32,631,000  16,453,000 17,885,000 17,747,000 8,315,000 11,905,000 8,989,000 14,175,000 15,732,000 20,702,000 19,102,000 14,403,000 24,400,000 24,654,000 21,150,000 23,093,000 13,921,000 17,405,000 17,434,000 15,186,000 45,735,000 13,887,000 13,549,000 16,951,000 11,357,000 7,993,000 7,687,000 10,612,000 14,235,000 4,382,000 3,897,000 4,162,000 4,988,000 6,494,000 3,959,000 3,834,000 6,121,000 3,639,000 7,842,000 4,141,000 
      benefit from credit losses on accounts and other receivables
    		27,679,000 31,501,000 30,661,000 21,572,000 28,076,000 28,143,000 25,342,000 21,657,000 29,077,000 35,148,000 39,270,000  37,272,000 27,226,000 25,478,000  10,898,000                                       
      amortization of deferred financing costs and discounts
    		10,363,000 2,568,000 2,274,000 2,118,000 1,796,000 2,051,000 2,029,000 1,832,000 1,843,000 1,787,000 1,787,000 1,799,000 1,818,000 2,163,000 1,968,000 1,928,000 1,655,000 1,777,000 1,471,000 1,458,000 2,142,000 1,532,000 1,354,000 1,307,000 1,357,000 1,339,000 1,339,000 1,541,000 1,611,000 1,886,000 1,914,000 2,014,000 1,917,000 1,829,000 1,822,000 1,754,000 1,778,000 1,773,000 1,744,000                 
      amortization of intangible assets and premium on receivables
    		60,396,000 61,569,000 63,792,000 61,236,000 59,087,000 54,830,000 55,829,000 55,991,000 56,461,000 55,917,000 58,252,000 64,849,000 53,930,000 55,831,000 55,662,000 55,046,000 54,726,000 50,748,000 48,105,000 47,653,000 46,936,000 46,343,000 48,688,000 52,469,000 54,125,000 55,974,000 59,105,000                             
      loss on extinguishment of debt
    		0 0 1,596,000 0        0 0   9,964,000 0           0                            
      deferred income taxes
    		-13,004,000 -17,516,000 -7,983,000 -45,733,000 -9,310,000 -10,322,000 647,000 -27,767,000 -7,112,000 -11,300,000 -499,000 -25,187,000 2,877,000 -12,764,000 1,900,000 -5,220,000 3,349,000 4,905,000 7,992,000 -9,365,000 2,983,000 -1,408,000 -7,322,000 3,584,000 139,000 -1,644,000 -4,829,000 -209,620,000 -5,432,000 -29,207,000 -3,453,000 -5,115,000 -14,318,000 -7,120,000 -2,128,000 58,266,000 13,254,000 -22,156,000 -18,738,000 -40,436,000 -3,312,000 1,429,000 603,000 -929,000 -1,926,000 -1,586,000 -1,012,000 -5,838,000 2,668,000 -150,000 -17,000 -2,057,000 -98,000 -425,000 -340,000 
      other non-cash operating income
    		11,849,000           -319,000 176,000 312,000 113,000      -214,000 -230,000 -38,000 -46,000 -36,000 -47,000 -57,000 -12,000     -244,000                       
      changes in operating assets and liabilities
    		                                                       
      accounts and other receivables
    		-192,847,000 -174,712,000 -565,649,000 407,718,000 -87,365,000 -114,395,000 -382,889,000  -443,915,000 -736,534,000 370,962,000  275,468,000 -406,736,000 -818,969,000  -314,326,000 -237,981,000 -468,593,000  -309,995,000 203,633,000 156,052,000  -121,332,000 -231,375,000 -288,152,000  -59,815,000                           
      prepaid expenses and other current assets
    		-18,680,000 -7,931,000 -27,266,000 62,110,000 24,039,000 -64,396,000 -12,587,000 -44,950,000 36,202,000 37,936,000 40,099,000 283,057,000 -210,667,000 -66,672,000 -23,261,000 -4,275,000 75,304,000 55,970,000 59,269,000 -40,626,000 -20,111,000 91,365,000 -45,149,000 -8,032,000 822,000 -52,514,000 32,074,000 112,750,000 -67,870,000 -2,325,000 -16,453,000 6,592,000 3,345,000 -2,550,000 -2,086,000 -15,288,000 2,700,000 -1,671,000 1,695,000 5,856,000 5,249,000 -1,174,000 -7,111,000 1,700,000 -3,166,000 -1,802,000 3,194,000 -2,495,000 -7,160,000 4,697,000 -1,889,000 2,849,000 19,340,000 -1,573,000 -3,035,000 
      derivative assets and liabilities
    		-13,720,000 -54,217,000 10,442,000 -2,337,000 -18,301,000 3,772,000 1,452,000 -25,339,000 6,672,000 13,612,000 -28,223,000                                             
      other assets
    		-9,191,000 19,912,000 991,000 -14,815,000 939,000 3,708,000 -22,021,000 21,090,000 3,693,000 4,256,000 25,141,000 63,945,000 -56,743,000 -39,330,000 -8,940,000 8,462,000 7,655,000 16,106,000 4,609,000 6,527,000 5,301,000 3,874,000 -3,046,000 -5,510,000 -4,504,000 -8,317,000 -7,101,000 -5,579,000 -328,000 -12,377,000 -2,673,000 -11,230,000 247,000 2,334,000 -11,696,000 773,000 -336,000 -1,126,000 -1,835,000 11,995,000 849,000 -934,000 545,000 326,000 -742,000 -791,000 40,113,000 -1,262,000 -3,023,000 -4,447,000 -37,821,000 -1,854,000 1,033,000 0 -1,114,000 
      accounts payable, accrued expenses and customer deposits
    		-580,516,000 945,000,000 126,400,000 -125,682,000 61,086,000 329,274,000 398,544,000 285,396,000 79,937,000 795,151,000 -446,508,000 -725,610,000 -13,725,000 273,463,000 381,921,000 -48,737,000 133,867,000 142,167,000 202,862,000 -201,962,000 453,406,000 -133,815,000 -27,646,000 -389,097,000 134,011,000 87,883,000 194,589,000 -42,127,000 174,723,000 86,039,000 103,711,000 -126,261,000 157,486,000 135,365,000 125,429,000      -9,382,000 24,326,000 109,670,000  32,405,000 6,773,000 50,101,000  63,752,000 -66,794,000 57,508,000  -23,423,000 -27,995,000 84,165,000 
      net cash from operating activities
    		-378,933,000 1,140,247,000 -74,151,000 648,672,000 400,788,000 540,921,000 350,184,000 1,197,263,000 77,189,000 499,015,000 327,665,000 316,190,000 396,754,000 154,106,000 -112,253,000 597,522,000 243,099,000 278,592,000 77,850,000 257,893,000 412,528,000 382,135,000 420,033,000 348,002,000 280,291,000 74,387,000 200,702,000 256,233,000 240,486,000 124,789,000 54,215,000 301,626,000 195,430,000 87,351,000 121,505,000 230,132,000 326,040,000 131,009,000 67,403,000 290,842,000 159,771,000 106,227,000 51,494,000 167,674,000 125,299,000 96,402,000 -13,690,000 102,329,000 69,929,000 77,136,000 -113,934,000 209,108,000 68,063,000 11,248,000 -8,794,000 
      capex
    		-50,908,000 -52,636,000 -44,771,000 -44,109,000 -45,778,000 -44,096,000 -41,193,000 -36,664,000 -38,236,000 -42,185,000 -36,737,000 -43,797,000 -41,002,000 -35,242,000 -31,387,000 -37,075,000 -28,690,000 -26,239,000 -19,526,000 -23,406,000 -18,149,000 -18,613,000 -18,257,000 -25,075,000 -21,698,000 -19,400,000 -15,214,000 -20,634,000 -16,859,000 -17,804,000 -14,796,000 -17,134,000 -17,120,000 -13,018,000 -11,739,000 -12,349,000 -13,292,000 -8,129,000 -8,105,000 -8,791,000 -6,727,000 -5,968,000 -5,584,000 -5,437,000 -5,240,000 -5,346,000 -4,762,000 -5,477,000 -5,203,000 -4,868,000 -3,563,000 -5,046,000 -2,492,000 -3,322,000 -2,594,000 
      free cash flows
    		-429,841,000 1,087,611,000 -118,922,000 604,563,000 355,010,000 496,825,000 308,991,000 1,160,599,000 38,953,000 456,830,000 290,928,000 272,393,000 355,752,000 118,864,000 -143,640,000 560,447,000 214,409,000 252,353,000 58,324,000 234,487,000 394,379,000 363,522,000 401,776,000 322,927,000 258,593,000 54,987,000 185,488,000 235,599,000 223,627,000 106,985,000 39,419,000 284,492,000 178,310,000 74,333,000 109,766,000 217,783,000 312,748,000 122,880,000 59,298,000 282,051,000 153,044,000 100,259,000 45,910,000 162,237,000 120,059,000 91,056,000 -18,452,000 96,852,000 64,726,000 72,268,000 -117,497,000 204,062,000 65,571,000 7,926,000 -11,388,000 
      investing activities
    		                                                       
      acquisitions, net of cash acquired
    		0 -929,000 -153,719,000 -576,205,000 -185,848,000 -3,546,000 -56,325,000 1,587,000 -303,220,000 -3,000 -126,691,000 -56,800,000 -126,373,000 2,120,000 -35,864,000 -57,068,000 -430,058,000 -71,267,000 -43,727,000 -8,230,000 -72,065,000 -25,000 -467,000 -17,044,000 12,000 64,000 -3,875,000  -598,718,000    -1,317,912,000 -4,161,000 -9,006,000 -40,518,000 -9,067,000 -7,103,000 -851,000  -72,069,000 -170,558,000 -19,292,000 -351,372,000 -220,015,000 -62,183,000 -94,773,000 -628,000 -154,329,000 -35,480,000 -10,000 -311,830,000 -21,148,000   
      purchases of property and equipment
    		-50,908,000 -52,636,000 -44,771,000 -44,109,000 -45,778,000 -44,096,000 -41,193,000 -36,664,000 -38,236,000 -42,185,000 -36,737,000 -43,797,000 -41,002,000 -35,242,000 -31,387,000 -37,075,000 -28,690,000 -26,239,000 -19,526,000 -23,406,000 -18,149,000 -18,613,000 -18,257,000 -25,075,000 -21,698,000 -19,400,000 -15,214,000 -20,634,000 -16,859,000 -17,804,000 -14,796,000 -17,134,000 -17,120,000 -13,018,000 -11,739,000 -12,349,000 -13,292,000 -8,129,000 -8,105,000 -8,791,000 -6,727,000 -5,968,000 -5,584,000 -5,437,000 -5,240,000 -5,346,000 -4,762,000 -5,477,000 -5,203,000 -4,868,000 -3,563,000 -5,046,000 -2,492,000 -3,322,000 -2,594,000 
      proceeds from sale of cost method investment
    		0                                                       
      other
    		-9,374,000 0 14,572,000 5,570,000 0 3,373,000 -4,826,000 0 0 0 4,401,000     -2,362,000 0 24,000 57,000  -75,000 -77,000 -92,000 -11,583,000 0 -7,550,000 -3,642,000 -32,626,000 0 0 -6,327,000 0 2,077,000 -647,000 -19,000 -35,000 -197,000 -69,000 -76,000 -269,000 -91,000 -125,000 -246,000 -14,125,000 -80,000 3,000 -178,000 -1,361,000    0 0   
      net cash from investing activities
    		-60,282,000 -38,722,000 -183,918,000 -429,238,000 -231,626,000 -44,269,000 -102,344,000 -35,077,000 -144,431,000 -42,188,000 -159,027,000 -100,597,000 -167,375,000 -33,122,000 -67,251,000 -94,143,000 -458,748,000 -99,796,000 -63,244,000 -31,636,000 -37,251,000 -18,638,000 -18,724,000 45,033,000 -21,686,000 -26,886,000 -22,731,000 -156,219,000 -299,076,000 -21,384,000 -21,123,000 -18,040,000 -1,333,621,000 -17,179,000 -20,745,000 -52,867,000 -22,359,000 -15,232,000 -8,956,000 -2,313,889,000 -78,796,000 -176,526,000 -24,876,000 -356,809,000 -225,255,000 -67,529,000 -99,535,000 -6,105,000 -159,532,000 -40,348,000 -3,573,000 -316,876,000 -23,640,000 -4,107,000 -2,594,000 
      financing activities
    		                                                       
      proceeds from issuance of common stock
    		7,056,000 23,883,000 32,079,000 243,556,000 84,427,000 9,403,000 90,838,000 12,540,000 35,054,000 32,749,000 33,399,000 27,295,000 3,272,000 10,027,000 8,810,000 622,000 12,238,000 8,576,000 27,345,000 41,017,000 2,803,000 19,703,000 73,274,000 7,358,000 18,824,000 9,523,000 19,975,000 24,498,000 3,760,000 1,202,000 15,230,000 2,611,000 10,656,000 7,577,000 387,000 5,949,000 6,872,000 4,534,000 2,571,000 7,719,000 13,645,000 3,765,000 4,512,000 7,638,000 10,289,000 7,255,000 5,256,000 5,796,000 9,807,000 3,847,000 7,737,000 3,411,000 4,211,000 371,000 484,000 
      repurchase of common stock
    		-191,706,000 -32,159,000 -58,718,000 -248,750,000 -92,174,000 -658,241,000 -288,833,000 -139,949,000 -534,937,000 -2,376,000 -9,597,000 -109,556,000 -500,342,000 -372,566,000 -422,736,000 -533,445,000 -405,692,000 -254,544,000 -162,041,000 -61,501,000 -231,048,000 -27,124,000 -530,237,000 -578,045,000 0 -292,359,000 -88,292,000 -1,000 -349,999,000   -152,186,000 -9,455,000                       
      borrowings on securitization facility
    		116,000,000 170,000,000 146,000,000 9,000,000   114,000,000 -89,000,000 148,000,000 -36,000,000 -3,000,000  -118,000,000 164,000,000 318,000,000         -45,000,000 -8,000,000 110,000,000 18,000,000  53,000,000       -51,000,000 -99,000,000 85,000,000 4,000,000 281,400,000 -30,800,000 30,900,000 44,500,000 -45,000,000 -8,000,000 17,000,000 87,000,000  30,000,000 -16,000,000 61,000,000     
      deferred financing costs
    		0 0 -10,827,000 0 -5,317,000 0 -3,176,000 -138,000     -9,945,000 0 -337,000                                         
      proceeds from notes payable
    		0 0 750,000,000 0 500,000,000 0 325,000,000      0    0                                       
      principal payments on notes payable
    		-49,285,000 -49,285,000 -49,285,000 -47,425,000 -41,562,000 -25,532,000 -25,531,000 -23,500,000 -23,500,000 -23,500,000 -23,500,000 -23,500,000 -23,500,000 -2,731,937,000 -45,063,000 -45,062,000 -43,188,000 -378,062,000 -41,188,000 -41,188,000 -41,187,000 -41,188,000 -51,722,000 -394,805,000 -34,500,000 -34,500,000 -34,500,000 -34,500,000 -321,931,000 -33,362,000 -33,363,000 -33,375,000 -33,375,000 -25,875,000 -25,875,000 -25,875,000 -25,875,000 -25,875,000 -25,875,000 -526,250,000 -6,875,000 -6,875,000 -6,875,000 -6,875,000 -6,875,000 -6,875,000 -7,500,000 -6,922,000 -15,992,000 -3,750,000 -3,750,000 -3,750,000 -3,750,000 -329,736,000 -1,729,000 
      borrowings from revolver
    		1,945,000,000 2,036,000,000 2,454,000,000 2,822,000,000 3,014,000,000 2,583,000,000 1,570,000,000 2,239,960,000 2,144,000,000 2,387,000,000 1,964,000,000 2,898,000,000 2,788,000,000 1,060,000,000 490,000,000 770,000,000 735,000,000 75,000,000 330,000,000 45,000,000 625,000,000 0 573,500,000 659,072,000 60,000,000 353,761,000 420,258,000                     125,000,000 185,000,000       
      payments on revolver
    		-1,984,000,000 -2,237,000,000 -3,120,000,000 -2,535,000,000 -2,932,000,000 -1,945,000,000 -1,866,000,000 -2,348,960,000 -1,953,000,000 -2,327,000,000 -2,490,000,000 -2,868,000,000 -2,302,000,000 -956,000,000 -400,000,000 -1,180,000,000 -175,000,000 -270,000,000 -353,851,000 -209,008,000 -561,255,000 -522,184,000 -204,460,000 -201,179,000 -297,752,000 -160,758,000 -439,351,000                    -25,000,000         
      borrowing (payments) on swing line of credit
    		-23,308,000                                                       
      net cash from financing activities
    		-180,640,000 -63,942,000 142,297,000 228,753,000 415,474,000 -80,687,000 -158,551,000 -396,752,000 -259,648,000 -24,096,000 -217,715,000 -271,105,000 -162,515,000 172,213,000 -49,821,000 -235,297,000 220,552,000 375,252,000 -16,579,000 -194,874,000 -189,494,000 -717,982,000 -314,451,000 -221,483,000 -251,572,000 -5,767,000 -98,993,000 1,839,000 317,904,000 -86,899,000 19,094,000 -222,444,000 1,094,716,000 39,086,000 -157,389,000 -145,801,000 -248,928,000 -110,695,000 -142,641,000 2,218,458,000 -57,975,000 82,675,000 -80,893,000 182,120,000 143,521,000 46,493,000 63,591,000 -114,163,000 126,250,000 -62,248,000 112,149,000 260,218,000 -5,293,000 -27,696,000 8,992,000 
      effect of foreign currency exchange rates on cash
    		2,890,000 110,352,000 42,850,000 -146,853,000 23,079,000 -71,345,000 -28,148,000 60,588,000 -68,832,000 9,103,000 29,298,000 43,812,000 -122,417,000 -26,202,000 68,068,000 -26,324,000 -55,269,000 73,733,000 -43,124,000 74,376,000 -6,269,000 -6,405,000 -209,859,000 4,791,000 -3,921,000 -78,797,000 12,653,000 -23,014,000 10,864,000 1,512,000 19,356,000 8,441,000 -44,175,000 -15,491,000 8,795,000 -6,702,000 -16,538,000 -300,000 -13,482,000 -22,451,000 -16,533,000 1,892,000 -456,000 -569,000 9,219,000 -7,074,000 -9,402,000 1,527,000 7,835,000 -6,080,000 7,318,000 -4,575,000 -3,046,000 1,976,000 7,371,000 
      net increase in cash and cash equivalents and restricted cash
    		-616,965,000 1,147,935,000 -72,922,000 301,334,000 607,715,000 344,620,000 61,141,000 826,022,000 -395,722,000   -11,700,000 -55,553,000   241,758,000 -50,366,000   105,759,000 179,514,000 -360,890,000 -123,001,000 176,343,000 3,112,000 -37,063,000 91,631,000                             
      cash and cash equivalents and restricted cash, beginning of period
    		0    0 0 3,141,535,000  0 0 2,289,180,000  0 0 2,250,695,000  0 0 1,476,619,000  0 0 1,675,237,000  0 0 1,130,870,000                             
      cash and cash equivalents and restricted cash, end of period
    		-616,965,000    607,715,000 344,620,000 3,202,676,000  -395,722,000 441,834,000 2,269,401,000  -55,553,000 266,995,000 2,089,438,000  -50,366,000 627,781,000 1,431,522,000  179,514,000 -360,890,000 1,552,236,000  3,112,000 -37,063,000 1,222,501,000                             
      supplemental cash flow information
    		                                                       
      cash paid for interest
    		118,581,000 119,774,000 119,022,000 126,294,000 131,892,000 122,139,000 115,773,000 121,285,000 111,249,000 111,200,000 104,650,000 91,331,000 64,987,000 39,356,000 33,967,000 36,358,000 41,328,000 27,086,000 27,732,000 27,896,000 30,110,000 28,060,000 40,394,000 42,964,000 40,482,000 37,669,000 35,634,000 34,272,000 10,713,000 35,241,000 33,190,000  18,164,000 15,051,000 15,310,000 16,578,000 17,076,000 17,593,000 21,290,000 9,860,000 6,441,000 6,533,000 6,264,000 12,845,000 4,779,000 4,399,000 3,863,000 3,902,000 3,649,000 3,181,000 4,028,000 3,748,000 6,878,000 153,000 4,182,000 
      cash paid for income taxes
    		119,416,000 147,242,000 114,745,000 109,480,000 79,226,000 146,408,000 38,925,000 88,576,000 80,995,000 203,327,000 35,442,000 48,664,000 93,914,000 143,357,000 72,296,000 82,693,000 33,059,000 81,928,000 32,041,000 46,226,000 62,299,000 23,851,000 32,939,000 44,941,000 49,581,000 96,152,000 16,830,000 134,843,000 69,192,000 99,654,000 88,503,000  15,254,000 52,521,000 11,824,000 36,041,000 17,105,000 14,242,000 15,992,000 15,571,000 10,856,000 31,832,000 20,865,000 14,613,000 24,575,000 21,694,000 38,426,000 8,741,000 5,264,000 18,160,000 6,004,000 14,034,000 14,887,000 17,181,000 3,103,000 
      other non-cash operating expense
    		  -46,000 456,000 271,000 9,000 292,000  -987,000 815,000 663,000                                             
      payments on swing line of credit
    		                108,000 -17,846,000 -33,311,000                                     
      cash and cash equivalents and restricted cash, beginning of year
    		  4,456,345,000                                                     
      cash and cash equivalents and restricted cash, end of year
    		  4,383,423,000                                                     
      goodwill impairment
    		                                                       
      gain on disposition of business
    		                           1,000                            
      proceeds from disposition of a business, net of cash disposed
    		                                                       
      (payments on) borrowings from swing line of credit
    		   0                                                    
      see accompanying notes.
    		                                                       
      proceeds from disposal of a business, net of cash disposed
    		       0                                                
      investment gain
    		     -36,000 -167,000        152,000  0                                       
      borrowings (payments) on securitization facility
    		               20,000,000 98,000,000 85,000,000 215,000,000            85,000,000                      -12,000,000 8,000,000 10,000,000 
      (payments) borrowings on swing line of credit
    		     -33,818,000 -75,429,000             19,069,000 -16,232,000 18,862,000 -22,741,000                                 
      gain on sale of assets/business
    		                                                       
      accounts receivable and other receivables
    		                                                       
      borrowings (payments) on swing line of credit
    		           0 0 -1,311,000 1,505,000                                         
      borrowings on swing line of credit
    		        -75,027,000 -54,969,000 310,719,000              10,103,000 8,623,000 5,009,000  -2,445,000 -11,394,000 21,639,000                 -2,874,000        
      investment (gain) loss
    		         18,000 -190,000        -9,000 0 1,330,000                                   
      net decrease in cash and cash equivalents and restricted cash
    		          -19,779,000    -161,257,000    -45,097,000                                     
      stock based compensation
    		                                                       
      benefit from losses on accounts and other receivables
    		                  2,477,000 6,064,000 13,485,000                                   
      investment loss
    		                      2,371,000 0    667,000                            
      proceeds from disposal of investment
    		                   0                                    
      deferred financing costs paid and debt discount
    		                   -163,000 -1,500,000   -4,761,000    -1,678,000                            
      proceeds from issuance of notes payable
    		                           0                            
      deferred financing costs and debt discount
    		                                                       
      proceeds from disposal of a business
    		                  9,000         0                            
      other non-cash operating income2
    		                                                       
      proceeds from disposal of an asset/business
    		                                                       
      (payments) borrowings on securitization facility
    		                   12,000,000 34,000,000 -165,000,000 -151,973,000            -63,000,000                     
      benefit from losses on accounts receivable
    		                      117,746,000 20,857,000 17,025,000 14,498,000 11,997,000 8,908,000 8,301,000 14,660,000 12,988,000 11,373,000 10,783,000 6,893,000 6,836,000 6,342,000 5,265,000 4,877,000 8,145,000 6,303,000 5,826,000 6,729,000 5,554,000 4,798,000 4,870,000 4,739,000 4,460,000 5,108,000 5,835,000 5,996,000 4,957,000 5,626,000 4,829,000 4,924,000 3,847,000 
      loss on write-off of fixed assets
    		                                                       
      borrowings from (payments on) swing line of credit
    		                                                       
      non cash investing activity, notes assumed in acquisitions
    		                                                       
      1 reflects the impact of the company's adoption of asu 2016-02 "leases", on january 1, 2019 using the modified retrospective transition method. the adoption of the leases guidance resulted in an adjustment to other assets, other current liabilities and other noncurrent liabilities in our consolidated balance sheet for the cumulative effect of applying the standard. financial results reported in periods prior to 2019 are unchanged.
    		                                                       
      2 reflects the impact of the company's adoption of accounting standards update 2016-18, statement of cash flows (topic 230), which was adopted by the company on january 1, 2018 and applied retrospectively to results for 2017. the adoption of topic 230 resulted in the statement of cash flows presenting the changes in the total of cash, cash equivalents and restricted cash. as a result, the company will no longer present transfers between cash and cash equivalents and restricted cash in the statement of cash flows.
    		                                                       
      amortization of intangible assets
    		                           52,952,000 54,003,000 52,240,000 52,654,000 49,180,000 46,341,000 38,752,000 27,362,000 39,685,000 39,869,000 40,415,000 39,771,000 30,412,000 19,255,000 18,210,000 18,272,000 17,778,000 12,296,000 10,217,000 9,022,000 9,332,000 8,687,000 7,081,000 7,276,000 5,621,000 4,782,000 4,587,000 4,600,000 
      amortization of premium on receivables
    		                           1,374,000 1,650,000 1,544,000 1,544,000 1,478,000 1,348,000 1,349,000 990,000 811,000 812,000 814,000 813,000 814,000 815,000 816,000 814,000 815,000 816,000 816,000 816,000 816,000 816,000 817,000 816,000 816,000 816,000 818,000 816,000 
      restricted cash
    		                           7,770,000 16,634,000 -9,456,000 -19,283,000 26,438,000 -42,299,000 -10,188,000 23,743,000 -41,373,000 -93,000 210,000 5,580,000 516,000 4,017,000 688,000 1,404,000 1,764,000 -1,533,000 872,000 4,327,000 -1,488,000 -2,059,000 7,082,000 -1,447,000 1,637,000 5,609,000 3,311,000 -3,978,000 
      excess tax benefits related to stock-based compensation
    		                                 -2,068,000 -1,118,000 -1,972,000 -14,816,000 -3,221,000 -6,418,000 -3,539,000 -34,617,000 -2,508,000 -16,126,000 -8,216,000 -12,303,000 -6,173,000 -5,843,000 -6,178,000 -8,427,000 -5,867,000 -8,883,000 -5,557,000 -6,349,000 -1,034,000 -787,000 
      acquisitions, net of cash acquired1
    		                                                       
      payment of contingent consideration
    		                                   -1,867,000 -502,000 0 -39,808,000                 
      net increase in cash
    		                                                       
      cash and cash equivalents, beginning of year
    		                                                       
      cash and cash equivalents, end of year
    		                                                       
      1amounts reported in acquisitions and investment, net of cash acquired, includes debt assumed and immediately repaid in acquisitions.
    		                                                       
      borrowings from revolver – a facility
    		                            755,000,000 0 90,000,000  965,107,000 100,000,000 40,000,000      40,000,000               
      payments on revolver – a facility
    		                            -588,907,000 -55,952,000 -159,949,000  -380,940,000 -180,000,000 -110,000,000  -135,000,000 -156,082,000 -120,736,000  -119,008,000 -127,574,000 -134,803,000             
      net increase in cash and cash equivalents
    		                            270,178,000 18,018,000 71,542,000          6,467,000    52,784,000 68,292,000 -59,036,000    1,960,000    4,975,000 
      cash and cash equivalents, beginning of period
    		                            0 0 475,018,000  0 0 447,152,000  0 0 477,069,000  0 0 338,105,000  0 0 283,649,000  0 0 285,159,000  0 0 114,804,000 
      cash and cash equivalents, end of period
    		                            270,178,000 18,018,000 546,560,000  -87,650,000 93,767,000 399,318,000  38,215,000 4,782,000 379,393,000  6,467,000 14,268,000 283,374,000  52,784,000 68,292,000 224,613,000  44,482,000 -31,540,000 287,119,000  36,084,000 -18,579,000 119,779,000 
      equity method investment loss
    		                             2,354,000 2,377,000    2,193,000 43,742,000 6,108,000 5,118,000 2,700,000 4,897,000 2,200,000               
      accounts receivable
    		                              -236,564,000 188,459,000 -134,710,000 -209,784,000 -182,761,000 111,327,000 162,218,000 -119,143,000 -114,385,000 384,407,000 59,725,000 -44,483,000 -153,184,000 139,362,000 6,631,000 1,485,000 -192,483,000 107,613,000 -61,390,000 66,651,000 -183,976,000 60,467,000 13,917,000 -21,773,000 -132,635,000 
      other non-cash operating expenses
    		                                   -1,766,000 -1,704,000 -347,000 -425,000                 
      deferred financing costs paid
    		                               0        -43,397,000 0 -25,000 -521,000   -137,000 -1,830,000 -2,980,000 -1,000 -114,000 -681,000 0 -103,000 -7,186,000 -550,000 
      borrowings from revolver —a facility
    		                                                       
      payments on revolver —a facility
    		                                                       
      payments on foreign revolver —b facility
    		                                                       
      borrowings (payments) from swing line of credit
    		                                                       
      equity method investment (income) loss
    		                                2,744,000                       
      borrowings from notes payable
    		                                                    0   
      net decrease in cash and cash equivalents
    		                                  -47,834,000  38,215,000 4,782,000 -97,676,000    -54,731,000             
      borrowings from swing line of credit
    		                                   55,000 -10,042,000 -21,424,000 30,865,000 -47,069,000 10,537,000 41,507,000 15,000             
      other non-cash operating gains
    		                                  -215,000                     
      borrowings from foreign revolver —b facility
    		                                                       
      payments on acquired debt
    		                                                       
      accounts payable, accrued expenses, income taxes and deferred revenue
    		                                    -27,517,000 105,641,000 30,154,000                 
      payments on foreign revolver – b facility
    		                                        0 -3,736,000 -3,601,000             
      amortization of deferred financing costs
    		                                       1,197,000 537,000 531,000 531,000 842,000 841,000 833,000 760,000 683,000 545,000 541,000 510,000 513,000 508,000 377,000 466,000 
      fair value adjustment for contingent consideration arrangements
    		                                                       
      accounts payable, accrued expenses, and customer deposits
    		                                                       
      borrowings from revolver- a facility
    		                                                       
      payments on revolver- a facility
    		                                                       
      borrowings from foreign revolver- b facility
    		                                                       
      payments on foreign revolver- b facility
    		                                                       
      cash and cash equivalents at beginning of year
    		                                                       
      cash and cash equivalents at end of year
    		                                                       
      borrowings from foreign revolver – b facility
    		                                                       
      loss on early extinguishment of debt
    		                                                   0 0   
      borrowings from revolver- b facility
    		                                                       
      deferred financing fees paid
    		                                                       
      payments on us revolver
    		                                            -85,000,000           
      borrowings from us revolver
    		                                            225,000,000           
      borrowings from foreign revolver
    		                                            26,599,000           
      payments on foreign revolver
    		                                            -30,712,000           
      net proceeds from initial public offering
    		                                                       
      payment of dividends on convertible preferred stock
    		                                                       
      proceeds from (payments on) securitization facility
    		                                                       
      principal payments on revolver
    		                                               -230,000,000 -65,000,000       
      adoption of new accounting guidance related to asset securitization facility
    		                                                       
      borrowings on notes payable
    		                                                       
      borrowings from revolver and swing line of credit
    		                                                  38,960,000     
      proceeds from issuance of convertible preferred stock
    		                                                       
      principal payments on other obligations
    		                                                       
      non-cash investing activity
    		                                                       
      non-cash issuance of preferred stock
    		                                                       
      payments on securitization facility
    		                                                       
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.