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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 68,377 $ 67,904
Accounts receivable, net of allowance for expected credit losses of $931 and $628 as of June 30, 2020 and December 31, 2019, respectively 54,108 84,605
Deferred commissions 15,029 20,326
Prepaid expenses and other current assets 21,417 19,201
Total current assets 158,931 192,036
Property and equipment, net 29,019 29,937
Operating lease right-of-use assets 63,837 69,100
Goodwill 243,201 243,895
Intangible assets, net 87,994 97,363
Other assets 5,577 6,829
Total assets 588,559 639,160
Current Liabilities:    
Accounts payable 1,201 505
Accrued expenses and other current liabilities 44,272 79,857
Current portion of long-term debt 10,938 9,375
Deferred revenue 170,777 179,194
Total current liabilities 227,188 268,931
Long-term debt, net of deferred financing fees 101,235 121,170
Non-current operating lease liabilities 63,490 67,062
Other non-current liabilities 23,237 23,909
Total liabilities 415,150 481,072
Stockholders' Equity (Note 12):    
Preferred stock, $0.01 par value Authorized - 500 shares; issued and outstanding - none
Common stock, $0.01 par value Authorized - 125,000 shares Issued - 23,401 and 23,275 shares as of June 30, 2020 and December 31, 2019, respectively Outstanding - 18,770 and 18,644 shares as of June 30, 2020 and December 31, 2019, respectively 234 233
Additional paid-in capital 222,778 216,454
Retained earnings 129,314 118,147
Treasury stock - 4,631 shares as of June 30, 2020 and December 31, 2019 (171,889) (171,889)
Accumulated other comprehensive loss (7,028) (4,857)
Total stockholders’ equity 173,409 158,088
Total liabilities and stockholders’ equity $ 588,559 $ 639,160