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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 125,522 $ 95,615
Accounts receivable, net of allowance of $2,692 and $3,595 in 2017 and 2016, respectively 92,231 100,285
Prepaid expenses 9,151 10,181
Other current assets 1,169 937
Total current assets 228,073 207,018
Property and equipment, net 15,493 17,424
Goodwill, net 62,248 62,228
Deferred income taxes 1,877 2,867
Other assets 7,304 7,603
Total assets 314,995 297,140
Current liabilities:    
Accounts payable 14,028 12,052
Accrued compensation and benefits 15,826 20,700
Accrued and other liabilities 12,105 12,510
Deferred revenue 75,068 63,457
Income taxes payable 7,228 8,924
Total current liabilities 124,255 117,643
Deferred rent, long-term 2,136 2,932
Deferred income taxes 69 53
Other non-current liabilities 13,579 7,146
Commitments and contingencies (Note 5)
Shareholders' equity:    
Preferred stock, no par value; 20,000,000 shares authorized, no shares issued or outstanding in 2017 and 2016
Common stock, $.01 par value; 200,000,000 shares authorized; 67,776,138 and 70,233,955 shares issued and outstanding at December 31, 2017 and December 31, 2016, respectively 678 702
Retained earnings 186,117 184,558
Accumulated other comprehensive loss (11,839) (15,894)
Total shareholders' equity 174,956 169,366
Total liabilities and shareholders' equity $ 314,995 $ 297,140