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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 59,526 $ 48,367
Short-term investments 50,254 32,774
Accounts and notes receivable, net of allowance of $322 and $251 as of December 31, 2015 and 2014, respectively 27,701 30,735
Inventory 15,763 18,323
Prepaid expenses and other current assets 8,165 4,443
Total current assets 161,409 134,642
Property and equipment, net 21,848 17,523
Deferred income tax assets, net 13,719 16,063
Intangible assets, net 7,588 3,115
Goodwill 9,596 2,206
Long-term investments 8,525 9,296
Other assets 7,196 2,523
Total assets 229,881 185,368
Current liabilities:    
Accounts payable 7,333 7,682
Accrued liabilities 8,643 9,245
Current portion of deferred revenue 20,851 14,020
Customer deposits 1,226 988
Current portion of notes payable and capital lease payable 87 38
Total current liabilities 38,140 31,973
Deferred revenue, net of current portion 30,190 21,668
Liability for unrecognized tax benefits 1,315 1,471
Long-term deferred compensation 2,199 1,121
Long-term business acquisition contingent consideration 952 0
Long-term portion of notes payable and capital lease payable 81 29
Total liabilities $ 72,877 $ 56,262
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.00001 par value; 25,000,000 shares authorized; no shares issued and outstanding as of December 31, 2015 and 2014 $ 0 $ 0
Common stock, $0.00001 par value; 200,000,000 shares authorized; 53,692,192 and 53,000,867 shares issued and outstanding as of December 31, 2015 and 2014, respectively 1 1
Additional paid-in capital 178,143 162,641
Treasury stock at cost,18,432,158 and 18,139,958 shares as of December 31, 2015 and 2014, respectively (122,201) (114,645)
Retained earnings 100,978 81,045
Accumulated other comprehensive income 83 64
Total stockholders’ equity 157,004 129,106
Total liabilities and stockholders’ equity $ 229,881 $ 185,368