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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 92,330 $ 75,105
Short-term investments 4,475 6,862
Accounts and notes receivable, net of allowance of $880 and $754 as of March 31, 2018 and December 31, 2017, respectively 87,849 56,064
Contract assets, net 9,278 0
Inventory 43,104 45,465
Prepaid expenses and other current assets 21,934 21,696
Total current assets 258,970 205,192
Property and equipment, net of accumulated depreciation of $37,518 and $36,477 as of March 31, 2018 and December 31, 2017, respectively 31,175 31,172
Deferred income tax assets, net 14,200 15,755
Intangible assets, net 17,496 18,823
Goodwill 14,947 14,927
Long-term notes receivable, net of current portion 34,624 36,877
Other assets 21,573 15,366
Total assets 392,985 338,112
Current liabilities:    
Accounts payable 11,692 8,592
Accrued liabilities 34,869 23,502
Current portion of deferred revenue 76,141 70,401
Customer deposits 3,155 3,673
Current portion of business acquisition contingent consideration 2,505 1,693
Other current liabilities 348 89
Total current liabilities 128,710 107,950
Deferred revenue, net of current portion 58,003 54,881
Liability for unrecognized tax benefits 1,810 1,706
Long-term deferred compensation 3,998 3,859
Business acquisition contingent consideration, net of current portion 201 1,048
Other long-term liabilities 934 1,224
Total liabilities 193,656 170,668
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, $0.00001 par value; 25,000,000 shares authorized; no shares issued and outstanding as of March 31, 2018 and December 31, 2017 0 0
Common stock, $0.00001 par value; 200,000,000 shares authorized; 53,307,083 and 52,969,869 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 1 1
Additional paid-in capital 202,344 201,672
Treasury stock at cost, 20,220,227 shares as of March 31, 2018 and December 31, 2017 (155,947) (155,947)
Retained earnings 155,105 123,185
Accumulated other comprehensive loss (2,174) (1,467)
Total stockholders’ equity 199,329 167,444
Total liabilities and stockholders’ equity $ 392,985 $ 338,112