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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 307,507 $ 75,105
Short-term investments 4,124 6,862
Accounts and notes receivable, net of allowance of $1,327 and $754 as of June 30, 2018 and December 31, 2017, respectively 94,296 56,064
Contract assets, net 10,468 0
Inventory 43,967 45,465
Prepaid expenses and other current assets 26,604 21,696
Total current assets 486,966 205,192
Property and equipment, net of accumulated depreciation of $37,142 and $36,477 as of June 30, 2018 and December 31, 2017, respectively 34,503 31,172
Deferred income tax assets, net 15,813 15,755
Intangible assets, net 20,442 18,823
Goodwill 24,684 14,927
Long-term notes receivable, net of current portion 37,158 36,877
Other assets 22,831 15,366
Total assets 642,397 338,112
Current liabilities:    
Accounts payable 9,213 8,592
Accrued liabilities 29,995 23,502
Current portion of deferred revenue 76,583 70,401
Customer deposits 2,970 3,673
Current portion of business acquisition contingent consideration 1,946 1,693
Other current liabilities 191 89
Total current liabilities 120,898 107,950
Deferred revenue, net of current portion 61,456 54,881
Liability for unrecognized tax benefits 1,918 1,706
Long-term deferred compensation 3,560 3,859
Business acquisition contingent consideration, net of current portion 203 1,048
Other long-term liabilities 5,520 1,224
Total liabilities 193,555 170,668
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 June 30, 2018 and December 31, 2017 0 0
Common stock, $0.00001 par value; 200,000,000 shares authorized; 58,289,613 and 52,969,869 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 1 1
Additional paid-in capital 442,717 201,672
Treasury stock at cost, 20,220,227 shares as of June 30, 2018 and December 31, 2017 (155,947) (155,947)
Retained earnings 163,590 123,185
Accumulated other comprehensive loss (1,519) (1,467)
Total stockholders’ equity 448,842 167,444
Total liabilities and stockholders’ equity $ 642,397 $ 338,112