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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 189,988,000 $ 201,075,000
Accounts receivable, net of allowance for doubtful accounts of $302 and $408 at September 30, 2015 and December 31, 2014, respectively 53,299,000 51,061,000
Prefunded coupons cash deposits 626,000 740,000
Deferred tax assets 410,000 457,000
Prepaid expenses and other current assets 5,494,000 2,972,000
Total current assets 249,817,000 256,305,000
Property and equipment, net 26,451,000 25,399,000
Intangible assets, net 9,839,000 11,818,000
Goodwill 29,262,000 29,277,000
Other assets 8,876,000 9,008,000
Total assets 324,245,000 331,807,000
Current liabilities:    
Accounts payable 9,461,000 6,358,000
Accrued compensation and benefits 11,560,000 14,861,000
Other current liabilities 17,779,000 15,790,000
Prefunded coupons cash obligations 626,000 740,000
Deferred revenues 7,392,000 6,219,000
Debt obligation 0 7,500,000
Total current liabilities 46,818,000 51,468,000
Other non-current liabilities 18,000 89,000
Deferred rent 683,000 738,000
Deferred tax liabilities 2,121,000 2,624,000
Total liabilities $ 49,640,000 $ 54,919,000
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.00001 par value—10,000,000 shares authorized and no shares issued or outstanding at September 30, 2015 and December 31, 2014
Common stock, $0.00001 par value—250,000,000 shares authorized; 89,042,758 shares issued and 83,232,918 outstanding at September 30, 2015; 86,224,920 shares issued and 81,380,014 outstanding at December 31, 2014 $ 1,000 $ 1,000
Additional paid-in capital 561,187,000 531,018,000
Treasury stock, at cost (71,176,000) (61,935,000)
Accumulated other comprehensive loss (51,000) (1,000)
Accumulated deficit (215,356,000) (192,195,000)
Total stockholders’ equity 274,605,000 276,888,000
Total liabilities and stockholders’ equity $ 324,245,000 $ 331,807,000