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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 100,591 $ 141,927
Accounts receivable, net 147,254 148,157
Prepaid expenses and other current assets 35,283 30,176
Total current assets 283,128 320,260
Property and equipment, net 323,094 321,524
Capitalized software costs, net 115,832 107,517
Purchased intangible assets, net 119,933 126,239
Goodwill 229,157 229,157
Investments and other assets 14,168 13,965
Total assets 1,085,312 1,118,662
Current liabilities:    
Accounts payable 5,956 10,768
Accrued compensation 51,721 88,122
Accrued expenses 56,760 51,452
Long-term debt 14,517 10,762
Deferred revenue 32,368 32,593
Total current liabilities 161,322 193,697
Deferred rent, net of current portion 31,514 31,118
Long-term debt, net of current portion 283,721 287,353
Deferred revenue, net of current portion 55,452 55,946
Long-term deferred tax liability, net 2,306 1,254
Other long-term liabilities 5,324 5,988
Total liabilities $ 539,639 $ 575,356
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value: 5,000 shares authorized; no shares issued and outstanding at March 31, 2016 and December 31, 2015 $ 0 $ 0
Common stock, $0.01 par value: 125,000 shares authorized; 40,520 shares issued and 39,243 shares outstanding at March 31, 2016; 40,209 shares issued and 38,931 shares outstanding at December 31, 2015 406 403
Additional paid-in capital 525,611 522,443
Treasury stock, at cost, 1,278 shares (1,200) (1,200)
Accumulated other comprehensive loss (819) (848)
Retained earnings 21,675 22,508
Total stockholders’ equity 545,673 543,306
Total liabilities and stockholders’ equity $ 1,085,312 $ 1,118,662