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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 23,620 $ 5,057
Accounts receivable, net of allowance of $5,494 and $3,542, respectively 101,813 75,342
Inventory, net of allowance of $76 and $152, respectively 1,475 1,470
Deferred customer acquisition costs, current portion 13,834 11,755
Prepaid expenses 22,338 26,496
Other current assets 9,988 7,634
Total current assets 173,068 127,754
Property and equipment, net of accumulated depreciation of $109,646 and $104,999, respectively 48,371 49,262
Operating Lease, Right-of-Use Asset 50,847 0
Goodwill 602,970 598,499
Software, net of accumulated amortization of $102,133 and $100,870, respectively 40,300 17,430
Capitalized Contract Cost, Net, Noncurrent 55,148 37,881
Restricted cash 2,015 2,047
Intangible assets, net of accumulated amortization of $221,182 and $162,788, respectively 249,905 299,911
Deferred tax assets 108,347 102,560
Other assets 33,729 24,144
Total assets 1,364,700 1,259,488
Current liabilities:    
Accounts payable 42,366 53,262
Accrued expenses 137,589 87,370
Deferred revenue, current portion 59,464 53,447
Current portion of notes payable 0 10,000
Total current liabilities 251,896 204,079
Indebtedness under revolving credit facility 220,500 425,000
Long-term Debt 0 84,228
Other liabilities 2,862 10,413
Total liabilities 797,638 723,720
Commitments and Contingencies (Note 15) 0 0
Stockholders’ Equity    
Common stock, par value $0.001 per share; 596,950 shares authorized at December 31, 2019 and 2018; 315,808 and 309,736 shares issued at December 31, 2019 and 2018, respectively; 242,849 and 239,743 shares outstanding at December 31, 2019 and 2018, respectively 316 310
Additional paid-in capital 1,494,469 1,415,682
Accumulated deficit (631,009) (611,985)
Treasury stock, at cost, 72,959 shares at December 31, 2019 and 69,993 shares at December 31, 2018 (306,043) (275,009)
Accumulated other comprehensive income 9,329 6,770
Total stockholders’ equity 567,062 535,768
Total liabilities and stockholders’ equity 1,364,700 1,259,488
Convertible Notes Payable 276,658 0
Operating Lease, Liability, Noncurrent 45,722 0
Capital Lease Obligations, Current $ 12,477 $ 0