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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 114,518 $ 107,721
Accounts receivable, net of allowances of $2,614 and $2,600 at March 31, 2017 and December 31, 2016, respectively (includes related party receivables of $249 and $393 at March 31, 2017 and December 31, 2016, respectively) 35,862 36,867
Prepaid expenses 7,200 6,044
Other current assets 8,946 2,278
Total current assets 166,526 152,910
Property and equipment, net 68,542 66,941
Goodwill 53,270 53,270
Intangible assets, net 18,809 19,774
Other assets 1,679 1,553
Total assets 308,826 294,448
Current liabilities    
Accounts payable (includes related party payables of $1,345 and $2,925 at March 31, 2017 and December 31, 2016, respectively) 10,617 13,827
Accrued employee expenses 17,379 8,951
Accrued expenses and other current liabilities (includes related party accrued expenses of $2,899 and $992 at March 31, 2017 and December 31, 2016, respectively) 14,762 12,583
Total current liabilities 42,758 35,361
Deferred tax liabilities 3,101 2,994
Lease financing obligations, net of current portion 28,995 28,833
Other liabilities 2,405 2,679
Total liabilities 77,259 69,867
Commitments and contingencies (Note 6)
Stockholders’ Equity    
Preferred stock — $0.0001 par value; 20,000,000 shares authorized at March 31, 2017 and December 31, 2016, respectively; no shares issued and outstanding at March 31, 2017 and December 31, 2016 0 0
Common stock — $0.0001 par value; 1,000,000,000 shares authorized at March 31, 2017 and December 31, 2016; 89,098,426 and 86,159,527 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 9 9
Additional paid-in capital 556,588 542,807
Accumulated deficit (325,030) (318,235)
Total stockholders’ equity 231,567 224,581
Total liabilities and stockholders’ equity $ 308,826 $ 294,448