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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 181,722 $ 107,721
Accounts receivable, net of allowances of $2,761 and $2,600 at June 30, 2017 and December 31, 2016, respectively (includes related party receivables of $240 and $393 at June 30, 2017 and December 31, 2016, respectively) 37,056 36,867
Prepaid expenses 7,050 6,044
Other current assets 1,043 2,278
Total current assets 226,871 152,910
Property and equipment, net 68,397 66,941
Goodwill 53,270 53,270
Intangible assets, net 17,843 19,774
Other assets 1,659 1,553
Total assets 368,040 294,448
Current liabilities    
Accounts payable (includes related party payables of $4,002 and $2,925 at June 30, 2017 and December 31, 2016, respectively) 18,018 13,827
Accrued employee expenses 7,399 8,951
Accrued expenses and other current liabilities (includes related party accrued expenses of $660 and $992 at June 30, 2017 and December 31, 2016, respectively) 11,994 12,583
Total current liabilities 37,411 35,361
Deferred tax liabilities 3,282 2,994
Lease financing obligations, net of current portion 29,031 28,833
Other liabilities 3,782 2,679
Total liabilities 73,506 69,867
Commitments and contingencies (Note 6)
Stockholders’ Equity    
Preferred stock — $0.0001 par value; 20,000,000 shares authorized at June 30, 2017 and December 31, 2016, respectively; no shares issued and outstanding at June 30, 2017 and December 31, 2016 0 0
Common stock — $0.0001 par value; 1,000,000,000 shares authorized at June 30, 2017 and December 31, 2016; 97,575,225 and 86,159,527 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively 10 9
Additional paid-in capital 627,614 542,807
Accumulated deficit (333,090) (318,235)
Total stockholders’ equity 294,534 224,581
Total liabilities and stockholders’ equity $ 368,040 $ 294,448