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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 196,402 $ 107,721
Accounts receivable, net of allowances of $3,094 and $2,600 at September 30, 2017 and December 31, 2016, respectively (includes related party receivables of $218 and $393 at September 30, 2017 and December 31, 2016, respectively) 39,587 36,867
Prepaid expenses 7,114 6,044
Other current assets 2,821 2,278
Total current assets 245,924 152,910
Property and equipment, net 68,380 66,941
Goodwill 53,270 53,270
Intangible assets, net 16,878 19,774
Other assets 1,589 1,553
Total assets 386,041 294,448
Current liabilities    
Accounts payable (includes related party payables of $4,353 and $2,925 at September 30, 2017 and December 31, 2016, respectively) 21,309 13,827
Accrued employee expenses 6,692 8,951
Accrued expenses and other current liabilities (includes related party accrued expenses of $49 and $992 at September 30, 2017 and December 31, 2016, respectively) 10,954 12,583
Total current liabilities 38,955 35,361
Deferred tax liabilities 3,393 2,994
Lease financing obligations, net of current portion 29,086 28,833
Other liabilities 3,474 2,679
Total liabilities 74,908 69,867
Commitments and contingencies (Note 6)
Stockholders’ Equity    
Preferred stock — $0.0001 par value; 20,000,000 shares authorized at September 30, 2017 and December 31, 2016, respectively; no shares issued and outstanding at September 30, 2017 and December 31, 2016 0 0
Common stock — $0.0001 par value; 1,000,000,000 shares authorized at September 30, 2017 and December 31, 2016; 99,892,583 and 86,159,527 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively 10 9
Additional paid-in capital 653,732 542,807
Accumulated deficit (342,609) (318,235)
Total stockholders’ equity 311,133 224,581
Total liabilities and stockholders’ equity $ 386,041 $ 294,448