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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 178,699 $ 181,534
Accounts receivable, net of allowances of $8,453 and $6,591 at September 30, 2020 and December 31, 2019, respectively (includes related party receivables of $10,013 and $209 at September 30, 2020 and December 31, 2019, respectively) 40,723 38,239
Prepaid expenses 7,197 7,158
Other current assets 5,904 6,033
Disposal Group, Including Discontinued Operation, Assets, Current 27,280 6,777
Total current assets 259,803 239,741
Property and equipment, net 23,789 27,781
Operating lease right-of-use assets 31,752 36,064
Goodwill 51,205 59,469
Intangible assets, net 7,200 9,000
Equity method investment 20,433 21,894
Other assets 3,367 3,620
Disposal Group, Including Discontinued Operation, Other Assets 0 24,118
Total assets 397,549 421,687
Current liabilities    
Accounts payable (includes related party payables of $405 and $6,439 at September 30, 2020 and December 31, 2019, respectively) 13,140 21,319
Accrued employee expenses 5,117 5,969
Operating lease liabilities, current 4,625 5,875
Accrued expenses and other current liabilities (includes related party accrued expenses of $0 and $1,299 at September 30, 2020 and December 31, 2019, respectively) 16,196 20,252
Disposal Group, Including Discontinued Operation, Liabilities, Current 754 755
Total current liabilities 39,832 54,170
Deferred tax liabilities 442 783
Operating lease liabilities, net of current portion 33,312 37,127
Other liabilities 2,060 2,336
Total liabilities 75,646 94,416
Commitments and contingencies (Note 8)
Stockholders’ Equity    
Preferred stock — $0.0001 par value; 20,000,000 shares authorized at September 30, 2020 and December 31, 2019; no shares issued and outstanding at September 30, 2020 and December 31, 2019 0 0
Common stock — $0.0001 par value; 1,000,000,000 shares authorized at September 30, 2020 and December 31, 2019; 106,072,807 and 106,865,830 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 11 11
Additional paid-in capital 764,276 759,322
Accumulated deficit (442,384) (432,062)
Total stockholders’ equity 321,903 327,271
Total liabilities and stockholders’ equity $ 397,549 $ 421,687