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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2017
Apr. 30, 2017
Current assets:    
Cash and cash equivalents $ 47,016 $ 52,494
Short-term investments 37,522 38,689
Accounts receivable, net of allowance for doubtful accounts of $1,037 and $1,260 as of July 31, 2017 and April 30, 2017, respectively 48,861 43,713
Prepaid expenses and other current assets 6,892 7,619
Total current assets 140,291 142,515
Property, equipment and capitalized internal-use software development costs, net 29,117 28,358
Goodwill 139,155 139,155
Acquired intangible assets, net 7,245 7,717
Other non-current assets 4,217 4,210
Total assets 320,025 321,955
Current liabilities:    
Accounts payable 4,266 4,310
Accrued expenses and other current liabilities 17,492 20,602
Revolving line of credit 27,000 32,000
Deferred revenue 73,046 69,656
Total current liabilities 121,804 126,568
Long-term liabilities:    
Deferred revenue less current portion 2,130 2,540
Other liabilities, long-term 7,273 6,542
Total liabilities 131,207 135,650
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock – $0.0001 par value; 150,000,000 shares authorized, 85,785,521 shares issued and 85,585,521 shares outstanding as of July 31, 2017; 150,000,000 shares authorized, 84,487,847 shares issued and 84,287,847 shares outstanding at April 30, 2017 8 8
Treasury stock, at cost – 200,000 shares as of July 31, 2017 and April 30, 2017 0 0
Additional paid-in capital 460,641 455,755
Accumulated other comprehensive loss (1,413) (1,682)
Accumulated deficit (270,418) (267,776)
Total stockholders’ equity 188,818 186,305
Total liabilities and stockholders’ equity $ 320,025 $ 321,955