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General (Tables)
 9 Months Ended
Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The Company adjusted its consolidated financial statements from amounts previously reported due to the adoption of Topic 606. Select consolidated statement of operations, consolidated balance sheet and consolidated statement of cash flows, which reflect the adoption of the new standard are as follows:
 
 
Three Months Ended
September 30, 2017
 
As Reported
 
Adjustments
 
As Adjusted
Revenues:
 
 
 
 
 
License revenues
$
29,409

 
$
(409
)
 
$
29,000

Maintenance and service revenues
24,192

 
173

 
24,365

Total revenues
53,601

 
(236
)
 
53,365

Cost of revenues
5,436

 
(13
)
 
5,423

Gross profit
48,165

 
(223
)
 
47,942

Operating costs and expenses:
 
 
 
 
 
Research and development
11,903

 
—

 
11,903

Sales and marketing
32,802

 
(344
)
 
32,458

General and administrative
6,711

 
(3
)
 
6,708

Total operating expenses
51,416

 
(347
)
 
51,069

Operating loss
(3,251
)
 
124

 
(3,127
)
Financial income, net
622

 
—

 
622

Loss before income taxes
(2,629
)
 
124

 
(2,505
)
Income taxes
(685
)
 
(74
)
 
(759
)
Net loss
$
(3,314
)
 
$
50

 
$
(3,264
)

 
Nine Months Ended
September 30, 2017
 
As Reported
 
Adjustments
 
As Adjusted
Revenues:
 
 
 
 
 
License revenues
$
76,984

 
$
(2,582
)
 
$
74,402

Maintenance and service revenues
67,171

 
816

 
67,987

Total revenues
144,155

 
(1,766
)
 
142,389

Cost of revenues
14,986

 
11

 
14,997

Gross profit
129,169

 
(1,777
)
 
127,392

Operating costs and expenses:
 
 
 
 
 
Research and development
33,810

 
—

 
33,810

Sales and marketing
96,173

 
(221
)
 
95,952

General and administrative
18,806

 
(10
)
 
18,796

Total operating expenses
148,789

 
(231
)
 
148,558

Operating loss
(19,620
)
 
(1,546
)
 
(21,166
)
Financial income, net
2,041

 
—

 
2,041

Loss before income taxes
(17,579
)
 
(1,546
)
 
(19,125
)
Income taxes
(1,649
)
 
110

 
(1,539
)
Net loss
$
(19,228
)
 
$
(1,436
)
 
$
(20,664
)

 

 
December 31, 2017
Balance Sheet Data
 
As Reported
 
Adjustments
 
As Adjusted
Assets
 

 
 

 
 

Current assets:
 

 
 

 
 

Prepaid expenses and other current assets
$
7,130

 
$
7,216

 
$
14,346

Long-term assets:
 
 
 
 
 
Other assets
$
973

 
$
6,270

 
$
7,243

 
 
 
 
 
 
Liabilities and stockholders’ equity
 
 
 
 
 
Current liabilities:
 
 
 
 
 
Deferred revenues
$
73,891

 
$
(398
)
 
$
73,493

Long-term liabilities:
 
 
 
 
 
Deferred revenues
$
7,034

 
$
(426
)
 
$
6,608

Other liabilities
$
6,561

 
$
1,246

 
$
7,807

Stockholders’ equity:
 
 
 
 
 
Accumulated deficit
$
(122,454
)
 
$
13,064

 
$
(109,390
)
 
 
 
Statement of Cash Flows
Nine Months Ended
September 30, 2017
 
As Reported
 
Adjustments
 
As Adjusted
Cash flows from operating activities
 

 
 

 
 

Net loss
$
(19,228
)
 
$
(1,436
)
 
$
(20,664
)
Amortization of deferred commissions
$
—

 
$
9,292

 
$
9,292

Deferred commissions
$
—

 
$
(9,511
)
 
$
(9,511
)
Deferred revenues
$
1,390

 
$
1,771

 
$
3,161

Other long term liabilities
$
(305
)
 
$
(116
)
 
$
(421
)
Net cash provided by operating activities
$
10,846

 
$
—

 
$
10,846
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
Derivative instruments measured at fair value and their classification on the consolidated balance sheets are presented in the following table (in thousands):
 
 
Assets (liabilities) as of
September 30, 2018
(unaudited)
 
Assets as of
December 31, 2017
 
Notional
Amount
 
Fair
Value
 
Notional
Amount
 
Fair
Value
Foreign exchange forward contract derivatives in cash flow hedging relationships - included in other current assets and accrued expenses and other short term liabilities
$
34,805

 
$
(1,819
)
 
$
1,746

 
$
163

Foreign exchange forward contract derivatives for monetary items included in other current assets
$
15,385

 
$
35

 
$
—

 
$
—
Cash, Cash Equivalents and Investments
Cash, cash equivalents and short-term investments consist of the following (in thousands):
 
 
As of September 30, 2018
 
(unaudited)
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized  
Loss
 
Fair
Value
Cash and cash equivalents
 

 
 

 
 

 
 

Cash
$
65,584

 
$
—

 
$
—

 
$
65,584

Money market funds
2,284

 
—

 
—

 
2,284

Total
$
67,868

 
$
—

 
$
—

 
$
67,868

 
 
 
 
 
 
 
 
Short-term investments
 
 
 
 
 
 
 
US Treasury securities
$
39,864

 
$
—

 
$
(13
)
 
$
39,851

Term bank deposits
50,363

 
—

 
—

 
50,363

Total
$
90,227

 
$
—

 
$
(13
)
 
$
90,214

 
 
As of December 31, 2017
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized  
Loss
 
Fair
Value
 
 
 
 
 
 
 
 
Cash and cash equivalents
 

 
 

 
 

 
 

Cash
$
49,819

 
$
—

 
$
—

 
$
49,819

Money market funds
6,870

 
—

 
—

 
6,870

Total
$
56,689

 
$
—

 
$
—

 
$
56,689

 
 
 
 
 
 
 
 
Short-term investments
 
 
 
 
 
 
 
US Treasury securities
$
39,758

 
$*)

 
$
(27
)
 
$
39,731

Term bank deposits
40,137

 
—

 
—

 
40,137

Total
$
79,895

 
$*)

 
$
(27
)
 
$
79,868

 
*) Represents an amount lower than $1
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash and cash equivalents, and long term restricted cash reported within the consolidated balance sheets that sum to the total of such amounts in the consolidated statements of cash flows:
 
 
September 30, 2018
 
September 30, 2017
Cash and cash equivalents
$
67,868

 
$
53,478

Long term restricted cash included in other assets
—

 
531

Cash, cash equivalents and long term restricted cash shown in the consolidated statement of cash flows
$
67,868

 
$
54,009