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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
[1]
CURRENT ASSETS:    
Cash and cash equivalents $ 158,691 $ 168,252
Short-term investments 100,054 96,555
Restricted cash 69 79
Accounts receivable, net of allowance of $1,595 and $ 1,438 as of March 31, 2016 and December 31, 2015, respectively 43,570 61,051
Inventory 860 815
Prepaid expenses and other current assets 9,476 7,965
Total current assets 312,720 334,717
Property and equipment, net 17,486 12,164
Goodwill 34,972 34,972
Acquired intangible assets, net 7,639 7,991
Severance pay fund 4,789 4,530
Restricted cash 1,665 1,665
Deferred tax assets 683 588
Other assets 1,157 1,042
TOTAL ASSETS 381,111 397,669
CURRENT LIABILITIES:    
Accounts payable 7,772 6,870
Accrued compensation and benefits 17,195 20,259
Accrued and other current liabilities 6,462 14,283
Deferred revenue 82,119 79,132
Total current liabilities 113,548 120,544
Other liabilities 5,005 4,515
Deferred revenue 25,936 27,525
Accrued severance pay 5,454 4,884
TOTAL LIABILITIES 149,943 157,468
Commitments and Contingencies (Note 7) 0 0
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.0001 par value - 5,000,000 shares authorized, no shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively 0 0
Common stock, $0.0001 par value - 145,000,000 shares authorized, 32,259,601 and 31,837,144 shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively 3 3
Additional paid-in capital 461,958 448,069
Accumulated deficit (230,547) (206,540)
Accumulated other comprehensive loss (246) (1,331)
TOTAL STOCKHOLDERS' EQUITY 231,168 240,201
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 381,111 $ 397,669
[1] The Condensed Consolidated Balance Sheet as of December 31, 2015 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.