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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
[1]
CURRENT ASSETS:    
Cash and cash equivalents $ 110,017 $ 168,252
Short-term investments 149,014 96,555
Restricted cash 69 79
Accounts receivable, net of allowance of $1,432 and $ 1,438 as of September 30, 2016 and December 31, 2015, respectively 45,702 61,051
Inventory 775 815
Prepaid expenses and other current assets 7,374 7,965
Total current assets 312,951 334,717
Property and equipment, net 20,521 12,164
Goodwill 34,972 34,972
Acquired intangible assets, net 6,935 7,991
Severance pay fund 5,137 4,530
Restricted cash 1,665 1,665
Deferred tax assets 771 588
Other assets 1,244 1,042
TOTAL ASSETS 384,196 397,669
CURRENT LIABILITIES:    
Accounts payable 4,559 6,870
Accrued compensation and benefits 21,023 20,259
Accrued and other current liabilities 6,438 14,283
Deferred revenue 90,449 79,132
Total current liabilities 122,469 120,544
Other liabilities 5,349 4,515
Deferred revenue 26,101 27,525
Accrued severance pay 5,806 4,884
TOTAL LIABILITIES 159,725 157,468
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 September 30, 2016 and December 31, 2015, respectively 0 0
Common stock, $0.0001 par value - 145,000,000 shares authorized, 32,833,666 and 31,837,144 shares issued and outstanding as of September 30, 2016 and December 31, 2015, respectively 3 3
Additional paid-in capital 492,238 448,069
Accumulated deficit (267,001) (206,540)
Accumulated other comprehensive loss (769) (1,331)
TOTAL STOCKHOLDERS' EQUITY 224,471 240,201
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 384,196 $ 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.