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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
[1]
CURRENT ASSETS:    
Cash and cash equivalents $ 163,935 $ 107,343
Short-term investments 179,269 153,749
Restricted cash 51 68
Accounts receivable, net of allowance of $1,208 and $ 1,784 as of September 30, 2017 and December 31, 2016, respectively 59,804 62,571
Inventory 475 590
Prepaid expenses and other current assets 14,303 7,922
Insurance recoveries receivable 19,000 0
Total current assets 436,837 332,243
Property and equipment, net 25,884 21,496
Goodwill 36,389 37,448
Acquired intangible assets, net 3,316 8,393
Severance pay fund 6,558 5,070
Restricted cash 2,203 1,884
Deferred tax assets 2,902 1,220
Other assets 1,593 1,065
TOTAL ASSETS 515,682 408,819
CURRENT LIABILITIES:    
Accounts payable 5,330 5,529
Accrued compensation and benefits 21,697 20,840
Accrued and other current liabilities 12,834 7,683
Accrued legal settlement 19,000 0
Deferred revenue 111,962 104,042
Total current liabilities 170,823 138,094
Other liabilities 8,358 6,637
Deferred revenue 30,309 26,429
Accrued severance pay 7,440 5,696
TOTAL LIABILITIES 216,930 176,856
Commitments and Contingencies (Note 6)
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.0001 par value - 5,000,000 shares authorized, no shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively 0 0
Common stock, $0.0001 par value - 145,000,000 shares authorized, 34,013,340 and 33,088,990 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively 3 3
Additional paid-in capital 559,144 510,257
Accumulated deficit (260,183) (276,819)
Accumulated other comprehensive loss (212) (1,478)
TOTAL STOCKHOLDERS' EQUITY 298,752 231,963
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 515,682 $ 408,819
[1] The Condensed Consolidated Balance Sheet as of December 31, 2016 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.