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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 192,538 $ 107,343
Short-term investments 166,993 153,749
Restricted cash 52 68
Accounts receivable, net of allowance of $936 and $ 1,784 as of December 31, 2017 and 2016, respectively 75,535 62,571
Inventory 617 590
Prepaid expenses and other current assets 14,894 7,922
Total current assets 450,629 332,243
Property and equipment, net 25,407 21,496
Goodwill 36,389 37,448
Acquired intangible assets, net 3,184 8,393
Severance pay fund 6,554 5,070
Restricted cash 2,284 1,884
Deferred tax assets 2,022 1,220
Other assets 1,593 1,065
TOTAL ASSETS 528,062 408,819
CURRENT LIABILITIES:    
Accounts payable 5,869 5,529
Accrued compensation and benefits 22,913 20,840
Accrued and other current liabilities 11,417 7,683
Deferred revenue 126,174 104,042
Total current liabilities 166,373 138,094
Other liabilities 6,253 6,637
Deferred revenue 33,081 26,429
Accrued severance pay 7,238 5,696
TOTAL LIABILITIES 212,945 176,856
Commitments and Contingencies (Note 9)
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.0001 par value - 5,000,000 shares authorized, no shares issued and outstanding as of December 31, 2017 and 2016, respectively 0 0
Common stock, $0.0001 par value - 145,000,000 shares authorized, 34,233,888 and 33,088,990 shares issued and outstanding as of December 31, 2017 and 2016, respectively 3 3
Additional paid-in capital 572,106 510,257
Accumulated deficit (256,537) (276,819)
Accumulated other comprehensive loss (455) (1,478)
TOTAL STOCKHOLDERS' EQUITY 315,117 231,963
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 528,062 $ 408,819