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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 11,062 $ 9,870
Short-term marketable securities 96,605 96,410
Accounts receivable, net of allowances of $1,270 and $1,170 33,922 54,090
Prepaid expenses and other current assets 12,047 13,135
Total current assets 153,636 173,505
Marketable securities, noncurrent 1,006 6,429
Property and equipment, net of accumulated depreciation of $39,297 and $36,344 10,422 12,747
Goodwill 29,753 29,753
Intangible assets, net of accumulated amortization of $24,030 and $22,292 2,808 4,546
Other assets 6,448 8,165
Total assets 204,073 235,145
Current liabilities:    
Accounts payable 3,233 3,684
Accrued payroll and related liabilities 8,380 6,954
Other accrued liabilities 5,077 7,842
Deferred revenue, current 116,218 131,850
Term debt, current 2,400 2,400
Total current liabilities 135,308 152,730
Deferred revenue, less current portion 10,155 16,392
Term debt, less current portion 0 1,200
Other long-term liabilities 2,477 2,682
Total liabilities 147,940 173,004
Commitments and contingencies (Note 9)
Stockholders’ Equity:    
Common stock, $0.0001 par value. Authorized 290,000 shares; issued – 84,134 shares at June 30, 2016 and 82,820 at December 31, 2015; outstanding – 77,709 at June 30, 2016 and 76,395 at December 31, 2015 7 7
Less treasury stock at cost (3,352) (3,352)
Additional paid-in capital 392,473 384,164
Accumulated deficit (332,671) (318,537)
Accumulated other comprehensive loss (324) (141)
Total stockholders’ equity 56,133 62,141
Total liabilities and stockholders’ equity $ 204,073 $ 235,145