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Significant Balance Sheet Components
12 Months Ended
Dec. 31, 2015
Balance Sheet Related Disclosures [Abstract]  
Significant Balance Sheet Components

2. Significant Balance Sheet Components

Property and Equipment—Property and equipment at December 31, 2015 and 2014 consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

 

2015

 

2014

 

Computers and appliances

    

$

7,908

    

$

6,405

 

Purchased software

 

 

2,220

 

 

1,698

 

Furniture and fixtures

 

 

1,338

 

 

182

 

Leasehold improvements

 

 

2,887

 

 

717

 

Total property and equipment

 

 

14,353

 

 

9,002

 

Accumulated depreciation and amortization

 

 

(7,781)

 

 

(5,024)

 

Total property and equipment—net

 

$

6,572

 

$

3,978

 

 

Accrued Expenses—Accrued expenses at December 31, 2015 and 2014 consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

    

2015

    

2014

 

Accrued commissions

 

$

4,181

 

$

6,199

 

Accrued stock-settled bonus

 

 

4,714

 

 

 

 

Accrued vacation

 

 

512

 

 

3,589

 

Employee Stock Purchase Plan liability

 

 

2,329

 

 

4,280

 

Other accrued payroll-related expenses

 

 

2,483

 

 

2,231

 

Liability for early exercised stock options (Note 11)

 

 

48

 

 

294

 

Other accrued liabilities

 

 

4,929

 

 

4,576

 

Total accrued expenses

 

$

19,196

 

$

21,169

 

 

Deferred Revenue—Current and noncurrent deferred revenue at December 31, 2015 and 2014 consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

    

2015

    

2014

 

Perpetual license

 

$

400

 

$

3,045

 

Subscription

 

 

25,013

 

 

19,981

 

Software support

 

 

42,254

 

 

29,213

 

Professional services

 

 

2,208

 

 

1,935

 

Total current and noncurrent deferred revenue

 

$

69,875

 

$

54,174

 

 

Included in deferred perpetual license revenue is $300,000 and $2.1 million at December 31, 2015 and 2014, respectively, of revenue deferred for multiple element software license arrangements billed prior to January 1, 2013 for which we did not recognize revenue immediately due to lack of VSOE of fair value for software support and services. See Note 1 entitled “Description of Business and Significant Accounting Policies” in Item 8, “Financial Statements and Supplementary Data,” of Part II of this Annual Report on Form 10-K.