XML 35 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
Description of Business and Significant Accounting Policies (Tables) - ASC 606
3 Months Ended
Mar. 31, 2018
Schedule of changes in deferred commissions

 

 

 

 

 

 

 

 

    

March 31, 2018

    

March 31, 2017

Balance, beginning of period

 

$

18,408

 

$

18,738

Deferral of commissions earned

 

 

3,099

 

 

3,711

Recognition of commission expense

 

 

(4,073)

 

 

(4,016)

Impairment of deferred commissions

 

 

                 -

 

 

(56)

Balance, end of period

 

$

17,434

 

$

18,377

 

Schedule of adoption of the expected impact of adoption of the standards related to revenue recognition

Adoption of the standard related to revenue recognition impacted our previously reported results as follows (in thousands except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

    

Three Months Ended March 31, 2017

 

 

 

 

 

 

New Revenue

 

 

 

 

 

 

 

 

 

Standard

 

 

As

Statement of Operations:

 

As Reported

 

 

Adjustment

 

 

Adjusted

Revenue

 

$

42,288

 

$

(179)

 

$

42,109

Total operating expenses

 

 

47,826

 

 

361

 

 

48,187

Net loss

 

 

(12,833)

 

 

(540)

 

 

(13,373)

Net loss per share, basic and diluted

 

 

(0.14)

 

 

(0.01)

 

 

(0.15)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

 

 

 

 

 

New Revenue

 

 

 

 

 

 

 

 

Standard

 

As

Balance Sheets:

 

 

As Reported

 

Adjustment

 

Adjusted

Assets

 

 

 

 

 

 

 

 

 

Accounts receivable, net

 

$

48,171

 

 

2,458

 

$

50,629

Deferred commissions-current

 

 

 —

 

 

9,285

 

 

9,285

Deferred commissions-noncurrent

 

 

 —

 

 

9,123

 

 

9,123

Other assets

 

 

1,999

 

 

977

 

 

2,976

Liabilities and stockholders' equity

 

 

 

 

 

 

 

 

 

Accrued expenses

 

 

24,995

 

 

75

 

 

25,070

Unearned revenue-current

 

 

84,467

 

 

(29,362)

 

 

55,105

Unearned revenue-noncurrent

 

 

28,034

 

 

(6,117)

 

 

21,917

Customer arrangements with termination rights

 

 

 —

 

 

19,546

 

 

19,546

Total stockholders' equity

 

 

21,851

 

 

37,701

 

 

59,552