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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (40,892) $ (35,875)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Stock-based compensation expense 27,159 28,493
Depreciation 2,587 2,856
Amortization of intangible assets   100
Accretion of premium on investment securities (21) (47)
Impairment of right-of-use assets 1,328  
Provision for doubtful accounts   80
Loss on disposal of fixed assets 170 41
Changes in operating assets and liabilities:    
Accounts receivable 16,429 698
Deferred commissions 220 1,417
Other current and noncurrent assets (2,372) (4,499)
Accounts payable 637 68
Unearned revenue 964 15,952
Customer arrangements with termination rights (3,121) (3,041)
Accrued expenses and other long-term liabilities (5,504) 852
Net cash provided by (used in) operating activities (2,416) 7,095
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (1,233) (1,380)
Proceeds from maturities of investment securities 3,250 12,800
Purchase of investment securities (4,126) (9,053)
Net cash provided by (used in) investing activities (2,109) 2,367
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Employee Stock Purchase Plan 3,100 3,281
Taxes paid for net settlement of equity awards (5,492) (3,942)
Proceeds from exercise of stock options 5,481 5,909
Amounts withheld for net settlement of equity awards   (1,352)
Repurchase of common stock (8,624)  
Net cash provided by (used in) financing activities (5,535) 3,896
NET CHANGE IN CASH AND CASH EQUIVALENTS (10,060) 13,358
CASH AND CASH EQUIVALENTS-Beginning of period 104,613 85,833
CASH AND CASH EQUIVALENTS-End of period 94,553 99,191
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for income taxes 1,280 1,029
Lease payments included in cash provided by operating activities 5,540 5,406
SUPPLEMENTAL DISCLOSURES OF NONCASH FINANCING ACTIVITIES:    
Value of shares issued under the Bonus Plans 6,374 5,898
Value of shares issued under the Employee Stock Purchase Plan 4,132 4,548
Unpaid property and equipment purchases $ 155 $ 186