Balance Sheet Components

6 Months Ended

Jun. 30, 2015

Balance Sheet Components

Balance Sheet Components

4. Balance Sheet Components

Cash and Cash Equivalents

Cash and cash equivalents consist of the following:

	June 30,		December 31,
	2015		2014
	(in thousands)
Cash	$	17,365	$	8,598
Cash equivalents:
Money market funds	93,055		104,021
Certificates of deposit	25		25
	93,080		104,046
Cash and cash equivalents	$	110,445	$	112,644

Accounts Receivable

Accounts receivable consist of the following:

	June 30,			December 31,
	2015			2014
	(in thousands)
Accounts receivable	$	46,083		$	38,260
Allowance for doubtful accounts	(339		)	(393		)
Accounts receivable, net	$	45,744		$	37,867

Property and Equipment, Net

Property and equipment, net consists of the following:

	June 30,			December 31,
	2015			2014
	(in thousands)
Computer equipment	$	23,633		$	18,384
Software	2,900			2,417
Office furniture	2,449			2,071
Leasehold improvements	6,466			5,123
Construction in progress	2,745			1,745
Total property and equipment	38,193			29,740
Less accumulated depreciation	(17,532		)	(12,908		)
Property and equipment, net	$	20,661		$	16,832

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities are as follows:

	June 30,		December 31,
	2015		2014
	(in thousands)
Accrued bonuses, commissions and wages	$	11,318	$	10,553
Accrued ESPP	2,242		2,324
Accrued vacation	3,724		2,972
Accrued marketing expenses	1,072		1,313
Accrued other	5,324		3,529
Total	$	23,680	$	20,691