Balance Sheet Components

9 Months Ended

Sep. 30, 2015

Balance Sheet Components

Balance Sheet Components

4. Balance Sheet Components

Cash and Cash Equivalents

Cash and cash equivalents consist of the following:

	September 30,		December 31,
	2015		2014
	(in thousands)
Cash	$	19,751	$	8,598
Cash equivalents:
Money market funds	93,077		104,021
Certificates of deposit	25		25
Total cash equivalents	93,102		104,046
Cash and cash equivalents	$	112,853	$	112,644

Accounts Receivable, Net

Accounts receivable, net consists of the following:

	September 30,			December 31,
	2015			2014
	(in thousands)
Accounts receivable	$	42,254		$	38,260
Allowance for doubtful accounts	(369		)	(393		)
Accounts receivable, net	$	41,885		$	37,867

Property and Equipment, Net

Property and equipment, net consists of the following:

	September 30,			December 31,
	2015			2014
	(in thousands)
Computer equipment	$	25,623		$	18,384
Software	2,914			2,417
Office furniture	2,641			2,071
Leasehold improvements	7,096			5,123
Construction in progress	3,111			1,745
Total property and equipment	41,385			29,740
Less accumulated depreciation	(20,390		)	(12,908		)
Property and equipment, net	$	20,995		$	16,832

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities are as follows:

	September 30,		December 31,
	2015		2014
	(in thousands)
Accrued bonuses, commissions and wages	$	10,138	$	10,553
Accrued ESPP	872		2,324
Accrued vacation	3,753		2,972
Accrued marketing expenses	2,016		1,313
Accrued other	5,227		3,529
Total	$	22,006	$	20,691