XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 14,022 $ 16,738
Accounts receivable (net of allowance of $1,354 and $1,405 at March 31, 2019 and December 31, 2018, respectively) 34,989 40,841
Deferred commissions, current 2,961 2,633
Unbilled receivables 3,373 3,694
Prepaid and other 4,094 3,382
Total current assets 59,439 67,288
Canadian tax credits receivable 1,714 1,573
Property and equipment, net 2,495 2,827
Operating lease right-of-use asset 4,644  
Intangible assets, net 170,880 179,572
Goodwill 229,319 225,322
Deferred commissions, noncurrent 7,148 6,292
Other assets 291 324
Total assets 475,930 483,198
Current liabilities:    
Accounts payable 3,278 3,494
Accrued compensation 3,152 6,581
Accrued expenses and other current liabilities 16,279 16,666
Deferred revenue 57,018 57,626
Due to sellers 16,793 17,267
Operating lease liabilities, current 2,505  
Current maturities of notes payable (includes unamortized discount of $1,113 and $1,109 at March 31, 2019 and December 31, 2018, respectively) 6,012 6,015
Total current liabilities 105,037 107,649
Notes payable, less current maturities (includes unamortized discount of $2,214 and $2,381 at March 31, 2019 and December 31, 2018, respectively) 272,098 273,713
Deferred revenue, noncurrent 329 578
Operating lease liabilities, noncurrent 2,592  
Noncurrent deferred tax liability, net 10,157 13,311
Other long-term liabilities 652 640
Total liabilities 390,865 395,891
Stockholders’ equity:    
Common stock, $0.0001 par value; 50,000,000 shares authorized: 21,443,226 and 21,489,112 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively) 2 2
Additional paid-in capital 183,700 180,481
Accumulated other comprehensive loss (5,132) (7,501)
Accumulated deficit (93,505) (85,675)
Total stockholders’ equity 85,065 87,307
Total liabilities and stockholders’ equity $ 475,930 $ 483,198