XML 38 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 98,688 $ 175,024
Accounts receivable (net of allowance of $1,519 and $1,238 at March 31, 2020 and December 31, 2019, respectively) 55,398 50,938
Deferred commissions, current 3,645 3,059
Unbilled receivables 5,689 5,111
Prepaid and other 7,452 4,748
Total current assets 170,872 238,880
Tax credits receivable 4,219 4,186
Property and equipment, net 4,035 3,917
Operating lease right-of-use asset 12,353 8,056
Intangible assets, net 302,948 282,727
Goodwill 377,745 346,134
Deferred commissions, noncurrent 9,427 8,763
Other assets 1,934 4,165
Total assets 883,533 896,828
Current liabilities:    
Accounts payable 4,794 5,904
Accrued compensation 5,202 11,559
Accrued expenses and other current liabilities 15,756 15,344
Deferred revenue 87,785 76,558
Due to sellers 14,731 14,276
Operating lease liabilities, current 3,828 2,533
Current maturities of notes payable (includes unamortized discount of $2,209 and $2,207 at March 31, 2020 and December 31, 2019, respectively) 3,191 3,193
Total current liabilities 135,287 129,367
Notes payable, less current maturities (includes unamortized discount of $10,887 and $11,369 at March 31, 2020 and December 31, 2019, respectively) 521,013 521,881
Deferred revenue, noncurrent 2,567 496
Operating lease liabilities, noncurrent 11,515 5,862
Noncurrent deferred tax liability, net 24,472 25,685
Other long-term liabilities 29,587 676
Total liabilities 724,441 683,967
Stockholders’ equity:    
Common stock, $0.0001 par value; 50,000,000 shares authorized: 25,305,427 and 25,250,120 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively) 3 3
Additional paid-in capital 353,720 345,127
Accumulated other comprehensive loss (43,396) (1,223)
Accumulated deficit (151,235) (131,046)
Total stockholders’ equity 159,092 212,861
Total liabilities and stockholders’ equity $ 883,533 $ 896,828