XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 87,910 $ 175,024
Accounts receivable (net of allowance of $1,771 and $1,238 at June 30, 2020 and December 31, 2019, respectively) 48,656 50,938
Deferred commissions, current 4,150 3,059
Unbilled receivables 5,508 5,111
Prepaid and other 6,604 4,748
Total current assets 152,828 238,880
Tax credits receivable 4,378 4,186
Property and equipment, net 3,951 3,917
Operating lease right-of-use asset 13,598 8,056
Intangible assets, net 292,316 282,727
Goodwill 379,486 346,134
Deferred commissions, noncurrent 10,160 8,763
Other assets 2,666 4,165
Total assets 859,383 896,828
Current liabilities:    
Accounts payable 1,976 5,904
Accrued compensation 5,933 11,559
Accrued expenses and other current liabilities 14,118 15,344
Deferred revenue 81,032 76,558
Due to sellers 5,712 14,276
Operating lease liabilities, current 3,756 2,533
Current maturities of notes payable (includes unamortized discount of $2,216 and $2,207 at June 30, 2020 and December 31, 2019, respectively) 3,184 3,193
Total current liabilities 115,711 129,367
Notes payable, less current maturities (includes unamortized discount of $10,395 and $11,369 at June 30, 2020 and December 31, 2019, respectively) 520,155 521,881
Deferred revenue, noncurrent 2,244 496
Operating lease liabilities, noncurrent 11,217 5,862
Noncurrent deferred tax liability, net 24,577 25,685
Other long-term liabilities 33,242 676
Total liabilities 707,146 683,967
Stockholders’ equity:    
Common stock, $0.0001 par value; 50,000,000 shares authorized: 25,365,735 and 25,250,120 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively) 3 3
Additional paid-in capital 363,328 345,127
Accumulated other comprehensive loss (45,700) (1,223)
Accumulated deficit (165,394) (131,046)
Total stockholders’ equity 152,237 212,861
Total liabilities and stockholders’ equity $ 859,383 $ 896,828