XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 19,037 $ 22,326
Accounts receivable (net of allowance of $1,183 and $1,069 at June 30, 2018 and December 31, 2017, respectively) 26,831 26,504
Deferred commissions, current 2,185 0
Prepaid and other 3,369 2,856
Total current assets 51,422 51,686
Canadian tax credits receivable 1,478 1,196
Property and equipment, net 2,641 2,927
Intangible assets, net 114,777 70,043
Goodwill 157,389 154,607
Deferred commissions, noncurrent 5,023 0
Other assets 167 800
Total assets 332,897 281,259
Current liabilities:    
Accounts payable 4,339 3,887
Accrued compensation 4,085 5,157
Accrued expenses and other 12,709 12,148
Deferred revenue 44,388 43,807
Due to sellers 10,362 7,839
Current maturities of notes payable (includes unamortized discount of $835 and $699 at June 30, 2018 and December 31, 2017, respectively) 3,290 2,301
Total current liabilities 79,173 75,139
Notes payable, less current maturities (includes unamortized discount of $2,055 and $1,969 at June 30, 2018 and December 31, 2017, respectively) 155,757 108,843
Deferred revenue 894 1,570
Noncurrent deferred tax liability, net 6,358 3,262
Other long-term liabilities 961 1,030
Total liabilities 243,143 189,844
Stockholders’ equity:    
Common stock, $0.0001 par value; 50,000,000 shares authorized: 21,516,738 and 20,768,401 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively) 2 2
Additional paid-in capital 178,062 174,944
Accumulated other comprehensive loss (5,083) (2,403)
Accumulated deficit (83,227) (81,128)
Total stockholders’ equity 89,754 91,415
Total liabilities and stockholders’ equity $ 332,897 $ 281,259