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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 204,434 $ 123,413
Short-term investments 36,384 116,158
Accounts receivable, net of allowance for doubtful accounts of $2,251 and $1,829 at March 31, 2020 and December 31, 2019, respectively 64,388 87,927
Deferred contract acquisition and fulfillment costs, current portion 17,486 17,047
Prepaid expenses and other current assets 19,624 20,051
Total current assets 342,316 364,596
Long-term investments 12,804 22,887
Property and equipment, net 50,075 50,670
Operating lease right-of-use assets 62,942 60,984
Deferred contract acquisition and fulfillment costs, non-current portion 34,289 34,213
Goodwill 97,866 97,866
Intangible assets, net 27,867 28,561
Other assets 5,518 5,136
Total assets 633,677 664,913
Current liabilities:    
Accounts payable 10,062 6,836
Accrued expenses 26,486 41,021
Operating lease liabilities, current portion 8,866 7,179
Deferred revenue, current portion 219,432 231,518
Other current liabilities 35 119
Total current liabilities 264,881 286,673
Convertible senior notes, net 187,944 185,200
Operating lease liabilities, non-current portion 71,586 72,294
Deferred revenue, non-current portion 31,641 36,226
Other long-term liabilities 1,325 1,352
Total liabilities 557,377 581,745
Stockholders’ equity:    
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at March 31, 2020 and December 31, 2019; 0 shares issued at March 31, 2020 and December 31, 2019 0 0
Common stock, $0.01 par value per share; 100,000,000 shares authorized at March 31, 2020 and December 31, 2019; 50,906,182 and 50,397,922 shares issued at March 31, 2020 and December 31, 2019, respectively; 50,419,374 and 49,911,114 shares outstanding at March 31, 2020 and December 31, 2019, respectively 504 499
Treasury stock, at cost, 486,808 shares at March 31, 2020 and December 31, 2019 (4,764) (4,764)
Additional paid-in-capital 621,992 605,650
Accumulated other comprehensive (loss) income (78) 213
Accumulated deficit (541,354) (518,430)
Total stockholders’ equity 76,300 83,168
Total liabilities and stockholders’ equity $ 633,677 $ 664,913