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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 53,068 $ 53,148
Short-term investments 31,213 18,779
Accounts receivable, net of allowance for doubtful accounts of $1,240 and $1,061 at June 30, 2017 and December 31, 2016, respectively 47,560 49,154
Prepaid expenses and other current assets 8,892 9,152
Total current assets 140,733 130,233
Long-term investments 8,799 20,162
Property and equipment, net 8,287 8,088
Goodwill 75,110 75,110
Intangible assets, net 8,294 8,946
Other assets 630 764
Total assets 241,853 243,303
Current liabilities:    
Accounts payable 2,257 4,012
Accrued expenses 20,667 23,499
Deferred revenue, current portion 126,085 116,903
Other current liabilities 1,334 1,195
Total current liabilities 150,343 145,609
Deferred revenue, non-current portion 54,344 52,160
Other long-term liabilities 2,539 3,496
Total liabilities 207,226 201,265
Stockholders’ equity:    
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at June 30, 2017 and December 31, 2016; 0 shares issued at June 30, 2017 and December 31, 2016 0 0
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2017 and December 31, 2016; 44,005,649 and 43,018,737 shares issued at June 30, 2017 and December 31, 2016, respectively; 43,532,061 and 42,554,683 shares outstanding at June 30, 2017 and December 31, 2016, respectively 435 426
Treasury stock, at cost, 473,588 and 464,054 shares at June 30, 2017 and December 31, 2016, respectively (4,531) (4,391)
Additional paid-in-capital 450,394 435,360
Accumulated other comprehensive loss (46) (19)
Accumulated deficit (411,625) (389,338)
Total stockholders’ equity 34,627 42,038
Total liabilities and stockholders’ equity $ 241,853 $ 243,303