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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 410,000 $ 208,944
Short-term investments 40,275 267,288
Accounts receivable (net of allowances of $1,545 and $2,038 at March 31, 2018 and December 31, 2017, respectively) 78,401 90,054
Prepaid expenses and other current assets 14,200 10,441
Income tax receivable 11,810 11,987
Total current assets 554,686 588,714
Non-current assets:    
Property, equipment and capitalized software, net 139,989 125,768
Goodwill 184,932 184,932
Intangible assets, net 85,475 89,326
Other assets 10,474 6,338
Total assets 975,556 995,078
Current liabilities:    
Accounts payable 32,010 34,109
Accrued compensation 12,927 18,592
Other current liabilities 19,163 15,277
Deferred revenue 12,068 6,954
Deferred rent 805 1,818
Credit facilities 45,000 45,000
Capital lease obligation 1,815 336
Total current liabilities 123,788 122,086
Non-current liabilities:    
Credit facilities, less current portion 180,000 191,250
Capital lease obligation, less current portion 15,134 12,109
Deferred rent 1,567 219
Other liabilities 2,111 0
Deferred income taxes 21,195 26,642
Total liabilities 343,795 352,306
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Common stock 0 0
Preferred stock, $0.0001 par value, 100,000,000 shares authorized, zero shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 0 0
Additional paid-in-capital 538,873 534,159
Retained earnings 292,801 308,905
Treasury stock, at cost, 14,620,175 shares at March 31, 2018 and December 31, 2017, respectively (199,817) (199,817)
Other comprehensive loss (97) (476)
Total stockholders’ equity 631,761 642,772
Total liabilities and stockholders’ equity 975,556 995,078
Class A Common    
Stockholders’ equity:    
Common stock 0 0
Class B Common    
Stockholders’ equity:    
Common stock $ 1 $ 1