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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 360,434 $ 300,866
Short-term investments 256,253 266,569
Accounts receivable (net of allowance for doubtful accounts of $447 and $1,400 at March 31, 2023 and December 31, 2022, respectively) 123,855 187,341
Deferred commissions 44,045 44,270
Prepaid expenses and other current assets 66,466 58,121
Total current assets 851,053 857,167
Property and equipment, net 45,092 46,726
Deferred commissions (net of current portion) 64,335 67,238
Operating lease right-of-use assets 37,377 38,495
Acquired intangible assets, net 72,296 75,376
Goodwill 316,520 316,520
Other assets 36,604 38,008
Total assets 1,423,277 1,439,530
Current liabilities:    
Accounts payable and accrued expenses 21,872 18,722
Accrued compensation 36,786 52,620
Deferred revenue 490,076 502,115
Operating lease liabilities 5,958 5,821
Other current liabilities 5,259 4,882
Total current liabilities 559,951 584,160
Deferred revenue (net of current portion) 151,992 162,487
Term loan, net of issuance costs (net of current portion) 361,287 361,970
Operating lease liabilities (net of current portion) 51,088 52,611
Other liabilities 7,280 7,436
Total liabilities 1,131,598 1,168,664
Stockholders’ equity:    
Common stock (par value: $0.01; 500,000 shares authorized; 114,743 and 113,056 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively) 1,147 1,131
Additional paid-in capital 1,063,051 1,017,837
Accumulated other comprehensive loss (671) (1,351)
Accumulated deficit (771,848) (746,751)
Total stockholders’ equity 291,679 270,866
Total liabilities and stockholders’ equity $ 1,423,277 $ 1,439,530