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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 287,455 $ 278,000
Short-term investments 238,645 234,292
Accounts receivable (net of allowance for doubtful accounts of $423 and $524 at March 31, 2022 and December 31, 2021, respectively) 96,381 136,601
Deferred commissions 40,335 40,311
Prepaid expenses and other current assets 59,415 60,234
Total current assets 722,231 749,438
Property and equipment, net 39,598 36,833
Deferred commissions (net of current portion) 58,928 59,638
Operating lease right-of-use assets 37,521 38,530
Acquired intangible assets, net 73,221 71,536
Goodwill 280,574 261,614
Other assets 25,802 31,230
Total assets 1,237,875 1,248,819
Current liabilities:    
Accounts payable and accrued expenses 17,057 16,254
Accrued compensation 35,236 54,051
Deferred revenue 404,786 407,498
Operating lease liabilities 3,564 2,320
Other current liabilities 3,162 3,759
Total current liabilities 463,805 483,882
Deferred revenue (net of current portion) 122,722 123,387
Term loan, net of issuance costs (net of current portion) 364,063 364,728
Operating lease liabilities (net of current portion) 53,685 55,046
Other liabilities 6,632 6,463
Total liabilities 1,010,907 1,033,506
Stockholders’ equity:    
Common stock (par value: $0.01; 500,000 shares authorized; 110,287 and 108,929 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively) 1,103 1,089
Additional paid-in capital 906,263 869,059
Accumulated other comprehensive loss (1,363) (306)
Accumulated deficit (679,035) (654,529)
Total stockholders’ equity 226,968 215,313
Total liabilities and stockholders’ equity $ 1,237,875 $ 1,248,819