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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 300,866 $ 278,000
Short-term investments 266,569 234,292
Accounts receivable (net of allowance for doubtful accounts of $1,400 and $524 at December 31, 2022 and 2021, respectively) 187,341 136,601
Deferred commissions 44,270 40,311
Prepaid expenses and other current assets 58,121 60,234
Total current assets 857,167 749,438
Property and equipment, net 46,726 36,833
Deferred commissions (net of current portion) 67,238 59,638
Operating lease right-of-use assets 38,495 38,530
Acquired intangible assets, net 75,376 71,536
Goodwill 316,520 261,614
Other assets 38,008 31,230
Total assets 1,439,530 1,248,819
Current liabilities:    
Accounts payable and accrued expenses 18,722 16,254
Accrued compensation 52,620 54,051
Deferred revenue 502,115 407,498
Operating lease liabilities 5,821 2,320
Other current liabilities 4,882 3,759
Total current liabilities 584,160 483,882
Deferred revenue (net of current portion) 162,487 123,387
Term loan, net of issuance costs (net of current portion) 361,970 364,728
Operating lease liabilities (net of current portion) 52,611 55,046
Other liabilities 7,436 6,463
Total liabilities 1,168,664 1,033,506
Stockholders’ equity:    
Common stock (par value: $0.01; 500,000 shares authorized, 113,056 and 108,929 shares issued and outstanding at December 31, 2022 and 2021, respectively) 1,131 1,089
Additional paid-in capital 1,017,837 869,059
Accumulated other comprehensive loss (1,351) (306)
Accumulated deficit (746,751) (654,529)
Total stockholders’ equity 270,866 215,313
Total liabilities and stockholders’ equity $ 1,439,530 $ 1,248,819