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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 376,059 $ 300,866
Short-term investments 269,487 266,569
Accounts receivable (net of allowance for doubtful accounts of $308 and $1,400 at June 30, 2023 and December 31, 2022, respectively) 154,436 187,341
Deferred commissions 45,036 44,270
Prepaid expenses and other current assets 54,703 58,121
Total current assets 899,721 857,167
Property and equipment, net 44,764 46,726
Deferred commissions (net of current portion) 64,546 67,238
Operating lease right-of-use assets 37,124 38,495
Acquired intangible assets, net 69,224 75,376
Goodwill 316,520 316,520
Other assets 33,940 38,008
Total assets 1,465,839 1,439,530
Current liabilities:    
Accounts payable and accrued expenses 24,855 18,722
Accrued compensation 45,220 52,620
Deferred revenue 495,199 502,115
Operating lease liabilities 5,620 5,821
Other current liabilities 6,177 4,882
Total current liabilities 577,071 584,160
Deferred revenue (net of current portion) 154,995 162,487
Term loan, net of issuance costs (net of current portion) 360,609 361,970
Operating lease liabilities (net of current portion) 51,005 52,611
Other liabilities 7,598 7,436
Total liabilities 1,151,278 1,168,664
Stockholders’ equity:    
Common stock (par value: $0.01; 500,000 shares authorized; 115,529 and 113,056 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively) 1,156 1,131
Additional paid-in capital 1,101,928 1,017,837
Accumulated other comprehensive loss (701) (1,351)
Accumulated deficit (787,822) (746,751)
Total stockholders’ equity 314,561 270,866
Total liabilities and stockholders’ equity $ 1,465,839 $ 1,439,530