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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 445,316 $ 300,866
Short-term investments 247,658 266,569
Accounts receivable (net of allowance for doubtful accounts of $225 and $1,400 at September 30, 2023 and December 31, 2022, respectively) 179,432 187,341
Deferred commissions 46,132 44,270
Prepaid expenses and other current assets 52,529 58,121
Total current assets 971,067 857,167
Property and equipment, net 44,076 46,726
Deferred commissions (net of current portion) 65,412 67,238
Operating lease right-of-use assets 35,989 38,495
Acquired intangible assets, net 66,169 75,376
Goodwill 316,520 316,520
Other assets 25,213 38,008
Total assets 1,524,446 1,439,530
Current liabilities:    
Accounts payable and accrued expenses 26,880 18,722
Accrued compensation 44,850 52,620
Deferred revenue 518,372 502,115
Operating lease liabilities 5,655 5,821
Other current liabilities 4,986 4,882
Total current liabilities 600,743 584,160
Deferred revenue (net of current portion) 163,086 162,487
Term loan, net of issuance costs (net of current portion) 359,941 361,970
Operating lease liabilities (net of current portion) 49,382 52,611
Other liabilities 7,621 7,436
Total liabilities 1,180,773 1,168,664
Stockholders’ equity:    
Common stock (par value: $0.01; 500,000 shares authorized; 116,470 and 113,056 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively) 1,165 1,131
Additional paid-in capital 1,146,435 1,017,837
Accumulated other comprehensive loss (540) (1,351)
Accumulated deficit (803,387) (746,751)
Total stockholders’ equity 343,673 270,866
Total liabilities and stockholders’ equity $ 1,524,446 $ 1,439,530