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CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Thousands, $ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 233,441 $ 328,647
Short-term investments 226,836 248,547
Accounts receivable (net of allowance for doubtful accounts of $748 and $525 at March 31, 2025 and December 31, 2024, respectively) 167,793 258,734
Deferred commissions 51,247 51,791
Prepaid expenses and other current assets 67,106 53,026
Total current assets 746,423 940,745
Property and equipment, net 41,343 39,265
Deferred commissions (net of current portion) 65,582 67,914
Operating lease right-of-use assets 40,951 45,139
Acquired intangible assets, net 128,597 94,461
Goodwill 656,481 541,292
Other assets 14,200 13,303
Total assets 1,693,577 1,742,119
Current liabilities:    
Accounts payable and accrued expenses 17,684 19,981
Accrued compensation 51,432 55,784
Deferred revenue 633,224 650,372
Operating lease liabilities 6,305 6,801
Other current liabilities 6,346 5,154
Total current liabilities 714,991 738,092
Deferred revenue (net of current portion) 175,151 182,815
Term loan, net of issuance costs (net of current portion) 356,068 356,705
Operating lease liabilities (net of current portion) 54,621 56,224
Other liabilities 9,585 8,329
Total liabilities 1,310,416 1,342,165
Stockholders’ equity:    
Common stock (par value: $0.01; 500,000 shares authorized; 124,484 and 122,371 shares issued at March 31, 2025 and December 31, 2024, respectively) 1,245 1,224
Additional paid-in capital 1,440,770 1,374,659
Treasury stock (at cost: 4,282 and 2,673 shares at March 31, 2025 and December 31, 2024, respectively) (174,911) (114,911)
Accumulated other comprehensive income 328 318
Accumulated deficit (884,271) (861,336)
Total stockholders’ equity 383,161 399,954
Total liabilities and stockholders’ equity $ 1,693,577 $ 1,742,119
Treasury Stock (in shares) 4,282 2,673