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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 171,852 $ 328,647
Short-term investments 211,719 248,547
Accounts receivable (net of allowance for doubtful accounts of $845 and $525 at September 30, 2025 and December 31, 2024, respectively) 200,993 258,734
Deferred commissions 50,582 51,791
Prepaid expenses and other current assets 44,186 53,026
Total current assets 679,332 940,745
Property and equipment, net 40,471 39,265
Deferred commissions (net of current portion) 64,518 67,914
Operating lease right-of-use assets 35,488 45,139
Acquired intangible assets, net 122,078 94,461
Goodwill 697,886 541,292
Other assets 12,849 13,303
Total assets 1,652,622 1,742,119
Current liabilities:    
Accounts payable and accrued expenses 20,089 19,981
Accrued compensation 48,429 55,784
Deferred revenue 639,614 650,372
Operating lease liabilities 8,327 6,801
Other current liabilities 3,852 5,154
Total current liabilities 720,311 738,092
Deferred revenue (net of current portion) 170,889 182,815
Term loan, net of issuance costs (net of current portion) 354,820 356,705
Operating lease liabilities (net of current portion) 52,053 56,224
Other liabilities 10,173 8,329
Total liabilities 1,308,246 1,342,165
Stockholders’ equity:    
Common stock (par value: $0.01; 500,000 shares authorized; 128,348 and 122,371 shares issued at September 30, 2025 and December 31, 2024, respectively) 1,283 1,224
Additional paid-in capital 1,540,611 1,374,659
Treasury stock (at cost: 8,314 and 2,673 shares at September 30, 2025 and December 31, 2024, respectively) (301,208) (114,911)
Accumulated other comprehensive income 407 318
Accumulated deficit (896,717) (861,336)
Total stockholders’ equity 344,376 399,954
Total liabilities and stockholders’ equity $ 1,652,622 $ 1,742,119