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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 128,175 $ 409,949
Short-term investments 607,620 376,995
Accounts receivable, net 68,548 129,912
Prepaid expenses and other current assets 68,556 55,129
Total current assets 872,899 971,985
Property and equipment, net 26,785 20,296
Operating lease right-of-use assets 37,579 33,600
Long-term investments 238,643 187,921
Goodwill 36,843 36,910
Intangible assets, net 18,005 22,083
Other assets 85,485 69,543
Total assets 1,316,239 1,342,338
Current liabilities:    
Accounts payable 11,919 9,383
Accrued payroll and payroll related liabilities 29,215 53,683
Accrued expenses and other current liabilities 28,746 31,715
Deferred revenue 83,958 83,895
Convertible senior notes, net 70,345 68,154
Total current liabilities 224,183 246,830
Convertible senior notes, net 643,690 630,321
Deferred revenue 2,685 2,733
Operating lease liabilities 33,028 29,293
Other liabilities 3,175 8,254
Total liabilities 906,761 917,431
Stockholders’ equity:    
Preferred stock, $0.0001 par value: 10,000 shares authorized as of June 30, 2020 and December 31, 2019, respectively; no shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 0 0
Common stock, $0.0001 par value: 500,000 Class A shares authorized, 53,374 and 52,056 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively; 500,000 Class B shares authorized, 12,770 and 13,204 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 7 7
Additional paid-in capital 443,466 412,191
Retained earnings (accumulated deficit) (37,140) 14,235
Accumulated other comprehensive income (loss) 3,145 (1,526)
Total stockholders’ equity 409,478 424,907
Total liabilities and stockholders’ equity $ 1,316,239 $ 1,342,338