Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2019

Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the consolidated balance sheet that sum to the total of the amounts reported in the consolidated statement of cash flows (in thousands):

	June 30, 2019		December 31, 2018
Cash and cash equivalents	$	251,828	$	35,345
Restricted cash included in other long-term assets		352		340
Total cash, cash equivalents, and restricted cash	$	252,180	$	35,685

Computation of Numerators and Denominators Used in Basic and Diluted Income (loss) per Share Amounts

The following table sets forth the computation of the numerators and denominators used in the basic and diluted (loss) income per share amounts (in thousands, except per share data):

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019		2018
Numerator:
Net (loss) income	$	(3,120	)	$	(1,080	)	$	9,899	$	23,604
Denominator:
Denominator for basic (loss) income per share— weighted average shares		71,373			65,580			71,081		64,614
Effect of dilutive securities, stock options and RSUs		—			—			5,936		8,267
Denominator for dilutive (loss) income per share		71,373			65,580			77,017		72,881
Net (loss) income per share attributable to common   stockholders, basic	$	(0.04	)	$	(0.02	)	$	0.14	$	0.37
Net (loss) income per share attributable to common   stockholders, diluted	$	(0.04	)	$	(0.02	)	$	0.13	$	0.32

ASC 606 [Member]

Effect of Error Correction on Company's Financial Statements

The following table presents the effect of the error corrections on the Company’s consolidated balance sheet for the period indicated (in thousands):

	December 31, 2018
	As Reported			Adjustments			As Corrected
Deferred tax assets	$	1,373		$	3,981		$	5,354
Total assets	$	483,216		$	3,981		$	487,197
Other accrued expenses and current liabilities	$	27,565		$	(526	)	$	27,039
Total current liabilities	$	127,758		$	(526	)	$	127,232
Other long-term liabilities	$	28,153		$	(2,397	)	$	25,756
Total liabilities	$	194,082		$	(2,923	)	$	191,159
Accumulated deficit	$	(82,005	)	$	7,142		$	(74,863	)
Accumulated other comprehensive loss	$	(11,052	)	$	(238	)	$	(11,290	)
Total stockholders' equity	$	286,782		$	6,904		$	293,686
Total liabilities, mezzanine equity and stockholders' equity	$	483,216		$	3,981		$	487,197

The adjustments for amounts similar to the above were also made to the Company’s consolidated balance sheets as of March 31, 2018, June 30, 2018, September 30, 2018, and March 31, 2019, respectively. Additionally, the Company revised goodwill, total assets, and total liabilities, mezzanine equity and stockholders’ equity on the consolidated balance sheet as of December 31, 2017, to correct these errors, resulting in a decrease of $1.6 million from the previously reported amounts. The consolidated statements of changes in stockholders’ equity (deficit) for the three month periods ended March 31, 2018 and 2019 have been corrected to reflect the adjustments described herein.

The following tables present the effect of the error corrections on the consolidated statements of operations for the periods indicated (in thousands, except per share data):

	Year Ended December 31, 2018
	As Reported		Adjustments			As Corrected
Income before income taxes	$	27,024	$	—		$	27,024
Income tax expense	$	13,309	$	(1,820	)	$	11,489
Net income	$	13,715	$	1,820		$	15,535
Net income per share attributable to common stockholders, basic	$	0.20	$	0.03		$	0.23
Net income per share attributable to common stockholders, diluted	$	0.18	$	0.03		$	0.21

	Year Ended December 31, 2017
	As Reported			Adjustments			As Corrected
Loss before income taxes	$	(36,411	)	$	—		$	(36,411	)
Income tax expense	$	62,996		$	2,534		$	65,530
Net loss	$	(99,407	)	$	(2,534	)	$	(101,941	)
Net income per share attributable to common stockholders, basic	$	(1.89	)	$	(0.05	)	$	(1.94	)
Net income per share attributable to common stockholders, diluted	$	(1.89	)	$	(0.05	)	$	(1.94	)