XML 19 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 185,797 $ 271,382
Accounts receivable, net of allowance for credit losses of $262 and $132, respectively 69,555 54,091
Restricted cash 827 1,909
Prepaid expenses and other current assets 18,548 19,202
Total current assets 274,727 346,584
Other assets:    
Property and equipment, net 2,935 3,872
Operating lease, right of use assets 12,634  
Goodwill 703,371 518,592
Intangible assets, net of accumulated amortization of $169,329 and $127,172, respectively 511,823 396,445
Deferred income taxes 4,073 2,744
Other long-term assets 2,167 1,163
Total assets 1,511,730 1,269,400
Current liabilities:    
Accounts payable 7,458 6,394
Accrued expenses 29,830 30,729
Current portion of deferred revenue 45,496 30,662
Current portion of long-term debt 3,020 4,680
Other current liabilities 6,421 2,880
Total current liabilities 92,225 75,345
Long-term liabilities:    
Deferred revenue, net of current portion 1,531 545
Deferred income taxes 76,098 75,894
Operating lease liabilities, net of current portion 8,256  
Long-term debt, net of current portion and debt discount 291,746 294,100
Other long-term liabilities 25 1,384
Total liabilities 469,881 447,268
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred shares, $0.01 par value, 50,000,000 and no shares authorized as of December 31, 2021 and 2020, respectively, no shares issued and outstanding as of December 31, 2021 and 2020, respectively 0 0
Common shares, 0.01 par value, 600,000,000 shares authorized, 159,658,948 and 152,979,479 shares outstanding at December 31, 2021 and 2020, respectively 1,596 1,529
Additional paid-in capital 1,119,821 884,528
Accumulated deficit (75,604) (62,338)
Accumulated other comprehensive loss (3,926) (1,587)
Treasury stock at cost, 1,100 and no shares at December 31, 2021 and 2020, respectively (38)  
Total stockholders' equity 1,041,849 822,132
Total liabilities and stockholders' equity $ 1,511,730 $ 1,269,400