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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 41,245 $ 56,818
Restricted cash 2,013 2,416
Accounts receivable, net of allowances 57,410 77,046
Inventories 17,817 19,922
Prepaid expenses 7,137 5,464
Contract assets 25,542 18,903
Other current assets 1,896 1,953
Total current assets 153,060 182,522
Property and equipment, net 17,742 16,028
Goodwill 32,643 32,643
Right of use assets 23,242 24,143
Deferred tax assets, net 4,155 5,210
Other long-term assets 14,265 13,454
Total assets 245,107 274,000
Current liabilities:    
Accounts payable 21,380 26,854
Accrued compensation and benefits 26,821 35,458
Accrued expenses and other current liabilities 36,457 37,552
Income taxes payable 145 868
Less: current portion 8,709 9,158
Deferred revenues 80,744 87,475
Total current liabilities 174,256 197,365
Long-term debt 160,889 160,806
Long-term deferred revenues 11,578 10,607
Long-term lease liabilities 22,673 23,379
Other long-term liabilities 5,730 5,917
Total liabilities 375,126 398,074
Commitments and contingencies (Note 7)
Stockholders' deficit:    
Common stock, par value $0.01; authorized: 100,000 shares; issued: 46,219 shares at March 31, 2022 and 45,828 shares at December 31, 2021; outstanding: 44,991 shares at March 31, 2022 and 44,954 shares at December 31, 2021 459 455
Treasury stock (35,906) (25,090)
Additional paid-in capital 1,026,115 1,031,633
Accumulated deficit (1,116,373) (1,126,959)
Accumulated other comprehensive loss (4,314) (4,113)
Total stockholders' deficit (130,019) (124,074)
Total liabilities and stockholders' deficit $ 245,107 $ 274,000