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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 104,080 $ 127,210
Accounts receivable and unbilled receivables, net of allowances of $3,869 and $3,227, respectively 233,068 218,362
Inventories 112,785 108,011
Prepaid expenses 14,155 14,478
Other current assets 14,235 15,177
Total current assets 478,323 483,238
Property and equipment, net 52,997 54,246
Long-term investment in sales-type leases, net 19,992 19,750
Operating lease right-of-use assets 54,376 56,130
Goodwill 334,842 336,539
Intangible assets, net 120,063 124,867
Long-term deferred tax assets 14,142 14,142
Prepaid commissions 45,981 48,862
Other long-term assets 110,931 103,036
Total assets 1,231,647 1,240,810
Current liabilities:    
Accounts payable 46,788 46,380
Accrued compensation 34,990 44,155
Accrued Liabilities, Current 58,060 55,567
Deferred revenues, net 108,602 90,894
Total current liabilities 248,440 236,996
Long-term deferred revenues 6,019 7,083
Long-term deferred tax liabilities 37,810 39,090
Long-term operating lease liabilities 48,851 50,669
Other long-term liabilities 12,027 11,718
Long-term debt 0 50,000
Total liabilities 353,147 395,556
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000 shares authorized; no shares issued 0 0
Common stock, $0.001 par value, 100,000 shares authorized; 51,751 and 51,277 shares issued; 42,606 and 42,132 shares outstanding, respectively 52 51
Treasury stock at cost, 9,145 shares outstanding, respectively (185,074) (185,074)
Additional paid-in capital 807,823 780,931
Retained earnings 269,839 258,792
Accumulated other comprehensive loss (14,140) (9,446)
Total stockholders’ equity 878,500 845,254
Total liabilities and stockholders’ equity $ 1,231,647 $ 1,240,810