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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 101,954 $ 318,336
Short-term marketable securities 0 3,006
Accounts receivable, net 27,670 20,476
Prepaid expenses and other current assets 12,061 13,948
Prepaid income taxes 4,501 5,557
Total current assets 146,186 361,323
Property, equipment and leasehold improvements, net 13,400 15,825
Computer software development costs, net 667 720
Goodwill 51,248 23,438
Intangible assets, net 20,789 5,000
Non-current deferred tax assets 14,352 12,236
Other non-current assets 1,300 1,196
Total assets 247,942 419,738
Current liabilities:    
Accounts payable 5,467 3,559
Accrued expenses and other current liabilities 48,149 36,105
Income taxes payable 1,603 439
Borrowings under credit agreement 140,000 140,000
Current deferred revenue 272,024 252,520
Total current liabilities 467,243 432,623
Non-current deferred revenue 28,335 29,558
Other non-current liabilities 13,148 32,591
Commitments and contingencies (Note 16)
Series D redeemable convertible preferred stock, $0.10 par value—Authorized—3,636 shares as of June 30, 2017 and 2016 Issued and outstanding—none as of June 30, 2017 and 2016 0 0
Stockholders' deficit:    
Common stock, $0.10 par value—Authorized—210,000,000 shares Issued—102,567,129 shares at June 30, 2017 and 102,031,960 shares at June 30, 2016 Outstanding—73,421,153 shares at June 30, 2017 and 80,177,950 shares at June 30, 2016 10,257 10,203
Additional paid-in capital 687,479 659,287
Retained earnings (deficit) 156,520 (5,676)
Accumulated other comprehensive income 1,459 2,651
Treasury stock, at cost—29,145,976 shares of common stock at June 30, 2017 and 21,854,010 shares at June 30, 2016 (1,116,499) (741,499)
Total stockholders' deficit (260,784) (75,034)
Total liabilities and stockholders' deficit $ 247,942 $ 419,738