XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 104,217 $ 103,629
Marketable investments (Note 2) 16,759 19,688
Accounts receivable, net of allowance for expected credit losses of $636 and $560 as of March 31, 2023 and December 31, 2022, respectively 58,915 73,345
Deferred commissions 22,602 24,559
Prepaid expenses and other current assets 23,351 14,069
Total current assets 225,844 235,290
Property and equipment, net 22,420 23,208
Operating lease right-of-use assets 48,565 49,970
Goodwill 242,852 242,149
Intangible assets, net 46,453 49,504
Other assets 7,754 8,317
Total assets 593,888 608,438
Current Liabilities:    
Accounts payable 425 361
Accrued expenses and other current liabilities 53,787 91,007
Deferred revenue 215,093 178,021
Total current liabilities 269,305 269,389
Long-term debt 35,000 50,000
Non-current operating lease liabilities 48,521 50,751
Other non-current liabilities 18,316 16,642
Total liabilities 371,142 386,782
Commitments and contingencies (Note 5, 15)
Stockholders' Equity (Note 12):    
Preferred stock, $0,01 par value Authorized - 500 shares; issued and outstanding - none 0 0
Common stock, $0.01 par value Authorized - 125,000 shares Issued - 24,495 and 24,367 shares as of March 31, 2023 and December 31, 2022, respectively Outstanding - 19,191 and 19,062 shares as of March 31, 2023 and December 31, 2022, respectively 245 244
Additional paid-in capital 265,691 261,766
Retained earnings 170,556 174,631
Treasury stock - 5,305 shares as of March 31, 2023 and December 31, 2022, respectively (207,067) (207,067)
Accumulated other comprehensive loss (6,679) (7,918)
Total stockholders’ equity 222,746 221,656
Total liabilities and stockholders’ equity $ 593,888 $ 608,438