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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 53,331 $ 49,650
Marketable investments (Note 3) 47,775 54,885
Accounts receivable, net (Note 11) 67,355 67,429
Deferred commissions 13,529 13,754
Prepaid expenses and other current assets 15,737 22,277
Total current assets 197,727 207,995
Property and equipment, net (Note 11) 27,569 32,174
Goodwill (Note 2) 74,071 76,683
Intangible assets, net (Note 2) 2,334 3,382
Other assets 17,290 12,473
Total assets 318,991 332,707
Current Liabilities:    
Accounts payable 525 912
Accrued expenses and other current liabilities (Note 11) 41,252 36,217
Deferred revenue 140,676 144,568
Total current liabilities 182,453 181,697
Non-current liabilities (Note 11) 9,236 9,408
Total liabilities $ 191,689 $ 191,105
Commitments (Note 6)
Stockholders' Equity (Note 7):    
Preferred stock, $0.01 par value Authorized - 500 shares, issued and outstanding - none
Common stock, $0.01 par value Authorized - 125,000 shares Issued - 21,063 and 20,856 shares as of December 31, 2015 and 2014, respectively Outstanding 17,752 and 18,153 shares as of December 31, 2015 and 2014, respectively $ 211 $ 209
Additional paid-in capital 134,967 124,942
Retained earnings 117,135 117,318
Treasury stock - 3,311 and 2,703 shares as of December 31, 2015 and 2014, respectively, at cost (120,185) (99,254)
Accumulated other comprehensive loss (4,826) (1,613)
Total stockholders’ equity 127,302 141,602
Total liabilities and stockholders’ equity $ 318,991 $ 332,707