XML 23 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 192,499 $ 206,279
Deferred tax assets 693 693
Prepaid expenses and other current assets 2,728 5,015
Total current assets 195,920 211,987
Property and equipment, net 11,984 10,920
Restricted cash and other non-current assets 1,606 1,483
Total assets 209,510 224,390
Current liabilities:    
Accounts payable 2,601 4,359
Accrued expenses and other current liabilities 5,190 5,175
Deferred revenue, current portion 25,255 25,340
Total current liabilities 33,046 34,874
Deferred rent, net of current portion 7,263 6,740
Deferred revenue, net of current portion 23,958 30,208
Deferred tax liabilities 693 693
Other non-current liabilities 385 208
Total liabilities 65,345 72,723
Commitments and contingencies (Note 4)      
Stockholders' equity:    
Preferred stock, $0.01 par value, 5,000 shares authorized; 0 shares issued and outstanding at March 31, 2014 and December 31, 2013      
Common stock, $0.01 par value, 125,000 shares authorized; 24,279 and 23,940 shares issued and outstanding at March 31, 2014 and December 31, 2013, respectively 243 239
Additional paid-in capital 253,206 250,103
Accumulated deficit (109,284) (98,675)
Total stockholders' equity 144,165 151,667
Total liabilities and stockholders' equity $ 209,510 $ 224,390