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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 107,721 $ 112,371
Accounts receivable, net of allowances of $2,600 and $2,720 at December 31, 2016 and 2015, respectively (includes related party receivables of $393 and $328 at December 31, 2016 and 2015, respectively) 36,867 33,761
Prepaid expenses 6,044 6,048
Other current assets 2,278 779
Total current assets 152,910 152,959
Property and equipment, net 66,941 71,390
Goodwill 53,270 53,270
Intangible assets, net 19,774 23,815
Other assets 1,553 940
Total assets 294,448 302,374
Current liabilities    
Accounts payable (includes related party payables of $2,925 and $7,490 at December 31, 2016 and 2015, respectively) 13,827 18,880
Accrued employee expenses 8,951 7,799
Accrued expenses and other current liabilities (includes related party accrued expenses of $992 and $318 at December 31, 2016 and 2015, respectively) 12,583 12,425
Total current liabilities 35,361 39,104
Deferred tax liabilities 2,994 2,413
Lease financing obligation, net of current portion 28,833 26,987
Other liabilities 2,679 1,178
Total liabilities 69,867 69,682
Commitments and contingencies
Stockholders’ Equity    
Preferred stock — $0.0001 par value; 20,000,000 shares authorized at December 31, 2016 and 2015, respectively; no shares issued and outstanding at December 31, 2016 and 2015 0 0
Common stock — $0.0001 par value; 1,000,000,000 shares authorized at December 31, 2016 and 2015, respectively; 86,159,527 and 83,016,735 shares issued and outstanding at December 31, 2016 and 2015, respectively 9 8
Additional paid-in capital 542,807 508,584
Accumulated deficit (318,235) (275,900)
Total stockholders’ equity 224,581 232,692
Total liabilities and stockholders’ equity $ 294,448 $ 302,374