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Recent Accounting Pronouncements (Tables)
6 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The impact of adoption on the January 1, 2018 condensed consolidated balance sheet was:
 
 
December 31, 2017
 
Impact of Adoption (1)
 
January 1, 2018
 
 
(in thousands)
Assets:
 
 
 
 
 
 
Accounts receivable, net
 
$
83,518

 
$
1,801

 
$
85,319

  Prepaid expenses and other assets
 
22,596

 
1,555

 
24,151

 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
Accrued expenses and other liabilities
 
84,446

 
3,356

 
87,802

(1) Prior to adoption, product return assets and return liabilities were reported within ‘Accounts receivable, net’, within the allowance for doubtful accounts. As of the adoption date, the product return assets were reclassified and reported as a component of ‘Prepaid expenses and other assets’, and return liabilities were reclassified to ‘Accrued expenses and other liabilities’ in the Company’s condensed consolidated balance sheet.

The impact of the new revenue recognition guidance on our condensed consolidated balance sheet as of June 30, 2018 was:
 
 
June 30, 2018
 
 
Balances Without Adoption
 
Effects of New Guidance (1)
 
As Reported
 
 
(in thousands)
Assets:
 
 
 
 
 
 
Accounts receivable, net
 
$
144,095

 
$
5,401

 
$
149,496

Prepaid expenses and other assets
 
22,570

 
3,295

 
25,865

 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
Accrued expenses and other liabilities
 
97,092

 
8,696

 
105,788

(1) The new revenue recognition guidance requires comparative disclosures of the effects of the new guidance on the Company’s condensed consolidated financial statements for all interim periods during the year of adoption. The new guidance did not have a significant effect on the Company’s condensed consolidated statements of operations for the three and six months ended June 30, 2018.