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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
[1]
Current assets    
Cash $ 66,086 $ 77,329
Accounts receivable, net of allowance for doubtful accounts of $180 and $436 at June 30, 2017 and December 31, 2016, respectively 8,750 10,451
Prepaid expenses 6,950 2,579
Other current assets 7,571 21,014
Total current assets 89,357 111,373
Textbook library, net 0 2,575
Property and equipment, net 40,294 35,305
Goodwill 116,239 116,239
Intangible assets, net 17,970 20,748
Other assets 4,297 4,412
Total assets 268,157 290,652
Current liabilities    
Accounts payable 809 5,175
Deferred revenue 12,457 14,836
Accrued liabilities 27,861 44,319
Total current liabilities 41,127 64,330
Long-term liabilities    
Total other long-term liabilities 4,974 4,383
Total liabilities 46,101 68,713
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, $0.001 par value – 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.001 par value 400,000,000 shares authorized; 95,684,945 and 91,708,839 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively 96 92
Additional paid-in capital 605,638 593,351
Accumulated other comprehensive income (loss) 76 (176)
Accumulated deficit (383,754) (371,328)
Total stockholders' equity 222,056 221,939
Total liabilities and stockholders' equity $ 268,157 $ 290,652
[1] Derived from audited consolidated financial statements as of and for the year ended December 31, 2016.