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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 87,680 $ 59,702
Short-term investments 416,663 54,648
Accounts receivable—net of allowance for doubtful accounts of $638 and $617 at December 31, 2017 and 2016, respectively 60,676 38,984
Deferred commission expense 13,343 9,025
Restricted cash 4,757 162
Prepaid hosting costs 4,964 5,299
Prepaid expenses and other current assets 14,418 8,433
Total current assets 602,501 176,253
Long-term investments 31,394 35,718
Property and equipment, net 43,294 30,201
Capitalized software development costs, net 8,760 6,523
Restricted cash 347 321
Other assets 4,617 950
Intangible assets, net 6,312 16
Goodwill 14,950 9,773
Total assets 712,175 259,755
Current liabilities:    
Accounts payable 4,657 4,350
Accrued compensation costs 16,329 11,415
Other accrued expenses 20,430 16,192
Deferred revenue 136,880 95,426
Total current liabilities 178,296 127,383
Deferred rent, net of current portion 18,868 10,079
Deferred revenue, net of current portion 2,277 1,171
Other long-term liabilities 3,927 2,422
Convertible senior notes 298,447  
Total liabilities 501,815 141,055
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.001 par value—authorized, 500,000 shares; issued and outstanding, 37,503 and 35,784 at December 31, 2017 and 2016, respectively 38 36
Additional paid-in capital 496,461 365,444
Accumulated other comprehensive loss (57) (864)
Accumulated deficit (286,082) (245,916)
Total stockholders’ equity 210,360 118,700
Total liabilities and stockholders’ equity $ 712,175 $ 259,755