Balance Sheet Components (Tables)
|
6 Months Ended |
Jun. 30, 2019 |
|---|
| Balance Sheet Related Disclosures [Abstract] |
|
| Schedule of Accounts Receivable, Net of Allowances |
Accounts receivable, net of allowances, consisted of the following (in thousands):
|
|
|
June 30,
2019 |
|
|
December 31,
2018 |
|
|
Gross accounts receivable |
|
$ |
218,296 |
|
|
$ |
204,975 |
|
|
Allowance for sales returns |
|
|
(5,250 |
) |
|
|
(7,335 |
) |
|
Allowance for sales incentives |
|
|
(8,583 |
) |
|
|
(13,750 |
) |
|
Other allowances |
|
|
(426 |
) |
|
|
(812 |
) |
|
Total allowances |
|
|
(14,259 |
) |
|
|
(21,897 |
) |
|
Total Accounts Receivable—net of allowances |
|
$ |
204,037 |
|
|
$ |
183,078 |
|
|
| Schedule of Allowance for Sales Returns |
Allowance for sales returns consisted of the following activities (in thousands):
|
|
|
June 30,
2019 |
|
|
December 31,
2018 |
|
|
Beginning balance |
|
$ |
(7,335 |
) |
|
$ |
(6,907 |
) |
|
Charged to revenue |
|
|
(6,728 |
) |
|
|
(17,396 |
) |
|
Utilization of sales return reserve |
|
|
8,813 |
|
|
|
16,968 |
|
|
Ending balance |
|
$ |
(5,250 |
) |
|
$ |
(7,335 |
) |
|
| Schedule of Allowance for Sales Incentives |
Allowance for sales incentives consisted of the following activities (in thousands):
|
|
|
June 30,
2019 |
|
|
December 31,
2018 |
|
|
Beginning balance |
|
$ |
(13,750 |
) |
|
$ |
(10,442 |
) |
|
Charged to revenue |
|
|
(16,663 |
) |
|
|
(50,958 |
) |
|
Utilization of sales incentive reserve |
|
|
21,830 |
|
|
|
47,650 |
|
|
Ending balance |
|
$ |
(8,583 |
) |
|
$ |
(13,750 |
) |
|
| Schedule of Property and Equipment, Net |
Property and equipment, net consisted of the following (in thousands):
|
|
|
June 30,
2019 |
|
|
December 31,
2018 |
|
|
Computers and equipment |
|
$ |
19,981 |
|
|
$ |
16,056 |
|
|
Leasehold improvements |
|
|
39,293 |
|
|
|
18,396 |
|
|
Website and internal-use software |
|
|
6,507 |
|
|
|
6,423 |
|
|
Office equipment and furniture |
|
|
7,645 |
|
|
|
4,069 |
|
|
Total property and equipment |
|
|
73,426 |
|
|
|
44,944 |
|
|
Accumulated depreciation and amortization |
|
|
(25,024 |
) |
|
|
(19,680 |
) |
|
Property and Equipment, net |
|
$ |
48,402 |
|
|
$ |
25,264 |
|
|
| Schedule of Accounts Payable and Accrued Liabilities |
Accounts payable and accrued liabilities consisted of the following (in thousands):
|
|
|
June 30,
2019 |
|
|
December 31,
2018 |
|
|
Accounts payable |
|
$ |
62,002 |
|
|
$ |
56,576 |
|
|
Accrued royalty expense |
|
|
8,294 |
|
|
|
7,939 |
|
|
Accrued inventory |
|
|
8,392 |
|
|
|
6,008 |
|
|
Accrued payroll and related expenses |
|
|
14,816 |
|
|
|
12,217 |
|
|
Accrued cost of revenue |
|
|
26,191 |
|
|
|
22,830 |
|
|
Payments due to content publishers |
|
|
47,630 |
|
|
|
32,463 |
|
|
Operating lease liability, current |
|
|
15,946 |
|
|
|
— |
|
|
Customer prepayments |
|
|
5,069 |
|
|
|
3,124 |
|
|
Taxes and related liabilities |
|
|
840 |
|
|
|
1,314 |
|
|
Accrued legal fees |
|
|
2,845 |
|
|
|
— |
|
|
Other accrued expenses |
|
|
9,707 |
|
|
|
6,091 |
|
|
Total Accounts Payable and Accrued Liabilities |
|
$ |
201,732 |
|
|
$ |
148,562 |
|
|
| Schedule of Deferred Revenue |
Deferred revenue consisted of the following (in thousands):
|
|
|
June 30,
2019 |
|
|
December 31,
2018 |
|
|
Platform, current |
|
$ |
17,873 |
|
|
$ |
28,569 |
|
|
Player, current |
|
|
18,663 |
|
|
|
16,873 |
|
|
Total deferred revenue, current |
|
|
36,536 |
|
|
|
45,442 |
|
|
Platform, non-current |
|
|
7,192 |
|
|
|
12,783 |
|
|
Player, non-current |
|
|
6,697 |
|
|
|
6,811 |
|
|
Total deferred revenue, non-current |
|
|
13,889 |
|
|
|
19,594 |
|
|
Total Deferred Revenue |
|
$ |
50,425 |
|
|
$ |
65,036 |
|
|