XML 55 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Revenue Recognition (Tables) - Accounting Standards Update 2014-09
12 Months Ended
Dec. 31, 2018
Disaggregation Of Revenue [Line Items]  
Impact of Adoption of New Accounting Standard on Financial Statements

The cumulative effect of the changes made to the Company’s consolidated January 1, 2018 balance sheet for the adoption of the new revenue standard was as follows (in thousands):

 

 

 

Balance at

December 31,

2017

 

 

Adjustments Due

to ASC 606

 

 

Balance at

January 1, 2018

 

BALANCE SHEET

 

 

 

 

 

 

 

 

 

 

 

 

ASSETS

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable, net

 

$

31,699

 

 

$

100

 

 

$

31,799

 

Deferred costs

 

 

2,429

 

 

 

2,132

 

 

 

4,561

 

Deferred costs (non-current)

 

 

 

 

 

6,965

 

 

 

6,965

 

LIABILITIES AND STOCKHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

 

 

 

 

Other current liabilities

 

$

808

 

 

$

100

 

 

$

908

 

Deferred revenue (current and non-current)

 

 

73,072

 

 

 

 

 

 

73,072

 

Accumulated deficit

 

 

(109,252

)

 

 

9,097

 

 

 

(100,155

)

 

The impact of the adoption of the new revenue standard on the Company’s consolidated balance sheet and consolidated statement of operations was as follows (in thousands):

 

 

 

December 31, 2018

 

 

 

As Reported

 

 

Balances

Without

Adoption

of ASC 606

 

 

Effect of

Change

Higher/(Lower)

 

BALANCE SHEET

 

 

 

 

 

 

 

 

 

 

 

 

ASSETS

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable, net

 

$

41,107

 

 

$

40,907

 

 

$

200

 

Deferred costs

 

 

6,503

 

 

 

4,580

 

 

 

1,923

 

Deferred costs (non-current)

 

 

10,265

 

 

 

 

 

 

10,265

 

LIABILITIES AND STOCKHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue (current and non-current)

 

 

95,636

 

 

 

95,636

 

 

 

 

Other current liabilities

 

 

1,490

 

 

 

1,290

 

 

 

200

 

Accumulated deficit

 

 

(147,670

)

 

 

(159,858

)

 

 

12,188

 

 

 

 

For the Year Ended December 31, 2018

 

 

 

As Reported

 

 

Activity Without

Adoption of

ASC 606

 

 

Effect of

Change

Higher/(Lower)

 

STATEMENT OF OPERATIONS

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

147,094

 

 

$

147,094

 

 

$

 

Net loss

 

 

(47,515

)

 

 

(50,606

)

 

 

3,091

 

Summary of Disaggregates Revenue

The following table disaggregates the Company’s revenue by geography which provides information as to the major source of revenue (in thousands).

 

Primary Geographic Markets

 

For the Year Ended December 31,

2018

 

United States

 

$

119,589

 

International

 

 

27,505

 

Total

 

$

147,094

 

 

The following table presents the Company’s revenues disaggregated by revenue source (in thousands, unaudited).

 

 

 

Year Ended

 

 

 

December 31,

 

 

 

2018

 

 

2017(1)

 

Subscription services

 

$

137,556

 

 

$

100,000

 

Professional services

 

 

9,538

 

 

 

4,352

 

Total revenues

 

$

147,094

 

 

$

104,352

 

 

(1)

As noted above, prior period amounts have not been adjusted under the modified retrospective method.