Organization and Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The cumulative effect of the changes made to our consolidated January 1, 2018 balance sheet for the adoption of ASU 2014-09 were as follows (in thousands):

	As of December 31, 2017		Adjustments Due to ASU 2014-09		As of January 1, 2018
Assets
Accounts receivable, net	$	28,800	$	16,900	$	45,700
Deferred commissions	2,376		650		3,026
Deferred commissions, non-current	—		4,655		4,655
Liabilities
Accrued expenses and other current liabilities	20,212		6,956		27,168
Deferred revenue	104,684		6,625		111,309
Deferred revenue, non-current	22,709		243		22,952
Equity
Accumulated deficit	$	(265,337)	$	8,381	$	(256,956)

In accordance with the new revenue standard requirements, the impact of adoption on our condensed consolidated balance sheet as of June 30, 2018 and statement of operations for the three and six months ended June 30, 2018 was as follows (in thousands, except per share data):

	As of June 30, 2018
	As Reported		Balances Without Adoption of ASC 606		Effect of Change
Assets
Accounts receivable, net	$	39,088	$	27,029	$	12,059
Deferred commissions	4,844		2,686		2,158
Deferred commissions, non-current	6,462		—		6,462
Liabilities
Accrued expenses and other current liabilities	30,979		24,256		6,723
Deferred revenue	118,490		116,949		1,541
Deferred revenue, non-current	21,835		19,877		1,958
Equity
Accumulated deficit	$	(288,342)	$	(298,799)	$	10,457

	Three months ended June 30, 2018						Six months ended June 30, 2018
	As Reported		Balances Without Adoption of ASC 606		Effect of Change		As Reported		Balances Without Adoption of ASC 606		Effect of Change
Revenues
Subscription and support	$	48,837	$	48,469	$	368	$	95,307	$	94,706	$	601
Professional services	10,293		10,418		(125)		23,729		25,548		(1,819)
Operating expenses
Sales and marketing	22,252		23,930		(1,678)		43,258		46,552		(3,294)
Net loss	$	(21,768)	$	(23,689)	$	1,921	$	(31,386)	$	(33,462)	$	2,076
Net loss per common share
Basic and diluted	$	(0.50)	$	(0.55)	$	0.05	$	(0.73)	$	(0.78)	$	0.05