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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 279,343 $ 123,413
Short-term investments 36,313 116,158
Accounts receivable, net of allowance for doubtful accounts of $2,608 and $1,829 at June 30, 2020 and December 31, 2019, respectively 76,823 87,927
Deferred contract acquisition and fulfillment costs, current portion 18,439 17,047
Prepaid expenses and other current assets 20,708 20,051
Total current assets 431,626 364,596
Long-term investments 5,365 22,887
Property and equipment, net 48,904 50,670
Operating lease right-of-use assets 72,005 60,984
Deferred contract acquisition and fulfillment costs, non-current portion 35,815 34,213
Goodwill 213,686 97,866
Intangible assets, net 47,706 28,561
Other assets 5,304 5,136
Total assets 860,411 664,913
Current liabilities:    
Accounts payable 7,078 6,836
Accrued expenses 36,165 41,021
Operating lease liabilities, current portion 9,436 7,179
Deferred revenue, current portion 227,318 231,518
Other current liabilities 0 119
Total current liabilities 279,997 286,673
Convertible senior notes, net 368,161 185,200
Operating lease liabilities, non-current portion 80,081 72,294
Deferred revenue, non-current portion 33,280 36,226
Other long-term liabilities 8,204 1,352
Total liabilities 769,723 581,745
Stockholders’ equity:    
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at June 30, 2020 and December 31, 2019; 0 shares issued at June 30, 2020 and December 31, 2019 0 0
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2020 and December 31, 2019; 51,438,042 and 50,397,922 shares issued at June 30, 2020 and December 31, 2019, respectively; 50,951,234 and 49,911,114 shares outstanding at June 30, 2020 and December 31, 2019, respectively 509 499
Treasury stock, at cost, 486,808 shares at June 30, 2020 and December 31, 2019 (4,764) (4,764)
Additional paid-in-capital 657,678 605,650
Accumulated other comprehensive income 85 213
Accumulated deficit (562,820) (518,430)
Total stockholders’ equity 90,688 83,168
Total liabilities and stockholders’ equity $ 860,411 $ 664,913