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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 50,662 $ 53,148
Short-term investments 28,561 18,779
Accounts receivable, net of allowance for doubtful accounts of $1,130 and $1,061 at March 31, 2017 and December 31, 2016, respectively 33,703 49,154
Prepaid expenses and other current assets 7,742 9,152
Total current assets 120,668 130,233
Long-term investments 16,803 20,162
Property and equipment, net 8,010 8,088
Goodwill 75,110 75,110
Intangible assets, net 8,460 8,946
Other assets 720 764
Total assets 229,771 243,303
Current liabilities:    
Accounts payable 3,495 4,012
Accrued expenses 16,346 23,499
Deferred revenue, current portion 116,564 116,903
Other current liabilities 1,239 1,195
Total current liabilities 137,644 145,609
Deferred revenue, non-current portion 51,083 52,160
Other long-term liabilities 3,187 3,496
Total liabilities 191,914 201,265
Stockholders’ equity:    
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at March 31, 2017 and December 31, 2016; 0 shares issued at March 31, 2017 and December 31, 2016 0 0
Common stock, $0.01 par value per share; 100,000,000 shares authorized at March 31, 2017 and December 31, 2016; 43,309,925 and 43,018,737 shares issued at March 31, 2017 and December 31, 2016, respectively; 42,840,896 and 42,554,683 shares outstanding at March 31, 2017 and December 31, 2016, respectively 428 426
Treasury stock, at cost, 469,029 and 464,054 shares at March 31, 2017 and December 31, 2016, respectively (4,457) (4,391)
Additional paid-in-capital 441,913 435,360
Accumulated other comprehensive loss (39) (19)
Accumulated deficit (399,988) (389,338)
Total stockholders’ equity 37,857 42,038
Total liabilities and stockholders’ equity $ 229,771 $ 243,303