Recent Accounting Pronouncements - Revenue From Contracts With Customer (Tables)

3 Months Ended

Mar. 30, 2018

The cumulative effect of initially applying Topic 606 to the condensed consolidated balance sheet on January 1, 2018 was as follows (in thousands):



CONDENSED CONSOLIDATED BALANCE SHEETS	Balance as of December 31, 2017			Cumulative Impact from Adopting Topic 606			Balance as of January 1, 2018
ASSETS
Accounts receivable, net	$	69,844		$	1,781		$	71,625
Prepaid expenses and other current assets	18,931			3,578			22,509
Other long-term assets	42,913			773			43,686

LIABILITIES AND STOCKHOLDERS’ EQUITY
Deferred revenue	$	52,429		$	(4,826	)	$	47,603
Other non-current liabilities	22,626			(473		)	22,153
Accumulated deficit	(2,057,812		)	11,431			(2,046,381		)

The impact from adopting Topic 606 on the condensed consolidated financial statements was as follows (in thousands):



	Three months ended March 30, 2018
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS	As Reported			Previous Accounting Guidance			Impact from Adopting Topic 606
Total net revenue	$	90,127		$	89,323		$	804
Total cost of revenue	42,944			42,825			119
Total gross profit	47,183			46,498			685
Operating expenses:
Selling, general and administrative	31,163			30,971			192
Loss from operations	(9,327		)	(9,820		)	493
Loss before income taxes	(12,616		)	(13,109		)	493
Net loss	(13,694		)	(14,187		)	493
	As of March 30, 2018
CONDENSED CONSOLIDATED BALANCE SHEETS	As Reported			Previous Accounting Guidance			Impact from Adopting Topic 606
ASSETS
Accounts receivable, net	$	74,760		$	72,358		$	2,402
Prepaid expenses and other current assets	29,967			24,321			5,646
Other long-term assets	43,647			43,040			607
LIABILITIES AND STOCKHOLDERS’ EQUITY
Deferred revenue	57,629			60,569			(2,940		)
Other non-current liabilities	21,273			21,602			(329		)
Accumulated deficit	(2,060,075		)	(2,071,999		)	11,924