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

6 Months Ended

Jun. 29, 2018

Accounting Changes and Error Corrections [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The cumulative effect of initially applying Topic 606 to the Company’s 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 Company’s condensed consolidated financial statements was as follows (in thousands):

	Three months ended June 29, 2018									Six months ended June 29, 2018
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS	As Reported			Previous Accounting Guidance			Impact from Adopting Topic 606			As Reported			Previous Accounting Guidance			Impact from Adopting Topic 606
Total net revenue	$	99,160		$	98,714		$	446		$	189,287		$	188,037		$	1,250
Total cost of revenue	47,557			47,316			241			90,501			90,141			360
Total gross profit	51,603			51,398			205			98,786			97,896			890
Operating expenses:
Selling, general and administrative	27,988			28,570			(582		)	59,151			59,541			(390		)
Income (loss) from operations	642			(145		)	787			(8,685		)	(9,965		)	1,280
Loss before income taxes	(2,022		)	(2,809		)	787			(14,638		)	(15,918		)	1,280
Net loss	(2,913		)	(3,700		)	787			(16,607		)	(17,887		)	1,280

	As of June 29, 2018
CONDENSED CONSOLIDATED BALANCE SHEETS	As Reported		Previous Accounting Guidance		Impact from Adopting Topic 606
ASSETS
Accounts receivable, net	82,635		78,065		$	4,570
Prepaid expenses and other current assets	19,377		15,918		3,459
Other long-term assets	42,863		42,360		503
LIABILITIES AND STOCKHOLDERS’ EQUITY
Deferred revenue	56,278		60,032		(3,754		)
Other non-current liabilities	19,169		19,594		(425		)
Accumulated deficit	(2,062,988	)	(2,075,699	)	12,711