Consolidated Balance Sheets - USD ($)
$ in Thousands |
Dec. 31, 2016 |
Dec. 31, 2015 |
| Current Assets: |
|
|
| Cash and cash equivalents |
$ 76,958
|
$ 53,331
|
| Marketable investments (Note 3) |
61,147
|
47,775
|
| Accounts receivable, net (Note 11) |
58,812
|
67,355
|
| Deferred commissions |
12,052
|
13,529
|
| Prepaid expenses and other current assets |
14,467
|
15,737
|
| Total current assets |
223,436
|
197,727
|
| Property and equipment, net (Note 11) |
23,894
|
27,569
|
| Goodwill (Note 2) |
73,193
|
74,071
|
| Intangible assets, net (Note 2) |
1,464
|
2,334
|
| Other assets |
13,798
|
17,290
|
| Total assets |
335,785
|
318,991
|
| Current Liabilities: |
|
|
| Accounts payable |
1,806
|
525
|
| Accrued expenses and other current liabilities (Note 11) |
41,403
|
41,252
|
| Deferred revenue |
134,265
|
140,676
|
| Total current liabilities |
177,474
|
182,453
|
| Non-current liabilities |
8,275
|
9,236
|
| Total liabilities |
185,749
|
191,689
|
| Commitments (Note 6) |
|
|
| Stockholders' Equity (Note 7): |
|
|
| Preferred stock, $0.01 par value Authorized - 500 shares, issued and outstanding - none |
|
|
| Common stock, $0.01 par value Authorized - 125,000 shares Issued - 21,719 and 21,063 shares as of December 31, 2016 and 2015, respectively Outstanding 18,361 and 17,752 shares as of December 31, 2016 and 2015, respectively |
217
|
211
|
| Additional paid-in capital |
157,569
|
134,967
|
| Retained earnings |
121,799
|
117,135
|
| Treasury stock -3,358 and 3,311 shares as of December 31, 2016 and 2015, respectively, at cost |
(121,976)
|
(120,185)
|
| Accumulated other comprehensive loss |
(7,573)
|
(4,826)
|
| Total stockholders’ equity |
150,036
|
127,302
|
| Total liabilities and stockholders’ equity |
$ 335,785
|
$ 318,991
|