XML 24 R9.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Other Balance Sheet Items | 12 Months Ended
--- | ---
Dec. 31, 2018
Balance Sheet Related Disclosures [Abstract] |
Other Balance Sheet Items | Other Balance Sheet Items Other Current Assets Other current assets consist of the following:
| As of December 31,
| 2018 |  | 2017
| (In thousands)
Prepaid registry fees | $ | 20,696 |  |  | $ | — |
Prepaid expenses | 14,109 |  |  | 15,787 |
Accounts receivable, net | 6,029 |  |  | 5,111 |
Income taxes receivable | 4,451 |  |  | 6,347 |
Other | 2,080 |  |  | 4,157 |
Total other current assets | $ | 47,365 |  |  | $ | 31,402 |
Property and Equipment, Net The following table presents the detail of property and equipment, net:
| As of December 31,
| 2018 |  | 2017
| (In thousands)
Land | $ | 31,141 |  |  | $ | 31,141 |
Buildings and building improvements | 247,870 |  |  | 246,654 |
Computer equipment and software | 461,829 |  |  | 462,469 |
Capital work in progress | 2,013 |  |  | 4,024 |
Office equipment and furniture | 6,912 |  |  | 6,472 |
Leasehold improvements | 1,403 |  |  | 1,403 |
Total cost | 751,168 |  |  | 752,163 |
Less: accumulated depreciation | (497,263 | ) |  | (488,650 | )
Total property and equipment, net | $ | 253,905 |  |  | $ | 263,513 |
Substantially all of the Company’s property and equipment were held in the U.S. for both periods presented. Goodwill The following table presents the detail of goodwill:
| As of December 31,
| 2018 |  | 2017
| (In thousands)
Goodwill, gross | $ | 1,537,843 |  |  | $ | 1,537,843 |
Accumulated goodwill impairment | (1,485,316 | ) |  | (1,485,316 | )
Total goodwill | $ | 52,527 |  |  | $ | 52,527 |
There was no impairment of goodwill or other long-lived assets recognized in any of the periods presented. Deposits to Acquire Intangible Assets As of December 31, 2018, the Company has recorded $145.0 million for the future assignment to the Company of contractual rights to the .web gTLD, pending resolution of objections by other applicants, regulatory review, and approval from ICANN. Upon assignment of the contractual rights, the Company will record the total investment as an indefinite-lived intangible asset. Other Long-Term Assets Other long-term assets consist of the following:
| As of December 31,
| 2018 |  | 2017
| (In thousands)
Contingent consideration receivable | $ | 14,721 |  |  | $ | — |
Long-term prepaid registry fees | 7,779 |  |  | — |
Restricted cash | 9,338 |  |  | 9,288 |
Other tax receivable | 5,673 |  |  | 5,673 |
Other | 3,535 |  |  | 3,642 |
Total other long-term assets | $ | 41,046 |  |  | $ | 18,603 |
The contingent consideration receivable in the table above relates to the estimated contingent consideration expected to be collected from Neustar after the first anniversary of closing as part of the sale of customer contracts of the Security Services business. The prepaid registry fees in the tables above relate to the fees the Company pays to ICANN for each annual increment of .com domain name registrations and renewals which are deferred and amortized over the domain name registration term, upon adoption of ASU 2014-09 as discussed in Note 1, “Description of Business and Summary of Significant Accounting Policies”. The amount of prepaid registry fees as of December 31, 2018 reflects amortization of $32.9 million during 2018 which was recorded in Cost of Revenues. Accounts Payable and Accrued Liabilities Accounts payable and accrued liabilities consist of the following:
| As of December 31,
| 2018 |  | 2017
| (In thousands)
Accounts payable | $ | 10,445 |  |  | $ | 10,519 |
Accrued employee compensation | 54,746 |  |  | 51,481 |
Customer deposits, net | 57,025 |  |  | 63,617 |
Interest Payable | 24,318 |  |  | 47,357 |
Accrued registry fees | 11,029 |  |  | 10,404 |
Payables to buyer | 9,875 |  |  | — |
Taxes payable and other tax liabilities | 18,961 |  |  | 13,477 |
Other accrued liabilities | 28,809 |  |  | 22,748 |
Total accounts payable and accrued liabilities | $ | 215,208 |  |  | $ | 219,603 |
Payables to buyer in the table above relate to amounts due to Neustar for estimated collections from Security Services customers of any billings after the closing date and until the customer contracts are assigned to Neustar.

X
- References No definition available. + Details
Name: | us-gaap_BalanceSheetRelatedDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Details of certain balance sheet accounts disclosure Text Block. + References No definition available. + Details
Name: | vrsn_DetailsOfCertainBalanceSheetAccountsDisclosureTextBlock
Namespace Prefix: | vrsn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration