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.