Organization and Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The cumulative effect of the changes made to our consolidated January 1, 2018 balance sheet for the adoption of ASU 2014-09 were as follows (in thousands):


	As of December 31, 2017		Adjustments Due to ASU 2014-09		As of January 1, 2018
Assets
Accounts receivable, net	$	28,800	$	16,900	$	45,700
Deferred commissions	2,376		650		3,026
Deferred commissions, non-current	—		4,655		4,655

Liabilities
Accrued expenses and other current liabilities	20,212		6,956		27,168
Deferred revenue	104,684		6,625		111,309
Deferred revenue, non-current	22,709		243		22,952

Equity
Accumulated deficit	$	(265,337)	$	8,381	$	(256,956)

In accordance with the new revenue standard requirements, the impact of adoption on our condensed consolidated balance sheet and statement of operations for the three months ended March 31, 2018 was as follows (in thousands except per share data):


	As of March 31, 2018
	As Reported		Balances Without Adoption of ASC 606		Effect of Change
Assets
Accounts receivable, net	$	39,202	$	26,863	$	12,339
Deferred commissions	3,845		2,434		1,411
Deferred commissions, non-current	5,489		—		5,489

Liabilities
Accrued expenses and other current liabilities	26,383		19,532		6,851
Deferred revenue	110,943		107,118		3,825
Deferred revenue, non-current	20,968		20,941		27

Equity
Accumulated deficit	$	(266,574)	$	(275,110)	$	8,536


	Three months ended March 31, 2018
	As Reported		Balances Without Adoption of ASC 606		Effect of Change
Revenues
Subscription and support	$	46,470	$	46,237	$	233
Professional services	13,436		15,130		(1,694)

Operating expenses
Sales and marketing	21,006		22,622		(1,616)

Net loss	$	(9,618)	$	(9,773)	$	155

Net loss per common share
Basic and diluted	$	(0.22)	$	(0.23)	$	0.01