XML 28 R18.htm IDEA: XBRL DOCUMENT
v3.10.0.1

ASC 606 Adoption Impact and Revenue from Contracts with Customers (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
Revenue from Contract with Customer [Abstract] |
Schedule of Impacts from New Accounting Pronouncements | Select condensed consolidated balance sheet line items, which reflects the adoption impact of the new standard, are as follows:
|  | June 30, 2018
(in thousands) |  | As Reported |  | Balances without adoption of ASC 606 |  | Effect of Change Higher (Lower)
Assets: |  |  |  |  |  |
Accounts receivable, net |  | $ | 20,167 |  |  | $ | 20,064 |  |  | $ | 103 |
Prepaid expenses and other current assets |  | 8,437 |  |  | 8,075 |  |  | 362 |
Deferred contract acquisition costs |  | 26,476 |  |  | — |  |  | 26,476 |
Liabilities: |  |  |  |  |  |
Deferred revenue - current |  | 14,750 |  |  | 16,002 |  |  | (1,252 | )
Shareholders’ Equity: |  |  |  |  |  |
Accumulated deficit |  | (153,925 | ) |  | (182,118 | ) |  | 28,193 |
Select condensed consolidated statement of operations line items, which reflects the adoption of the new standard, are as follows:
|  | Three Months Ended June 30, 2018
(in thousands, except per share amounts) |  | As Reported |  | Balances without adoption of ASC 606 |  | Effect of Change Higher (Lower)
Revenue |  | $ | 61,120 |  |  | $ | 60,772 |  |  | $ | 348 |
Cost of revenue |  | 24,814 |  |  | 24,668 |  |  | 146 |
Gross profit |  | 36,306 |  |  | 36,104 |  |  | 202 |
Sales and marketing |  | 17,912 |  |  | 19,588 |  |  | (1,676 | )
Income (loss) from operations |  | 194 |  |  | (1,684 | ) |  | 1,878 |
Net loss |  | (2,042 | ) |  | (3,920 | ) |  | 1,878 |
Basic and diluted net loss per share |  | $ | (0.04 | ) |  | $ | (0.07 | ) |  | $ | 0.03 |
|  | Six months ended June 30, 2018
(in thousands, except per share amounts) |  | As Reported |  | Balances without adoption of ASC 606 |  | Effect of Change Higher (Lower)
Revenue |  | $ | 120,025 |  |  | $ | 118,924 |  |  | $ | 1,101 |
Cost of revenue |  | 49,516 |  |  | 49,125 |  |  | 391 |
Gross profit |  | 70,509 |  |  | 69,799 |  |  | 710 |
Sales and marketing |  | 35,390 |  |  | 38,728 |  |  | (3,338 | )
Income (loss) from operations |  | 44 |  |  | (4,004 | ) |  | 4,048 |
Net loss |  | (2,649 | ) |  | (6,697 | ) |  | 4,048 |
Basic and diluted net loss per share |  | $ | (0.05 | ) |  | $ | (0.12 | ) |  | $ | 0.07 |
Select condensed consolidated cash flow line items, which reflects the adoption of the new standard, are as follows:
|  | Six months ended June 30, 2018
(in thousands) |  | As Reported |  | Balances without adoption of ASC 606 |  | Effect of Change Higher (Lower)
Accounts receivable |  | $ | (1,114 | ) |  | $ | (1,011 | ) |  | $ | (103 | )
Prepaid expenses and other current assets |  | (3,140 | ) |  | (2,778 | ) |  | (362 | )
Deferred contract acquisition costs |  | (3,338 | ) |  | — |  |  | (3,338 | )
Deferred revenue |  | 1,170 |  |  | 2,422 |  |  | (1,252 | )
Net cash provided by operating activities |  | 13,708 |  |  | 13,708 |  |  | — |
Schedule of Contract with Customer, Asset and Liability | The following table provides information about accounts receivable, net, deferred contract acquisition costs, contract assets and contract liabilities from contracts with customers (in thousands):
|  | June 30, 2018 |  | January 1, 2018
Accounts receivable, net |  | $ | 20,167 |  |  | $ | 19,151 |
Deferred contract acquisition costs: |  |  |  |
Current |  | $ | 8,083 |  |  | $ | 7,059 |
Non-current |  | 18,393 |  |  | 16,079 |
Total deferred contract acquisition costs |  | $ | 26,476 |  |  | $ | 23,138 |
Contract assets and contract liabilities: |  |  |  |
Contract assets (included in prepaid expenses and other current assets) |  | $ | 991 |  |  | $ | 736 |
Contract liabilities (deferred revenue) |  | 14,750 |  |  | 13,568 |
Net contract assets (liabilities) |  | $ | (13,759 | ) |  | $ | (12,832 | )

X
- Definition Tabular disclosure of contract balances and changes in contract balances. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22580-107794 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e725-108305 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration