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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 46,131 $ 40,333
Marketable securities 36,869 30,800
Accounts receivable, net of allowance for doubtful accounts of $978 and $781 at June 30, 2024 and December 31, 2023, respectively 31,801 34,346
Accounts receivable - unbilled 4,394 4,100
Prepaid royalties, net of amortization 9,043 10,202
Prepaid software maintenance and subscriptions 7,754 7,397
Other prepaid expenses and other current assets 3,120 3,032
Total current assets 139,112 130,210
Property and equipment, net of accumulated depreciation of $21,423 and $19,503 at June 30, 2024 and December 31, 2023, respectively 11,880 13,005
Capitalized software development, net of accumulated amortization of $139,063 and $127,009 at June 30, 2024 and December 31, 2023, respectively 41,540 40,643
Operating lease right of use assets, net 18,842 20,114
Goodwill 190,968 191,379
Deferred commissions 31,377 31,700
Non-marketable equity investments 4,053 4,134
Other assets 611 726
Total assets 499,555 499,942
Current liabilities:    
Accounts payable 5,805 7,465
Accrued expenses 15,004 22,717
Accrued royalties 4,187 4,556
Deferred revenue 86,887 83,623
Total current liabilities 111,883 118,361
Deferred tax liabilities 15,568 16,132
Deferred revenue, noncurrent 1,891 2,169
Operating lease liability, noncurrent 18,780 20,247
Other long-term liabilities 2,219 2,281
Shareholders’ equity:    
Common stock, no par value, 75,000 shares authorized; 30,408 and 30,298 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 250,368 249,075
Retained earnings 100,063 92,368
Accumulated other comprehensive loss (1,217) (691)
Total shareholders’ equity 349,214 340,752
Total liabilities and shareholders’ equity 499,555 499,942
Customer-Related Intangible Assets [Member]    
Current assets:    
Intangible Assets, Net 50,569 54,742
Other Intangible Assets [Member]    
Current assets:    
Intangible Assets, Net $ 10,603 $ 13,289