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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 10,155 $ 20,393
Accounts receivable, net of allowance for doubtful accounts of $216 as of September 30, 2020 and $131 as of December 31, 2019 12,623 14,564
Inventory 1,139 3,457
Prepaid expenses and deposits 13,703 13,478
Derivative instrument asset, current portion (note 5) 2,402 731
Prepaid domain name registry and ancillary services fees, current portion (note 11) 95,694 91,252
Income taxes recoverable 3,553 1,800
Total current assets 139,269 145,675
Prepaid domain name registry and ancillary services fees, long-term portion (note 11) 17,546 17,915
Property and equipment 109,767 82,121
Right of use operating lease asset 11,625 11,335
Contract costs 359 1,400
Intangible assets (note 6) 50,087 57,654
Goodwill (note 6) 116,270 109,818
Total assets 444,923 425,918
Current liabilities:    
Accounts payable 8,552 6,671
Accrued liabilities 9,525 9,373
Customer deposits 14,372 14,074
Derivative instrument liability, current portion (note 5) 135 0
Operating lease liability, current portion (note 12) 1,692 1,413
Deferred revenue, current portion (note 10) 128,569 123,101
Accreditation fees payable, current portion 975 952
Income taxes payable 881 1,324
Total current liabilities 164,701 156,908
Derivative instrument liability, long-term portion (note 5) 112 0
Deferred revenue, long-term portion (note 10) 25,661 26,202
Accreditation fees payable, long-term portion 200 216
Operating lease liability, long-term portion (note 12) 9,679 9,424
Loan payable (note 7) 113,672 113,503
Other long-term liability (note 4 (b)) 3,330 0
Deferred tax liability 27,187 25,471
Stockholders' equity (note 14)    
Preferred stock - no par value, 1,250,000 shares authorized; none issued and outstanding 0 0
Common stock - no par value, 250,000,000 shares authorized; 10,593,514 shares issued and outstanding as of September 30, 2020 and 10,585,159 shares issued and outstanding as of December 31, 2019 19,989 16,633
Additional paid-in capital 983 880
Retained earnings 78,038 76,208
Accumulated other comprehensive income (note 5) 1,371 473
Total stockholders' equity 100,381 94,194
Total liabilities and stockholders' equity 444,923 425,918
Contingencies (note 18)