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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 69,815 $ 67,904
Accounts receivable, net of allowance for expected credit losses of $1,144 and $628 as of March 31, 2020 and December 31, 2019, respectively 59,505 84,605
Deferred commissions 18,603 20,326
Prepaid expenses and other current assets 24,980 19,201
Total current assets 172,903 192,036
Property and equipment, net 28,748 29,937
Operating lease right-of-use assets 64,220 69,100
Goodwill 242,690 243,895
Intangible assets, net 92,655 97,363
Other assets 7,082 6,829
Total assets 608,298 639,160
Current Liabilities:    
Accounts payable 352 505
Accrued expenses and other current liabilities 51,450 79,857
Current portion of long-term debt 10,156 9,375
Deferred revenue 195,399 179,194
Total current liabilities 257,357 268,931
Long-term debt, net of deferred financing fees 104,202 121,170
Non-current operating lease liabilities 63,840 67,062
Other non-current liabilities 24,727 23,909
Total liabilities 450,126 481,072
Stockholders' Equity (Note 12):    
Preferred stock, $0.01 par value Authorized - 500 shares; issued and outstanding - none
Common stock, $0.01 par value Authorized - 125,000 shares Issued - 23,389 and 23,275 shares as of March 31, 2020 and December 31, 2019, respectively Outstanding - 18,758 and 18,644 shares as of March 31, 2020 and December 31, 2019, respectively 234 233
Additional paid-in capital 220,308 216,454
Retained earnings 117,477 118,147
Treasury stock - 4,631 shares as of March 31, 2020 and December 31, 2019, at cost (171,889) (171,889)
Accumulated other comprehensive loss (7,958) (4,857)
Total stockholders’ equity 158,172 158,088
Total liabilities and stockholders’ equity $ 608,298 $ 639,160