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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 109,951 $ 103,629
Marketable investments 13,664 19,688
Accounts receivable, net of allowance for expected credit losses of $578 and $560 as of June 30, 2023 and December 31, 2022, respectively 46,277 73,345
Deferred commissions 18,260 24,559
Prepaid expenses and other current assets 22,069 14,069
Total current assets 210,221 235,290
Property and equipment, net 20,707 23,208
Operating lease right-of-use assets 44,649 49,970
Goodwill 243,287 242,149
Intangible assets, net 43,406 49,504
Other assets 8,404 8,317
Total assets 570,674 608,438
Current Liabilities:    
Accounts payable 1,137 361
Accrued expenses and other current liabilities 62,779 91,007
Deferred revenue 179,613 178,021
Total current liabilities 243,529 269,389
Long-term debt 35,000 50,000
Non-current operating lease liabilities 44,831 50,751
Other non-current liabilities 15,669 16,642
Total liabilities 339,029 386,782
Commitments and contingencies (Note 5, 15)
Stockholders' Equity :    
Preferred stock, $0,01 par value Authorized - 500 shares; issued and outstanding - none 0 0
Common stock, $0.01 par value Authorized - 125,000 shares Issued - 24,512 and 24,367 shares as of June 30, 2023 and December 31, 2022, respectively Outstanding - 19,180 and 19,062 shares as of June 30, 2023 and December 31, 2022, respectively 245 244
Additional paid-in capital 269,371 261,766
Retained earnings 175,860 174,631
Treasury stock - 5,332 and 5,305 shares as of June 30, 2023 and December 31, 2022, respectively (207,887) (207,067)
Accumulated other comprehensive loss (5,944) (7,918)
Total stockholders’ equity 231,645 221,656
Total liabilities and stockholders’ equity $ 570,674 $ 608,438