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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 101,706 $ 103,629
Marketable investments 9,750 19,688
Accounts receivable, net of allowance for expected credit losses of $626 and $560 as of September 30, 2023 and December 31, 2022, respectively 41,016 73,345
Deferred commissions 16,558 24,559
Prepaid expenses and other current assets 15,855 14,069
Total current assets 184,885 235,290
Property and equipment, net 19,693 23,208
Operating lease right-of-use assets 42,021 49,970
Goodwill 242,061 242,149
Intangible assets, net 40,343 49,504
Other assets 7,053 8,317
Total assets 536,056 608,438
Current Liabilities:    
Accounts payable 762 361
Accrued expenses and other current liabilities 56,533 91,007
Deferred revenue 158,349 178,021
Total current liabilities 215,644 269,389
Long-term debt 35,000 50,000
Non-current operating lease liabilities 40,843 50,751
Other non-current liabilities 11,679 16,642
Total liabilities 303,166 386,782
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 - 24,672 and 24,367 shares as of September 30, 2023 and December 31, 2022, respectively Outstanding - 19,235 and 19,062 shares as of September 30, 2023 and December 31, 2022, respectively 247 244
Additional paid-in capital 273,797 261,766
Retained earnings 178,344 174,631
Treasury stock - 5,437 and 5,305 shares as of September 30, 2023 and December 31, 2022, respectively (211,149) (207,067)
Accumulated other comprehensive loss (8,349) (7,918)
Total stockholders’ equity 232,890 221,656
Total liabilities and stockholders’ equity $ 536,056 $ 608,438