Rightside (NAME) 10-Q 9 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 03, 2017
Document And Entity Information [Abstract]
Entity Registrant Name	RIGHTSIDE GROUP, LTD.
Entity Central Index Key	1,589,094
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Trading Symbol	NAME
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		19,424,529
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 69,949	$ 31,922
Accounts receivable, net	6,094	3,498
Available-for-sale investments, at fair value (amortized cost of $13,026)	13,024
Prepaid expenses and other current assets	2,967	2,590
Deferred registration costs	8,504	9,063
Assets of discontinued operations	0	129,053
Total current assets	100,538	176,126
Deferred registration costs, less current portion	1,640	1,594
Property and equipment, net	5,392	5,746
Intangible assets, net	45,129	46,961
Goodwill	70,921	70,921
gTLD deposits	1,517	2,169
Other assets	510	671
Total assets	225,647	304,188
Current liabilities
Accounts payable	771	1,080
Accrued expenses and other current liabilities	7,417	8,887
Debt	0	12,800
Capital lease obligation	0	983
Deferred revenue	20,111	19,475
Liabilities of discontinued operations	0	133,588
Total current liabilities	28,299	176,813
Deferred revenue, less current portion	4,917	4,429
Deferred tax liabilities, net	8,179	8,102
Other liabilities	372	261
Total liabilities	41,767	189,605
Commitments and contingencies (Note 7)
Stockholders’ equity
Preferred stock, $0.0001 par value per share; 20,000 shares authorized Shares issued and outstanding: 0 and 0	0	0
Common stock, $0.0001 par value per share; 100,000 shares authorized Shares issued and outstanding: 19,503 and 19,539	2	2
Additional paid-in capital	151,969	152,421
Accumulated other comprehensive loss	(2)	0
Retained earnings (accumulated deficit)	31,911	(37,840)
Total stockholders’ equity	183,880	114,583
Total liabilities and stockholders’ equity	$ 225,647	$ 304,188

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Available-for-sale investments, amortized cost	$ 13,026
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized shares	100,000,000	100,000,000
Common stock, shares issued	19,503,000	19,539,000
Common stock, shares outstanding	19,503,000	19,539,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Statement [Abstract]
Revenue	$ 14,426	$ 16,606
Cost of revenue (excluding depreciation and amortization)	8,480	10,539
Sales and marketing	1,897	2,111
Technology and development	2,372	3,137
General and administrative	4,572	4,652
Depreciation and amortization	2,537	3,178
(Gain) loss on other assets, net	(120)	1
Interest expense	124	1,235
Other income, net	(51)	(50)
Loss from continuing operations before income tax	(5,385)	(8,197)
Income tax expense (benefit)	247	(1,945)
Loss from continuing operations	(5,632)	(6,252)
Income from discontinued operations, net of income tax of $39 and $1,577	75,383	1,145
Net income (loss)	$ 69,751	$ (5,107)
Basic income (loss) per share attributable to common stockholders:
Continuing operations	$ (0.29)	$ (0.33)
Discontinued operations	3.85	0.06
Basic income (loss) per share	3.56	(0.27)
Diluted income (loss) per share attributable to common stockholders:
Continuing operations	(0.29)	(0.33)
Discontinued operations	3.85	0.06
Diluted income (loss) per share	$ 3.56	$ (0.27)
Weighted average number of shares outstanding:
Weighted average shares outstanding, basic	19,583	19,146
Weighted average shares outstanding, diluted	19,583	19,146

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Statement [Abstract]
Income from discontinued operation, tax	$ 39	$ 1,577

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ 69,751	$ (5,107)
Other comprehensive loss:
Unrealized loss on available-for-sale securities	(2)	0
Tax effect	0	0
Other comprehensive loss, net of tax	(2)	0
Comprehensive income (loss)	$ 69,749	$ (5,107)

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities
Net income (loss)	$ 69,751	$ (5,107)
Less: Income from discontinued operations, net of income tax	75,383	1,145
Loss from continuing operations	(5,632)	(6,252)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	2,537	3,178
Amortization of discount and issuance costs on debt	50	452
Deferred income taxes	77	(1,961)
Stock-based compensation expense	1,462	1,234
(Gain) loss on gTLD application withdrawals, net	(120)	1
Gain on sale and disposal of assets, net	(4)	(14)
Change in operating assets and liabilities:
Accounts receivable	(2,230)	(1,016)
Prepaid expenses and other current assets	(378)	768
Deferred registration costs	512	81
Other long-term assets	(99)	76
Accounts payable	(309)	657
Accrued expenses and other liabilities	(596)	(51)
Deferred revenue	1,124	1,228
Net cash used in operating activities from continuing operations	(3,606)	(1,619)
Net cash (used in) provided by operating activities from discontinued operations	(2,300)	2,124
Net cash (used in) provided by operating activities	(5,906)	505
Cash flows from investing activities
Purchases of property and equipment	(429)	(479)
Purchases of intangible assets	(6)	(207)
Purchases of fixed maturities	(13,027)	0
Payments, deposits and returns of deposits for gTLD applications	259	3,021
Proceeds from gTLD withdrawals	125	125
Proceeds from sale of assets	31	116
Net cash (used in) provided by investing activities from continuing operations	(13,047)	2,576
Net cash provided by (used in) investing activities from discontinued operations	72,677	(243)
Net cash provided by investing activities	59,630	2,333
Cash flows from financing activities
Principal payments on capital lease obligations	(983)	(250)
Principal payments on debt	(12,800)	(375)
Shares repurchased	(1,620)	0
Proceeds from stock option exercises	31	3
Payments of tax withholdings on restricted stock awards	(325)	(332)
Net cash used in financing activities from continuing operations	(15,697)	(954)
Change in cash and cash equivalents	38,027	1,884
Cash and cash equivalents, beginning of period	31,922	45,095
Cash and cash equivalents, end of period	69,949	46,979
Supplemental disclosure of cash flows
Cash paid for interest	168	744
Cash paid for income taxes	$ 26	$ 41

Company Background and Basis of

Company Background and Basis of Presentation	3 Months Ended
	Mar. 31, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Company Background and Basis of Presentation	1. Company Background and Basis of Presentation Description of Business Rightside Group, Ltd. (together with its subsidiaries, “Rightside,” the “Company,” “our,” “we,” or “us”) provides domain name registration and related value‑added service subscriptions to third parties. We are also an accredited registry for new generic Top Level Domains (“gTLDs”) made available by the expansion (the “New gTLD Program”) of new gTLDs by the Internet Corporation for Assigned Names and Numbers (“ICANN”). eNom Divestiture On January 20, 2017, we completed the sale of eNom, Incorporated (“eNom”), our wholly-owned registrar, through a Stock Purchase Agreement with Tucows Inc. (“Tucows”) in exchange for $83.5 million, less a net working capital adjustment of $5.8 million, resulting in net cash at closing of $77.7 million. Basis of Presentation Our condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). All significant intercompany accounts and transactions have been eliminated in consolidation. We will refer to our condensed consolidated financial statements as “financial statements,” “balance sheets,” “statements of operations,” “statements of comprehensive income (loss),” “statements of stockholders’ equity,” and “statements of cash flows” herein. Interim Financial Statements We have prepared the unaudited condensed consolidated interim financial statements on the same basis as the audited financial statements and have included all adjustments, consisting of normal recurring adjustments and accruals, necessary for the fair statement of our financial statements. The results for the three months ended March 31, 2017 are not necessarily indicative of the results expected for the full year. The unaudited condensed consolidated interim financial statements have been prepared in accordance with GAAP. They do not include all of the information and footnotes required by GAAP for complete financial statements. The year-end balance sheet data was derived from audited financial statements, but does not include all disclosures required by GAAP. Therefore, these condensed consolidated financial statements should be read in conjunction with our audited financial statements and notes thereto included in our Form 10-K for the year ended December 31, 2016 as filed with the Securities and Exchange Commission (“SEC”) on March 15, 2017. Reclassifications Certain amounts previously presented for prior periods have been reclassified to conform to current presentation. These reclassifications did not affect assets, liabilities, net income, cash flows or equity for the periods presented. Revisions We determined that the change in unpaid purchases of assets was misclassified in the statements of cash flows for the three months ended March 31, 2016. For the three months ended March 31, 2016, this classification error resulted in an overstatement of cash outflows from operations of $0.4 million and an overstatement of cash inflows from investing activities of $0.4 million.

Summary of Significant Accounti

Summary of Significant Accounting Policies and Accounting Pronouncements	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies and Accounting Pronouncements	2. Summary of Significant Accounting Policies and Accounting Pronouncements Refer to our audited financial statements included in our Form 10-K as filed with the SEC on March 15, 2017, for a complete discussion of all significant accounting policies. Adoption of New Accounting Pronouncements In March 2016, the FASB issued ASU 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows Accounting Pronouncements Not Yet Adopted In January 2017, the FASB issued ASU 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), In May 2014, the FASB issued ASU 2014‑09, Revenue from Contracts with Customers (Topic 606 “Deferral of the Effective Date,” “Principal versus Agent Considerations (Reporting Revenue Gross versus Net) ” “Identifying Performance Obligations and Licensing ” “Narrow-Scope Improvements and Practical Expedients,”

Business Divestiture

Business Divestiture	3 Months Ended
	Mar. 31, 2017
Discontinued Operations And Disposal Groups [Abstract]
Business Divestiture	3. Business Divestiture Discontinued Operations On January 20, 2017, Rightside completed the divestiture (the “eNom Divestiture”) of eNom, our wholly-owned registrar, to Tucows, in exchange for $83.5 million, less a net working capital adjustment of $5.8 million, resulting in net cash at closing of $77.7 million. Under the Stock Purchase Agreement, we will indemnify Tucows against losses arising from, among other things, breaches of representations and warranties, breaches of covenants, any pre-closing taxes, any unpaid debt or transaction expenses and certain other specified matters. In addition, we are required to maintain certain unrestricted cash and cash equivalents balances. Upon completion of the eNom Divestiture, we recognized a gain of $75.6 million on the statements of operations within income from discontinued operations, net of income tax. The eNom Divestiture resulted in a loss for tax purposes since Rightside’s tax basis in its eNom stock exceeded the proceeds from the sale. In connection with the eNom Divestiture, we and Tucows entered into a transition services agreement under which each party will compensate the other for the provision of various services to the other party, including information technology, accounting and finance, human resources and facilities services. The obligations under this transition services agreement began on January 20, 2017 and ends on various dates through June 30, 2019. The eNom Divestiture met the criteria of a “discontinued operation” as defined by ASC 205-20. eNom’s assets and liabilities are classified as discontinued operations in our balance sheet for all periods presented and eNom’s results of operations and gain on sale, net of income taxes, of $75.4 million are included in income from discontinued operations in our statements of operations for all periods presented. The major classes of assets and liabilities included as discontinued operations related to eNom are as follows (in thousands): March 31, December 31, 2017 2016 Assets Accounts receivable, net $ — $ 6,422 Prepaid expenses and other current assets — 3,332 Deferred registration costs — 65,982 Deferred registration costs, less current portion — 14,441 Property and equipment, net — 4,718 Intangible assets, net — 1,955 Goodwill — 32,121 Other assets — 82 Total assets of discontinued operations $ — $ 129,053 Liabilities Accounts payable $ — $ 5,494 Accrued expenses and other current liabilities — 12,988 Deferred revenue — 77,082 Deferred revenue, less current portion — 18,457 Deferred tax liabilities, net — 19,099 Other liabilities — 468 Total liabilities of discontinued operations $ — 133,588 The major classes of line items constituting the income from discontinued operations in the statements of operations are as follows (in thousands): Three Months Ended March 31, 2017 2016 Revenue $ 7,798 $ 38,975 Cost of revenue (excluding depreciation and amortization) 6,909 31,838 Sales and marketing 196 527 Technology and development 655 2,747 General and administrative 82 273 Depreciation and amortization 174 868 (Loss) income from discontinued operations before income tax (218 ) 2,722 Income tax expense 39 1,577 (Loss) income from discontinued operations, net of income tax $ (257 ) $ 1,145 Gain on sale 75,640 — Income from discontinued operations $ 75,383 $ 1,145 Loss from continuing operations includes $0.1 million and $0.5 million of revenue for the three months ended March 31, 2017 and 2016, respectively, which was previously eliminated in the consolidated financial statements. These amounts relate to transactions between eNom and our Registry services business that were eliminated upon consolidation prior to the eNom Divestiture.

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2017
Intangible Assets Net Excluding Goodwill [Abstract]
Intangible Assets	4. Intangible Assets Intangible assets consisted of the following (in thousands): March 31, 2017 December 31, 2016 Gross Gross carrying Accumulated carrying Accumulated amount amortization Net amount amortization Net Owned website names $ 13,625 $ (11,216 ) $ 2,409 $ 13,935 $ (11,198 ) $ 2,737 Customer relationships 8,224 (8,224 ) — 8,090 (8,037 ) 53 Technology 416 (416 ) — 416 (416 ) — Non-compete agreements 207 (174 ) 33 207 (164 ) 43 Trade names 1,276 (584 ) 692 1,276 (548 ) 728 gTLDs 54,348 (12,353 ) 41,995 54,348 (10,948 ) 43,400 Total $ 78,096 $ (32,967 ) $ 45,129 $ 78,272 $ (31,311 ) $ 46,961 Amortization expense of intangible assets was $1.8 million and $2.2 million for the three months ended March 31, 2017 and 2016, respectively. Estimated future amortization expense related to intangible assets held as of March 31, 2017 (in thousands): Years Ending December 31, Amount 2017 (April 1, 2017 to December 31, 2017) $ 5,081 2018 6,490 2019 6,190 2020 5,970 2021 5,855 Thereafter 15,543 Total $ 45,129

gTLD Deposits

gTLD Deposits	3 Months Ended
	Mar. 31, 2017
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
gTLD Deposits	5. gTLD Deposits As of March 31, 2017 and December 31, 2016, our gTLD deposits were $1.5 million and $2.2 million, respectively. During the three months ended March 31, 2017, we received $0.3 million related to the settlement The settlement of our interest in certain gTLD applications resulted in a net gain of $0.1 million for the three months ended March 31, 2017 and the withdrawal of our interest in certain gTLD applications resulted in a net loss of $1,000 for the three months ended March 31, 2016. We recorded these gains and losses in (gain) loss on other assets, net, on the statements of operations.

Debt

Debt	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Debt	6. Debt Silicon Valley Bank Credit Facility On January 20, 2017, we fully repaid the $12.8 million draw on our revolving line of credit with Silicon Valley Bank (“SVB Credit Facility”) and entered into a Limited Consent and Amendment No. 4 to Credit Agreement (“Amendment No. 4”) with Silicon Valley Bank to release eNom as a party to the SVB Credit Facility in connection with the eNom Divestiture. In addition, Amendment No. 4 suspends the availability period for revolving loans, lowers the total commitment from $30.0 million to $15.0 million and amends certain financial covenants.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	7. Commitments and Contingencies Letters of Credit As of March 31, 2017, we have letters of credit totaling $2.8 million under the SVB Credit Facility. Litigation From time to time, we are party to various litigation matters incidental to the conduct of our business. There is no pending or threatened legal proceeding to which we are a party that, in our belief, could have a material adverse effect on our future financial results.

Investments

Investments	3 Months Ended
	Mar. 31, 2017
Investments Debt And Equity Securities [Abstract]
Investments	8. Investments Our available-for-sale investments by major security type are as follows (in thousands): Cost or Gross Gross Amortized Unrealized Unrealized Fair As of March 31, 2017 Cost Gains Losses Value Fixed maturities: Asset-backed securities $ 3,495 $ — $ — $ 3,495 Corporate securities 3,604 — (2 ) 3,602 Commercial paper 5,927 — — 5,927 Total $ 13,026 $ — $ (2 ) $ 13,024 The following table presents gross unrealized losses and fair values of our available-for-sale investments (in thousands). The table is aggregated by investment category and presents separately those securities that have been in a continuous unrealized loss position for less than twelve months and for twelve months or more. Less than 12 Months 12 Months or More Gross Gross Fair Unrealized Fair Unrealized As of March 31, 2017 Value Losses Value Losses Fixed maturities: Asset-backed securities $ 1,251 $ — $ — $ — Corporate securities 2,351 (2 ) — — Total $ 3,602 $ (2 ) $ — $ — We had no investments as of December 31, 2016. We invest in securities that are rated investment grade or better. As of March 31, 2017, our investments are all due within one year or less. We review the individual securities in our portfolio to determine whether a decline in a security’s fair value below the amortized cost basis is other-than-temporary. We determined that as of March 31, 2017, there were no investments in our portfolio that were other-than-temporarily impaired.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Stockholders' Equity	9. Stockholders’ Equity Stock repurchase program In February 2017, we announced that our board of directors authorized a stock repurchase program of up to $50 million of our outstanding common stock, effective immediately. The stock repurchase program will be in place for up to 24 months. Under the stock repurchase program, repurchases may be made from time to time in the open market. The share repurchase program does not obligate us to repurchase any specific dollar amount or to acquire any specific number of shares. The repurchase program may be limited, suspended or discontinued at any time without prior notice. The following table presents the open-market share purchase activity, exclusive of purchase and administrative costs (in thousands, except per share data): Three Months Ended March 31, 2017 2016 Total number of shares purchased 174 — Average price paid per share $ 9.32 $ — Total cost $ 1,620 $ —

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	10. Fair Value of Financial Instruments We measure our financial assets and liabilities in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. • Level 1—valuations for assets and liabilities traded in active exchange markets, or interest in open‑end mutual funds that allow a company to sell its ownership interest back at net asset value on a daily basis. Valuations are obtained from readily available pricing sources for market transactions involving identical assets, liabilities or funds. • Level 2—valuations for assets and liabilities traded in less active dealer, or broker markets, such as quoted prices for similar assets or liabilities or quoted prices in markets that are not active. Level 2 includes U.S. Treasury, U.S. government and agency debt securities, and certain corporate obligations. Valuations are usually obtained from third-party pricing services for identical or comparable assets or liabilities. • Level 3—valuations for assets and liabilities that are derived from other valuation methodologies, such as option pricing models, discounted cash flow models and similar techniques, and not based on market exchange, dealer, or broker traded transactions. Level 3 valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities. Financial assets and financial liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurements. In determining fair value, we utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible and consider counterparty credit risk in our assessment of fair value. Our assessment of the significance of a particular input to the fair value measurements requires judgment, and may affect the valuation of the assets and liabilities being measured and their placement within the fair value hierarchy. The following tables present the fair value of our financial instruments classified by the valuation hierarchy described above. The financial instruments are separated between those measured at fair value on a recurring basis and those not carried at fair value, but for which disclosure of fair value is required (in thousands): Carrying Fair Value Measurement Using Total As of March 31, 2017 Value Level 1 Level 2 Level 3 Fair Value Measured at fair value on a recurring basis: Assets Fixed maturities: Asset-backed securities $ 3,495 $ — $ 3,495 $ — $ 3,495 Corporate securities 3,602 — 3,602 — 3,602 Commercial paper 5,927 — 5,927 — 5,927 Total fixed maturities 13,024 — 13,024 — 13,024 Subject to fair value disclosure requirements: Cash equivalents $ 31,959 $ 31,959 $ — $ — $ 31,959 Note receivable 10 — — 10 10 Carrying Fair Value Measurement Using Total As of December 31, 2016 Value Level 1 Level 2 Level 3 Fair Value Subject to fair value disclosure requirements: Assets Note receivable $ 10 $ — $ — $ 10 $ 10 Liabilities Debt 12,800 — — 12,800 12,800 Our note receivable is short-term in nature and its carrying value approximates fair value. This is classified as a Level 3 measurement. The fair value of our debt, the draw on our revolving line of credit, is short-term in nature and its carrying value approximates fair value. This is classified as a Level 3 measurement. The following table presents a reconciliation of our debt measured at fair value using unobservable inputs (Level 3) (in thousands): Amount Balance as of December 31, 2016 $ 12,800 Repayment of debt (12,800 ) Balance as of March 31, 2017 $ — The following table presents a reconciliation of our note receivable measured at fair value using unobservable inputs (Level 3) (in thousands): Amount Balance as of December 31, 2016 $ 10 Repayments on note receivable — Balance as of March 31, 2017 $ 10

Business Segments

Business Segments	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Business Segments	11. Business Segments We follow the authoritative literature that established annual and interim reporting standards for an entity’s operating segments and related disclosures about its products and services, geographic regions and major customers. We operate in one operating segment. Our chief operating decision maker (“CODM”) manages our operations on a global basis for purposes of evaluating financial performance and allocating resources. The CODM reviews separate revenue information for our Registrar services, Registry services, and Aftermarket and other services. All other financial information is reviewed by the CODM on a global basis. Our operations are located in the United States, Ireland, Canada and Cayman Islands. We also have a wholly foreign-owned enterprise in China. Revenue derived from our Registrar services, Registry services, and Aftermarket and other offerings are as follows (in thousands): Three Months Ended March 31, 2017 2016 Registrar services $ 7,259 $ 7,038 Registry services 3,176 2,639 Aftermarket and other 4,348 7,275 Eliminations (357 ) (346 ) Total revenue $ 14,426 $ 16,606 Amounts in the Eliminations line reflect the elimination of intercompany charges between our Registrar and Registry services businesses. Revenue by geographic location is as follows (in thousands): Three Months Ended March 31, 2017 2016 United States $ 10,077 $ 12,290 International 4,349 4,316 Total $ 14,426 $ 16,606 No international country represented more than 10% of total revenue in any period presented.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	12. Earnings (Loss) Per Share Basic and diluted earnings (loss) per share were calculated using the following (in thousands, except per share amounts): Three Months Ended March 31, 2017 2016 Loss from continuing operations $ (5,632 ) $ (6,252 ) Income from discontinued operations 75,383 1,145 Net income (loss) 69,751 (5,107 ) Weighted average number of shares outstanding: Basic 19,583 19,146 Diluted 19,583 19,146 Basic income (loss) per share attributable to common stockholders: Continuing operations $ (0.29 ) $ (0.33 ) Discontinued operations 3.85 0.06 Basic income (loss) per share $ 3.56 $ (0.27 ) Diluted income (loss) per share attributable to common stockholders: Continuing operations $ (0.29 ) $ (0.33 ) Discontinued operations 3.85 0.06 Diluted income (loss) per share $ 3.56 $ (0.27 ) For the three months ended March 31, 2017 and 2016, we excluded approximately 108 thousand and 131 thousand shares, respectively, of restricted stock units and stock options from the calculation of diluted weighted average shares outstanding as their inclusion would have been antidilutive. The $15.05 exercise price per share on the stock warrants related to the Tennenbaum Credit Facility did not have a dilutive effect for any period presented.

Summary of Significant Accoun20

Summary of Significant Accounting Policies and Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Reclassifications	Reclassifications Certain amounts previously presented for prior periods have been reclassified to conform to current presentation. These reclassifications did not affect assets, liabilities, net income, cash flows or equity for the periods presented.
Adoption of New Accounting Pronouncements	Adoption of New Accounting Pronouncements In March 2016, the FASB issued ASU 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows
Accounting Pronouncements Not Yet Adopted	Accounting Pronouncements Not Yet Adopted In January 2017, the FASB issued ASU 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), In May 2014, the FASB issued ASU 2014‑09, Revenue from Contracts with Customers (Topic 606 “Deferral of the Effective Date,” “Principal versus Agent Considerations (Reporting Revenue Gross versus Net) ” “Identifying Performance Obligations and Licensing ” “Narrow-Scope Improvements and Practical Expedients,”
Fair Value of Financial Instruments	We measure our financial assets and liabilities in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. • Level 1—valuations for assets and liabilities traded in active exchange markets, or interest in open‑end mutual funds that allow a company to sell its ownership interest back at net asset value on a daily basis. Valuations are obtained from readily available pricing sources for market transactions involving identical assets, liabilities or funds. • Level 2—valuations for assets and liabilities traded in less active dealer, or broker markets, such as quoted prices for similar assets or liabilities or quoted prices in markets that are not active. Level 2 includes U.S. Treasury, U.S. government and agency debt securities, and certain corporate obligations. Valuations are usually obtained from third-party pricing services for identical or comparable assets or liabilities. • Level 3—valuations for assets and liabilities that are derived from other valuation methodologies, such as option pricing models, discounted cash flow models and similar techniques, and not based on market exchange, dealer, or broker traded transactions. Level 3 valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities. Financial assets and financial liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurements. In determining fair value, we utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible and consider counterparty credit risk in our assessment of fair value. Our assessment of the significance of a particular input to the fair value measurements requires judgment, and may affect the valuation of the assets and liabilities being measured and their placement within the fair value hierarchy.
Segment Reporting	We follow the authoritative literature that established annual and interim reporting standards for an entity’s operating segments and related disclosures about its products and services, geographic regions and major customers.

Business Divestiture (Tables)

Business Divestiture (Tables)	3 Months Ended
	Mar. 31, 2017
Discontinued Operations And Disposal Groups [Abstract]
Schedule of Major Class of Assets and Liabilities and Income from Discontinued Operations, Net of Income Tax	The major classes of assets and liabilities included as discontinued operations related to eNom are as follows (in thousands): March 31, December 31, 2017 2016 Assets Accounts receivable, net $ — $ 6,422 Prepaid expenses and other current assets — 3,332 Deferred registration costs — 65,982 Deferred registration costs, less current portion — 14,441 Property and equipment, net — 4,718 Intangible assets, net — 1,955 Goodwill — 32,121 Other assets — 82 Total assets of discontinued operations $ — $ 129,053 Liabilities Accounts payable $ — $ 5,494 Accrued expenses and other current liabilities — 12,988 Deferred revenue — 77,082 Deferred revenue, less current portion — 18,457 Deferred tax liabilities, net — 19,099 Other liabilities — 468 Total liabilities of discontinued operations $ — 133,588 The major classes of line items constituting the income from discontinued operations in the statements of operations are as follows (in thousands): Three Months Ended March 31, 2017 2016 Revenue $ 7,798 $ 38,975 Cost of revenue (excluding depreciation and amortization) 6,909 31,838 Sales and marketing 196 527 Technology and development 655 2,747 General and administrative 82 273 Depreciation and amortization 174 868 (Loss) income from discontinued operations before income tax (218 ) 2,722 Income tax expense 39 1,577 (Loss) income from discontinued operations, net of income tax $ (257 ) $ 1,145 Gain on sale 75,640 — Income from discontinued operations $ 75,383 $ 1,145

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2017
Intangible Assets Net Excluding Goodwill [Abstract]
Schedule of Intangible Assets	Intangible assets consisted of the following (in thousands): March 31, 2017 December 31, 2016 Gross Gross carrying Accumulated carrying Accumulated amount amortization Net amount amortization Net Owned website names $ 13,625 $ (11,216 ) $ 2,409 $ 13,935 $ (11,198 ) $ 2,737 Customer relationships 8,224 (8,224 ) — 8,090 (8,037 ) 53 Technology 416 (416 ) — 416 (416 ) — Non-compete agreements 207 (174 ) 33 207 (164 ) 43 Trade names 1,276 (584 ) 692 1,276 (548 ) 728 gTLDs 54,348 (12,353 ) 41,995 54,348 (10,948 ) 43,400 Total $ 78,096 $ (32,967 ) $ 45,129 $ 78,272 $ (31,311 ) $ 46,961
Estimated Future Amortization Expense	Estimated future amortization expense related to intangible assets held as of March 31, 2017 (in thousands): Years Ending December 31, Amount 2017 (April 1, 2017 to December 31, 2017) $ 5,081 2018 6,490 2019 6,190 2020 5,970 2021 5,855 Thereafter 15,543 Total $ 45,129

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2017
Investments Debt And Equity Securities [Abstract]
Schedule of Available-for-sale Investments by Major Security Type	Our available-for-sale investments by major security type are as follows (in thousands): Cost or Gross Gross Amortized Unrealized Unrealized Fair As of March 31, 2017 Cost Gains Losses Value Fixed maturities: Asset-backed securities $ 3,495 $ — $ — $ 3,495 Corporate securities 3,604 — (2 ) 3,602 Commercial paper 5,927 — — 5,927 Total $ 13,026 $ — $ (2 ) $ 13,024
Schedule of Gross Unrealized Losses and Fair Values of Available-for-sale Investments in Continuous Unrealized Loss Position	The following table presents gross unrealized losses and fair values of our available-for-sale investments (in thousands). The table is aggregated by investment category and presents separately those securities that have been in a continuous unrealized loss position for less than twelve months and for twelve months or more. Less than 12 Months 12 Months or More Gross Gross Fair Unrealized Fair Unrealized As of March 31, 2017 Value Losses Value Losses Fixed maturities: Asset-backed securities $ 1,251 $ — $ — $ — Corporate securities 2,351 (2 ) — — Total $ 3,602 $ (2 ) $ — $ —

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Schedule of Open-Market Share Purchase Activity, Exclusive of Purchase and Administrative Costs	The following table presents the open-market share purchase activity, exclusive of purchase and administrative costs (in thousands, except per share data): Three Months Ended March 31, 2017 2016 Total number of shares purchased 174 — Average price paid per share $ 9.32 $ — Total cost $ 1,620 $ —

Fair Value of Financial Instr25

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value	The following tables present the fair value of our financial instruments classified by the valuation hierarchy described above. The financial instruments are separated between those measured at fair value on a recurring basis and those not carried at fair value, but for which disclosure of fair value is required (in thousands): Carrying Fair Value Measurement Using Total As of March 31, 2017 Value Level 1 Level 2 Level 3 Fair Value Measured at fair value on a recurring basis: Assets Fixed maturities: Asset-backed securities $ 3,495 $ — $ 3,495 $ — $ 3,495 Corporate securities 3,602 — 3,602 — 3,602 Commercial paper 5,927 — 5,927 — 5,927 Total fixed maturities 13,024 — 13,024 — 13,024 Subject to fair value disclosure requirements: Cash equivalents $ 31,959 $ 31,959 $ — $ — $ 31,959 Note receivable 10 — — 10 10 Carrying Fair Value Measurement Using Total As of December 31, 2016 Value Level 1 Level 2 Level 3 Fair Value Subject to fair value disclosure requirements: Assets Note receivable $ 10 $ — $ — $ 10 $ 10 Liabilities Debt 12,800 — — 12,800 12,800
Schedule of Reconciliation of Debt Fair Value Using Unobservable Inputs	The following table presents a reconciliation of our debt measured at fair value using unobservable inputs (Level 3) (in thousands): Amount Balance as of December 31, 2016 $ 12,800 Repayment of debt (12,800 ) Balance as of March 31, 2017 $ —
Schedule of Reconciliation of Note Receivable Measured at Fair Value Using Unobservable Inputs	The following table presents a reconciliation of our note receivable measured at fair value using unobservable inputs (Level 3) (in thousands): Amount Balance as of December 31, 2016 $ 10 Repayments on note receivable — Balance as of March 31, 2017 $ 10

Business Segments (Tables)

Business Segments (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Schedule of Revenue Derived from Segments	Revenue derived from our Registrar services, Registry services, and Aftermarket and other offerings are as follows (in thousands): Three Months Ended March 31, 2017 2016 Registrar services $ 7,259 $ 7,038 Registry services 3,176 2,639 Aftermarket and other 4,348 7,275 Eliminations (357 ) (346 ) Total revenue $ 14,426 $ 16,606
Schedule of Revenue By Location	Revenue by geographic location is as follows (in thousands): Three Months Ended March 31, 2017 2016 United States $ 10,077 $ 12,290 International 4,349 4,316 Total $ 14,426 $ 16,606

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Earnings (Loss) Per Share	Basic and diluted earnings (loss) per share were calculated using the following (in thousands, except per share amounts): Three Months Ended March 31, 2017 2016 Loss from continuing operations $ (5,632 ) $ (6,252 ) Income from discontinued operations 75,383 1,145 Net income (loss) 69,751 (5,107 ) Weighted average number of shares outstanding: Basic 19,583 19,146 Diluted 19,583 19,146 Basic income (loss) per share attributable to common stockholders: Continuing operations $ (0.29 ) $ (0.33 ) Discontinued operations 3.85 0.06 Basic income (loss) per share $ 3.56 $ (0.27 ) Diluted income (loss) per share attributable to common stockholders: Continuing operations $ (0.29 ) $ (0.33 ) Discontinued operations 3.85 0.06 Diluted income (loss) per share $ 3.56 $ (0.27 )

Company Background and Basis 28

Company Background and Basis of Presentation - Additional Information (Details) - USD ($) $ in Millions	Jan. 20, 2017	Mar. 31, 2016
Overstatement of Cash Outflows from Operations
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Quantifying misstatement in current year financial statements, amount		$ 0.4
Overstatement of Cash Inflows from Investing Activities
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Quantifying misstatement in current year financial statements, amount		$ 0.4
E Nom Divestiture
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Proceeds from divestiture of businesses	$ 83.5
Working capital adjustment, net	5.8
Proceeds from divestiture of businesses, net	$ 77.7

Summary of Significant Accoun29

Summary of Significant Accounting Policies and Accounting Pronouncements - Additional Information (Details)	3 Months Ended
	Mar. 31, 2017
ASU 2016-02
Summary Of Significant Accounting Policies And Recent Accounting Pronouncements [Line Items]
Description Of Lessee Leasing Arrangements Operating Leases	The new standard brings substantially all leases on the balance sheets for operating lease arrangements with lease terms greater than 12 months for lessees.

Business Divestiture - Addition

Business Divestiture - Additional Information (Details) - USD ($) $ in Thousands	Jan. 20, 2017	Mar. 31, 2017	Mar. 31, 2016
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Income from discontinued operations		$ 75,383	$ 1,145
E Nom Divestiture
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Proceeds from divestiture of businesses	$ 83,500
Working capital adjustment, net	5,800
Proceeds from divestiture of businesses, net	$ 77,700
Recognized gain on disposal of discontinued operation		75,640
Income from discontinued operations		75,383	1,145
Loss from eNom divestiture previously eliminated in consolidation		$ 100	$ 500

Business Divestiture - Schedule

Business Divestiture - Schedule of Major Class of Assets and Liabilities included as Discontinued Operations (Details) - E Nom Divestiture - Discontinued Operations, Held for sale - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Accounts receivable, net	$ 0	$ 6,422
Prepaid expenses and other current assets	0	3,332
Deferred registration costs	0	65,982
Deferred registration costs, less current portion	0	14,441
Property and equipment, net	0	4,718
Intangible assets, net	0	1,955
Goodwill	0	32,121
Other assets	0	82
Total assets of discontinued operations	0	129,053
Accounts payable	0	5,494
Accrued expenses and other current liabilities	0	12,988
Deferred revenue	0	77,082
Deferred revenue, less current portion	0	18,457
Deferred tax liabilities, net	0	19,099
Other liabilities	0	468
Total liabilities of discontinued operations	$ 0	$ 133,588

Business Divestiture - Schedu32

Business Divestiture - Schedule of Major Class of Line Items Constituting the Income From Discontinued Operations, Net of Income Tax (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Income from discontinued operation, tax	$ 39	$ 1,577
Income from discontinued operations	75,383	1,145
E Nom Divestiture
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Revenue	7,798	38,975
Cost of revenue (excluding depreciation and amortization)	6,909	31,838
Sales and marketing	196	527
Technology and development	655	2,747
General and administrative	82	273
Depreciation and amortization	174	868
(Loss) income from discontinued operations before income tax	(218)	2,722
Income from discontinued operation, tax	39	1,577
(Loss) income from discontinued operations, net of income tax	(257)	1,145
Gain on sale	75,640
Income from discontinued operations	$ 75,383	$ 1,145

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 78,096	$ 78,272
Accumulated amortization	(32,967)	(31,311)
Total	45,129	46,961
Owned website names
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	13,625	13,935
Accumulated amortization	(11,216)	(11,198)
Total	2,409	2,737
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	8,224	8,090
Accumulated amortization	(8,224)	(8,037)
Total	0	53
Technology
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	416	416
Accumulated amortization	(416)	(416)
Total	0	0
Noncompete agreements
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	207	207
Accumulated amortization	(174)	(164)
Total	33	43
Trade names
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	1,276	1,276
Accumulated amortization	(584)	(548)
Total	692	728
gTLDs
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	54,348	54,348
Accumulated amortization	(12,353)	(10,948)
Total	$ 41,995	$ 43,400

Intangible Assets - Additional

Intangible Assets - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Intangible Assets Net Excluding Goodwill [Abstract]
Amortization expense of intangible assets	$ 1.8	$ 2.2

Intangible Assets - Estimated F

Intangible Assets - Estimated Future Amortization Expense (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets, Net, Amortization Expense, Rolling Maturity [Abstract]
2017 (April 1, 2017 to December 31, 2017)	$ 5,081
2,018	6,490
2,019	6,190
2,020	5,970
2,021	5,855
Thereafter	15,543
Total	$ 45,129	$ 46,961

gTLD Deposits - Additional Info

gTLD Deposits - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Line Items]
gTLD deposits	$ 1,517,000		$ 2,169,000
Receipts and payments for gTLD applications	259,000	$ 3,021,000
Gain (loss) on other assets, net	120,000	(1,000)
gTLDs
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Line Items]
Gain (loss) on other assets, net	$ 100,000	$ (1,000)

Debt - Additional Information (

Debt - Additional Information (Details) - Revolving Credit Facility - Silicon Valley Bank - USD ($)	Jan. 20, 2017	Jan. 19, 2017
Credit facilities disclosures
Repayments of revolving line of credit	$ 12,800,000
Credit facility borrowing capacity	$ 15,000,000	$ 30,000,000

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) $ in Millions	Mar. 31, 2017USD ($)
Silicon Valley Bank
Commitments And Contingencies [Line Items]
Letters of credit issued	$ 2.8

Investments - Schedule of Avail

Investments - Schedule of Available-for-sale Investments by Major Security Type (Details) $ in Thousands	Mar. 31, 2017USD ($)
Schedule Of Available For Sale Securities [Line Items]
Cost or Amortized Cost	$ 13,026
Gross Unrealized Gains	0
Gross Unrealized Losses	(2)
Fair Value	13,024
Asset-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Cost or Amortized Cost	3,495
Gross Unrealized Gains	0
Gross Unrealized Losses	0
Fair Value	3,495
Corporate Securities
Schedule Of Available For Sale Securities [Line Items]
Cost or Amortized Cost	3,604
Gross Unrealized Gains	0
Gross Unrealized Losses	(2)
Fair Value	3,602
Commercial Paper
Schedule Of Available For Sale Securities [Line Items]
Cost or Amortized Cost	5,927
Gross Unrealized Gains	0
Gross Unrealized Losses	0
Fair Value	$ 5,927

Investments - Schedule of Gross

Investments - Schedule of Gross Unrealized Losses and Fair Values of Available-for-sale Investments in Continuous Unrealized Loss Position (Details) $ in Thousands	Mar. 31, 2017USD ($)
Schedule Of Available For Sale Securities [Line Items]
Available for sale investments, Less than 12 Months, Fair Value	$ 3,602
Available for sale investments, Less than 12 Months, Gross Unrealized Losses	(2)
Available for sale investments, 12 Months or More, Fair Value	0
Available for sale investments, 12 Months or More, Gross Unrealized Losses	0
Asset-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Available for sale investments, Less than 12 Months, Fair Value	1,251
Available for sale investments, Less than 12 Months, Gross Unrealized Losses	0
Available for sale investments, 12 Months or More, Fair Value	0
Available for sale investments, 12 Months or More, Gross Unrealized Losses	0
Corporate Securities
Schedule Of Available For Sale Securities [Line Items]
Available for sale investments, Less than 12 Months, Fair Value	2,351
Available for sale investments, Less than 12 Months, Gross Unrealized Losses	(2)
Available for sale investments, 12 Months or More, Fair Value	0
Available for sale investments, 12 Months or More, Gross Unrealized Losses	$ 0

Investments - Additional Inform

Investments - Additional Information (Details)	Dec. 31, 2016USD ($)
Investments Debt And Equity Securities [Abstract]
Investments	$ 0

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details)	1 Months Ended
	Feb. 28, 2017USD ($)
Equity [Abstract]
Stock repurchase program, authorized amount	$ 50,000,000
Stock repurchase program, period	24 months

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Open-Market Share Purchase Activity, Exclusive of Purchase and Administrative Costs (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Equity [Abstract]
Total number of shares purchased	174,000	0
Average price paid per share	$ 9.32	$ 0
Total cost	$ 1,620	$ 0

Fair Value of Financial Instr44

Fair Value of Financial Instruments - Schedule of Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	$ 13,024
Cash equivalents, carrying value	31,959
Note receivable, carrying value	10	$ 10
Cash equivalents, fair value	31,959
Note receivable, fair value	10	10
Note receivable, carrying value	10	10
Debt, carrying value		12,800
Debt, fair value		12,800
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, fair value	31,959
Note receivable, fair value	0	0
Debt, fair value		0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, fair value	0
Note receivable, fair value	0	0
Debt, fair value		0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents, fair value	0
Note receivable, fair value	10	10
Debt, fair value		$ 12,800
Fixed Maturities | Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	13,024
Fixed Maturities | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	13,024
Fixed Maturities | Fair Value | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0
Fixed Maturities | Fair Value | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	13,024
Fixed Maturities | Fair Value | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0
Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	3,495
Asset-backed Securities | Fixed Maturities | Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	3,495
Asset-backed Securities | Fixed Maturities | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	3,495
Asset-backed Securities | Fixed Maturities | Fair Value | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0
Asset-backed Securities | Fixed Maturities | Fair Value | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	3,495
Asset-backed Securities | Fixed Maturities | Fair Value | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0
Corporate Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	3,602
Corporate Securities | Fixed Maturities | Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	3,602
Corporate Securities | Fixed Maturities | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	3,602
Corporate Securities | Fixed Maturities | Fair Value | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0
Corporate Securities | Fixed Maturities | Fair Value | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	3,602
Corporate Securities | Fixed Maturities | Fair Value | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0
Commercial Paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	5,927
Commercial Paper | Fixed Maturities | Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	5,927
Commercial Paper | Fixed Maturities | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	5,927
Commercial Paper | Fixed Maturities | Fair Value | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0
Commercial Paper | Fixed Maturities | Fair Value | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	5,927
Commercial Paper | Fixed Maturities | Fair Value | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	$ 0

Fair Value of Financial Instr45

Fair Value of Financial Instruments - Schedule of Reconciliation of Debt Fair Value Using Unobservable Inputs (Details) - Level 3 $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Reconciliation of debt measured at fair value using unobservable inputs (Level 3)
Beginning balance	$ 12,800
Repayment of debt	(12,800)
Ending balance	$ 0

Fair Value of Financial Instr46

Fair Value of Financial Instruments - Schedule of Reconciliation of Note Receivable Fair Value Using Unobservable Inputs (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Reconciliation of note receivable measured at fair value using unobservable inputs (Level 3)
Beginning balance	$ 10
Ending balance	10
Level 3
Reconciliation of note receivable measured at fair value using unobservable inputs (Level 3)
Beginning balance	10
Repayments on note receivable	0
Ending balance	$ 10

Business Segments - Additional

Business Segments - Additional Information (Details)	3 Months Ended
	Mar. 31, 2017segment
Segment Reporting [Abstract]
Number of Operating Segments	1

Business Segments - Schedule of

Business Segments - Schedule of Revenue Derived From Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Total Revenue	$ 14,426	$ 16,606
Eliminations
Segment Reporting Information [Line Items]
Total Revenue	(357)	(346)
Registrar services
Segment Reporting Information [Line Items]
Total Revenue	7,259	7,038
Registry services
Segment Reporting Information [Line Items]
Total Revenue	3,176	2,639
Aftermarket and other
Segment Reporting Information [Line Items]
Total Revenue	$ 4,348	$ 7,275

Business Segments - Schedule 49

Business Segments - Schedule of Revenue by Location (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Total Revenue	$ 14,426	$ 16,606
United States
Segment Reporting Information [Line Items]
Total Revenue	10,077	12,290
International
Segment Reporting Information [Line Items]
Total Revenue	$ 4,349	$ 4,316

Earnings (Loss) Per Share - Sch

Earnings (Loss) Per Share - Schedule of Basic and Diluted Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Loss from continuing operations	$ (5,632)	$ (6,252)
Income from discontinued operations	75,383	1,145
Net income (loss)	$ 69,751	$ (5,107)
Weighted average number of shares outstanding:
Weighted average shares outstanding, basic	19,583	19,146
Weighted average shares outstanding, diluted	19,583	19,146
Basic income (loss) per share attributable to common stockholders:
Continuing operations	$ (0.29)	$ (0.33)
Discontinued operations	3.85	0.06
Basic income (loss) per share	3.56	(0.27)
Diluted income (loss) per share attributable to common stockholders:
Continuing operations	(0.29)	(0.33)
Discontinued operations	3.85	0.06
Diluted income (loss) per share	$ 3.56	$ (0.27)

Earnings (Loss) Per Share - Add

Earnings (Loss) Per Share - Additional Information (Details) - $ / shares shares in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Loss Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	108	131
Tennenbaum Credit Facility Warrants
Earnings Loss Per Share [Line Items]
Warrants exercise price	$ 15.05	$ 15.05