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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 10,857 $ 11,471
Accounts receivable, net of allowance for doubtful accounts of $15 (2016) and $115 (2015) 7,972 8,163
Prepaid expenses and other current assets 3,864 7,524
Inventory, net 250 2,253
Income tax receivable 3,314 7,730
Deferred subscription solicitation and commission costs 5,050 6,961
Assets held for sale 104  
Total current assets 31,411 44,102
PROPERTY AND EQUIPMENT, net 10,611 13,438
GOODWILL 9,763 9,763
INTANGIBLE ASSETS, net 210 1,693
OTHER ASSETS 862 1,034
TOTAL ASSETS 52,857 70,030
CURRENT LIABILITIES:    
Accounts payable 2,536 3,207
Accrued expenses and other current liabilities 11,068 15,845
Accrued payroll and employee benefits 4,256 7,091
Commissions payable 316 375
Current portion of long-term debt, net 2,146  
Capital leases, current portion 471 631
Deferred revenue 8,295 2,380
Liabilities held for sale 104  
Total current liabilities 29,192 29,529
LONG-TERM DEBT, net 10,092  
OBLIGATIONS UNDER CAPITAL LEASES, less current portion 865 1,147
OTHER LONG-TERM LIABILITIES 3,436 3,971
DEFERRED TAX LIABILITY, net 1,905 1,905
TOTAL LIABILITIES 45,490 36,552
COMMITMENTS AND CONTINGENCIES (see Notes 18 and 19)
STOCKHOLDERS’ EQUITY:    
Common stock at $0.01 par value, shares authorized 50,000; shares issued 27,303 (2016) and 26,730 (2015); shares outstanding 23,733 (2016) and 23,236 (2015) 273 267
Additional paid-in capital 142,247 137,705
Treasury stock, shares at cost; 3,570 (2016) and 3,494 (2015) (33,822) (33,632)
Accumulated deficit (101,331) (70,862)
TOTAL STOCKHOLDERS’ EQUITY 7,367 33,478
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 52,857 $ 70,030