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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 9,505 $ 10,857
Accounts receivable, net of allowance for doubtful accounts of $11 (2017) and $15 (2016) 7,159 7,972
Prepaid expenses and other current assets 4,122 3,864
Inventory 0 250
Income tax receivable 2,553 3,314
Deferred subscription solicitation and commission costs 4,313 5,050
Assets held for sale 0 104
Total current assets 27,652 31,411
PROPERTY AND EQUIPMENT, net 10,519 10,611
GOODWILL 9,763 9,763
INTANGIBLE ASSETS, net 117 210
OTHER ASSETS 1,128 862
TOTAL ASSETS 49,179 52,857
CURRENT LIABILITIES:    
Accounts payable 1,536 2,536
Accrued expenses and other current liabilities 11,357 11,068
Accrued payroll and employee benefits 5,236 4,256
Commissions payable 377 316
Current portion of long-term debt, net 0 2,146
Capital leases, current portion 448 471
Deferred revenue 6,973 8,295
Liabilities held for sale 0 104
Total current liabilities 25,927 29,192
LONG-TERM DEBT, net 19,129 10,092
OBLIGATIONS UNDER CAPITAL LEASES, less current portion 633 865
OTHER LONG-TERM LIABILITIES 3,218 3,436
DEFERRED TAX LIABILITY, net 1,905 1,905
TOTAL LIABILITIES 50,812 45,490
COMMITMENTS AND CONTINGENCIES (see Notes 14 and 16)
STOCKHOLDERS’ EQUITY:    
Common stock at $0.01 par value, shares authorized 50,000; shares issued 27,920 (2017) and 27,303 (2016); shares outstanding 23,897 (2017) and 23,733 (2016) 279 273
Additional paid-in capital 143,729 142,247
Warrants 2,140 0
Treasury stock, shares at cost; 4,022 (2017) and 3,570 (2016) (35,466) (33,822)
Accumulated deficit (112,315) (101,331)
TOTAL STOCKHOLDERS’ EQUITY (1,633) 7,367
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 49,179 $ 52,857