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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 41,712 $ 38,154
Accounts receivable, net of allowance of $254 in both 2011 and 2010 22,176 23,442
Prepaid expenses and other current assets 3,869 3,246
Total current assets 67,757 64,842
Non-current investments 718 718
Property and equipment, net 820 797
Intangible assets, net 954 1,369
Other non-current assets 685 727
Total assets 70,934 68,453
Current liabilities:    
Accounts payable 1,155 1,080
Accrued compensation and related benefits 4,749 3,964
Accrued and other current liabilities 3,066 2,636
Deferred revenues 2,824 3,021
Billings in excess of recognized revenues 2,010 1,802
Current portion of debt obligations 59 108
Total current liabilities 13,863 12,611
Long-term income taxes payable 3,397 3,668
Other non-current liabilities 980 1,259
Total liabilities 18,240 17,538
Stockholders’ equity:    
Common stock, $0.00015 par value, 70,000 shares authorized: shares issued 31,904 and 31,276, respectively; shares outstanding 28,008 and 27,603, respectively 4 4
Additional paid-in-capital 204,309 200,866
Treasury stock at cost, 3,896 and 3,673 shares, respectively (20,667) (19,298)
Accumulated deficit (131,242) (130,586)
Accumulated other comprehensive income (loss) 290 (71)
Total stockholders’ equity 52,694 50,915
Total liabilities and stockholders’ equity $ 70,934 $ 68,453