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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 50,176 $ 46,041
Short-term investments 784  
Accounts receivable, net of allowance of $291 and $254, respectively 26,976 20,863
Prepaid expenses and other current assets 2,800 3,717
Total current assets 80,736 70,621
Non-current investments   784
Property and equipment, net 2,420 777
Intangible assets, net 177 539
Other non-current assets 1,414 1,663
Total assets 84,747 74,384
Current liabilities:    
Accounts payable 1,546 974
Accrued compensation and related benefits 7,107 5,026
Accrued and other current liabilities 2,587 2,335
Deferred revenues 2,646 2,961
Billings in excess of recognized revenues 901 2,089
Total current liabilities 14,787 13,385
Long-term income taxes payable 3,111 3,489
Other non-current liabilities 315 667
Total liabilities 18,213 17,541
Commitments and contingencies (Note 14)      
Stockholders’ equity:    
Preferred stock, $0.00015 par value, 5,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.00015 par value, 70,000 shares authorized: shares issued 33,012 and 32,635, respectively; shares outstanding 28,434 and 28,304, respectively 4 4
Additional paid-in-capital 212,412 208,826
Treasury stock at cost, 4,578 and 4,331 shares, respectively (25,062) (22,899)
Accumulated deficit (120,470) (128,789)
Accumulated other comprehensive income (loss) (350) (299)
Total stockholders’ equity 66,534 56,843
Total liabilities and stockholders’ equity $ 84,747 $ 74,384