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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 116,121 $ 89,371
Accounts receivable, net of allowance of $273 and $354, respectively 27,064 34,860
Deferred tax assets - current portion 4,046 5,920
Prepaid expenses and other current assets 3,169 3,632
Total current assets 150,400 133,783
Property and equipment, net 8,679 7,064
Deferred tax assets - non-current portion 7,590 8,599
Other non-current assets 1,292 1,718
Total assets 167,961 151,164
Current liabilities:    
Accounts payable 992 1,129
Accrued compensation and related benefits 5,181 7,707
Accrued and other current liabilities 1,564 1,593
Deferred revenues 2,637 2,096
Billings in excess of recognized revenues   343
Total current liabilities 10,374 12,868
Non-current liabilities 3,274 3,584
Total liabilities 13,648 16,452
Commitments and contingencies (Note 10)      
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 36,050 and 35,285, respectively; shares outstanding 30,963 and 30,437, respectively 5 5
Additional paid-in-capital 245,807 233,813
Treasury stock at cost, 5,087 and 4,848 shares, respectively (33,326) (28,905)
Accumulated deficit (57,937) (70,649)
Accumulated other comprehensive income (236) 448
Total stockholders’ equity 154,313 134,712
Total liabilities and stockholders’ equity $ 167,961 $ 151,164