XML 29 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating Activities:  
Net income (loss)$ 2,706$ (2,506)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:  
Depreciation and amortization5,0315,160
Provision for bad debt28674
Amortization of investment premiums6481,214
Stock-based compensation expense5,6549,166
Deferred tax benefit(891)(1,805)
Excess tax benefit - stock options(708)(211)
Changes in operating assets and liabilities, net of businesses acquired:  
Accounts receivable(2,491)(6,266)
Prepaid expenses and other current assets(977)506
Other assets(82)8
Accounts payable(133)(120)
Income taxes payable4781,260
Accrued expenses and other current liabilities1,580(472)
Accrued compensation expenses(973)539
Deferred revenue1,085111
Other liabilities(641)1,936
Net cash provided by operating activities10,5728,594
Investing activities:  
Purchases of property and equipment, and other assets(3,596)(4,041)
Purchases of investments(31,436)(38,256)
Proceeds from sales and maturities of investments17,37037,545
Acquisition of businesses(2,049)(1,790)
Net cash used in investing activities(19,711)(6,542)
Financing activities:  
Excess tax benefit--stock options708211
Proceeds from exercise of stock options1,148663
Net cash provided by financing activities1,856874
Net (decrease) increase in cash and cash equivalents(7,283)2,926
Cash and cash equivalents at beginning of period32,58420,884
Cash and cash equivalents at end of period25,30123,810
Supplemental disclosure of cash flow information:  
Cash paid for interest00
Cash paid for taxes$ 3,601$ 1,341