XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 112,736 $ 88,796
Accounts receivable, net of allowance of $1,786 and $2,250, respectively 54,235 59,472
Unbilled revenues 41,961 24,475
Prepaid and other current assets 10,157 6,436
Deferred tax assets, current 4,016 4,384
Total current assets 223,105 183,563
Property and equipment, net 37,200 35,482
Restricted cash 2,404 2,582
Intangible assets, net 1,111 1,251
Goodwill 8,459 8,169
Deferred tax assets, long-term 1,791 1,875
Other long-term assets 540 2,691
Total assets 274,610 235,613
Current liabilities    
Accounts payable 4,060 2,714
Accrued expenses 13,301 24,782
Deferred revenue 5,479 6,949
Due to employees 14,035 8,234
Taxes payable 9,029 8,712
Deferred tax liabilities, current 1,205 1,736
Total current liabilities 47,109 53,127
Taxes payable, long-term 1,211 1,204
Deferred tax liabilities, long-term 283 283
Total liabilities 48,603 54,614
Commitments and contingencies (See Note 8)      
Stockholders' equity    
Common stock, $.001 par value; 160,000,000 authorized; 44,016,335 and 18,914,616 shares issued, 42,260,623 and 17,158,904 shares outstanding at March 31, 2012 and December 31, 2011, respectively 42 17
Preferred stock, $.001 par value; 0 and 290,277 authorized Series A-3 convertible preferred stock issued and outstanding at March 31, 2012 and December 31, 2011, respectively      
Additional paid-in capital 157,232 40,020
Retained earnings 86,607 74,508
Treasury stock (15,972) (15,972)
Accumulated other comprehensive loss (1,902) (3,514)
Total stockholders' equity 226,007 95,059
Total liabilities and stockholders' equity 274,610 235,613
Convertible Redeemable Preferred Stock
   
Current liabilities    
Preferred stock, $.001 par value; 0 and 5,000,000 authorized at March 31, 2012 and December 31, 2011; 0 and 2,054,935 Series A-1 convertible redeemable preferred stock issued and outstanding at March 31, 2012 and December 31, 2011; $.001 par value 0 and 945,114 authorized at March 31, 2012 and December 31, 2011, 0 and 384,804 Series A-2 convertible redeemable preferred stock issued and outstanding at March 31, 2012 and December 31, 2011   $ 85,940