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Consolidated Statements of Cash Flows (In thousands) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities  
Net income$ 6,847$ 11,755
Adjustments to reconcile net income to net cash provided by operating activities  
Depreciation and amortization727275
Share-based compensation expenses237177
Changes in fair value of warrants (1,861)
Share of (earnings) losses in equity investment affiliates180 
Gain on deconsolidation of subsidiary(232) 
Gain on disposal of property and equipment(3) 
Deferred taxes(65) 
Changes in operating assets and liabilities  
Accounts receivable(1,591)(1,195)
Other receivables3,7682,095
Prepayment and deposit to suppliers(19)(24)
Due from related parties(195)283
Other current assets(113)(141)
Accounts payable(72)77
Advances from customers(1,320)76
Other payables238(5)
Accrued payroll and other accruals(67)104
Due to Control Group(82)(738)
Due to director(559)389
Due to related parties(138)(24)
Taxes payable902(8)
Net cash provided by operating activities8,44311,235
Cash flows from investing activities  
Purchases of property and equipment(245)(389)
Purchase of intangible assets(1,438)(59)
Cash from acquisition of VIEs24 
Cash effect on deconsolidation of a subsidiary(184) 
Payment for acquisition of VIEs(2,183) 
Long-term investment in equity investment affiliate(166) 
Disposal of investment in equity investment affiliate1,076 
Net cash used in investing activities(3,116)(448)
Cash flows from financing activities  
Cash investment contributed by noncontrolling interest377144
Dividend paid to Series A convertible preferred stockholders(374)(605)
Increase of short-term loan to third parties (2,257)
Net cash provided by (used in) financing activities3(2,718)
Effect of foreign currency fluctuation on cash and cash equivalents360255
Net increase in cash and cash equivalents5,6908,324
Cash and cash equivalents at beginning of the period15,59013,917
Cash and cash equivalents at end of the period21,28022,241
Supplemental disclosure of cash flow information  
Income taxes paid1581,242
Income taxes refunded 921
Warrant liability reclassify to additional paid in capital 7,703
Restricted stock and options granted for future service$ 63$ 159