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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 7,689 $ 8,503
Contract receivables, net 30,784 32,824
Investments held in Rabbi Trust 259 4,517
Prepaid expenses and other current assets 1,935 1,357
Deferred income taxes 0 2,415
Total current assets 40,667 49,616
Property and equipment, net 1,288 1,698
Goodwill 113,589 113,589
Intangible assets, net 33,735 38,988
Other assets 423 432
Total assets 189,702 204,323
Current Liabilities    
Long-term debt, current portion 4,088 2,555
Accounts payable and accrued expenses 10,803 9,605
Accrued payroll and related liabilities 7,236 8,441
Income taxes payable 0 561
Billings in excess of revenue recognized 185 304
Deferred compensation plan 259 4,517
Deferred rent 203 81
Total current liabilities 22,774 26,064
Long-term debt, net of current portion and discount 70,442 72,447
Deferred income taxes 7,083 12,630
Deferred rent 788 837
Total liabilities 101,087 111,978
Commitments and Contingencies
Stockholders’ Equity    
Preferred stock; $0.0001 par value; 10,000,000 shares authorized; none issued and outstanding 0 0
Common stock; $0.0001 par value; 100,000,000 shares authorized; 16,163,071 and 16,107,071 shares issued and outstanding as of 09/30/2016 and 12/31/2015 respectively 2 2
Additional paid-in capital 101,065 100,547
(Accumulated deficit) (12,452) (8,204)
Total stockholders’ equity 88,615 92,345
Total liabilities and stockholder's equity $ 189,702 $ 204,323