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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 42,667 $ 25,144
Restricted cash   371
Accounts receivable 2,562 2,794
Prepaid expenses 3,212 1,952
Inventory 326 195
Income tax receivable   935
Deferred tax assets, net 373 1,445
Current assets before funds held for clients 49,140 32,836
Funds held for clients 542,807 660,557
Total current assets 591,947 693,393
Property and equipment, net 50,115 47,919
Deposits and other assets 941 645
Goodwill 51,889 51,889
Intangible assets, net 4,290 5,096
Total assets 699,182 798,942
Current liabilities:    
Accounts payable 2,968 3,042
Income tax payable 1,931  
Accrued commissions and bonuses 2,539 5,080
Accrued payroll and vacation 4,964 1,582
Deferred revenue 2,958 2,535
Current portion of long-term debt 861 855
Accrued expenses and other current liabilities 6,467 5,121
Current liabilities before client funds obligation 22,688 18,215
Client funds obligation 542,807 660,557
Total current liabilities 565,495 678,772
Deferred tax liabilities, net 1,805 3,107
Long-term deferred revenue 20,077 16,802
Long-term debt, less current portion 25,435 26,123
Total long-term liabilities $ 47,317 $ 46,032
Commitments and contingencies    
Stockholders' equity:    
Common stock, $0.01 par value (100,000,000 shares authorized, 57,050,684 and 53,832,782 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively) $ 571 $ 538
Additional paid in capital 68,195 67,937
Retained earnings 17,604 5,663
Total stockholders' equity 86,370 74,138
Total liabilities and stockholders' equity $ 699,182 $ 798,942