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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 25,313 $ 23,696
Short-term investments 1,458 1,505
Trade accounts receivable, less allowances of $1,195 as of June 30, 2012 and $1,719 as of December 31, 2011 33,096 31,133
Deferred tax asset, net 2,632 2,981
Other current assets 6,102 4,502
Total current assets 68,601 63,817
Property and equipment, net 10,319 8,834
Goodwill 320,238 259,218
Intangibles, net 50,852 38,386
Indefinite-lived intangibles 30,798 30,453
Deferred tax asset, net 5,432 9,412
Other assets 3,238 1,062
Total assets 489,478 411,182
Current liabilities:    
Accounts payable and accrued liabilities 21,927 18,719
Accrued payroll and related benefits 5,517 5,034
Short term debt 10,656 6,667
Current portion of long term debt and capital lease obligations, net of discount of $49 and $0, respectively 872 165
Deferred revenue 18,060 16,460
Current deferred rent 279 266
Other current liabilities 117 2,468
Total current liabilities 57,428 49,779
Revolving line of credit 32,840 31,750
Long term debt and capital lease obligations, less current portion, net of discount of $68 and $0, respectively 36,380 8,468
Other liabilities 4,313 3,803
Contingent liability for accrued earn-out acquisition consideration 15,066 0
Put option liability 1,114 0
Deferred revenue 130 328
Long term deferred rent 1,586 939
Total liabilities 148,857 95,067
Commitments and Contingencies      
Stockholders’ equity:    
Preferred stock, $0.10 par value, 500,000 shares authorized, no shares issued and outstanding at June 30, 2012 and December 31, 2011 0 0
Common stock, $0.10 par value, 60,000,000 shares authorized, 37,431,635 issued and 37,391,126 outstanding at June 30, 2012 and 36,418,385 issued and 36,377,876 outstanding at December 31, 2011 3,748 3,638
Additional paid-in capital 176,836 179,518
Treasury stock (40,509 shares as of June 30, 2012 and December 31, 2011) (76) (76)
Retained earnings 168,015 137,559
Accumulated other comprehensive income (7,902) (4,524)
Total stockholders’ equity 340,621 316,115
Total liabilities and stockholders’ equity $ 489,478 $ 411,182