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Consolidated Balance Sheets (USD $)
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 4,114,000 $ 6,207,000
Short-term investments 18,279,000 20,454,000
Accounts receivable, net of allowance for doubtful accounts of $145,000 at June 30, 2011 and $124,000 at December 31, 2010 14,259,000 12,037,000
Deferred income tax, net 343,000 482,000
Prepaid expenses and other current assets 1,320,000 688,000
Total current assets 38,315,000 39,868,000
Property and equipment:    
Computer equipment 4,727,000 4,113,000
Software 4,631,000 4,263,000
Furniture and fixtures 670,000 652,000
Total property and equipment 10,028,000 9,028,000
Accumulated depreciation and amortization (6,892,000) (6,052,000)
Property and equipment, net 3,136,000 2,976,000
Capitalized software development costs, net 5,087,000 3,188,000
Goodwill and Intangible assets:    
Goodwill 38,087,000 28,246,000
Other intangible assets 11,859,000 8,789,000
Total intangible assets 49,946,000 37,035,000
Accumulated amortization (2,265,000) (1,734,000)
Intangible assets, net 47,681,000 35,301,000
Deferred income tax, net- noncurrent 2,190,000 470,000
Other assets 371,000 414,000
ASSETS 96,780,000 82,217,000
Current liabilities:    
Accounts payable 2,008,000 1,653,000
Accrued compensation and benefits 3,955,000 3,666,000
Promissory notes payable 0 67,000
Income tax payable 847,000 1,193,000
Other accrued liabilities 2,556,000 2,180,000
Total current liabilities 9,366,000 8,759,000
Long term liabilities:    
Income tax contingent liability 7,982,000 2,606,000
Other liabilities 585,000 689,000
Total long term liabilities 8,567,000 3,295,000
Stockholders’ equity:    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 78,847,000 70,163,000
Preferred stock, $0.01 par value; 2,000,000 shares authorized and no shares outstanding at June 30, 2011 and December 31, 2010 0 0
Common stock, $0.05 par value; 30,000,000 shares authorized at June 30, 2011 and December 31, 2010; 10,671,000 and 10,566,000 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 533,000 528,000
Additional paid-in capital 64,662,000 63,368,000
Retained earnings 13,652,000 6,267,000
Stockholders’ equity: 78,847,000 70,163,000
Total liabilities and stockholders’ equity $ 96,780,000 $ 82,217,000