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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
3 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net loss$ (11,736)$ (15,468)
Adjustments to reconcile net loss to net cash provided by operating activities:  
Depreciation and amortization1,4121,361
Net foreign currency loss (gain)1,275(2,179)
Stock-based compensation3,7082,697
Deferred income taxes(5,354)46
Provision for bad debts150717
Other non-cash activities130
Accounts receivable5,5945,241
Unbilled services611(287)
Prepaid expenses, prepaid income taxes, and other assets1,1874,791
Installments and collateralized receivables8,32911,901
Accounts payable, accrued expenses, and other liabilities(6,898)(16,438)
Deferred revenue6,98214,006
Net cash provided by operating activities5,2736,388
Cash flows from investing activities:  
Purchase of property, equipment and leasehold improvements(386)(588)
Capitalized computer software development costs(200)(176)
Net cash used in investing activities(586)(764)
Cash flows from financing activities:  
Exercise of stock options and warrants2,232137
Proceeds from secured borrowings1,4081,924
Repayments of secured borrowings(2,232)(9,341)
Repurchases of common stock(9,172)0
Payment of tax withholding obligations related to restricted stock(1,187)(796)
Net cash used in financing activities(8,951)(8,076)
Effects of exchange rate changes on cash and cash equivalents(365)668
Decrease in cash and cash equivalents(4,629)(1,784)
Cash and cash equivalents, beginning of period149,985124,945
Cash and cash equivalents, end of period145,356123,161
Supplemental disclosure of cash flow information:  
Interest paid1,0921,581
Income tax paid (refunded), net$ 631$ (6,496)