Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 49,942 $ 29,983
Fees receivable, net 19,848 9,188
Deferred tax assets, net 2,462 2,089
Prepaid expenses and other current assets 7,155 2,501
Total current assets 79,407 43,761
Property and equipment, net 12,766 11,791
Internally developed software, net 5,740 4,324
Intangible assets, net 35,698 27,150
Goodwill 74,335 65,644
Deferred tax assets, net 8,367 6,194
Other non-current assets 4,929 3,535
Total assets 221,242 162,399
Current liabilities:    
Accrued expenses 35,242 20,594
Accounts payable 5,528 2,614
Contingent consideration liability 6,008  
Deferred revenue 6,245 5,768
Total current liabilities 53,023 28,976
Contingent consideration liability 11,297  
Deferred revenue liability 1,148  
Deferred rent liability 2,051 2,195
Lease incentive liability 3,547 3,886
Other non-current liabilities 2,404 1,346
Total liabilities 73,470 36,403
Commitments and contingencies      
Stockholders' equity    
Preferred stock, par value $0.005, 50,000,000 shares authorized      
Common stock, par value $0.005, 500,000,000 shares authorized; 45,628,814 and 44,071,564 shares issued as of December 31, 2013 and 2012, respectively; 33,876,020 and 32,355,675 shares outstanding as of December 31, 2013 and 2012, respectively 228 220
Additional paid-in capital 192,341 173,611
Accumulated deficit (33,617) (37,277)
Treasury stock at cost, 11,752,794 and 11,715,889 shares as of December 31, 2013 and 2012, respectively (11,180) (10,558)
Total stockholders' equity 147,772 125,996
Total liabilities and stockholders' equity $ 221,242 $ 162,399