Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 39,679 $ 29,983
Fees receivable 12,800 9,188
Deferred tax assets, net 2,833 2,089
Prepaid expenses and other current assets 4,220 2,501
Total current assets 59,532 43,761
Property and equipment, net 11,211 11,791
Internally developed software, net 4,998 4,324
Intangible assets, net 23,998 27,150
Goodwill 65,644 65,644
Deferred tax assets, net 6,544 6,194
Other non-current assets 4,103 3,535
Total assets 176,030 162,399
Current liabilities:    
Accrued expenses 23,691 20,201
Accounts payable 4,103 2,614
Deferred revenue 5,848 5,768
Total current liabilities 33,642 28,583
Deferred rent liability 2,414 2,195
Lease incentive liability 3,619 3,886
Other non-current liabilities 1,748 1,739
Total liabilities 41,423 36,403
Commitments and contingencies      
Stockholders' equity    
Preferred stock      
Common stock, par value $0.005, 500,000,000 shares authorized; 45,147,083 and 44,071,564 shares issued as of June 30, 2013 and December 31, 2012, respectively; 33,395,377 and 32,355,675 shares outstanding as of June 30, 2013 and December 31, 2012, respectively 226 220
Additional paid-in capital 181,143 173,611
Accumulated deficit (35,618) (37,277)
Treasury stock at cost, 11,751,706 and 11,715,889 shares as of June 30, 2013 and December 31, 2012, respectively (11,144) (10,558)
Total stockholders' equity 134,607 125,996
Total liabilities and stockholders' equity $ 176,030 $ 162,399