Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 29,983 $ 64,909
Fees receivable 9,188 9,644
Deferred tax assets, net 2,089 2,605
Prepaid expenses and other current assets 2,501 4,929
Total current assets 43,761 82,087
Property and equipment, net 11,791 11,091
Internally developed software, net 4,324 3,524
Intangible assets, net 27,150 12,225
Goodwill 65,644 21,334
Deferred tax assets, net 6,194 4,279
Other non-current assets 3,535 3,162
Total assets 162,399 137,702
Current liabilities:    
Accrued expenses 20,201 14,919
Accounts payable 2,614 1,974
Note payable   171
Deferred revenue 5,768 79
Total current liabilities 28,583 17,143
Deferred rent liability 2,195 1,414
Lease incentive liability 3,886 2,933
Other non-current liabilities 1,739 573
Total liabilities 36,403 22,063
Commitments and contingencies      
Stockholders' equity    
Preferred stock      
Common stock, par value $0.005, 500,000,000 shares authorized as of December 31, 2012 and 2011; 44,071,564 and 43,515,899 shares issued as of December 31, 2012 and 2011, respectively; 32,355,675 and 31,810,726 shares outstanding as of December 31, 2012 and 2011, respectively 220 218
Additional paid-in capital 173,611 163,584
Accumulated deficit (37,277) (37,742)
Treasury stock at cost, 11,715,889 and 11,705,173 shares as of December 31, 2012 and 2011, respectively (10,558) (10,421)
Total stockholders' equity 125,996 115,639
Total liabilities and stockholders' equity $ 162,399 $ 137,702