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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
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Mar. 31, 2015
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Mar. 31, 2014
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| OPERATING ACTIVITIES: | ||
| Net income | $ 2,511us-gaap_ProfitLoss | $ 2,868us-gaap_ProfitLoss |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||
| Depreciation and amortization | 5,333us-gaap_DepreciationDepletionAndAmortization | 4,422us-gaap_DepreciationDepletionAndAmortization |
| Deferred rent and lease incentive | 168us-gaap_AmortizationOfDeferredCharges | (97)us-gaap_AmortizationOfDeferredCharges |
| Deferred income taxes | 1,888us-gaap_DeferredIncomeTaxesAndTaxCredits | |
| Stock-based compensation | 3,419us-gaap_ShareBasedCompensation | 2,568us-gaap_ShareBasedCompensation |
| Excess tax benefits from stock-based compensation | (11,468)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities | |
| Interest expense | 2,356us-gaap_AmortizationOfDebtDiscountPremium | |
| Accretion on contingent consideration | 342us-gaap_AccretionExpense | 412us-gaap_AccretionExpense |
| Fair market value adjustment on contingent consideration | (1,446)us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 | |
| Changes in operating assets and liabilities, net of acquisitions: | ||
| Fees receivable | (5,853)us-gaap_IncreaseDecreaseInAccountsReceivable | (2,128)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Prepaid expenses and other current assets | (1,375)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | (123)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Other non-current assets | (661)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets | (284)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets |
| Accrued expenses | (2,180)us-gaap_IncreaseDecreaseInAccruedLiabilities | (3,700)us-gaap_IncreaseDecreaseInAccruedLiabilities |
| Accounts payable | 188us-gaap_IncreaseDecreaseInAccountsPayable | 1,269us-gaap_IncreaseDecreaseInAccountsPayable |
| Deferred revenue | 4,088us-gaap_IncreaseDecreaseInDeferredRevenue | 1,091us-gaap_IncreaseDecreaseInDeferredRevenue |
| Other non-current liabilities | (58)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities | 21us-gaap_IncreaseDecreaseInOtherOperatingLiabilities |
| Net cash provided by (used in) operating activities | (2,748)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | 6,319us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| INVESTING ACTIVITIES: | ||
| Purchase of property and equipment | (2,058)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (2,002)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Capitalization of internally developed software | (1,132)us-gaap_PaymentsToDevelopSoftware | (860)us-gaap_PaymentsToDevelopSoftware |
| Acquisition of business, net of cash acquired | (2,641)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired | |
| Net cash used in investing activities | (5,831)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (2,862)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| FINANCING ACTIVITIES: | ||
| Proceeds from exercise of stock options | 3,710us-gaap_ProceedsFromStockOptionsExercised | 839us-gaap_ProceedsFromStockOptionsExercised |
| Purchase of treasury stock for stock-based minimum tax withholdings | (6,441)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation | (1,609)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation |
| Excess tax benefits from stock-based compensation expense | 11,468us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities | |
| Issuance of restricted stock | 2us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans | |
| Net cash provided by (used in) financing activities | 8,739us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | (770)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| INCREASE IN CASH AND CASH EQUIVALENTS | 160us-gaap_NetCashProvidedByUsedInContinuingOperations | 2,687us-gaap_NetCashProvidedByUsedInContinuingOperations |
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 209,754us-gaap_CashAndCashEquivalentsAtCarryingValue | 49,942us-gaap_CashAndCashEquivalentsAtCarryingValue |
| CASH AND CASH EQUIVALENTS, END OF PERIOD | 209,914us-gaap_CashAndCashEquivalentsAtCarryingValue | 52,629us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Supplemental disclosure of cash flow information- cash paid during the period for income taxes, net of refunds | 475us-gaap_IncomeTaxesPaidNet | 114us-gaap_IncomeTaxesPaidNet |
| Supplemental disclosure of cash flow information- cash paid during the period for interest | 65us-gaap_InterestPaid | |
| Supplemental disclosure of non-cash operating, investing and financing activities: | ||
| Settlement of contingent consideration liability upon issuance of ERS, LLC membership interest | 284env_SettlementOfContingentConsiderationLiabilityThroughNoncashPaymentsAmount | |
| Acquired purchase option | $ 400env_AcquiredPurchaseOption | |
| X | ||||||||||
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- Definition
Amount of acquired purchase option No definition available.
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| X | ||||||||||
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- Definition
Amount of contingent consideration liability settled through noncash transactions. No definition available.
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| X | ||||||||||
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- Definition
Amount recognized for the passage of time, typically for liabilities, that have been discounted to their net present values. Excludes accretion associated with asset retirement obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of amortization of deferred charges applied against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in the value of a contingent consideration liability, including, but not limited to, differences arising upon settlement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of deferred income tax expense (benefit) and income tax credits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of cash outflow for realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other noncurrent operating assets not separately disclosed in the statement of cash flows. No definition available.
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current liabilities, other noncurrent liabilities, or a combination of other current and noncurrent liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) in cash associated with the entity's continuing operating, investing, and financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. No definition available.
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow associated with the development or modification of software programs or applications for internal use (that is, not to be sold, leased or otherwise marketed to others) that qualify for capitalization. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow associated with the amount received from holders to acquire the entity's shares under incentive and share awards other than stock option exercises. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. No definition available.
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| X | ||||||||||
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- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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