Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.3.0.15
Condensed Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 83,553 $ 67,668
Fees receivable 8,591 9,135
Deferred tax assets, net   107
Prepaid expenses and other current assets 2,898 2,026
Total current assets 95,042 78,936
Property and equipment, net 11,125 9,713
Internally developed software, net 3,565 3,621
Intangible assets, net 690 1,330
Goodwill 2,031 2,031
Deferred tax assets, net 11,015 13,649
Customer inducements 26,606 30,400
Other non-current assets 3,238 2,188
Total assets 153,312 141,868
Liabilities and Stockholders' Equity    
Accrued expenses 13,300 12,859
Accounts payable 2,013 1,707
Customer inducements payable 1,000 1,000
Deferred tax liabilities, net 53  
Note payable 168 159
Deferred revenue 113 232
Total current liabilities 16,647 15,957
Deferred rent liability 1,350 1,244
Lease incentive liability 3,022 2,771
Customer inducements payable 18,415 18,806
Note payable   159
Other non-current liabilities 816 612
Total liabilities 40,250 39,549
Commitments and contingencies    
Stockholders' equity    
Preferred stock    
Common stock, par value $0.005, 500,000,000 shares authorized as of September 30, 2011 and December 31, 2010; 43,505,683 and 43,068,371 shares issued as of September 30, 2011 and December 31, 2010, respectively; 31,800,510 and 31,368,822 shares outstanding as of September 30, 2011 and December 31, 2010, respectively 218 215
Additional paid-in capital 162,836 157,778
Accumulated deficit (39,571) (45,347)
Treasury stock at cost, 11,705,173 and 11,699,549 shares as of September 30, 2011 and December 31, 2010, respectively (10,421) (10,327)
Total stockholders' equity 113,062 102,319
Total liabilities and stockholders' equity $ 153,312 $ 141,868