Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 36,220 $ 51,273
Restricted cash 22,443 19,098
Accounts receivable, less allowance for doubtful accounts of $1,015 and $979 at September 30, 2012 and December 31, 2011, respectively 45,351 43,883
Deferred tax asset, net of valuation allowance 276 272
Other current assets 7,101 10,232
Total current assets 111,391 124,758
Property, equipment and software, net 36,163 27,974
Goodwill 134,818 129,292
Identified intangible assets, net 106,212 112,308
Deferred tax asset, net of valuation allowance 2,342 2,539
Other assets 3,887 3,194
Total assets 394,813 400,065
Current liabilities:    
Accounts payable 10,448 12,218
Accrued expenses and other current liabilities 20,515 25,816
Current portion of deferred revenue 56,372 57,325
Customer deposits held in restricted accounts 22,317 19,017
Total current liabilities 109,652 114,376
Deferred revenue 9,947 8,693
Long-term debt, less current portion 25,000 50,312
Other long-term liabilities 3,143 3,803
Total liabilities 147,742 177,184
Commitments and contingencies (Note 8)      
Stockholders' equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized and zero shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively      
Common stock, $0.001 par value: 125,000,000 shares authorized,76,262,909 and 73,115,779 shares issued and 75,361930 and 72,701,571 shares outstanding at September 30, 2012 and December 31, 2011, respectively 76 73
Additional paid-in capital 342,078 316,964
Treasury stock, at cost: 900979 and 414,208 shares at September 30, 2012 and December 31, 2011, respectively (5,526) (3,138)
Accumulated deficit (89,500) (90,961)
Accumulated other comprehensive loss (57) (57)
Total stockholders' equity 247,071 222,881
Total liabilities and stockholders' equity $ 394,813 $ 400,065