Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

 v2.3.0.11
Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 111,985 $ 118,010
Restricted cash 15,909 15,346
Accounts receivable, less allowance for doubtful accounts of $1044 and $1,370 at June 30, 2011 and December 31, 2010, respectively 33,612 29,577
Deferred tax asset, net of valuation allowance 1,539 1,529
Other current assets 8,207 6,060
Total current assets 171,252 170,522
Property, equipment, and software, net 23,607 24,515
Goodwill 87,163 73,885
Identified intangible assets, net 58,402 54,361
Deferred tax asset, net of valuation allowance 18,079 17,322
Other assets 2,673 2,187
Total assets 361,176 342,792
Current liabilities:    
Accounts payable 7,381 4,787
Accrued expenses and other current liabilities 22,699 15,436
Current portion of deferred revenue 51,541 47,717
Current portion of long-term debt 10,781 10,781
Customer deposits held in restricted accounts 15,833 15,253
Total current liabilities 108,235 93,974
Deferred revenue 8,778 7,947
Long-term debt, less current portion 49,867 55,258
Other long-term liabilities 5,258 13,029
Total liabilities 172,138 170,208
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 June 30, 2011 and December 31, 2010, respectively 0 0
Common stock, $0.001 par value: 125,000,000 shares authorized, 71,099,555 and 68,703,366 shares issued and 70,854,620 and 68,490,277 shares outstanding at June 30, 2011 and December 31, 2010, respectively 71 69
Additional paid-in capital 280,530 263,219
Treasury stock, at cost: 244,935 and 213,089 shares at June 30, 2011 and December 31, 2010, respectively (1,431) (958)
Accumulated deficit (90,096) (89,730)
Accumulated other comprehensive loss (36) (16)
Total stockholders' equity 189,038 172,584
Total liabilities and stockholders' equity $ 361,176 $ 342,792