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
Current assets:    
Cash and cash equivalents $ 47,491 $ 118,010
Restricted cash 20,334 15,346
Accounts receivable, less allowance for doubtful accounts of $1,003 and $1,370 at September 30, 2011 and December 31, 2010, respectively 36,739 29,577
Deferred tax asset, net of valuation allowance 601 1,529
Other current assets 12,111 6,060
Total current assets 117,276 170,522
Property, equipment, and software, net 26,552 24,515
Goodwill 128,632 73,885
Identified intangible assets, net 115,141 54,361
Deferred tax asset, net of valuation allowance 2,760 17,322
Other assets 2,855 2,187
Total assets 393,216 342,792
Current liabilities:    
Accounts payable 8,259 4,787
Accrued expenses and other current liabilities 27,401 15,436
Current portion of deferred revenue 51,204 47,717
Current portion of long-term debt 10,768 10,781
Customer deposits held in restricted accounts 20,278 15,253
Total current liabilities 117,910 93,974
Deferred revenue 8,910 7,947
Long-term debt, less current portion 47,173 55,258
Other long-term liabilities 5,926 13,029
Total liabilities 179,919 170,208
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 September 30, 2011 and December 31, 2010, respectively    
Common stock, $0.001 par value: 125,000,000 shares authorized, 72,027,632 and 68,703,366 shares issued and 71,766,288 and 68,490,277 shares outstanding at September 30, 2011 and December 31, 2010, respectively 72 69
Additional paid-in capital 306,220 263,219
Treasury stock, at cost: 261,344 and 213,089 shares at September 30, 2011 and December 31, 2010, respectively (1,741) (958)
Accumulated deficit (91,202) (89,730)
Accumulated other comprehensive loss (52) (16)
Total stockholders' equity 213,297 172,584
Total liabilities and stockholders' equity $ 393,216 $ 342,792