Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:    
Net (loss) income $ (1,472) $ 253
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 21,458 14,856
Deferred tax benefit (1,430) (162)
Stock-based compensation 16,230 3,745
Loss on sale of assets 398 57
Acquisition-related contingent consideration 102 39
Changes in assets and liabilities, net of assets acquired and liabilities assumed in business combinations:    
Accounts receivable (3,900) 1,840
Customer deposits 37 (325)
Other current assets (2,778) (3,870)
Other assets (587) (72)
Accounts payable 1,473 1,621
Accrued compensation, taxes and benefits (1,161) (427)
Deferred revenue 1,906 (3,041)
Other current and long-term liabilities (577) 227
Net cash provided by operating activities 29,699 14,741
Cash flows from investing activities:    
Purchases of property, equipment and software (10,782) (7,427)
Acquisition of businesses, net of cash acquired (87,817) (17,231)
Net cash used in investing activities (98,599) (24,658)
Cash flows from financing activities:    
(Costs) proceeds from public offerings (775) 57,688
Proceeds from notes payable   10,000
Payments on notes payable (8,086) (23,562)
Proceeds from revolving credit facility, net   2,040
Payments on capital lease obligations (438) (1,241)
Preferred stock dividend   (666)
Issuance of common stock 8,499 664
Purchase of treasury stock (783) (20)
Net cash (used in) provided by financing activities (1,583) 44,903
Net (decrease) increase in cash and cash equivalents (70,483) 34,986
Effect of exchange rate on cash (36) (19)
Cash and cash equivalents:    
Beginning of period 118,010 4,427
End of period 47,491 39,394
Supplemental cash flow information:    
Cash paid for interest 1,957 4,288
Cash paid for income taxes, net of refunds 797 227
Non-cash financing activities:    
Accrued dividends and accretion of preferred stock   3,030
Conversion of preferred stock to common shares   73,732
Accrued property and equipment $ 254 $ 1,154