Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 34,319 $ 33,804
Restricted cash 28,394 35,202
Accounts receivable, less allowance for doubtful accounts of $1,097 and $1,087 at June 30, 2013 and December 31, 2012, respectively 58,929 51,937
Deferred tax asset, net      
Other current assets 8,357 6,541
Total current assets 129,999 127,484
Property, equipment, and software, net 42,603 32,487
Goodwill 139,666 134,025
Identified intangible assets, net 105,942 104,640
Deferred tax asset, net      
Other assets 3,602 3,561
Total assets 421,812 402,197
Current liabilities:    
Accounts payable 12,764 9,805
Accrued expenses and other current liabilities 22,323 19,246
Current portion of deferred revenue 61,190 60,633
Deferred tax liability, net 1,275 2
Customer deposits held in restricted accounts 28,363 35,171
Total current liabilities 125,915 124,857
Deferred revenue 10,003 9,446
Deferred tax liability, net 2,562 10
Revolving credit facility   10,000
Other long-term liabilities 5,541 2,813
Total liabilities 144,021 147,126
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, 2013 and December 31, 2012, respectively      
Common stock, $0.001 par value: 125,000,000 shares authorized, 78,593,372 and 77,012,925 shares issued and 77,072,529 and 75,826,615 shares outstanding at June 30, 2013 and December 31, 2012, respectively 79 77
Additional paid-in capital 366,406 347,203
Treasury stock, at cost: 1,520,843 and 1,186,310 shares at June 30, 2013 and December 31, 2012, respectively (8,388) (6,323)
Accumulated deficit (80,150) (85,778)
Accumulated other comprehensive loss (156) (108)
Total stockholders' equity 277,791 255,071
Total liabilities and stockholders' equity $ 421,812 $ 402,197