Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v2.4.0.8
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Accounting Policies [Abstract]  
Estimated Useful Lives of Property, Equipment and Software
Property, equipment and software are recorded at cost less accumulated depreciation and amortization, which are computed using the straight-line method over the following estimated useful lives:
 
Leasehold improvements
1-10 years
Data processing and communications equipment
1-10 years
Furniture, fixtures and other equipment
1- 5 years
Software
1- 5 years
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
 
 
 
December 31,
 
 
2013
 
2012
 
 
(in thousands)
Accrued compensation, payroll taxes and benefits
 
$
8,145

 
$
9,101

Capital leases
 
562

 

Current portion of liabilities related to acquisitions
 
4,216

 
2,056

Other current liabilities
 
10,199

 
8,089

Total accrued expenses and other current liabilities
 
$
23,122

 
$
19,246

Other Long-Term Liabilities
Other long-term liabilities consisted of the following:
 
 
 
December 31,
 
 
2013
 
2012
 
 
(in thousands)
Capital leases
 
$
866

 
$

Long-term liabilities related to acquisitions, less current portion
 
3,736

 
786

Other long-term liabilities
 
3,962

 
2,027

Total other long-term liabilities
 
$
8,564

 
$
2,813