Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Net loss $ (1,731) $ (1,648)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 1,490 2,352
Contingent consideration and realignment accrual accretion 106 257
Reversal of contingent accrual accretion 0 (191)
Provision for bad debt 0 11
Stock-based compensation 1,520 1,683
Other changes in assets and liabilities:    
Decrease in accounts receivable 1,368 260
Decrease in unbilled costs 1,608 425
Increase in other current assets (477) (534)
Decrease (increase) in other long-term assets (6) 717
Decrease (increase) in accounts payable (985) (875)
Increase in unearned contract revenue 368 7,966
Decrease in accrued salaries and bonus (1,263) (1,211)
Decrease in other accrued expenses (3,813) (4,037)
Decrease in long-term liabilities (1,340) (2,090)
Net cash (used in) provided by operating activities (3,155) 3,085
Cash Flows From Investing Activities    
Purchase of property and equipment (528) (334)
Net cash used in investing activities (528) (334)
Cash Flows From Financing Activities    
Payments for Repurchase of Common Stock (125) (11)
Net cash used in financing activities (125) (11)
Net (decrease) increase in cash and cash equivalents (3,808) 2,740
Cash and cash equivalents – beginning 64,337 62,711
Cash and cash equivalents – ending $ 60,529 $ 65,451