Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheet

v2.3.0.15
Condensed Consolidated Balance Sheet (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 65,451 $ 62,711
Short-term investments 127 147
Accounts receivable, net 10,797 11,057
Unbilled costs and accrued profits on contracts in progress 2,938 3,363
Other current assets 3,536 3,374
Total current assets 82,849 80,652
Property and equipment, net 2,881 3,947
Goodwill 23,976 23,976
Other intangible assets, net 9,441 10,393
Other long-term assets 5,065 5,421
Total assets 124,212 124,389
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 2,391 3,266
Unearned contract revenue 21,383 13,417
Accrued salary and bonus 9,453 10,664
Other accrued expenses 11,920 15,981
Total current liabilities 45,147 43,328
Long-term liabilities 9,524 11,548
Total liabilities 54,671 54,876
Commitments and contingencies (Note 7)    
Stockholders’ equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $.01 par value; 100,000,000 shares authorized; 15,797,667 and 15,463,995 shares issued, respectively; 14,723,168 and 14,390,788 shares outstanding, respectively 158 155
Additional paid-in capital 126,467 124,787
Accumulated deficit (43,465) (41,817)
Accumulated other comprehensive income 12 8
Treasury stock, at cost (1,074,499 and 1,073,207 shares, respectively) (13,631) (13,620)
Total stockholders' equity 69,541 69,513
Total liabilities and stockholders' equity $ 124,212 $ 124,389