Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v2.3.0.15
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Net loss $ (1,648) $ (4,263)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2,352 1,137
Contingent consideration and realignment accrual accretion 257 106
Reversal of contingent consideration accrual (191) 0
Provision for bad debt 11 23
Non-cash facilities realignment 0 575
Stock-based compensation 1,683 1,111
Other (gains), losses and expenses, net 0 16
Other changes in assets and liabilities:    
Decrease in accounts receivable 260 1,601
Decrease (increase) in unbilled costs 425 (51)
Decrease in income tax refund receivable 0 3,298
Increase in other current assets (534) 2,212
Increase in other long-term assets 717 (2,054)
Increase (decrease) in accounts payable (875) 177
Increase in unearned contract revenue 7,966 1,695
(Decrease) increase in accrued salaries and bonus (1,211) 3,427
(Decrease) increase in other accrued expenses (4,037) 3,785
Decrease in long-term liabilities (2,090) (330)
Net cash provided by operating activities 3,085 12,465
Cash Flows From Investing Activities    
Purchase of property and equipment (334) (1,536)
Net cash used in investing activities (334) (1,536)
Cash Flows From Financing Activities    
Cash paid for repurchase of restricted shares (11) (37)
Net cash used in financing activities (11) (37)
Net increase in cash and cash equivalents 2,740 10,892
Cash and cash equivalents – beginning 62,711 72,463
Cash and cash equivalents – ending $ 65,451 $ 83,355