Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Net income (loss) $ 2,126 $ (272)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 288 501
Realignment accrual accretion 35 35
Stock-based compensation 351 429
Other changes in assets and liabilities:    
Decrease in accounts receivable 1,140 1,844
Increase in unbilled costs (5,113) (2)
Decrease (increase) in other current assets 330 (452)
Decrease in other long-term assets 0 92
Increase (decrease) in accounts payable 690 (837)
(Decrease) increase in unearned contract revenue (626) 673
Increase (decrease) in accrued salaries and bonus 1,143 (1,879)
Increase (decrease) in other accrued expenses 1,128 (1,872)
Decrease in long-term liabilities (270) (610)
Net cash provided by (used in) operating activities 1,222 (2,350)
Cash Flows From Investing Activities    
Purchase of property and equipment (445) (10)
Net cash used in investing activities (445) (10)
Cash Flows From Financing Activities    
Payments for Repurchase of Common Stock (227) (105)
Net cash used in financing activities (227) (105)
Net increase (decrease) in cash and cash equivalents 550 (2,465)
Cash and cash equivalents – beginning 52,783 64,337
Cash and cash equivalents – ending $ 53,333 $ 61,872