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
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Net income (loss) $ 1,242 $ (711)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 577 996
Contingent consideration and realignment accrual accretion 71 71
Stock-based compensation 1,073 1,036
Other changes in assets and liabilities:    
Decrease in accounts receivable 4,584 727
Increase (decrease) in unbilled costs (5,599) 378
Decrease (increase) in other current assets 804 (1,546)
Decrease in other long-term assets 0 1,018
Decrease in accounts payable (241) (572)
(Decrease) increase in unearned contract revenue (2,532) 534
Increase (decrease) in accrued salaries and bonus 1,903 (2,551)
Decrease in other accrued expenses (1,737) (5,079)
Decrease in long-term liabilities (719) (1,142)
Net cash used in operating activities (574) (6,841)
Cash Flows From Investing Activities    
Purchase of property and equipment (956) (448)
Net cash used in investing activities (956) (448)
Cash Flows From Financing Activities    
Cash paid for repurchase of restricted shares (230) (110)
Net cash used in financing activities (230) (110)
Net (decrease) increase in cash and cash equivalents (1,760) (7,399)
Cash and cash equivalents – beginning 52,783 64,337
Cash and cash equivalents – ending $ 51,023 $ 56,938