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, 2014
Mar. 31, 2013
Net income (loss) $ (1,612) $ 2,126
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 457 288
Realignment accrual accretion 35 35
Stock-based compensation 690 351
Other changes in assets and liabilities:    
Decrease in accounts receivable (6,049) 1,140
Increase in unbilled costs 2,424 (5,113)
Decrease (increase) in other current assets 32 330
Decrease in other long-term assets 140 0
Increase (decrease) in accounts payable 143 690
(Decrease) increase in unearned contract revenue (594) (626)
Increase (decrease) in accrued salaries and bonus (2,480) 1,143
Increase (decrease) in other accrued expenses 835 1,128
Decrease in long-term liabilities (484) (270)
Net cash provided by (used in) operating activities (6,463) 1,222
Cash Flows From Investing Activities    
Purchase of property and equipment (514) (445)
Payments for (Proceeds from) Loans and Leases (569) 0
Net cash used in investing activities (1,083) (445)
Cash Flows From Financing Activities    
Payments for Repurchase of Common Stock (215) (227)
Net cash used in financing activities (215) (227)
Net increase (decrease) in cash and cash equivalents (7,761) 550
Cash and cash equivalents – beginning 45,639 52,783
Cash and cash equivalents – ending $ 37,878 $ 53,333