Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheet

v3.3.0.814
Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 8,955 $ 23,111
Short-term investments 108 107
Accounts receivable, net 12,308 8,505
Unbilled costs and accrued profits on contracts in progress 5,216 5,918
Other current assets 5,512 7,225
Total current assets 32,099 44,866
Property and equipment, net 2,818 3,184
Goodwill 15,666 15,545
Finite-Lived Intangible Assets, Net 44,478 47,304
Other long-term assets 4,226 5,007
Total assets 99,287 115,906
Current liabilities:    
Accounts payable 4,508 4,308
Unearned contract revenue 5,112 6,752
Accrued salary and bonus 9,851 7,696
Other accrued expenses 12,055 14,822
Total current liabilities 31,526 33,578
Business Combination, Contingent Consideration, Liability, Noncurrent 25,909 25,909
Long-term Debt, Excluding Current Maturities 27,911 27,154
Long-term liabilities 8,080 9,143
Total liabilities $ 93,426 $ 95,784
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; 40,000,000 shares authorized; 17,441,262 and 16,558,140 shares issued, respectively; 16,720,037 and 15,361,133 shares outstanding, respectively 174 165
Additional paid-in capital 129,569 134,171
Accumulated deficit (115,637) (99,896)
Accumulated other comprehensive income 16 16
Treasury stock, at cost (721,225 and 1,197,007 shares, respectively) (8,261) (14,334)
Total stockholders' equity 5,861 20,122
Total liabilities and stockholders' equity $ 99,287 $ 115,906