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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 15,174 $ 15,122
Restricted cash 144 48
Contract receivables, less allowances of $1,092 in 2016 and $930 in 2015:    
Billed 24,209 26,576
Unbilled 1,673 1,967
Contract receivables, net 25,882 28,543
Employee advances and miscellaneous receivables, less allowances of $601 in 2016 and $681 in 2015 1,675 1,740
Total receivables 27,557 30,283
Prepaid expenses and other current assets 2,911 2,323
Total current assets 45,786 47,776
Property and equipment 61,106 59,747
Less accumulated depreciation and amortization (49,986) (48,167)
Property and equipment, net 11,120 11,580
Goodwill 11,729 11,810
Intangible assets, less accumulated amortization of $35,646 in 2016 and $35,708 in 2015 5,874 6,684
Noncurrent portion of unbilled receivables 760 656
Other assets 2,151 1,885
Total assets 77,420 80,391
Current liabilities:    
Accounts payable and accrued expenses 6,834 5,966
Accrued payroll and related expenses 10,920 11,278
Refund liabilities 7,962 7,887
Deferred revenue 951 965
Other current liabilities 39 39
Total current liabilities 26,706 26,135
Noncurrent refund liabilities 786 752
Other long-term liabilities 1,322 1,089
Total liabilities 28,814 27,976
Commitments and contingencies
Shareholders’ equity:    
Common stock, no par value; $.01 stated value per share. Authorized 50,000,000 shares; 21,831,025 shares issued and outstanding at June 30, 2016 and 22,681,656 shares issued and outstanding at December 31, 2015 218 227
Additional paid-in capital 573,363 575,532
Accumulated deficit (525,282) (524,138)
Accumulated other comprehensive income 307 794
Total shareholders’ equity 48,606 52,415
Total liabilities and shareholders' equity $ 77,420 $ 80,391