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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 10,483 $ 18,823
Restricted cash 110 51
Contract receivables, less allowances of $1,016 in 2018 and $1,499 in 2017    
Billed 35,123 36,058
Unbilled 2,430 2,709
Receivables Net 37,553 38,767
Employee advances and miscellaneous receivables, less allowances of $225 in 2018 and $292 in 2017 1,446 1,665
Total receivables 38,999 40,432
Prepaid expenses and other current assets 3,660 4,608
Total current assets 53,252 63,914
Property and equipment 79,912 73,566
Less accumulated depreciation (59,913) (56,088)
Property and equipment, net 19,999 17,478
Goodwill 17,569 17,648
Intangible assets, less accumulated amortization of $42,689 in 2018 and $40,461 in 2017 15,870 18,478
Unbilled receivables 1,120 894
Deferred income taxes 1,398 1,538
Other assets 609 268
Total assets 109,817 120,218
Current liabilities:    
Accounts payable and accrued expenses 5,518 8,548
Accrued payroll and related expenses 10,609 13,078
Refund liabilities 8,203 7,864
Deferred revenue 1,142 1,431
Current portion of debt (Note 5) 48 48
Current portion of long-term incentive compensation liability 0 5,116
Business acquisition obligations (Notes 6 and 9) 3,992 3,759
Total current liabilities 29,512 39,844
Long-term debt (Note 5) 17,549 13,526
Noncurrent business acquisition obligations (Notes 6 and 9) 0 5,135
Refund liabilities 263 957
Other long-term liabilities 412 442
Total liabilities 47,736 59,904
Commitments and contingencies (Note 7)
Shareholders’ equity (Note 2):    
Common stock, no par value; $.01 stated value per share. Authorized 50,000,000 shares; 23,611,680 shares issued and outstanding at September 30, 2018 and 22,419,417 shares issued and outstanding at December 31, 2017 236 224
Additional paid-in capital 585,553 580,032
Accumulated deficit (523,315) (520,049)
Accumulated other comprehensive (loss) income (393) 107
Total shareholders’ equity 62,081 60,314
Total liabilities and shareholders' equity $ 109,817 $ 120,218