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UNAUDITED CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 3,260 $ 2,294
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,262 1,650
Provision for bad debts 343 236
Provision for customer credits 716 773
Share-based compensation 1,889 1,025
Change in deferred tax asset 5,663 1,171
Changes in assets and liabilities:    
Accounts receivable (1,159) (690)
Prepaid expenses and other current assets (1,217) 3
Other assets (3,627) (776)
Accounts payable 1,879 173
Accrued expenses and other current liabilities (2,137) 331
Non-current liabilities (261) (600)
Net cash provided by operating activities 7,611 5,590
Cash flows from investing activities:    
Purchases of property and equipment (1,810) $ (925)
Purchase of Dealiz/Autogrity $ (25,011)
Purchase of AutoUSA $ (10,044)
Net cash used in investing activities $ (26,821) (10,969)
Cash flows from financing activities:    
Borrowings under credit facility 2,750 1,000
Borrowings under term loan 15,000 9,000
Payments on term loan borrowings (2,437) (1,687)
Proceeds from exercise of stock options 113 $ 502
Proceeds from exercise of warrant 1,860
Payment of contingent fee arrangement (25) $ (50)
Net cash provided by financing activities 17,261 8,765
Net (decrease) increase in cash and cash equivalents (1,949) 3,386
Cash and cash equivalents, beginning of period 20,747 18,930
Cash and cash equivalents, end of period 18,798 22,316
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 329 279
Cash paid for interest $ 659 $ 445