XML 35 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 17,004us-gaap_CashAndCashEquivalentsAtCarryingValue $ 23,111us-gaap_CashAndCashEquivalentsAtCarryingValue
Short-term investments 108us-gaap_ShortTermInvestments 107us-gaap_ShortTermInvestments
Accounts receivable, net 13,386us-gaap_AccountsReceivableNet 8,505us-gaap_AccountsReceivableNet
Unbilled costs and accrued profits on contracts in progress 5,498us-gaap_UnbilledContractsReceivable 5,918us-gaap_UnbilledContractsReceivable
Other current assets 7,066us-gaap_OtherAssetsCurrent 7,225us-gaap_OtherAssetsCurrent
Total current assets 43,062us-gaap_AssetsCurrent 44,866us-gaap_AssetsCurrent
Property and equipment, net 3,323us-gaap_PropertyPlantAndEquipmentNet 3,184us-gaap_PropertyPlantAndEquipmentNet
Goodwill 15,545us-gaap_Goodwill 15,545us-gaap_Goodwill
Finite-Lived Intangible Assets, Net 46,434us-gaap_FiniteLivedIntangibleAssetsNet 47,304us-gaap_FiniteLivedIntangibleAssetsNet
Other long-term assets 4,248us-gaap_OtherAssetsNoncurrent 5,007us-gaap_OtherAssetsNoncurrent
Total assets 112,612us-gaap_Assets 115,906us-gaap_Assets
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 3,034us-gaap_AccountsPayableCurrent 4,308us-gaap_AccountsPayableCurrent
Unearned contract revenue 10,896us-gaap_DeferredRevenueCurrent 6,752us-gaap_DeferredRevenueCurrent
Accrued salary and bonus 8,736us-gaap_EmployeeRelatedLiabilitiesCurrent 7,696us-gaap_EmployeeRelatedLiabilitiesCurrent
Other accrued expenses 11,332us-gaap_AccruedLiabilitiesCurrent 14,822us-gaap_AccruedLiabilitiesCurrent
Total current liabilities 33,998us-gaap_LiabilitiesCurrent 33,578us-gaap_LiabilitiesCurrent
Business Combination, Contingent Consideration, Liability, Noncurrent 25,909us-gaap_BusinessCombinationContingentConsiderationLiabilityNoncurrent 25,909us-gaap_BusinessCombinationContingentConsiderationLiabilityNoncurrent
Long-term Debt, Excluding Current Maturities 27,349us-gaap_LongTermDebtNoncurrent 27,154us-gaap_LongTermDebtNoncurrent
Long-term liabilities 8,732us-gaap_LiabilitiesNoncurrent 9,143us-gaap_LiabilitiesNoncurrent
Total liabilities 95,988us-gaap_Liabilities 95,784us-gaap_Liabilities
Commitments and contingencies (Note 7)      
Stockholders’ equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $.01 par value; 40,000,000 shares authorized; 17,418,569 and 16,558,140 shares issued, respectively; 16,204,762 and 15,361,133 shares outstanding, respectively 174us-gaap_CommonStockValue 165us-gaap_CommonStockValue
Additional paid-in capital 134,558us-gaap_AdditionalPaidInCapital 134,171us-gaap_AdditionalPaidInCapital
Accumulated deficit (103,764)us-gaap_RetainedEarningsAccumulatedDeficit (99,896)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income 16us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 16us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury stock, at cost (1,213,807 and 1,197,007 shares, respectively) (14,360)us-gaap_TreasuryStockValue (14,334)us-gaap_TreasuryStockValue
Total stockholders' equity 16,624us-gaap_StockholdersEquity 20,122us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 112,612us-gaap_LiabilitiesAndStockholdersEquity $ 115,906us-gaap_LiabilitiesAndStockholdersEquity