The financial position of the Unrestricted Subsidiaries as of June 30, 2015 and December 31, 2014 is as follows (in thousands):



	June 30, 2015			December 31, 2014
ASSETS
Cash and cash equivalents	$	55,796		$	27,944
Accounts receivable	51,295			57,005
Prepaid expenses and other current assets	2,785			2,986
Deferred income taxes	5,829			5,292
Total current assets	115,705			93,227
Property and equipment, net	13,408			12,834
Trade names, net	67,038			70,310
Patent and patent licenses, net	21,013			24,007
Customer relationships, net	49,779			55,925
Goodwill	241,328			245,613
Other purchased intangibles, net	7,114			8,901
Other assets	1,654			1,706
Total assets	$	517,039		$	512,523
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued expenses	$	42,389		$	40,296
Income taxes payable	—			316
Deferred revenue, current	5,990			5,277
Total current liabilities	48,379			45,889
Long-term debt	110,000			110,000
Deferred income taxes	18,224			17,397
Other long-term liabilities	15,100			16,243
Total liabilities	191,703			189,529
Additional paid-in capital	318,810			317,932
Retained Earnings	7,780			6,051
Accumulated other comprehensive income (loss)	(1,254		)	(989		)
Total stockholders’ equity	325,336			322,994
Total liabilities and stockholders’ equity	$	517,039		$	512,523

The results of operations of the Unrestricted Subsidiaries for the three and six months ended June 30, 2015 and 2014 is as follows (in thousands):



	Three Months Ended June 30,						Six Months Ended June 30,
	2015			2014			2015		2014
Revenues	$	51,103		$	38,907		$	95,524	$	72,275

Cost of revenues	5,017			4,445			9,371		8,297
Gross profit	46,086			34,462			86,153		63,978
Operating expenses:
Sales and marketing	19,182			16,431			36,844		31,389
Research, development and engineering	2,167			1,154			4,068		2,226
General and administrative	16,918			12,959			34,897		21,793
Total operating expenses	38,267			30,544			75,809		55,408
Income from operations	7,819			3,918			10,344		8,570
Interest expense (income), net	2,801			(3		)	5,318		(1		)
Other expense (income), net	(145		)	(76		)	99		(418		)
Income (loss) before income taxes	5,163			3,997			4,927		8,989
Income tax expense	2,878			2,209			3,197		4,235
Net income (loss)	$	2,285		$	1,788		$	1,730	$	4,754