Balance Sheet Components

9 Months Ended

Sep. 30, 2011

Balance Sheet Components

Balance Sheet Components

7. Balance Sheet Components

 The components of accounts receivable are as follows (in thousands):

	September 30, 2011			December 31, 2010
Accounts receivable	$	41,540		$	33,406
Unbilled revenues		21,780			15,318
Allowance for doubtful accounts		(694	)		(228	)
Total	$	62,626		$	48,496

The components of other current assets are as follows (in thousands):

	September 30, 2011		December 31, 2010
Income tax receivable	$	2,039	$	546
Deferred tax asset		156		656
Other current assets		2,467		1,382
Total	$	4,662	$	2,584

The components of other current liabilities are as follows (in thousands):

	September 30, 2011		December 31, 2010
Estimated fair value of contingent consideration liability (1)	$	6,101	$	3,339
Accrued variable compensation		5,160		8,456
Payroll related costs		2,674		1,986
Accrued subcontractor fees		2,386		2,631
Accrued reimbursable expense		1,608		441
Accrued medical claims expense		869		810
Deferred revenues		721		1,121
Acquired liabilities		730		2,244
Other current liabilities		1,673		1,626
Total	$	21,922	$	22,654

(1)   Represents the fair value estimate of additional earnings-based contingent consideration that may be realized by: (1) speakTECH's interest holders 12 months after the speakTECH acquisition; and (2) Exervio's selling shareholders 12 months and 18 months after the closing date of the Exervio acquisition.

The components of other non-current liabilities are as follows (in thousands):

	September 30, 2011		December 31, 2010
Deferred compensation liability	$	1,229	$	1,162
Deferred income taxes		409		417
Other non-current liabilities		49		209
Total	$	1,687	$	1,788

Property and equipment consists of the following (in thousands):

	September 30, 2011			December 31, 2010
Computer hardware (useful life of 3 years)	$	5,988		$	5,064
Furniture and fixtures (useful life of 5 years)		1,396			1,287
Leasehold improvements (useful life of 5 years)		1,863			1,159
Software (useful life of 1 year)		1,489			1,160
Less: Accumulated depreciation		(7,082	)		(6,315	)
Total	$	3,654		$	2,355