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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 34,570 $ 55,417
Accounts receivable, less allowance for doubtful accounts of $374 and $444 as of September 30, 2015 and December 31, 2014, respectively 17,822 16,124
Income tax receivable 1,745 3,756
Deposits 717 86
Deferred tax assets 1,214 1,311
Prepaid expenses and other 2,639 2,802
Total current assets 58,707 79,496
Deposits 607 1,436
Deferred tax assets 1,935 1,432
Restricted cash 1,346 1,393
Property and equipment, net 8,361 9,498
Intangible assets, net 15 178
Total assets 70,971 93,433
Current liabilities:    
Accounts payable 23,031 26,984
Accrued expenses and other 11,654 11,814
Deferred revenue 1,268 1,472
Income tax payable 857 574
Reserve for unexchanged promotional shares 0 1,393
Total current liabilities 36,810 42,237
Note payable to related party 5,658 1,000
Long-term tax liabilities 3,087 10,936
Long-term deferred rent and other $ 3,030 $ 3,433
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value per share (5,000 shares authorized; none issued) $ 0 $ 0
Common stock, $0.01 par value (40,000 shares authorized; 15,801 shares issued, 14,730 shares outstanding as of September 30, 2015 and December 31, 2014) 163 163
Treasury stock (at cost, 1,071 shares at September 30, 2015 and December 31, 2014) (21,517) (21,517)
Additional paid-in capital 30,732 30,586
Retained earnings 16,892 29,197
Accumulated other comprehensive loss (3,884) (2,602)
Total stockholders’ equity 22,386 35,827
Total liabilities and stockholders’ equity $ 70,971 $ 93,433