XML 33 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 175,717 $ 220,534
Time deposits 30,000 0
Accounts receivable, net of allowance of $2,389 and $2,181, respectively 134,941 124,483
Unbilled revenues 92,266 55,851
Prepaid and other current assets 19,635 9,289
Employee loans, net of allowance of $0 and $0, respectively, current 2,576 2,434
Deferred tax assets, current 1,831 2,496
Total current assets 456,966 415,087
Property and equipment, net 58,446 55,134
Restricted cash, long-term 111 156
Employee loans, net of allowance of $0 and $0, respectively, long-term 3,814 4,081
Intangible assets, net 37,820 47,689
Goodwill 62,207 57,417
Deferred tax assets, long-term 13,568 11,094
Other long-term assets 3,561 3,368
Total assets 636,493 594,026
Current liabilities    
Accounts payable 11,993 4,641
Accrued expenses and other liabilities 26,841 32,203
Deferred revenue, current 2,615 3,220
Due to employees 25,986 24,518
Taxes payable 21,505 24,704
Contingent consideration, current (Note 2 and 4) 0 35,524
Contingent liability, current (Note 9) 87 0
Deferred tax liabilities, current 974 603
Total current liabilities 90,001 125,413
Deferred tax liabilities, long-term 2,432 4,563
Total liabilities $ 92,433 $ 129,976
Commitments and contingencies (Note 9)    
Stockholders’ equity    
Common stock, $0.001 par value; 160,000,000 authorized; 49,632,642 and 48,748,298 shares issued, 49,623,617 and 48,303,811 shares outstanding at June 30, 2015 and December 31, 2014, respectively $ 49 $ 48
Additional paid-in capital 270,658 229,501
Retained earnings 294,543 260,598
Treasury stock (80) (4,043)
Accumulated other comprehensive loss (21,110) (22,054)
Total stockholders’ equity 544,060 464,050
Total liabilities and stockholders’ equity $ 636,493 $ 594,026