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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 8,286 $ 8,082
Trade accounts receivable, less allowance for doubtful accounts of $244 and $289, respectively 12,119 11,187
Unbilled revenue 932 913
Prepaid expenses 1,269 768
Income taxes receivable 158  
Deferred income taxes 547 789
Other current assets 504 398
Total current assets 23,815 22,137
Net property and equipment 12,493 13,613
Intangible assets, net 5,794 7,073
Goodwill 57,799 57,730
Other 145 123
Total assets 100,046 100,676
Current liabilities:    
Current portion of notes payable 12,436 1,861
Accounts payable 291 783
Accrued wages, bonus and profit sharing 4,392 3,591
Accrued expenses 2,265 1,418
Income taxes payable   145
Current portion of capital lease obligations 102 101
Deferred revenue 15,812 16,500
Total current liabilities 35,298 24,399
Notes payable, net of current portion   12,625
Deferred income taxes 7,527 7,588
Deferred revenue 254 185
Capital lease obligations, net of current portion 225 325
Total liabilities 43,304 45,122
Shareholders’ equity:    
Common stock, $0.001 par value; authorized 20,000,000 shares, issued 8,376,592 in 2012 and 8,117,849 in 2011, outstanding 6,874,992 in 2012 and 6,724,280 in 2011 8 8
Additional paid-in capital 39,514 31,080
Retained earnings 44,700 46,995
Accumulated other comprehensive income, foreign currency translation adjustment 1,124 907
Treasury stock, at cost; 1,501,600 shares in 2012 and 1,393,569 shares in 2011 (28,604) (23,436)
Total shareholders’ equity 56,742 55,554
Total liabilities and shareholders’ equity $ 100,046 $ 100,676