|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
Jun. 30, 2012
|
Jun. 30, 2011
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 165,242 |
$ 149,985 |
| Accounts receivable, net |
31,450 |
27,866 |
| Current portion of installments receivable, net |
33,184 |
38,703 |
| Current portion of collateralized receivables |
6,297 |
15,748 |
| Unbilled services |
1,592 |
2,319 |
| Prepaid expenses and other current assets |
16,219 |
10,819 |
| Prepaid income taxes |
283 |
1,151 |
| Deferred income taxes-current |
7,196 |
7,272 |
| Total current assets |
261,463 |
253,863 |
| Non-current installments receivable, net |
14,046 |
47,773 |
| Non-current collateralized receivables |
0 |
9,291 |
| Property, equipment and leasehold improvements, net |
7,037 |
6,730 |
| Computer software development costs, net |
1,689 |
2,813 |
| Goodwill |
19,399 |
18,624 |
| Deferred income taxes- non-current |
58,559 |
57,061 |
| Other non-current assets |
6,142 |
3,639 |
| Total assets |
368,335 |
399,794 |
| Current liabilities: |
|
|
| Current portion of secured borrowings |
10,756 |
15,756 |
| Accounts payable |
2,566 |
2,099 |
| Accrued expenses and other current liabilities |
37,989 |
64,467 |
| Income taxes payable |
598 |
672 |
| Deferred revenue |
143,578 |
90,681 |
| Current deferred tax liability |
232 |
0 |
| Total current liabilities |
195,719 |
173,675 |
| Long-term secured borrowings |
0 |
9,157 |
| Long-term deferred revenue |
43,595 |
38,262 |
| Other non-current liabilities |
15,429 |
20,897 |
| Commitments and contingencies (Note 9) |
|
|
| Series D redeemable convertible preferred stock, $0.10 par value Authorized - 3,636 shares as of June 30, 2012 and 2011 Issued and outstanding - none as of June 30, 2012 and 2011 |
0 |
0 |
| Stockholders' equity: |
|
|
| Common stock, $0.10 par value - Authorized - 210,000,000 shares Issued - 96,663,580 shares at June 30, 2012 and 94,939,400 shares at June 30, 2011 Outstanding - 93,465,955 shares at June 30, 2012 and 94,238,370 shares at June 30, 2011 |
9,666 |
9,494 |
| Additional paid-in capital |
547,546 |
530,996 |
| Accumulated deficit |
(395,079) |
(381,271) |
| Accumulated other comprehensive income |
8,095 |
9,115 |
| Treasury stock, at cost - 3,197,625 shares of common stock at June 30, 2012 and 701,030 at June 30, 2011 |
(56,636) |
(10,531) |
| Total stockholders' equity |
113,592 |
157,803 |
| Total liabilities and stockholders' equity |
$ 368,335 |
$ 399,794 |