|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 89,257 |
$ 111,932 |
| Marketable securities |
100,299 |
100,161 |
| Accounts receivable (net of allowance for doubtful accounts of $180 and $269 as of December 31, 2012 and December 31, 2013, respectively) |
12,957 |
13,231 |
| Prepaid expenses and other current assets |
6,531 |
3,620 |
| Deferred income tax assets |
3,053 |
3,214 |
| Total current assets |
212,097 |
232,158 |
| Property and equipment, net |
13,198 |
6,576 |
| Restricted cash |
3,902 |
3,807 |
| Intangibles, net |
16,886 |
6,368 |
| Goodwill |
18,712 |
18,883 |
| Other assets |
5,348 |
1,550 |
| Deferred income tax assets |
9,470 |
10,196 |
| Total assets |
279,613 |
279,538 |
| Current liabilities: |
|
|
| Accounts payable |
6,390 |
7,773 |
| Accrued liabilities |
20,110 |
16,657 |
| Deferred revenue, current portion |
82,496 |
65,875 |
| Total current liabilities |
108,996 |
90,305 |
| Deferred revenue, net of current portion |
2,667 |
3,774 |
| Other long-term liabilities |
611 |
822 |
| Total liabilities |
112,274 |
94,901 |
| Commitments and contingencies (Note 11) |
|
|
| Preferred stock, $0.01 par value - 5,000,000 shares authorized, 0 shares outstanding as of December 31, 2012 and December 31, 2013 |
|
|
| Equity: |
|
|
| Common stock, $0.01 par value - 75,000,000 shares authorized as of December 31, 2012 and December 31, 2013; 24,814,007 and 25,371,844 shares issued as of December 31, 2012 and December 31, 2013, respectively; 24,814,007 and 24,103,201 outstanding as of December 31, 2012 and December 31, 2013, respectively |
254 |
248 |
| Additional paid-in capital |
200,235 |
178,546 |
| Retained earnings (accumulated deficit) |
(1,439) |
6,243 |
| Accumulated other comprehensive loss |
(1,186) |
(400) |
| Treasury stock, at cost - 0 and 1,268,643 shares as of December 31, 2012 and December 31, 2013, respectively |
(30,525) |
|
| Total equity |
167,339 |
184,637 |
| Total liabilities and equity |
$ 279,613 |
$ 279,538 |