|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 10,989 |
$ 9,183 |
| Trade accounts receivable, net |
43,708 |
41,070 |
| Deferred income tax assets |
157 |
288 |
| Derivative asset |
0 |
733 |
| Prepaid expenses |
2,939 |
2,045 |
| Assets held for sale |
0 |
4,969 |
| Current portion of note receivable |
645 |
660 |
| Other current assets |
1,626 |
1,332 |
| Total current assets |
60,064 |
60,280 |
| Property, plant and equipment, net |
22,210 |
26,310 |
| Long-term deferred income tax assets |
2,151 |
3,930 |
| Long-term note receivable, net of current portion |
0 |
602 |
| Intangible assets, net |
1,164 |
0 |
| Goodwill |
1,637 |
0 |
| Other long-term assets |
2,491 |
2,010 |
| Total assets |
89,717 |
93,132 |
| Current liabilities: |
|
|
| Accounts payable |
8,477 |
7,174 |
| Accrued liabilities: |
|
|
| Accrued payroll |
9,196 |
7,035 |
| Accrued compensated absences |
2,469 |
2,591 |
| Other accrued liabilities |
1,901 |
2,150 |
| Line of credit |
1,000 |
0 |
| Derivative liability |
2,160 |
253 |
| Deferred revenue |
486 |
638 |
| Deferred income tax liabilities |
766 |
2,390 |
| Other current liabilities |
2,043 |
1,648 |
| Total current liabilities |
28,498 |
23,879 |
| Deferred rent |
1,445 |
2,202 |
| Other liabilities |
1,600 |
772 |
| Total liabilities |
31,543 |
26,853 |
| Commitments and contingencies |
|
|
| Stockholders' equity: |
|
|
| Common stock, 32,000,000 non-convertible shares, $0.01 par value, authorized; 15,368,356 and 15,298,947 shares issued and outstanding at December 31, 2013 and 2012, respectively |
154 |
153 |
| Additional paid-in capital |
74,273 |
72,435 |
| Accumulated other comprehensive (loss) income |
(1,009) |
2,529 |
| Accumulated deficit |
(15,244) |
(8,838) |
| Total stockholders' equity |
58,174 |
66,279 |
| Total liabilities and stockholders' equity |
$ 89,717 |
$ 93,132 |