|
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
|
Sep. 30, 2013
|
Dec. 31, 2012
|
| CURRENT ASSETS: |
|
|
| Cash and cash equivalents |
$ 34,778 |
$ 41,944 |
| Accounts receivable—net of allowance of $25 and $276 |
14,359 |
15,624 |
| Deferred income taxes |
1,013 |
1,999 |
| Prepaid expenses and other current assets |
2,239 |
1,831 |
| Total current assets |
52,389 |
61,398 |
| PROPERTY AND EQUIPMENT—Net |
13,244 |
11,043 |
| DEFERRED INCOME TAXES, NON-CURRENT |
3,981 |
2,527 |
| OTHER LONG-TERM ASSETS |
428 |
543 |
| GOODWILL |
819 |
819 |
| CONVERTIBLE PROMISSORY NOTE |
1,000 |
0 |
| INVESTMENT IN EQUITY INTEREST |
86 |
0 |
| TOTAL ASSETS |
71,947 |
76,330 |
| CURRENT LIABILITIES: |
|
|
| Accounts payable |
11,696 |
14,204 |
| Accrued expenses and other current liabilities |
6,043 |
7,328 |
| Current portion of capital lease obligations |
1,914 |
2,127 |
| Total current liabilities |
19,653 |
23,659 |
| LONG-TERM PORTION OF CAPITAL LEASE OBLIGATIONS |
753 |
1,712 |
| OTHER LONG-TERM LIABILITIES |
212 |
148 |
| Total liabilities |
20,618 |
25,519 |
| COMMITMENTS AND CONTINGENCIES (Note 6) |
|
|
| STOCKHOLDERS’ EQUITY: |
|
|
| Preferred stock, $0.01 par value—10,000,000 shares authorized, no shares issued and outstanding at December 31, 2012 and September 30, 2013 |
0 |
0 |
| Common stock, $0.01 par value—100,000,000 shares authorized, 27,517,665 issued and 27,198,165 outstanding at December 31, 2012, and 100,000,000 authorized, 27,659,136 issued and 27,339,636 shares outstanding at September 30, 2013 |
277 |
275 |
| Treasury stock—at cost, 319,500 shares at December 31, 2012 and September 30, 2013 |
(569) |
(569) |
| Additional paid-in capital |
101,497 |
99,449 |
| Accumulated deficit |
(49,877) |
(48,338) |
| Accumulated other comprehensive income (loss) |
1 |
(6) |
| Total stockholders’ equity |
51,329 |
50,811 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY |
$ 71,947 |
$ 76,330 |