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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 32,821 $ 45,267
Trading securities, at fair value 13,777 12,526
Available-for-sale securities, at fair value 2,509 2,469
Accounts receivable, net 31,468 27,089
Deferred taxes, net 1,593 1,593
Prepaid expenses and other assets 4,434 3,651
Total current assets 86,602 92,595
Furniture, equipment, and leasehold improvements, net 7,245 5,453
Intangible assets, net 51,141 52,096
Goodwill 4,795 4,795
Deferred taxes, net 118,634 122,099
Long-term investments ($3,152 and $2,826 at fair value, respectively) and other assets 9,699 9,341
Total assets 278,116 286,379
Liabilities and Stockholders' Equity    
Accrued compensation and benefits 13,419 31,171
Accounts payable 6,139 5,031
Other accrued liabilities 6,267 5,661
Broker-dealer payable 5,027 4,794
Total current liabilities 30,852 46,657
Long-term debt 15,000 15,000
Lease obligations and other long-term liabilities 7,807 6,350
Total liabilities 53,659 68,007
Commitments and Contingencies (Note 12)      
Series B redeemable convertible preferred stock (stated at liquidation value), $.01 par value, 45,000 shares authorized, 35,217 shares issued and outstanding, at December 31, 2011   35,217
Stockholders' Equity    
Common stock, $.01 par value, 1,000,000,000 shares authorized; 7,759,105 shares issued and 7,604,105 shares outstanding at March 31, 2012 and 6,343,295 shares issued and 6,188,295 shares outstanding at December 31, 2011 77 63
Additional paid-in capital 945,882 909,983
Accumulated deficit (712,633) (718,083)
Accumulated other comprehensive loss (75) (14)
Treasury stock, at cost, 155,000 shares at March 31, 2012 and December 31, 2011 (8,794) (8,794)
Total stockholders' equity 224,457 183,155
Total liabilities and stockholders' equity $ 278,116 $ 286,379