v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Net income $ 3,413 $ 3,060
Adjustments to reconcile net income including non-controlling interests to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 7,873 5,339
Amortization of intangible assets 482 1,069
Stock-based compensation 1,945 930
Forgiveness of note receivable from stockholder   103
Excess tax benefits from stock-based compensation (588)  
Change in fair value of preferred stock warrants   140
Change in deferred income taxes   234
Changes in operating assets and liabilities:    
Accounts receivable (505) 461
Unbilled receivables   (266)
Prepaid expenses and other assets 1,616 470
Accounts payable 214 (2,273)
Accrued expenses and other liabilities (3,006) (1,790)
Deferred revenue 1,876 2,423
Net cash provided by operating activities 13,320 9,900
Cash flows from investing activities    
Increase in restricted cash   (52)
Purchases of marketable securities available-for-sale (42,195)  
Purchases of property and equipment (10,675) (9,793)
Contractual payments related to business acquisition (14) (81)
Net cash used in investing activities (52,884) (9,926)
Cash flows from financing activities    
Excess tax benefits from stock-based compensation 588  
Proceeds from exercise of stock options 1,885 558
Payments of capital leases (174) (237)
Payments to non-controlling interests (642) (547)
Proceeds from issuance of common stock upon initial public offering   48,297
Offering costs   (2,073)
Net cash provided by financing activities 1,657 45,998
Net decrease in cash and cash equivalents (37,907) 45,972
Cash and cash equivalents at beginning of year 93,933 25,721
Cash and cash equivalents at end of year 56,026 71,693
Supplemental disclosure of cash flow information    
Cash paid for taxes 279 1,173
Supplemental disclosure of non-cash investing and financing activities    
Property and equipment and software maintenance costs in accounts payable, accrued expenses and other liabilities 3,363 2,093
Offering costs in accounts payable, accrued expenses and other liabilities   456
Accretion of convertible preferred stock   1,633
Conversion of convertible preferred stock into common stock   124,602
Exercise and conversion of preferred stock warrants into common stock   $ 272