Current assets: |
Cash and cash equivalents |
94.79M |
Short-term investments in marketable securities |
16.32M |
Accounts receivable, net of allowance for doubtful accounts of $600 for 2011 and $800 for 2010 |
147.68M |
Prepaid expenses and other current assets |
Deferred tax assets, net |
913K |
Total current assets before funds held for customers |
316.94M |
Funds held for customers |
394.4M |
Total current assets |
711.34M |
Property and equipment, net |
166.33M |
Capitalized software, net |
Goodwill |
35.58M |
Long-term investments in marketable securities |
7.9M |
Other assets, net |
41.83M |
Long-term deferred tax assets, net |
83.53M |
Total assets |
1.07B |
Current liabilities: |
Accounts payable |
11.62M |
Accrued expenses |
49.3M |
Current portion of deferred revenue |
162.76M |
Current portion of capital lease obligations |
5.51M |
Total current liabilities before customer funds obligations |
229.29M |
Customer funds obligations |
395.15M |
Total current liabilities |
624.44M |
Deferred revenue, net of current portion |
2.49M |
Deferred rent |
4.31M |
Capital lease obligations, net of current portion |
5.09M |
Income taxes payable |
Total liabilities |
636.91M |
Stockholders' equity: |
Preferred Stock |
Common Stock, $.01 par value, 50,000,000 shares authorized, 29,578,959 and 29,027,277 shares issued in 2011 and 2010, respectively |
Additional paid-in capital |
533.81M |
Accumulated other comprehensive income |
-6.48M |
Accumulated deficit |
116.86M |
Stockholders' equity before treasury stock |
644.52M |
Treasury stock, 3,744,503 and 3,594,825 shares, at cost, for 2011 and 2010, respectively |
-211.36M |
Total stockholders' equity |
433.16M |
Total liabilities and stockholders' equity |
1.07B |
Series A Junior Participating Preferred Stock [Member] |
Stockholders' equity: |
Preferred Stock |