| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from operating activities | ||||||||||||||||||||
Net income | ||||||||||||||||||||
1,983 | 4,428 | 4,978 | 23,151 | 3,725 | 2,649 | 5,524 | 7,474 | 4,320 | 2,577 | 3,682 | 2,797 | 660 | -1,289 | -1,125 | -2,264 | -3,603 | -3,890 | -4,760 | -3,400 | -3,618 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||
6,414 | 6,226 | 5,678 | 5,415 | 5,076 | 3,792 | 3,705 | 3,579 | 3,500 | 3,352 | 3,237 | 3,114 | 2,996 | 2,823 | 2,636 | 2,359 | 2,117 | 1,852 | 1,638 | 1,431 | 1,183 |
Amortization of operating lease right-of-use assets | ||||||||||||||||||||
1,053 | 1,114 | 1,088 | 986 | 942 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||||||||||||
362 | -4,423 | -1,389 | -21,362 | -4,281 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Purchased investment premium, net of amortization | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | -82 | 90 | 14 | -60 | -90 | 50 | -145 | 485 | 380 | 0 | 0 |
Amortization of Debt Issuance Costs | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 16 | 16 | 16 | 15 | 16 | 16 | 16 | 15 | 410 | 26 | 5 |
Loss on disposal of property, equipment, and intangibles | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | -5 | -61 | -28 | -8 | -1 | -3 | -29 | -60 | 6 | -6 | -7 |
Stock-based compensation | ||||||||||||||||||||
959 | 1,878 | 2,192 | 1,687 | 1,552 | 1,918 | 1,764 | 1,337 | 1,318 | 1,792 | 1,588 | 1,619 | 1,097 | 1,457 | 1,289 | 1,092 | 463 | 384 | 278 | 212 | 133 |
Other | ||||||||||||||||||||
38 | 104 | -28 | -81 | -27 | -59 | -19 | -67 | -79 | - | - | - | - | - | - | - | - | - | - | - | - |
Lease abandonment | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | -101 | 31 | -91 | 0 | 0 | 0 | 0 |
Changes in operating assets and liabilities: | ||||||||||||||||||||
Accounts receivable | ||||||||||||||||||||
1,616 | -747 | 83 | 644 | 2,051 | -557 | -703 | 1,020 | 1,148 | -32 | -813 | 418 | 1,303 | -196 | -337 | 402 | 594 | -190 | -286 | 557 | 665 |
Prepaid expenses and other current assets | ||||||||||||||||||||
2,822 | -372 | -796 | 1,622 | 3,577 | 2,171 | 3,343 | 1,000 | -441 | 153 | 644 | 614 | -402 | -427 | 157 | -634 | 1,281 | 548 | 737 | 82 | 526 |
Other assets | ||||||||||||||||||||
148 | -247 | 125 | -594 | -660 | -556 | 3,941 | 296 | 766 | 30 | 3 | 56 | -5 | -60 | 71 | -18 | 110 | -64 | 37 | 39 | 44 |
Accounts payable | ||||||||||||||||||||
-362 | 241 | 82 | 88 | 100 | 137 | -362 | 424 | 415 | -469 | 688 | -300 | -19 | 205 | -538 | 82 | -653 | -606 | -716 | 674 | 209 |
Accrued employee expenses | ||||||||||||||||||||
-5,427 | 4,056 | -194 | 3,547 | -2,867 | 4,444 | -1,185 | 1,802 | -3,842 | 2,397 | 270 | 2,238 | -1,662 | 2,367 | -1,050 | 812 | 94 | -1,223 | 2,046 | 163 | 901 |
Accrued expenses | ||||||||||||||||||||
726 | 69 | -1,398 | -196 | 1,580 | -116 | 1,964 | 822 | 611 | -1,442 | 919 | 321 | 473 | -206 | 603 | -236 | 987 | -99 | 674 | -240 | 800 |
Deferred revenue | ||||||||||||||||||||
693 | 154 | 458 | 313 | 268 | -342 | -958 | -1,955 | -1,334 | -428 | -529 | -660 | 1,059 | 1,011 | 526 | 443 | 705 | 511 | 187 | 20 | 455 |
Operating lease liabilities | ||||||||||||||||||||
784 | 224 | -1,127 | -1,024 | -735 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other liabilities | ||||||||||||||||||||
522 | 245 | 616 | 504 | -124 | 184 | 5,657 | 478 | -252 | 186 | -434 | 31 | 69 | -357 | -312 | 637 | 858 | 705 | 373 | -33 | -51 |
Net cash provided by operating activities | ||||||||||||||||||||
3,083 | 15,474 | 11,600 | 11,518 | 295 | 11,667 | 9,547 | 11,712 | 3,342 | 7,815 | 9,690 | 8,059 | 3,807 | 6,777 | 2,346 | 3,113 | -736 | -3,070 | -967 | -1,596 | -1,211 |
Cash from investing activities | ||||||||||||||||||||
Purchases of available-for-sale investments | ||||||||||||||||||||
649 | 14,508 | 10,012 | 678 | 0 | 732 | 7,952 | 5,259 | 15,573 | 9,051 | 2,000 | 9,060 | 6,537 | 7,217 | 7,649 | 7,300 | 9,385 | 13,750 | 60,426 | 0 | 0 |
Proceeds from sales of available-for-sale investments | ||||||||||||||||||||
13,942 | 0 | 1,000 | 0 | 1,750 | 20,199 | 696 | 0 | 5 | 0 | 15 | 0 | 0 | 2,543 | -1 | 3,512 | 6,505 | 4,100 | 0 | 0 | 0 |
Proceeds from maturities of available-for-sale investments | ||||||||||||||||||||
7,250 | 4,660 | 7,000 | 1,750 | 2,250 | 4,342 | 12,882 | 7,299 | 8,296 | 5,500 | 3,485 | 3,044 | 4,445 | 4,225 | 5,725 | 4,557 | 6,830 | 17,186 | 8,950 | 0 | 0 |
Purchases of property, equipment and intangible assets | ||||||||||||||||||||
7,992 | 3,999 | 1,690 | 1,365 | 1,030 | 362 | 1,160 | 317 | 263 | 534 | 843 | 445 | 392 | 682 | 399 | 1,270 | 1,891 | 1,460 | 724 | 789 | 721 |
Additions to capitalized software | ||||||||||||||||||||
6,822 | 5,329 | 6,249 | 4,762 | 4,658 | 3,307 | 3,492 | 2,569 | 2,936 | 2,370 | 2,814 | 2,280 | 2,991 | 2,612 | 3,395 | 2,980 | 2,179 | 2,304 | 2,218 | 1,924 | 1,231 |
Acquisition, net of cash acquired | ||||||||||||||||||||
0 | 0 | 0 | 0 | 54,004 | 0 | 14,441 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of intangible assets | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | 5 | 6 | 5 |
Net cash provided by (used in) investing activities | ||||||||||||||||||||
5,729 | -19,146 | -9,951 | -5,085 | -55,692 | 20,140 | -13,467 | -846 | -10,471 | -6,454 | -2,157 | -8,742 | -5,475 | -3,743 | -5,721 | -3,481 | -120 | 3,771 | -54,423 | -6,758 | -1,957 |
Cash from financing activities | ||||||||||||||||||||
Proceeds from stock option exercises | ||||||||||||||||||||
97 | 294 | 60 | 109 | 90 | 322 | 55 | 188 | 470 | 155 | 122 | 241 | 145 | 92 | 107 | 73 | 80 | 29 | 10 | 250 | 68 |
Proceeds from issuance of restricted stock | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 141 |
Tax withholding for net share settlement | ||||||||||||||||||||
6,458 | 614 | 790 | 3,436 | 1,315 | 233 | 400 | 1,593 | 901 | 188 | 263 | 138 | 1,207 | 26 | 85 | 0 | 0 | - | - | - | - |
Payment of contingent consideration | ||||||||||||||||||||
5,977 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from issuance of debt | ||||||||||||||||||||
49,437 | 472 | 528 | 572 | 597 | 50,045 | 30 | 31 | 32 | 30 | 29 | 30 | 29 | 30 | 30 | 28 | 29 | 253 | 0 | 0 | 10,000 |
Principal payments on debt | ||||||||||||||||||||
749 | 785 | 840 | 885 | 909 | 45 | 30 | 31 | 32 | 30 | 29 | 30 | 29 | 29 | 28 | 30 | 41 | 241 | 9,958 | 42 | 0 |
Payment of debt issuance costs | ||||||||||||||||||||
0 | 0 | 0 | 60 | 360 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | 218 | 7 | 119 | 413 |
Principal payments under capital lease obligations | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 5 | 9 | 8 | 7 | 5 | 7 | 9 | 6 |
Purchase of treasury stock | ||||||||||||||||||||
4,194 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash provided by (used in) financing activities | ||||||||||||||||||||
32,156 | -633 | -1,042 | -3,700 | -1,897 | 28,527 | -345 | -1,405 | -431 | -33 | -141 | 103 | -1,062 | 62 | 15 | 63 | 61 | -396 | -2,776 | 66,244 | 9,790 |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||||||||||||||||
40,968 | -4,305 | 607 | 2,733 | -57,294 | 60,334 | -4,265 | 9,461 | -7,560 | 1,328 | 7,392 | -580 | -2,730 | 3,096 | -3,360 | -305 | -795 | 305 | -58,166 | 57,890 | 6,622 |
Noncash investing and financing activities | ||||||||||||||||||||
Purchases of property and equipment included in accounts payable and accrued expenses | ||||||||||||||||||||
4,251 | 1,834 | 1,033 | 135 | 445 | 463 | -407 | 348 | 114 | -250 | 48 | 165 | 58 | 149 | -60 | -528 | 700 | 923 | 177 | -233 | 353 |
Additions of capitalized software included in accrued and accrued employee expenses | ||||||||||||||||||||
687 | 586 | -264 | 474 | 391 | 527 | -178 | 233 | 243 | 143 | -154 | 189 | 196 | 227 | -228 | -95 | 554 | -137 | 187 | -42 | 282 |
Stock-based compensation capitalized for software development | ||||||||||||||||||||
406 | 523 | 532 | 451 | 338 | 336 | 249 | 267 | 235 | 211 | 203 | 207 | 138 | 123 | 131 | 126 | 51 | 54 | 45 | 36 | 31 |
Tax withholding for net share settlement included in accrued employee expenses | ||||||||||||||||||||
0 | - | - | -1,190 | 1,258 | - | - | -749 | 749 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Purchase consideration for acquisitions included in other current liabilities | ||||||||||||||||||||
0 | 0 | -23 | 0 | 6,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Debt issuance and other financing costs accrued, not paid | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -124 | 137 |
Initial public offering costs included in accrued expenses | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3,105 | 1,921 | 1,396 |