Inteliquent (IQNT) 10-Q 30 Oct 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Oct. 15, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Trading Symbol	'IQNT	'
Entity Registrant Name	'INTELIQUENT, INC.	'
Entity Central Index Key	'0001292653	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	33,115,097

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$99,376	$77,004
Receivables — net of allowance of $2,238 and $900, respectively	31,300	22,200
Deferred income taxes-current	1,037	720
Prepaid expenses	3,020	2,375
Other current assets	1,591	1,977
Total current assets	136,324	104,276
Property and equipment—net	22,617	25,815
Restricted cash	345	125
Deferred income taxes-noncurrent	4,833	5,495
Other assets	1,324	1,534
Total assets	165,443	137,245
Current liabilities:	'	'
Accounts payable	1,682	2,176
Accrued liabilities:	'	'
Taxes payable	2,965	2,437
Circuit cost	9,058	8,987
Rent	2,046	2,071
Payroll and related items	4,603	3,079
Other	1,041	1,674
Total current liabilities	21,395	20,424
Shareholders’ equity:	'	'
Preferred stock—par value of $.001; 50,000 authorized shares; no shares issued and outstanding at September 30, 2014 and December 31, 2013,	'	'
Common stock—par value of $.001; 150,000 authorized shares; 33,118 shares and 32,215 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively	33	32
Less treasury stock, at cost; 3,351 shares at September 30, 2014 and December 31, 2013	-51,668	-51,668
Additional paid-in capital	212,698	203,989
Accumulated deficit	-17,015	-35,532
Total shareholders’ equity	144,048	116,821
Total liabilities and shareholders' equity	$165,443	$137,245

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement Of Financial Position [Abstract]	'	'
Receivables, allowance	$2,238	$900
Preferred stock, par value	$1	$1
Preferred stock, authorized shares	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$1	$1
Common stock, authorized shares	150,000,000	150,000,000
Common stock, shares issued	33,118,000	32,215,000
Common stock, shares outstanding	33,118,000	32,215,000
Treasury stock, shares, at cost	3,351,000	3,351,000

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Statement [Abstract]	'	'	'	'
Revenue	$54,045	$50,396	$165,143	$163,133
Operating expense:	'	'	'	'
Network and facilities expense (excluding depreciation and amortization)	23,016	22,027	71,035	70,716
Operations	7,432	7,182	21,941	22,488
Sales and marketing	1,048	1,090	2,542	4,650
General and administrative	3,645	6,071	12,699	15,105
Depreciation and amortization	2,985	3,293	9,136	11,505
Loss (gain) on disposal of assets	2	3	-29	226
Loss (gain) on sale of Americas data assets	'	'	1,081	-23,171
Total operating expense	38,128	39,666	118,405	101,519
Income from operations	15,917	10,730	46,738	61,614
Other expense (income):	'	'	'	'
Interest expense (income)	18	-1	37	-53
Other expense (income)	'	4	-2	5
Total other expense (income)	18	3	35	-48
Income from continuing operations before income taxes	15,899	10,727	46,703	61,662
Provision for income taxes	6,123	4,177	18,286	8,524
Income from continuing operations	9,776	6,550	28,417	53,138
Loss from discontinued operations, net of income tax provision	'	68	'	7,102
Loss (gain) on disposal of discontinued operations	'	11	'	-783
Net income	$9,776	$6,471	$28,417	$46,819
Earnings per share - continuing operations:	'	'	'	'
Basic	$0.30	$0.20	$0.87	$1.64
Diluted	$0.29	$0.20	$0.86	$1.63
Loss per share - discontinued operations:	'	'	'	'
Basic	'	'	'	($0.20)
Diluted	'	'	'	($0.19)
Earnings per share - net income:	'	'	'	'
Basic	$0.30	$0.20	$0.87	$1.45
Diluted	$0.29	$0.20	$0.86	$1.44
Weighted average number of shares outstanding:	'	'	'	'
Basic	33,115	32,262	32,743	32,344
Diluted	33,343	32,557	33,033	32,548
Dividends paid per share:	$0.15	$0.06	$0.30	$1.38

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement Of Income And Comprehensive Income [Abstract]	'	'	'	'
Net income	$9,776	$6,471	$28,417	$46,819
Other comprehensive income:	'	'	'	'
Foreign currency adjustments	'	'	'	4,904
Total other comprehensive income	'	'	'	4,904
Comprehensive income	$9,776	$6,471	$28,417	$51,723

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Operating	'	'
Net income	$28,417	$46,819
Adjustments to reconcile net income to net cash flows provided by operating activities:	'	'
Depreciation and amortization	9,136	12,747
Deferred income taxes	345	-1,934
(Gain) loss on disposal of fixed assets	-29	493
Loss (gain) on disposal of Americas data assets	1,081	-23,171
Gain on disposal of discontinued operations	'	-783
Non-cash share-based compensation	3,268	5,169
Gain on intercompany foreign exchange transactions	'	56
Excess tax (benefit) deficiency associated with share-based payments	-896	982
Changes in assets and liabilities:	'	'
Receivables	-9,100	-3,636
Other current assets	-1,340	1,340
Other noncurrent assets	210	-147
Accounts payable	-162	-739
Accrued liabilities	-138	3,552
Net cash provided by operating activities	30,792	40,748
Investing	'	'
Purchase of equipment	-6,279	-9,906
Proceeds from sale of equipment	41	28
Proceeds from disposition of discontinued operations, net of transaction costs	'	9,698
Proceeds from disposition of Americas data assets, net of transaction costs	'	37,092
(Increase) decrease in restricted cash	-220	837
Net cash (used for) provided by investing activities	-6,458	37,749
Financing	'	'
Proceeds from the exercise of stock options	7,728	279
Restricted shares withheld to cover employee taxes paid	-686	-508
Dividends Paid	-9,900	-44,145
Payments made for repurchase of common stock	'	-1,565
Excess tax benefit (deficiency) associated with share-based payments	896	-982
Net cash used for financing activities	-1,962	-46,921
Effect of exchange rate changes on cash	'	6
Net increase in cash and cash equivalents	22,372	31,582
Cash and cash equivalents — Beginning	77,004	31,479
Cash and cash equivalents — End	99,376	63,061
Supplemental disclosure of cash flow information:	'	'
Cash paid for taxes	20,053	6,070
Supplemental disclosure of noncash flow items:	'	'
Investing activity — Accrued purchases of equipment	$1,410	$1,372

DESCRIPTION_OF_THE_BUSINESS

DESCRIPTION OF THE BUSINESS	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
DESCRIPTION OF THE BUSINESS	'
	1. DESCRIPTION OF THE BUSINESS
	Organization — Inteliquent, Inc. (the Company) provides voice telecommunications services primarily on a wholesale basis. The Company offers these services using an all-IP network, which enables the Company to deliver global connectivity for a variety of media, including voice and, historically, data and video. The Company’s solutions enable carriers and other providers to deliver voice traffic or other services where they do not have their own network or elect not to use their own network. These solutions are sometimes called “off-net” services.
	On April 30, 2013, the Company sold its global data business to Global Telecom & Technology, Inc. (GTT) for $54.5 million, subject to certain adjustments. The total consideration consisted of $52.5 million in cash, subject to net working capital adjustments, and $2.0 million of non-cash commercial IP Transit and point-to-point Ethernet data network services to be provided to the Company by GTT free-of-charge for a three-year period. The $2.0 million of non-cash commercial services was calculated based upon the discounted present value of the market cost of such services as of the date on which the commercial services agreement was signed with GTT. In addition, the Company recorded in its condensed consolidated statement of income, as part of its gain amount on the sale of its global data business, approximately $2.4 million for divestiture-related costs, including legal and advisory services.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Principles of Consolidation — The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
	Interim Condensed Consolidated Financial Statements — The accompanying condensed consolidated balance sheets as of September 30, 2014 and December 31, 2013, the condensed consolidated statements of income for the three and nine months ended September 30, 2014 and 2013, the condensed consolidated statements of comprehensive income for the three and nine months ended September 30, 2014 and 2013, and the condensed consolidated statements of cash flows for the nine months ended September 30, 2014 and 2013 are unaudited. The condensed consolidated balance sheet data as of December 31, 2013 was derived from the audited consolidated financial statements which are included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013. The accompanying condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013.
	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (GAAP) pursuant to the rules and regulations of the Securities and Exchange Commission applicable to interim periods. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations.
	In the opinion of management, the unaudited interim condensed consolidated financial statements as of September 30, 2014 and for the three and nine months ended September 30, 2014 and 2013 have been prepared on the same basis as the audited consolidated statements and reflect all adjustments, which are normal recurring adjustments, necessary for the fair presentation of its statement of financial position, results of operations and cash flows. The results of operations for the three and nine months ended September 30, 2014 are not necessarily indicative of the operating results for any subsequent quarter, for the full fiscal year or any future periods.
	Changes in Presentation — On April 30, 2013, the Company sold its global data business to GTT for $54.5 million, subject to certain adjustments. The Company determined that the appropriate level in which to assess discontinued operations was at its reporting unit level. As such, the Company’s Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) reporting units of the global data business consist of results of operations and cash flows that can be clearly distinguished from the rest of the entity and are therefore reflected in the condensed consolidated statements of income and in the condensed consolidated balance sheets as discontinued operations. Historical information related to these reporting units have been reclassified accordingly. The Americas reporting unit of the global data business does not consist of results of operations and cash flows that can be clearly distinguished, operationally and for financial reporting purposes, from the rest of the entity. This reporting unit does not qualify for discontinued operations accounting treatment. Therefore, the Americas reporting unit of the global data business is reported in continuing operations in the condensed consolidated statements of income and in the condensed consolidated balance sheets. Refer to Note 9, “Business Disposition,” for more information regarding the sale of the global data business.
	Cash and Cash Equivalents — The Company considers all highly liquid investments with an original maturity of 90 days or less to be cash and cash equivalents. The carrying values of the Company’s cash and cash equivalents approximate fair value. At September 30, 2014, the Company had $37.5 million of cash in banks and $61.8 million in three money market mutual funds. At December 31, 2013, the Company had $35.2 million of cash in banks and $41.8 million in three money market mutual funds.
	Fair Value Measurements — Certain assets and liabilities are required to be recorded at fair value on a recurring basis. Fair value is determined based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. Assets measured at fair value on a nonrecurring basis include long-lived assets held and used. The fair value of cash and cash equivalents, accounts receivable and accounts payable approximate their carrying values. The three-tier value hierarchy, which prioritizes valuation methodologies based on the reliability of the inputs, is:
	Level 1— Valuations based on quoted prices for identical assets and liabilities in active markets.
	Level 2— Valuations based on observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data.
	Level 3— Valuations based on unobservable inputs reflecting the Company’s own assumptions, consistent with reasonably available assumptions made by other market participants.
	Property and Equipment — Property and equipment is recorded at cost. These values are depreciated over the estimated useful lives of the individual assets using the straight-line method. Any gains and losses from the disposition of property and equipment are included in operations as incurred. The estimated useful life for network equipment and tools and test equipment is five years. The estimated useful life for computer equipment, computer software and furniture and fixtures is three years. Leasehold improvements are amortized on a straight-line basis over an estimated useful life of five years or the life of the lease, whichever is less. The impairment of long-lived assets is periodically evaluated when events or changes in circumstances indicate that a potential impairment has occurred.
	Revenue Recognition — The Company generates revenue from sales of its voice services. The Company maintains tariffs and executed service agreements with each of its customers in which specific fees and rates are determined. Voice revenue is recorded each month on an accrual basis based upon minutes of traffic switched by the Company’s network by each customer, which is referred to as minutes of use. The rates charged per minute are determined by contracts between the Company and its customers, or by filed and effective tariffs.
	Prior to the sale of the Company’s global data business in April 2013, IP Transit and Ethernet services revenues related to the Company’s Americas reporting unit for the first four months of 2013 were recorded each month on an accrual basis based upon bandwidth used by each customer. The rates charged were the total of a monthly fee for bandwidth (the Committed Traffic Rate) plus additional charges for the sustained peak bandwidth used monthly in excess of the Committed Traffic Rate.
	Earnings (Loss) per Share — Basic earnings (loss) per share is computed based on the weighted average number of common shares and participating securities outstanding. Diluted earnings (loss) per share is computed based on the weighted average number of common shares and participating securities outstanding adjusted by the number of additional shares that would have been outstanding during the period had the potentially dilutive securities been issued. Because the Company has capital that is made up of both common shares and participating securities (non-vested shares), it is required to utilize the two-class method to calculate basic and diluted earnings (loss) per share. During the nine months periods ended September 30, 2013, the Company distributed more cash, in the form of a dividend, than its current earnings for these periods, which resulted in negative undistributed earnings.
	The following table presents a reconciliation of the numerators and denominators of basic and diluted earnings (loss) per share of common stock based upon the two-class method:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
	(In thousands, except per share amounts)	2014		2013		2014		2013
	Numerator:
	Income from continuing operations	$	9,776	$	6,550	$	28,417	$	53,138
	Loss from discontinued operations, net of income tax provision		—		68		—		7,102
	Loss (gain) on disposal of discontinued operations		—		11		—		(783	)
	Net income	$	9,776	$	6,471	$	28,417	$	46,819
	Denominator:
	Weighted average common shares outstanding		33,115		32,262		32,743		32,344
	Effect of dilutive securities:
	Stock options		228		295		290		204
	Denominator for diluted earnings per share		33,343		32,557		33,033		32,548
	Earnings per share - continuing operations
	Basic - as reported	$	0.3	$	0.2	$	0.87	$	1.64
	Diluted - as reported	$	0.29	$	0.2	$	0.86	$	1.63
	Loss per share - discontinued operations
	Basic - as reported	$	—	$	—	$	—	$	(0.20	)
	Diluted - as reported	$	—	$	—	$	—	$	(0.19	)
	Earnings per share - net income
	Basic - as reported	$	0.3	$	0.2	$	0.87	$	1.45
	Diluted - as reported	$	0.29	$	0.2	$	0.86	$	1.44
	Certain awards were not included in the computation of diluted earnings per share because the effect would have been antidilutive. Outstanding share-based awards of $1.5 million for both the three and nine months ended September 30, 2014 were considered antidilutive. Outstanding share-based awards of $2.4 million for both the three and nine months ended September 30, 2013 were considered antidilutive.
	The undistributed earnings allocable to participating securities were $0.1 million and $0.3 million for the three months and nine months ended September 30, 2014, respectively. The undistributed earnings allocable to participating securities were $0.1 million and less than $0.1 million for the three months and nine months ended September 30, 2013, respectively.
	Accounting for Stock-Based Compensation — The fair value of stock options is determined using the Black-Scholes valuation model. This model takes into account the exercise price of the stock option, the fair value of the common stock underlying the stock option as measured on the date of grant and an estimation of the volatility of the common stock underlying the stock option. Such value is recognized as expense over the service period, net of estimated forfeitures, using the straight line method. The estimation of stock awards that will ultimately vest requires judgment, and to the extent actual results or updated estimates differ from the Company’s current estimates, such amounts will be recorded as a cumulative adjustment in the period estimates are revised. The Company considers many factors when estimating expected forfeitures, including types of awards, employee class and historical experience. Actual results, and future changes in estimates, may differ from the Company’s current estimates.
	The amount of non-cash share-based expense recorded in the three months ended September 30, 2014 and 2013 was $1.2 million and $1.3 million, respectively. The amount of non-cash share-based expense recorded in the nine months ended September 30, 2014 and 2013 was $3.3 million and $5.2 million, respectively.
	Compensation expense for non-vested shares is measured based upon the quoted closing market price for the stock on the date of grant. The compensation cost is recognized on a straight-line basis over the vesting period. Refer to Note 5, “Stock Options and Non-Vested Shares.”
	Stock Repurchase — On August 7, 2012, the Company announced that its Board of Directors authorized the repurchase of up to $50.0 million of its outstanding common stock as part of a stock repurchase program. During the nine months ended September 30, 2013, the Company repurchased approximately 0.3 million shares for $1.6 million under the program at an average cost of $5.80 per share. The Company funded the purchase of the common shares using cash on hand. The stock repurchase was accounted for under the cost method, whereby the entire cost of the repurchased shares was recorded to treasury stock.
	Foreign Currency Translation — As a result of the sale of the global data business, the Company now operates substantially within the United States and is no longer exposed to any material foreign currency risk.
	Recent Accounting Pronouncements — In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers, which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. The ASU is based on the principle that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to fulfill a contract. Entities have the option of using either a full retrospective or a modified retrospective approach for the adoption of the new standard. The ASU is effective for annual reporting periods beginning after December 15, 2016 and early adoption is not permitted. The Company has assessed the impact of this standard and does not believe that it will have a material impact on the Company’s financial position, results of operations or cash flows.
	In August 2014, the FASB issued ASU No. 2014-15, Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern, which requires management to assess, at each annual and interim reporting period, the entity's ability to continue as a going concern within one year after the date that the financial statements are issued and provide related disclosures. The new standard will be effective for us for the year ended December 31, 2016, with early adoption permitted. The Company has assessed the impact of this standard and does not believe that it will have a material impact on the Company’s consolidated financial statements or disclosures.

LEGAL_PROCEEDINGS

LEGAL PROCEEDINGS	9 Months Ended
	Sep. 30, 2014
Commitments And Contingencies Disclosure [Abstract]	'
LEGAL PROCEEDINGS	'
	3. LEGAL PROCEEDINGS
	From time to time, the Company is a party to legal proceedings arising in the normal course of its business. The Company does not believe that it is a party to any pending legal action that could reasonably be expected to have a material effect on its business or operating results, financial position or cash flows.

INCOME_TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	4. INCOME TAXES
	Income taxes were computed using an effective tax rate, which is subject to ongoing review and evaluation by the Company. The Company’s estimated effective income tax rate was 38.5% and 39.2% for the three and nine months ended September 30, 2014, compared to 38.9% and 13.8% for the same respective periods last year.
	The difference in the effective tax rate for the three and nine months ended September 30, 2014 as compared to the three and nine months ended September 30, 2013 is due primarily to the tax impact of the sale of the data business in the prior year.
	The Company has recorded a valuation allowance against the capital loss created by the sale of its global data business and the Illinois EDGE Credit. The Company believes it is more likely than not that these assets will not be fully realized in the foreseeable future. The realization of deferred tax assets is dependent upon whether the Company can generate future taxable income in the appropriate character and jurisdiction to utilize the assets. The amount of the deferred tax assets considered realizable is subject to adjustment in future periods.

STOCK_OPTIONS_AND_NONVESTED_SH

STOCK OPTIONS AND NON-VESTED SHARES	9 Months Ended
	Sep. 30, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'
STOCK OPTIONS AND NON-VESTED SHARES	'
	5. STOCK OPTIONS AND NON-VESTED SHARES
	In 2003, the Company established the 2003 Stock Option and Stock Incentive Plan (2003 Plan), which provided for the issuance of up to 4.7 million options and non-vested shares to eligible employees and officers of the Company. In 2007, the Company adopted the 2007 Equity Incentive Plan (2007 Plan) and ceased awarding equity grants under the 2003 Plan. As of September 30, 2014, the Company had granted a total of 2.1 million options and 0.5 million non-vested shares that remained outstanding under the 2007 Plan. Awards for 1.6 million shares, representing approximately 5.0% of the Company’s outstanding common stock as of September 30, 2014, remained available for additional grants under the 2007 Plan.
	The Company records non-cash share-based compensation expense in connection with any grant of options and non-vested shares to its employees. The Company calculates the expense associated with its stock options and non-vested shares by determining the fair value of the options and non-vested shares.
	Options
	All options granted under the 2003 Plan and the 2007 Plan have an exercise price equal to the market value of the underlying common stock on the date of the grant. During the three months ended September 30, 2014, the Company did not grant any options. During the nine months ended September 30, 2014, the Company granted less than 0.1 million options at a weighted average exercise price of $13.86. During the three months ended September 30, 2013, the Company did not grant any options. During the nine months ended September 30, 2013, the Company granted 0.7 million options at a weighted average exercise price of $3.40.
	The fair value of each option granted is estimated on the date of grant using the Black-Scholes option-pricing model.  The following table summarizes the assumptions used for estimating the fair value of options for the nine months ended September 30, 2014 and September 30, 2013:
		September 30,			September 30,
		2014			2013
	Expected life	7.2 years			7.3 years
	Risk-free interest rate		2.10%			1.30%
	Expected dividends		2.10%			0.00%
	Volatility		60.00%			45.00%
	The weighted average fair value of options granted, as determined by using the Black-Scholes valuation model, during the nine months ended September 30, 2014 and 2013 was $6.90 and $1.64, respectively. The total grant date fair value of options that vested during the nine months ended September 30, 2014 and 2013 was approximately $0.9 million and $2.2 million, respectively. The total intrinsic value (market value of stock option less option exercise price) of stock options exercised was $3.0 million and $0.7 million during the nine months ended September 30, 2014 and 2013, respectively.
	The following table summarizes activity under the Company’s stock option plan for the nine months ended September 30, 2014:
					Weighted		Aggregate		Weighted
					Average		Intrinsic		Average
		Shares			Exercise		Value		Remaining
		0			Price		$0		Term (yrs)
	Options outstanding — January 1, 2014		2,991		$	12.91
	Granted		40			13.86
	Exercised		(739	)		10.51
	Cancelled		(221	)		20.08
	Options outstanding — September 30, 2014		2,071		$	13.03	$	5,095		5.21
	Vested or expected to vest — September 30, 2014		2,058		$	13.08	$	4,990		5.19
	Exercisable — September 30, 2014		1,547		$	15.98	$	783		4.16
	The unrecognized compensation cost associated with options outstanding at September 30, 2014 and December 31, 2013 was $1.2 million and $1.7 million, respectively. The weighted average remaining term that the compensation will be recorded is 2.1 years and 2.1 years as of September 30, 2014 and December 31, 2013, respectively.
	Non-vested Shares
	During the three and nine months ended September 30, 2014, the Company granted less than 0.1 million and 0.2 million of non-vested shares, respectively, to members of the Company’s executive management team as well as various employees within the Company. During the three and nine months ended September 30, 2013, the Company granted less than 0.1 million and 0.3 million non-vested shares, respectively, to members of the Company’s executive management team as well as various employees within the Company. The non-vested shares were issued as part of the 2007 Plan. The shares typically vest over a four-year period. The fair value of the non-vested shares is determined using the Company’s closing stock price on the grant date. Compensation cost, measured using the grant date fair value, is recognized over the requisite service period on a straight-line basis.
	A summary of the Company’s non-vested share activity and related information for the nine months ended September 30, 2014 is as follows:
					Weighted		Aggregate
					Average		Intrinsic
		Shares			Grant Date		Value
		0			Fair Value		$0
	Non-vested shares outstanding — January 1, 2014		477		$	9.66
	Granted		216			12.82
	Vested		(234	)		10.12
	Cancelled		—			—
	Non-vested shares outstanding — September 30, 2014		459		$	10.91	$	5,715
	Non-vested shares vested or expected to vest —September 30, 2014		429		$	10.91	$	5,341
	The aggregate intrinsic value represents the total pre-tax intrinsic value based on the Company’s closing stock price of $12.45 on September 30, 2014. The amount changes based upon the fair market value of the Company’s common stock.
	The unrecognized compensation cost associated with non-vested shares was $3.9 million at both September 30, 2014 and December 31, 2013. The weighted average remaining term that the compensation will be recorded was 2.0 years and 1.7 years as of September 30, 2014 and December 31, 2013, respectively.

FAIR_VALUE_MEASUREMENT

FAIR VALUE MEASUREMENT	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
FAIR VALUE MEASUREMENT	'
	6. FAIR VALUE MEASUREMENT
	The Company’s money market funds are recognized and disclosed at fair value in the financial statements on a recurring basis. Fair value is defined as the price that would be received to sell an asset in an orderly transaction between market participants as of the measurement date. Fair value is measured using the fair value hierarchy and related valuation methodologies as defined in the authoritative literature. This guidance specifies a hierarchy of valuation techniques based on whether the inputs to each measurement are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s assumptions about current market conditions. The prescribed fair value hierarchy and related valuation methodologies are as follows:
	Level 1 - Quoted prices for identical instruments in active markets.
	Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations, in which all significant inputs are observable in active markets.
	Level 3 - Valuations derived from valuation techniques, in which one or more significant inputs are unobservable.
	The fair value of the Company’s financial asset by level in the fair value hierarchy as of September 30, 2014 and December 31, 2013 was as follows:
	30-Sep-14	Level 1		Level 2		Level 3		Total
	Assets:
	Money Market Funds	$	61,831	$	—	$	—	$	61,831
	31-Dec-13	Level 1		Level 2		Level 3		Total
	Assets:
	Money Market Funds	$	41,827	$	—	$	—	$	41,827
	Valuation methodology
	Level 1—Quoted market prices in active markets are available for investments in money market funds. As such, these investments are classified within Level 1.

CREDIT_FACILITY

CREDIT FACILITY	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
CREDIT FACILITY	'
	7. CREDIT FACILITY
	On March 5, 2013, the Company entered into a $15.0 million revolving credit facility. The credit facility has a term of three years and an interest rate of LIBOR + 3.25%. The Company may use any borrowings under the revolving credit facility for general corporate purposes. No obligations were outstanding under the revolving credit facility at any time during the year ended December 31, 2013 or during the nine months ended September 30, 2014. As of September 30, 2014, the Company is currently in compliance with all of the covenants of the credit facility agreement.

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	'
	8. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
	There were no balances of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2014. Changes in the balance of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2013 are summarized in the following table:
		30-Sep-13
		Three Months		Nine Months
	(In thousands)	Ended		Ended
	Beginning balance	$	—	$	(4,904	)
	Other comprehensive loss before reclassifications		—		(29	)
	Less: Amounts reclassified from AOCI
	Foreign currency adjustments		—		(4,933	)
	Net other comprehensive income		—		4,904
	Ending balance	$	—	$	—

BUSINESS_DISPOSITION

BUSINESS DISPOSITION	9 Months Ended
	Sep. 30, 2014
Discontinued Operations And Disposal Groups [Abstract]	'
BUSINESS DISPOSITION	'
	9. BUSINESS DISPOSITION
	On April 30, 2013, the Company sold its global data business to GTT and, as a result, no longer provides data services. The transaction consisted of the Americas, EMEA and APAC reporting units’ data assets and liabilities. The Americas reporting unit of the global data business did not qualify for discontinued operations because it did not constitute a separate component of the Company. The data activity associated with the Americas reporting unit is reported in continuing operations in the consolidated statements of income and consolidated balance sheets. The data activity associated with the EMEA and APAC reporting units is reflected in the consolidated statements of income and in the consolidated balance sheets as discontinued operations. Historical information related to these reporting units has been reclassified accordingly.
	The Company sold its global data business for $54.5 million which consisted of $52.5 million in cash, subject to net working capital adjustments, and $2.0 million of non-cash commercial services to be provided by GTT to the Company over a three-year period. After an initial net working capital reduction of $3.3 million based on the balance sheet information as of March 31, 2013, the Company received $51.2 million of cash and non-cash services from GTT. Transaction costs and the additional net working capital adjustment, resulting from balance sheet changes during the month of April following the initial calculation, amounted to approximately $2.4 million and $1.0 million, respectively, reducing net cash and non-cash consideration to approximately $47.8 million. Of this amount, $43.5 million was allocated to the sale of the Americas reporting unit of the global data business and the remaining amount of $4.3 million was allocated to the EMEA and APAC reporting units of the global data business. The Company based its allocation of the $47.8 million amount based upon the relative percentage of the fair value of the Americas reporting unit and the EMEA and APAC reporting units, to the total fair value of these three reporting units combined.
	The Company and GTT disagreed over the amount of certain post-closing purchase price adjustment provisions in the agreement governing the sale of the Company’s global data business to GTT. GTT claimed that the Company owed GTT $3.8 million. The Company, however, believed that GTT owed the Company $1.1 million. During the first quarter of 2014, the parties tentatively agreed to resolve their differences with respect to the post-closing adjustments to the purchase price in a manner that would require neither party to make a payment to the other and would waive all other claims. As a result of the tentative agreement, the Company reduced other assets by $1.1 million and charged $1.1 million to continuing operations within loss on sale of Americas data assets. During the third quarter of 2014, the agreement was finalized. There were no accounting impacts as a result of the final agreement.
	Disposition Not Qualifying for Discontinued Operations
	The Americas reporting unit assets, which were sold as part of the sale of the global data business, had an approximate net book value of $14.7 million at the time of the sale. The purchase price allocation of $37.9 million for this portion of the global data business, reflected as of June 30, 2013, less its net book basis of assets and liabilities yielded a gain from sale of $23.2 million. As a result of a final true-up to the purchase price allocation recorded in the three months ended December 31, 2013, the gain from sale of $23.2 million increased by $5.6 million, bringing the cumulative gain to $28.8 million. As a result, the gain on sale of discontinued operations at June 30, 2013 of $0.8 million decreased $5.6 million to a loss on sale of discontinued operations of $4.8 million at December 31, 2013.
	Discontinued Operations
	The net book basis of the assets and liabilities for the EMEA and APAC reporting units of the global data business at the date of sale was approximately $10.1 million. In addition, the Company was entitled to approximately $1.0 million of cash that remained with the EMEA and APAC reporting units of the global data business at the time of the transaction. The purchase price allocation of $4.3 million for this portion of the global data business plus the additional $1.0 million of cash yielded a loss on the sale from discontinued operations of $4.8 million.
	The following table displays summarized activity in the Company’s condensed consolidated statements of income for discontinued operations during the three and nine months ended September 30, 2013.
		30-Sep-13
		Three Months		Nine Months
	(In thousands)	Ended		Ended
	Revenue	$	—	$	13,493
	Operating loss		68		6,376
	Loss before income taxes		68		6,875
	Provision for income tax		—		227
	Loss from discontinued operations		68		7,102
	Loss (gain) on disposal of discontinued operations	$	11	$	(783	)

SEGMENT_AND_GEOGRAPHIC_INFORMA

SEGMENT AND GEOGRAPHIC INFORMATION	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
SEGMENT AND GEOGRAPHIC INFORMATION	'
	10. SEGMENT AND GEOGRAPHIC INFORMATION
	Segment reporting establishes standards for reporting information about operating segments. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision making group, in deciding how to allocate resources and in assessing performance.
	The Company’s chief operating decision maker is the Chief Executive Officer. The Chief Executive Officer reviews financial information presented on a consolidated basis. The Company operates in one industry segment which is to provide voice interconnection services via the Company’s international telecommunications network to fulfill customer agreements. Therefore, the Company has concluded that it has one operating segment.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Principles of Consolidation	'
	Principles of Consolidation — The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
	Interim Condensed Consolidated Financial Statements — The accompanying condensed consolidated balance sheets as of September 30, 2014 and December 31, 2013, the condensed consolidated statements of income for the three and nine months ended September 30, 2014 and 2013, the condensed consolidated statements of comprehensive income for the three and nine months ended September 30, 2014 and 2013, and the condensed consolidated statements of cash flows for the nine months ended September 30, 2014 and 2013 are unaudited. The condensed consolidated balance sheet data as of December 31, 2013 was derived from the audited consolidated financial statements which are included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013. The accompanying condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013.
	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (GAAP) pursuant to the rules and regulations of the Securities and Exchange Commission applicable to interim periods. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations.
	In the opinion of management, the unaudited interim condensed consolidated financial statements as of September 30, 2014 and for the three and nine months ended September 30, 2014 and 2013 have been prepared on the same basis as the audited consolidated statements and reflect all adjustments, which are normal recurring adjustments, necessary for the fair presentation of its statement of financial position, results of operations and cash flows. The results of operations for the three and nine months ended September 30, 2014 are not necessarily indicative of the operating results for any subsequent quarter, for the full fiscal year or any future periods.
Changes in Presentation	'
	Changes in Presentation — On April 30, 2013, the Company sold its global data business to GTT for $54.5 million, subject to certain adjustments. The Company determined that the appropriate level in which to assess discontinued operations was at its reporting unit level. As such, the Company’s Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) reporting units of the global data business consist of results of operations and cash flows that can be clearly distinguished from the rest of the entity and are therefore reflected in the condensed consolidated statements of income and in the condensed consolidated balance sheets as discontinued operations. Historical information related to these reporting units have been reclassified accordingly. The Americas reporting unit of the global data business does not consist of results of operations and cash flows that can be clearly distinguished, operationally and for financial reporting purposes, from the rest of the entity. This reporting unit does not qualify for discontinued operations accounting treatment. Therefore, the Americas reporting unit of the global data business is reported in continuing operations in the condensed consolidated statements of income and in the condensed consolidated balance sheets. Refer to Note 9, “Business Disposition,” for more information regarding the sale of the global data business.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents — The Company considers all highly liquid investments with an original maturity of 90 days or less to be cash and cash equivalents. The carrying values of the Company’s cash and cash equivalents approximate fair value. At September 30, 2014, the Company had $37.5 million of cash in banks and $61.8 million in three money market mutual funds. At December 31, 2013, the Company had $35.2 million of cash in banks and $41.8 million in three money market mutual funds.
Fair Value Measurements	'
	Fair Value Measurements — Certain assets and liabilities are required to be recorded at fair value on a recurring basis. Fair value is determined based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. Assets measured at fair value on a nonrecurring basis include long-lived assets held and used. The fair value of cash and cash equivalents, accounts receivable and accounts payable approximate their carrying values. The three-tier value hierarchy, which prioritizes valuation methodologies based on the reliability of the inputs, is:
	Level 1— Valuations based on quoted prices for identical assets and liabilities in active markets.
	Level 2— Valuations based on observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data.
	Level 3— Valuations based on unobservable inputs reflecting the Company’s own assumptions, consistent with reasonably available assumptions made by other market participants.
Property and Equipment	'
	Property and Equipment — Property and equipment is recorded at cost. These values are depreciated over the estimated useful lives of the individual assets using the straight-line method. Any gains and losses from the disposition of property and equipment are included in operations as incurred. The estimated useful life for network equipment and tools and test equipment is five years. The estimated useful life for computer equipment, computer software and furniture and fixtures is three years. Leasehold improvements are amortized on a straight-line basis over an estimated useful life of five years or the life of the lease, whichever is less. The impairment of long-lived assets is periodically evaluated when events or changes in circumstances indicate that a potential impairment has occurred.
Revenue Recognition	'
	Revenue Recognition — The Company generates revenue from sales of its voice services. The Company maintains tariffs and executed service agreements with each of its customers in which specific fees and rates are determined. Voice revenue is recorded each month on an accrual basis based upon minutes of traffic switched by the Company’s network by each customer, which is referred to as minutes of use. The rates charged per minute are determined by contracts between the Company and its customers, or by filed and effective tariffs.
	Prior to the sale of the Company’s global data business in April 2013, IP Transit and Ethernet services revenues related to the Company’s Americas reporting unit for the first four months of 2013 were recorded each month on an accrual basis based upon bandwidth used by each customer. The rates charged were the total of a monthly fee for bandwidth (the Committed Traffic Rate) plus additional charges for the sustained peak bandwidth used monthly in excess of the Committed Traffic Rate.
Earnings (Loss) Per Share	'
	Earnings (Loss) per Share — Basic earnings (loss) per share is computed based on the weighted average number of common shares and participating securities outstanding. Diluted earnings (loss) per share is computed based on the weighted average number of common shares and participating securities outstanding adjusted by the number of additional shares that would have been outstanding during the period had the potentially dilutive securities been issued. Because the Company has capital that is made up of both common shares and participating securities (non-vested shares), it is required to utilize the two-class method to calculate basic and diluted earnings (loss) per share. During the nine months periods ended September 30, 2013, the Company distributed more cash, in the form of a dividend, than its current earnings for these periods, which resulted in negative undistributed earnings.
	The following table presents a reconciliation of the numerators and denominators of basic and diluted earnings (loss) per share of common stock based upon the two-class method:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
	(In thousands, except per share amounts)	2014		2013		2014		2013
	Numerator:
	Income from continuing operations	$	9,776	$	6,550	$	28,417	$	53,138
	Loss from discontinued operations, net of income tax provision		—		68		—		7,102
	Loss (gain) on disposal of discontinued operations		—		11		—		(783	)
	Net income	$	9,776	$	6,471	$	28,417	$	46,819
	Denominator:
	Weighted average common shares outstanding		33,115		32,262		32,743		32,344
	Effect of dilutive securities:
	Stock options		228		295		290		204
	Denominator for diluted earnings per share		33,343		32,557		33,033		32,548
	Earnings per share - continuing operations
	Basic - as reported	$	0.3	$	0.2	$	0.87	$	1.64
	Diluted - as reported	$	0.29	$	0.2	$	0.86	$	1.63
	Loss per share - discontinued operations
	Basic - as reported	$	—	$	—	$	—	$	(0.20	)
	Diluted - as reported	$	—	$	—	$	—	$	(0.19	)
	Earnings per share - net income
	Basic - as reported	$	0.3	$	0.2	$	0.87	$	1.45
	Diluted - as reported	$	0.29	$	0.2	$	0.86	$	1.44
	Certain awards were not included in the computation of diluted earnings per share because the effect would have been antidilutive. Outstanding share-based awards of $1.5 million for both the three and nine months ended September 30, 2014 were considered antidilutive. Outstanding share-based awards of $2.4 million for both the three and nine months ended September 30, 2013 were considered antidilutive.
	The undistributed earnings allocable to participating securities were $0.1 million and $0.3 million for the three months and nine months ended September 30, 2014, respectively. The undistributed earnings allocable to participating securities were $0.1 million and less than $0.1 million for the three months and nine months ended September 30, 2013, respectively.
Accounting for Share-Based Payments	'
	Accounting for Stock-Based Compensation — The fair value of stock options is determined using the Black-Scholes valuation model. This model takes into account the exercise price of the stock option, the fair value of the common stock underlying the stock option as measured on the date of grant and an estimation of the volatility of the common stock underlying the stock option. Such value is recognized as expense over the service period, net of estimated forfeitures, using the straight line method. The estimation of stock awards that will ultimately vest requires judgment, and to the extent actual results or updated estimates differ from the Company’s current estimates, such amounts will be recorded as a cumulative adjustment in the period estimates are revised. The Company considers many factors when estimating expected forfeitures, including types of awards, employee class and historical experience. Actual results, and future changes in estimates, may differ from the Company’s current estimates.
	The amount of non-cash share-based expense recorded in the three months ended September 30, 2014 and 2013 was $1.2 million and $1.3 million, respectively. The amount of non-cash share-based expense recorded in the nine months ended September 30, 2014 and 2013 was $3.3 million and $5.2 million, respectively.
	Compensation expense for non-vested shares is measured based upon the quoted closing market price for the stock on the date of grant. The compensation cost is recognized on a straight-line basis over the vesting period. Refer to Note 5, “Stock Options and Non-Vested Shares.”
Stock Repurchase	'
	Stock Repurchase — On August 7, 2012, the Company announced that its Board of Directors authorized the repurchase of up to $50.0 million of its outstanding common stock as part of a stock repurchase program. During the nine months ended September 30, 2013, the Company repurchased approximately 0.3 million shares for $1.6 million under the program at an average cost of $5.80 per share. The Company funded the purchase of the common shares using cash on hand. The stock repurchase was accounted for under the cost method, whereby the entire cost of the repurchased shares was recorded to treasury stock.
Foreign Currency Translation	'
	Foreign Currency Translation — As a result of the sale of the global data business, the Company now operates substantially within the United States and is no longer exposed to any material foreign currency risk.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements — In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers, which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. The ASU is based on the principle that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to fulfill a contract. Entities have the option of using either a full retrospective or a modified retrospective approach for the adoption of the new standard. The ASU is effective for annual reporting periods beginning after December 15, 2016 and early adoption is not permitted. The Company has assessed the impact of this standard and does not believe that it will have a material impact on the Company’s financial position, results of operations or cash flows.
	In August 2014, the FASB issued ASU No. 2014-15, Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern, which requires management to assess, at each annual and interim reporting period, the entity's ability to continue as a going concern within one year after the date that the financial statements are issued and provide related disclosures. The new standard will be effective for us for the year ended December 31, 2016, with early adoption permitted. The Company has assessed the impact of this standard and does not believe that it will have a material impact on the Company’s consolidated financial statements or disclosures.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Earnings (Loss) Per Share	'
	The following table presents a reconciliation of the numerators and denominators of basic and diluted earnings (loss) per share of common stock based upon the two-class method:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
	(In thousands, except per share amounts)	2014		2013		2014		2013
	Numerator:
	Income from continuing operations	$	9,776	$	6,550	$	28,417	$	53,138
	Loss from discontinued operations, net of income tax provision		—		68		—		7,102
	Loss (gain) on disposal of discontinued operations		—		11		—		(783	)
	Net income	$	9,776	$	6,471	$	28,417	$	46,819
	Denominator:
	Weighted average common shares outstanding		33,115		32,262		32,743		32,344
	Effect of dilutive securities:
	Stock options		228		295		290		204
	Denominator for diluted earnings per share		33,343		32,557		33,033		32,548
	Earnings per share - continuing operations
	Basic - as reported	$	0.3	$	0.2	$	0.87	$	1.64
	Diluted - as reported	$	0.29	$	0.2	$	0.86	$	1.63
	Loss per share - discontinued operations
	Basic - as reported	$	—	$	—	$	—	$	(0.20	)
	Diluted - as reported	$	—	$	—	$	—	$	(0.19	)
	Earnings per share - net income
	Basic - as reported	$	0.3	$	0.2	$	0.87	$	1.45
	Diluted - as reported	$	0.29	$	0.2	$	0.86	$	1.44

STOCK_OPTIONS_AND_NONVESTED_SH1

STOCK OPTIONS AND NON-VESTED SHARES (Tables)	9 Months Ended
	Sep. 30, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'
Assumptions Used to Estimate Fair Value of Stock Options	'
	The fair value of each option granted is estimated on the date of grant using the Black-Scholes option-pricing model.  The following table summarizes the assumptions used for estimating the fair value of options for the nine months ended September 30, 2014 and September 30, 2013:
		September 30,			September 30,
		2014			2013
	Expected life	7.2 years			7.3 years
	Risk-free interest rate		2.10%			1.30%
	Expected dividends		2.10%			0.00%
	Volatility		60.00%			45.00%
Stock Option Plan Activity	'
	The following table summarizes activity under the Company’s stock option plan for the nine months ended September 30, 2014:
					Weighted		Aggregate		Weighted
					Average		Intrinsic		Average
		Shares			Exercise		Value		Remaining
		0			Price		$0		Term (yrs)
	Options outstanding — January 1, 2014		2,991		$	12.91
	Granted		40			13.86
	Exercised		(739	)		10.51
	Cancelled		(221	)		20.08
	Options outstanding — September 30, 2014		2,071		$	13.03	$	5,095		5.21
	Vested or expected to vest — September 30, 2014		2,058		$	13.08	$	4,990		5.19
	Exercisable — September 30, 2014		1,547		$	15.98	$	783		4.16
Non-Vested Share Activity	'
	A summary of the Company’s non-vested share activity and related information for the nine months ended September 30, 2014 is as follows:
					Weighted		Aggregate
					Average		Intrinsic
		Shares			Grant Date		Value
		0			Fair Value		$0
	Non-vested shares outstanding — January 1, 2014		477		$	9.66
	Granted		216			12.82
	Vested		(234	)		10.12
	Cancelled		—			—
	Non-vested shares outstanding — September 30, 2014		459		$	10.91	$	5,715
	Non-vested shares vested or expected to vest —September 30, 2014		429		$	10.91	$	5,341

FAIR_VALUE_MEASUREMENT_Tables

FAIR VALUE MEASUREMENT (Tables)	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value of Company's Financial Assets by Level in Fair Value Hierarchy	'
	The fair value of the Company’s financial asset by level in the fair value hierarchy as of September 30, 2014 and December 31, 2013 was as follows:
	30-Sep-14	Level 1		Level 2		Level 3		Total
	Assets:
	Money Market Funds	$	61,831	$	—	$	—	$	61,831
	31-Dec-13	Level 1		Level 2		Level 3		Total
	Assets:
	Money Market Funds	$	41,827	$	—	$	—	$	41,827

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
Changes in Accumulated Other Comprehensive Loss	'
	Changes in the balance of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2013 are summarized in the following table:
		30-Sep-13
		Three Months		Nine Months
	(In thousands)	Ended		Ended
	Beginning balance	$	—	$	(4,904	)
	Other comprehensive loss before reclassifications		—		(29	)
	Less: Amounts reclassified from AOCI
	Foreign currency adjustments		—		(4,933	)
	Net other comprehensive income		—		4,904
	Ending balance	$	—	$	—

BUSINESS_DISPOSITION_Tables

BUSINESS DISPOSITION (Tables)	9 Months Ended
	Sep. 30, 2014
Discontinued Operations And Disposal Groups [Abstract]	'
Summarized Activity in Company's Consolidated Statements of Income and Summary of Assets and Liabilities for Discontinued Operations	'
	The following table displays summarized activity in the Company’s condensed consolidated statements of income for discontinued operations during the three and nine months ended September 30, 2013.
		30-Sep-13
		Three Months		Nine Months
	(In thousands)	Ended		Ended
	Revenue	$	—	$	13,493
	Operating loss		68		6,376
	Loss before income taxes		68		6,875
	Provision for income tax		—		227
	Loss from discontinued operations		68		7,102
	Loss (gain) on disposal of discontinued operations	$	11	$	(783	)

Description_of_the_Business_Ad

Description of the Business - Additional Information (Detail) (USD $)	0 Months Ended	9 Months Ended
	Apr. 30, 2013	Sep. 30, 2013
Business Combinations [Abstract]	'	'
Proceeds from sale of business	$54,500,000	'
Proceed from sale of business, cash	52,500,000	9,698,000
Sale of business non-cash consideration	2,000,000	'
Period of free service provided	'3 years	'
Divestiture related costs included in gain on sale of business	$2,400,000	'

Recovered_Sheet1

Summary of Significant Accounting Policies - Additional Information (Detail) (USD $)	0 Months Ended	3 Months Ended		9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Apr. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Aug. 07, 2012
		Investment		Investment		Investment
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'
Proceeds from sale of business	$54.50	'	'	'	'	'	'
Cash in banks	'	37.5	'	37.5	'	35.2	'
Money market mutual funds	'	61.8	'	61.8	'	41.8	'
Number of money market mutual fund invested	'	3	'	3	'	3	'
Maximum term for investments to be considered cash equivalents days	'	'	'	'90	'	'	'
Undistributed earnings (loss) allocable to participating securities	'	0.1	0.1	0.3	'	'	'
Share-based expense	'	1.2	1.3	3.3	5.2	'	'
Stock repurchase program, repurchase authorized	'	'	'	'	'	'	50
Stock repurchase program, shares repurchased	'	'	'	'	0.3	'	'
Stock repurchase program, shares repurchased amount	'	'	'	'	1.6	'	'
Stock repurchased during period, average cost per share	'	'	'	'	$5.80	'	'
Maximum	'	'	'	'	'	'	'
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'
Undistributed earnings (loss) allocable to participating securities	'	'	'	'	$0.10	'	'
Share-based awards	'	'	'	'	'	'	'
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'
Anti-dilutive securities not included in the computation of diluted earnings per share	'	1.5	2.4	1.5	2.4	'	'
Network Equipment And Tools And Test Equipment	'	'	'	'	'	'	'
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'
Estimated useful lives, years	'	'	'	'5 years	'	'	'
Furniture and fixtures	'	'	'	'	'	'	'
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'
Estimated useful lives, years	'	'	'	'3 years	'	'	'
Leasehold Improvements	'	'	'	'	'	'	'
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'
Estimated useful lives, description	'	'	'	'Five years or the life of the lease, whichever is less	'	'	'

Earnings_Per_Share_Detail

Earnings Per Share (Detail) (USD $)	0 Months Ended	3 Months Ended			8 Months Ended	9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Apr. 30, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2013
Accounting Policies [Abstract]	'	'	'	'	'	'	'
Income from continuing operations	'	$9,776	'	$6,550	'	$28,417	$53,138
Loss from discontinued operations, net of income tax provision	'	'	'	68	'	'	7,102
Loss (gain) on disposal of discontinued operations	-800	'	5,600	11	4,800	'	-783
Net income	'	$9,776	'	$6,471	'	$28,417	$46,819
Weighted average common shares outstanding	'	33,115	'	32,262	'	32,743	32,344
Stock options	'	228	'	295	'	290	204
Denominator for diluted earnings per share	'	33,343	'	32,557	'	33,033	32,548
Earnings per share - continuing operations:	'	'	'	'	'	'	'
Basic - as reported	'	$0.30	'	$0.20	'	$0.87	$1.64
Diluted - as reported	'	$0.29	'	$0.20	'	$0.86	$1.63
Loss per share - discontinued operations	'	'	'	'	'	'	'
Basic - as reported	'	'	'	'	'	'	($0.20)
Diluted - as reported	'	'	'	'	'	'	($0.19)
Earnings per share - net income:	'	'	'	'	'	'	'
Basic - as reported	'	$0.30	'	$0.20	'	$0.87	$1.45
Diluted - as reported	'	$0.29	'	$0.20	'	$0.86	$1.44

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'	'	'	'
Estimated effective income tax rate	38.50%	38.90%	39.20%	13.80%

Recovered_Sheet2

Stock Options and Non-Vested Shares - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'	'
Granted options outstanding	2,071,000	'	2,071,000	'	2,991,000
Non-vested granted shares remaining outstanding	459,000	'	459,000	'	477,000
Options granted	0	0	'	700,000	'
Weighted-average exercise price	'	'	$13.86	3.4	'
Weighted-average fair value of options granted	'	'	$6.90	1.64	'
Total grant date fair value of options granted	'	'	$0.90	2.2	'
Total intrinsic value of stock options exercised	'	'	3	0.7	'
Shares, Granted	'	'	216,000	'	'
Closing stock price	$12.45	'	$12.45	'	'
Stock Options	'	'	'	'	'
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'	'
Unrecognized compensation cost	1.2	'	1.2	'	1.7
Weighted average remaining term recorded for options, in years	'	'	'2 years 1 month 6 days	'	'2 years 1 month 6 days
Non-Vested Shares	'	'	'	'	'
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'	'
Weighted average remaining term recorded for options, in years	'	'	'2 years	'	'1 year 8 months 12 days
Non-vested shares, vesting period, years	'4 years	'4 years	'4 years	'4 years	'
Unrecognized compensation cost	$3.90	'	$3.90	'	$3.90
Maximum	'	'	'	'	'
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'	'
Options granted	'	'	100,000	'	'
Maximum | Non-Vested Shares	'	'	'	'	'
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'	'
Shares, Granted	100,000	100,000	'	300,000	'
2003 Plan	'	'	'	'	'
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'	'
Issuance of stock options and non-vested shares	4,700,000	'	4,700,000	'	'
2007 Plan	'	'	'	'	'
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'	'
Additional outstanding shares available for grant	1,600,000	'	1,600,000	'	'
Shares available for grant as a percentage of the Company's outstanding common stock	'	'	5.00%	'	'

Estimated_Fair_Value_of_Option

Estimated Fair Value of Options (Detail)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'	'
Expected life	'7 years 2 months 12 days	'7 years 3 months 18 days
Risk-free interest rate	2.10%	1.30%
Expected dividends	2.10%	0.00%
Volatility	60.00%	45.00%

Stock_Option_Plan_Activity_Det

Stock Option Plan Activity (Detail) (USD $)	9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'	'
Shares, Options outstanding beginning	2,991	'
Shares, Granted	40	'
Shares, Exercised	-739	'
Shares, Cancelled	-221	'
Shares, Options outstanding ending	2,071	'
Shares, Vested or expected to Vest	2,058	'
Shares, Exercisable	1,547	'
Weighted Average Exercise Price, Options outstanding beginning	$12.91	'
Weighted Average Exercise Price, Granted	$13.86	$3.40
Weighted Average Exercise Price, Exercised	$10.51	'
Weighted Average Exercise Price, Canceled	$20.08	'
Weighted Average Exercise Price, Options outstanding ending	$13.03	'
Weighted Average Exercise Price, Vested or expected to vest	$13.08	'
Weighted Average Exercise Price, Exercisable	$15.98	'
Aggregate Intrinsic Value, Options outstanding ending	$5,095	'
Aggregate Intrinsic Value, Vested or expected to vest	4,990	'
Aggregate Intrinsic Value, Exercisable	$783	'
Weighted Average Remaining Term, Options outstanding ending, years	'5 years 2 months 16 days	'
Weighted Average Remaining Term, vested or expected to vest, years	'5 years 2 months 9 days	'
Weighted Average Remaining Term, Exercisable, years	'4 years 1 month 28 days	'

NonVested_Share_Activity_Detai

Non-Vested Share Activity (Detail) (USD $)	9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'
Shares, Non-vested shares outstanding beginning	477,000
Shares, Granted	216,000
Shares, Vested	-234,000
Shares, Cancelled	0
Shares, Non-vested shares outstanding ending	459,000
Shares, Non-vested shares vested or expected to vest	429,000
Weighted Average Grant Date Fair Value, Non-vested shares outstanding beginning	$9.66
Weighted Average Grant Date Fair Value, Granted	$12.82
Weighted Average Grant Date Fair Value, Vested	$10.12
Weighted Average Grant Date Fair Value, Cancelled	$0
Weighted Average Grant Date Fair Value, Non-vested shares outstanding ending	$10.91
Weighted Average Grant Date Fair Value, Non-vested shares vested or expected to vest	$10.91
Aggregate Intrinsic Value, Non-vested shares outstanding ending	$5,715
Aggregate Intrinsic Value, Non-vested shares vested or expected to vest	$5,341

Fair_Value_of_Companys_Financi

Fair Value of Company's Financial Assets by Level in Fair Value Hierarchy (Detail) (Fair Value, Measurements, Recurring, Money Market Funds, USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets:	'	'
Assets, fair Value	$61,831	$41,827
Level 1	'	'
Assets:	'	'
Assets, fair Value	$61,831	$41,827

Credit_Facility_Additional_Inf

Credit Facility - Additional Information (Detail) (Revolving Credit Facility, USD $)	9 Months Ended			0 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013	Mar. 05, 2013	Mar. 05, 2013
				LIBOR
Line Of Credit Facility [Line Items]	'	'	'	'
Credit facility, maximum borrowing capacity	'	'	$15	'
Credit facility, maturity term	'3 years	'	'	'
Credit facility, interest rate	'	'	'	3.25%
Revolving credit facility outstanding	$0	$0	'	'

Recovered_Sheet3

Accumulated Other Comprehensive Loss - Additional Information (Detail) (USD $)	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]	'	'	'	'
Accumulated other comprehensive income (loss)	$0	$0	$0	($4,904)

Changes_in_Accumulated_Other_C

Changes in Accumulated Other Comprehensive Loss (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2014	Jun. 30, 2013
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]	'	'	'
Beginning balance	($4,904)	$0	$0
Other comprehensive loss before reclassifications	-29	'	'
Less: Amounts reclassified from AOCI Foreign currency adjustments	-4,933	'	'
Net other comprehensive income	4,904	'	'
Ending balance	$0	$0	$0

Business_Disposition_Additiona

Business Disposition - Additional Information (Detail) (USD $)	0 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended
	Apr. 30, 2013	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]	'	'	'	'	'	'
Proceeds from sale of business	$54,500,000	'	'	'	'	'
Proceed from sale of business, cash	52,500,000	'	'	'	'	9,698,000
Sale of business non-cash consideration	2,000,000	'	'	'	'	'
Period of free service provided	'3 years	'	'	'	'	'
Proceeds from business after working capital adjustment	3,300,000	'	'	'	'	'
Proceeds from sale of discontinued operations	51,200,000	'	'	'	'	'
Transaction costs from sale of business	2,400,000	'	'	'	'	'
Working capital adjustment	1,000,000	'	'	'	'	'
Proceeds from sale of asset held for sale	37,900,000	'	'	'	'	'
Proceeds from sale of business net of working capital adjustment and transaction cost	47,800,000	'	'	'	'	'
Claims pursuant to post closing purchase price adjustment by GTT	3,800,000	'	'	'	'	'
Due from GTT related to post closing purchase price adjustment	1,100,000	'	'	'	'	'
Reduction in other assets	'	'	'	'	1,340,000	-1,340,000
Gain (Loss) on sale of asset held for sale	23,200,000	5,600,000	'	28,800,000	-1,081,000	23,171,000
Book value of asset held for sale	14,700,000	'	'	'	'	'
Gain (Loss) on sale of the global data business	800,000	-5,600,000	-11,000	-4,800,000	'	783,000
Disposal group including discontinued operation cash and cash equivalents	1,000,000	'	'	'	'	'
Purchase Price Allocation	4,300,000	'	'	'	'	'
Disposal group of business plus additional cash	1,000,000	'	'	'	'	'
Americas	'	'	'	'	'	'
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]	'	'	'	'	'	'
Proceeds from sale of asset held for sale	43,500,000	'	'	'	'	'
Reduction in other assets	'	'	'	'	1,100,000	'
Gain (Loss) on sale of asset held for sale	'	'	'	'	1,100,000	'
EMEA and APAC	'	'	'	'	'	'
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]	'	'	'	'	'	'
Proceeds from sale of discontinued operations	4,300,000	'	'	'	'	'
Book value of asset held for sale	$10,100,000	'	'	'	'	'

Summarized_Activity_in_Consoli

Summarized Activity in Consolidated Statements of Income for Discontinued Operations (Detail) (USD $)	0 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2013	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2013	Sep. 30, 2013
Discontinued Operations And Disposal Groups [Abstract]	'	'	'	'	'
Revenue	'	'	'	'	$13,493
Operating loss	'	'	68	'	6,376
Loss before income taxes	'	'	68	'	6,875
Provision for income tax	'	'	'	'	227
Loss from discontinued operations	'	'	68	'	7,102
Loss (gain) on disposal of discontinued operations	($800)	$5,600	$11	$4,800	($783)

Recovered_Sheet4

Segment and Geographic Information - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2014
	Segment
Segment Reporting [Abstract]	'
Number of operating segments	1