PAR Technology (PAR) 10-Q 8 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	1-May-15
Document and Entity Information [Abstract]
Entity Registrant Name	PAR TECHNOLOGY CORP
Entity Central Index Key	708821
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		15,515,847
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Mar-15

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Net revenues:
Product	$21,686	$18,592
Service	14,102	14,250
Contract	23,836	23,699
Revenue, net	59,624	56,541
Costs of sales:
Product	14,841	12,903
Service	9,320	9,553
Contract	22,474	22,072
Cost of goods and services sold	46,635	44,528
Gross margin	12,989	12,013
Operating expenses:
Selling, general and administrative	9,064	9,263
Research and development	4,345	3,864
Amortization of identifiable intangible assets	249	0
Operating expenses	13,658	13,127
Operating loss	-669	-1,114
Other expense, net	-229	-78
Interest expense	-86	-17
Loss before benefit from income taxes	-984	-1,209
Benefit for income taxes	599	220
Net loss	($385)	($989)
Earnings Per Share:
Basic (in dollars per share)	($0.02)	($0.06)
Diluted (in dollars per share)	($0.02)	($0.06)
Weighted average shares outstanding
Basic (in shares)	15,596	15,499
Diluted (in shares)	15,596	15,499

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited) [Abstract]
Net loss	($385)	($989)
Other comprehensive loss, net of applicable tax:
Foreign currency translation adjustments	-255	10
Comprehensive loss	($640)	($979)

CONSOLIDATED_BALANCE_SHEETS_Un

CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents	$5,968	$10,167
Accounts receivable - net	32,383	31,445
Inventories-net	27,227	25,922
Deferred income taxes	5,689	4,512
Other current assets	5,225	4,597
Total current assets	76,492	76,643
Property, plant and equipment - net	6,070	6,135
Deferred income taxes	11,235	11,357
Goodwill	17,167	17,167
Intangible assets - net	22,825	22,952
Other assets	3,158	3,043
Total Assets	136,947	137,297
Current liabilities:
Current portion of long-term debt	3,174	3,173
Borrowings under line of credit	1,227	5,000
Accounts payable	16,103	19,676
Accrued salaries and benefits	5,509	6,429
Accrued expenses	5,536	6,578
Customer deposits	6,143	2,345
Deferred service revenue	18,635	12,695
Income taxes payable	321	475
Total current liabilities	56,648	56,371
Long-term debt	2,548	2,566
Other long-term liabilities	8,739	8,847
Total liabilities	67,935	67,784
Commitments and contingencies
Shareholders' Equity:
Preferred stock, $.02 par value, 1,000,000 shares authorized	0	0
Common stock, $.02 par value, 29,000,000 shares authorized; 17,240,340 and 17,274,708 shares issued, 15,532,231 and 15,566,599 outstanding at March 31, 2015 and December 31, 2014, respectively	345	346
Capital in excess of par value	44,994	44,854
Retained earnings	31,080	31,465
Accumulated other comprehensive loss	-1,571	-1,316
Treasury stock, at cost, 1,708,109 shares	-5,836	-5,836
Total shareholders' equity	69,012	69,513
Total Liabilities and Shareholders' Equity	$136,947	$137,297

CONSOLIDATED_BALANCE_SHEETS_Un1

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Shareholders Equity:
Preferred stock, par value (in dollars per share)	$0.02	$0.02
Preferred stock, authorized (in shares)	1,000,000	1,000,000
Common stock, par value (in dollars per share)	$0.02	$0.02
Common stock, authorized (in shares)	29,000,000	29,000,000
Common stock, issued (in shares)	17,240,340	17,274,708
Common stock, outstanding (in shares)	15,532,231	15,566,599
Treasury stock, at cost (in shares)	1,708,109	1,708,109

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities:
Net loss	($385)	($989)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation, amortization and accretion	1,143	830
Provision for bad debts	150	242
Provision for obsolete inventory	421	826
Equity based compensation	245	523
Deferred income tax	-1,055	-221
Changes in operating assets and liabilities:
Accounts receivable	-1,088	-3,706
Inventories	-1,726	795
Income tax payable	-154	-265
Other current assets	-628	140
Other assets	-115	-157
Accounts payable	-3,573	737
Accrued salaries and benefits	-920	-1,319
Accrued expenses	-1,042	479
Customer deposits	3,798	-79
Deferred service revenue	5,940	4,115
Other long-term liabilities	-108	-42
Deferred tax equity based compensation	-105	0
Net cash provided by operating activities	798	1,909
Cash flows from investing activities:
Capital expenditures	-303	-591
Capitalization of software costs	-622	-994
Net cash used in investing activities	-925	-1,585
Cash flows from financing activities:
Payments of long-term debt	-43	-55
Payments of other borrowings	-3,773	0
Proceeds and excess tax benefits from stock awards, net	-1	2
Net cash used in financing activities	-3,817	-53
Effect of exchange rate changes on cash and cash equivalents	-255	10
Net increase (decrease) in cash and cash equivalents	-4,199	281
Cash and cash equivalents at beginning of period	10,167	10,015
Cash and equivalents at end of period	5,968	10,296
Cash paid during the period for:
Interest	54	17
Income taxes, net of (refunds)	$154	$268

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1 — Summary of Significant Accounting Policies
	The accompanying unaudited interim consolidated financial statements have been prepared by PAR Technology Corporation (the “Company” or “PAR”) in accordance with U.S. generally accepted accounting principles for interim financial statements and with the instructions to Form 10-Q and Regulation S-X pertaining to interim financial statements.  Accordingly, these interim financial statements do not include all information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.  In the opinion of the Company, such unaudited statements include all adjustments (which comprise only normal recurring accruals) necessary for a fair presentation of the results for such periods.  The results of operations for the three months ended March 31, 2015 are not necessarily indicative of the results of operations to be expected for any future period.  The consolidated financial statements and notes thereto should be read in conjunction with the audited consolidated financial statements and notes for the year ended December 31, 2014 included in the Company’s December 31, 2014 Annual Report to the Securities and Exchange Commission on Form 10-K.
	The preparation of consolidated financial statements requires management of the Company to make a number of estimates and assumptions relating to the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period.  Significant items subject to such estimates and assumptions include:  the carrying amount of property, plant and equipment, identifiable intangible assets and goodwill, equity based compensation, and valuation allowances for receivables, inventories and deferred income taxes.  Actual results could differ from those estimates.
	The current economic conditions and the continued financial volatility in the U.S. and in many other countries in which the Company operates could contribute to decreased consumer confidence and continued economic uncertainty which may adversely impact the Company’s operating performance.  The Company continues to see strength in the markets which it serves; however the continued instability in the global economy could have an impact on purchases of the Company’s products, which could result in a reduction of sales, operating income and cash flows.  A decline in these results could have a material adverse impact on the underlying estimates used in deriving the fair value of the Company’s reporting units used in support of its annual goodwill impairment test.  These conditions may result in an impairment charge in future periods.
	Certain amounts for prior periods have been reclassified to conform to the current period classification.

Acquisition

Acquisition	3 Months Ended
	Mar. 31, 2015
Acquisition [Abstract]
Acquisition	Note 2 — Acquisition
	On September 18, 2014, PAR and its wholly-owned subsidiary, ParTech, Inc. ("ParTech"), entered into and closed a definitive agreement with Brink Software Inc. ("Brink") and all the shareholders of Brink pursuant to which ParTech has purchased the equity interest of Brink in a two-step closing.  This acquisition was to expand the Company’s cloud based POS software offerings to complement the Company’s existing infrastructure. The guaranteed portion of the purchase price for Brink’s shares will total $10 million in cash, which is payable over a period of two years with $5.0 million paid at closing, $3.0 million payable on the first year anniversary of close, and $2.0 million payable on the second year anniversary of close.  In addition to the guaranteed payments, there is a contingent consideration of up to $7.0 million payable to the former owners of Brink based on the achievement of certain conditions as defined in the definitive agreement.
	The payment of $5.0 million on September 18, 2014, was for the purchase of 51% of Brink’s outstanding shares. The remaining 49% will be purchased and transferred on September 18, 2015, the first anniversary of the initial closing date, for a purchase price of $5.0 million, $3.0 million of which will be payable at the second closing and the $2.0 million balance will be payable on September 18, 2016.  The Company has a current note payable included within the Consolidated Balance Sheet of $3.0 million for payment at the second close.  The estimated fair value of the long term portion of the note payable due on September 18, 2016 is approximately $1.8 million and is included within long-term debt in PAR’s consolidated balance sheet.  Per the stock purchase agreement, Brink shareholders assigned their voting rights of the remaining 49% of Brink shares to PAR.  As a result, PAR controls 100% of the Brink shares and fully consolidates the financial results of Brink in accordance with ASC Topic 805.  The agreement also provides for up to $1.0 million of the purchase price to be delivered into escrow if one or more claims arise within the first twelve months of the transaction. Such escrow will serve as a source of payment for any indemnification obligations that may arise.
	The contingent purchase price maximum of $7.0 million can be earned through fiscal year 2018, based upon the achievement of certain conditions as defined in the definitive agreement.  The estimated fair value of this contingent consideration is approximately $5.0 million and is included within non-current liabilities in PAR’s consolidated balance sheet.
	On an unaudited proforma basis, assuming the completed acquisition had occurred as of the beginning of the period presented, the consolidated results of the Company would have been as follows (in thousands, except per share amounts):
		For the three months
		ended March 31, 2014
	Revenues		56,903
	Net loss		(1,246	)
	Earnings per share:
	Basic		(0.08	)
	Diluted		(0.08	)
	The unaudited proforma financial information presented above gives effect to purchase accounting adjustments which have resulted or are expected to result from the acquisition.  This proforma information is not necessarily indicative of the results that would actually have been obtained had the companies combined for the periods presents.

Accounts_Receivable

Accounts Receivable	3 Months Ended
	Mar. 31, 2015
Accounts Receivable [Abstract]
Accounts Receivable	Note 3 — Accounts Receivable
	The Company’s net accounts receivable consist of:
		(in thousands)
		March 31,			December 31,
		2015			2014
	Government segment:
	Billed	$	11,265		$	9,340
	Advanced billings		(770	)		(450	)
			10,495			8,890
	Hospitality segment:
	Accounts receivable - net		21,888			22,555
		$	32,383		$	31,445
	At March 31, 2015 and December 31, 2014, the Company had recorded allowances for doubtful accounts of $711,000 and $582,000, respectively, against Hospitality accounts receivable.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2015
Inventories [Abstract]
Inventories	Note 4 — Inventories
	Inventories are primarily used in the manufacture, maintenance and service of Hospitality segment systems.  The components of inventories-net are:
		(in thousands)
		March 31,		December 31,
		2015		2014
	Finished Goods	$	14,378	$	13,609
	Work in process		317		457
	Component parts		4,334		3,748
	Service parts		8,198		8,108
		$	27,227	$	25,922

Identifiable_intangible_assets

Identifiable intangible assets	3 Months Ended
	Mar. 31, 2015
Identifiable intangible assets [Abstract]
Identifiable intangible assets	Note 5 — Identifiable intangible assets
	The Company’s identifiable intangible assets represent intangible assets acquired from the Brink acquisition as well as internally developed software costs.  The Company capitalizes certain costs related to the development of computer software sold by its Hospitality segment. Software development costs incurred prior to establishing technological feasibility are charged to operations and included in research and development costs in the period the costs are incurred.  Software development costs incurred after establishing technological feasibility (as defined within ASC 985-20) are capitalized and amortized on a product-by-product basis when the product is available for general release to customers.  Software costs capitalized during the three months ended March 31, 2015 were $622,000.  Software costs capitalized during the three ended March 31, 2014 were $994,000.
	Annual amortization, charged to cost of sales when the product is available for general release to customers, is computed using the greater of (a) the straight-line method over the remaining estimated economic life of the product, generally three to seven years or (b) the ratio that current gross revenues for a product bear to the total of current and anticipated future gross revenues for that product. Amortization of capitalized software costs for the three months ended March 31, 2015 were $500,000.  Amortization costs for the three months ended March 31, 2014 were $464,000.
	During the three months ended March 31, 2015, the Company recorded $249,000 of amortization expense associated with acquired identifiable intangible assets from the acquisition of Brink Software.  The Company did not record any amortization expense associated with acquired identifiable intangible assets for the three months ended March 31, 2014.
	The components of identifiable intangible assets are:
		(in thousands)
		March 31,			December 31,
		2015			2014
	Acquired and internally developed software costs	$	26,756		$	26,134
	Customer Relationships		160			160
	Non-competition agreements		30			30
	Trademarks, trade names (non-amortizable)		2,200			2,200
			29,146			28,524
	Less accumulated amortization		(6,321	)		(5,572	)
		$	22,825		$	22,952
	The expected future amortization of these intangible assets assuming straight-line amortization of capitalized software costs and acquisition related intangibles is as follows, (in thousands):
	2015	$	2,418
	2016		3,580
	2017		3,479
	2018		3,377
	2019		3,069
	Thereafter		4,702
	Total	$	20,625

Stock_Based_Compensation

Stock Based Compensation	3 Months Ended
	Mar. 31, 2015
Stock Based Compensation [Abstract]
Stock Based Compensation	Note 6 — Stock Based Compensation
	The Company applies the fair value recognition provisions of ASC Topic 718 Stock-Based Compensation.  The Company recorded stock based compensation of $245,000 and $523,000 for the three months ended March 31, 2015 and March 31, 2014, respectively.  The amount recorded for the three months ended March 31, 2015 was recorded net of benefits of $28,000 as a result of forfeitures of unvested stock awards prior to the completion of the requisite service period.  At March 31, 2015, the aggregate unrecognized compensation expense related to non-vested equity awards was $1.3 million (net of estimated forfeitures), which is expected to be recognized as compensation expense in fiscal years 2015 through 2018.
	For the three month period ended March 31, 2015, the Company recognized compensation expense related to the performance awards based on its estimate of the probability of achievement in accordance with ASC Topic 718.

Earnings_per_share

Earnings per share	3 Months Ended
	Mar. 31, 2015
Earnings per share [Abstract]
Earnings per share	Note 7 — Earnings per share
	Earnings per share are calculated in accordance with ASC Topic 260, which specifies the computation, presentation and disclosure requirements for earnings per share (EPS).  It requires the presentation of basic and diluted EPS.  Basic EPS excludes all dilution and is based upon the weighted average number of common shares outstanding during the period.  Diluted EPS reflects the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock.
	For the three months ended March 31, 2015 and 2014 there was no anti-dilutive stock options outstanding as the Company reported a net loss for both periods.
	The following is a reconciliation of the weighted average shares outstanding for the basic and diluted EPS computations (in thousands, except per share data):
		For the three months
		ended March 31,
		2015			2014
	Net loss	$	(385	)	$	(989	)
	Basic:
	Shares outstanding at beginning of period		15,592			15,473
	Weighted average shares issued during the period, net		4			26
	Weighted average common shares, basic		15,596			15,499
	Net loss per common share, basic	$	(0.02	)	$	(0.06	)
	Diluted:
	Weighted average common shares, basic		15,596			15,499
	Dilutive impact of stock options and restricted stock awards		-			-
	Weighted average common shares, diluted		15,596			15,499
	Net loss per common share, diluted	$	(0.02	)	$	(0.06	)

Segment_and_Related_Informatio

Segment and Related Information	3 Months Ended
	Mar. 31, 2015
Segment and Related Information [Abstract]
Segment and Related Information	Note 8 — Segment and Related Information
	The Company’s reportable segments are strategic business units that have separate management teams and infrastructures that offer different products and services.
	The Company has two reportable segments, Hospitality and Government.  The Hospitality segment offers integrated solutions to the hospitality industry.  These offerings include industry leading hardware and software applications utilized at the point-of-sale, back of store and corporate office, property management, spa and activity applications and includes the acquisition of Brink Software.  This segment also offers customer support including field service, installation, and twenty-four hour telephone support and depot repair.  The Government segment performs complex technical studies, analysis, and experiments, develops innovative solutions, and provides on-site engineering in support of advanced defense, security, and aerospace systems.  This segment also provides expert on-site services for operating and maintaining U.S. Government-owned communication assets.
	Information noted as “Other” primarily relates to the Company’s corporate, home office operations.
	Information as to the Company's segments is set forth below.
		(in thousands)
		For the three months
		ended March 31,
		2015			2014
	Revenues:
	Hospitality	$	35,788		$	32,842
	Government		23,836			23,699
	Total	$	59,624		$	56,541
	Operating income (loss):
	Hospitality	$	(1,641	)	$	(2,061	)
	Government		1,245			1,487
	Other		(273	)		(540	)
			(669	)		(1,114	)
	Other income, net		(229	)		(78	)
	Interest expense		(86	)		(17	)
	Loss before benefit from income taxes	$	(984	)	$	(1,209	)
	Depreciation, amortization and accretion:
	Hospitality	$	1,062		$	745
	Government		12			13
	Other		69			72
	Total	$	1,143		$	830
	Capital expenditures including software costs:
	Hospitality	$	865		$	1,441
	Government		-			26
	Other		60			118
	Total	$	925		$	1,585
	Revenues by country:
	United States	$	53,253		$	49,555
	Other Countries		6,371			6,986
	Total	$	59,624		$	56,541
	The following table represents identifiable assets by business segment:
		(in thousands)
		March 31,			December 31,
		2015			2014
	Hospitality	$	102,514		$	$104,027
	Government		12,958			11,221
	Other		21,475			22,049
	Total	$	136,947		$	$137,297
	The following table represents assets by country based on the location of the assets:
		(in thousands)
		March 31,			December 31,
		2015			2014
	United States	$	121,991		$	116,155
	Other Countries		14,956			21,142
	Total	$	136,947		$	137,297
	The following table represents Goodwill by business segment:
		(in thousands)
		March 31,			December 31,
		2015			2014
	Hospitality	$	16,431		$	16,431
	Government		736			736
	Total	$	17,167		$	17,167
	Customers comprising 10% or more of the Company's total revenues are summarized as follows:
		For the Three Months Ended March 31,
		2015			2014
	Hospitality segment:
	McDonald’s Corporation		16	%		14	%
	Yum! Brands, Inc.		7	%		11	%
	Government segment:
U.S. Department of Defense		40	%		42	%
All Others		37	%		33	%
		100	%		100	%
No other customer within All Others represented more than 10% of the Company’s total revenue for the three months ended March 31, 2015 or 2014.

Acquisition_Tables

Acquisition (Tables)	3 Months Ended
	Mar. 31, 2015
Acquisition [Abstract]
Schedule of unaudited proforma information	On an unaudited proforma basis, assuming the completed acquisition had occurred as of the beginning of the period presented, the consolidated results of the Company would have been as follows (in thousands, except per share amounts):
		For the three months
		ended March 31, 2014
	Revenues		56,903
	Net loss		(1,246	)
	Earnings per share:
	Basic		(0.08	)
	Diluted		(0.08	)

Accounts_Receivable_Tables

Accounts Receivable (Tables)	3 Months Ended
	Mar. 31, 2015
Accounts Receivable [Abstract]
Accounts receivable	The Company’s net accounts receivable consist of:
		(in thousands)
		March 31,			December 31,
		2015			2014
	Government segment:
	Billed	$	11,265		$	9,340
	Advanced billings		(770	)		(450	)
			10,495			8,890
	Hospitality segment:
	Accounts receivable - net		21,888			22,555
		$	32,383		$	31,445

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Mar. 31, 2015
Inventories [Abstract]
Components of inventory	Inventories are primarily used in the manufacture, maintenance and service of Hospitality segment systems.  The components of inventories-net are:
		(in thousands)
		March 31,		December 31,
		2015		2014
	Finished Goods	$	14,378	$	13,609
	Work in process		317		457
	Component parts		4,334		3,748
	Service parts		8,198		8,108
		$	27,227	$	25,922

Identifiable_intangible_assets1

Identifiable intangible assets (Tables)	3 Months Ended
	Mar. 31, 2015
Identifiable intangible assets [Abstract]
Components of identifiable intangible assets	The components of identifiable intangible assets are:
		(in thousands)
		March 31,			December 31,
		2015			2014
	Acquired and internally developed software costs	$	26,756		$	26,134
	Customer Relationships		160			160
	Non-competition agreements		30			30
	Trademarks, trade names (non-amortizable)		2,200			2,200
			29,146			28,524
	Less accumulated amortization		(6,321	)		(5,572	)
		$	22,825		$	22,952
Future amortization of intangible assets	The expected future amortization of these intangible assets assuming straight-line amortization of capitalized software costs and acquisition related intangibles is as follows, (in thousands):
	2015	$	2,418
	2016		3,580
	2017		3,479
	2018		3,377
	2019		3,069
	Thereafter		4,702
	Total	$	20,625

Earnings_per_share_Tables

Earnings per share (Tables)	3 Months Ended
	Mar. 31, 2015
Earnings per share [Abstract]
Reconciliation of the weighted average shares outstanding for the basic and diluted EPS computations	The following is a reconciliation of the weighted average shares outstanding for the basic and diluted EPS computations (in thousands, except per share data):
		For the three months
		ended March 31,
		2015			2014
	Net loss	$	(385	)	$	(989	)
	Basic:
	Shares outstanding at beginning of period		15,592			15,473
	Weighted average shares issued during the period, net		4			26
	Weighted average common shares, basic		15,596			15,499
	Net loss per common share, basic	$	(0.02	)	$	(0.06	)
	Diluted:
	Weighted average common shares, basic		15,596			15,499
	Dilutive impact of stock options and restricted stock awards		-			-
	Weighted average common shares, diluted		15,596			15,499
	Net loss per common share, diluted	$	(0.02	)	$	(0.06	)

Segment_and_Related_Informatio1

Segment and Related Information (Tables)	3 Months Ended
	Mar. 31, 2015
Segment and Related Information [Abstract]
Information of the Company's segments	Information noted as “Other” primarily relates to the Company’s corporate, home office operations.
	Information as to the Company's segments is set forth below.
		(in thousands)
		For the three months
		ended March 31,
		2015			2014
	Revenues:
	Hospitality	$	35,788		$	32,842
	Government		23,836			23,699
	Total	$	59,624		$	56,541
	Operating income (loss):
	Hospitality	$	(1,641	)	$	(2,061	)
	Government		1,245			1,487
	Other		(273	)		(540	)
			(669	)		(1,114	)
	Other income, net		(229	)		(78	)
	Interest expense		(86	)		(17	)
	Loss before benefit from income taxes	$	(984	)	$	(1,209	)
	Depreciation, amortization and accretion:
	Hospitality	$	1,062		$	745
	Government		12			13
	Other		69			72
	Total	$	1,143		$	830
	Capital expenditures including software costs:
	Hospitality	$	865		$	1,441
	Government		-			26
	Other		60			118
	Total	$	925		$	1,585
	Revenues by country:
	United States	$	53,253		$	49,555
	Other Countries		6,371			6,986
	Total	$	59,624		$	56,541
Identifiable assets by business segment	The following table represents identifiable assets by business segment:
		(in thousands)
		March 31,			December 31,
		2015			2014
	Hospitality	$	102,514		$	$104,027
	Government		12,958			11,221
	Other		21,475			22,049
	Total	$	136,947		$	$137,297
Identifiable assets by geographic area	The following table represents assets by country based on the location of the assets:
		(in thousands)
		March 31,			December 31,
		2015			2014
	United States	$	121,991		$	116,155
	Other Countries		14,956			21,142
	Total	$	136,947		$	137,297
Goodwill by business segment	The following table represents Goodwill by business segment:
		(in thousands)
		March 31,			December 31,
		2015			2014
	Hospitality	$	16,431		$	16,431
	Government		736			736
	Total	$	17,167		$	17,167
Revenue percentage by customer/segment	Customers comprising 10% or more of the Company's total revenues are summarized as follows:
		For the Three Months Ended March 31,
		2015			2014
	Hospitality segment:
	McDonald’s Corporation		16	%		14	%
	Yum! Brands, Inc.		7	%		11	%
	Government segment:
	U.S. Department of Defense		40	%		42	%
	All Others		37	%		33	%
			100	%		100	%
	No other customer within All Others represented more than 10% of the Company’s total revenue for the three months ended March 31, 2015 or 2014.

Acquisition_Details

Acquisition (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2015
Business Acquisition, Pro Forma Information [Abstract]
Revenues	$56,903,000
Net loss	-1,246,000
Earnings per share [Abstract]
Basic (in dollars per share)	($0.08)
Diluted (in dollars per share)	($0.08)
Brink Software Inc. [Member]
Business Acquisition [Line Items]
Payments for the acquisition		10,000,000
Period of purchase price payable		2 years
Contingent liability payable, Maximum		7,000,000
Percentage of equity interest (in hundredths)		100.00%
Contingent purchase agreement escrow provision		1,000,000
Net cash paid for purchase of business		5,000,000
Estimated fair value liability for contingent consideration		5,000,000
Fair value of the long term portion of the note payable		1,800,000
Brink Software Inc. [Member] | Tranche One [Member]
Business Acquisition [Line Items]
Payments for the acquisition		5,000,000
Percentage of equity interest (in hundredths)		51.00%
Brink Software Inc. [Member] | Tranche Two [Member]
Business Acquisition [Line Items]
Payments for the acquisition		3,000,000
Percentage of equity interest (in hundredths)		49.00%
Brink Software Inc. [Member] | Tranche Three [Member]
Business Acquisition [Line Items]
Payments for the acquisition		$2,000,000

Accounts_Receivable_Details

Accounts Receivable (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Accounts Receivable [Abstract]
Accounts receivable - net	$32,383,000	$31,445,000
Allowances for doubtful accounts	711,000	582,000
Government segment [Member]
Accounts Receivable [Abstract]
Accounts receivable - net	10,495,000	8,890,000
Government segment [Member] | Billed [Member]
Accounts Receivable [Abstract]
Accounts receivable - net	11,265,000	9,340,000
Government segment [Member] | Advance billings [Member]
Accounts Receivable [Abstract]
Accounts receivable - net	-770,000	-450,000
Hospitality segment [Member]
Accounts Receivable [Abstract]
Accounts receivable - net	$21,888,000	$22,555,000

Inventories_Details

Inventories (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Component of inventory use in hospitality product [Abstract]
Finished goods	$14,378	$13,609
Work in process	317	457
Component parts	4,334	3,748
Service parts	8,198	8,108
Inventory net	$27,227	$25,922

Identifiable_intangible_assets2

Identifiable intangible assets (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Software costs capitalized	$622,000	$994,000
Amortization of capitalized software costs	500,000	464,000
Amortization of identifiable intangible assets	249,000	0
Components of identifiable intangible assets [Abstract]
Intangible assets - gross	29,146,000		28,524,000
Less accumulated amortization	-6,321,000		-5,572,000
Intangible assets - net	22,825,000		22,952,000
Future amortization of intangible assets assuming straight-line amortization of capitalized software costs [Abstract]
2015	2,418,000
2016	3,580,000
2017	3,479,000
2018	3,377,000
2019	3,069,000
Thereafter	4,702,000
Total	20,625,000
Acquired and internally developed software costs [Member]
Components of identifiable intangible assets [Abstract]
Intangible assets - gross	26,756,000		26,134,000
Customer Relationships [Member]
Components of identifiable intangible assets [Abstract]
Intangible assets - gross	160,000		160,000
Non-competition Agreements [Member]
Components of identifiable intangible assets [Abstract]
Intangible assets - gross	30,000		30,000
Trademarks, Trade Names (non-amortizable) [Member]
Components of identifiable intangible assets [Abstract]
Intangible assets - gross	$2,200,000		$2,200,000
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Remaining estimated economic life of the product	3 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Remaining estimated economic life of the product	7 years

Stock_Based_Compensation_Detai

Stock Based Compensation (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Stock Based Compensation [Abstract]
Total stock-based compensation expense (benefit)	$245,000	$523,000
Stock-based compensation expense, tax benefit	28,000
Unrecognized compensation expense	$1,300,000

Earnings_per_share_Details

Earnings per share (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Earnings per share [Abstract]
Anti-dilutive stock options outstanding (in shares)	0	0
Reconciliation of the weighted average shares outstanding for the basic and diluted EPS computations [Abstract]
Net loss	($385)	($989)
Basic: [Abstract]
Shares outstanding at beginning of period (in shares)	15,592,000	15,473,000
Weighted average shares issued during the period, net (in shares)	4,000	26,000
Weighted average common shares, basic (in shares)	15,596,000	15,499,000
Net loss per common share, basic	($0.02)	($0.06)
Diluted: [Abstract]
Weighted average common shares, basic (in shares)	15,596,000	15,499,000
Dilutive impact of stock options and restricted stock awards (in shares)	0	0
Weighted average common shares, diluted (in shares)	15,596,000	15,499,000
Net loss per common share, diluted	($0.02)	($0.06)

Segment_and_Related_Informatio2

Segment and Related Information (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
	H
	Segment
Segment and Related Information [Abstract]
Number of reportable segments	2
Number of hours of telephone support for hospitality segment (in hours)	24
Information as to the Company's segments [Abstract]
Revenues	$59,624	$56,541
Operating income (loss)	-669	-1,114
Other income, net	-229	-78
Interest expense	-86	-17
Loss before benefit from income taxes	-984	-1,209
Depreciation, amortization and accretion	1,143	830
Capital expenditures including software costs	925	1,585
United States [Member] | Reportable Geographical Components [Member]
Information as to the Company's segments [Abstract]
Revenues	53,253	49,555
Other Countries [Member] | Reportable Geographical Components [Member]
Information as to the Company's segments [Abstract]
Revenues	6,371	6,986
Hospitality [Member] | Reportable Segments [Member]
Information as to the Company's segments [Abstract]
Revenues	35,788	32,842
Operating income (loss)	-1,641	-2,061
Depreciation, amortization and accretion	1,062	745
Capital expenditures including software costs	865	1,441
Government [Member] | Reportable Segments [Member]
Information as to the Company's segments [Abstract]
Revenues	23,836	23,699
Operating income (loss)	1,245	1,487
Depreciation, amortization and accretion	12	13
Capital expenditures including software costs	0	26
Other [Member]
Information as to the Company's segments [Abstract]
Operating income (loss)	-273	-540
Depreciation, amortization and accretion	69	72
Capital expenditures including software costs	$60	$118

Segment_and_Related_Informatio3

Segment and Related Information, Reconciliation of Segment Assets (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Identifiable assets by geographic area [Abstract]
Identifiable assets	$136,947	$137,297
Goodwill by business segment [Abstract]
Goodwill	17,167	17,167
United States [Member] | Reportable Geographical Components [Member]
Identifiable assets by geographic area [Abstract]
Identifiable assets	121,991	116,155
Other Countries [Member] | Reportable Geographical Components [Member]
Identifiable assets by geographic area [Abstract]
Identifiable assets	14,956	21,142
Hospitality [Member] | Reportable Segments [Member]
Identifiable assets by geographic area [Abstract]
Identifiable assets	102,514	104,027
Goodwill by business segment [Abstract]
Goodwill	16,431	16,431
Government [Member] | Reportable Segments [Member]
Identifiable assets by geographic area [Abstract]
Identifiable assets	12,958	11,221
Goodwill by business segment [Abstract]
Goodwill	736	736
Other [Member]
Identifiable assets by geographic area [Abstract]
Identifiable assets	$21,475	$22,049

Segment_and_Related_Informatio4

Segment and Related Information, Revenue By Major Customer (Details)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Revenue, Major Customer [Line Items]
Percentage of revenue generated by customer (in hundredths)	100.00%	100.00%
Hospitality segment [Member] | McDonald's Corporation [Member] | Reportable Segments [Member]
Revenue, Major Customer [Line Items]
Percentage of revenue generated by customer (in hundredths)	16.00%	14.00%
Hospitality segment [Member] | Yum! Brands, Inc. [Member] | Reportable Segments [Member]
Revenue, Major Customer [Line Items]
Percentage of revenue generated by customer (in hundredths)	7.00%	11.00%
Government segment [Member] | U.S. Department of Defense [Member] | Reportable Segments [Member]
Revenue, Major Customer [Line Items]
Percentage of revenue generated by customer (in hundredths)	40.00%	42.00%
All Others [Member]
Revenue, Major Customer [Line Items]
Percentage of revenue generated by customer (in hundredths)	37.00%	33.00%