Heartland Pasta offers a variety of healthy options, including traditional, gluten free and whole wheat

KANSAS CITY, Mo. (PRWEB) February 22, 2012

There are a lot of reasons to LOVE Heartland Pasta – a brand dedicated to creating nutritious pasta for the health-conscious consumer and that makes happy plates happen for families everywhere.

And now, there’s all the more reason to LIKE us. For a limited time, when Facebook users “like” the Heartland Pasta Facebook page, they will receive a coupon for 55 cents off their next purchase of Heartland Pasta. It’s a great chance to sample delicious pasta, such as Heartland Gluten Free, which is every bit as great as traditional pasta.

It’s as simple as clicking “like” on http://www.facebook.com/HeartlandPasta.

“As more Americans embrace a gluten free lifestyle, they’re looking for menu options that don’t compromise on taste,” said Laura Daggett, Customer Brands Marketing Manager at American Italian Pasta Company, maker of Heartland Pasta. “We’re confident that they will love Heartland Pasta, and that our gluten free pasta can stand up to traditional pasta around the family dinner table.”

The coupon is good for use on any of Heartland Pasta’s traditional, whole wheat or gluten free products.

“Regardless of which Heartland Pasta consumers choose, we’re all about healthy, great-tasting meals,” added Daggett. “And we think we can turn that “like” to “love” in just a few forkfuls.”

Recipes, cooking instructions and gluten free dining resources can be found at http://www.heartlandpasta.com.

About Heartland Pasta

Heartland Pasta (http://www.heartlandpasta.com) is dedicated to making pasta that helps families live a healthy lifestyle, with a wide variety of affordable traditional, whole wheat and gluten free pasta products that deliver great flavor, texture and performance.

Heartland Pasta is a brand of The American Italian Pasta Company (AIPC), North America’s largest producer of dry pasta. Employing more than 600 employees, AIPC produces pasta for consumption in the United States and abroad. We take pride in our facilities and quality of products. Our customers are some of the largest food retailers in the world, and we provide much of the pasta consumed by the food service industry, including restaurants, cafeterias and schools through food brokers and distributors in the United States, Canada and Mexico. AIPC was founded in 1986 and is based in Kansas City, Mo.

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Boston, MA (PRWEB) February 20, 2012

Missions change. Strategies change. Technologies change. Perhaps that’s why Jack Welch, former CEO of General Electric, warned “Change before you have to.” Because adapting to change fast requires both project management and accelerated learning, the Project Management Professionals (PMPs) at Cheetah Learning http://www.cheetahlearning.com/LinkTracker/track.asp?id=228 have announced they are offering a new free download entitled “Making Change Stick.”

How important an issue is it?

In a recent survey, IBM’s Global Business Services division asked more than 1,500 CEOs about what leaders will need to steer their companies going forward. Number one on the list: “Expect to make more business model changes to realize their strategies.”

The second item on the list echoed Welch’s warning: “Invite disruptive innovation, encourage others to drop outdated approaches and take balanced risks.”

Michelle LaBrosse, founder and CEO of Cheetah Learning, knows a thing or two about change and risk: As a single mother of two, she started her company from scratch and built it into a multi-million dollar powerhouse in the Project Management education field, a competitive arena with 1,600 providers who are registered with the Project Management Institute (PMI).

“The one constant in all our lives is change and the faster we can adapt, the more quickly we can pursue emerging opportunities,” said LaBrosse, who was named by PMI as one of the 25 Most Influential Women in Project Management in the World. “Here’s the rub: We are wired for stability and to resist change. How can we use our skills to create business processes that have staying power?”

How, indeed.

Here are some highlights from LaBrosse’s “Making Change Stick.” Though they were created for Project Managers, they are helpful guidelines for any business professional.

Make Change Relevant to the People Who Need to Participate in It – “Part of your job is to make sure people not only know where you’re going, but that they also understand why they are going there. Explain why, and make it compelling.”

Paint a Picture of Success – “Make sure people can see what success looks like. If your change initiative is successful, what will the outcome be? Show your team what the result will look like.”

Plan for Fatigue – “Change fatigue is a normal part of any process change, so be ready for it. When you start to see people slacking on their goals and rolling their eyes in meetings, you are there. Shake up assignments. Assign new team leaders to different tasks.”

Keep Senior Leadership Engaged – “If your team sees that leadership no longer cares about this initiative or it is off their radar screen, they will lose interest. It’s your job to keep your leadership team up to speed and excited.”

Spend Time Focusing on How to Institutionalize the Change – “Once you’ve reached your milestones, look at how you are going to make this change permanent. What are the ongoing resources required? Use your skills to not only manage it but to make it stick.”

The full transcript of “Making Change Stick” is available as a part of “Accelerate Your Learning . . . Accelerate your Earning,” Cheetah’s theme for February. It can be found as a “Daily Tip To Keep You Tops” download at http://www.Facebook.com/CheetahLearning and Twitter http://www.cheetahlearning.com/LinkTracker/track.asp?id=231

Those considering Project Management as a career choice, should visit http://www.CheetahSmartStart.com to learn more about becoming a Certified Project Manager as well as request Cheetah Learning’s free Exam Prep SmartStart Guide for the PMP.

For more information about Cheetah Learning and its various training opportunities, visit http://www.CheetahLearning.com or call toll free in the U.S. at (888) 659-2013. Outside the U.S., call (602) 220-1263.

ABOUT: Cheetah Learning is a Project Management Institute Registered Education Provider and is International Association of Continuing Education and Training Certified. Cheetah was awarded the Project Management Institute Professional Development Provider of the Year for 2008 for the significant contribution it made to the field of project management with its accelerated approach to teaching and doing project management.

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Paradigm Analytics Logo

Denver, CO (PRWEB) February 17, 2012

As the sun sets on the use of FRx outside of the Microsoft ERP Community, businesses scramble to replace their financial reporting tool. In a new strategic alliance, Paradigm Analytics combines their wealth of ERP Implementation and Corporate Performance Management experience with Briscoe Solutions’ market leading CPM Solution Vivid Reports.

As an exclusive partner, Paradigm Analytics will implement Vivid Report’s building block approach to report design. Vivid Reports users enjoy the advantage of working within the familiar Excel workspace, ideal for non- technical financial users. Designed as a Microsoft Excel add-in, Vivid Reports is easy to install, deploy, learn, and use, empowering users to take advantage of all Excel’s functionality. The entire Vivid Reports user interface is accessible from Excel eliminating the need to flip back and forth between mulitple applications and the inefficient process of exporting to Excel.

With Vivid Reports, business stakeholders can painlessly access the financial details and KPI’s they require to react faster and make informed business decisions.

“Vivid Reports provides a paramount opportunity for Paradigm Analytics to capitalize on the great need for a GL reporting tool that provides deep functionality and is a cost-effective, ideal replacement for FRx,” said Paradigm Analytics’ CEO, Chris Sterling.

Briscoe Solution’s CEO James Briscoe commented: “Paradigm’s rich experience in ERP implementation coupled with their intimate familiarity with Corporate Performance Management, make them an ideal implementation partner for Vivid Reports. We are very excited to have them on board and look forward to a very strong future together.”

For more information on Vivid Reports and how Paradigm Analytics can help you migrate from FRx and streamline your financial reporting process visit HERE

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Fort Lauderdale, FL (PRWEB) February 15, 2012

Dominguez High School in Compton, California has won the Common Knowledge Scholarship Foundation (CKSF)’s BYG Scholarship twice in one school year.

“I am extremely proud of my students and of the contribution they have made to Dominguez High School,” said Rigoberto Roman, the school’s principal.

BYG is a free monthly team scholarship quiz for high school students. This online format requires no essays and quizzes are based on the things you should know Before You Graduate. It was developed to increase students’ common knowledge in topics ranging from Geography to Financial Literacy and reward high scorers with college scholarships and national recognition. Every student is part of their school’s team and each student’s quiz score is based on time and accuracy. The more students who participate, the better their chances of winning. In addition to the individual scholarship prize, the school with the highest scoring students receives a cash prize and trophy. To date, CKSF, developed at Nova Southeastern University, has awarded over $ 300,000 to more than 700 scholarships winners. Scholarship awards are paid out quarterly and may be used at any post secondary school in the U.S.

Dominguez High School, one of over 10, 000 schools benefiting from CKSF, has participated with the foundation for over seven years. The participating students won November’s Health & Nutrition and January’s Art competitions.

According to Daryl Hulce, President of CKSF, “The BYG scholarship provides real word practical knowledge that helps students become well rounded. One of the goals is to increase knowledge needed to navigate through young adulthood.”

For more information on the next BYG quizzes and other scholarship opportunities for high school students, visit CKSF at http://www.cksf.org.

The Common Knowledge Scholarship Foundation is a not-for-profit 501(c)3 organization based at Nova Southeastern University’s Fischler School of Education and a member of the National Providers Association (NSPA).

No essays, no applications, no GPA requirements. Just Scholarships.

# # #

Attachments

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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

San Diego, CA. (PRWEB) February 13, 2012

The National Camp Series (NCS), will feature kicking coach Nick Gatto at its’ Super Camp VI in Orlando, Florida on February 18th and 19th, 2012.

Nick Gatto was born with only one arm and has taken what many call a handicap and turned into a great positive. After a great collegiate career and a nine year Arena Football Career he wanted to give back to the Houston and San Antonio areas, so he developed 4th and 10 Kicking and Punting.

The NCS Super Camp is an annual event that brings the top football kicking specialists from around the country who learn from some of the best kicking coaches in the country,” says former 9 year NFL kicker Michael Husted who founded the National Camp Series (NCS) and helps college coaches find high school kicking specialist talent.

Gatto agrees saying, “NCS has developed a system that truly shows a young man’s talents. With the new KIX system, it is not biased and does not favor one person over another.”

Gatto goes on to say, “NCS has a network of coaches who bring so much to the table. Each camper will learn from some of the best out there who have reached the levels a camper dreams of. Together the experience and knowledge of the coaches is what makes NCS so successful.”

Husted adds, “With football’s National Signing Day behind, colleges and universities will now look to the NCS and its’ KIX system to help fill their rosters with kickers, punters and long snappers.”

According to Husted, the National Camp Series Network provides over 100 years of NFL/College experience and knowledge.

“The quality of instructors for our Super Camp is outstanding and continues to grow every year,” says Husted. “This year’s expert coaches feature former NFL Kickers and Punters. NFL punters Louie Aguiar, Craig Hentrich and NFL Kickers Michael Husted, Mike Hollis, will headline a coaching staff that is unparalleled.”

According to Husted, kickers who attend the camp will:

*Receive small group instruction from NFL players

*Have rankings posted on the Kicking Index (KIX)

*Get unparalleled college exposure

*Learn pressure situation techniques

“The annual Super Camp finishes with a head to head tournament for all kickers and punters to display their ability to perform under pressure,” says Husted. “It is an equal opportunity for all kickers and punters to prove they are among the top by taking home The Champion’s Trophy.”

Husted said this year the NCS introduced its All Region Team Tournament, “Student-athletes were selected to the All Region team based on their performances at NCS Regional Camps this past year.”

During Super Camp VI, athletes will compete with their respective team. Similar to the Olympics, while competing individually, they will receive points that will be totaled with the rest of their teammates. At the end of the Super Camp, the All Region Team Champion will be announced.

“We are excited for the All Region Tournament at Super Camp VI,” said Husted. “Besides recognition for their performances at our NCS camps, being on a team will allow them to have a great experience to cap off their previous NCS camp event.”

For more information about Super Camp VI go to National Camp Series / Super Camp

For more information about Michael Husted go to http://michaelhustednflkicker.com

###

Attachments

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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

(PRWEB) September 10, 2004

Toronto, CANADA (September 9, 2004)… HR.com, the largest web destination in North America for HR Executives, expands their research and analysis services with the appointment of Claude Balthazard, Ph.D. as Director of Research.

Claude joins HR.com after a diverse career that has included academia, consulting, government, and business. Most recently, Claude had launched and managed his own consulting firm focused on HR measurement and research. “With twenty years of experience in HR, Claude brings a wealth of knowledge to our research team. Claude is a great addition to our team,” says CEO Debbie McGrath. “He expands our industry knowledge and strengthens our commitment to offer the most comprehensive HR research, metrics and best practices for HR Executives.”

Claude is an acknowledged expert in the area of HR measurement and research. In addition to assuming the Director role, Claude will manage the HR Measurement and Metrics industry vertical for HR.com.

Claude is a polished presenter, as well as a frequent contributor of research and articles to various magazines. In addition, Claude has kept a hand in teaching—he continues to teach courses in HR Research Methods and Business Statistics.

HR.com continues to expand its research department to help our 135K members and HR Executives make better decisions. In partnership with IE Engine, HR.com intends to automate the supply chain of HR purchases, enabling HR Departments to:

1) Improve, track and measure vendor performance.

2) Lower cost of HR Product and Service purchases

3) Become compliant with Sarbanes-Oxley.

With the addition of Claude, HR.com offers top-notch Research / Analyst coverage with:

Michael Moretti: Staffing (Talent Management, Vendor Management and Recruiting)

Aileen MacMillian: Enterprise Performance Management and Competencies

Karen Elmhirst: Leadership

Rebecca Kubica: Benefits / BPO

Tracy Martin: ERP/ Enterprise Compensation and Enterprise Incentive Management

HR.com (http://www.hr.com) is committed to providing Human Resources professionals with the information, tools and resources they need to successfully manage the people side of their business. HR.com provides daily news, an online library of over 8,000 articles, the widest selection of Human Capital Research, online learning seminars, and high-end conferences uniting vendors with strategic buyers.

-30-

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

(PRWEB UK) 11 October 2011

Businesses and higher education institutions from across the UK will celebrate the year’s most successful and innovative partnerships and recognise future business leaders when the annual Knowledge Transfer Partnerships (KTP) Awards are presented at the Innovate11 conference and exhibition in London today.

The KTP Awards honour and celebrate the best Knowledge Transfer Partnerships from the previous year and the winners of the accolade ‘Business Leaders of Tomorrow’. The awards recognise the outstanding partnerships fostered through the Technology Strategy Board’s KTP programme, which supports innovation-led, three-way partnerships between businesses, academic institutions and graduate associates.

The highlight will be the announcement of the Knowledge Transfer Partnerships National Award Winner. Five partnerships have been selected as finalists and will attend Innovate11, where one will be selected as the overall national winner. The Rt Hon Dr Vince Cable MP, Secretary of State for Business, Innovation and Skills, will present this award.

The five finalists (involving a business, academic institution and graduate associate) are:

Cherry Pipes, Queen’s University Belfast and Justyna Grabowska

Aurora Medical Limited, University of Southampton and Alex Dickinson

Joseph Rhodes, Sheffield Hallam University and Karthik Ramakrishnan

Logical Glue, University of Essex and Faiyaz Doctor

Risktec Solutions Limited, Liverpool John Moores University and Roisin Gray

Some of the projects managed through the award-winning partnerships include:

    The development of a novel hip replacement system that has been implanted over 3500 times;
    The establishment of a plastics recycling department, which has tripled employee numbers from 20 to 60 and grown company turnover from £2.5 million to £10.5 million;
    The development of novel artificial, computational intelligence based systems that enabled the realisation of an intelligent data analysis and decision support system. This is expected to lead to company profits of approximately £6 million within three years.

Commenting on the eve of the Awards, the Technology Strategy Board’s Chief Executive, Iain Gray said:

    “KTP is the leading programme in Europe helping businesses to improve their competitiveness, productivity and performance through partnerships with higher education institutions and research organisations. It is an integral part of the Technology Strategy Board’s strategy and range of programmes to support businesses on their innovation journey.”

“Businesses are increasingly aware of the value of such collaboration and the rewards it can bring. KTPs help get the best minds working to solve problems, respond to challenges and spark     creativity, thus stimulating growth and helping to drive the UK’s future economic prosperity.”

The Business Leaders of Tomorrow awards, for the graduate Associates who demonstrate clear potential to be future business leaders, will be presented to:

Catia Guimaraes – Oxford Brookes University and Intercontinental Hotels Group plc

Kenneth Macfarlane – Staffordshire University and Clive Durose Woodturners Ltd

Lisa Finney – Staffordshire University and GDM (Heat Transfer) Ltd

Matthew Druce – University of Southampton and Geotek Ltd

Simon Pykett – Sheffield Hallam University and Penny Hydraulics Ltd.

Other KTP awards to be announced at Innovate11 include:

    Business Impact Award (given to the Business that has benefitted most from its KTP project in the 12 months following its completion): Bombardier Transportation UK Ltd.

    Award for Engineering Excellence (sponsored by the Royal Academy of Engineering): Aurora Medical Limited, University of Southampton and Alex Dickinson

    Award for Academic Excellence: Graham Cockerham, Sheffield Hallam University

    Award for Best Application of Humanities for the Creative Economy (sponsored by the Arts & Humanities Research Council): Historic Royal Palaces, Kingston University and Suzannah Lipscomb

    Award for Best Application of Social Science in a KTP (sponsored by the Economic and Social Research Council): Clydesdale Bank, University of Leeds and Alena Audzeyeva

KTP partnerships work by employing a high-calibre graduate in a business to help address a specific needs-based project, with an academic institution acting as a ‘knowledge base’ to support the project’s development. As a result of the government’s investment in the KTP programme during 2009/10, it is estimated that UK businesses stand to benefit from over 15,870 business staff trained, some 1,443 new jobs created (aside from the recruitment of KTP Associates) and an overall increase in annual profit before tax of over £150 million – an increase of 19% on the previous year.

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

RE-CLAIMING THE BIBLE FOR A NON-RELIGIOUS WORLD by John Shelby Spong

San Francisco, CA (PRWEB) November 08, 2011

The claim that the Bible is the “Word of God” in any literal sense violates every rational faculty that human beings possess, says John Shelby Spong, the retired Episcopal bishop and pioneer of progressive Christianity. “Irrational, and at least in scholarly circles, universally dismissed attitudes toward the Bible still have power today, and play a large role in America’s national life,” Spong says. In Re-Claiming the Bible for a Non-Religious World (HarperOne, $ 28.99, November 8, 2011), he attempts to end the tyranny of “uninformed biblical nonsense.”

The problem, Spong says, is that very little biblical scholarship has trickled down to people in the pews. A longtime champion of critical engagement with Scripture, he brings a deep love of the Bible to his efforts to guide people beyond a Sunday school-level understanding of the texts. “I am not the enemy of the Bible. I am the enemy of the way the Bible has been used,” Spong says.

Building on longstanding traditions in the academies of Christian learning, Spong brings a fresh perspective to the following misconceptions about the Bible:

    •The opening Bible stories from Adam and Eve through the flood have no connection with history, “despite the fact that some of the world’s more foolish people still go on expeditions trying to locate Noah’s Ark on Mount Ararat”;

    •Moses did not write the documents we call the “Books of Moses” or the Torah;

    •The gospels were not written by eyewitnesses;

    •Miracles do not enter the Jesus story until the eighth decade;

    •The virgin birth is a ninth-decade addition;

    •The book of Revelation does not predict the end of the world or convey any hidden     messages about modern day history.

Spong, a scholar, pastor, priest, and bishop, has made a life’s study of the Bible. He studies the Bible daily.

In Re-Claiming the Bible for a Non-Religious World, he explores the origins of the Bible and the essential message of each of its books, showing how the sense of God developed over the centuries. He guides readers book-by-book through the Old and New Testaments, providing the historical and cultural context and illuminating the metaphorical and mythological flourishes.

He reveals the many profound truths to be found beneath the literal words of the text. For example, the Book of Ruth “provides us with a biblical mirror into which we can stare at our own prejudices and be led to free ourselves of them,” Spong says. Another is II Isaiah, a remarkable book that presents “a new breakthrough in human consciousness. Here in the words of this unknown sixth century BCE person we see a portrait of human life that has transcended the survival mentality of our evolutionary past.”

“Embrace the truth found in the biblical wisdom literature, savor it and transform it into the symbols of your own experience. That is finally the only way to read this ancient, sacred, and mythological book we call the Bible.”

JOHN SHELBY SPONG is the author of more than twenty books that have sold over a million copies. He was an Episcopal bishop for more than 24 years. During his career he has lectured at more than four hundred colleges and universities around the world including Cambridge and Harvard. In 2010, his portrait was commissioned to hang in the Hall of Honor at the Martin Luther King Jr. International Chapel at Morehouse College in Atlanta with other civil rights movement leaders for his work as a champion of justice. He lives in New Jersey with his wife, Christine, who also serves as his editor and manager of his career. Visit him online at http://www.JohnShelbySpong.com.

Re-Claiming the Bible for a Non-Religious World

by John Shelby Spong

HarperOne

ISBN: 978-0-06-201128-2

$ 28.99 hardcover

On Sale November 8, 2011

# # #

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Follow us on Twitter: @Vocus

Lanham, MD. (PRWEB) July 26, 2011

Cash and cash equivalents

 
$
94,918
 
$
106,777

Short-term investments

 
 
5,496
 
 
10,036

Accounts receivable, net

 
 
20,846
 
 
16,562

Deferred income taxes

 
 
365
 
 
365

Prepaid expenses and other current assets

 
 
3,790
 
 
2,859
 
 
 

 
 


 
 
125,415
 
 
136,599

 
 
6,183
 
 
15,500

 
 
7,534
 
 
6,479
Goodwill
 
 
26,278
 
 
38,649
Deferred income taxes, net of current portion
 
 
8,314
 
 
10,104
Other assets
 
 
156
 
 
840
 
 
 

 
 


 
$
173,880
 
$
208,171

 
 

 
 


 
 
 
 
 
 

 
 
 
 
 
 

Accounts payable and accrued expenses (including contingent consideration of $ 1,287 and $ 3,115 at December 31, 2010 and June 30, 2011, respectively)

 
$
9,456
 
$
15,080

 
 
152
 
 
154

 
 
55,722
 
 
55,207
 
 
 

 
 


 
 
65,330
 
 
70,441

 
 
192
 
 
222

 
 
2,005
 
 
11,371

Deferred income taxes, net of current portion

 
 
1,065
 
 
1,035

Deferred revenue, net of current portion

 
 
854
 
 
710
 
 
 

 
 


 
 
69,446
 
 
83,779

 
 
 
 
 
 

 
 
204
 
 
216

 
 
166,985
 
 
192,040

Treasury stock

 
 
(28,417)
 
 
(31,555)

 
 
(175)
 
 
467

 
 
(34,163)
 
 
(36,776)
 
 
 

 
 


 
 
104,434
 
 
124,392
 
 
 

 
 


 
$
173,880
 
$
208,171

 
 

 
 


 
 
 
 
 
 

 
 
 
 
 
 

 
 

 
 

 
 
 




 
 
 
 
 
 




 



 
 

 

 

 

 
 

 

 

 

 
 
 
 
 
 
 
 
 

$
23,781

$

28,482

$

46,052

$

55,469
Cost of revenues
 
4,723
 
5,301
 
9,158
 
10,753
 
 

 

 

 

Gross profit
 
19,058
 
23,181
 
36,894
 
44,716
Operating expenses:
 
 
 
 
 
 
 
 
Sales and marketing
 
12,492
 
14,460
 
23,895
 
28,241
Research and development
 
1,341
 
1,800
 
2,655
 
3,815
General and administrative
 
5,828
 
7,497
 
11,027
 
15,725
Amortization of intangible assets
 
593
 
635
 
1,062
 
1,251
 
 

 

 

 

Total operating expenses
 
20,254
 
24,392
 
38,639
 
49,032
Loss from operations
 
(1,196)
 
(1,211)
 
(1,745)
 
(4,316)
Other income (expense)
 
(3)
 
58
 
58
 
224
 
 

 

 

 

Loss before provision (benefit) for income taxes
 
(1,199)
 
(1,153)
 
(1,687)
 
(4,092)
Provision (benefit) for income taxes
 
758
 
(398)
 
849
 
(1,479)
 
 

 

 

 

Net loss
$
(1,957)
$
(755)
$
(2,536)
$
(2,613)
 
 

 

 

 

Net loss per share:
 
 
 
 
 
 
 
 
Basic and diluted
$
(0.11)
$
(0.04)
$
(0.14)
$
(0.14)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding used in computing per share amounts:
 
 
 
 
 
 
 
 
Basic and diluted
 
17,955,925
 
18,788,747
 
18,008,822
 
18,917,775
 
 
 
 
 
 
 
 
 

 

Cash flows from operating activities:
 
 
 
 
 
 
 
 
Net loss

$

(1,957)

$

(755)

$

(2,536)

$

(2,613)
Adjustments to reconcile net loss to net cash provided by operating activities:
 
 
 
 
 
 
 
 
Depreciation and amortization
 
1,101
 
1,322
 
1,924
 
2,608
Other non-cash charges, net
 
2,865
 
3,544
 
5,833
 
6,827
Excess tax benefits from equity awards
 
(636)
 
-
 
(727)
 
-

Changes in operating assets and liabilities

 
(64)
 
2,060
 
4,977
 
13,236
 
 

 

 

 

Net cash provided by operating activities
 
1,309
 
6,171
 
9,471
 
20,058
Cash flows from investing activities:
 
 
 
 
 
 
 
 
Business acquisitions, net of cash acquired
 
(8,921)
 
-
 
(8,921)
 
(6,947)

Net change in available-for-sale securities

 
3,799
 
(2,495)
 
10,197
 
(4,536)
Purchases of property, equipment and software, net
 
(386)
 
(4,322)
 
(1,156)
 
(10,330)

Software development costs

 
(259)
 
(26)
 
(414)
 
(66)
 
 

 

 

 

Net cash used in investing activities
 
(5,767)
 
(6,843)
 
(294)
 
(21,879)
Cash flows from financing activities:
 
 
 
 
 
 
 
 
Purchases of common stock
 
(3)
 
(50)
 
(8,312)
 
(3,138)

Proceeds from exercises of stock options

 
87
 
16,583
 
106
 
17,138

Payments of contingent consideration for business acquisitions

 
-
 
(699)
 
-
 
(699)
Excess tax benefits from equity awards
 
636
 
-
 
727
 
-

Net payments on notes payable and capital lease obligations

 
(88)
 
(48)
 
(226)
 
(45)
 
 

 

 

 

Net cash provided by (used in) financing activities
 
632
 
15,786
 
(7,705)
 
13,256
Effect of exchange rate changes on cash and cash equivalents
 
(267)
 
120
 
(309)
 
424
 
 

 

 

 

Net increase (decrease) in cash and cash equivalents
 
(4,093)
 
15,234
 
1,163
 
11,859
Cash and cash equivalents, beginning of period
 
91,073
 
91,543
 
85,817
 
94,918
 
 

 

 

 

Cash and cash equivalents, end of period
$
86,980
$
106,777
$
86,980
$
106,777
 
 

 

 

 

Use of Non-GAAP Financial Measures

Vocus provides non-GAAP measures for revenue, income from
operations, net income, diluted net income per share and free cash
flow as supplemental information. 

We define non-GAAP revenue as GAAP revenue adjusted for the
impact of the fair value adjustment to deferred revenue related to
purchase accounting.  Management believes the adjustment
is useful to investors as a more accurate measure of our ongoing
performance from the acquisitions.

We define non-GAAP income from operations as GAAP income from
operations including the impact of non-GAAP revenue and excluding
stock-based compensation, amortization of acquired intangible
assets, fair value adjustments to contingent consideration and
acquisition related expenses. 

We define non-GAAP net income as GAAP net income including the
impact of non-GAAP revenue and excluding stock-based compensation,
amortization of acquired intangible assets, fair value adjustments
to contingent consideration including the effect of foreign
currencies and acquisition related expenses. 

Stock-based compensation included in our GAAP financial results
relates to stock option and restricted stock awards. 
Companies record stock-based compensation by applying varying
valuation methodologies and subjective assumptions to different
types of equity awards.  Amortization of acquired
intangible assets included in our GAAP financial results consists
of amortization of non-compete agreements, trade names, purchased
technology and customer relationships that are not expected to be
replaced when fully amortized, as a depreciable tangible asset
might.  Amortization expense can vary from period to
period due to the timing and size of our acquisitions. 
Our GAAP financial results include adjustments to the fair value of
contingent consideration for acquisition earn-outs as of each
reporting date from the fair value recorded on the acquisition
date.  Acquisition related expenses included in our GAAP
general and administrative costs consist of legal, accounting and
other professional fees incurred during the reporting period in
connection with our acquired businesses.  Management
believes these non-GAAP measures allow management and investors to
make meaningful comparisons between our operating results and those
of the other companies, as well as provide a consistent comparison
of our relative historical financial performance. 

We define free cash flow as cash flow from operations less net
capital expenditures and capitalized software development costs
plus the excess tax benefits from equity awards. 
Management considers free cash flow to be a liquidity measure which
provides useful information to management and investors regarding
our ability to generate cash from operations that is available for
acquisitions and other investments.  Our definition of
free cash flow may be different from definitions used by other
companies.

Management uses non-GAAP income from operations, non-GAAP net
income and free cash flow to evaluate operating performance,
determine incentive compensation and to prepare operating budgets
and determine the appropriate levels of capital
investments.  However, management believes that non-GAAP
income from operations, non-GAAP net income and free cash flow are
subject to material limitations since they may not be indicative of
ongoing operating results.  Management compensates for
the limitations in the use of non-GAAP measures by also utilizing
GAAP financial measures and by providing investors with a detailed
reconciliation between our GAAP and non-GAAP financial
results.  Investors are advised to carefully review and
consider this information as well as the GAAP financial results
that are disclosed in our SEC filings.

 

 

 

Reconciliation of GAAP revenue to non-GAAP revenue:
 
 
 
 
 
 
 
 
GAAP revenue
$
23,781
$
28,482
$
46,052
$
55,469
Fair value adjustment to deferred revenue
 
400
 
-
 
400
 
181
 
 

 

 

 

Non-GAAP revenue
$
24,181
$
28,482
$
46,452
$
55,650
 
 

 

 

 

 
 
 
 
 
 
 
 
 
Reconciliation of GAAP loss from operations to non-GAAP income from operations:
 
 
 
 
 
 
 
 

Loss from operations

$

(1,196)

$

(1,211)

$

(1,745)

$

(4,316)
Stock-based compensation
 
3,333
 
3,608
 
6,182
 
7,836
Amortization of intangible assets
 

630

757

 
1,099
 
1,493
Fair value adjustment to deferred revenue
 
400
 
-
 
400
 
181
Fair value adjustments to contingent consideration
 
-
 
527
 
-
 
589
Acquisition related expenses
 
687
 
20
 
988
 
187
 
 

 

 

 

Non-GAAP income from operations
$
3,854
$
3,701
$
6,924
$
5,970
 
 

 

 

 

 
 
 
 
 
 
 
 
 
Reconciliation of GAAP net loss to non-GAAP net income:
 
 
 
 
 
 
 
 
Net loss
$
(1,957)
$
(755)
$
(2,536)
$
(2,613)
Stock-based compensation
 
3,333
 
3,608
 
6,182
 
7,836
Amortization of intangible assets
 

630

757

 
1,099
 
1,493
Fair value adjustment to deferred revenue
 
400
 
-
 
400
 
181
Fair value adjustments to contingent consideration including effects of foreign currency
 
-
 
504
 
-
 
483
Acquisition related expenses
 
687
 
20
 
988
 
187
 
 

 

 

 

Non-GAAP net income
$
3,093
$
4,134
$
6,133
$
7,567
 
 

 

 

 

 
 
 
 
 
 
 
 
 
Non-GAAP diluted net income per share
$
0.16
$
0.20
$
0.31
$
0.36
 
 
 
 
 
 
 
 
 
Non-GAAP diluted weighted average shares used in computing per share amounts
 
19,893,201
 
21,078,028
 
19,848,932
 
21,206,255
 
 
 
 
 
 
 
 
 
Reconciliation of GAAP diluted weighted average shares outstanding to non-GAAP diluted weighted average shares outstanding:
 
 
 
 
 
 
 
 
GAAP diluted weighted average shares outstanding
 
17,955,925
 
18,788,747
 
18,008,822
 
18,917,775
Treasury stock effect of outstanding equity securities and effect of stock-based compensation
 
1,937,276
 
2,289,281
 
1,840,110
 
2,288,480
 
 

 

 

 

Non-GAAP diluted weighted average shares outstanding
 
19,893,201
 
21,078,028
 
19,848,932
 
21,206,255
 
 

 

 

 

Supplemental information of stock-based compensation included in:
 
 
 
 
 
 
 
 
Cost of revenues
$
351
$
374
$
930
$
858
Sales and marketing
 
977
 
1,113
 
1,414
 
2,296
Research and development
 
418
 
428
 
791
 
1,073
General and administrative
 
1,587
 
1,693
 
3,047
 
3,609
 
 

 

 

 

Total stock-based compensation
$
3,333
$
3,608
$
6,182
$
7,836
 
 

 

 

 

Reconciliation of cash flow from operations to free cash flow:
 
 
 
 
 
 
 
 
Net cash provided by operating activities
$
1,309
$
6,171
$
9,471
$
20,058
Purchases of property, equipment and software, net
 
(386)
 
(4,322)
 
(1,156)
 
(10,330)
Software development costs
 
(259)
 
(26)
 
(414)
 
(66)
Excess tax benefits from equity awards
 
636
 
-
 
727
 
-
 
 

 

 

 

Free cash flow
$
1,300
$
1,823
$
8,628
$
9,662
 
 

 

 

 

###






Attachments

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

The A3 management process explained in “Managing to Learn” is part of the Chicago curriculum.

Cambridge, MA (PRWEB) February 06, 2012

The nonprofit Lean Enterprise Institute (LEI) will present a series of 11 workshops on how to implement lean business principals in a variety of industries, including manufacturing, logistics, and distribution, May 1-3, 2012, in Schaumburg, IL.

Other courses will cover lean methods such as standardized work, problem solving, strategy deployment, culture change, and value-stream mapping for both production and non-production value streams. Registration is open now.

The workshops, which will run from 8 a.m. to 4 p.m. at the Hyatt Regency Schaumburg, Chicago, at 1800 East Golf Road, Schaumburg, IL are:

May 1

Key Concepts of Lean
Lean Problem Solving     
Optimizing Flow in Office and Service Processes     
Standardized Work: The Foundation for Kaizen
Transformational Leadership: An Experiential Program for Lean Leaders    (3 days)

May 2

Lean Warehousing and Distribution Operations     
Managing to Learn: The Use of the A3 Management Process     
Sustainable Lean Culture: Connecting the “Product” and the “People” Value Streams         
Value-Stream Mapping for the Office and Service

May 3

Making Materials Flow     
Value-Stream Mapping for Manufacturing

Prices and Discounts for Lean Workshops

One-day workshops are $ 800. Two-day workshops are $ 1,600. Price includes tuition, training materials, breakfast, lunch, and snacks each day.

For complete details about course content, instructors, discounts, and to register, call 617- 871-2900, email registrar(at)lean(dot)org or visit LEI’s Lean Education page at: http://www.lean.org/Workshops/WorkshopCalendar.cfm

On-Site Lean Training

Call (617) 871-2900 for information about bringing a workshop to your site.

Lean Community Resources

LEI’s community of Lean Thinkers offers a weekly newsletter with lean management news and resources such as case studies, webinars, interviews with executives on lean leadership, and archives of essays by authors and lean management thought leaders John Shook, LEI CEO, and Jim Womack, LEI founder.

What is Lean?

The terms lean manufacturing, lean production, or lean management refer to a complete business system for organizing and managing product development, operations, suppliers, customer relations, and the overall enterprise that requires less capital, material, space, time, or human effort to produce products and services with fewer defects to precise customer desires, compared with traditional modern management.

###

Attachments

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.