Deltek has filed a $200 million shelf registration with the SEC, which technically tells us very little other than the fact just stated. The registration lets Deltek issue a combination of securities, whether stock, debt, rights or warrants, when needed or it feels market conditions are right. There was no use of proceeds stated. You can speculate of kinds of possible uses such as an acquisition or paying down debt. But in any case, the balance sheet for December 31 shows the Herndon, Va.-based company has reduced debt and increased cash over the last year. Read more...