Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 14,743 $ 9,835
Marketable securities   4,411
Accounts receivable, net of allowances of $1,741 and $1,586, respectively 49,855 61,388
Inventory, net 1,210 1,717
Prepaid expenses and other current assets 1,591 1,281
Deferred income taxes 280 280
Total current assets 67,679 78,912
Equipment and leasehold improvements, net 303 375
Accounts receivable-long-term 8,069 11,851
Other assets 159 71
Deferred income taxes 201 236
Total assets 76,411 91,445
Current liabilities    
Accounts payable and accrued expenses 43,311 59,265
Current portion - capital lease obligation   55
Total current liabilities 43,311 59,320
Commitments and contingencies      
Stockholders' equity    
Common Stock, $.01 par value; 10,000,000 shares authorized, 5,284,500 shares issued; 4,667,097 and 4,740,873 shares outstanding, respectively 53 53
Additional paid-in capital 28,456 27,712
Treasury stock, at cost, 617,403 and 543,627 shares, respectively (6,743) (5,373)
Retained earnings 10,973 9,316
Accumulated other comprehensive income 361 417
Total stockholders' equity 33,100 32,125
Total liabilities and stockholders' equity $ 76,411 $ 91,445