Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 19,607 $ 23,124
Accounts receivable, net of allowances of $1,413 and $1,819, respectively 56,916 60,782
Inventory, net 2,012 1,491
Prepaid expenses and other current assets 1,094 933
Deferred income taxes 179 245
Total current assets 79,808 86,575
Equipment and leasehold improvements, net 390 412
Accounts receivable-long-term 6,139 7,660
Other assets 94 152
Deferred income taxes 182 182
Total assets 86,613 94,981
Current liabilities:    
Accounts payable and accrued expenses 48,537 55,414
Total current liabilities $ 48,537 $ 55,414
Commitments and contingencies
Stockholders' equity:    
Common Stock, $.01 par value; 10,000,000 shares authorized, 5,284,500 shares issued; 4,740,380 and 4,890,756 shares outstanding, respectively $ 53 $ 53
Additional paid-in capital 32,048 31,013
Treasury stock, at cost, 544,120 and 393,744 shares, respectively (9,574) (6,166)
Retained earnings 16,997 15,225
Accumulated other comprehensive loss (1,448) (558)
Total stockholders' equity 38,076 39,567
Total liabilities and stockholders' equity $ 86,613 $ 94,981