Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.4.0.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 24,290 $ 23,823
Accounts receivable, net of allowances of $1,877 and $1,668, respectively 55,583 58,965
Inventory, net 2,387 1,954
Prepaid expenses and other current assets 1,139 989
Deferred income taxes 261 260
Total current assets 83,660 85,991
Equipment and leasehold improvements, net 334 362
Accounts receivable-long-term 6,808 7,386
Other assets 139 82
Deferred income taxes 253 261
Total assets 91,194 94,082
Current liabilities    
Accounts payable and accrued expenses 52,667 55,423
Total current liabilities $ 52,667 $ 55,423
Commitments and contingencies
Stockholders' equity:    
Common Stock, $.01 par value; 10,000,000 shares authorized, 5,284,500 shares issued; 4,808,585 and 4,700,812 shares outstanding, respectively $ 53 $ 53
Additional paid-in capital 31,868 32,540
Treasury stock, at cost, 475,915 and 583,688 shares, respectively (10,092) (10,296)
Retained earnings 18,026 17,813
Accumulated other comprehensive loss (1,328) (1,451)
Total stockholders' equity 38,527 38,659
Total liabilities and stockholders' equity $ 91,194 $ 94,082