Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 7,237 $ 9,202
Marketable securities 5,572 5,375
Accounts receivable, net of allowances of $1,422 and $1,513, respectively 50,369 47,066
Inventory, net 1,307 1,240
Prepaid expenses and other current assets 1,256 1,997
Deferred income taxes 347 329
Total current assets 66,088 65,209
Equipment and leasehold improvements, net 370 458
Accounts receivable-long-term 9,551 8,889
Other assets 74 54
Deferred income taxes 250 251
Total assets 76,333 74,861
Current liabilities    
Accounts payable and accrued expenses 45,750 45,796
Current portion - capital lease obligation 83 76
Total current liabilities 45,833 45,872
Long- term portion- capital lease obligation 14 55
Total liabilities 45,847 45,927
Commitments and contingencies      
Stockholders' equity    
Common Stock, $.01 par value; 10,000,000 shares authorized, 5,284,500 shares issued; 4,711,867 and 4,679,878 shares outstanding, respectively 53 53
Additional paid-in capital 27,453 26,725
Treasury stock, at cost, 572,633 and 604,622 shares, respectively (5,012) (4,991)
Retained earnings 7,665 6,818
Accumulated other comprehensive income 327 329
Total stockholders' equity 30,486 28,934
Total liabilities and stockholders' equity $ 76,333 $ 74,861