Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 11,090 $ 13,524
Accounts receivable, net of allowances of $2,806 and $2,293, respectively 68,865 83,317
Inventory, net 2,461 2,324
Prepaid expenses and other current assets 877 948
Total current assets 83,293 100,113
Equipment and leasehold improvements, net 1,999 1,937
Accounts receivable-long-term, net 10,917 11,119
Other assets 225 113
Deferred income taxes 455 416
Total assets 96,889 113,698
Current liabilities    
Accounts payable and accrued expenses 59,983 76,087
Total current liabilities 59,983 76,087
Commitments and contingencies
Stockholders' equity:    
Common Stock, $.01 par value; 10,000,000 shares authorized; 5,284,500 shares issued; 4,538,995 and 4,555,434 shares outstanding , respectively 53 53
Additional paid-in capital 29,730 30,683
Treasury stock, at cost, 745,505 and 729,066 shares , respectively (12,455) (12,029)
Retained earnings 21,057 20,515
Accumulated other comprehensive loss (1,479) (1,611)
Total stockholders' equity 36,906 37,611
Total liabilities and stockholders' equity $ 96,889 $ 113,698