Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 23,823 $ 23,124
Accounts receivable, net of allowances of $1,413 and $1,819, respectively 58,965 60,782
Inventory, net 1,954 1,491
Prepaid expenses and other current assets 989 933
Deferred income taxes 260 245
Total current assets 85,991 86,575
Equipment and leasehold improvements, net 362 412
Accounts receivable-long-term 7,386 7,660
Other assets 82 152
Deferred Tax Assets, Net, Noncurrent 261 182
Total assets 94,082 94,981
Current liabilities:    
Accounts payable and accrued expenses 55,423 55,414
Total current liabilities $ 55,423 $ 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 32,540 31,013
Treasury stock, at cost, 544,120 and 393,744 shares, respectively (10,296) (6,166)
Retained earnings 17,813 15,225
Accumulated other comprehensive loss (1,451) (558)
Total stockholders' equity 38,659 39,567
Total liabilities and stockholders' equity $ 94,082 $ 94,981