Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 13,524 $ 23,823
Accounts receivable, net of allowances of $2,293 and $1,668 in 2016 and 2015, respectively 83,317 58,965
Inventory, net 2,324 1,954
Prepaid expenses and other current assets 948 989
Total current assets 100,113 85,731
Equipment and leasehold improvements, net 1,937 362
Accounts receivable-long-term 11,119 7,386
Other assets 113 82
Deferred income taxes 416 521
Total assets 113,698 94,082
Current liabilities    
Accounts payable and accrued expenses 76,087 55,423
Total current liabilities 76,087 55,423
Commitments and contingencies
Stockholders' equity:    
Common Stock, $.01 par value; 10,000,000 shares authorized; 5,284,500 shares issued; 4,555,434 and 4,700,812 shares outstanding in 2016 and 2015, respectively 53 53
Additional paid-in capital 30,683 32,540
Treasury stock, at cost, 729,066 and 583,688 shares in 2016 and 2015, respectively (12,029) (10,296)
Retained earnings 20,515 17,813
Accumulated other comprehensive loss (1,611) (1,451)
Total stockholders' equity 37,611 38,659
Total liabilities and stockholders' equity $ 113,698 $ 94,082