Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 12,021 $ 9,835
Marketable securities   4,411
Accounts receivable, net of allowances of $1,728 and $1,586, respectively 53,454 61,388
Inventory, net 1,747 1,717
Prepaid expenses and other current assets 1,518 1,281
Deferred income taxes 286 280
Total current assets 69,026 78,912
Equipment and leasehold improvements, net 372 375
Accounts receivable-long-term 8,835 11,851
Other assets 153 71
Deferred income taxes 215 236
Total assets 78,601 91,445
Current liabilities    
Accounts payable and accrued expenses 46,309 59,265
Current portion - capital lease obligation 14 55
Total current liabilities 46,323 59,320
Commitments and contingencies      
Stockholders' equity    
Common Stock, $.01 par value; 10,000,000 shares authorized, 5,284,500 shares issued; 4,696,553 and 4,740,873 shares outstanding, respectively 53 53
Additional paid-in capital 28,040 27,712
Treasury stock, at cost, 587,947 and 543,627 shares, respectively (6,304) (5,373)
Retained earnings 10,383 9,316
Accumulated other comprehensive income 106 417
Total stockholders' equity 32,278 32,125
Total liabilities and stockholders' equity $ 78,601 $ 91,445