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
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 15,606 $ 19,609
Accounts receivable, net of allowances of $1,711 and $1,429 in 2014 and 2013, respectively 60,721 60,796
Inventory, net 1,414 1,315
Prepaid expenses and other current assets 845 2,117
Deferred income taxes 270 218
Total current assets 78,856 84,055
Equipment and leasehold improvements, net 355 324
Accounts receivable-long-term 10,834 10,006
Other assets 163 159
Deferred income taxes 216 216
Total assets 90,424 94,760
Current liabilities:    
Accounts payable and accrued expenses 51,621 60,039
Total current liabilities 51,621 60,039
Commitments and contingencies      
Stockholders' equity:    
Common Stock, $.01 par value; 10,000,000 shares authorized, 5,284,500 shares issued; 4881,523 and 4,653,293 shares outstanding, respectively 53 53
Additional paid-in capital 30,716 28,791
Treasury stock, at cost, 402,977 and 631,207 shares, respectively (6,007) (7,017)
Retained earnings 14,199 12,695
Accumulated other comprehensive (loss) income (158) 199
Total stockholders' equity 38,803 34,721
Total liabilities and stockholders' equity $ 90,424 $ 94,760