v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 24,052 $ 29,272
Accounts receivable, net of allowance for doubtful accounts of $889 and $881, respectively 125,020 122,502
Inventory, net 2,116 2,022
Vendor prepayments and advances 1,413 661
Prepaid expenses and other current assets 3,884 4,871
Total current assets 156,485 159,328
Equipment and leasehold improvements, net 2,659 1,932
Goodwill 17,819 17,188
Other intangibles, net 18,712 9,950
Right-of-use assets, net 1,318 1,628
Accounts receivable-long-term, net 1,968 78
Other assets 393 459
Deferred income tax assets 268 189
Total assets 199,622 190,752
Current liabilities:    
Accounts payable and accrued expenses 136,628 134,271
Lease liabilities, current portion 482 475
Term loan, current portion 515  
Total current liabilities 137,625 134,746
Lease liabilities, net of current portion 1,411 1,810
Deferred income tax liabilities 3,922 1,780
Term loan, net of current portion 1,424  
Non-current liabilities 1,829  
Total liabilities 146,211 138,336
Commitments and contingencies
Stockholders' equity:    
Common stock, $.01 par value per share; 10,000,000 shares authorized; 5,284,500 shares issued: 4,477,753 and 4,424,672 shares outstanding, respectively 53 53
Additional paid-in capital 32,385 32,087
Treasury stock, at cost, 806,747 and 859,828 shares, respectively (13,183) (13,870)
Retained earnings 39,893 34,396
Accumulated other comprehensive loss (5,737) (250)
Total stockholders' equity 53,411 52,416
Total liabilities and stockholders' equity $ 199,622 $ 190,752

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