Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 10,745 $ 9,202
Marketable securities 4,585 5,375
Accounts receivable, net of allowances of $1,666 and $1,513, respectively 49,051 47,066
Inventory, net 1,509 1,240
Prepaid expenses and other current assets 1,115 1,997
Deferred income taxes 352 329
Total current assets 67,357 65,209
Equipment and leasehold improvements, net 333 458
Accounts receivable-long-term 10,183 8,889
Other assets 72 54
Deferred income taxes 201 251
Total assets 78,146 74,861
Current liabilities    
Accounts payable and accrued expenses 46,782 45,796
Current portion - capital lease obligation 76 76
Total current liabilities 46,858 45,872
Long- term portion- capital lease obligation   55
Total liabilities 46,858 45,927
Commitments and contingencies      
Stockholders' equity    
Common Stock, $.01 par value; 10,000,000 shares authorized, 5,284,500 shares issued; 4,761,794 and 4,679,878 shares outstanding, respectively 53 53
Additional paid-in capital 27,431 26,725
Treasury stock, at cost, 522,706 and 604,622 shares, respectively (4,994) (4,991)
Retained earnings 8,265 6,818
Accumulated other comprehensive income 533 329
Total stockholders' equity 31,288 28,934
Total liabilities and stockholders' equity $ 78,146 $ 74,861