Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 9,729 $ 13,524
Accounts receivable, net of allowances of $2,751 and $2,293, respectively 63,010 83,317
Inventory, net 2,349 2,324
Prepaid expenses and other current assets 1,212 948
Total current assets 76,300 100,113
Equipment and leasehold improvements, net 1,993 1,937
Accounts receivable-long-term 11,969 11,119
Other assets 214 113
Deferred income taxes 444 416
Total assets 90,920 113,698
Current liabilities    
Accounts payable and accrued expenses 53,543 76,087
Total current liabilities 53,543 76,087
Commitments and contingencies
Stockholders' equity:    
Common Stock, $.01 par value; 10,000,000 shares authorized; 5,284,500 shares issued; 4,513,205 and 4,555,434 shares outstanding, respectively 53 53
Additional paid-in capital 29,944 30,683
Treasury stock, at cost, 771,295 and 729,066 shares, respectively (12,963) (12,029)
Retained earnings 21,568 20,515
Accumulated other comprehensive loss (1,225) (1,611)
Total stockholders' equity 37,377 37,611
Total liabilities and stockholders' equity $ 90,920 $ 113,698