v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 23,781 $ 29,348
Accounts receivable, net of allowances of $922 and $892, respectively 101,878 93,821
Inventory, net 4,108 4,936
Vendor prepayments and advances 3,440 1,235
Prepaid expenses and other current assets 3,934 3,837
Total current assets 137,141 133,177
Equipment and leasehold improvements, net 2,163 2,308
Goodwill 17,566 16,816
Other intangibles, net 10,600 10,625
Right-of-use assets, net 1,738 1,933
Accounts receivable-long-term, net 116 304
Other assets 490 257
Deferred income tax assets 77 113
Total assets 169,891 165,533
Current liabilities:    
Accounts payable and accrued expenses 117,430 116,692
Lease liability, current portion 476 490
Total current liabilities 117,906 117,182
Lease liability, net of current portion 1,937 2,167
Deferred income tax liabilities 1,462 1,467
Total liabilities 121,305 120,816
Commitments and contingencies
Stockholders' equity:    
Common stock, $.01 par value; 10,000,000 shares authorized; 5,284,500 shares issued: 4,385,785 and 4,361,997 shares outstanding, respectively 53 53
Additional paid-in capital 32,037 31,962
Treasury stock, at cost, 898,715 and 922,503 shares, respectively (14,393) (14,747)
Retained earnings 30,356 28,191
Accumulated other comprehensive income (loss) 533 (742)
Total stockholders' equity 48,586 44,717
Total liabilities and stockholders' equity $ 169,891 $ 165,533

Source