v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 29,315 $ 29,272
Accounts receivable, net of allowance for doubtful accounts of $912 and $881, respectively 114,963 122,502
Inventory, net 1,703 2,022
Vendor prepayments and advances 924 661
Prepaid expenses and other current assets 3,006 4,871
Total current assets 149,911 159,328
Equipment and leasehold improvements, net 2,104 1,932
Goodwill 15,821 17,188
Other intangibles, net 8,876 9,950
Right-of-use assets, net 1,442 1,628
Accounts receivable-long-term, net 297 78
Other assets 432 459
Deferred income tax assets 120 189
Total assets 179,003 190,752
Current liabilities:    
Accounts payable and accrued expenses 118,904 134,271
Lease liabilities, current portion 488 475
Term loan, current portion 511  
Total current liabilities 119,903 134,746
Lease liabilities, net of current portion 1,556 1,810
Deferred income tax liabilities 1,549 1,780
Term loan, net of current portion 1,554  
Non-current liabilities 28  
Total liabilities 124,590 138,336
Commitments and contingencies
Stockholders' equity:    
Common stock, $.01 par value; 10,000,000 shares authorized; 5,284,500 shares issued: 4,459,096 and 4,424,672 shares outstanding, respectively 53 53
Additional paid-in capital 31,991 32,087
Treasury stock, at cost, 825,404 and 859,828 shares, respectively (13,453) (13,870)
Retained earnings 38,407 34,396
Accumulated other comprehensive loss (2,585) (250)
Total stockholders' equity 54,413 52,416
Total liabilities and stockholders' equity $ 179,003 $ 190,752

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