v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 45,031 $ 14,984
Accounts receivable, net of allowances of $840 and $765, respectively 74,760 100,987
Inventory, net 2,088 2,760
Vendor prepayments 317 100
Prepaid expenses and other current assets 2,564 2,718
Total current assets 124,760 121,549
Equipment and leasehold improvements, net 1,113 1,215
Goodwill 3,901  
Other intangibles, net 3,826  
Right-of-use assets, net 1,746 1,792
Accounts receivable-long-term, net 442 1,358
Other assets 126 111
Deferred income tax assets   256
Total assets 135,914 126,281
Current liabilities:    
Accounts payable and accrued expenses 90,670 78,364
Lease liability, current portion 448 383
Total current liabilities 91,118 78,747
Lease liability, net of current portion 2,032 2,189
Non-current liabilities 863 89
Deferred income tax liabilities 143  
Total liabilities 94,156 81,025
Commitments and contingencies
Stockholders’ equity:    
Common stock, $.01 par value; 10,000,000 shares authorized; 5,284,500 shares issued: 4,351,473 and 4,505,693 shares outstanding, respectively 53 53
Additional paid-in capital 31,382 32,874
Treasury stock, at cost, 933,027 and 778,807 shares, respectively (14,885) (13,256)
Retained earnings 26,617 26,715
Accumulated other comprehensive loss (1,409) (1,130)
Total stockholders' equity 41,758 45,256
Total liabilities and stockholders' equity $ 135,914 $ 126,281

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