v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 40,296 $ 14,984
Accounts receivable, net of allowances of $850 and $765, respectively 74,892 100,987
Inventory, net 3,138 2,760
Vendor prepayments 3,366 100
Prepaid expenses and other current assets 3,510 2,718
Total current assets 125,202 121,549
Equipment and leasehold improvements, net 1,028 1,215
Goodwill 3,999  
Other intangibles, net 3,772  
Right-of-use assets, net 1,643 1,792
Accounts receivable-long-term, net 388 1,358
Other assets 176 111
Deferred income tax assets   256
Total assets 136,208 126,281
Current liabilities:    
Accounts payable and accrued expenses 91,455 78,364
Lease liability, current portion 428 383
Total current liabilities 91,883 78,747
Lease liability, net of current portion 1,926 2,189
Non-current liabilities 89 89
Deferred income tax liabilities 82  
Total liabilities 93,980 81,025
Commitments and contingencies
Stockholders’ equity:    
Common stock, $.01 par value; 10,000,000 shares authorized; 5,284,500 shares issued: 4,365,613 and 4,505,693 shares outstanding, respectively 53 53
Additional paid-in capital 31,720 32,874
Treasury stock, at cost, 918,887 and 778,807 shares, respectively (14,668) (13,256)
Retained earnings 26,405 26,715
Accumulated other comprehensive loss (1,282) (1,130)
Total stockholders' equity 42,228 45,256
Total liabilities and stockholders' equity $ 136,208 $ 126,281

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