v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 37,047 $ 29,272
Accounts receivable, net of allowance for doubtful accounts of $931 and $881, respectively 114,331 122,502
Inventory, net 1,742 2,022
Vendor prepayments and advances 760 661
Prepaid expenses and other current assets 4,372 4,871
Total current assets 158,252 159,328
Equipment and leasehold improvements, net 1,937 1,932
Goodwill 16,860 17,188
Other intangibles, net 9,597 9,950
Right-of-use assets, net 1,572 1,628
Accounts receivable-long-term, net 59 78
Other assets 417 459
Deferred income tax assets 76 189
Total assets 188,770 190,752
Current liabilities:    
Accounts payable and accrued expenses 130,805 134,271
Lease liability, current portion 498 475
Total current liabilities 131,303 134,746
Lease liability, net of current portion 1,704 1,810
Deferred income tax liabilities 1,826 1,780
Non-current liabilities 28  
Total liabilities 134,861 138,336
Commitments and contingencies
Stockholders' equity:    
Common stock, $.01 par value; 10,000,000 shares authorized; 5,284,500 shares issued: 4,447,053 and 4,424,672 shares outstanding, respectively 53 53
Additional paid-in capital 31,954 32,087
Treasury stock, at cost, 837,447 and 859,828 shares, respectively (13,584) (13,870)
Retained earnings 36,362 34,396
Accumulated other comprehensive loss (876) (250)
Total stockholders' equity 53,909 52,416
Total liabilities and stockholders' equity $ 188,770 $ 190,752

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