Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 18,878 $ 23,124
Accounts receivable, net of allowances of $1,196 and $1,819, respectively 56,006 60,782
Inventory, net 2,360 1,491
Prepaid expenses and other current assets 1,247 933
Deferred income taxes 203 245
Total current assets 78,694 86,575
Equipment and leasehold improvements, net 396 412
Accounts receivable-long-term 5,531 7,660
Other assets 104 152
Deferred income taxes 182 182
Total assets 84,907 94,981
Current liabilities:    
Accounts payable and accrued expenses 46,309 55,414
Total current liabilities $ 46,309 $ 55,414
Commitments and contingencies    
Stockholders' equity:    
Common Stock, $.01 par value; 10,000,000 shares authorized, 5,284,500 shares issued; 4,806,311 and 4,890,756 shares outstanding, respectively $ 53 $ 53
Additional paid-in capital 31,744 31,013
Treasury stock, at cost, 478,189 and 393,744 shares, respectively (8,431) (6,166)
Retained earnings 16,252 15,225
Accumulated other comprehensive loss (1,020) (558)
Total stockholders' equity 38,598 39,567
Total liabilities and stockholders' equity $ 84,907 $ 94,981