Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 19,609 $ 9,835
Marketable securities 0 4,411
Accounts receivable, net of allowances of $1,429 and $1,586 in 2013 and 2012, respectively 60,796 61,388
Inventory, net 1,315 1,717
Prepaid expenses and other current assets 2,117 1,281
Deferred income taxes 218 280
Total current assets 84,055 78,912
Equipment and leasehold improvements, net 324 375
Accounts receivable-long-term 10,006 11,851
Other assets 159 71
Deferred income taxes 216 236
Total assets 94,760 91,445
Current liabilities:    
Accounts payable and accrued expenses 60,039 59,265
Current portion - capital lease obligation   55
Total current liabilities 60,039 59,320
Commitments and Contingencies      
Stockholders' equity:    
Common Stock, $.01 par value; 10,000,000 shares authorized; 5,284,500 shares issued; and 4,653,293 and 4,740,873 shares outstanding in 2013 and 2012, respectively 53 53
Additional paid-in capital 28,791 27,712
Treasury stock, at cost, 631,207 and 543,627 shares in 2013 and 2012, Respectively (7,017) (5,373)
Retained earnings 12,695 9,316
Accumulated other comprehensive income 199 417
Total stockholders' equity 34,721 32,125
Total liabilities and stockholders' equity $ 94,760 $ 91,445