Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 6,464 $ 5,530
Accounts receivable, net of allowances of $2,449 and $2,102, respectively 83,762 76,937
Inventory, net 1,760 2,794
Vendor prepayments 3,970 6,837
Prepaid expenses and other current assets 525 553
Total current assets 96,481 92,651
Equipment and leasehold improvements, net 1,682 1,828
Accounts receivable-long-term, net 4,535 7,437
Other assets 281 231
Deferred income taxes 131 138
Total assets 103,110 102,285
Current liabilities:    
Accounts payable and accrued expenses 62,675 62,792
Total current liabilities 62,675 62,792
Deferred rent and tenant allowances 729 781
Total liabilities 63,404 63,573
Stockholders’ equity:    
Common Stock, $.01 par value; 10,000,000 shares authorized; 5,284,500 shares issued: 4,498,223 and 4,454,829 shares outstanding, respectively 53 53
Additional paid-in capital 32,241 31,257
Treasury stock, at cost, 786,277 and 829,671 shares, respectively (13,426) (14,207)
Retained earnings 22,020 22,522
Accumulated other comprehensive loss (1,182) (913)
Total stockholders' equity 39,706 38,712
Total liabilities and stockholders' equity $ 103,110 $ 102,285