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Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Cash and cash equivalents $ 5,718,000 $ 4,382,000
Accounts receivable, net 23,203,000 26,245,000
Deferred income taxes 529,000 464,000
Prepaid expenses and other current assets 661,000 868,000
Total current assets 30,111,000 31,959,000
Property and equipment, net 2,443,000 2,175,000
Goodwill 1,800,000 1,800,000
Intangible assets, net 2,551,000 3,149,000
Deferred income taxes 5,890,000 5,134,000
Other assets 611,000 353,000
Total assets 43,406,000 44,570,000
Liabilities and equity    
Accounts payable 2,984,000 4,011,000
Accrued expenses and other current liabilities 7,082,000 8,149,000
Total accrued expenses due to affiliates 78,000 487,000
Deferred income taxes 2,154,000 1,540,000
Customer deposits 503,000 659,000
Lines of credit and short-term loans 476,000 658,000
Total current liabilities 13,277,000 15,504,000
Long-term debt 5,731,000 5,855,000
Total liabilities $ 19,008,000 $ 21,359,000
Commitments and contingencies – See Note 6
Equity:    
Preferred stock, $.01 par value: Authorized and available shares– 2,445,598 Issued and outstanding shares – None – December 31, 2015 and None – December 31, 2014
Common stock, $.01 par value: Authorized shares – 47,000,000 Issued shares – 20,680,717 – December 31, 2015 and December 31, 2014 $ 207,000 $ 207,000
Treasury stock, at cost 119,695 shares – December 31, 2015 and 121,663 shares – December 31, 2014 (169,000) (183,000)
Additional paid-in capital 15,871,000 15,519,000
Accumulated other comprehensive loss (2,869,000) (1,556,000)
Retained earnings 5,662,000 4,770,000
Total SPAR Group, Inc. equity 18,702,000 18,757,000
Non-controlling interest 5,696,000 4,454,000
Total equity 24,398,000 23,211,000
Total liabilities and equity $ 43,406,000 $ 44,570,000