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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 7,502 $ 5,718
Accounts receivable, net 30,782 23,203
Deferred income taxes 532 529
Prepaid expenses and other current assets 898 661
Total current assets 39,714 30,111
Property and equipment, net 2,556 2,443
Goodwill 2,257 1,800
Intangible assets, net 2,154 2,551
Deferred income taxes 6,513 5,890
Other assets 2,290 611
Total assets 55,484 43,406
Liabilities and equity    
Accounts payable 5,007 2,984
Accrued expenses and other current liabilities 12,628 7,082
Total accrued expenses due to affiliates 989 78
Deferred income taxes 2,566 2,154
Customer deposits 955 503
Lines of credit and short-term loans 8,181 476
Total current liabilities 30,326 13,277
Long-term debt and other liabilities 12 5,731
Total liabilities 30,338 19,008
Commitments and Contingencies – See Note 8
Preferred stock, $.01 par value: Authorized and available shares - 2,445,598, Issued and outstanding shares - None – September 30, 2016 and December 31, 2015
Common stock, $.01 par value: Authorized shares - 47,000,000, Issued shares – 20,680,717 – September 30, 2016 and December 31, 2015 207 207
Treasury stock, at cost 42,177 shares – September 30, 2016 and 119,695 shares – December 31, 2015 (58) (169)
Additional paid-in capital 16,041 15,871
Accumulated other comprehensive loss (3,364) (2,869)
Retained earnings 5,746 5,662
Total SPAR Group, Inc. equity 18,572 18,702
Non-controlling interest 6,574 5,696
Total equity 25,146 24,398
Total liabilities and equity $ 55,484 $ 43,406