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TRANSACT TECHNOLOGIES INCORPORATED CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 10,948 $ 11,285
Receivables, net 10,414 10,864
Inventories 12,704 12,795
Deferred tax assets 1,705 1,705
Other current assets 493 403
Total current assets 36,264 37,052
Fixed assets, net 3,604 4,071
Goodwill 1,469 1,469
Deferred tax assets 784 789
Intangible and other assets, net of accumulated amortization of $517 and $475, respectively 774 240
[AssetsNoncurrent] 6,631 6,569
Total assets 42,895 43,621
Current liabilities:    
Accounts payable 5,184 8,342
Accrued liabilities 2,466 2,865
Deferred revenue 272 320
Total current liabilities 7,922 11,527
Deferred revenue, net of current portion 271 295
Deferred rent, net of current portion 375 393
Other liabilities 338 272
[LiabilitiesNoncurrent] 984 960
Total liabilities 8,906 12,487
Shareholders’ equity:    
Common stock, $0.01 par value, 20,000,000 authorized at June 30, 2011 and December 31, 2010; 10,770,098 and 10,612,881 shares issued, respectively; 9,425,760 and 9,426,443 shares outstanding at June 30, 2011 and December 31, 2010, respectively 108 106
Additional paid-in capital 24,296 22,875
Retained earnings 20,204 16,937
Accumulated other comprehensive loss, net of tax (61) (69)
Treasury stock, 1,344,338 and 1,186,438 shares at June 30, 2011 and December 31, 2010, respectively (10,558) (8,715)
Total shareholders’ equity 33,989 31,134
Total liabilities and shareholders’ equity $ 42,895 $ 43,621