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TRANSACT TECHNOLOGIES INCORPORATED CONSOLIDATED BALANCE SHEETS (In thousands, except share data) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 7,537,000 $ 6,863,000
Accounts receivable, net 15,927,000 9,583,000
Inventories 10,321,000 14,151,000
Prepaid income taxes   446,000
Deferred tax assets 1,443,000 1,636,000
Other current assets 471,000 375,000
Total current assets 35,699,000 33,054,000
Fixed assets, net 3,302,000 3,358,000
Goodwill 2,621,000 2,518,000
Deferred tax assets 1,172,000 890,000
Intangible assets, net of accumulated amortization of $1,298 and $730, respectively 2,328,000 2,861,000
Other assets 106,000 59,000
9,529,000 9,686,000
Total assets 45,228,000 42,740,000
Current liabilities:    
Accounts payable 6,422,000 3,019,000
Accrued liabilities 2,927,000 2,632,000
Income taxes payable 629,000 40,000
Accrued contingent consideration (Note 3) 136,000  
Deferred revenue 93,000 141,000
Total current liabilities 10,207,000 5,832,000
Deferred revenue, net of current portion 168,000 224,000
Deferred rent, net of current portion 308,000 357,000
Accrued contingent consideration, net of current portion (Note 3) 824,000 680,000
Other liabilities 352,000 334,000
1,652,000 1,595,000
Total liabilities 11,859,000 7,427,000
Shareholders’ equity:    
Common stock, $0.01 par value, 20,000,000 authorized at December 31, 2012 and 2011; 10,903,077 and 10,851,955 shares issued; 8,720,200 and 9,390,262 shares outstanding, at December 31, 2012 and 2011, respectively 109,000 108,000
Additional paid-in capital 25,940,000 25,058,000
Retained earnings 24,708,000 21,613,000
Accumulated other comprehensive loss, net of tax (55,000) (71,000)
Treasury stock, 2,182,877 and 1,461,693 shares, at cost (17,333,000) (11,395,000)
Total shareholders’ equity 33,369,000 35,313,000
Total liabilities and shareholders’ equity $ 45,228,000 $ 42,740,000