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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 2,755 $ 7,537
Accounts receivable, net 15,561 15,927
Inventories 12,896 10,321
Deferred tax assets 1,443 1,443
Other current assets 534 471
Total current assets 33,189 35,699
Fixed assets, net 2,946 3,302
Goodwill 2,621 2,621
Deferred tax assets 1,104 1,172
Intangible assets, net of accumulated amortization of $1,683 and $1,298, respectively 1,984 2,328
Other assets 67 106
8,722 9,529
Total assets 41,911 45,228
Current liabilities:    
Accounts payable 5,847 6,422
Accrued liabilities 3,120 2,927
Income taxes payable 26 629
Accrued contingent consideration (Note 4) 230 136
Deferred revenue 155 93
Total current liabilities 9,378 10,207
Deferred revenue, net of current portion 170 168
Deferred rent, net of current portion 261 308
Accrued contingent consideration, net of current portion (Note 4) 530 824
Other liabilities 163 352
1,124 1,652
Total liabilities 10,502 11,859
Shareholders’ equity:    
Common stock, $0.01 par value, 20,000,000 shares authorized; 11,031,618 and 10,903,077 shares issued, respectively; 8,244,580 and 8,720,200 shares outstanding, respectively 110 109
Additional paid-in capital 27,096 25,940
Retained earnings 26,796 24,708
Accumulated other comprehensive loss, net of tax (66) (55)
Treasury stock, at cost, 2,787,038 and 2,182,877 shares, respectively (22,527) (17,333)
Total shareholders’ equity 31,409 33,369
Total liabilities and shareholders’ equity $ 41,911 $ 45,228