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TRANSACT TECHNOLOGIES INCORPORATED CONSOLIDATED BALANCE SHEETS (In thousands, except share data) (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 2,936,000 $ 7,537,000
Accounts receivable, net 13,234,000 15,927,000
Inventories 13,509,000 10,321,000
Prepaid income taxes 390,000  
Deferred tax assets 1,655,000 1,443,000
Other current assets 497,000 471,000
Total current assets 32,221,000 35,699,000
Fixed assets, net 2,732,000 3,302,000
Goodwill 2,621,000 2,621,000
Deferred tax assets 920,000 1,172,000
Intangible assets, net of accumulated amortization of $1,811 and $1,298, respectively 1,856,000 2,328,000
Other assets 58,000 106,000
8,187,000 9,529,000
Total assets 40,408,000 45,228,000
Current liabilities:    
Accounts payable 4,749,000 6,422,000
Accrued liabilities 2,215,000 2,927,000
Income taxes payable 26,000 629,000
Accrued contingent consideration (Note 3) 60,000 136,000
Deferred revenue 300,000 93,000
Total current liabilities 7,350,000 10,207,000
Deferred revenue, net of current portion 103,000 168,000
Deferred rent, net of current portion 244,000 308,000
Accrued contingent consideration, net of current portion (Note 3)   824,000
Other liabilities 190,000 352,000
537,000 1,652,000
Total liabilities 7,887,000 11,859,000
Shareholders’ equity:    
Common stock, $0.01 par value, 20,000,000 authorized at December 31, 2013 and 2012; 11,106,354 and 10,903,077 shares issued; 8,319,316 and 8,720,200 shares outstanding, at December 31, 2013 and 2012, respectively 111,000 109,000
Additional paid-in capital 27,674,000 25,940,000
Retained earnings 27,326,000 24,708,000
Accumulated other comprehensive loss, net of tax (63,000) (55,000)
Treasury stock, 2,787,038 and 2,182,877 shares, at cost (22,527,000) (17,333,000)
Total shareholders’ equity 32,521,000 33,369,000
Total liabilities and shareholders’ equity $ 40,408,000 $ 45,228,000