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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 4,877 $ 2,503
Accounts receivable, net 7,404 10,585
Inventories 9,521 9,707
Prepaid income taxes 210 0
Other current assets 674 372
Total current assets 22,686 23,167
Fixed assets, net of accumulated depreciation of $18,991 and $18,336, respectively 2,262 2,241
Goodwill 2,621 2,621
Deferred tax assets 3,484 3,432
Intangible assets, net of accumulated amortization of $3,024, and $2,779, respectively 386 545
Other assets 35 36
Total noncurrent assets 8,788 8,875
Total assets 31,474 32,042
Current liabilities:    
Accounts payable 3,421 4,894
Accrued liabilities 2,380 2,394
Income taxes payable 0 19
Deferred revenue 215 117
Total current liabilities 6,016 7,424
Deferred revenue, net of current portion 74 67
Deferred rent, net of current portion 190 178
Other liabilities 254 264
Total noncurrent liabilities 518 509
Total liabilities 6,534 7,933
Shareholders' equity:    
Common stock, $0.01 par value, 20,000,000 shares authorized; 11,185,331 and 11,170,881 shares issued, respectively; 7,383,364 and 7,782,292 shares outstanding, respectively 112 112
Additional paid-in capital 29,996 29,701
Retained earnings 24,686 24,157
Treasury stock, 3,851,967 and 3,388,589 shares, at cost (102) (109)
Treasury stock, at cost, 3,801,967 and 3,388,589 shares, respectively (29,752) (29,752)
Total shareholders' equity 24,940 24,109
Total liabilities and shareholders' equity $ 31,474 $ 32,042