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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 3,525 $ 2,503
Accounts receivable, net 11,331 10,585
Inventories 8,171 9,707
Other current assets 834 372
Total current assets 23,861 23,167
Fixed assets, net of accumulated depreciation of $18,991 and $18,336, respectively 2,237 2,241
Goodwill 2,621 2,621
Deferred tax assets 3,549 3,432
Intangible assets, net of accumulated amortization of $3,024, and $2,779, respectively 332 545
Other assets 36 36
Total noncurrent assets 8,775 8,875
Total assets 32,636 32,042
Current liabilities:    
Accounts payable 3,009 4,894
Accrued liabilities 2,666 2,394
Income taxes payable 143 19
Deferred revenue 152 117
Total current liabilities 5,970 7,424
Deferred revenue, net of current portion 67 67
Deferred rent, net of current portion 269 178
Other liabilities 212 264
Total noncurrent liabilities 548 509
Total liabilities 6,518 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 30,377 29,701
Retained earnings 25,838 24,157
Treasury stock, 3,851,967 and 3,388,589 shares, at cost (99) (109)
Treasury stock, at cost, 3,801,967 and 3,388,589 shares, respectively (30,110) (29,752)
Total shareholders' equity 26,118 24,109
Total liabilities and shareholders' equity $ 32,636 $ 32,042