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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 26,838 $ 35,128
Accounts receivable, less allowance for doubtful accounts of $295 and $384 as of December 31, 2016 and 2015, respectively 14,415 16,398
Income tax receivable 542 1,356
Deferred tax assets 793 1,230
Deposits 105 782
Prepaid expenses and other 1,773 2,167
Total current assets 44,466 57,061
Deposits and other 702 516
Deferred tax assets 1,052 1,769
Restricted cash 1,152 1,328
Property and equipment, net 6,158 7,905
Total assets 53,530 68,579
Current liabilities:    
Accounts payable 19,714 23,655
Accrued expenses and other 8,699 10,140
Deferred revenue 719 1,085
Income tax payable 691 477
Note payable to related party 0 5,658
Total current liabilities 29,823 41,015
Long-term tax liabilities 2,879 3,000
Long-term deferred rent and other 2,764 3,177
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value per share (5,000 shares authorized; none issued) 0 0
Common stock, $0.01 par value (40,000 shares authorized; 13,462 shares issued and outstanding as of December 31, 2016 and 14,518 shares issued and outstanding as of December 31, 2015) 135 150
Additional paid-in capital 0 7,759
Retained earnings 21,716 17,386
Accumulated other comprehensive loss (3,787) (3,908)
Total stockholders’ equity 18,064 21,387
Total liabilities and stockholders’ equity $ 53,530 $ 68,579