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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 19,137 $ 25,140
Accounts receivable, net of allowances of $406 and $397 in 2023 and 2022, respectively 70,457 70,979
Prepaid and other current assets 4,992 3,769
Total current assets 94,586 99,888
Property, equipment and capitalized software, net 5,725 5,061
Operating lease right-of-use assets 19,398 18,506
Deferred income taxes 3,815 2,886
Acquired intangibles, net 12,210 12,943
Goodwill 36,245 35,998
Cash surrender value of life insurance, net 4,202 4,120
Other assets 2,320 2,101
Investments 155 116
Total assets 178,656 181,619
Current Liabilities:    
Accounts payable 14,389 14,254
Accrued compensation 14,859 19,016
Advance billings on contracts 4,030 5,480
Short-term operating lease liabilities 5,584 5,905
Other current liabilities 7,864 7,066
Income taxes payable 68 212
Total current liabilities 46,794 51,933
Deferred compensation benefits 6,796 6,424
Long-term operating lease liabilities 13,686 12,466
Deferred income taxes 1,365 1,482
Other long-term liabilities 2,262 3,335
Total liabilities 70,903 75,640
Shareholders’ Equity:    
Common stock, par value $0.01 per share, 150,000,000 shares authorized; 27,017,824 shares issued in 2023 and 2022 270 270
Capital in excess of par value 107,250 109,868
Retained earnings 114,836 114,651
Less: Treasury stock of 10,973,009 and 11,274,171 shares at cost, in 2023 and 2022, respectively (100,455) (103,504)
Accumulated other comprehensive loss (14,148) (15,306)
Total shareholders’ equity 107,753 105,979
Total liabilities and shareholders’ equity $ 178,656 $ 181,619