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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 11,170 $ 9,407
Accounts receivable, net of allowances of $133 and $469 in 2017 and 2016, respectively 68,920 71,355
Prepaid and other current assets 2,370 2,010
Income taxes receivable 1,068  
Total current assets 83,528 82,772
Property, equipment and capitalized software, net 6,996 5,863
Deferred income taxes 3,861 6,886
Cash surrender value of life insurance 31,547 30,143
Other assets 1,302 881
Investments 401 370
Total assets 127,635 126,915
Current Liabilities:    
Accounts payable 9,425 6,973
Accrued compensation 17,065 17,365
Advance billings on contracts 1,918 935
Other current liabilities 4,328 4,610
Income taxes payable   28
Total current liabilities 32,736 29,911
Long-term debt 4,435 4,725
Deferred compensation benefits 11,647 12,993
Other long-term liabilities 193 467
Total liabilities 49,011 48,096
Shareholders’ Equity:    
Common stock, par value $0.01 per share, 150,000,000 shares authorized; 27,017,824 shares issued in both periods 270 270
Capital in excess of par value 120,247 123,947
Retained earnings 85,029 84,223
Less: Treasury stock of 11,754,147 and 11,077,779 shares at cost, in 2017 and 2016, respectively (113,246) (112,858)
Accumulated other comprehensive loss (13,676) (16,763)
Total shareholders’ equity 78,624 78,819
Total liabilities and shareholders’ equity $ 127,635 $ 126,915