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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 393 $ 482
Accounts receivable, net 57,470 52,335
Transit accounts receivable 3,665 2,569
Prepaid expenses and other current assets 3,400 3,425
Total current assets 64,928 58,811
Property and equipment, net 2,841 3,485
Other assets:    
Deposits 210 214
Goodwill 16,354 17,532
Operating right of use asset 6,290
Intangible assets, net 496 743
Deferred tax assets, net, domestic 621 725
Total other assets 23,971 19,214
Total assets 91,740 81,510
Current liabilities:    
Accounts payable and accrued expenses 6,349 9,969
Transit accounts payable 4,527 2,506
Accrued payroll and related costs 7,057 9,028
Finance lease payable 287
Income taxes payable 538 97
Operating right of use liability 2,275
Liability for contingent consideration from acquisitions 388 1,588
Total current liabilities 21,421 23,188
Deferred tax liability, foreign 402 398
Finance lease payable 194
Liability for contingent consideration from acquisitions 2,673 3,185
Operating right of use liability 4,264
Borrowings under line of credit 31,735 27,540
Total liabilities 60,689 54,311
Stockholders’ equity:    
Preferred stock, $1.00 par value; 5,000,000 shares authorized; no shares issued or outstanding
Common stock, $0.05 par value; 40,000,000 shares authorized; 15,779,019 shares issued and 12,955,847 shares outstanding at September 28, 2019 and 15,578,345 shares issued and 12,755,173 shares outstanding at December 29, 2018 788 778
Additional paid-in capital 108,121 107,326
Accumulated other comprehensive loss (2,757) (2,755)
Accumulated deficit (60,114) (63,163)
Treasury stock (2,823,172 shares at September 28, 2019 and December 29, 2018) at cost (14,987) (14,987)
Stockholders’ equity 31,051 27,199
Total liabilities and stockholders’ equity $ 91,740 $ 81,510