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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 34,664 $ 33,021
Trade accounts receivable, less allowance for doubtful accounts of $165 and $169 in 2017 and 2016, respectively 13,524 10,864
Unbilled revenue 1,923 1,546
Prepaid expenses 2,237 1,585
Income tax receivable 24 14
Other current assets 11 35
Total current assets 52,383 47,065
Property and equipment, net 12,133 11,806
Intangible assets, net 2,977 3,124
Goodwill 57,881 57,861
Other 685 768
Total assets 126,059 120,624
Current liabilities:    
Current portion of notes payable 2,499 2,683
Accounts payable 817 765
Accrued wages, bonus and profit sharing 3,306 4,543
Accrued expenses 2,658 3,069
Current portion of capital lease obligations 101 82
Income taxes payable 3,563 662
Dividends payable 4,218 4,213
Deferred revenue 17,189 15,497
Total current liabilities 34,351 31,514
Notes payable, net of current portion 225 857
Deferred income taxes 5,275 4,861
Other long term liabilities 636 586
Total liabilities 40,487 37,818
Shareholders’ equity:    
Preferred stock, $0.01 par value; authorized 2,000,000 shares, none issued 0 0
Additional paid-in capital 48,787 46,725
Retained earnings 73,810 71,507
Accumulated other comprehensive loss (2,508) (2,626)
Treasury stock, at cost; 4,837,258 Class A shares, 777,412 Class B shares in 2017 and 4,765,691 Class A shares, 768,944 Class B shares in 2016 (34,547) (32,830)
Total shareholders’ equity 85,572 82,806
Total liabilities and shareholders’ equity 126,059 120,624
Common Class A [Member]    
Shareholders’ equity:    
Common stock, value 26 26
Common Class B [Member]    
Shareholders’ equity:    
Common stock, value $ 4 $ 4