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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 34,733 $ 33,021
Trade accounts receivable, less allowance for doubtful accounts of $200 and $169, respectively 13,343 10,864
Unbilled revenue 1,463 1,546
Prepaid expenses 2,310 1,585
Income taxes receivable 375 14
Other current assets 35 35
Total current assets 52,259 47,065
Net property and equipment 12,359 11,806
Intangible assets, net 2,764 3,124
Goodwill 58,021 57,861
Other 1,913 768
Total assets 127,316 120,624
Current liabilities:    
Current portion of notes payable 1,067 2,683
Accounts payable 593 765
Accrued wages, bonus and profit sharing 6,597 4,543
Accrued expenses 2,882 3,069
Current portion of capital lease obligations 71 82
Income taxes payable 662
Dividends payable 4,222 4,213
Deferred revenue 16,878 15,497
Total current liabilities 32,310 31,514
Notes payable, net of current portion 857
Deferred income taxes 4,030 4,670
Other long term liabilities 935 777
Total liabilities 37,275 37,818
Shareholders’ equity:    
Preferred stock, $0.01 par value, authorized 2,000,000 shares, none issued 0 0
Additional paid-in capital 51,025 46,725
Retained earnings 77,574 71,507
Accumulated other comprehensive (loss) income, foreign currency translation adjustment (1,635) (2,626)
Treasury stock, at cost; 4,898,527 Class A shares, 784,018 Class B shares in 2017 and 4,765,691 Class A shares, 768,944 Class B shares in 2016 (36,953) (32,830)
Total shareholders’ equity 90,041 82,806
Total liabilities and shareholders’ equity 127,316 120,624
Common Class A [Member]    
Shareholders’ equity:    
Common stock, value 26 26
Common Class B [Member]    
Shareholders’ equity:    
Common stock, value $ 4 $ 4