Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 13,517	$ 12,991
Trade accounts receivable, less allowance for doubtful accounts of $144 and $175, respectively	11,639	11,922	[1]
Prepaid expenses	2,038	2,925
Income taxes receivable	69	348
Other current assets	1,894	224
Total current assets	29,157	28,410
Net property and equipment	13,530	14,153
Intangible assets, net	1,728	2,102
Goodwill	57,935	57,831
Operating lease right-of-use assets	1,628
Deferred contract costs, net	4,204	3,484
Other	2,503	2,052
Total assets	110,685	108,032
Current liabilities:
Current portion of notes payable, net of unamortized debt issuance costs	4,378	3,667
Accounts payable	1,279	613
Accrued wages, bonus and profit sharing	6,086	5,798
Accrued expenses	3,408	2,834
Income taxes payable	366	636
Dividends payable	5,239	17,113
Deferred revenue	16,354	16,244	[1]
Other current liabilities	1,045	204
Total current liabilities	38,155	47,109
Notes payable, net of current portion and unamortized debt issuance costs	29,795	34,176
Deferred income taxes	7,399	6,276
Other long term liabilities	2,444	1,388
Total liabilities	77,793	88,949
Shareholders’ equity:
Preferred stock, $0.01 par value, authorized 2,000,000 shares, none issued	0	0
Common stock, value	30	30
Additional paid-in capital	162,154	157,312
Retained earnings (accumulated deficit)	(93,357)	(106,339)
Accumulated other comprehensive loss, foreign currency translation adjustment	(2,209)	(2,916)
Treasury stock, at cost; 5,204,074 Common (formerly Class A) shares in 2019 and 5,116,871 in 2018	(33,726)	(29,004)
Total shareholders’ equity	32,892	19,083
Total liabilities and shareholders’ equity	$ 110,685	$ 108,032

[1] Represents the December 31, 2017 balance adjusted for the ASC 606 transition adjustments.