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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 21,855 $ 13,517
Trade accounts receivable, less allowance for doubtful accounts of $126 and $144, respectively 17,426 11,639
Prepaid expenses 2,598 2,038
Income taxes receivable 2,673 69
Insurance recoverable 913 0
Other current assets 1,901 1,894
Total current assets 47,366 29,157
Net property and equipment 12,267 13,530
Intangible assets, net 1,462 1,728
Goodwill 57,875 57,935
Deferred contract costs, net 4,542 4,204
Operating lease right-of-use assets 1,213 1,628
Other 2,521 2,503
Total assets 127,246 110,685
Current liabilities:    
Current portion of notes payable 4,008 4,378
Accounts payable 725 1,279
Accrued wages, bonus and profit sharing 6,155 6,086
Accrued expenses 2,616 3,408
Income taxes payable 0 366
Dividends payable   5,239
Deferred revenue 17,328 16,354
Other current liabilities 1,241 1,045
Total current liabilities 32,073 38,155
Notes payable, net of current portion and unamortized debt issuance costs 27,583 29,795
Deferred income taxes 7,265 7,399
Other long term liabilities 3,596 2,444
Total liabilities 70,517 77,793
Shareholders’ equity:    
Preferred stock, $0.01 par value, authorized 2,000,000 shares, none issued 0 0
Common stock, $0.001 par value; authorized 60,000,000 shares, issued 30,657,154 in 2020 and 30,151,574 in 2019, outstanding 25,321,141 in 2020 and 24,947,500 in 2019 31 30
Additional paid-in capital 170,052 162,154
Retained earnings (accumulated deficit) (69,587) (93,357)
Accumulated other comprehensive loss, foreign currency translation adjustment (2,623) (2,209)
Treasury stock, at cost; 5,336,013, Common shares in 2020 and 5,204,074 shares in 2019 (41,144) (33,726)
Total shareholders’ equity 56,729 32,892
Total liabilities and shareholders’ equity $ 127,246 $ 110,685