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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 102,139 $ 78,791
Accounts receivable, net 63,930 66,486
Inventories 10,265 8,304
Prepaid expenses and other current assets 5,895 10,263
Total current assets 182,229 163,844
Property and equipment, net 2,333 2,397
Intangible assets, net 17,473 18,103
Goodwill 39,743 39,743
Deferred tax asset, net 14,109 13,822
Other assets 3,565 694
Total assets 259,452 238,603
Current liabilities:    
Accounts payable 16,786 9,917
Accrued expenses 22,436 23,519
Current portion of long-term debt 5,000 6,250
Total current liabilities 44,222 39,686
Other long-term liabilities 2,870 0
Long-term debt, less current portion 36,999 38,155
Commitments and Contingencies
Stockholders' equity:    
Preferred stock, 1,500,000 shares authorized and no shares issued or outstanding as of March 31, 2019 and December 31, 2018 0 0
Common stock, $0.001 par value; 50,000,000 shares authorized; 16,519,728 and 16,504,283 shares issued as of March 31, 2019 and December 31, 2018, respectively 17 17
Additional paid in capital 262,084 256,458
Retained earnings 67,160 58,187
Treasury stock, at cost, 2,590,258 and 2,590,258 shares as of March 31, 2019 and December 31, 2018, respectively (153,900) (153,900)
Total stockholders' equity 175,361 160,762
Total liabilities and stockholders' equity $ 259,452 $ 238,603