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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 14,398 $ 18,637
Marketable securities 31 36
Accounts receivable, net of allowance for doubtful accounts of $1,825 and $1,922, respectively 29,294 31,910
Inventories 1,428 1,111
Prepaid expenses and other current assets 3,660 4,094
Prepaid income taxes 2,762 597
Deferred income taxes 2,088 1,953
Total current assets 53,661 58,338
Property and equipment, net of accumulated depreciation of $22,933 and $21,925, respectively 12,301 13,527
Goodwill 2,116 2,116
Other intangible assets, net of accumulated amortization of $6,619 and $5,802, respectively 9,033 10,464
Deferred income taxes 4,478 5,649
Other assets 1,344 1,377
Total assets 82,933 91,471
Current liabilities:    
Short-term debt 0 1,625
Accounts payable 8,094 7,310
Accrued liabilities:    
Employee compensation 1,680 2,007
Other accrued liabilities 4,682 7,708
Total current liabilities 14,456 18,650
Other liabilities 527 520
Total liabilities $ 14,983 $ 19,170
Commitments and Contingencies
Shareholders’ equity:    
Common stock, $.01 par value, 40,000,000 shares authorized, 23,419,008 and 23,027,704 shares issued, and 23,167,216, and 22,860,398 shares outstanding, respectively $ 234 $ 230
Additional paid-in capital 134,905 134,985
Accumulated deficit (65,066) (61,752)
Accumulated other comprehensive loss (1,157) (448)
Nil coupon perpetual loan notes 76 76
Treasury stock, 251,792 and 167,306 shares, respectively, at cost (1,042) (790)
Total shareholders’ equity 67,950 72,301
Total liabilities and shareholders’ equity $ 82,933 $ 91,471