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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 21,684 $ 18,637
Marketable securities 19 36
Accounts receivable, net 23,060 31,910
Inventories 1,653 1,111
Prepaid expenses and other current assets 3,889 4,094
Income taxes receivable 1,857 597
Deferred income taxes 239 1,953
Total current assets 52,401 58,338
Property and equipment, net 12,001 13,527
Goodwill 2,116 2,116
Other intangible assets, net 7,144 10,464
Deferred income taxes 992 5,649
Other assets 1,357 1,377
Total assets 76,011 91,471
Current liabilities:    
Short-term debt 0 1,625
Accounts payable 8,942 7,310
Accrued liabilities:    
Employee compensation 1,645 2,007
Other accrued liabilities 5,949 7,708
Total current liabilities 16,536 18,650
Other liabilities 501 520
Total liabilities $ 17,037 $ 19,170
COMMITMENTS AND CONTINGENCIES (Note 9)
Stockholders’ 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 outstanding in 2015 and 2014, respectively $ 234 $ 230
Additional paid-in capital 135,394 134,985
Accumulated deficit (74,132) (61,752)
Accumulated other comprehensive loss (1,556) (448)
Nil coupon perpetual loan notes 76 76
Treasury stock, 251,792 and 167,306 shares in 2015 and 2014, respectively, at cost (1,042) (790)
Total stockholders’ equity 58,974 72,301
Total liabilities and stockholders’ equity $ 76,011 $ 91,471