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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 9,383 $ 21,684
Restricted cash 2,000 0
Marketable securities 14 19
Accounts receivable, net of allowance for doubtful accounts of $1,687 and $1,772, respectively 26,546 23,060
Inventories 1,436 1,653
Prepaid expenses and other current assets 2,960 3,889
Prepaid income taxes 2,415 1,857
Deferred income taxes 1,239 239
Total current assets 45,993 52,401
Property and equipment, net of accumulated depreciation of $23,921 and $23,414, respectively 11,568 12,001
Goodwill 2,116 2,116
Other intangible assets, net of accumulated amortization of $7,886 and $7,452, respectively 6,748 7,144
Deferred income taxes 0 992
Restricted cash 5,020 0
Other assets 1,334 1,357
Total assets 72,779 76,011
Current liabilities:    
Accounts payable 8,615 8,942
Accrued liabilities:    
Employee compensation 1,620 1,645
Other accrued liabilities 4,964 5,949
Total current liabilities 15,199 16,536
Other liabilities 510 501
Total liabilities $ 15,709 $ 17,037
Commitments and Contingencies
Shareholders’ equity:    
Common stock, $.01 par value, 40,000,000 shares authorized, 23,539,342 and 23,419,008 shares issued, and 23,257,804, and 23,167,216 shares outstanding, respectively $ 235 $ 234
Additional paid-in capital 135,753 135,394
Accumulated deficit (76,769) (74,132)
Accumulated other comprehensive loss (1,130) (1,556)
Nil coupon perpetual loan notes 76 76
Treasury stock, at cost (1,095) (1,042)
Total shareholders’ equity 57,070 58,974
Total liabilities and shareholders’ equity $ 72,779 $ 76,011