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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 15,721 $ 18,128
Restricted cash 374 521
Accounts receivable, net of allowance for doubtful accounts of $446 and $447 at June 30, 2015 and December 31, 2014, respectively 42,961 59,126
Inventories, net of reserves of $635 and $768 at June 30, 2015 and December 31, 2014, respectively 10,333 10,534
Other receivables 4,565 5,638
Prepaid expenses and other current assets 4,551 7,103
Total current assets 78,505 101,050
PROPERTY AND EQUIPMENT, net 23,912 26,604
IDENTIFIABLE INTANGIBLES, net 1,813 2,170
GOODWILL 10,322 8,366
OTHER ASSETS 2,101 2,556
Total assets 116,653 140,746
CURRENT LIABILITIES:    
Current portion of long-term debt and capital lease obligations 5,717 6,850
Trade accounts payable 27,839 38,842
Deferred revenue 6,806 9,098
Accrued expenses 24,124 28,473
Total current liabilities 64,486 83,263
LONG-TERM DEBT AND CAPITAL LEASE OBLIGATIONS, less current portion 3,739 4,062
DEFERRED REVENUE 4,481 5,355
DEFERRED RENT 4,561 4,870
OTHER LIABILITIES 368 3,091
Total liabilities $ 77,635 $ 100,641
COMMITMENTS AND CONTINGENCIES    
SHAREHOLDERS’ EQUITY:    
Preferred stock, $1.00 par value; 1,000,000 shares authorized; none issued or outstanding    
Common stock, $0.001 par value; 35,000,000 shares authorized; 17,511,982 and 17,047,093 shares issued at June 30, 2015 and December 31, 2014, respectively; and 17,478,515 and 17,013,622 outstanding at June 30, 2015 and December 31, 2014, respectively $ 17 $ 17
Additional paid-in capital 132,631 129,457
Accumulated deficit (93,519) (89,926)
Accumulated other comprehensive income 14 682
Treasury stock at cost, 33,467 shares (125) (125)
Total shareholders’ equity 39,018 40,105
Total liabilities and shareholders’ equity $ 116,653 $ 140,746