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Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 25,140,000 $ 35,584,000
Accounts receivable, net of allowances of $397 and $561 in 2022 and 2021, respectively 70,979,000 84,252,000
Prepaid and other current assets 3,769,000 2,849,000
Income taxes receivable   80,000
Total current assets 99,888,000 122,765,000
Property, equipment and capitalized software, net 5,061,000 5,242,000
Operating lease right-of-use assets 18,506,000 22,132,000
Deferred income taxes 2,886,000 4,946,000
Acquired intangibles, net 12,943,000 7,280,000
Goodwill 35,998,000 19,676,000
Cash surrender value of life insurance 4,120,000 4,018,000
Other assets 2,101,000 2,228,000
Investments 116,000 47,000
Total assets 181,619,000 188,334,000
Current Liabilities:    
Accounts payable 14,254,000 21,150,000
Accrued compensation 19,016,000 22,534,000
Advance billings on contracts 5,480,000 4,762,000
Short-term operating lease liabilities 5,905,000 6,444,000
Short-term deferred payroll taxes   3,508,000
Other current liabilities 7,066,000 6,585,000
Income taxes payable 212,000  
Total current liabilities 51,933,000 64,983,000
Long-term debt 0 0
Deferred compensation benefits 6,424,000 11,437,000
Long-term operating lease liabilities 12,466,000 15,612,000
Deferred income taxes 1,482,000 1,792,000
Other long-term liabilities 3,335,000 73,000
Total liabilities 75,640,000 93,897,000
Shareholders’ Equity:    
Common stock, par value $0.01 per share, 150,000,000 shares authorized; 27,017,824 shares issued in both periods 270,000 270,000
Capital in excess of par value 109,868,000 110,330,000
Retained earnings 114,651,000 108,042,000
Less: Treasury stock of 103,504 and 11,841,960 shares at cost, at December 31, 2022 and 2021, respectively (103,504,000) (107,265,000)
Accumulated other comprehensive loss (15,306,000) (16,940,000)
Total shareholders’ equity 105,979,000 94,437,000
Total liabilities and shareholders’ equity $ 181,619,000 $ 188,334,000