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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Oct. 31, 2011
Jul. 31, 2011
ASSETS    
Cash $ 5,456 $ 5,386
Accounts receivable, net of allowance of $399 and $354 704 805
Prepaid expenses 115 131
Loans and advances 13 10
Prepaid advertising credits 57 60
Deferred tax asset, net of allowance of $22 and $22 798 798
Notes receivable - corporate office sales 253 180
Other current assets 11 6
Total current assets 7,407 7,376
Property and equipment, net of accumulated depreciation of $485 and $468 74 89
Goodwill 3,191 3,266
Deferred tax asset, net of allowance of $130 and $130, and net of current portion 4,589 4,681
Intangible assets, net of accumulated amortization of $2,762 and $2,691 711 855
Notes receivable - corporate office sales, net of current portion 836 729
Other long-term assets 19 25
Assets held for sale 149 0
Total assets 16,976 17,021
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts and other expenses payable 143 76
Commissions payable to brokers 303 669
Accrued commissions to brokers 984 785
Accrued expenses 583 545
Deferred revenue 36 47
Advance payments 126 133
Total current liabilities 2,175 2,255
Long-term liabilities:    
Other long-term liabilities 9 8
Total Liabilities 2,184 2,263
Stockholders' equity:    
Common stock, $0.01 par value; 9,000 shares authorized; 3,633 shares and 3,646 shares issued and outstanding, respectively 36 36
Additional paid-in capital 28,902 28,867
Accumulated deficit (14,146) (14,145)
Total stockholders' equity 14,792 14,758
Total liabilities and stockholders' equity $ 16,976 $ 17,021