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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 5,704 $ 10,329
Accounts receivable-trade, net of allowance for doubtful accounts of $14 at June 30, 2021 and December 31, 2020 440 350
Inventory 43,675 36,779
Income tax receivable 1,391 2,753
Prepaid expenses 865 536
Other current assets 270 265
Total current assets 52,345 51,012
Property and equipment, at cost 27,684 27,468
Less accumulated depreciation (15,557) (15,078)
Property and equipment, net 12,127 12,390
Operating lease assets 10,938 11,772
Finance lease assets 41 44
Deferred income taxes 63 82
Other intangibles, net of accumulated amortization of $548 at June 30, 2021 and December 31, 2020 6 6
Other assets 394 387
TOTAL ASSETS 75,914 75,693
CURRENT LIABILITIES:    
Accounts payable-trade 6,593 5,737
Accrued expenses and other liabilities 3,968 3,642
Current portion of operating lease liabilities 3,080 3,530
Current portion of finance lease liabilities 14 14
Current maturities of long-term debt 12 0
Total current liabilities 13,667 12,923
Uncertain tax positions 393 393
Other non-current liabilities 463 463
Operating lease liabilities, non-current 8,736 9,245
Finance lease liabilities, non-current 22 29
Long-term debt, net of current maturities 421 446
COMMITMENT AND CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.10 par value; 20,000,000 shares authorized; none issued or outstanding; attributes to be determined on issuance 0 0
Common stock, $0.0024 par value; 25,000,000 shares authorized; 10,088,297 and 10,575,182 shares issued at June 30, 2021 and December 31, 2020, respectively; 8,663,921 and 9,150,806 shares outstanding at June 30, 2021 and December 31, 2020, respectively 24 25
Paid-in capital 4,622 5,924
Retained earnings 58,595 57,310
Treasury stock at cost (1,424,376 shares at June 30, 2021 and December 31, 2020) (9,773) (9,773)
Accumulated other comprehensive loss, net of tax (1,256) (1,292)
Total stockholders' equity 52,212 52,194
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 75,914 $ 75,693