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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 147 $ 121
Trade receivables, net of allowances of $1,579 and $1,575, respectively 249,895 269,496
Income tax refund receivable 669 35
Prepaid expenses and other current assets 8,743 8,108
Total current assets 259,454 277,760
Fixed assets, net 10,160 8,647
Other assets, net 70,636 75,771
Deferred tax assets, net 2,780 4,786
Goodwill 25,040 25,040
Total assets 368,070 392,004
Current liabilities:    
Accounts payable and other accrued liabilities 60,247 72,792
Accrued payroll costs 39,414 48,369
Current portion of operating lease liabilities 3,581 4,576
Income taxes payable 999 5,696
Total current liabilities 104,241 131,433
Long-term debt – credit facility 24,600 25,600
Other long-term liabilities 51,611 52,773
Total liabilities 180,452 209,806
Commitments and contingencies (Note L)
Stockholders’ equity:    
Preferred stock, $0.01 par value; 15,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par value; 250,000 shares authorized, 73,279 and 73,242 issued, respectively 732 732
Additional paid-in capital 517,422 507,734
Accumulated other comprehensive income 0 6
Retained earnings 512,937 492,764
Treasury stock, at cost; 53,163 and 52,744 shares, respectively (843,473) (819,038)
Total stockholders’ equity 187,618 182,198
Total liabilities and stockholders’ equity $ 368,070 $ 392,004