| |
Consolidated Balance Sheets
| |
2000
|
2001
|
| Assets |
|
|
| |
|
|
| Current Assets |
|
|
| Cash and cash equivalents |
$5,643,000
|
$9,457,000
|
Accounts receivable (less allowance for doubtful accounts of $3,395,000 in 2000 and $3,387,000 in 01) |
35,874,000
|
34,316,000
|
| Prepaid expenses and taxes |
1,931,000
|
2,465,000
|
| Deferred income taxes |
3,833,000
|
4,130,000
|
| Total current assets |
47,281,000
|
50,368,000
|
| |
|
|
| Property and equipment, net |
16,631,000
|
20,071,000
|
| |
|
|
| Other assets |
7,275,000
|
7,126,000
|
| |
$71,187,000 
|
$77,565,000 
|
| Liabilities and Stockholders' Equity |
|
|
| |
|
|
| Current Liabilities |
|
|
| Accounts and taxes payable |
$5,310,000
|
$3,006,000
|
| Accrued liabilities |
7,575,000
|
12,232,000
|
| Total current liabilities |
12,885,000
|
15,238,000
|
| |
|
|
| Deferred income taxes |
3,009,000
|
3,609,000
|
| |
|
|
| Commitments and Contingencies |
|
|
| |
|
|
| Stockholdersí Equity |
|
|
| |
|
|
Common Stock, $.0001 par value:
20,000,000 shares authorized;
10,079,001 and 10,296,469 shares
issued and outstanding in 2000
and 2001, respectively |
1,000
|
1,000
|
| |
|
|
| Paid-in Capital |
35,995,000
|
40,145,000
|
| |
|
|
| Treasury Stock, at cost (2,333,340 shares in 2000 and
2,807,940 shares in 2001) |
(39,956,000)
|
(53,903,000)
|
| |
|
|
| Retained Earnings |
59,253,000
|
72,475,000
|
| Total stockholders' equity |
55,293,000
|
58,718,000
|
| |
|
|
| |
$71,187,000 
|
$77,565,000 
|
See accompanying notes to consolidated financial statements.
|