|
CONSOLIDATED BALANCE SHEETS
| |
March 31, |
| |
2005 |
2006 |
| |
(Restated) |
|
| Current Assets |
| Cash and cash equivalents.............................. |
$ 8,945,000 |
$ 14,206,000 |
Accounts receivable (less allowance for doubtful accounts of
$3,487,000 in 2005 and $3,487,000 in 2006).............................. |
45,611,000 |
39,521,000 |
| Prepaid expenses and taxes.............................. |
3,891,000 |
2,221,000 |
| Deferred income taxes.............................. |
4,557,000 |
4,521,000 |
| Total current assets.............................. |
63,004,000 |
60,469,000 |
| Property and equipment, net.............................. |
29,649,000 |
26,459,000 |
| Goodwill.............................. |
12,642,000 |
12,620,000 |
| Non-current deferred income taxes and other assets.............................. |
403,000 |
550,000 |
| |
$ 105,698,000 |
$ 100,098,000 |
|
LIABILITIES AND STOCKHOLDERS' EQUITY
|
Current Liabilities
Accounts and taxes payable.............................. |
$ 12,293,000 |
$ 13,712,000 |
| Accrued liabilities.............................. |
12,112,000 |
12,160,000 |
| Total current liabilities.............................. |
24,405,000 |
25,872,000 |
| Deferred income taxes.............................. |
7,700,000 |
6,190,000 |
| Commitments and Contingencies .............................. |
- |
- |
| Stockholders' Equity |
Common Stock, $.0001 par value: 20,000,000 shares authorized; 16,338,332
(10,073,184, net of Treasury shares) and 16,517,387 shares
(9,416,900, net of the Treasury shares) issued and outstanding in 2005 and 2006,
respectively.............................. |
2,000 |
2,000 |
| Paid-in Capital.............................. |
57,670,000 |
61,084,000 |
Treasury Stock, at cost
(6,265,148 shares in 2005 and 7,100,487 shares in 2006).............................. |
(113,481,000) |
(132,205,000) |
| Retained Earnings.............................. |
129,402,000 |
139,155,000 |
| Total stockholders' equity.............................. |
73,593,000 |
68,036,000 |
| |
105,698,000 |
100,098,000 |
|
