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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 11,576 $ 16,052
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 892 729
Gain on sale of assets (395) (219)
Equity compensation expense from awards issued 1,451 1,130
Provision for losses on accounts receivable 0 (967)
Deferred income tax expense 158 88
Change in operating right of use assets 689 789
Changes in operating assets and liabilities:    
Accounts receivable (6,696) (1,590)
Prepaid expenses and other current assets (675) 603
Net of transit accounts receivable and payable 22,384 (998)
Accounts payable and accrued expenses (1,798) 1,479
Accrued payroll and related costs 1,596 4,235
Right of use liabilities (1,016) (1,306)
Income taxes payable 162 2,574
Deferred revenue (784) (1,858)
Deposits 4 0
Total adjustments and changes in operating assets and liabilities 15,972 4,689
Net cash provided by operating activities 27,548 20,741
Cash flows from investing activities:    
Property and equipment acquired (875) (672)
Proceeds from sale of assets 395 219
Net cash used in investing activities (480) (453)
Cash flows from financing activities:    
Borrowings under line of credit 99,857 72,575
Repayments under line of credit (101,982) (85,566)
Issuance of stock for employee stock purchase plan 702 408
Changes in finance lease obligations (347) (392)
Contingent consideration paid (339) (99)
Common stock repurchase (24,449) (6,394)
Net cash used in financing activities (26,558) (19,468)
Effect of exchange rate changes on cash and cash equivalents (195) (294)
Increase in cash and cash equivalents 315 526
Cash and cash equivalents at beginning of period 339 235
Cash and cash equivalents at end of period 654 761
Supplemental cash flow information:    
Interest 1,005 262
Income taxes 2,810 3,366
Non-cash investing activities:    
Right of use assets obtained in exchange for lease obligations 0 1,353
Value of shares issued as contingent consideration $ 132 $ 0