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Condensed Consolidated Balance Sheets (Current period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 6,907 $ 11,911
Restricted cash 2,327 3,222
Accounts receivable (less allowance for doubtful accounts of $81 at September 30, 2022 and $266 at December 31, 2021) 45,425 41,051
Unbilled accounts receivable 6,617 8,134
Contract assets 681 622
Prepaid expenses 1,851 1,948
Prepaid income taxes and income tax receivable 5,856 7,456
Other current assets 10,960 1,031
Total current assets 80,624 75,375
Property, plant and equipment (less accumulated depreciation of $48,356 at September 30, 2022 and $52,512 at December 31, 2021) 10,918 7,747
Right-of-use assets 17,796 22,142
Other assets 1,795 2,597
Total assets 111,133 107,861
Current liabilities    
Accounts payable and accrued expenses 20,790 16,132
Accrued payroll and related expenses 5,265 7,028
Deferred revenue and customer advances 7,043 3,942
Customer postage and program deposits 4,584 6,496
Other current liabilities 2,930 2,291
Current portion of lease liabilities 5,171 6,553
Total current liabilities 45,783 42,442
Long-term debt 0 5,000
Long-term lease liabilities, net of current portion 15,934 19,215
Other long-term liabilities 2,915 3,697
Total liabilities 114,199 122,853
Preferred Stock, $1 par value, 1,000,000 shares authorized; 9,926 shares of Series A Convertible Preferred Stock, issued and outstanding 9,723 9,723
Stockholders’ deficit    
Common stock, $1 par value, 25,000,000 shares authorized;12,121,484 shares issued, 7,218,033 and 6,976,144 shares outstanding at September 30, 2022 and December 31, 2021, respectively 12,121 12,121
Additional paid-in capital 220,311 290,711
Retained earnings 826,066 811,094
Less treasury stock, 4,903,451 shares at cost at September 30, 2022 and 5,145,340 shares at cost at December 31, 2021 (1,014,148) (1,085,313)
Accumulated other comprehensive loss (57,139) (53,328)
Total stockholders’ deficit (12,789) (24,715)
Total liabilities, preferred stock and stockholders’ deficit 111,133 107,861
Qualified Plan [Member]    
Current liabilities    
Pension liabilities 25,230 27,359
Nonqualified Plan [Member]    
Current liabilities    
Pension liabilities $ 24,337 $ 25,140