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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 10,761 $ 10,329
Accounts receivable-trade, net of allowance for doubtful accounts of $14 at March 31, 2021 and December 31, 2020 408 350
Inventory 38,891 36,779
Income tax receivable 1,550 2,753
Prepaid expenses 857 536
Other current assets 258 265
Total current assets 52,725 51,012
Property and equipment, at cost 27,590 27,468
Less accumulated depreciation (15,335) (15,078)
Property and equipment, net 12,255 12,390
Operating lease assets 11,253 11,772
Finance lease assets 43 44
Deferred income taxes 63 82
Other intangibles, net of accumulated amortization of $548 at March 31, 2021 and December 31, 2020 6 6
Other assets 387 387
TOTAL ASSETS 76,732 75,693
CURRENT LIABILITIES:    
Accounts payable-trade 7,822 5,737
Accrued expenses and other liabilities 3,986 3,642
Current portion of operating lease liabilities 3,061 3,530
Current portion of finance lease liabilities 14 14
Total current liabilities 14,883 12,923
Uncertain tax positions 393 393
Other non-current liabilities 463 463
Operating lease liabilities, non-current 9,124 9,245
Finance lease liabilities, non-current 26 29
Long-term debt, net of current maturities 429 446
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.10 par value; 20,000,000 shares authorized; none issued or outstanding; attributes to be determined on issuance 0 0
Common stock, $0.0024 par value; 25,000,000 shares authorized; 10,091,262 and 10,575,182 shares issued at March 31, 2021 and December 31, 2020, respectively 24 25
Paid-in capital 4,433 5,924
Retained earnings 58,055 57,310
Treasury stock at cost (1,424,376 shares at March 31, 2021 and December 31, 2020, respectively) (9,773) (9,773)
Accumulated other comprehensive loss (net of tax of $0 and $395 at March 31, 2021 and December 31, 2020, respectively) (1,325) (1,292)
Total stockholders' equity 51,414 52,194
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 76,732 $ 75,693