v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 2,140 $ 1,942
Accounts receivable (less allowance for doubtful accounts of $278 in 2013 and $311 in 2012) 10,070 9,933
Inventories, net 27,532 30,289
Deferred tax asset, net 1,849 1,849
Prepaid expenses 407 848
Income tax refunds receivable, net 51 510
Total current assets 42,049 45,371
Property and equipment, net 1,248 1,188
Other assets 2,947 3,100
Assets 46,244 49,659
Current liabilities:    
Accounts payable 5,196 6,135
Accrued liabilities 3,709 3,518
Total current liabilities 8,905 9,653
Long-term obligations    
Line of credit 9,299 10,933
Total liabilities 18,204 20,586
Commitments and contingencies      
Stockholders' equity:    
Preferred stock, $.001 par value; authorized: 2,000,000 shares; none issued or outstanding      
Common stock, $.001 par value; authorized: 10,000,000 shares; 5,045,897 and 4,923,431 issued as of December 31, 2013 and 2012, respectively 18,047 17,766
Accumulated other comprehensive earnings 1,227 1,904
Retained earnings 8,766 9,403
Total stockholders' equity 28,040 29,073
Total Liabilities and Stockholders' Equity $ 46,244 $ 49,659