Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 126,953 $ 125,921
Inventories 10,632 11,257
Other current assets 2,961 4,066
Total current assets 140,546 141,244
Property and equipment, net 1,225 1,388
Goodwill 1,764 1,764
Restricted cash 3,092 2,963
Other assets 772 692
Total assets 147,399 148,051
Current liabilities:    
Accounts payable 1,023 2,145
Income taxes payable 1,064 663
Accrued commissions 10,443 13,611
Other accrued expenses 8,545 14,989
Deferred revenue 3,568 4,948
Amounts held in eWallets 16,178 19,165
Other current liabilities 1,705 1,633
Total current liabilities 42,526 57,154
Deferred Tax Liabilities, Net, Noncurrent 285 268
Long-term incentive 6,730 8,190
Total liabilities 49,541 65,612
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.001 par value; 50,000,000 shares authorized; 12,979,414 shares issued at September 30, 2017 and December 31, 2016 13 13
Additional paid-in capital 86,674 86,574
Retained earnings 52,457 38,548
Accumulated other comprehensive loss (716) (807)
Treasury stock, at cost; 1,637,524 and 1,692,218 shares at September 30, 2017 and December 31, 2016, respectively (40,570) (41,889)
Total stockholders’ equity 97,858 82,439
Total liabilities and stockholders’ equity $ 147,399 $ 148,051