Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 145,095 $ 135,311
Inventories 7,944 8,398
Other current assets 6,021 7,534
Total current assets 159,060 151,243
Property and equipment, net 1,040 1,149
Goodwill 1,764 1,764
Restricted cash 3,279 3,167
Deferred Tax Assets, Net, Current 1,435 1,435
Other assets 809 796
Total assets 167,387 159,554
Current liabilities:    
Accounts payable 2,669 1,751
Income taxes payable 42 309
Accrued commissions 10,027 11,170
Other accrued expenses 8,549 7,605
Deferred revenue 4,112 4,455
Amounts held in eWallets 14,623 15,152
Other current liabilities 1,756 1,479
Total current liabilities 41,778 41,921
Accrued Income Taxes, Noncurrent 19,052 19,052
Deferred Tax Liabilities, Net, Noncurrent 55 56
Long-term incentive 7,596 7,904
Total liabilities 68,481 68,933
Commitments and contingencies (Note 9)
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 March 31, 2018 and December 31, 2017 13 13
Additional paid-in capital 86,415 86,683
Retained earnings 52,253 44,908
Accumulated other comprehensive loss (27) (413)
Treasury stock, at cost; 1,603,322 and 1,637,524 shares at March 31, 2018 and December 31, 2017, respectively (39,748) (40,570)
Total stockholders’ equity 98,906 90,621
Total liabilities and stockholders’ equity $ 167,387 $ 159,554