Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 132,206 $ 135,311
Inventories 11,119 8,398
Other current assets 4,918 7,534
Total current assets 148,243 151,243
Property and equipment, net 988 1,149
Goodwill 1,764 1,764
Restricted cash 3,003 3,167
Deferred tax asset 1,435 1,435
Other assets 859 796
Total assets 156,292 159,554
Current liabilities:    
Accounts payable 2,715 1,751
Income taxes payable 168 309
Accrued commissions 13,125 11,170
Other accrued expenses 7,341 7,605
Deferred revenue 4,462 4,455
Amounts held in eWallets 14,196 15,152
Other current liabilities 1,906 1,479
Total current liabilities 43,913 41,921
Income taxes payable 16,982 19,052
Deferred tax liability 75 56
Long-term incentive 7,104 7,904
Total liabilities 68,074 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 September 30, 2018 and December 31, 2017 13 13
Additional paid-in capital 86,415 86,683
Retained earnings 42,740 44,908
Accumulated other comprehensive loss (1,202) (413)
Treasury stock, at cost; 1,603,322 and 1,637,524 shares at September 30, 2018 and December 31, 2017, respectively (39,748) (40,570)
Total stockholders’ equity 88,218 90,621
Total liabilities and stockholders’ equity $ 156,292 $ 159,554