Consolidated Balance Sheets (Unaudited) - USD ($)
|
Sep. 30, 2016 |
Mar. 31, 2016 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 5,452,000
|
$ 21,897,000
|
| Short-term investments |
2,233,000
|
1,813,000
|
| Accounts receivable - net |
16,112,000
|
8,548,000
|
| Inventory - net |
72,164,000
|
58,060,000
|
| Inventory unreturned |
10,228,000
|
10,520,000
|
| Deferred income taxes |
34,414,000
|
33,347,000
|
| Prepaid expenses and other current assets |
7,796,000
|
5,900,000
|
| Total current assets |
148,399,000
|
140,085,000
|
| Plant and equipment - net |
17,227,000
|
16,099,000
|
| Long-term core inventory - net |
251,048,000
|
241,100,000
|
| Long-term core inventory deposits |
5,569,000
|
5,569,000
|
| Long-term deferred income taxes |
457,000
|
236,000
|
| Goodwill |
2,476,000
|
2,053,000
|
| Intangible assets - net |
4,316,000
|
4,573,000
|
| Other assets |
8,176,000
|
3,657,000
|
| TOTAL ASSETS |
437,668,000
|
413,372,000
|
| Current liabilities: |
|
|
| Accounts payable |
74,845,000
|
72,152,000
|
| Accrued liabilities |
6,938,000
|
9,101,000
|
| Customer finished goods returns accrual |
19,761,000
|
26,376,000
|
| Accrued core payment |
11,174,000
|
8,989,000
|
| Revolving loan |
19,000,000
|
7,000,000
|
| Other current liabilities |
9,757,000
|
4,698,000
|
| Current portion of term loan |
3,064,000
|
3,067,000
|
| Total current liabilities |
144,539,000
|
131,383,000
|
| Term loan, less current portion |
18,447,000
|
19,980,000
|
| Long-term accrued core payment |
17,996,000
|
17,550,000
|
| Long-term deferred income taxes |
13,675,000
|
14,315,000
|
| Other liabilities |
14,187,000
|
19,336,000
|
| Total liabilities |
208,844,000
|
202,564,000
|
| Commitments and contingencies |
|
|
| Shareholders' equity: |
|
|
| Preferred stock |
0
|
0
|
| Common stock; par value $.01 per share, 50,000,000 shares authorized; 18,665,196 and 18,531,751 shares issued and outstanding at September 30, 2016 and March 31, 2016, respectively |
187,000
|
185,000
|
| Additional paid-in capital |
205,375,000
|
203,650,000
|
| Retained earnings |
29,368,000
|
11,825,000
|
| Accumulated other comprehensive loss |
(6,106,000)
|
(4,852,000)
|
| Total shareholders' equity |
228,824,000
|
210,808,000
|
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
437,668,000
|
413,372,000
|
| Series A Junior Participating Preferred Stock [Member] |
|
|
| Shareholders' equity: |
|
|
| Preferred stock |
$ 0
|
$ 0
|