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Commitments and Contingencies
12 Months Ended
Mar. 31, 2012
Commitments and Contingencies  
Commitments and Contingencies

12.  Commitments and Contingencies

 

During the third quarter of fiscal 2012, we determined that we have a potential liability for state sales taxes.  The ultimate amount due will depend on a number of factors, including the jurisdictional tax rates, the amount of sales to customers who already paid the tax or are exempt, and any penalties and interest.  We recorded an estimate of $250,000 in accrued expenses on the balance sheet, and general and administrative expense on the statements of income.  This estimate may change as further analysis is completed and sales tax returns are filed.