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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Mar. 31, 2013
Current assets:    
Cash and cash equivalents $ 5,575 $ 4,006
Accounts receivable, net 9,278 8,474
Inventories, net 7,771 5,576
Prepaid expenses and other 2,064 553
Deferred income taxes 1,878 846
Total current assets 26,566 19,455
Property, plant and equipment, net 7,680 7,406
Intangibles, net 25,417 15,418
Goodwill 37,866 23,640
Total assets 97,529 65,919
Current liabilities:    
Accounts payable 2,019 1,010
Accrued salaries and payroll taxes 3,567 2,085
Unearned revenues 1,886  
Other accrued expenses 2,743 422
Income taxes payable   1,145
Total current liabilities 10,215 4,662
Deferred income taxes 4,861 2,364
Long-term debt 16,500 4,000
Contingent consideration 1,620 2,140
Total liabilities 33,196 13,166
Commitments and Contingencies (Note 12)      
Stockholders’ equity:    
Common stock, no par value; authorized 25,000,000 shares; issued and outstanding, 3,490,628 shares (March 31, 2014) and 3,388,548 shares (March 31, 2013) 15,796 11,352
Employee loans to purchase stock (24) (149)
Retained earnings 48,561 41,550
Total stockholders’ equity 64,333 52,753
Total liabilities and stockholders’ equity $ 97,529 $ 65,919