XML 29 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (Current Period Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Mar. 31, 2014
ASSETS    
Cash and cash equivalents $ 3,200 $ 5,575
Accounts receivable, net 10,761 9,278
Inventories, net 9,950 7,771
Prepaid expenses and other 2,302 2,064
Deferred income taxes 1,878 1,878
Total current assets 28,091 26,566
Property, plant and equipment, net 7,902 7,680
Intangibles, net 31,957 25,417
Goodwill 42,334 37,866
Total assets 110,284 97,529
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 2,058 2,019
Accrued salaries and payroll taxes 2,495 3,567
Unearned revenues 1,414 1,886
Other accrued expenses 2,693 2,743
Current portion of long-term debt 3,000 0
Income taxes payable 745  
Total current liabilities 12,405 10,215
Deferred income taxes 4,861 4,861
Long-term debt 25,000 16,500
Contingent consideration 1,620 1,620
Total liabilities 43,886 33,196
Commitments and Contingencies (Note 7)      
Stockholders’ equity:    
Common stock, no par value; authorized 25,000,000 shares; issued and outstanding, 3,504,701 and 3,490,628 shares,respectively 16,482 15,796
Employee loans to purchase stock   (24)
Retained earnings 49,916 48,561
Total stockholders’ equity 66,398 64,333
Total liabilities and stockholders’ equity $ 110,284 $ 97,529