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Condensed Consolidated Balance Sheets (Current Period Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Mar. 31, 2014
Cash and cash equivalents $ 3,657 $ 5,575
Accounts receivable, net 11,807 9,278
Inventories, net 10,634 7,771
Prepaid expenses and other 2,778 2,064
Deferred income taxes 1,878 1,878
Total current assets 30,754 26,566
Property, plant and equipment, net 8,178 7,680
Intangibles, net 30,834 25,417
Goodwill 42,334 37,866
Total assets 112,100 97,529
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 2,725 2,019
Accrued salaries and payroll taxes 2,890 3,567
Unearned revenues 1,260 1,886
Other accrued expenses 2,347 2,743
Current portion of long-term debt 3,000 0
Income taxes payable 1,048  
Total current liabilities 13,270 10,215
Deferred income taxes 4,861 4,861
Long-term debt 22,750 16,500
Contingent consideration 1,620 1,620
Total liabilities 42,501 33,196
Commitments and Contingencies (Note 7)      
Stockholders’ equity    
Common stock, no par value; authorized 25,000,000 shares; issued and outstanding, 3,524,290 and 3,490,628 shares, respectively 17,149 15,796
Employee loans to purchase stock   (24)
Retained earnings 52,450 48,561
Total stockholders’ equity 69,599 64,333
Total liabilities and stockholders’ equity $ 112,100 $ 97,529