XML 29 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 1,968 $ 2,034
Accounts receivable, net 11,179 12,145
Inventories, net 12,871 12,420
Prepaid expenses and other 1,718 1,334
Deferred income taxes 1,552 1,689
Total current assets 29,288 29,622
Property, plant and equipment, net 11,040 9,598
Intangibles, net 31,960 33,231
Goodwill 44,901 44,869
Total assets 117,189 117,320
Current liabilities:    
Accounts payable 2,325 2,503
Accrued salaries and payroll taxes 3,018 4,105
Unearned revenues 1,215 1,314
Current portion of contingent consideration 300 1,220
Other accrued expenses 1,463 1,307
Income taxes payable 1,690 1,208
Current portion of long-term debt 3,000 3,000
Total current liabilities 13,011 14,657
Deferred income taxes 5,176 5,122
Long-term debt 22,000 23,250
Contingent consideration 612 812
Total liabilities $ 40,799 $ 43,841
Commitments and Contingencies (Note 7)    
Stockholders’ equity:    
Common stock, no par value; authorized 25,000,000 shares; issued and outstanding, 3,591,390 and 3,561,540 shares, respectively $ 18,897 $ 17,751
Retained earnings 57,699 55,962
Accumulated other comprehensive loss (206) (234)
Total stockholders’ equity 76,390 73,479
Total liabilities and stockholders’ equity $ 117,189 $ 117,320