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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Mar. 31, 2017
ASSETS    
Cash and cash equivalents $ 2,976 $ 5,820
Accounts receivable, less allowances of $267 and $252, respectively 12,903 14,319
Inventories, net 13,376 13,873
Prepaid income taxes 1,676 587
Prepaid expenses and other 1,808 1,186
Assets held for sale 1,012
Total current assets 33,751 35,785
Property, plant and equipment, net 25,821 26,002
Intangibles, net 36,681 37,790
Goodwill 72,730 72,156
Total assets 168,983 171,733
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 2,338 2,168
Accrued salaries and payroll taxes 2,934 4,350
Unearned revenues 4,033 4,117
Current portion of contingent consideration 1,165 1,294
Other accrued expenses 2,503 2,999
Income taxes payable 704 514
Current portion of long-term debt 1,250 1,125
Total current liabilities 14,927 16,567
Deferred income taxes 3,644 3,554
Long-term debt, net of debt issuance costs and current portion 49,303 53,675
Contingent consideration 118 116
Total liabilities 67,992 73,912
Commitments and Contingencies (Note 8)
Stockholders’ equity:    
Common stock, no par value; authorized 25,000,000 shares; issued and outstanding, 3,758,175 and 3,727,704 shares, respectively 27,428 25,925
Retained earnings 74,572 73,656
Accumulated other comprehensive loss (1,009) (1,760)
Total stockholders’ equity 100,991 97,821
Total liabilities and stockholders’ equity $ 168,983 $ 171,733