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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Mar. 31, 2017
ASSETS    
Cash and cash equivalents $ 10,268 $ 5,820
Accounts receivable, less allowances of $245 and $252, respectively 12,187 14,319
Inventories, net 12,913 13,873
Prepaid income taxes 2,039 587
Prepaid expenses and other 1,975 1,186
Assets held for sale 1,934
Total current assets 41,316 35,785
Property, plant and equipment, net 23,760 26,002
Intangibles, net 35,443 37,790
Goodwill 73,414 72,156
Total assets 173,933 171,733
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 2,036 2,168
Accrued salaries and payroll taxes 3,420 4,350
Unearned revenues 3,805 4,117
Current portion of contingent consideration 1,165 1,294
Other accrued expenses 2,649 2,999
Income taxes payable 514
Current portion of long-term debt 1,375 1,125
Total current liabilities 14,450 16,567
Deferred income taxes 3,698 3,554
Long-term debt, net of debt issuance costs and current portion 50,455 53,675
Contingent consideration 92 116
Total liabilities 68,695 73,912
Commitments and Contingencies (Note 8)
Stockholders’ equity:    
Common stock, no par value; authorized 25,000,000 shares; issued and outstanding, 3,779,717 and 3,727,704 shares, respectively 28,974 25,925
Retained earnings 76,325 73,656
Accumulated other comprehensive loss (61) (1,760)
Total stockholders’ equity 105,238 97,821
Total liabilities and stockholders’ equity $ 173,933 $ 171,733