XML 59 R12.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Note 4 - Supplement Balance Sheet Information
 9 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Supplemental Balance Sheet Disclosures [Text Block]
Note
4
. Supplemental Balance Sheet Information
 
Inventories consist of the following:
 
   
December 31, 2019
    
March 31, 2019
  
Raw materials
   $
8,144
     $
6,804
  
Work-in-process
    
306
      
428
  
Finished goods
    
13,915
      
2,524
  
Less: reserve
    
(3,561
 )    
(2,984
 )
Inventories, net
   $
18,804
     $
6,772
  
 
As of
December 31, 2019,
finished goods inventory includes
$7,87,
which is the remaining balance of the adjustment to step up inventory acquired as part of the GPT Acquisition to fair value, see Note 
11.
"Significant Transactions." 
 
Finite-lived intangible assets consist of the following:
 
 
   
December 31, 2019
    
March 31, 2019
  
   
Gross Carrying Amount
    
Accumulated Amortization
    
Net Carrying Amount
    
Gross Carrying Amount
    
Accumulated Amortization
    
Net Carrying Amount
  
Intellectual property
   $
16,335
     $
(6,060
 )   $
10,275
     $
7,690
     $
(5,301
 )   $
2,389
  
Trade names
    
6,136
      
(2,836
 )    
3,300
      
3,739
      
(2,542
 )    
1,197
  
Customer relationships
    
110,873
      
(36,464
 )    
74,409
      
61,198
      
(31,584
 )    
29,614
  
Non-compete agreements
    
1,747
      
(1,654
 )    
93
      
1,581
      
(1,562
 )    
19
  
Total
   $
135,091
     $
(47,014
 )   $
88,077
     $
74,208
     $
(40,989
 )   $
33,219
  
 
The increase in intangible assets during the
nine
months ended
December 31, 2019
is related to the acquisitions of IBP on
April 1, 2019
and GPT on
October 31, 2019.
See Note
11.
"Significant Transactions" for more information. 
 
Amortization expense for finite-lived intangible assets was
$2,565
and
$2,190
for the
three
months ended
December 31, 2019 
and
December 31, 2018,
respectively. Amortization expense for finite-lived intangible assets was
$5,895
 and
$5,418
for the
nine
months ended
December 31, 2019 
and
December 31, 2018,
respectively. 
 
Other accrued expenses consist of the following:
 
   
December 31, 2019
    
March 31, 2019
  
Taxes
   $
3,354
     $
2,356
  
Current lease liabilities
    
1,144
      
--
  
Interest payable
    
909
      
80
  
Professional services fees
    
857
      
334
  
Other
    
1,741
      
1,234
  
Total other accrued expenses
   $
8,005
     $
4,004