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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Mar. 31, 2023
Cash and cash equivalents $ 32,376 $ 32,910
Accounts receivable, less allowance for doubtful accounts of $964 and $849, respectively 35,595 42,551
Inventories 35,559 34,642
Prepaid expenses and other 11,278 8,872
Total current assets 114,808 118,975
Property, plant and equipment, net of accumulated depreciation of $20,478 and $19,768 respectively 27,953 28,149
Deferred tax asset 1,077 1,076
Other assets 9,623 10,373
Intangible assets 205,394 216,815
Goodwill 283,756 286,444
Total assets 642,611 661,832
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 5,588 6,134
Accrued payroll and benefits 7,269 9,433
Unearned revenues 15,372 15,694
Other accrued expenses 10,897 12,098
Total current liabilities 39,126 43,359
Deferred tax liability 33,507 34,028
Other long-term liabilities 6,757 7,693
Credit Facility 5,000 13,000
Convertible senior notes, net of discounts and debt issuance costs 170,502 170,272
Total liabilities 254,892 268,352
Stockholders’ equity:    
Common stock, no par value; authorized 25,000,000 shares; issued and outstanding, 5,384,280 and 5,369,466 shares, respectively 334,384 332,076
Retained earnings 72,791 74,199
Accumulated other comprehensive (loss) (19,456) (12,795)
Total stockholders’ equity 387,719 393,480
Total liabilities and stockholders’ equity 642,611 661,832
Customer Relationships [Member]    
Intangible assets 142,515 152,189
Intellectual Property [Member]    
Intangible assets 45,287 46,400
Other Intangible Assets [Member]    
Intangible assets $ 17,592 $ 18,226