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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Mar. 31, 2023
Cash and cash equivalents $ 35,617 $ 32,910
Accounts receivable, less allowance for doubtful accounts of $979 and $849, respectively 36,340 42,551
Inventories 32,879 34,642
Prepaid expenses and other 12,826 8,872
Total current assets 117,662 118,975
Noncurrent assets:    
Property, plant and equipment, net of accumulated depreciation of $21,324 and $19,768 respectively 28,574 28,149
Deferred tax asset 1,051 1,076
Other assets 8,953 10,373
Intangible assets 197,680 216,815
Goodwill 283,268 286,444
Total assets 637,188 661,832
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 4,810 6,134
Accrued payroll and benefits 8,353 9,433
Unearned revenues 14,316 15,694
Other accrued expenses 12,337 12,098
Total current liabilities 39,816 43,359
Noncurrent liabilities:    
Deferred tax liability 33,437 34,028
Other long-term liabilities 5,443 7,693
Credit Facility 0 13,000
Convertible senior notes, net of debt issuance costs 170,733 170,272
Total liabilities 249,429 268,352
Stockholders’ equity:    
Common stock, no par value; 25,000,000 shares authorized; 5,391,726 and 5,369,466 shares issued and outstanding, respectively 337,869 332,076
Retained earnings 70,699 74,199
Accumulated other comprehensive (loss) (20,809) (12,795)
Total stockholders’ equity 387,759 393,480
Total liabilities and stockholders’ equity 637,188 661,832
Customer Relationships [Member]    
Noncurrent assets:    
Intangible assets 137,057 152,189
Intellectual Property [Member]    
Noncurrent assets:    
Intangible assets 43,416 46,400
Other Intangible Assets [Member]    
Noncurrent assets:    
Intangible assets $ 17,207 $ 18,226