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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2023
Mar. 31, 2023
Cash and cash equivalents $ 28,224 $ 32,910
Accounts receivable, less allowance for doubtful accounts of $1,363 and $849, respectively 36,023 42,551
Inventories 35,973 34,642
Prepaid expenses and other 18,135 8,872
Total current assets 118,355 118,975
Noncurrent assets:    
Property, plant and equipment, net of accumulated depreciation of $22,574 and $19,768 respectively 31,775 28,149
Deferred tax asset 1,092 1,076
Other assets 11,590 10,373
Intangible assets 232,774 216,815
Goodwill 346,183 286,444
Total assets 741,769 661,832
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 4,554 6,134
Accrued payroll and benefits 9,380 9,433
Unearned revenues 14,357 15,694
Other accrued expenses 15,892 12,098
Total current liabilities 44,183 43,359
Noncurrent liabilities:    
Deferred tax liability 44,340 34,028
Other long-term liabilities 17,320 7,693
Credit facility 62,000 13,000
Convertible senior notes, net of debt issuance costs 170,965 170,272
Total liabilities 338,808 268,352
Stockholders’ equity:    
Common stock, no par value; authorized 25,000,000 shares; issued and outstanding, 5,394,043 and 5,369,466 shares, respectively 340,852 332,076
Retained earnings 71,953 74,199
Accumulated other comprehensive (loss) (9,844) (12,795)
Total stockholders’ equity 402,961 393,480
Total liabilities and stockholders’ equity 741,769 661,832
Customer Relationships [Member]    
Noncurrent assets:    
Intangible assets 162,890 152,189
Intellectual Property [Member]    
Noncurrent assets:    
Intangible assets 45,753 46,400
Other Intangible Assets [Member]    
Noncurrent assets:    
Intangible assets $ 24,131 $ 18,226