XML 16 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Current assets:      
Cash and cash equivalents $ 9,911,000 $ 13,049,000  
Short-term investments 3,273,000 2,828,000  
Accounts receivable - net 56,015,000 63,174,000  
Inventory - net 233,726,000 161,210,000  
Inventory unreturned 8,469,000 7,508,000  
Contract assets (see Note 9) 22,183,000 23,206,000  
Income tax receivable 10,009,000 7,972,000  
Prepaid expenses and other current assets 9,296,000 8,608,000  
Total current assets 352,882,000 287,555,000  
Plant and equipment - net 35,151,000 28,322,000  
Long-term deferred income taxes 9,746,000 6,698,000  
Long-term contract assets (see Note 9) 221,876,000 222,731,000  
Goodwill 3,205,000 2,551,000 $ 2,551,000
Intangible assets - net 8,431,000 3,766,000  
Other assets 1,071,000 804,000  
TOTAL ASSETS 632,362,000 552,427,000  
Current liabilities:      
Accounts payable 92,461,000 73,273,000  
Accrued liabilities 14,604,000 12,048,000  
Customer finished goods returns accrual 22,615,000 17,805,000  
Contract liabilities (see Note 13) 30,599,000 32,603,000  
Revolving loan 110,400,000 54,000,000  
Other current liabilities 4,990,000 4,471,000  
Current portion of term loan 3,685,000 3,068,000  
Total current liabilities 279,354,000 197,268,000  
Term loan, less current portion 24,187,000 13,913,000  
Long-term contract liabilities (see Note 13) 40,889,000 48,183,000  
Long-term deferred income taxes 257,000 226,000  
Other liabilities 7,920,000 5,957,000  
Total liabilities 352,607,000 265,547,000  
Commitments and contingencies  
Shareholders' equity:      
Preferred stock 0 0  
Common stock; par value $.01 per share, 50,000,000 shares authorized; 18,817,400 and 18,893,102 shares issued and outstanding at March 31, 2019 and 2018, respectively 188,000 189,000  
Additional paid-in capital 215,047,000 213,609,000  
Retained earnings 71,407,000 78,510,000  
Accumulated other comprehensive loss (6,887,000) (5,428,000)  
Total shareholders' equity 279,755,000 286,880,000  
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 632,362,000 552,427,000  
Series A Junior Participating Preferred Stock [Member]      
Shareholders' equity:      
Preferred stock $ 0 $ 0