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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:      
Net (loss) income $ (7,849,000) $ 19,264,000 $ 38,735,000
Adjustments to reconcile net (loss) income to net cash used in operating activities:      
Depreciation 6,135,000 3,798,000 3,101,000
Amortization of intangible assets 1,194,000 710,000 613,000
Amortization of debt issuance costs 951,000 1,060,000 716,000
Amortization of interest on accrued core payment 909,000 670,000 704,000
Amortization of core premiums paid to customers 4,127,000 3,588,000 3,232,000
Gain due to the change in the fair value of the warrant liability 0 (2,313,000) (3,764,000)
Loss due to the change in the fair value of the contingent consideration 324,000 0 (16,000)
Gain on short-term investments (89,000) 0 0
Net provision for inventory reserves 11,153,000 8,491,000 3,864,000
Net provision for customer payment discrepancies 731,000 998,000 718,000
Net provision for doubtful accounts 224,000 21,000 3,000
Deferred income taxes (3,063,000) 1,548,000 6,840,000
Share-based compensation expense 5,564,000 3,766,000 3,383,000
Loss on disposal of plant and equipment 41,000 161,000 13,000
Change in operating assets and liabilities, net of acquisitions:      
Accounts receivable 10,214,000 (3,298,000) (9,319,000)
Inventory (76,213,000) (33,655,000) (20,713,000)
Inventory unreturned (961,000) 73,000 2,939,000
Income tax receivable (2,039,000) (6,312,000) (1,631,000)
Prepaid expenses and other current assets 234,000 (965,000) (1,307,000)
Other assets (299,000) (120,000) (304,000)
Accounts payable and accrued liabilities 16,572,000 (11,671,000) 12,447,000
Customer finished goods returns accrual 4,588,000 138,000 (8,709,000)
Contract assets, net (2,096,000) (25,028,000) (24,584,000)
Contract liabilities, net (11,894,000) 23,871,000 (11,182,000)
Other liabilities 1,214,000 1,261,000 (1,048,000)
Net cash used in operating activities (40,328,000) (13,944,000) (5,269,000)
Cash flows from investing activities:      
Purchase of plant and equipment (11,149,000) (9,933,000) (4,929,000)
Purchase of business, net of cash acquired (11,106,000) (4,993,000) (705,000)
Additions to short term investments (355,000) (352,000) (49,000)
Net cash used in investing activities (22,610,000) (15,278,000) (5,683,000)
Cash flows from financing activities:      
Borrowings under revolving loan 102,900,000 84,000,000 65,001,000
Repayments under revolving loan (46,500,000) (41,000,000) (61,001,000)
Borrowings under term loan 13,594,000 0 0
Repayments of term loan (2,656,000) (3,125,000) (3,125,000)
Payments for debt issuance costs (1,815,000) (462,000) (433,000)
Payments on capital lease obligations (1,460,000) (905,000) (591,000)
Payment of contingent consideration 0 0 (314,000)
Exercise of stock options 257,000 481,000 1,662,000
Cash used to net share settle equity awards (322,000) (596,000) (1,058,000)
Repurchase of common stock, including fees (4,062,000) (9,251,000) (1,990,000)
Exercise of warrant 0 4,000,000 0
Net cash provided by (used in) financing activities 59,936,000 33,142,000 (1,849,000)
Effect of exchange rate changes on cash and cash equivalents (136,000) 100,000 (67,000)
Net (decrease) increase in cash and cash equivalents (3,138,000) 4,020,000 (12,868,000)
Cash and cash equivalents - Beginning of period 13,049,000 9,029,000 21,897,000
Cash and cash equivalents - End of period 9,911,000 13,049,000 9,029,000
Cash paid during the period for:      
Interest, net 21,148,000 13,623,000 11,674,000
Income taxes, net of refunds 3,588,000 19,657,000 12,378,000
Non-cash investing and financing activities:      
Property acquired under capital lease 902,000 3,478,000 802,000
Contingent consideration $ 4,400,000 $ 0 $ 0