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Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 9,429,000 $ 13,974,000
Short-term investments 1,881,000 1,837,000
Accounts receivable — net 91,064,000 96,296,000
Inventory — net 341,209,000 377,040,000
Inventory unreturned 18,460,000 20,288,000
Contract assets 29,606,000 27,139,000
Income tax receivable 4,208,000 5,683,000
Prepaid expenses and other current assets 15,614,000 18,202,000
Total current assets 511,471,000 560,459,000
Plant and equipment — net 31,990,000 38,338,000
Operating lease assets 66,603,000 83,973,000
Deferred income taxes 4,569,000 2,976,000
Long-term contract assets 336,268,000 320,282,000
Goodwill 3,205,000 3,205,000
Intangible assets — net 552,000 1,069,000
Other assets 2,978,000 1,700,000
TOTAL ASSETS 957,636,000 1,012,002,000
Current liabilities:    
Accounts payable 141,906,000 154,977,000
Accrued liabilities 30,211,000 30,205,000
Customer finished goods returns accrual 34,411,000 38,312,000
Contract liabilities 38,158,000 37,591,000
Revolving loan 90,787,000 128,000,000
Other current liabilities 5,570,000 7,021,000
Operating lease liabilities 9,982,000 8,319,000
Total current liabilities 351,025,000 404,425,000
Convertible notes, related party $ 35,207,000 $ 30,776,000
Notes Payable, Noncurrent, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Contract liabilities, less current portion $ 241,404,000 $ 212,068,000
Deferred income taxes 362,000 511,000
Operating lease liabilities, less current portion 65,308,000 72,240,000
Other liabilities 6,631,000 6,872,000
Total liabilities 699,937,000 726,892,000
Commitments and contingencies
Shareholders' equity:    
Common stock; par value $.01 per share, 50,000,000 shares authorized;19,435,706 and 19,662,380 shares issued and outstanding at March 31, 2025 and 2024, respectively 194,000 197,000
Additional paid-in capital 234,413,000 236,255,000
Retained earnings 20,033,000 39,503,000
Accumulated other comprehensive income 3,059,000 9,155,000
Total shareholders' equity 257,699,000 285,110,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 957,636,000 1,012,002,000
Series A Junior Participating Preferred Stock [Member]    
Shareholders' equity:    
Preferred stock $ 0 $ 0