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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:    
Net income $ 16,316 $ 15,149
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 855 544
Share based compensation 1,444 1,189
Deferred income taxes 1,164 (109)
Bad debt expense 368 243
(Increase) decrease in operating assets and increase (decrease) in liabilities:    
Accounts receivable (188) 323
Inventories - finished goods 10,661 6,207
Prepaid income taxes (632) (334)
Prepaid expenses and other current assets 857 (895)
Accounts payable 387 212
Income taxes payable   (50)
Accrued expenses and other current liabilities 410 156
Net cash provided by operating activities 31,642 22,635
Cash flows from investing activities:    
Net change in investments   (50)
Purchases of property and equipment (9,860) (177)
Net cash used in investing activities (9,860) (227)
Cash flows from financing activities:    
Dividends paid (11,632) (10,984)
Tax adjustment related to restricted stock 115 92
Net cash used in financing activities (11,517) (10,892)
Net increase in cash and cash equivalents 10,265 11,516
Cash and cash equivalents, at beginning of period 37,639 35,613
Cash and cash equivalents, at end of period 47,904 47,129
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 9,246 9,203
Prepaid property and equipment in current assets 863  
Dividends payable in accrued expenses $ 196 $ 185