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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:    
Net income $ 27,100 $ 16,316
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,590 855
Share based compensation 1,858 1,444
Deferred income taxes (412) 1,164
Bad debt expense 72 368
(Increase) decrease in operating assets and increase (decrease) in liabilities:    
Accounts receivable 21 (188)
Inventories - finished goods (1,679) 10,661
Prepaid income taxes (632)
Prepaid expenses and other current assets 45 857
Accounts payable (2,795) 387
Income taxes payable 8,815
Accrued expenses and other current liabilities 530 410
Net cash provided by operating activities 35,145 31,642
Cash flows from investing activities:    
Purchases of property and equipment (564) (9,860)
Net cash used in investing activities (564) (9,860)
Cash flows from financing activities:    
Dividends paid (12,314) (11,632)
Excess tax benefits related to restricted stock 115
Net cash used in financing activities (12,314) (11,517)
Net increase in cash and cash equivalents 22,267 10,265
Cash and cash equivalents, at beginning of period 58,730 37,639
Cash and cash equivalents, at end of period 80,997 47,904
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 3,801 9,246
Prepaid property and equipment in current assets 863
Dividends payable in accrued expenses $ 246 $ 196