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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 86,821 $ 103,762
Accounts receivable, less allowance for doubtful accounts of $41 and $59, respectively 2,710 3,843
Inventories - finished goods 43,071 17,884
Prepaid expenses and other current assets 3,277 3,529
Total current assets 135,879 129,018
Noncurrent assets:    
Property and equipment, net 26,016 25,445
Intangible assets 860 860
Total noncurrent assets 26,876 26,305
Total assets 162,755 155,323
Current liabilities:    
Accounts payable 20,975 19,658
Accrued expenses and other current liabilities 5,169 4,214
Income taxes payable 3,025 471
Total current liabilities 29,169 24,343
Deferred tax liabilities 715 970
Total liabilities 29,884 25,313
Shareholders' equity:    
Preferred stock, $.001 par value, 5,000 shares authorized; 3 convertible shares issued and outstanding with a liquidation preference of $4 per share 9 9
Common stock, $.001 par value, 40,000 shares authorized; 20,166 and 20,166 shares issued and outstanding, respectively 20 20
Additional paid-in capital 4,544 3,804
Retained earnings 128,298 126,177
Total shareholders' equity 132,871 130,010
Total liabilities and shareholders' equity $ 162,755 $ 155,323