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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income $ 23,791 $ 18,848
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,791 1,702
Share based compensation 2,294 2,081
Deferred income taxes 353 (12)
Bad debt expense 84 102
(Increase) decrease in operating assets and increase (decrease) in liabilities:    
Accounts receivable 1,928 388
Inventories - finished goods (10,281) (2,795)
Prepaid income taxes 0 582
Prepaid expenses and other current assets (983) (1,424)
Accounts payable 2,211 360
Accrued expenses and other current liabilities 286 851
Income taxes payable 152 895
Net cash provided by operating activities 21,626 21,578
Cash flows from investing activities:    
Purchases of property and equipment (1,848) (1,827)
Net cash used in investing activities (1,848) (1,827)
Cash flows from financing activities:    
Repurchase and retirement of common stock 0 (11,496)
Dividends paid (17,039) (16,410)
Net cash used in financing activities (17,039) (27,906)
Net increase (decrease) in cash and cash equivalents 2,739 (8,155)
Cash and cash equivalents, at beginning of period 103,762 100,529
Cash and cash equivalents, at end of period 106,501 92,374
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 6,356 4,460
Property and equipment in current assets 0 1,344
Dividends payable in accrued expenses $ 174 $ 196