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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands
Jun. 30, 2011
Mar. 31, 2011
ASSETS    
Cash and cash equivalents $ 61,555 $ 75,756
Accounts receivable-net 120,080 121,771
Notes receivable - net 16,582 5,843
Inventories-net 16,592 9,062
Investment in leases and leased equipment-net 121,651 118,308
Property and equipment-net 1,826 1,817
Other assets 34,225 38,415
Goodwill 22,283 18,604
TOTAL ASSETS 394,794 389,576
LIABILITIES    
Accounts payable-equipment 11,771 7,250
Accounts payable-trade 18,936 14,821
Accounts payable-floor plan 64,320 63,845
Salaries and commissions payable 7,272 8,065
Accrued expenses and other liabilities 48,333 49,414
Non-recourse notes payable 25,014 29,592
Deferred tax liability 4,227 4,227
Total Liabilities 179,873 177,214
COMMITMENTS AND CONTINGENCIES (Note 9)    
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value; 2,000,000 shares authorized; none issued or outstanding 0 0
Common stock, $.01 par value; 25,000,000 shares authorized; 12,602,019 issued and 8,595,563 outstanding at June 30, 2011 and 12,456,819 issued and 8,519,189 outstanding at March 31, 2011 126 125
Additional paid-in capital 90,318 89,792
Treasury stock, at cost, 4,006,456 and 3,937,630 shares, respectively (47,684) (45,998)
Retained earnings 171,627 167,924
Accumulated other comprehensive income-foreign currency translation adjustment 534 519
Total Stockholders' Equity 214,921 212,362
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 394,794 $ 389,576