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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Mar. 31, 2012
ASSETS    
Cash and cash equivalents $ 55,359 $ 33,778
Short-term Investments 3,692 7,396
Accounts receivable-net 189,666 174,599
Notes receivable-net 14,283 24,337
Inventories-net 23,997 23,514
Investment in leases and leased equipment-net 103,140 115,974
Property and equipment-net 2,116 2,086
Other assets 25,997 23,560
Goodwill 28,580 28,444
TOTAL ASSETS 446,830 433,688
LIABILITIES    
Accounts payable-equipment 6,804 17,268
Accounts payable-trade 25,076 26,719
Accounts payable-floor plan 97,415 85,911
Salaries and commissions payable 10,049 9,500
Accrued expenses and other liabilities 39,800 40,822
Recourse notes payable 1,727 1,727
Non-recourse notes payable 32,780 26,328
Deferred tax liability 5,786 5,786
Total Liabilities 219,437 214,061
COMMITMENTS AND CONTINGENCIES (Note 9) 0 0
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; 12,692,224 issued and 7,950,000 outstanding at June 30, 2012 and 12,692,224 issued and 7,999,895 outstanding at March 31, 2012 128 127
Additional paid-in capital 94,447 93,545
Treasury stock, at cost, 4,661,867 and 3,937,630 shares, respectively (66,565) (65,416)
Retained earnings 198,968 190,906
Accumulated other comprehensive income-foreign currency translation adjustment 415 465
Total Stockholders' Equity 227,393 219,627
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 446,830 $ 433,688