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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 62,842 $ 76,175
Accounts receivable-trade, net 259,089 218,458
Accounts receivable-other, net 31,740 31,345
Inventories-net 18,773 19,835
Financing receivables-net, current 64,268 66,909
Deferred costs 9,087 20,499
Deferred tax assets 3,643 3,643
Other current assets 4,718 7,413
Total current assets 454,160 444,277
Financing receivables and operating leases - net 87,847 76,991
Property, equipment and other assets 8,969 9,480
Goodwill and other intangible assets 39,511 40,798
TOTAL ASSETS 590,487 571,546
Current liabilities:    
Accounts payable-equipment 11,369 20,330
Accounts payable-trade 46,707 46,090
Accounts payable-floor plan 127,053 99,418
Salaries and commissions payable 13,994 14,860
Deferred revenue 20,665 34,363
Recourse notes payable - current 1,204 889
Non-recourse notes payable - current 28,137 28,560
Other current liabilities 16,476 13,575
Total current liabilities 265,605 258,085
Recourse notes payable - long term 2,815 2,801
Non-recourse notes payable - long term 10,510 24,314
Deferred tax liability - long term 3,271 3,271
Other liabilities 3,277 3,813
TOTAL LIABILITIES $ 285,478 $ 292,284
COMMITMENTS AND CONTINGENCIES (Note 7)
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 per share par value; 2,000 shares authorized; none issued or outstanding $ 0 $ 0
Common stock, $.01 per share par value; 25,000 shares authorized; 13,237 issued and 7,482 outstanding at September 30, 2015 and 13,114 issued and 7,389 outstanding at March 31, 2015 132 131
Additional paid-in capital 114,934 111,072
Treasury stock, at cost, 5,755 and 5,725 shares at September 30, 2015 and March 31, 2015, respectively (120,654) (118,179)
Retained earnings 310,970 286,477
Accumulated other comprehensive income-foreign currency translation adjustment (373) (239)
Total Stockholders' Equity 305,009 279,262
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 590,487 $ 571,546