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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Mar. 31, 2016
Current assets:    
Cash and cash equivalents $ 69,677 $ 94,766
Accounts receivable-trade, net 297,460 234,628
Accounts receivable-other, net 34,183 41,771
Inventories-net 111,076 33,343
Financing receivables-net, current 65,945 56,448
Deferred costs 6,418 6,371
Other current assets 4,035 10,649
Total current assets 588,794 477,976
Financing receivables and operating leases - net 74,490 75,906
Property, equipment and other assets 11,704 8,644
Goodwill and other intangible assets - net 61,690 54,154
TOTAL ASSETS 736,678 616,680
Current liabilities:    
Accounts payable 121,562 76,780
Accounts payable-floor plan 120,854 121,893
Salaries and commissions payable 17,412 14,981
Deferred revenue 63,665 18,344
Recourse notes payable - current 1,605 2,288
Non-recourse notes payable - current 41,785 26,042
Other current liabilities 15,842 13,118
Total current liabilities 382,725 273,446
Recourse notes payable - long term 0 1,054
Non-recourse notes payable - long term 10,608 18,038
Deferred tax liability - net 3,075 3,001
Other liabilities 6,475 2,263
TOTAL LIABILITIES 402,883 297,802
COMMITMENTS AND CONTINGENCIES (Note 8)
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; 13,310 issued and 7,080 outstanding at December 31, 2016 and 13,237 issued and 7,365 outstanding at March 31, 2016 133 132
Additional paid-in capital 122,031 117,511
Treasury stock, at cost, 6,230 and 5,872 shares at December 31, 2016 and March 31, 2016, respectively (158,948) (129,518)
Retained earnings 371,290 331,224
Accumulated other comprehensive income - foreign currency translation adjustment (711) (471)
Total Stockholders' Equity 333,795 318,878
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 736,678 $ 616,680