XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 93,840 $ 129,562
Accounts receivable-trade, net 465,424 391,567
Accounts receivable-other, net 33,979 41,053
Inventories 77,752 69,963
Financing receivables-net, current 63,082 106,272
Deferred costs 27,812 28,201
Other current assets 12,309 10,976
Total current assets 774,198 777,594
Financing receivables and operating leases-net 98,277 90,165
Deferred tax asset-net 1,468 1,468
Property, equipment and other assets 41,282 42,289
Goodwill 126,651 126,645
Other intangible assets-net 35,540 38,614
TOTAL ASSETS 1,077,416 1,076,775
Current liabilities:    
Accounts payable 149,685 165,162
Accounts payable-floor plan 139,574 98,653
Salaries and commissions payable 31,758 36,839
Deferred revenue 76,821 72,802
Recourse notes payable-current 5,997 5,450
Non-recourse notes payable-current 12,700 50,397
Other current liabilities 29,870 30,061
Total current liabilities 446,405 459,364
Recourse notes payable - long-term 11,016 12,658
Non-recourse notes payable - long-term 2,587 5,664
Other liabilities 33,789 36,679
TOTAL LIABILITIES 493,797 514,365
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.01 per share par value; 2,000 shares authorized; none outstanding 0 0
Common stock, $0.01 per share par value; 25,000 shares authorized; 13,536 outstanding at June 30, 2021 and 13,503 outstanding at March 31, 2021 146 145
Additional paid-in capital 154,101 152,366
Treasury stock, at cost, 1,038 shares at June 30, 2021 and 993 shares at March 31, 2021 (79,483) (75,372)
Retained earnings 508,134 484,616
Accumulated other comprehensive income-foreign currency translation adjustment 721 655
Total Stockholders' Equity 583,619 562,410
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,077,416 $ 1,076,775