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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Mar. 31, 2022
Current assets:    
Cash and cash equivalents $ 104,086 $ 111,080
Accounts receivable, less allowance for doubtful accounts of $35 and $39, respectively 1,740 1,913
Inventories - finished goods 19,023 32,455
Prepaid expenses and other current assets 4,719 4,866
Prepaid income taxes 1,883 681
Total current assets 131,451 150,995
Noncurrent assets:    
Property and equipment, net 26,178 24,464
Intangible and other assets 5,860 860
Deferred tax assets 628 0
Total noncurrent assets 32,666 25,324
Total assets 164,117 176,319
Current liabilities:    
Accounts payable 25,208 27,500
Accrued expenses and other current liabilities 11,289 5,697
Total current liabilities 36,497 33,197
Deferred tax liabilities 0 936
Other long-term liabilities 3,825 0
Total liabilities 40,322 34,133
Commitments and contingencies
Shareholders' equity:    
Preferred stock, $.001 par value, 5,000 shares authorized; 3 convertible shares issued and outstanding with a liquidation preference of $4 per share 9 9
Common stock, $.001 par value, 40,000 shares authorized; 21,084 and 20,979 shares issued and outstanding, respectively 21 21
Additional paid-in capital 18,277 11,660
Retained earnings 105,488 130,496
Total shareholders' equity 123,795 142,186
Total liabilities and shareholders' equity $ 164,117 $ 176,319