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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 23,334 $ 18,036
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,108 1,058
Share based compensation 1,500 1,146
Deferred income taxes 189 216
Bad debt expense 49 46
(Increase) decrease in operating assets and increase (decrease) in liabilities:    
Accounts receivable 457 (250)
Inventories - finished goods (5,279) (2,777)
Prepaid income taxes 170
Prepaid expenses and other current assets (94) (87)
Accounts payable (996) (4,845)
Income taxes payable 5,349
Accrued expenses and other current liabilities (36) 411
Net cash provided by operating activities 20,402 18,303
Cash flows from investing activities:    
Purchases of property and equipment (450) (350)
Net cash used in investing activities (450) (350)
Cash flows from financing activities:    
Dividends paid (10,756) (8,240)
Net cash used in financing activities (10,756) (8,240)
Net increase in cash and cash equivalents 9,196 9,713
Cash and cash equivalents, at beginning of period 77,936 58,730
Cash and cash equivalents, at end of period 87,132 68,443
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 6,645 3,780
Dividends payable in accrued expenses $ 207 $ 202