INVENTORIES

12 Months Ended

Mar. 31, 2019

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

Inventories are stated at the lower of actual cost or net realizable value. Cost is determined by using the FIFO method. Inventories consist of the following (in thousands):

	March 31,
	2019		2018
Raw materials	$	14,432	$	20,860
Work in process	1,181		2,589
Finished goods	7,738		8,500
Deferred costs	2,919		2,825
	$	26,270	$	34,774