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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2017
Mar. 31, 2017
Dec. 31, 2016
Current assets      
Cash and cash equivalents $ 30,297,000 $ 47,693,000 $ 30,069,000
Short-term investments 0 19,931,000 0
Accounts receivable, net of allowances of $1,888, $1,283 and $1,712 120,613,000 48,814,000 106,514,000
Inventories 110,762,000 105,258,000 106,498,000
Prepaid expenses and other current assets 11,508,000 10,793,000 9,921,000
Total current assets 273,180,000 232,489,000 253,002,000
Property, plant and equipment, net 51,468,000 35,764,000 35,998,000
Other assets      
Goodwill 26,070,000 19,916,000 19,677,000
Intangible assets, net 63,350,000 43,879,000 44,719,000
Other 8,644,000 7,146,000 7,965,000
Total other assets 98,064,000 70,941,000 72,361,000
Total assets 422,712,000 339,194,000 361,361,000
Current liabilities      
Short-term borrowings 48,431,000 0 0
Current portion of long-term debt 313,000 220,000 225,000
Accounts payable 27,618,000 14,223,000 18,496,000
Accrued payroll and other compensation 8,425,000 7,884,000 8,204,000
Accrued customer programs 13,517,000 5,030,000 7,201,000
Accrued income taxes 805,000 425,000 3,057,000
Other current liabilities 18,683,000 8,601,000 11,552,000
Total current liabilities 117,792,000 36,383,000 48,735,000
Long-term debt, net of current portion 285,000 456,000 516,000
Deferred income taxes 884,000 4,430,000 6,246,000
Other long-term obligations 11,019,000 3,771,000 5,420,000
Stockholders’ equity      
Preferred stock, Class 2, $.01 par, 1,000,000 shares authorized, no shares issued 0 0 0
Common stock, $.10 par, 25,000,000 shares authorized, 14,703,084 shares issued at December 31, 2017, March 31, 2017 and December 31, 2016 1,470,000 1,470,000 1,470,000
Additional paid-in capital 58,324,000 57,997,000 57,498,000
Retained earnings 379,338,000 382,807,000 389,799,000
Accumulated other comprehensive income (loss) 503,000 (63,000) (266,000)
Common stock in treasury, 5,583,338 and 5,616,319 shares, at cost (146,903,000) (148,057,000) (148,057,000)
Total stockholders' equity 292,732,000 294,154,000 300,444,000
Total liabilities and stockholders’ equity $ 422,712,000 $ 339,194,000 $ 361,361,000