Consolidated Balance Sheets - USD ($)	Mar. 31, 2019	Mar. 31, 2018
Current assets:
Cash and cash equivalents	$ 17,100,000	$ 58,560,000
Accounts receivable, net of allowances of $2,198 and $1,576	53,835,000	63,083,000
Inventories	96,231,000	102,436,000
Asset held for sale	131,000	0
Prepaid expenses and other current assets	12,568,000	11,962,000
Total current assets	179,865,000	236,041,000
Net property, plant and equipment	50,920,000	52,126,000
Deferred income taxes	0	10,439,000
Intangible assets, net of accumulated amortization of $27,119 and $21,960	40,285,000	57,029,000
Other assets	14,525,000	9,553,000
Total assets	285,595,000	365,188,000
Current liabilities:
Short-term borrowings	26,139,000	0
Current portion of long-term debt	316,000	228,000
Accounts payable	27,916,000	20,581,000
Accrued payroll and other compensation	6,962,000	11,496,000
Accrued customer programs	12,101,000	12,284,000
Accrued other expenses	14,468,000	14,751,000
Total current liabilities	87,902,000	59,340,000
Long-term debt, net of current portion	13,000	40,228,000
Deferred income taxes	619,000	1,639,000
Other long-term obligations	7,130,000	10,286,000
Total liabilities	95,664,000	111,493,000
Commitments and contingencies (Notes 9 and 11)
Stockholders’ equity:
Preferred stock, Class 2, $.01 par, 1,000,000 shares authorized, no shares issued	0	0
Common stock, $.10 par, 25,000,000 shares authorized, 14,703,084 shares issued at March 31, 2018 and 2017	1,470,000	1,470,000
Additional paid-in capital	60,921,000	58,877,000
Retained earnings	277,613,000	339,088,000
Accumulated other comprehensive income (loss), net of tax	465,000	1,163,000
Common stock in treasury, 5,865,846 and 5,583,338 shares, at cost	(150,538,000)	(146,903,000)
Total stockholders’ equity	189,931,000	253,695,000
Total liabilities and stockholders’ equity	$ 285,595,000	$ 365,188,000