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Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Mar. 31, 2011
Current assets:    
Cash and cash equivalents $ 21,536 $ 39,796 [1]
Restricted cash 2,049 600 [1]
Investment in marketable security 0 4,725 [1]
Accounts receivable, net 30,772 10,929 [1]
Other receivables 1,087 1,413 [1]
Due from affiliates 15 0 [1]
Inventory, net 20,549 8,515 [1]
Prepaid expenses and other current assets 504 549 [1]
Deferred tax assets 2,235 2,825 [1]
Total current assets 78,747 69,352 [1]
Property, plant and equipment, net 2,832 2,921 [1]
Trademarks and other intangible assets, net 1,545 1,545 [1]
Deferred tax assets 1,967 2,540 [1]
Other assets 350 358 [1]
Total assets 85,441 76,716 [1]
Current liabilities:    
Short-term borrowings 0 2,466 [1]
Current maturities of long-term borrowings 46 46 [1]
Accounts payable and other current liabilities 22,683 14,408 [1]
Due to affiliates 0 2 [1]
Accrued sales returns 1,571 1,199 [1]
Income taxes payable 244 196 [1]
Total current liabilities 24,544 18,317 [1]
Long-term borrowings 127 150 [1]
Deferred tax liabilities 167 158 [1]
Total liabilities 24,838 18,625 [1]
Shareholders' equity:    
Preferred shares -10,000,000 shares authorized; 3,677 shares issued and outstanding; liquidation preference of $3,677,000 3,310 3,310 [1]
Common shares - $.01 par value, 75,000,000 shares authorized, 52,965,797 shares issued, and 27,129,832 shares outstanding 529 529 [1]
Capital in excess of par value 98,785 98,785 [1]
Accumulated other comprehensive (losses) income (82) 746 [1]
Accumulated deficit (17,715) (21,055) [1]
Treasury stock, at cost, 25,835,965 shares (24,224) (24,224) [1]
Total shareholders' equity 60,603 58,091 [1]
Total liabilities and shareholders' equity $ 85,441 $ 76,716 [1]
[1] Reference is made to the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2011 filed with the Securities and Exchange Commission on July 14, 2011.