XML 44 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 3,840 $ 3,337
Adjustments to reconcile net income to net cash used by operating activities:    
Depreciation and amortization 26 89
Deferred tax expense 122 1,172
Asset allowances, reserves and other 82 (596)
Gain on sale of marketable security   (828)
Changes in assets and liabilities:    
Accounts receivable (13,428) (20,465)
Other receivables 203 326
Due from affiliates   (15)
Inventories 1,407 (10,441)
Prepaid expenses and other current assets (7,464) 45
Other assets (12) 8
Accounts payable and other current liabilities 9,547 8,275
Due to affiliates (11) (2)
Interest and income taxes payable 274 48
Net cash (used) by operating activities (5,414) (19,047)
Cash flows from investing activities:    
Proceeds from sale of marketable security   4,725
Decrease (increase) in restricted cash 145 (1,449)
Additions to property and equipment (1)  
Disposals of property and equipment 7  
Net cash provided by investing activities 151 3,276
Cash flows from financing activities:    
Repayments of short-term borrowings 1 (2,466)
Net (decrease) in capital lease and other rental obligations (10) (23)
Net cash (used) by financing activities (9) (2,489)
Net (decrease) in cash and cash equivalents (5,272) (18,260)
Cash and cash equivalents at beginning of period 44,960 [1] 39,796
Cash and cash equivalents at end of period 39,688 21,536
Cash paid during the period for:    
Interest 3 8
Income taxes $ 2 $ 377
[1] (1) Reference is made to the Companys Annual Report on Form 10-K for the fiscal year ended March 31, 2012 filed with the Securities and Exchange Commission on July 13, 2012.