XML 23 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 1,757 $ 5,787
Adjustments to reconcile net income to net cash used by operating activities:    
Depreciation and amortization 52 48
Deferred tax expense 120 17
Asset allowances, reserves and other (243) 229
Impairment of trademark   1,326
Changes in assets and liabilities:    
Accounts receivable 2,989 (4,116)
Other receivables 738 (1,084)
Due from affiliates 1  
Inventories (3,845) (1,364)
Prepaid expenses and other current assets (960) (2,583)
Other assets 61 (69)
Accounts payable and other current liabilities 557 9,140
Due to affiliates   (11)
Interest and income taxes payable (570) 125
Net cash provided by operating activities 657 7,445
Cash flows from investing activities:    
Short term investment 30,080 (25,000)
(Increase) decrease in restricted cash (3) 97
Additions to property and equipment (23) (1)
Disposals of property and equipment   7
Net cash provided (used) by investing activities 30,054 (24,897)
Cash flows from financing activities:    
Repayments of short-term borrowings   1
Net decrease in capital lease (15) (21)
Net cash used by financing activities (15) (20)
Net increase (decrease) in cash and cash equivalents 30,696 (17,472)
Cash and cash equivalents at beginning of period 21,412 44,960
Cash and cash equivalents at end of period 52,108 27,488
Cash paid during the period for:    
Interest 6 7
Income taxes $ 573 $ 606