XML 75 R47.htm IDEA: XBRL DOCUMENT v3.10.0.1
Revenue Recognition, Consolidaed Balance Sheet (Details) - USD ($)
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2017
Mar. 31, 2017
Mar. 31, 2016
Current assets [Abstract]          
Cash and cash equivalents $ 12,242,000 $ 13,049,000      
Short-term investments 3,053,000 2,828,000      
Accounts receivable - net 40,510,000 63,174,000      
Inventory - net 187,342,000 161,210,000      
Inventory unreturned 8,315,000 7,508,000      
Contract assets (see Note 7) 16,542,000 15,614,000      
Income tax receivable 9,416,000 7,796,000      
Prepaid expenses and other current assets 13,148,000 11,491,000      
Total current assets 290,568,000 282,670,000      
Plant and equipment - net 28,026,000 28,322,000      
Long-term core inventory - net   0      
Long-term core inventory deposits   0      
Long-term deferred income taxes 10,343,000 10,317,000      
Long-term contract assets 207,792,000 205,998,000      
Goodwill 2,551,000 2,551,000 $ 2,551,000 $ 2,551,000  
Intangible assets - net 3,567,000 3,766,000      
Other assets 6,406,000 7,392,000      
TOTAL ASSETS 549,253,000 541,016,000      
Current liabilities [Abstract]          
Accounts payable 86,633,000 73,273,000      
Accrued liabilities 9,358,000 11,799,000      
Customer finished goods returns accrual 16,438,000 17,805,000      
Accrued core payment   0      
Contract liabilities 32,083,000 32,603,000      
Revolving loan 45,406,000 54,000,000      
Other current liabilities 6,159,000 4,471,000      
Current portion of term loan 2,749,000 3,068,000      
Total current liabilities 198,826,000 197,019,000      
Term loan, less current portion 26,954,000 13,913,000      
Long-term accrued core payment   0      
Long-term deferred income taxes 216,000 226,000      
Long-term contract liabilities 45,666,000 48,183,000      
Other liabilities 6,853,000 5,957,000      
Total liabilities 278,515,000 265,298,000      
Commitments and contingencies      
Shareholders' equity [Abstract]          
Preferred stock 0 0      
Common stock; par value $.01 per share, 50,000,000 shares authorized; 18,893,102 shares issued and outstanding at March 31, 2018 189,000 189,000      
Additional paid-in capital 214,358,000 213,609,000      
Retained earnings 63,080,000 67,348,000      
Accumulated other comprehensive loss (6,889,000) (5,428,000)      
Total shareholders' equity 270,738,000 275,718,000      
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 549,253,000 $ 541,016,000      
Balance Sheet Parenthetical Information [Abstract]          
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01      
Preferred stock, authorized (in shares) 5,000,000 5,000,000      
Preferred stock, issued (in shares) 0 0      
Common stock, par value (in dollars per share) $ 0.01 $ 0.01      
Common stock, authorized (in shares) 50,000,000 50,000,000      
Common stock, issued (in shares) 18,916,108 18,893,102      
Common stock, outstanding (in shares) 18,916,108 18,893,102      
Series A Junior Participating Preferred Stock [Member]          
Shareholders' equity [Abstract]          
Preferred stock $ 0 $ 0      
Balance Sheet Parenthetical Information [Abstract]          
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01      
Preferred stock, authorized (in shares) 20,000 20,000      
Preferred stock, issued (in shares) 0 0      
As Previously Reported [Member] | ASC 606 [Member]          
Current assets [Abstract]          
Cash and cash equivalents   $ 13,049,000      
Short-term investments   2,828,000      
Accounts receivable - net   15,738,000      
Inventory - net   76,275,000      
Inventory unreturned   7,508,000      
Contract assets (see Note 7)   0      
Income tax receivable   7,796,000      
Prepaid expenses and other current assets   11,491,000      
Total current assets   134,685,000      
Plant and equipment - net   28,322,000      
Long-term core inventory - net   301,656,000      
Long-term core inventory deposits   5,569,000      
Long-term deferred income taxes   10,556,000      
Long-term contract assets   0      
Goodwill   2,551,000      
Intangible assets - net   3,766,000      
Other assets   7,392,000      
TOTAL ASSETS   494,497,000      
Current liabilities [Abstract]          
Accounts payable   73,273,000      
Accrued liabilities   11,799,000      
Customer finished goods returns accrual   17,805,000      
Accrued core payment   16,536,000      
Contract liabilities   0      
Revolving loan   54,000,000      
Other current liabilities   4,471,000      
Current portion of term loan   3,068,000      
Total current liabilities   180,952,000      
Term loan, less current portion   13,913,000      
Long-term accrued core payment   18,473,000      
Long-term deferred income taxes   226,000      
Long-term contract liabilities   0      
Other liabilities   5,957,000      
Total liabilities   219,521,000      
Commitments and contingencies        
Shareholders' equity [Abstract]          
Preferred stock   0      
Common stock; par value $.01 per share, 50,000,000 shares authorized; 18,893,102 shares issued and outstanding at March 31, 2018   189,000      
Additional paid-in capital   213,609,000      
Retained earnings   66,606,000      
Accumulated other comprehensive loss   (5,428,000)      
Total shareholders' equity   274,976,000      
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY   494,497,000      
Adoption of ASU 2014-09 [Member] | ASC 606 [Member]          
Current assets [Abstract]          
Cash and cash equivalents   0      
Short-term investments   0      
Accounts receivable - net   47,436,000      
Inventory - net   84,935,000      
Inventory unreturned   0      
Contract assets (see Note 7)   15,614,000      
Income tax receivable   0      
Prepaid expenses and other current assets   0      
Total current assets   147,985,000      
Plant and equipment - net   0      
Long-term core inventory - net   (301,656,000)      
Long-term core inventory deposits [1]   (5,569,000)      
Long-term deferred income taxes   (239,000)      
Long-term contract assets   205,998,000      
Goodwill   0      
Intangible assets - net   0      
Other assets   0      
TOTAL ASSETS   46,519,000      
Current liabilities [Abstract]          
Accounts payable   0      
Accrued liabilities   0      
Customer finished goods returns accrual   0      
Accrued core payment   (16,536,000)      
Contract liabilities   32,603,000      
Revolving loan   0      
Other current liabilities   0      
Current portion of term loan   0      
Total current liabilities   16,067,000      
Term loan, less current portion   0      
Long-term accrued core payment   (18,473,000)      
Long-term deferred income taxes   0      
Long-term contract liabilities   48,183,000      
Other liabilities   0      
Total liabilities   45,777,000      
Commitments and contingencies        
Shareholders' equity [Abstract]          
Preferred stock   0      
Common stock; par value $.01 per share, 50,000,000 shares authorized; 18,893,102 shares issued and outstanding at March 31, 2018   0      
Additional paid-in capital   0      
Retained earnings   742,000     $ 345,000
Accumulated other comprehensive loss   0      
Total shareholders' equity   742,000      
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY   $ 46,519,000      
[1] Long-term core inventory deposits of $5,569,000 have been reclassified to long-term contract assets in the consolidated balance sheet at March 31, 2018.