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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Mar. 31, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 10,450 $ 6,381
Accounts receivable (net of allowance for doubtful accounts of $248 at June 30, 2011 and $235 at March 31, 2011) 12,764 18,522
Inventories 17,333 14,751
Prepaid expenses and other current assets 650 727
Deferred income taxes 7,201 7,375
Total current assets 48,398 47,756
PROPERTY:    
Property and equipment 18,299 17,586
Less accumulated depreciation and amortization 9,586 9,235
Property - net 8,713 8,351
OTHER ASSETS:    
Deferred income taxes 8,516 8,750
Goodwill 402 402
Real estate held for sale 3,800 3,800
Qualification units-net 3,621 3,179
Other 5,989 5,910
Total other assets 22,328 22,041
TOTAL ASSETS 79,439 78,148
CURRENT LIABILITES:    
Revolving credit facility 0 0
Current portion of long-term debt 0 0
Accounts payable - trade 9,981 8,041
Accrued compensation 3,260 3,010
Accrued income taxes 288 287
Other current liabilities 3,232 4,042
Total current liabilities 16,761 15,380
LONG-TERM DEBT, NET OF CURRENT PORTION 10,679 11,500
OTHER LONG-TERM LIABILITIES 17,616 17,835
COMMITMENTS AND CONTINGENCIES (Note 13)    
TOTAL LIABILITIES 45,056 44,715
STOCKHOLDERS' EQUITY    
Preferred stock - authorized, 300,000 shares; none issued 0 0
Common stock - authorized, 14,700,000 shares of $.01 par value; issued, 9,896,244 at June 30, 2011 and 9,846,003 at March 31, 2011 99 98
Additional paid-in capital 95,479 95,068
Accumulated deficit (54,239) (54,837)
Accumulated other comprehensive loss (126) (147)
Stockholders' equity before treasury stock 41,213 40,182
Less treasury stock, at cost - 426,559 at June 30, 2011 and 416,967 at March 31, 2011 (6,830) (6,749)
Total stockholders' equity 34,383 33,433
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY $ 79,439 $ 78,148