XML 14 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Mar. 31, 2011
CURRENT ASSETS:    
Cash $ 7,768 $ 6,381
Accounts receivable (net of allowance for doubtful accounts of $237 at December 31, 2011 and $235 at March 31, 2011) 15,806 18,522
Inventories 20,583 14,751
Prepaid expenses and other current assets 599 727
Deferred income taxes 6,553 7,375
Total current assets 51,309 47,756
PROPERTY:    
Property and equipment 18,215 17,586
Less accumulated depreciation and amortization 10,288 9,235
Property - net 7,927 8,351
OTHER ASSETS:    
Deferred income taxes 7,623 8,750
Goodwill 402 402
Real estate held for sale 3,800 3,800
Qualification units-net 4,748 3,179
Other 5,527 5,910
Total other assets 22,100 22,041
TOTAL ASSETS 81,336 78,148
CURRENT LIABILITIES:    
Revolving credit facility 0 0
Current portion of long-term debt 1,643 0
Accounts payable - trade 8,675 8,041
Accrued compensation 2,919 3,010
Accrued income taxes 306 287
Other current liabilities 5,569 4,042
Total current liabilities 19,112 15,380
LONG-TERM DEBT, NET OF CURRENT PORTION 9,036 11,500
OTHER LONG-TERM LIABILITIES 16,219 17,835
COMMITMENTS AND CONTINGENCIES (Note 13)      
TOTAL LIABILITIES 44,367 44,715
STOCKHOLDERS' EQUITY    
Preferred stock - authorized, 300,000 shares; none issued      
Common stock - authorized, 14,700,000 shares of $.01 par value; issued, 9,916,698 at December 31, 2011 and 9,846,003 at March 31, 2011 99 98
Additional paid-in capital 95,878 95,068
Accumulated deficit (52,065) (54,837)
Accumulated other comprehensive loss (112) (147)
Stockholders' equity before treasury stock 43,800 40,182
Less treasury stock, at cost - 426,704 at December 31, 2011 and 416,967 at March 31, 2011 (6,831) (6,749)
Total stockholders' equity 36,969 33,433
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY $ 81,336 $ 78,148