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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Mar. 31, 2011
CURRENT ASSETS:    
Cash $ 12,683 $ 6,381
Accounts receivable (net of allowance for doubtful accounts of $283 and $235 in 2012 and 2011, respectively) 19,403 18,522
Inventories-net 14,631 14,751
Prepaid expenses and other current assets 759 727
Deferred income taxes 8,861 7,375
Total current assets 56,337 47,756
PROPERTY:    
Machinery and equipment 4,922 3,900
Furniture, fixtures and information systems 7,747 7,506
Leasehold improvements 5,618 5,590
Construction in progress 25 590
Total 18,312 17,586
Less accumulated depreciation and amortization 10,692 9,235
Property - net 7,620 8,351
OTHER ASSETS:    
Deferred income taxes 4,567 8,750
Goodwill 402 402
Real estate held for sale 3,800 3,800
Qualification units-net 1,775 3,179
Other 5,350 5,910
Total other assets 15,894 22,041
TOTAL 79,851 78,148
CURRENT LIABILITIES:    
Revolving credit facility 0 0
Current portion of long-term debt 2,464 0
Accounts payable - trade 5,779 8,041
Accrued compensation 2,967 3,010
Accrued income taxes 343 287
Other current liabilities 4,979 4,042
Total current liabilities 16,532 15,380
LONG-TERM DEBT PAYABLE TO BANKS 8,215 11,500
OTHER LONG-TERM LIABILITIES 16,952 17,835
COMMITMENTS AND CONTINGENCIES (Notes 12 and 13)      
TOTAL LIABILITIES 41,699 44,715
STOCKHOLDERS' EQUITY    
Preferred stock - authorized, 300,000 shares; none issued      
Common stock - authorized, 100,000,000 shares of $.01 par value; issued, 9,916,855 and 9,846,003 shares in 2012 and 2011, respectively 99 98
Additional paid-in capital 96,019 95,068
Accumulated deficit (51,061) (54,837)
Accumulated other comprehensive loss (74) (147)
Stockholders' equity before treasury stock 44,983 40,182
Less treasury stock, at cost - 426,704 and 416,967 shares in 2012 and 2011, respectively (6,831) (6,749)
Total stockholders' equity 38,152 33,433
TOTAL $ 79,851 $ 78,148