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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Mar. 31, 2014
CURRENT ASSETS:    
Cash $ 8,909 $ 6,021
Accounts receivable (net of allowance for doubtful accounts of $285 at June 30, 2014 and $323 at March 31, 2014) 18,290 24,191
Inventories – net 19,973 18,909
Prepaid income taxes 114  
Prepaid expenses and other current assets 1,816 1,868
Deferred income taxes 4,653 4,608
Total current assets 53,755 55,597
PROPERTY:    
Property and equipment 19,866 19,767
Less accumulated depreciation and amortization 13,784 13,435
Property – net 6,082 6,332
OTHER ASSETS:    
Deferred income taxes – net 3,799 4,197
Goodwill 402 402
Real estate held for sale 3,800 3,800
Qualification units and pre-qualification assets – net 4,081 4,385
Other 5,324 5,080
Total other assets 17,406 17,864
TOTAL ASSETS 77,243 79,793
CURRENT LIABILITIES:    
Revolving credit facility      
Current portion of long-term debt      
Accounts payable – trade 5,852 7,442
Accrued compensation 2,104 2,875
Accrued income taxes   358
Other current liabilities 5,179 5,214
Total current liabilities 13,135 15,889
LONG-TERM DEBT, NET OF CURRENT PORTION      
OTHER LONG-TERM LIABILITIES 13,139 13,420
COMMITMENTS AND CONTINGENCIES (Note 14)      
TOTAL LIABILITIES 26,274 29,309
STOCKHOLDERS’ EQUITY    
Preferred stock – authorized, 300,000 shares; none issued      
Common stock – authorized, 100,000,000 shares of $.01 par value; issued, 10,197,638 shares at June 30, 2014 and 10,148,944 shares at March 31, 2014 102 101
Additional paid-in capital 99,353 98,707
Accumulated deficit (41,506) (41,344)
Accumulated other comprehensive income 3 3
Stockholders' equity before treasury stock 57,952 57,467
Less treasury stock, at cost – 445,067 shares at June 30, 2014 and March 31, 2014, respectively (6,983) (6,983)
Total stockholders’ equity 50,969 50,484
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY $ 77,243 $ 79,793