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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Mar. 31, 2014
CURRENT ASSETS:    
Cash $ 12,876 $ 6,021
Accounts receivable (net of allowance for doubtful accounts of $240 at September 30, 2014 and $323 at March 31, 2014) 14,785 24,191
Inventories – net 22,586 18,909
Prepaid expenses and other current assets 1,445 1,868
Deferred income taxes 4,739 4,608
Total current assets 56,431 55,597
PROPERTY:    
Property and equipment 19,941 19,767
Less accumulated depreciation and amortization 14,167 13,435
Property – net 5,774 6,332
OTHER ASSETS:    
Deferred income taxes – net 3,755 4,197
Goodwill 402 402
Real estate held for sale 3,800 3,800
Qualification units and pre-qualification assets – net 4,019 4,385
Other 5,135 5,080
Total other assets 17,111 17,864
TOTAL ASSETS 79,316 79,793
CURRENT LIABILITIES:    
Revolving credit facility 0 0
Current portion of long-term debt 0 0
Accounts payable – trade 7,077 7,442
Accrued compensation 1,951 2,875
Accrued income taxes 303 358
Other current liabilities 5,259 5,214
Total current liabilities 14,590 15,889
LONG-TERM DEBT, NET OF CURRENT PORTION 0 0
OTHER LONG-TERM LIABILITIES 12,518 13,420
COMMITMENTS AND CONTINGENCIES (Note 14)      
TOTAL LIABILITIES 27,108 29,309
STOCKHOLDERS’ EQUITY    
Preferred stock – authorized, 300,000 shares; none issued      
Common stock – authorized, 100,000,000 shares of $.01 par value; issued, 10,265,707 shares at September 30, 2014 and 10,148,944 shares at March 31, 2014 102 101
Additional paid-in capital 99,998 98,707
Accumulated deficit (40,866) (41,344)
Accumulated other comprehensive income 3 3
Stockholders' equity before treasury stock 59,237 57,467
Less treasury stock, at cost – 449,649 shares at September 30, 2014 and 445,067 shares at March 31, 2014 (7,029) (6,983)
Total stockholders’ equity 52,208 50,484
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY $ 79,316 $ 79,793