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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 161,081 $ 86,231
Accounts receivable-trade, net 369,037 374,998
Accounts receivable-other, net 40,832 36,570
Inventories 73,751 50,268
Financing receivables-net, current 92,766 70,169
Deferred costs 22,329 22,306
Other current assets 8,233 9,256
Total current assets 768,029 649,798
Financing receivables and operating leases-net 87,926 74,158
Property, equipment and other assets 34,314 32,596
Goodwill 118,177 118,097
Other intangible assets-net 30,265 34,464
TOTAL ASSETS 1,038,711 909,113
Current liabilities:    
Accounts payable 104,893 82,919
Accounts payable-floor plan 218,970 127,416
Salaries and commissions payable 30,284 30,952
Deferred revenue 59,078 55,480
Recourse notes payable-current 2,286 37,256
Non-recourse notes payable-current 35,610 29,630
us-gaap_OtherLiabilitiesCurrent 25,372 22,986
Total current liabilities 476,493 386,639
Non-recourse notes payable-long term 2,444 5,872
Deferred tax liability-net 3,762 2,730
us-gaap_OtherLiabilitiesNoncurrent 32,942 27,727
TOTAL LIABILITIES 515,641 422,968
COMMITMENTS AND CONTINGENCIES (Note 10)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.01 per share par value; 2,000 shares authorized; none outstanding 0 0
Common stock, $0.01 per share par value; 25,000 shares authorized; 13,537 outstanding at September 30, 2020 and 13,500 outstanding at March 31, 2020 145 144
Additional paid-in capital 148,845 145,197
Treasury stock, at cost, 958 shares at September 30, 2020 and 896 shares at March 31, 2020 (72,911) (68,424)
Retained earnings 447,425 410,219
Accumulated other comprehensive income-foreign currency translation adjustment (434) (991)
Total Stockholders' Equity 523,070 486,145
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,038,711 $ 909,113