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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 86,463 $ 86,231
Accounts receivable-trade, net 460,385 374,998
Accounts receivable-other, net 34,355 36,570
Inventories 81,304 50,268
Financing receivables-net, current 126,692 70,169
Deferred costs 28,939 22,306
Other current assets 8,514 9,256
Total current assets 826,652 649,798
Financing receivables and operating leases-net 87,342 74,158
Property, equipment and other assets 43,387 32,596
Goodwill 126,945 118,097
Other intangible assets-net 41,628 34,464
TOTAL ASSETS 1,125,954 909,113
Current liabilities:    
Accounts payable 159,175 82,919
Accounts payable-floor plan 177,084 127,416
Salaries and commissions payable 33,197 30,952
Deferred revenue 68,466 55,480
Recourse notes payable-current 0 37,256
Non-recourse notes payable-current 62,021 29,630
Other current liabilities 31,095 22,986
Total current liabilities 531,038 386,639
Non-recourse notes payable-long term 6,312 5,872
Deferred tax liability-net 3,763 2,730
Other liabilities 39,832 27,727
TOTAL LIABILITIES 580,945 422,968
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; 13,503 outstanding at December 31, 2020 and 13,500 outstanding at March 31, 2020 145 144
Additional paid-in capital 150,624 145,197
Treasury stock, at cost, 993 shares at December 31, 2020 and 896 shares at March 31, 2020 (75,372) (68,424)
Retained earnings 469,063 410,219
Accumulated other comprehensive income-foreign currency translation adjustment 549 (991)
Total Stockholders' Equity 545,009 486,145
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,125,954 $ 909,113