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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 480,178 $ 389,375
Accounts receivable—trade, net 700,873 516,925
Accounts receivable—other, net 38,606 19,382
Inventories 101,053 120,440
Deferred costs 66,898 66,769
Other current assets 14,708 28,500
Current assets of discontinued operations 0 222,399
Total current assets 1,402,316 1,363,790
Deferred tax asset 9,852 3,658
Property, equipment, and other assets—net 107,538 98,657
Goodwill 202,979 202,858
Other intangible assets—net 76,450 82,007
Non-current assets of discontinued operations 0 133,835
TOTAL ASSETS 1,799,135 1,884,805
Current liabilities:    
Accounts payable 320,434 324,580
Accounts payable—floor plan 129,415 89,527
Salaries and commissions payable 45,672 42,219
Deferred revenue 158,759 152,631
Other current liabilities 33,470 22,463
Current liabilities of discontinued operations 0 166,463
Total current liabilities 687,750 797,883
Deferred tax liability—long-term 0 1,454
Deferred revenue—long-term 78,404 81,759
Other liabilities 12,550 13,540
Non-current liabilities of discontinued operations 0 12,546
TOTAL LIABILITIES 778,704 907,182
COMMITMENTS AND CONTINGENCIES (Note 8)
Preferred stock, $0.01 per share par value; 2,000 shares authorized; none outstanding 0 0
Common stock, $0.01 per share par value; 50,000 shares authorized; 26,627 outstanding at June 30, 2025 and 26,526 outstanding at March 31, 2025 277 276
Additional paid-in capital 198,954 193,698
Treasury stock, at cost, 1,103 shares at June 30, 2025 and 1,056 shares at March 31, 2025 (74,052) (70,748)
Retained earnings 888,653 850,956
Accumulated other comprehensive income—foreign currency translation adjustment 6,599 3,441
Total Stockholders’ Equity 1,020,431 977,623
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,799,135 $ 1,884,805