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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 18,036 $ 11,493
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,058 398
Share based compensation 1,146 946
Deferred income taxes 216 364
Bad debt expense 46 352
(Increase) decrease in operating assets and increase (decrease) in liabilities:    
Accounts receivable (250) 3
Inventories - finished goods (2,777) 10,765
Prepaid income taxes 222
Prepaid expenses and other current assets (87) 1,764
Accounts payable (4,845) 1,143
Income taxes payable 5,349
Accrued expenses and other current liabilities 411 335
Net cash provided by operating activities 18,303 27,785
Cash flows from investing activities:    
Purchases of property and equipment (350) (5,859)
Net cash used in investing activities (350) (5,859)
Cash flows from financing activities:    
Dividends paid (8,240) (7,784)
Excess tax benefits related to restricted stock 115
Net cash used in financing activities (8,240) (7,669)
Net increase in cash and cash equivalents 9,713 14,257
Cash and cash equivalents, at beginning of period 58,730 37,639
Cash and cash equivalents, at end of period 68,443 51,896
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 3,780 6,186
Prepaid property and equipment in current assets 5,815
Dividends payable in accrued expenses $ 202 $ 144