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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:    
Net income $ 31,121 $ 27,100
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,664 1,590
Share based compensation 2,312 1,858
Deferred income taxes 11 (412)
Bad debt expense 49 72
(Increase) decrease in operating assets and increase (decrease) in liabilities:    
Accounts receivable 974 21
Inventories - finished goods (8,910) (1,679)
Prepaid income taxes 263
Prepaid expenses and other current assets (384) 45
Accounts payable 5,009 (2,795)
Income taxes payable 8,815
Accrued expenses and other current liabilities (84) 530
Net cash provided by operating activities 32,025 35,145
Cash flows from investing activities:    
Purchases of property and equipment (507) (564)
Net cash used in investing activities (507) (564)
Cash flows from financing activities:    
Dividends paid (16,288) (12,314)
Net cash used in financing activities (16,288) (12,314)
Net increase in cash and cash equivalents 15,230 22,267
Cash and cash equivalents, at beginning of period 77,936 58,730
Cash and cash equivalents, at end of period 93,166 80,997
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 9,120 3,801
Dividends payable in accrued expenses $ 258 $ 246