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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Mar. 31, 2018
Current assets:    
Cash and cash equivalents $ 100,529 $ 77,936
Accounts receivable, less allowance for doubtful accounts of $39 and $35, respectively 2,542 2,292
Inventories - finished goods 21,370 23,337
Prepaid expenses and other current assets 1,408 882
Prepaid income taxes 582 788
Total current assets 126,431 105,235
Noncurrent assets:    
Property and equipment, net 27,136 28,741
Intangible assets 860 860
Total noncurrent assets 27,996 29,601
Total assets 154,427 134,836
Current liabilities:    
Accounts payable 16,275 15,274
Accrued expenses and other current liabilities 2,351 2,835
Total current liabilities 18,626 18,109
Deferred tax liabilities 1,121 996
Total liabilities 19,747 19,105
Commitments and contingencies
Shareholders' equity:    
Preferred stock, $.001 par value, 5,000 shares authorized; 3 convertible shares issued and outstanding with a liquidation preference of $4 per share 9 9
Common stock, $.001 par value, 40,000 shares authorized; 20,674 and 20,601 shares issued and outstanding, respectively 21 21
Additional paid-in capital 12,478 9,381
Retained earnings 122,172 106,320
Total shareholders' equity 134,680 115,731
Total liabilities and shareholders' equity $ 154,427 $ 134,836