XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 106,344 $ 103,762
Accounts receivable, less allowance for doubtful accounts of $34 and $59, respectively 2,212 3,843
Inventories - finished goods, net 21,451 17,884
Prepaid expenses and other current assets 2,613 3,529
Total current assets 132,620 129,018
Noncurrent assets:    
Property and equipment, net 25,469 25,445
Intangible assets 860 860
Total noncurrent assets 26,329 26,305
Total assets 158,949 155,323
Current liabilities:    
Accounts payable 16,058 19,658
Accrued expenses and other current liabilities 4,486 4,214
Income taxes payable 618 471
Total current liabilities 21,162 24,343
Deferred tax liabilities 1,378 970
Total liabilities 22,540 25,313
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; 20,272 and 20,166 shares issued and outstanding, respectively 20 20
Additional paid-in capital 5,317 3,804
Retained earnings 131,063 126,177
Total shareholders' equity 136,409 130,010
Total liabilities and shareholders' equity $ 158,949 $ 155,323