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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 111,786 $ 118,718
Accounts receivable, less allowance for doubtful accounts of $33 and $39, respectively 2,162 2,587
Inventories - finished goods 29,174 34,420
Prepaid expenses and other current assets 4,061 4,503
Prepaid income taxes 0 959
Total current assets 147,183 161,187
Noncurrent assets:    
Property and equipment, net 25,280 25,450
Intangible assets 860 860
Total noncurrent assets 26,140 26,310
Total assets 173,323 187,497
Current liabilities:    
Accounts payable 24,714 39,548
Accrued expenses and other current liabilities 6,579 5,387
Income taxes payable 569 0
Total current liabilities 31,862 44,935
Deferred tax liabilities 1,114 1,281
Total liabilities 32,976 46,216
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; 20,270 and 20,269 shares issued and outstanding, respectively 20 20
Additional paid-in capital 7,829 7,111
Retained earnings 132,489 134,141
Total shareholders' equity 140,347 141,281
Total liabilities and shareholders' equity $ 173,323 $ 187,497