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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2021
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 108,911 $ 118,718
Accounts receivable, less allowance for doubtful accounts of $19 and $39, respectively 1,267 2,587
Inventories - finished goods 27,640 34,420
Prepaid expenses and other current assets 3,216 4,503
Prepaid income taxes 1,870 959
Total current assets 142,904 161,187
Noncurrent assets:    
Property and equipment, net 24,665 25,450
Intangible assets 860 860
Total noncurrent assets 25,525 26,310
Total assets 168,429 187,497
Current liabilities:    
Accounts payable 21,935 39,548
Accrued expenses and other current liabilities 4,330 5,387
Total current liabilities 26,265 44,935
Deferred tax liabilities 1,262 1,281
Total liabilities 27,527 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; 20,957 and 20,269 shares issued and outstanding, respectively 21 20
Additional paid-in capital 10,151 7,111
Retained earnings 130,721 134,141
Total shareholders' equity 140,902 141,281
Total liabilities and shareholders' equity $ 168,429 $ 187,497