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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 111,080 $ 118,718
Accounts receivable, less allowance for doubtful accounts of $39 and $39, respectively 1,913 2,587
Inventories - finished goods 32,455 34,420
Prepaid expenses and other current assets 4,866 4,503
Prepaid income taxes 681 959
Total current assets 150,995 161,187
Noncurrent assets:    
Property and equipment, net 24,464 25,450
Intangible assets 860 860
Total noncurrent assets 25,324 26,310
Total assets 176,319 187,497
Current liabilities:    
Accounts payable 27,500 39,548
Accrued expenses and other current liabilities 5,697 5,387
Total current liabilities 33,197 44,935
Deferred tax liabilities 936 1,281
Total liabilities 34,133 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; 20,979 and 20,269 shares issued and outstanding, respectively 21 20
Additional paid-in capital 11,660 7,111
Retained earnings 130,496 134,141
Total shareholders' equity 142,186 141,281
Total liabilities and shareholders' equity $ 176,319 $ 187,497