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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Mar. 31, 2022
Current assets:    
Cash and cash equivalents $ 105,414 $ 111,080
Accounts receivable, less allowance for doubtful accounts of $36 and $39, respectively 1,782 1,913
Inventories - finished goods 22,575 32,455
Prepaid expenses and other current assets 4,415 4,866
Prepaid income taxes 0 681
Total current assets 134,186 150,995
Noncurrent assets:    
Property and equipment, net 24,693 24,464
Minority interest investment in Vetster 5,000 0
Intangible assets 860 860
Total noncurrent assets 30,553 25,324
Total assets 164,739 176,319
Current liabilities:    
Accounts payable 17,031 27,500
Accrued expenses and other current liabilities 6,027 5,697
Income taxes payable 839 0
Total current liabilities 23,897 33,197
Deferred tax liabilities 642 936
Total liabilities 24,539 34,133
Commitments and contingincies
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; 20,989 and 20,979 shares issued and outstanding, respectively 21 21
Additional paid-in capital 13,196 11,660
Retained earnings 126,974 130,496
Total shareholders' equity 140,200 142,186
Total liabilities and shareholders' equity $ 164,739 $ 176,319