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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Mar. 31, 2016
Current assets:    
Cash and cash equivalents $ 58,730 $ 37,639
Accounts receivable, less allowance for doubtful accounts of $27 and $13, respectively 1,808 1,724
Inventories - finished goods 20,228 25,586
Prepaid expenses and other current assets 1,019 2,435
Prepaid income taxes   243
Total current assets 81,785 67,627
Noncurrent assets:    
Property and equipment, net 30,164 20,929
Intangible assets 860 860
Deferred tax assets   863
Total noncurrent assets 31,024 22,652
Total assets 112,809 90,279
Current liabilities:    
Accounts payable 15,221 5,004
Accrued expenses and other current liabilities 2,475 2,080
Income taxes payable 659  
Total liabilities 18,355 7,084
Deferred tax liabilities 1,088  
Total liabilities 19,443 7,084
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; 20,526 and 20,447 shares issued and outstanding, respectively 21 20
Additional paid-in capital 6,806 4,871
Retained earnings 86,530 78,295
Total shareholders' equity 93,366 83,195
Total liabilities and shareholders' equity $ 112,809 $ 90,279