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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:      
Net income $ 23,819 $ 20,567 $ 17,453
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 1,369 770 660
Share based compensation 1,935 1,612 1,481
Discontinued project costs     1,714
Deferred income taxes 1,951 (23) 157
Bad debt expense 421 260 94
(Increase) decrease in operating assets and increase (decrease) in liabilities:      
Accounts receivable (505) (53) (264)
Inventories - finished goods 5,358 (518) 10,659
Prepaid income taxes 243 (243) 54
Prepaid expenses and other current assets 1,416 (1,055) 662
Accounts payable 10,217 (149) (616)
Accrued expenses and other current liabilities 321 (65) (61)
Income taxes payable 659 (50) 50
Net cash provided by operating activities 47,204 21,053 32,043
Cash flows from investing activities:      
Proceeds from sale of short term investments   15,591  
Net change in investments   54 (68)
Purchases of property and equipment (10,604) (20,130) (918)
Net cash used in investing activities (10,604) (4,485) (986)
Cash flows from financing activities:      
Dividends paid (15,509) (14,684) (13,807)
Excess tax benefit related to stock compensation   142 58
Net cash used in financing activities (15,509) (14,542) (13,749)
Net increase in cash and cash equivalents 21,091 2,026 17,308
Cash and cash equivalents, at beginning of year 37,639 35,613 18,305
Cash and cash equivalents, at end of year 58,730 37,639 35,613
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 11,373 12,173 10,026
Dividends payable in accrued expenses $ 217 $ 143 $ 212